News in Brief
Electricity project inauguration
ECONOMY.PK – On his trip to Balochistan this week, Pakistani Prime Minister Shehbaz Sharif will officially launch the 100MW Iran-Gwadar electricity transmission project.
Chief Secretary of Balochistan Abdul Aziz Aqeeli made the statement in his remarks at a meeting to examine the current uplift initiatives in Gwadar.
Aqeeli stated that Gwadar will formally begin receiving electricity from Iran after the prime minister unveiled the initiative.
Cooperation in maritime projects
IRNA – Head of the Supreme Council of Marine Industries’ Secretariat Saeid Jafari said China has expressed readiness to participate in Iran’s maritime projects.
Considering the negotiations between the two sides during the recent visit of President Ebrahim Raeisi to China, the Chinese have expressed readiness to participate in all Iranian marine projects, Jafari said on Monday.
He noted that the main focus of the discussions between the two sides has been on technology transfer for manufacturing large-scale vessels.
TSE index up
TSETMC – TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 4,840 points to 1.809 million on Monday.
Over 20.821 billion securities worth 115.354 trillion rials (about $288 million) were traded at the TSE.
TSE is one of the four Iranian stock exchanges, and the most important one. The other three ones are Iran Mercantile Exchange (IME), Iran Energy Exchange (IRENEX), and Iran’s over-the-counter (OTC) market, known as Iran Fara Bourse (IFB).