Russia’s $5 billion loan will be used for major projects
TEHRAN (Iran News) – Iran’s Minister of Energy Reza Ardakanian is to travel to Moscow to operationalize Russia’s $5 billion loan for constructing two major projects in Iran. Announcing on Wednesday, Ardakanian the head of Iran-Russia joint economic cooperation commission is to travel to Moscow to operationalize Russia’s $5 billion loan which was agreed to be […]
Mehdi Clinic be operational by 2020
TEHRAN (Iran News) – Head of Tehran’s Imam Khomeini (RA) Hospital Complex Khosro Sadeghniyyat said that the most equipped public hospital of the country, Mehdi Clinic, will be launched by the end of next year (to start March 21, 2020). He made the remarks on Wed. in an interview with IRNA and added, “with its […]
Iran Mineral Salts Company export volume up by 20% this year
Chief Executive of Iran Mineral Salts Company Ali Rostami said that export volume of company’s products registered a 20 percent hike in the current year
The Supreme Council of Economic vows to regularly assist the needy after gasoline price hike
The Supreme Council of Economic Coordination said Sat. that the government apparatuses will fully cooperate in implementing fuel consumption management, adding that the needy will be paid monthly on a regular basis.
US Commerce Chief: US, China Trade Talks Still Tough
TEHRAN (Iran News) – Top negotiators from the US and China are seeking to narrow differences on a partial trade agreement, but still have significant differences on key issues, according to US Commerce Chief Wilbur Ross. In an interview on Fox Business Network on Friday, US Commerce Chief said US President Donald Trump had not […]
People voice concern over increase in fuel price
TEHRAN (Iran News) – Car owners in several cities of Iran have taken to the streets to voice their protest in peacefull rallies over a sudden increase in fuel price and strict rationing of the strategic fuel. The National Iranian Oil Products Distribution Company (NIOPDC) said in a statement late Thursday that the price of […]
Smuggled fuel seized in South of Iran
TEHRAN (Iran News) –The police chief of Kerman Province said that 30,000 liters of smuggled fuel have been seized in Rigan County. The Second Brigadier General Abodolreza Nazeri said on Saturday that in continuation of measures to combat fuel smuggling, police forces of Kerman Province have been seized 30,000 liters of smuggled fuel in Rigan […]
Iran starts gasoline rationing , raises fuel prices
The Iranian government started on Friday rationing of subsidized gasoline and increased fuel prices as it plans to use the revenue for supporting underprivileged families.
Infrastructural Developments despite US Sanctions, Iran VP Praises
TEHRAN (Iran News)- Iranian First Vice-President Eshaq Jahangiri praised the country’s achievements and infrastructural developments despite US sanctions and pressures. The Iranian government, addressing infrastructural developments despite US sanctions and pressures, materialize economic development, Jahangiri said on Thursday, noticed the inauguration ceremony of a hospital in Miandoab in the Northwestern Iranian province of West Azarbaijan. […]
IRENEX Ready to Trade 6 Million Barrels of Oil
TEHRAN (Iran News) – The National Iranian Oil Company (NIOC) says IRENEX ready for three big trades involving six million barrels of oil and condensates in a local bourse next week. A Wednesday statement on the NIOC website said that the trades at Iran Energy Exchange (IRENEX) are planned for three consecutive days beginning on […]