IGTF 2018 hosting 43 foreign companies in Tehran
TEHRAN – The third edition of Iran’s international horticulture trade fair also known as Iran Green Trade Fair (IGTF 2018) kicked off at the Tehran Permanent International Fairgrounds on Thursday. Over 100 Iranian exhibitors along with 43 foreign companies from different countries including Germany, Spain, Italy, Japan, the Netherlands, France, China, Azerbaijan, Russia, India, UAE […]
Iran replaces dollar with euro in financial reporting
TEHRAN- The Iranian cabinet on Wednesday ordered all state-run organizations and companies to replace U.S. dollar with euro in reporting their financial statements, IRNA reported. The government also put the central bank in charge of managing and announcing rial-to-euro exchange rate continually. The decision is made as part of the country’s effort to reduce its […]
Iran, Turkey to Boost Cooperation in Combating Illicit Drugs
Iranian Anti-Narcotics Police Chief General Mohammad Massoud Zahedian and his Turkish counterpart, Ibrahim Hakki Seydioglullari, agreed to promote cooperation between the two neighboring countries in various security fields, including the campaign against illicit drugs. Meeting in Ankara, the Iranian and Turkish officials exchanged views about a range of issues, inducing ways to boost relations between Tehran […]
OPCW investigators enter Syrian town of Douma
Syrian sources relayed that investigators of the Organization for the Prohibition of Chemical Weapons (OPCW) entered the Syrian town of Douma, on Tuesday afternoon, to conduct probe on what terrorist claim to be a chemical attack by government. According to Syrian sources, investigators of the Organization for the Prohibition of Chemical Weapons (OPCW) have entered […]
MPs seek dismissal of central bank governor
TEHRAN – A lawmaker announced on Tuesday that 163 members of the parliament in a letter to President Rouhani have called for the dismissal of central bank governor Valiollah Seif. By pointing the fall of the rial, the MPs have said Seif has been unable to control the foreign currency market, Javad Abtahi was quoted […]
Noticeable rise in establishment, exploration, operation permits issuance
TEHRAN – The number of establishment, exploration and operation permits issued during the last Iranian calendar year (March 2017- March 2018) increased significantly compared to its preceding year, the Iranian Ministry of Industry, Mining and Trade’s news portal (Shata) reported on Monday. According to the report, during the mentioned period the figures for establishment, exploration […]
Iranian researchers manufacture crude oil disposal reinjection units
TEHRAN – Researchers at a knowledge-based company in the city of Mashhad designed crude oil disposal reinjection units which improve the quality of crude oil. The company was recognized as the second laureate in research and development section for their research work on crude oil disposal reinjection units at the 31st Khwarizmi International Award, which […]
Iran’s oil export reaches 2.1 mbd in March
Exports volume for Iran’s crude oil stands at two million and one hundred thousand barrels per day (mb/d) in March. The figure is expected to increase in April. China and India are the largest buyers of Iranian crude, with more than one million barrels in total. The figure is expected to reach nearly 1.3 million […]
Iran ships 2.1m bpd of oil to global markets in March
TEHRAN – Iran’s oil customers in Asia and Europe shipped in 2.1 million barrels per day (bpd) of Iranian crude during March, IRNA reported on Monday citing the oil ministry. China and India were top importers of Iranian crude oil in the mentioned period importing over one million bpd together. The oil ministry expects the […]
Transit of goods via Iran up 24% in a year
TEHRAN- Transit of goods through Iran rose 24 percent in the past Iranian calendar year, which ended on March 20, according to Islamic Republic of Iran Customs Administration (IRICA). [eco] IRICA announced that more than 10.695 million tons of commodities were transited trough Iranian borders during the past year, Mehr news agency reported on Monday. […]