Hamedan signs cooperation MoUs with Iraq’s KRG
IRNA – Iran’s Hamedan province signed four trade cooperation agreements in the field of bag, shoes and leather production and one collaboration…
Economy
Iran’s IKIA launches domestic flights amid plans to boost capacity
Press TV – A first domestic flight is to be launched from the Imam Khomeini International Airport (IKA), the largest in Iran…
SZOGPC self-sufficient in manufacturing, repairing oil industry equipment
Tehran Times – South Zagros Oil and Gas Production Company, a subsidiary of the National Iranian Oil Company, has manufactured or repaired…
Substantial rise in permits issued for building homes in Iran
Financial Tribune – The Statistical Center of Iran has published its latest figures on the number of building permits issued in the…
Mianeh-Tabriz railway to be inaugurated within next two months
MNA – Vice President and Head of Plan and Budget Organization Mohammad-Baqer Nobakht made the remarks on Thu. on the sidelines of…
Iran Blockchain Community criticizes high power tariffs
Financial Tribune – head of Iran Blockchain Community says imposing high tariffs on electricity consumption by cryptocurrency mining is actually pushing miners…
Agricultural products account for 15 percent of Iran’s exports
IRNA – Agricultural products constitute some 15 percent of Iran’s exports to over 60 countries. Director General of the Exports Coordination Office…
Crude output up at Iran’s north Yaran joint oilfield
Financial Tribune – T he second electric submersible pump installed in a well in the North Yaran Oilfield in southern Khuzestan Province…
Iran will be able to export oil avoiding Strait of Hormuz starting in 2021 – Reports
Sputnik – Iran will begin exporting oil south along its Persian Gulf coast toward the Strait of Hormuz as soon as it…
US-China trade war and Iranian oil: Market disruptions ahead?
Geopolitical Monitor | Tanmay Kadam: The escalating trade war between U.S. and China has given rise to the prospect of two possible…
Iran, Russia to boost banking coop.
MNA –Russian Ambassador to Iran Levan Dzhagaryan said banking cooperation between Iran and Russia will increase in near future. He made the…
250 new nanotech products to hit market by March 2020: official
Tehran Times – Some 250 new nanotech products will be introduced to the domestic market by the end of the current Iranian…
Iran to enforce green tax
Financial Tribune – Tax will be levied on products that cause environmental damage in their manufacture or use, an official with the…
Exports from Dogharoon Customs up 20% over past four months
IRNA – Nearly a billion ton of Iranian goods were exported to Afghanistan from Dogharoun Customs in northeastern Iran during the past…
Iran, self-sufficient in producing wheat
IRNA – Iran has produced some 14.5 million tons of wheat in the current agricultural year which is more than its domestic…
Iranian job market analysis: How long employees stay in their jobs?
Financial Tribune – Of the 23.8 million people employed in Iran in the last fiscal year (ended March 20, 2019), 12.9 million…
Tehran, Ashgabat discuss expansion of trade ties
Tehran Times – Head of Iran Chamber of Commerce Industries, Mines and Agriculture (ICCIMA) held talks with Turkmenistan’s Minister of Trade and…
Iran’s knowledge based firms to manufacture 14 meteorological equipment
MNA – Head of Strategic Technology Development Center Esmaiel Ghaderifar said that Iranian knowledge based firms are going to manufacture 14 meteorological…
Iran’s daily gasoline output exceeds 100m liters
Tehran Times – Gasoline production in Iran has exceeded 100 million liters per day, according to the chairman of the Association of…
Iran, India trade volume exchange to increase $30bn: official
MNA – Based on planned perspectives trade volume exchange between Islamic Republic of Iran and India must increase up to $30 billion.…
2mn barrels of light crude at today’s energy exchange
MNA – National Iranian Oil Company will offer light crude oil at today’s session of Iran Energy Exchange (IRENEX). According to NIOC,…
US after increasing oil price to $200: lawmaker
MNA – An Iranian lawmaker believes that the United States is trying to sow insecurity in the Persian Gulf region to increase…
Border traffic on the rise between Iran, Azerbaijan
Tehran Times – Traffic of passengers between Iran and Azerbaijan at Bileh Savar border crossing has increased by 23 percent in the…
Iran, Nicaragua sign $10m deal to export pharmaceuticals to Central American country
IRNA – Iran is ready to export pharmaceuticals to Nicaragua and share its professional expertise in medicine production and maintenance with the…
Iran iron ore exports at 17m tons orth $840m last year
Financial Tribune – A total of 17 million tons of iron ore were exported from Iran in the last fiscal year (March…
Iran’s daily gas output hits 810mcm
Tehran Times – National Iranian Gas Company (NIGC) Dispatching Director Mehdi Jamshidi Dana, said the country’s daily gas production has reached 810…
Iran, Tajikistan committed to remove barriers to develop bilateral ties
IRNA – Iran says barriers on path of development of bilateral ties between Iran and Tajikistan should be removed in a bid…
Iranian SMEs’ exports hit $4b
Financial Tribune – Iranian small- and medium-sized enterprises exported goods worth $4 billion during the last Iranian year (March 2018-19), according to…
Flare gas waste to be zeroed in major Iranian oil fields by 2022
Tehran Times – Head of National Iranian South Oil Company (NISOC) said that the country’s southern oil fields will stop wasting flare…
Iran poised to strengthen trade, production exchanges with Caspian Sea littoral states
MNA – Deputy Minister of Industry and Chief Executive of Industrial Development and Renovation Organization of Iran (IDRO) Mohammad-Baqer Aali said on…
Tariff discounts help cut power consumption
Financial Tribune – Although peak electricity demand hour growth soared by 5% on average between 2008 and 2018, the figure has barely…
Auto part makers calling for Industry Ministry’s new policies
Tehran Times – Domestic auto part manufacturers want Industry Ministry to make new policies that facilitate their activities, the secretary of Iranian…
Shaparak plans new mobile payment network
Financia Tribune – A new generation of mobile payment network will be unveiled soon, said an official with the local payment settlement…
Iran’s non-oil trade surplus with VISTA reaches $420 million
Financial Tribune – Iran traded 10.81 million tons of non-oil commodities worth $6.33 billion with the VISTA group of countries in the…
5% decline in Iran airport traffic
Financia Tribune – Iran Airports Company registered 34,065 takeoffs and landings during the fourth month of the current Iranian year (June 22-July…
Karoun Power Plant to supply sustainable electricity to PEDEC
Tehran Times – Iran’s Petroleum Engineering and Development Company (PEDEC) plans to connect Yadavaran Oilfield to West Karun Power plant, a measure…
Iranian delegation visits Iraq to discuss joint railway project
MNA – An Iranian delegation has visited Iraq to hold talks on the Shalamcheh-Basra railway and to visit the sites where the…
‘No problem in clearing cargoes at Iranian ports’
Tehran Times – A deputy with the Islamic Republic of Iran Customs Administration (IRICA) said there is no particular problem in clearing…
West tries to bring Iran’s pharmaceutical exports to zero: Iranian official
MNA – The chairman of the Iranian Pharmaceutical Industries Syndicate says that the foreign sanctions are targeting all of Iran’s Pharmaceutical exports.…
Iran to cut budget dependency on oil revenues to zero: Nobakht
MNA – Head of the Plan and Budget Organization Mohammad-Bagher Nobakht said Sun. that the new reforms in the structure of the…