manufacture in the East

Iran’s trade with OIC member states hits $61 billion

Iran’s trade with OIC member states hits $61 billion

The value of the trade exchanges between Iran and the Organization of Islamic Conference member states reached $61 billion in the past Iranian year. Head of the Iran Customs Administration (IRICA)  Mohammad Rezvanifar put the …

Azerbaijan and Türkiye intend to expand defense cooperation

Azerbaijan and Türkiye intend to expand defense cooperation

The Turkish delegation led by President of Secretariat of Defense Industries under the Presidency of Türkiye Haluk Gorgun held meetings with the Azerbaijani Minister of Defense and the Azerbaijani President in Baku on April …

Iran overtakes Russia in car production

Iran overtakes Russia in car production

Iran's car output reached 1.188 million units in 2023 and took 16th place in the world car production, the International Organization of Motor Vehicle Manufacturers (OICA) reported. According to the OICA, car production in …

Türkiye refutes claims of weapon sales to Israel

Türkiye refutes claims of weapon sales to Israel

Türkiye has rejected allegations of defence-based cooperation with Israel. The statement came after claims by some media outlets that Türkiye continues to export gunpowder, weapons and ammunition to Israel. …

Russians continue to open companies in Kazakhstan

Russians continue to open companies in Kazakhstan

Russian companies currently play a dominating role in Kazakhstan’s consulting and IT industry, while overall the inflow of companies from Russia to the republic keeps "increased dynamics" compared with other countries, according …

Uzbekistan to provide jobs for 5 mln people in 2024

Uzbekistan to provide jobs for 5 mln people in 2024

Uzbek President Shavkat Mirziyoyev has familiarized himself with a program to create new jobs in the country in 2024, which envisages providing jobs for 5 million people, the presidential press service reported. …

Azerbaijani-Uzbek joint venture commissioned in Hajigabul

Azerbaijani-Uzbek joint venture commissioned in Hajigabul

A new enterprise has been commissioned in the Hajigabul Industrial Estate (District), which is under the jurisdiction of the Economic Zones Development Agency under Azerbaijan's Economy Ministry, Azerbaijani Minister of Economy Mikayil …

Iran launches imaging satellite into orbit

Iran launches imaging satellite into orbit

Iran said it successfully launched an imaging satellite into space, a move that could further ratchet up tensions with Western nations that fear its space technology could be used to develop nuclear weapons. Iran’s Communication …

Avtovaz eyeing production of new Lada cars in Uzbekistan

Avtovaz eyeing production of new Lada cars in Uzbekistan

Avtovaz is looking at the idea of producing the next generation of Lada Vesta automobiles in Uzbekistan, president of the Russian automaker Maxim Sokolov told reporters at the Innoprom. Central Asia fair. "Already now, together …

Iran develops anti-submarine and anti-vessel drone

Iran develops anti-submarine and anti-vessel drone

Iranian force has employed new unmanned aerial vehicles designed and manufactured domestically to detect and destroy hostile vessels and submarines, Iranian Navy Commander Rear Admiral Shahram Irani said. According to Irani, the …

Türkiye's first indigenous electric car Togg takes to road

Türkiye's first indigenous electric car Togg takes to road

Turkish President Recep Tayyip Erdoğan on Monday officially became the first owner of Türkiye’s indigenous electric vehicle (EV), as long-awaited shipments start. Erdoğan, accompanied by first lady Emine Erdoğan, was …

Iran begins exploitation of its biggest uranium mine

Iran begins exploitation of its biggest uranium mine

Iran has started the exploitation phase for what is believed to be the biggest uranium mine in the central province of Yazd. The inauguration ceremony of the Narigan Mine, located around 35 km away from the city of Bafq, was held on …

Türkiye opens facility to process vast gold reserve

Türkiye opens facility to process vast gold reserve

Turkish President Recep Tayyip Erdoğan on Friday opened a vast gold mine facility that will process reserves discovered in the northwestern Bilecik province in late 2020. Around 109 tons of gold was discovered in the mining …

Iran's nanotech production increases sixfold in 9 years

Iran's nanotech production increases sixfold in 9 years

The number of products and equipment based on nanotechnology in Iran has increased sixfold in a nine-year period, according to the latest data released by the Nanotechnology Development Headquarters of the Vice Presidency for Science and …

Iran steel production up 8.5% in 11 months

Iran steel production up 8.5% in 11 months

Iran’s steel production reached nearly 28 million tons, showing an 8.5% hike, while international steel production witnessed a 3.7%decrease in the January-November period of the current year, IRNA reports. The World Steel …

Saudi Arabia sends blue ammonia to South Korea

Saudi Arabia sends blue ammonia to South Korea

Saudi Arabia’s state-owned energy company announced Tuesday a major blue ammonia shipment to South Korea, Al-Monitor reported. Aramco and the Saudi Basic Industries Corporation (SABIC) said they shipped 25,000 metric tons of …