Iran has good ties with Iraqi ethnic groups: diplomat
TEHRAN – Iraj Masjedi, the Iranian ambassador to Baghdad, said on Monday that Iran has good relations with all the ethnic groups in Iraq. During a meeting with a number of Feyli Kurds, he said that Iran has good relations with all the Iraqi ethnic groups, especially the Kurds. For his part, Assadollah Feyli, head […]
Development plans to see 79% budget rise next year
TEHRAN- The national budget bill for the next Iranian calendar year, starting March 21, has envisaged 79 percent more budget for development projects, the government spokesman announced. In a press conference on Tuesday, Mohammad Baqer Nobakht said the coming year’s budget for development projects is 334.54 trillion rials (about $7.43 billion), while the figure was 186.43 […]
Iran, Azerbaijan to finalize oil agreement by next month: oil min.
Iranian oil minister described the oil negotiations between Iran and Azerbaijan as positive and voiced hope to see the talks concluded with President Rouhani’s visit to Baku in the first days of the new year (of Iranian calendar). “The Presidents of the two countries of Iran and Azerbaijan are significantly contributing to the bilateral relations […]
Finland, Denmark, Sweden Sign Cooperation Document with Iran’s IDRO
The ambassador of Finland to Tehran said Helsinki, Copenhagen and Stockholm have signed an agreement with Iran’s IDRO Group to improve cooperation in various fields, including oil and renewable energies. “Finland, Denmark and Sweden signed an MoU with IDRO of Iran to promote collaboration in in the fields of oil & gas, high-tech, transportation, renewable […]
Iran’s waste-to-energy capacity reaches 11 MW
TEHRAN – The capacity of waste-to-energy plants across Iran has reached 11 megawatts, the country’s Renewable Energy and Energy Efficiency Organization, known as Satba, announced on Sunday. A waste-to-energy plant is a waste management facility that combusts wastes to produce electricity. This type of power plant is also called a trash-to-energy, municipal waste incineration, energy […]
IPC’s data must be in compliance with national interests
The need to provide comprehensive, timely, precise and accurate information on petroleum contracts, salaries and wages of chief executives of oil industry was emphasized in an expert-level meeting held at the venue of the Ministry of Oil. This get-together meeting was held in the presence of members of Secretariat of Commission and representatives of National […]
Liquidity rate hits by 16.7% growth in 10 months
Liquidity in the country hit 1,463 thousand billion tomans in the Iranian month of Dey (Jan. 22), showing a considerable 16.7 percent hike as compared to the same period of last year. According to a report released by the Central Bank of Iran (CBI), share of money and quasi money hit 180,000 and 1282.9 thousand […]
Iran-Qatar Joint Economic Committee meeting slated for mid-April
TEHRAN – The 6th round of Iran-Qatar Joint Economic Committee meeting is due to be held on April 16-17, in Doha, the portal of Iran’s Trade Promotion Organization (TPO) reported. Accordingly, an Iranian trade delegation headed by the country’s Industry, Mining and Trade Minister Mohammad Shariatmadari is going to visit the Arab country to attend […]
Exclusive expo of Indian products starts operation in Tehran
TEHRAN- The exclusive exhibition of Indian products, “SOURCE INDIA IRAN”, became operational at Tehran Milad Tower on Saturday, IRIB news reported. The opening ceremony of the three-day event, which is supported by the Indian Ministry of Commerce and Industry, was attended by Indian charge d’affaire in Iran, the deputy head of Iran-India Joint Chamber of […]
Currency fluctuations can jeopardize investment considerably
Minister of Industry, Mine and Trade Mohammad Shariatmadari said that currency fluctuations can put investment at significant risk. Stability in economic indicators is one of the requirements for attracting foreign capitals in the country, the minister opined. Speaking on the sidelines of unveiling ceremony of National Atlas of Maps of Mineral Potentials, he said, “stability […]