Raw materials constitute 85% of Iran’s imports

TEHRAN – Iran’s acting minister of industry, mining and trade said on Thursday, 85 percent of the country’s current imports are raw materials for the production and industry sectors, IRNA reported.

SATKAB, AFZO ink MOU for co-op on exports to Eurasia

TEHRAN - Iranian Electrical Power Equipment Manufacturing and Provision Company has signed a memorandum of Understanding with Anzali Free Zone Organization for cooperation on exports to Eurasia.

Iran, Australia discuss reviving economic ties

TEHRAN – Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture met with the Australian Ambassador to Tehran on Wednesday to discuss reviving the two countries’ economic relations.

Iran to expand its freeway network by 5,000km in 5 years

TEHRAN – Iranian Transport and Urban Development Minister Mohammad Eslami has said that the country’s freeway network is going to be expanded by 5,000 kilometers in the next five years, IRNA reported.

Iran-EAEU trade exceeds $2.4b since preferential trade agreement

TEHRAN- The value of trade between Iran and the Eurasian Economic Union reached $2.418 billion after the implementation of the preferential trade agreement on October 27, 2019.

By Mohammad Mazhari

Americans striving to return Lebanon to chaotic situation: West Asia commissioner for human rights

TEHRAN – The commissioner for West Asia at the International Human Rights Commission is of the opinion that the U.S. is using all means to push Lebanon toward chaos.

By Dr. ZHANG Yuan

Fighting COVID-19: Cooperation and the New World Order

(The Post-hegemonic Order in the Post-epidemic Era Should be an International Order without Absolute Hegemony)

In 2020, all countries are facing multiple pressures to curb turbulent epidemic pressures, gain economic recovery, ease financial crises, inspire people, and rebuild public confidence.

By Salman Parviz

Global real estate market plunges amid COVID-19 pandemic

Higher unemployment rates decrease sales

Owning a home remains the single most important investment in most people’s lives. The novel coronavirus pandemic will impact all players in the real estate chain from tenant, landlord, lender, service provider, broker, insurer, investor, etc.

Iran resumes gas exports to Turkey

TEHRAN - Iran has resumed natural gas exports to Turkey after a three-month hiatus, Shana reported quoting an official with the National Iranian Gas Company (NIGC).

In memory of Iran Air Flight 655 victims

On July 3, 1988, the USS Vincennes of the United States Navy fired missiles at an Iran Air Airbus A300B2 which was flying over the Strait of Hormuz from the port city of Bandar Abbas to Dubai, carrying 274 passengers and 16 crew members.

Rouhani inaugurates 10 major water, electricity projects

TEHRAN - Iranian President Hassan Rouhani, on Thursday, inaugurated 10 electricity and water projects worth 19 trillion rials (about $452.3 million) in two provinces, IRNA reported.

Iran condemns U.S. sanctions on countries hit hard by coronavirus

TEHRAN — Majid Takht-Ravanchi, Iran’s ambassador to the United Nations, has highlighted the need for lifting of the United States’ sanctions, which have been weakening the targeted countries’ fight against the spread of the coronavirus.

TEDPIX rises 13.5% in a week

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), went up 13.5 percent to stand at 1.612 million points in the past Iranian calendar week (ended on Friday), IRNA reported.

Tehran hosting intl. doors, windows exhibition

TEHRAN- Iran’s 12th Doors & Windows Technology International Exhibition kicked off at the Tehran Permanent International Fairgrounds on Thursday and will run until Sunday.

6,000 permits issued for industrial unit establishment in a quarter

TEHRAN- Iranian Deputy Industry Minister Saeed Zarandi announced that 6,000 permits have been issued for the establishment of industrial units in the country in the first quarter of the current year.

AEOI: Natanz incident causing no work stoppage, slowdown at facility

Iran's Atomic Energy Organization says an incident hitting the Natanz nuclear facility Thursday has caused no stoppage or slowdown of enrichment because the affected shed was actually under construction and not part of the enrichment process yet.

Mohajeri named Machine Sazi coach

TEHRAN – Mohammadreza Mohajeri is new head coach of Iran top-flight football team Machine Sazi.

Qajar-era subterranean garrison identified in northeast Iran

TEHRAN – An underground garrison, estimated to date from Qajar era (1789–1925), has been discovered near Bojnurd, the capital of North Khorasan province, northeast Iran.

Iran setting rules to resume foreign tourist arrivals amid pandemic

TEHRAN – The ministries of tourism and health in close collaboration with several other government bodies are defining a series of rules for admitting foreign travelers to the country amid a standstill in the global tourism industry caused mainly by the coronavirus.

Ancient horse remains discovered in central Iran

TEHRAN – An ancient burial containing the remains of a horse -- estimated to be four years old -- has been discovered by archaeologists in Tepe Ashraf, the sole archaeological hill in Isfahan, central Iran.

Pakistani embassy expresses its condilences over Medical Center blast in Tehran

Tehran- Pakistani embassy expressed its condolences over the Medical Center blast in Tehran.

U.S. cannot cause any harm to the will of Syria’s friends, Iranian president says

Rouhani, Putin, Erdogan voice commitment to Syria’s sovereignty

TEHRAN — Presidents of Iran, Russia and Turkey on Wednesday held a tripartite virtual summit voicing strong commitment to the sovereignty, independence, unity and territorial integrity of Syria.

IRGC to unveil new missile system in September: general

TEHRAN — Brigadier General Bahman Kargar has announced plans to unveil a new missile system by the Islamic Revolution Guards Corps (IRGC) in the coming months.

By Hamid Bayati

Iran’s interest lies in implementing JCPOA regardless of U.S. provocations, says ex-IAEA official

TEHRAN — The former head of Verification and Security Policy at the IAEA has said that it is in Iran’s strategic interest to continue implementing the JCPOA and the NPT regardless of U.S. provocations.

UNSC did not back U.S. bid to extend Iran arms embargo: envoy

TEHRAN — Majid Takht-Ravanchi, Iran's ambassador to the United Nations, has said the UN Security Council members did not endorse the U.S. government’s proposed resolution to extend an arms embargo on Iran.

CEOs of ECO Cultural Institute, Farabi Cinema Foundation meet in Tehran 

TEHRAN – Sarvar Bakhti, the new president of the ECO Cultural Institute, and the director of Iran’s Farabi Cinema Foundation, Alireza Tabesh, met in Tehran on Monday.

Lucas Hnath’s “A Doll’s House” published in Persian 

TEHRAN – A Persian translation of American writer Lucas Hnath’s “A Doll’s House, Part 2” has been published by Roozbahan Publications in Tehran. 

Storyteller Susan Maqsudlu to release podcasts of classical Persian tales

Isfahan museum to showcase Fallen Astronaut

TEHRAN – The Isfahan Museum of Contemporary Art is scheduled to put on view a copy of Fallen Astronaut, a miniature aluminum sculpture that was taken on the Apollo 15 mission to the Moon in 1971, in an exhibition opening tomorrow.