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China’s factory output rose for the first time this year as the world’s second-largest economy slowly emerged from its coronavirus lockdown, although consumption remained depressed amid increased job losses. Industrial …
Turkish industrial production climbed 8.6% year-on-year in December, official data showed today, exceeding forecasts in the fourth consecutive rise as the economy gathers pace after recovering from recession. A Reuters poll for the …
Turkish President Recep Tayyip Erdogan has set a task bring up trade turnover between Turkey and Russia to $100 billion. "The trade turnover between our countries already exceeds $25 bln, but our task is to bring …
Iran's Defense Ministry unveiled new types of advanced armored and tactical vehicles fully designed and manufactured by Iranian military experts. The domestically made Aras-2 Tactical Vehicle and Ra’d …
Ukraine's state-owned company Ukrspecexport, part of Ukroboronprom, and the Turkish company Baykar Defence, which is one of the leading manufacturers of drones, have created a joint venture in the field of precision weapons and aerospace …
Head of Turkey’s Defence Industry Directorate Ismail Demir said that Turkish defence industry will be stronger after a U.S. decision to remove Ankara from the F-35 fighter jet programme. Speaking to …
The first domestic car will hit Turkish streets by 2022, Turkey's Industry and Technology Minister Mustafa Varank said. He noted that the line-drawing phase has been completed and presented. "Business …
Turkey plans to present its first national aircraft in 2023, Turkish Vice President Fuat Oktay said. According to him, Turkey is meeting 65% of its defense needs through its own local and national defense industry, …
Twelve ballistic rockets were exhibited at Imam Khomeini's Mosalla in Tehran. During the “Eghtedar 40” military exhibition, which marks the 40-th anniversary of the Islamic Revolution in Iran, 12 ballistic rockets were …
Saudi Arabia's government plans to spend 100 billion riyals ($27 billion) in 2019 and 2020 as part of a new industrial strategy aimed at weaning the kingdom off oil income, creating jobs, and attracting as much as 1.6 trillion riyals in …
Construction and assembly work has been completed at the plant for producing gasoline from natural gas in the Ahal region of Turkmenistan, which is ready for tests, State News Agency of Turkmenistan reported. …
The Turkey Space Agency was established in the country, the official gazette published a presidential decree signed by Turkish President Recep Tayyip Erdogan on December 13. The agency will prepare and carry out the …
Two mine workers died in Vostoktsvetmet company's Orlovskaya mine in East Kazakhstan region, KAZ Minerals group reported. According to the statement, three mine workers were found unconscious in the mine on …
Head of Iran’s Sericulture Center Adil Sarvi said the country is ranked 8th in the world in silk production, putting the annual production volume of silk at 120 tons. According to him, 90% of the world’s …
Azerbaijan and Iran will soon export cars to Russia, Ukraine and the CIS nations via a joint venture 'Khazar Car Factory, ' head of IKCO (Iran Khodro Co.) operations in Asia, Europe, America and Commonwealth of Independent …
China’s HKC Corporation Limited, one of the five companies of China in the market for the production of monitors and TV sets, intends to build an assembly plant in Kazakhstan’s Kostanay region, Kazakh Invest national company said. …
China's large automotive company DongFeng plans to build a complex of factories in the North-Kazakhstan region, the chairman of the supervisory board of SKO JV KAZ LLP Yerzhan Artybekov said at the meeting with the official delegation of the …
Russian gold and silver producer Polymetal said it has launched its Kyzyl mine in Kazakhstan ahead of schedule and below budget. The company said that the concentrator at Kyzyl had entered a three-month ramp-up period, …
Uzavtosanoat JSC plans to increase production of cars in Uzbekistan to 220,000-230,000 units per year, chairman of the Board of Uzavtosanoat Umidjan Salimov said at a press conference in Tashkent. The country produced …
The creation of the Iran-Azerbaijan joint oil company will be beneficial for both parties and will allow to resolve the issue with the disputed Araz-Alov-Sharg oil field, however, the project implementation is a distant possibility so far, …
