Over 55m tons of goods loaded, unloaded at Shahid Rajaee port in 9 months

TEHRAN- Over 55.4 million tons of commodities were loaded and unloaded at Shahid Rajaee Port, in south of Iran, during the first nine months of the current Iranian calendar year (March 21-December 21, 2018), according to the director general of Ports and Maritime Department of Hormozgan Province.

Foreign investment in Iran’s capital market at $326m

TEHRAN- The value of foreign investment in Iran’s capital market has reached 13.7 trillion rials (about $326 million), IRNA reported on Monday quoting the head of Securities and Exchange Organization (SEO).

400m liters of oil, related products transferred via pipeline per day

TEHRAN- Some 400 million liters of oil and related products are transferred via pipelines throughout the country per day, the managing director of Iranian Oil Pipelines and Telecommunication Company announced.

Saffron output increases 15%

TEHRAN- Production of saffron in Iran since the beginning of current Iranian calendar year (March 21, 2018) stands at 400 tons which is 15 percent more than the figure of the previous year’s same period, according to the vice chairman of National Saffron Council.

Following fellow Asian buyers, Japan resumes shipping in Iranian oil

TEHRAN – The governor of the Central Bank of Iran (CBI) announced on Monday that Japanese refiners have resumed imports of Iranian oil after receiving waivers from U.S. sanctions on Tehran, IRNA reported.

Parliament body suggests $11 gasoline subsidy for each Iranian

TEHRAN- In its recent plan, Iran’s Parliament Research Center has suggested the government to allocate 480,000 rials (about $11.4) of cash subsidies, the present price for 24 liters of gasoline, to each individual Iranian monthly, Jam-e-Jam daily reported on Monday.

Completing semi-finished projects top priority of IMIDRO

TEHRAN- Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has accomplishing semi-finished projects as its top priority, the state-run organization’s head Khodadad Gharibpour announced in a meeting, the official portal of IMIDRO reported on Sunday.

‘Mechanisms to receive gas export payments under investigation’

TEHRAN – Iran’s Oil Ministry, National Iranian Gas Company (NIGC) and Central Bank of Iran (CBI) are working on ways for receiving payments from the importers of Iranian gas during sanctions, ISNA reported quoting an oil official.

Iranian private sector calls for government support in sanctions era

TEHRAN - Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafeie said the government should allocate more financial support for the country’s private sector producers during the sanctions era, the portal of ICCIMA reported.

Shrimp exports to reach 30,000 tons by March 20

TEHRAN- Iran’s export of shrimp is anticipated to reach 30,000 tons by the end of the current Iranian calendar year (March 20, 2019), Hassan Salehi, the head of Iran’s Fisheries Organization, announced.

Fruits, vegetables export up 54% in 9 months on year

TEHRAN- The value of Iran’s fruit and vegetable exports during the first nine months of the current Iranian calendar year (March 21-December 21, 2018) rose 54 percent compared to the same period of time in the past year, a director in Trade Promotion Organization (TPO) announced.

IME’s worth of trades up 49% in a week

TEHRAN- During weekdays ending up to January 17, while 549,773 million tons (MT) of commodities worth over $547.6 million were traded on Iran Mercantile Exchange (IME), the trading volume and value experienced growth of 36 percent and 49 percent, respectively.

Precious stones, metals export increases 25% in 9 months on year

TEHRAN- Iran’s exports of precious stones and metals during the nine-month period ended on December 21, 2108 rose 25 percent compared to the same period of time in the past year, IRNA reported citing the data released by the Islamic Republic of Iran’s Customs Administration (IRICA).

Gas produced in South Pars platform 13B injected to offshore refinery

TEHRAN- Gas produced in platform 13B of Iran’s South Par gas field was injected to the offshore refinery of phase 13 of the gas field development, Payam Motamed, the operator of this phase, announced.

Tehran to host intl. logistics expo in late Jan.

TEHRAN - The 4th International Exhibition of Logistics and Supply Chain related Industries and Equipment is slated to be held during January 23-26 at Tehran International Permanent Fairgrounds, IRIB reported.

576 industrial, mining projects to be inaugurated in early Feb.

TEHRAN- An official from the Iranian ministry of industry, mining and trade informed that some 576 industrial and mining projects will be inaugurated during the Ten-Day Dawn (February 1-10, marking the victory anniversary of the Islamic Revolution), IRNA reported on Saturday.

‘Auto part manufacturers to receive $950m of facilities’

TEHRAN- “Iranian ministry of industry is to grant 40 trillion rials (about $952.3 million) of facilities to supply working capital for the auto part manufacturing units,” Iranian Industry Minister Reza Rahmani announced, IRNA reported on Thursday.

3000 new small-scale solar plants to be constructed in rural areas

TEHRAN – Deputy Energy Minister Mohammad Sadeghzadeh said 3000 new small-scale solar plants are going to be constructed in the country’s underprivileged and rural areas by the end of the current Iranian calendar year (March 20, 2019), IRNA reported.

NIMA supplies €6.2b for imports of goods, services

TEHRAN- Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €6.276 billion of foreign currency for imports of goods and services since early August, IRIB reported on Thursday.

Over 27m tons of iron ore produced in 9 months

TEHRAN- Iran produced 27,031 million tons of iron ore during the nine-month period ended on December 21, 2018, IRNA reported citing the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

Over $16b of tax revenues earned in 9 months

TEHRAN- Iran’s tax incomes during the first nine months of the current Iranian calendar year (March 21-December 21, 2018) stood at 680 trillion rials (about $16.19 billion), Head of Iran's National Tax Administration (INTA) Seyed Kamel Taqavi-Nejad announced.

Over $924m of state-owned shares divested since last March

TEHRAN- Iranian Privatization Organization (IPO) has offered 38.826 trillion rials (about $924.4 million) of state-run shares to the private sector since the beginning of the present Iranian calendar year 1397 (March 21, 2018), IRNA reported.

By Haniyeh Sadat Jafariyeh

Getting around sanctions with crypto-rial

In April 2018, the Central Bank of Iran banned domestic banks and people from dealing in foreign cryptocurrency because of money laundering and financing risks.

40 new CNG stations to go operational next month

TEHRAN- National Iranian Oil Products Distribution Company (NIOPDC) will put 40 new compressed natural gas (CNG) filling stations into operation throughout the country during the Ten-Day Dawn (February 1-10, marking the victory anniversary of the Islamic Revolution), Hamid Qasemi Deh-Cheshmeh, director for CNG project of NIOPDC, announced.

Switzerland to host next joint economic committee meeting with Iran: envoy

TEHRAN – Swiss government is planning to host the next Iran-Switzerland Joint Economic Committee meeting, the portal of Iran’s Trade Promotion Organization (TPO) quoted the Swiss ambassador to Tehran as saying.

New petrochemical projects to go operational by yearend

TEHRAN – Two new petrochemical projects will start operating by the end of the current Iranian calendar year (March 22), IRIB reported on Wednesday quoting an official at NPC.

Renewables capacity up 96% in 9 months on year

TEHRAN- The capacity of generating electricity from renewable sources in Iran has increase 96 percent during the first nine months of the current Iranian calendar year (March 21-December 21, 2018) from the same time span in the past year, IRIB reported on Wednesday citing energy ministry's news portal (known as Paven).

Japan banks set to resume Iran oil transactions after regulatory clearance

Major Japanese banks are set to resume Iranian oil transactions after receiving final regulatory clearance, paving the way for the country's refiners to begin loadings as early as this month, sources with direct knowledge of the matter told S&P Global Platts Tuesday.

Aluminum ingot production exceeds 228,300 tons in 9 months

TEHRAN- Three major aluminum ingot producers in Iran produced 228,314 tons of ingots during the first nine months of the current Iranian calendar year (March 21- December 21, 2018), IRNA reported.

Private sector seeking imports not relying on NIMA

TEHRAN- Regrading the urgent need of producers for the raw materials and also for machineries, setting up a mechanism for imports of such goods not relying on receiving foreign currency through NIMA is now seen more necessary, head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) stressed.