US must end blocking medical, pharmaceutical coop. between countries
MNA – Iranian Ambassador to Paris Bahram Ghasemi called on US administration end blockade of medical and pharmaceutical cooperation between countries. He…
Economy
Iran to export petrol from Persian Gulf refinery
IRNA – Persian Gulf refinery in southern Iran has joined petrol export market selling its product in energy bourse, according to the…
Iran, Iraq to set up joint investment fund
Financial Tribune – Securities and Exchange Organization of Iran and the Iraqi Securities Commission signed a memorandum of understanding to create a…
20 power plants constructed since 12th govt.
MNA – A number of 20 new power plants, with the production capacity of 3146 megawatts, have been constructed since the 12th…
Iran achieves self-sufficiency in overhauling gas turbines
Tehran Times – Managing Director of National Iranian Gas Transmission Company (NIGTC) said the country has become self-sufficient in overhauling the national…
1,100km pipeline to link Jask port to oil terminal in Bushehr
Financial Tribune – Construction of a 1,100km 42-inch diameter pipeline to transfer crude oil to the southeastern port of Jask in Hormozgan…
10,000 tons of gasoline to be offered at IRENEX for 1st time
Tehran Times – National Iranian Oil Products Distribution Company (NIOPDC) will offer 10,000 tons of gasoline produced in Iran’s Persian Gulf Star…
Iranian startups, entrepreneurs helping restore business in flood-hit provinces
Financial Tribune – Iranian startups, with help from tech enthusiasts and entrepreneurs, have launched a campaign to help restore businesses in provinces…
Iranian companies invited to take part in Syria’s reconstruction
Tasnim – Syrian Ambassador to Iran Adnan Hassan Mahmoud invited Iranian companies to attend an upcoming international fair in Syria and learn…
Trump warned EU, Chinese firms may face US sanctions over Iran if nuclear waiver not issued – Report
Sputnik – In May, the US extended key sanctions waivers on Tehran’s civilian nuclear programme for 90 days, a year after Washington…
Govt. agrees to slice four zeros off national currency
MNA – The Iranian government has approved a plan to take four zeros off the national currency in a bid to curb…
Iranian private companies expanding footprint in power production
Financial Tribune – Private companies account for 67% of Iran’s total thermal power output. Iranian firms in the private sector produce at…
Health tourists visiting Iran hit record high in four months
Financial Tribune – A record high of 600,000 health tourists visited Iran during the first four months of the current Iranian year…
Iran-US trade coming to complete halt amid tensions
Financial Tribune – While the US pressures on Iran’s economy has escalated now more than ever by imposing harsh sanctions against the…
Tehran City’s real estate deals down 64.6% in a month on year
Tehran Times – The number of real estate deals in Tehran City fell 64.6 percent in the fourth Iranian calendar month of…
Iran wins first step of legal case against Turkmenistan in gas dispute
MNA – According to an informed source in the Iranian Oil Ministry, Iran has won the first phase of a legal case…
NIDC digs 41 oil, gas wells in 4 months
Tehran Times – National Iranian Drilling Company (NIDC) dug and completed digging operation of 41 oil and gas wells during the first…
India and China cannot rely on US oil as Iran troubles heat up
Nikkei | Vandana Hari: The threat to the Asia’s vital oil supplies from the Middle East has escalated sharply since four oil…
Lawmakers reject bill on bilateral monetary pacts
MNA – Iranian lawmakers have rejected a bill proposed by the government to conclude monetary pacts with other countries to break the…
Foreigners can get 5-year residence permit in Iran for $250,000 investment: Minister
Tasnim – Iranian Interior Minister Abdolreza Rahmani Fazli said foreign nationals who invest 250,000 US dollars in the country will be granted…
Iran enjoys high capacity to export electricity to Iraq
MNA – Managing Director of Gharb (West) Regional Electricity Company Ali Asadi said on Monday that Islamic Republic of Iran has high…
24 percent rise in Iran’s trade with India in 2018
Financial Tribune – Trade between Iran and India stood at about $17 billion in 2018, witnessing an increase of 24% compared to…
New timeline for Tehran-North freeway completion
Financial Tribune – The construction of Section-1 of Tehran-North Freeway has made 95.5% progress and the project is expected to come on…
Iran: Time to go after rogue taxpayers
Financial Tribune – A t a time when the country is grappling with new US sanctions and extraordinary economic challenges, reports speak…
Iranian government authorises cryptocurrency mining amid US sanctions
Sputnik – The Iranian cabinet has allowed tech firms to start mining cryptocurrencies but warned about potential risks, the presidential office said…
Iran ready to export gas to China via IP gas pipeline: Jahangiri
MNA – Iranian first Vice-President Es’hagh Jahangiri said that the country is ready to export gas to China through Iran-Pakistan gas pipeline.…
Oil price shrinks after Iran’s nuclear talks in Vienna
MNA – Oil prices fell on Monday as investors fretted over the outlook for global economic growth, while weekend talks between Iran…
Rouhani to inaugurate 3 major water supply projects in East Azarbaijan
MNA – Iranian President Hassan Rouhani will make a trip to East Azarbaijan this week to inaugurate three major water supply projects…
Iran to increase commercial attachés in region
Tehran Times – Iran’s new deputy industry minister in trade affairs, Hossein Modares Khiabani, said following the government’s policies for increasing the…
Medicine import route still closed due to US sanctions
MNA –The President of Iranian Red Crescent Society (IRCS) said that despite the correspondence with international organizations, the path to the arrival…
CBI to launch Integrated Forex Market by mid-August
MNA – The Central Bank of Iran is planning to launch the Integrated Forex Deals System (Persian acronym for Nima) by mid-August.…
Agriculture min. pays visit to some agro projects in China
MNA – Iranian Agriculture Minister Mahmoud Hojjati visited some successful agricultural projects in China’s Qingdao. The projects included two fish farming ones…
IRENEX to hold 5th round of heavy crude oil offering on Tuesday
Tehran Times – National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX)…
Iran’s budget steers clear of oil money
Financial Tribune – Iran’s 4,480-trillion-rial ($37.64 billion) budget for the current fiscal year (March 2019-20) is based on the sale of 300,000…
UN to pursue case of US medicine, food sanctions against Iran: envoy
MNA – United Nations Human Settlements Program Coordinator and (UNFPA) Resident envoy to Iran Ugochi Daniels said on Saturday that the international…
Oil climbs on Iran tensions, US inventory decline
Reuters – Oil prices edged higher on Thursday supported by rising tensions between the West and Iran and a big decline in…
“Iran Plast” to highlight knowledge-based firms in polymer industry
MNA – Tehran will host the 13th International Exhibition of Iran Plast in September which will lay the ground for introduction of…
Shaparak transactions down 13%
Financial Tribune – The monthly report of Shaparak payments and settlement network indicates 13.3% decline in value of transactions during the third…
Errant exporters repatriate $20b instead $40b
Financial Tribune – July 22 was the end of a deadline set by the Central Bank of Iran for non-oil exporters to…
Iran, Russia to coop. in non-ionizing radiation safety
MNA – Islamic Republic of Iran and Russian Federation will cooperate with each other in the field of safety of non-ionizing radiation.…