Securities atop stock market sectors
Financial Tribune – Financial securities topped the stock market sectors in terms of trade value in the month to October 22, according…
Economy
Iran: CNG consumption jumps
Financial Tribune – Following the government last week to raise gasoline prices by 200%, compressed natural gas consumption has risen by 2…
Iran asks Russia to provide $2 billion loan for power plants, railroads: Russian energy minister
Reuters – Iran has asked Russia to provide an additional $2 billion loan for projects including the construction of thermal power plants,…
US threatens more sanctions to provoke unrest in Iran
Press TV – US Secretary of State Mike Pompeo has threatened to impose even more sanctions on Iran over the country’s handling…
Iran’s ICT minister reacts to new US sanctions imposed on him
MNA – Iranian Information and Communications Technology Minister Mohammad Javad Azari Jahromi said he is not the first person to be designated…
Greece eager to boost agricultural ties with Iran
IRNA – Greek Agriculture Minister Makis Wedides described his country’s ties with Iran as excellent, saying that Greece is keen on boosting…
Remaining platforms of SP phase 13 to be installed by March 2020
SHANA — The operator of phase 13 of the supergiant South Pars gas field said the remaining two platforms of the offshore…
Iran exporting tomatoes to Pakistan at price of over $1 per kilo
MNA – The head of the Iranian National Union of Agricultural Products said that tomatoes have been exported to Pakistan over the…
Iran, Armenia sign document on electronic information exchange system
IRNA – Iranian and Armenian customs officials signed a document on the technical requirements of the advanced electronic information exchange system. The…
Forex reserves in stable conditions, CBI governor says
IRNA – Governor of Central Bank of Iran Abdul Nasser Hemmati stated that Iran is in a good place with regard to…
N. Korea set to name new ambassador to Iran as two seek to expand economic ties
NK NEWS | Colin Zwirko: North Korea is expected to name a new ambassador to Iran after the post was vacated in…
Iran’s energy minister in Moscow to discuss issues of mutual interest with Russian officials
IRNA – Iran’s Minister of Energy Reza Ardakanian arrived in Moscow on Thursday as the head of a delegation to meet with…
CNPC unit seeks major stake in newly-found Namavaran oilfield: Report
Press TV – Iran is set to announce that an operating unit of the China National Petroleum Corporation (CNPC) will be the…
Arvand petchem plant gets 70% of catalysts from local suppliers
SHANA – The CEO of Arvand Petrochemical Plant said the company supplied 70% of its need for catalysts from domestic producers. According…
Dollar down in Tehran
Financial Tribune – The US dollar declined by 1.45% on Tuesday in Tehran ands was worth 119,990 rials. On Saturday the greenback…
US sanctions against Iran affect Russia as well, says expert
TASS – Senior Researcher at the Russian Academy of Sciences’ Institute of Oriental Studies Boris Dolgov added that a lot depends on…
Iran minister due in Russia to ‘operationalize’ $5billion loan
Press TV- Iran’s Energy Minister Reza Ardekanian says he will head to Moscow on Thursday to “operationalize” a $5 billion credit line…
Russia, France criticize US for ending Fordow sanctions waiver
Press TV – Russia and France have expressed dismay at a recent US decision to cancel a sanctions waiver related to Iran’s…
Deputy agri. min. calls for validating PTA between Iran, EAEU
MNA – Deputy Minister of Agriculture Ali Akbar Mehrfard called for the validation of Preferential Trade Agreement (PTA) inked between Islamic Republic…
China ready to invest in Iran’s efficiency projects
IRNA – Chairman of Tehran Chamber of Commerce Masoud Khansari said on Tuesday after a visit to Beijing that Chinese international chamber…
Iran, Turkey targeting for $30bn in trade transactions: official
MNA – Islamic Republic of Iran and Turkey are poised to reach $30 billion worth of trade transactions between the two sides.…
Iran’s saffron in vital need of a brand name: official
MNA – The Chief Executive of Iran Agriculture Cooperatives Trading Company Amin Shalchian said that Iranian saffron is in a vital need…
Decline in Iran’s H1 industrial investments
Financial Tribune – More than 1.37 quadrillion rials ($11.09 billion) worth of investments are estimated to have been made in industrial units,…
Iran begins payments to 60 million as petrol price protests continue
The Guardian | Patrick Wintour: Government claims it is switching subsidies from petrol consumption to households Iran’s government has begun rushing out…
Iran paying first round of cash handouts after fuel price hikes
Press TV – The Iranian government is to pay a first batch of inclusive cash handouts after a hike in the price…
US to end sanctions waiver for Iran’s Fordow nuclear plant: Pompeo
Press TV – The US Secretary of State says Washington will end the sanctions wavier related to Iran’s Fordow nuclear facility in…
Gov’t proposes renewable energy for crypto mining
Financial Tribune – Ministry of Energy has recently called authorized crypto miners to set up their own renewable energy at farm levels,…
Currency rates on upward trajectory
Financial Tribune – The foreign exchange market in Tehran was in turmoil on Saturday amid investors’ pessimism over the prospect of another…
111 energy projects to be inaugurated by May. 2021: energy min.
MNA – Iranian Energy Minister Reza Ardakanian announced on Monday that by the end of the incumbent administration (May, 2021), some 111…
Iran agriculture minister urges removal of tariffs on chicken export
Press TV – Iran’s minister of agriculture says a 40-percent tariff on export of chicken should be removed as farmers face an…
Import of products shrink 5% in seven months
MNA – Statistics showed that import of products decreased five percent in the seven months of the current year (from March 21…
IGTC fully ready for gas supply in winter
SHANA – The Iranian Gas Transmission Company (IGTC) CEO said his company was fully prepared to ensure sustainable gas flow throughout the…
Last South Pars phase 22-24 platform installed
SHANA – Platform 24B of phases 22 to 24 of the massive South Pars gas field was successfully installed in the Persian…
Iran to enjoy 6.2% share in global petchem production
SHANA – The CEO of the National Petrochemical Company (NPC) said that the Iranian petrochemical industry had been planned to account for…
Oil ministry inks 26 major research-based deals with universities
Tehran Times – Iranian deputy oil minister for engineering, research and technology affairs said the ministry has signed 26 major deals with…
Petchem production, exports continuing as planned: CEO
SHANA – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said that production and export of petrochemicals were continuing as…
Iran parliament may revise gasoline price hike: MP
Press TV – Members of the Iranian parliament, known as Majlis, have protested a government decision to increase the price of gasoline…
Industrial PMI improves
Financial Tribune – Purchasing Managers’ Index for the seventh month of the current fiscal year (Sept. 23-Oct. 22) settled at 50.97 from…
NIOC to offer 6mb of crude oil, gas condensate at IRENEX
SHANA — The National Iranian Oil Company (NIOC) has planned to put for sale 6 million barrels of crude oil and gas…
Forex at three-month high
Financial Tribune – Currency rates in Tehran’s market have been rising since last week after more than three months of relative calm.…