Iran: Presales sidestepping vehicle standard regulations, deadline
Financial Tribune – Despite the Iranian government’s promise to halt the production of substandard cars in a few months, recent moves indicate…
Economy
NIOC inks research deal with local universities
SHANA – The National Iranian Oil Company (NIOC) has signed two contracts with Sahand and Tabriz universities of technology on geological studies…
Iran’s southeastern port open for regional trade
Press TV – Iran’s new Shahid Beheshti Port in Chabahar has been transiting goods between regional countries for more than a year…
Trade with neighboring countries; Iran’s priority
IRNA – Minister of Industry, Mine and Trade Reza Rahmani said on Sunday that the overall policy and priority of Iran’s foreign…
Iran’s weekly sale of petchems in local bourse exceeds $200 mln
Press TV – Iran’s sale of petrochemical products in a local energy exchange has exceeded $200 million in one week as the…
US reinstates sanctions on Fordow nuclear facility in Iran
TASS – The United States is reinstating its unilateral restrictions on the Iranian uranium enrichment facility in Fordow on December 15. All…
Petropars to develop Farzad B gas field
SHANA – Iranian Minister of Petroleum Bijan Zangeneh said the Iranian oil company Patropars was awarded the engineering, exploration and basic design…
Germany’s Siemens helping Iran launch 5 GW of modern power plants
Press TV – Germany’s engineering giant Siemens is backing Iran in plans to launch power plants relying on modern gas turbines that…
Iran steel production tops 30m tons
Financial Tribune – Iranian steelmakers produced 30.98 million tons of semis and finished steel products during the first eight months of the…
RIPI saves Iran $200m by localizing technical items
SHANA – The Research Institute of Petroleum Industry (RIPI) head said the institute had saved the country 200 million dollars by supporting…
Russian delegation visits Mazandaran
Financial Tribune – An economic delegation from Russia’s Samara Oblast concluded a visit to Iran’s Mazandaran Province on Wednesday. The Russian delegation…
NISOC displays list of needed items for domestic manufacturing
SHANA — The National Iranian South Oil Company (NISOC) has provided a list of 7,500 items to be developed by local manufacturers.…
Iran thermal power efficiency and output improving
Financial Tribune – The average efficiency of thermal power plants has reached 38.1% compared to the global average that is 37%, head…
IRICA pres.: Trade balance at -$1.3bn in eight months
MNA – The President of the Islamic Republic of Iran Customs Administration (IRICA) Mehdi Mir-Ashrafi put the trade balance of the country…
Tehran stock market posts higher returns
Financial Tribune – A report reviewing the performance of different markets during the first seven months of current fiscal year (March-21-October.22) shows…
Kuwait opposes sanctions against Iran
MNA – Pointing out Kuwait is not eager to see Iran under siege, the Permanent Representative of Kuwait to the United Nation…
Iran demands $6 billion oil payment from South Korea: Chosun
Bloomberg – Iran’s Foreign Ministry called in the South Korean ambassador last month to demand payment of 7 trillion won ($6 billion)…
US sanctions on Iran violate international law: Mahathir
Reuters – The American sanctions imposed on Iran violate the United Nations charter and international law, Malaysian Prime Minister Mahathir Mohamad told…
New US sanctions not to affect Iran’s airlines: CAO
Tasnim – Spokesman for Iran’s Civil Aviation Organization (CAO) Reza Jafarzadeh shrugged off a recent move by the US government to impose…
US acquits two Iranian scientists for sanctions violations
MNA – Just a few days after the release of the detained Iranian scientist Massoud Soleimani, the United States acquitted two other…
Iran inventing new mechanisms to circumvent US oil sanctions: Official
Press TV – A senior Iranian official has said that the government has come up with new initiatives to circumvent the oil…
New sanctions to ban humanitarian trade with Iran: US Treasury
Press TV – The US Treasury Department has stressed that Washington’s newly announced sanctions targeting Iran’s air and maritime transport industries will…
Central Bank of Iran steps in to support rial
Financial Tribune – The rial regained some lost territory against the US dollar on Wednesday after the Central Bank of Iran intervened…
8-month output of Tondgouyan petchem plant up 23% Y/Y
SHANA – The output of Tondgouyan Petrochemical Plant has broken a new record in the first 8.5 months of the current calendar…
Tehran congress spotlights anti-corruption campaign
Financial Tribune – Tehran Chamber of Commerce, Industries, Mines and Agriculture hosted the Fifth Anti-Corruption Congress in Tehran on Monday. December 9…
South Pars gas condensate storage capacity at 2.5 mb
SHANA – The gas condensate storage capacity of South Pars Gas Field has reached 2.5 million barrels now that a new storage…
US turns up pressure on Iran with sanctions on transportation firms
The New York Times | Edward Wong: Secretary of State Mike Pompeo announced Wednesday that the United States plans to impose new…
How foreign football coaches in Iran are collateral damage to US sanctions
Euronews | Lillo Montalto Monella: Hundreds of Iranians took to the streets of Tehran on Monday but unlike recent protests decrying a…
Indonesia eyeing more trade exchanges with Iran
FNA – Indonesian Ambassador to Tehran Octavino Alimudin voiced his country’s willingness on Thursday to increase trade and economic exchanges with Iran,…
Russian contractor starts work at power plant south of Iran: Official
Press TV – Iranian officials say a Russian contractor is taking over at a major power plant south of the country which…
Khatam-al Anbiya construction HQ nullified impact of enemies’ sanctions against Iran
MNA – Commander of the Islamic Revolutionary Guards Corps (IRGC) Aerospace Force Brigadier General Amir Ali Hajizadeh said that with the major…
US imposes new sanctions on Iran airline over proliferation
Reuters – The United States on Wednesday imposed new sanctions on Iran’s biggest airline and its shipping network, accusing them of transporting…
Swiss humanitarian channel to Iran seen within months – Swiss, US officials
Reuters – A humanitarian channel to bring food and medicine to Iran could be up and running within months, senior Swiss and…
Low-pressure gas collection project launched in Doroud III
SHANA – A project was launched to transfer to Khark Petrochemical Company low-pressure gases collected in Doroud III. According to the Iranian…
Iran’s CB enhances anti-money laundering rules
Financial Tribune – In line with provisions of anti-money laundering guidelines, the Central Bank of Iran has further tightened rules for daily…
Iran, Tajikistan stress boosting economic ties
MNA – Minister of Finance of the Republic of Tajikistan Qahhorzoda Faiziddin Sattor stressed the expansion of economic cooperation with Iran. He…
Iran’s free zones can become trade hubs for Eurasian states
FNA – Secretary of Iran’s High Council of Free and Special Economic Zones Morteza Bank said Aras and Caspian free trade zones…
Iran industrial investments on the decline
Financial Tribune – The highest volume of investments in projects with establishment permits and operating licenses were made in those related to…
Iran’s non-oil foreign trade falls 7.8 percent to $55 billion
Financial Tribune – Iran’s non-oil foreign trade (excluding crude oil, mazut, kerosene and exports via suitcase trade) during the first eight months…
Noori petchem plant yields 2.9 mt of output since March
SHANA – Iran’s Noori Petrochemical Plant produced a total of 2.9 million tons of petrochemicals in the first 8.5 months of the…