Gasoline consumption droped millions of litres, oil ministry says
TEHRAN (Iran News) – Oil Ministry announced on Tuesday that after the implementation of gasoline rationing scheme, consumption droped by 19 million liters per day in Iran. In a time span from November 15 to 24, Iranians consumed 79 million liters of gasoline daily, while their consumption stood at 98 million liters per day from […]
Iran’s Non-Oil Exports to Rise 100%
TEHRAN (Iran News) – Iranian Vice-President and Head of the Management and Planning Organization (MPO) Mohammad Baqer Nobakht said that Iran’s after accomplishing an objective of increasing non-oil exports to 15 neighboring countries by two-fold to counter the US bans on its oil sale. Nobakht said on Monday that non-oil exports to 15 neighboring and […]
Syria’s reconstruction with help of Iranians
TEHRAN (Iran News) – Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholamhossein Shafei revealed the details of a new agreement between Iran and Syria under which Iranian companies will construct 30,000 homes for Syrians and help Syria’s reconstruction. He made the remarks on Tue. in Iran-Syria Business Forum and stated, “Iran […]
Iranian SMEs Exports Rise by 50%
TEHRAN (Iran News) – Iranian SMEs exports worth 1.50 billions in the first seven months of the current local calendar year (March 21- October 22), which shows about 50% increase in comparison with figures from the last year. Deputy Managing Director of Iran’s Small Industries and Industrial Parks Organization (ISIPO) Asqar Masaheb said on Monday […]
Joseph Stiglitz: It’s time to put metrics away like GDP
TEHRAN (Iran News) – Joseph Stiglitz, the noble prize winner in economics said another word about new changes of worldly life. The world is facing three existential crises: A climate crisis, an inequality crisis and a crisis in democracy. Will we be able to prosper within our planetary boundaries? Can a modern economy deliver shared […]
Investment in Iran open for industrial economies
TEHRAN (Iran News) – Study of statistics of the Ministry of Industry, Mine and Trade in the first six months of the current year (from March 21 to Sept. 22) indicated that developed countries [including Germany, China, Russia and the Netherlands] welcomed making investment in Iran industrial sector. According to the licenses issued in foreign […]
Italian Companies Share in Iran’s Market Will Boost
TEHRAN (Iran News) – Italian Ambassador to Iran Giuseppe Perrone, in a meeting with Chairman of Tehran’s Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Masoud Khansari, said that Italian firms and companies are enthusiastic to have a bigger share in Iran’s market. Two sides are interested in developing bilateral relations, Perrone said during his […]
Major Money Laundering Network in Golestan Busted
TEHRAN (Iran News) – Iranian security forces have managed to apprehend members of a major criminal network that has been earning huge profits by tax evasion and money laundering, the head of the Judiciary in the northern province of Golestan said. Speaking to reporters in Gorgan, the provincial capital, on Sunday, Hadi Hashemian said the […]
Exchange rate for importing basics remains unchanged
TEHRAN (Iran News) – Head of Plan and Budget Organization of Iran said Sunday that Iran’s budget for the next fiscal year still defines the exchange rate for importing basics remains at 4200 tomans to $1. Mohammad Bagher Nobakht said the draft of the country’s budget for the next fiscal year was submitted to the […]
Iranian President to Inaugurate New Railroad Project Monday
Iranian President Hassan Rouhani will inaugurate a new railroad connecting the northwestern cities of Mianeh and Bostan Abad, which will shorten the International North-South Transport Corridor (INSTC).