TEHRAN (Iran News) – The CEO of the Bandar Abbas Gas Condensate Refinery (also called the Persian Gulf Star Refinery-PGSR) said the facility currently supplies an average of 17 to 20 million liters per day of Euro-5 diesel fuel. Mohammad Ali Dadvar said the plant is now processing 450,000 barrels of gas condensate, adding the […]

TEHRAN (Iran News) – A budget of 100 trillion rials (nearly $2.3 billion) will be allocated to Iran school renovation projects across the country while constructing new educational places, Education Minister Mohsen Haji Mirzaei has stated. The budget is partially paid by the Ministry of Education and the benefactors by the end of this year […]

TEHRAN (Iran News) – A total of 10,000 new taxis will be added to the Iran public transport fleet by the end of the current Iranian calendar year (March 2020), Mohsen Pourseyyed Aqaei, deputy mayor of Tehran for traffic and transport affairs, has announced. A scheme on the renovation of clunker taxis started in the […]

TEHRAN (Iran News) – The Expediency Council’s Public Relations has rejected the Tuesday remarks of Vice President Es’haq Jahangiri on FATF bills, saying the council will mull over the bills regardless of all the pressure. The council will consider national interests when examining the bills, the body said in a statement on Wednesday, IRNA reported. […]

TEHRAN (Iran News) – First Vice President Es’haq Jahangiri on Tuesday called on Iran’s top legislative arbitration body to ratify FATF and CFT bills that deal with fighting money laundering and terrorism funding. “Given the ratification of FATF and the CFT at a meeting of the heads of the three branches of power and the […]

TEHRAN (Iran News) – Stating that collecting tax must be done with transparency, President Rouhani said, “In a transparent process, people must know what portions of their taxes are being spent on services and the country’s development.” Speaking on Tuesday at the meeting of reviewing tax policies, President Hassan Rouhani said, “Promoting the culture of […]

TEHRAN (Iran News) – Iran’s domestic Forex Management Integrated System, locally known as NIMA supplies over €20 billion for imports of goods and services since it was launched in April 2018 up to October 20, 2019. NIMA, which seeks to boost transparency, create competitiveness among exchange shops and a secure environment for traders, is a […]

TEHRAN (Iran News) – Iranian Oil Minister Bijan Zangeneh said the country’s petrochemical exports were at a satisfactory state. According to ICANA, Zangeneh said that over 95% of petrochemical companies could cash their exports in. The official said that exports of petrochemicals and receiving their money was at a satisfactory state in Iran, adding as […]

TEHRAN (Iran News) – The Islamic Revolution Guards Corps (IRGC) Navy saved more than 350 Iranian fishermen from a violent storm in the Persian Gulf waters. The IRGC Navy said in a statement that its commandoes serving at the Aba Abdallah al-Hussein rapid reaction brigade saved the lives of more than 350 local fishermen in a […]

TEHRAN (Iran News) – Iran has devised the fourth step in reducing commitments to the 2015 nuclear deal, the Foreign Ministry spokesman said, warning the remaining parties to the JCPOA that Tehran will definitely take the step if they fail to fulfill their undertakings. Speaking to reporters at a Monday press conference in Tehran, Abbas […]