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2024-03-09 15:31
Transport Ministry outlines 3 major strategies of PMO in upcoming year
TEHRAN – Iran’s Transport and Urban Development Minister Mehrdad Bazrpash has outlined three major strategies for the Ports and Maritime Organization (PMO) to pursue in the next Iranian calendar year, which begins on March 20.
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2024-03-09 15:31
Raisi inaugurates major projects in southwestern Iran
TEHRAN - Iranian President Ebrahim Raisi inaugurated several major projects during his provincial visit to Khuzestan in the Southwest of the country on Friday, IRNA reported.
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2024-03-09 15:31
Iran’s second-largest carmaker reports decline in output
TEHRAN - Iran’s second-largest automaker, Saipa, has reported a six percent decline in the number of passenger cars it has produced in the first 11 months of the current Iranian calendar year (March 21, 2023- February 19, 2024).
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2024-03-08 14:15
Knowledge for manufacturing 80% of oil industry equipment indigenized, says official
TEHRAN - Iran’s deputy oil minister said the country has succeeded in manufacturing 80 percent of oil parts and equipment domestically despite being under sanctions, Mehr news agency reported.
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2024-03-08 14:15
Sepehr, Jofeir oil fields to go operational soon: NIOC
TEHRAN - The head of the National Iranian Oil Company (NIOC) said on Thursday that Sepehr and Jofeir fields in the southwest of the country will become officially operational soon, Shana reported.
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2024-03-08 14:14
Iran ranks 1st among 70 countries in flare gas recovery: Oji
TEHRAN - Iranian Oil Minister Javad Oji has said the country’s oil and gas industry ranks first among the major gas exporting and producing countries in reducing flare gases.
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2024-03-06 15:19
Non-oil exports to Oman reach $916m in 10 months
TEHRAN- Iran exported commodities valued at $916 million to Oman during the first ten months of the current Iranian calendar year (March 21, 2023-January 20, 2024), according to the spokesman of the International Relations and Trade Development Committee of Iran’s House of Industry, Mining and Trade.
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2024-03-06 15:18
Iran's proposal to launch swift analogue added to BRICS agenda
TEHRAN - BRICS has put on the agenda the Central Bank of Iran (CBI)’s proposal to set up the group's own equivalent to the SWIFT payment system and create an organization to fight money laundering and terrorist financing that would be similar to intergovernmental Financial Action Task Force (FATF).
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2024-03-06 15:18
Tehran, Hanoi mulling over preferential trade agreement
TEHRAN - Head of Iran’s Trade Promotion Organization (TPO) Mehdi Zeighami has said that the Islamic Republic of Iran and Vietnam have expressed hope to reach an agreement on preferential trade.
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2024-03-05 15:46
TEDPIX gains 32,000 points on Tuesday
TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 32,061 points (1.5 percent) to 2,172,226 on Tuesday, which is the fourth day of the Iranian calendar week.
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2024-03-05 15:45
Iran to expand electricity exchange with neighbors
TEHRAN - Iranian Energy Minister Ali-Akbar Mehrabian has said the country has prepared the necessary ground to exchange electricity with the neighboring states such as Uzbekistan, Tajikistan, and Turkmenistan.
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2024-03-05 15:32
Iranian, Russian firms sign MOUs to co-op in new construction technologies
TEHRAN – Knowledge-based companies from Iran and Russia inked two memorandums of understanding (MOUs) to cooperate in the field of new construction technologies.
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2024-03-04 15:00
Iran’s largest oil refinery reports increase in processing capacity
TEHRAN - Abadan oil refinery, the largest in Iran, has reported an increase in processing capacity in line with the Oil Ministry’s new policy to slash the export of crude oil.
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2024-03-04 15:00
Tehran, Harare mull over expansion of industrial co-op
TEHRAN - The Head of Iran Small Industries and Industrial Parks Organization (ISIPO) Farshad Moghimi has expressed the country’s readiness for the expansion of economic and industrial cooperation with Zimbabwe.
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2024-03-04 15:00
Iran, Ghana sign document on air transport cooperation
TEHRAN - Iran and Ghana have signed a document on cooperation in the field of air transportation.
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2024-03-03 15:27
Commodities worth over $1.3b exported from Isfahan province in 11 months
TEHRAN- Non-oil products worth $1.322 billion were exported from Isfahan province during the first 11 months of the current Iranian calendar year (March 21, 2023-February 19, 2024), the director-general of the province’s Customs Department announced.
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2024-03-03 15:26
TEDPIX rises 60,000 points on Sunday
TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 60,470 points (2.9 percent) to 2,147,010 on Sunday, which is the second day of the Iranian calendar week.
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2024-03-03 15:26
Oji holds talks with counterparts during GECF summit
TEHRAN - Iranian Oil Minister Javad Oji met with his counterparts from Iraq, Angola, Russia, and Venezuela in separate meetings on Saturday.
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2024-03-02 16:35
Iran-Turkey trade surpasses $500m in January
TEHRAN - The trade exchanges between Iran and Turkey in January reached $501 million, showing a two percent increase compared to the same month last year.
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2024-03-02 16:35
Iran ready to provide vocational training for Omani workforce
TEHRAN – Iran is ready to provide technical and vocational training for 1,000 Omani workers, the head of Iran’s Technical and Vocational Training Organization said.
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2024-03-02 16:34
INTA eases guarantee regulations to facilitate imports of machinery
TEHRAN – The head of the Iranian National Tax Administration (INTA) has announced the possibility of using guarantee checks instead of bank guarantees to submit to customs for the import of machinery and production line equipment.
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2024-03-01 16:35
By Mahnaz Abdi
China brings together journalists from all over the world
Beijing- China International Press Communication Center (CIPCC), under the China Public Diplomacy Association (CPDA), has initiated a program to build a platform for the media from countries around the world, especially developing countries, to observe China and study development in this country.
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2024-03-01 16:34
Iran allocates over $6b to infrastructure projects
TEHRAN – The head of Iran’s Planning and Budget Organization (PBO) has said 3.0 quadrillion rials (over $6.0 billion) has been allocated for construction and infrastructure projects in the next Iranian calendar year’s (starts on March 20) national budget bill.
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2024-03-01 16:34
Tehran, Baghdad explore avenues of co-op in refining sector
TEHRAN - Head of National Iranian Oil Refining and Distribution Company (NIORDC) Jalil Salari and Iraq’s Deputy Oil Minister for Refining Affairs Hamid Younes met on Thursday in Tehran to discuss expanding cooperation between the two countries in the refining sector.
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2024-02-28 18:49
Iran, Russia ink several co-op MOUs to wrap up 17th Joint Economic Commission
TEHRAN – Iran and Russia signed several memorandums of understanding (MOUs) to cooperate in various sectors at the end of the two countries' 17th Joint Economic Committee meeting which was held in Tehran during February 26-28.
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2024-02-28 14:59
Iran’s oil sector annual growth doubles despite sanctions
TEHRAN - Iran’s oil sector has witnessed a twofold increase in its annual economic growth in autumn 2023, the country’s Finance and Economic Affairs said on Tuesday.
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2024-02-28 14:59
Natural gas consumption hits new record high
TEHRAN – Following the significant temperature drop over the past few days, the consumption of natural gas by Iranian domestic and commercial sectors reached 665 million cubic meters (mcm) to register a new record high in the current Iranian calendar year (ends on March 19), an official with the National Iranian Gas Company (NIGC) announced.
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2024-02-28 14:59
IAC preparing comprehensive document on use of smart systems in airports
TEHRAN – Iran Airport Company (IAC) is going to form a specialized committee to explore ways of developing the digital and electronic infrastructure of the country’s airports and aviation systems with a focus on compiling a comprehensive document on the use of smart systems in airports.
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2024-02-27 15:53
Iran to transfer aquaculture, veterinary medicine knowledge to Senegal
TEHRAN – An aquaculture and animal husbandry delegation from Senegal has traveled to Iran to participate in training courses and learn about the experiences and achievements of Iran in the fields of fisheries and veterinary medicine.
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2024-02-27 15:52
IP Gas completion, BRICS membership should be Pakistan's priority: senator
TEHRAN - Chairman of the Foreign Relations Committee of the Senate of Pakistan, Senator Farooq Hamid Naek, has said that the Iran-Pakistan gas pipeline completion and membership in BRICS should be the priority of the new Pakistani government.