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NIDC, PECO Sign Agreement Worth $60m 04 May 2020

NIDC, PECO Sign Agreement Worth $60m

National Iranian Drilling Company (NIDC) and Pezhvak Energy Engineering Services Company (PECO) signed an agreement worth $60m to cooperate on the developmental project of Sepehr and Jufair oil fields in west of Karoun in Khouzestan Province.

US’ anti-human rights actions posed challenges to Iran’s fight against coronavirus 04 May 2020

US’ anti-human rights actions posed challenges to Iran’s fight against coronavirus

Iranian President Hassan Rouhani said that the US anti-human rights measures have posed challenges to Iran's purposeful plan to counter the spread of coronavirus.

COVID-19 cases hit 98k 04 May 2020

COVID-19 cases hit 98k

Iran Health Ministry announced on Monday that the number of coronavirus cases has hit 98,647 in Iran, while 79,397 have recovered from the COVID-19.

Iranian OPEC veteran hospitalized for brain haemorrhage 04 May 2020

Iranian OPEC veteran hospitalized for brain haemorrhage

Iranian veteran OPEC Governor Hossein Kazempour Ardebili has slipped into a coma after a severe brain hemorrhage.

Zeroes off, Toman Comes 04 May 2020

Zeroes off, Toman Comes

Iranian lawmakers approved on Monday a monetary bill to shave four zeroes off the national currency.

Health ministry elaborates production of anti-coronavirus equipment 04 May 2020

Health ministry elaborates production of anti-coronavirus equipment

Iranian Minister of Health briefs on the capabilities of domestic organizations in the production of anti-coronavirus equipment and devices.

Iran pays $8b for SMEs, unfinished projects 04 May 2020

Iran pays $8b for SMEs, unfinished projects

Nearly $7.99 billion was paid to small- and medium-sized enterprises (SMEs) and unfinished industrial projects with over 60 percent progress.

Iran: $1.12b worth of sukuk bonds issued 04 May 2020

Iran: $1.12b worth of sukuk bonds issued

The government of Iran has authorized a decision to issue up to $1.12 billion worth of new Sukuk bonds to fund various projects in the current year.

Americans Will Suffer Casualties in Persian Gulf 04 May 2020

Americans Will Suffer Casualties in Persian Gulf

In recent weeks, Persian Gulf has experienced very perilous days because of the U.S. forces, deployed on the warships and frigates in the region.

Extension of UN Arms Embargo to Kill JCPOA 04 May 2020

Extension of UN Arms Embargo to Kill JCPOA

A senior Iranian official warns the illegal extension of the UN arms embargo on Iran will drag the already moribund Iran nuclear deal into permanent death.