TEHRAN (Iran News) – Minister of Economic Affairs and Finance (MEAF) Farhad Dejpasand said that Iran Foreign Direct Investment, FDI, registered a 20 percent growth in the first seven months of the current Iranian calendar year (started March 21), showing growth as compared to the last year’s corresponding period. He made the remarks on Mon. […]

TEHRAN (Iran News) – Head of energy commission of Tehran Chamber of Commerce predicted on Monday that, in case the government provides 65 trillion rials (about $500 million) of grants for converting cars into bi-fuel ones – running on both gasoline and CNG – Iran would be able to save 40 million liters of gasoline […]

TEHRAN (Iran News) – Iranian Energy Minister Reza Ardakanian announced that his country will continue electricity export to Iraq by renewing earlier contracts. “Iran has signed a 3-year-long cooperation agreement with Iraq to help the country’s power industry in different aspects. The documents state at its end that we will export electricity to Iraq as […]

TEHRAN (Iran News) – The Iranian Central Organization for Rural Cooperatives (CORC) plans to adopt new measures of farming systems to optimize the use of natural resources in the drought-hit province of Sistan and Balouchestan in southeastern Iran, Deputy Minister of Agricultural Jihad Hossein Shirzad said. Shirzad, who is also the chief executive officer of […]

TEHRAN (Iran News) – The CEO of the National Petrochemical Company, NPC Co., said that the company has launched an initiative to orchestrate petrochemical projects in the industry. In a meeting with the projects department of National Petrochemical Company on Sunday, Behzad Mohammadi said that since last year, NPC had sought to ensure the construction […]

TEHRAN (Iran News) – Chief Executive of Iran Water & Power Resources Development Company Behrouz Moradi said that the Islamic Republic will complete the construction of ‘Esteghlal’ Tunnel in Tajikistan. He made the remarks on Monday while pointing to the agreement made between Tajikistan’s minister of energy and water resources and the Iranian minister of […]

TEHRAN (Iran News) – A new report shows that China, Iraq, and the United Arab Emirates (UAE) are respectively the top trade destinations of Iran exports in the first seven months of the current Iranian calendar year (March 21-October 22). The Tehran Chamber of Commerce, Industries, Mines and Agriculture released the statistics for the first […]

TEHRAN (Iran News) – The value of Iran’s annual seafood exports will reach $600 million by March 2020, indicating a 20-percent growth year-on-year, said the secretary-general of Aquatics’ Production and Trade Union of Iran. Ali-Akbar Khodaei added the figure marks a record in Iran’s annual seafood exports. According to statistics by Iran Fisheries Organization, he […]

TEHRAN (Iran News) – The head of Iran’s Organ Transplant Management Center said the “cruel” sanctions imposed by the US against the Islamic Republic have negatively affected rare disease patients. Speaking at a meeting with high-ranking Spanish health officials in Madrid, Mehdi Shadnoush presented a report on the situation of patients with rare diseases in […]

TEHRAN (Iran News) – A senior energy official announced that Iran’s gasoline export, for now, includes some 25 million to 30 million liters per day as a result of the implementation of the gasoline rationing scheme that recently came back into force. Spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters’ Union Hamid Hosseini […]