Greenhouse farming being developed in Bushehr province
As announced by a provincial official, cultivation in greenhouses is being developed in Bushehr province, in the southwest of Iran.
Cryptocurrency mining using household electricity to face heavy fines
Iranian Energy Ministry’s spokesman for the electricity sector said that those cryptocurrency miners, who use household electricity, will have to pay a heavy fine if identified.
Eastern fields produce 16 bcm of gas in a year
Managing Director of Iran’s East oil and Gas Production Company (EOGC) has announced the production of 16 billion cubic meters (bcm) of natural gas - 43 million cubic meters per day (mcm/d) - in the previous Iranian calendar year (ended on March 20).
Energy Ministry taking serious measures to manage water resources
Iranian Energy Minister Reza Ardakanian has said his ministry is taking serious measures for reforming the country’s water structure and for managing water resources, IRNA reported.
Iran preparing for a strong comeback to oil market
Iran is gradually boosting crude oil production to get ready for a strong comeback into the global market as the talks with world powers over the 2015 nuclear deal show signs of progress.
Efforts Underway for Launching Iran-Singapore Trade Office
Head of the Iran-Singapore Joint Commercial Committee says in the past years the trade balance between Iran and Singapore has been mostly in favor of Singapore and in this period, Iran’s exports to Singapore have been limited to the limited amount of the non-oil items of dried-fruits, pistachio, dates and fig.
Iran, Armenia Trade Volume to Hit Over $1b
Chairman of Iran-Armenia joint chamber of commerce Hervik Yarijanian said that once free trade zones are established at joint borders, the volume of mutual trade will reach over $1b.
Subsidy reform plan allocates $7.6b to support domestic production
Managing Director of Iranian Organization of Targeted Subsidies has said that 320 trillion rials (about $7.61 billion) of the revenues earned from the government’s subsidy reform plan has been allocated for supporting domestic production in the current Iranian calendar year (started on March 21).
Cryptocurrency issues discussed at ICCIMA meeting
The Macroeconomic Committee of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) hosted a meeting on Saturday to discuss the issues related to the exchange of cryptocurrencies in the country.
Development projects worth $1.47b inaugurated in free trade, special economic zones
President Hassan Rouhani on Thursday inaugurated numerous projects valued at 62 trillion rials (about $1.47 billion) in the free trade and special economic zones of five different provinces across the country in an online event.