‘Iran capable of exporting $25b of technical, engineering services’
Tehran Times – Iran has the potential and capability to export technical and engineering services worth $25 billion in a year, a…
Economy
China continued Iran oil imports in July in teeth of US sanctions: analysts
Reuters – China imported Iranian crude oil in July for the second month since a U.S. sanctions waiver ended, according to research…
Tehran-Ankara train route resumes operation
MNA – Iran and Turkey have launched the first direct train route between their capitals Tehran and Ankara after a four-year halt.…
217 water, electricity projects to come on stream by yearend
MNA – Iranian Minister of Energy Reza Ardakanian said that a number of 217 water and electricity projects will be put into…
Iran to resume building its longest cross-sea bridge
Press TV – Minister of Roads and Urban Development Mohammad Eslami says Iran plans to resume the construction of its longest cross-sea…
Big boost for South Pars infrastructure
Financial Tribune – To boost production in the giant South Pars Gas Field in the Persian Gulf, stability of the gas grid…
Steel import, export down as production, consumption rise
Financial Tribune – An estimated 2.2 million tons of finished and semi-finished steel products were exported from Iran in the first three…
Iran’s industrial landscape evolving
Financial Tribune – Approximately 392 trillion rials ($3.28 billion) worth of investments are planned in industrial units for which establishment permits have…
40 major gas industry projects to be inaugurated by March 2020
Tehran Times – Managing director of National Iranian Gas Company (NIGC) said 40 major projects in the country’s gas industry are due…
Hemmati supports Toman against Rial
Financial Tribune – Governor of the Central Bank of Iran says lopping off four zeros from the national currency will not impose…
Iran, Tajikistan in talks to establish Tehran-Dushanbe direct flight
IRNA – Iran’s Minister of Roads and Urban Development Mohammad Eslami announced the start of negotiations for a launching direct flight between…
Inauguration of integrated forex market deferred due to software problems
MNA – The Governor of the Central Bank of Iran (CBI) said on Wednesday that official inauguration of integrated forex market is…
US decision to end Iran oil waivers hurt India’s bottom line: Envoy
MNA – India’s Ambassador to US said the decision of the United States to stop issuing waivers for the purchase of Iranian…
Iran to give special incentives for foreign investment in industries, mining
MNA – Minister of Industry, Mine and Trade Reza Rahmani voiced Iran’s readiness to give special incentives for participation of foreign investors…
Reasons behind falling Iran’s exports to Iraq
Financial Tribune – Iran’s exports to the neighboring country Iraq have been on the decline since the last Iranian month (June 22-July…
Iranian nanotech company exporting equipment to China
Tehran Times – An Iranian nanotechnology company is exporting nanotech equipment and training packages to China, IRNA reported on Sunday. The company…
Govt. introduces new rules to regulate cryptocurrency market
Tehran Times – Iranian government has introduced new rules for regulation of cryptocurrency market as more people enter the market to access…
Iran’s tourism org. establishes center to reduce impacts of sanctions on industry
MNA – Ali Asghar Mounesan, the head of Iran’s Cultural Heritage, Handcrafts and Tourism Organization, said that a center has been formed…
Iran to launch new reefer ship services to Oman
Financial Tribune – A reefer ship to carry perishable commodities such as fruits will be launched between Iran’s Jask Port in Hormozgan…
Energy networks back to normal operation in earthquake-hit region
Tehran Times – Head of Iranian Energy Ministry’s Crisis Management Office, Meisam Jafarzadeh, said water and electricity networks are back in normal…
Iran’s health minister calls US sanctions crime against humanity
Tehran Times – Iran’s Health Minister Saeed Namaki said on Monday that the U.S. sanctions are “crime against humanity”. “The U.S. administration’s…
Emergency water supply to Kerman in 2 months
Financial Tribune – The project to supply water to Kerman City, in southern Kerman Province, will be completed in two months, the…
Iranian firms expanding economic activities in Azerbaijan
MNA – Iranian companies are expanding their activities in Azerbaijan in such spheres as industry, construction, services, communications, trade, transport and agriculture…
Oil could plunge by $30 If China restores Iranian oil imports
Oil Price | Tsvetana Paraskova: Should China decide to defy the latest U.S. tariff threat by ramping up imports of Iranian crude…
Official inauguration of integrated forex market postponed
MNA – Central Bank of Iran’s forex market will be inaugurated later than the predetermined date i.e. August 12, 2019, an official…
Chinese bank operating tankers to ship Iran oil: Report
PressTV – A report in the financial times says oil tankers operated by China’s Kunlun bank have been helping Iran’s crude exports…
NIOC signs research deals with knowledge-based firms
MNA – The Exploration Department of the National Iranian Oil Company (NIOC) has signed four research contracts with universities and knowledge-based firms.…
Iran domestic apparel industry operating at half capacity
Financial Tribune – The production volume of Iran’s apparel industry is half its nominal capacity, according to Reza Taziki, an official with…
Oil production to remain stable in Persian Gulf: official
MNA – Energy Deputy of Iran’s Passive Defense Organization said that oil production will always remain stable in the Persian Gulf and…
Iran introduces gigantic handwoven carpet
Tehran Times – President Hassan Rouhani on Thursday unveiled a gigantic handwoven carpet during the opening ceremony of an international carpet fair,…
Iran port throughput rises after months of decline
Financial Tribune – More than 49.34 million tons of commodities were loaded and unloaded in Iran’s commercial ports during the first four…
Sistan-Baluchestan quarterly non-oil exports rise 86% yr/yr
Tehran Times – The value of non-oil exports from Iran’s southeastern province of Sistan-Baluchestan jumped 86 percent during the first quarter of…
Council of Ministers approves signing customs agreements with ECO states
MNA – The Council of Ministers in a Sun. session approved the signing of customs agreements between Iran and the Economic Cooperation…
Iran ready to boost ties in health sector with Lebanon: minister
MNA – Iranian Minister of Health and Medical Education Saeed Namaki announced on Monday that Iran is ready to expand ties with…
Iran sets 7-year horizon to become plane parts maker
Press TV – Iranian aerospace companies would become suppliers of spare parts for planes in seven years time, says a senior Iranian…
Iran’s non-oil exports to Europe’s big four rise above $300m
Financial Times – Iran traded 280,514 tons of non-oil commodities worth $311.39 million with the Big Four of Europe in the first…
Banking on private enterprise
Financial Times – Bypassing US economic sanctions is the function of a robust private sector and the banking sector will step in…
Importing cryptocurrency mining equipment bound to industry ministry’s permit
Tehran Times – The Islamic Republic of Iran Customs Administration (IRICA) has announced that clearing cryptocurrency mining systems and equipment requires necessary…
3,000 tons of gasoline exported via Iran energy exchange
Financial Tribune – For the first time in the history of Iran’s oil industry, 3,000 tons of Euro-5 gasoline was sold via…
Iran manages to save 3300MW of electricity in summer peak period
Tehran Times – Iranian Energy Minister Reza Ardakanian said by applying consumption management programs the ministry has managed to reduce the summer…