Iran announces big increase in renewable power purchase prices
Financial Tribune – The guaranteed purchase price paid by the government for renewable power generated by private companies has, on average, increased…
Economy
Iran self-sufficient in oil exploration: Official
SHANA — The deputy NIOC director of development and engineering affairs said Iran was fully self-sufficient in exploration activities. Addressing a ceremony…
Iranian students barred from US: lost money, broken dreams, no answers
The Guardian | Caleb Hampton and Simon Campbell: They had been accepted to prestigious postgraduate programs, many in California, but they got…
50% growth in essential goods imports from Iran’s Imam Khomeini port
Financial Tribune – Close to 9 million tons of essential goods were unloaded at Imam Khomeini Port located in the southern Khuzestan…
Energy min.: Joining of Iran to EAEU develops peace, friendship in region
MNA – Referring to joining of Iran to the Eurasian Economic Union (EAEU) in the coming weeks, Iranian Minister of Energy Reza…
Tehran stocks roar back to life
Financial Tribune – Leaving behind a lethargic week, Tehran stocks opened trading session on a strong note Saturday as the market recovered…
Iran reports adequate supply of petrochem feedstock
Financial Tribune – Unlike previous years when some petrochemical plants had to be shut down due to lack of feedstock in winter,…
President Rouhani, PM Imran Khan discuss US “economic terrorism” against Iran
IRNA – President Hassan Rouhani said in a joint press conference with Pakistani Prime Minister Imran Khan on Sunday that the two…
Iran reports new natural gas field with 19 tcf reserve in Fars province
Reuters – Iran has discovered a new natural gas field with a 19-trillion-cubic-feet reserve in the southern province of Fars, the Oil…
Taxing bank deposits will have implications
Financial Tribune – In need of new sources of revenue to compensate for the budget deficit emanating from steep declines in oil…
TPOI head: Iran to dispatch commercial envoy to UAE
MNA – Deputy Minister of Industry, Mine and Trade and Head of Trade Promotion Organization of Iran (TPOI) Hamid Zaadboom said on…
Iran commercial ports’ operations rise
Financial Tribune – Iranian commercial ports are buzzing with activity, the latest figures released by the Ports and Maritime Organization of Iran…
Iran exporting medicine to Europe, Africa, Asia: Minister
Tasnim – Iran is exporting pharmaceuticals to countries in Europe, Africa and Central Asia, the country’s health minister said. In an interview…
Iran’s top banker: No problem in importing food, medicine
Tasnim – The Governor of the Central Bank of Iran said the import of foodstuff and medicine into the country has not…
US changing energy geography: Zangeneh
SHANA – Iranian Minister of Petroleum Bijan Zangeneh said that the arrival of the US in the gas and oil markets was…
Iran Euro petrol output at 91ml/d
SHANA – A senior Iranian energy official said that the country’s petrol output that meets Euro qualities stood at 91 million liters…
Iran, Armenia review bilateral ICT coop.
MNA – Iranian Information and Communications Technology Minister Mohammad Javad Azari Jahromi met and held talks with Armenian Deputy Prime Minister Tigran…
Iran saffron exports reach $78m in five months
Financial Tribune – Iran exported 74 tons of saffron worth $78 million during the first five months of the current Iranian year…
Iran: Merger of military banks to complete in late Dec.
Press TV – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati says the much-anticipated merger of military-linked banks will complete…
Iran Nat’l budget not to be reliant on oil revenues next year: Official
Tasnim – The head of Iran’s Plan and Budget Organization highlighted efforts to reduce the country’s reliance on oil revenues and said…
Iran: Rice self-sufficiency this year
Financial Tribune – Due to good climatic conditions, it is estimated that rice production will increase 42% this year to reach between…
US sanctions impeding treatment of Iranian victims of Saddam’s chemical attacks: OPCW envoy
Press TV – Iran’s ambassador and permanent representative to the Organization for the Prohibition of Chemical Weapons (OPCW) says unilateral US sanctions…
US-Iran tensions soar as Tehran demands United Nations condemn Trump for space sanctions
Express – Iran has written a letter to the United Nations to protest sanctions imposed by the US on its space programme…
Iran: Forex fluctuations impact domestic travel behavior
Financial Tribune – A weak local currency has proved to be a boon to Iran’s inbound tourists while a nemesis to its…
Iran: Industrial investment landscape over five months
Financial Tribune – Close to 1.2 quadrillion rials ($9.81 billion) worth of investments were made in industrial units for which establishment permits…
Bankers want to delay reforms
Financial Tribune – In a recent meeting with lawmakers, chief executives of banks expressed their opposition towards implementation of banking sector reforms.…
Iran to open over 3,800 MW of new power plants until next summer: Official
Press TV – An official from Iran’s Ministry of Energy has said that the country would launch new power plants with more…
No restriction facing Iran-Russia trade: Bashkortostan deputy PM
MNA – Deputy Prime Minister of Russia’s Republic of Bashkortostan (known as Bashkiria) Andrey Nazarov said that there is no restriction facing…
18 countries attend Tehran Minex 2019
Press TV – Tehran is hosting the eighth edition of Investment Opportunities in Iran’s Mines and Mining Industries Exhibition, known as Minex…
Iran, KRG discuss ways to strengthen economic ties in an event in Erbil
MNA – A conference was held in Iraqi Kurdistan capital of Erbil on Sunday with the participation of Iran’s ambassador to Baghdad…
Iran underpriced energy for 3 main industry sectors by $9.5bn: Report
Press TV – A new report by the Iranian parliament shows that the country underpriced energy given to the three main sectors…
Chinese energy giant bids farewell to $5 billion Iran project
Al-Monitor – Iran’s Oil Minister Bijan Zangeneh has confirmed that US sanctions triggered the withdrawal last week of China’s state oil company,…
Iran finds massive onshore gas field in south: Report
Press TV – Iran has discovered a massive onshore gas field in the country’s south after a year of exploration, Fars news…
Iran in talks with local firms to develop SPOL
SHANA – Iranian Minister of Petroleum Bijan Zangeneh said there had been talks with a number of domestic firms to develop the…
Zarif raps US sanction on Iran Central Bank as war crime
Tasnim – The US move to impose new sanctions on the Central Bank of Iran amounts to a war crime, Iranian Foreign…
South Pars phase 14 online next calendar year
SHANA – Iranian Minister of Petroleum Bijan Zangeneh said that Phase 14 project of the South Pars gas field would come online…
10-year review of Iran-Africa trade
Financial Tribune – A review of Iran’s commercial exchanges with African countries during the 10 years to March 20, 2019, shows Iran…
SCI report: Spending inequality widens between rich and poor
Financial Tribune – Figures released by the Statistical Center of Iran show the spending gap between the richest and the poorest strata…
Iran’s private sector seeks active role in trade with EAEU countries
Press TV – A senior figure in Iran’s business community has called on the government to allow the private sector to have…
Offshore sections of 27 South Pars phases fully developed in 2020
SHANA – Iranian Minister of Petroleum Bijan Zangeneh said that the offshore sections of 27 South Pars phases would be fully developed…