June 21, 2019

Food industry providing 375,000 job opportunities in Iran

TEHRAN – Iran’s deputy industry minister announced that domestic food industry is providing 375,000 job opportunities across the country, IRNA reported.
June 21, 2019

2-month extraction of lead, zinc at over 129,000 tons

TEHRAN- Some 129,172 tons of lead and zinc were extracted in Iran during the first two months of the current Iranian calendar year (March 21-May 21), IRNA reported.
June 21, 2019

Car output at 121,400 in 2 months

TEHRAN- Iranian carmakers manufactured 121,4000 vehicles during the first two months of the current Iranian calendar year (March 21-May 21), IRNA reported citing the data released by Industry, Mining and Trade Ministry.
June 21, 2019

130km of railways to connect new towns to major cities via electric trains

TEHRAN – Iran’s New Towns Development Company, a subsidiary of the roads and urban development ministry, announced that near 130 kilometers of new railways are going to connect the country’s new towns to the main cities by electric trains, IRIB reporte...
June 21, 2019

Industry ministry unveils directive on re-injection of export income

TEHRAN – Following the Central Bank of Iran (CBI), the ministry of industry, mining and trade has issued a directive package which provides the country’s exporters with guidelines about how they should re-inject their foreign currency incomes into the ...
June 21, 2019

NIOC should focus on petro-refinery projects: Parl. Research Center

TEHRAN – The Research Center of Iran’s parliament said in a report that petro-refineries are two times more profitable than refineries and suggested that National Iranian Oil Company (NIOC)’s new refinery projects be defined as petro-refineries.
June 21, 2019

Iran-Syria good political relations can support mutual trade: official

TEHRAN - Keyvan Kashefi, the chairman of Iran-Syria Joint Chamber of Commerce, said the two countries’ good political relations can help the two sides’ traders to boost economic relations, IRNA reported on Wednesday.
June 21, 2019

‘Establishing exports management companies in border regions a necessity’

TEHRAN – Iranian Industry, Mining and Trade Minister Reza Rahmani said establishing exports management companies in the border regions is a necessity for boosting exports to the neighboring countries, Shata reported on Thursday.
June 21, 2019

MoU to Accelerate Building Petchem Projects

The National Petrochemical Company (NPC) and the Iranian Mines & Mining Industries Development & Renovation (IMIDRO), have signed a memorandum of understanding to facilitate and accelerate construction of petrochemical projects in Phase I of Parsian Energy Intensive Industrial Special Economic Zone (PEIISEZ). The deal was signed on Monday by Behzad Mohammadi (NPC CEO) and Khodada […]
June 20, 2019

Iran Plans Deep Cut in Reliance on Oil Incomes

Iranian Vice President Mohammad Baqer Nobakht said a new scheme to reduce the country’s reliance on oil revenues is expected to restrict the dependence on petrodollars to only 10 percent. Nobakht, who is also head of Iran’s Plan and Budget Organization, said the major scheme to lower the share of oil incomes in the budget […]
June 19, 2019

Industry ministry outlines plans for improving productivity

TEHRAN – Iranian ministry of industry, mining and trade has outlined 35 plans covering seven major areas for developing the country’s industry and mining sectors, on the occasion of the National Day of Industry and Mining which is due on July 1.
June 19, 2019

NIMA supplies over €4.5b for imports of basic goods

TEHRAN- Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €4.564 billion for imports of basic goods since the beginning of current Iranian calendar year (March 21), IRNA reported on Wednesday.
June 19, 2019

China continues buying Iranian LPG despite U.S. sanctions

TEHRAN – China is still importing liquefied petroleum gas (LPG) from Iran after the U.S. imposed sanctions on the country’s oil industry, Bloomberg reported citing the Paris-based energy researcher Kpler SAS.
June 19, 2019

OPEC, non-OPEC agree on holding next meeting on July 1-2

TEHRAN - The Organization of the Petroleum Exporting Countries announced on its website that the organization has agreed to move its next meeting to July 1, followed by a meeting with non-OPEC allies on July 2.
June 19, 2019

U.S. cannot reach goals of Iran’s oil sanctions: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said the U.S. won’t be able to realize the goals it’s pursuing by sanctioning Iran’s oil industry, IRIB reported.
June 19, 2019

Water projects worth $166m being inaugurated in central Iran

TEHRAN – Eight water projects worth seven trillion rials (about $166.6 million) are being inaugurated in Isfahan Province, central Iran, by Energy Minister Reza Ardakanian during a three-day visit started on Wednesday, ILNA reported.
June 19, 2019

‘Iran will proudly pass through sanctions’

TEHRAN- Kaveh Zargaran, the secretary general of the Federation of Iranian Food Association, said the condition created by the sanctions on his country is temporary and Iran will proudly overcome this condition.
June 19, 2019

Copper cathode output rises 35% in 2 months on year

TEHRAN- Production of copper cathode in Iran rose 35 percent during the first two months of the current Iranian calendar year (March 21-May 21) compared to the same period of time in the past year, IRNA reported.
June 19, 2019

Russia’s Energy Minister Urges Closer Ties with Iran

Russian Energy Minister Alexander Novak expressed his country’s determination to promote cooperation with Iran. Addressing a ceremony in Iran’s central city of Isfahan on Monday night, Novak described Russia and Iran as good neighbors and partners, saying the two nations are resolved to continue and enhance mutual cooperation. The Russian energy minister was speaking at […]
June 19, 2019

Iran invites People to turn in Neighbours via Text

From The Independent: Iran regime invites people to turn in neighbours for ‘moral crimes’ via text message Iran is to launch a text-messaging service to allow self-appointed guardians of morality in Tehran to turn in their neighbours or str...