Total:104
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2021-07-26 15:16
By Ebrahim Fallahi
Opening new oil export pipeline, Iran takes new step toward energy independence
TEHRAN – Earlier on Thursday, Iranian President Hassan Rouhani officially ordered the inauguration of a strategic crude oil transfer project through which the country will bypass the Strait of Hurmuz and cut reliance on the chokepoint for its oil trades in the future.
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2021-07-05 12:50
By Ebrahim Fallahi
Iran’s plans for promoting mining sector bearing fruit
TEHRAN - Having 68 different types of minerals, including the world’s largest copper, zinc and iron reserves, Iran is one of the top 10 mineral-rich countries across the globe. In this regard, the Iranian government has been seriously pursuing several programs for promoting the mining sector as a major contributor to the country’s economic growth.
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2021-06-22 14:41
By Ebrahim Fallahi
NIOC pushing EOR projects in preparation for oil market return
TEHRAN – As Vienna nuclear talks between Iran and world powers show signs of progress, the National Iranian Oil Company (NIOC) is also getting prepared for boosting the country’s oil output to pre-sanction levels or even higher.
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2021-06-15 15:47
By Ebrahim Fallahi
Comprehensive plan underway for developing industrial parks, SMEs
TEHRAN – Over the past two decades, the Iranian economy has been constantly faced with external deterrents like sanctions and political pressure, thus the country has been urged to push for a more resilient and independent economy.
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2021-06-07 15:26
By Ebrahim Fallahi
Iran’s presidential election: private sector expectations and demands
TEHRAN – Iran is on the verge of yet another political turning point as the current government incumbency gets closer to its end and seven new presidential candidates line up to try their luck for leading the next government.
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2021-05-24 13:54
By Ebrahim Fallahi
Power outages in Iran, reasons & solutions
TEHRAN – With the early arrival of the hot season across Iran, once again the issue of electricity shortage and systematic power outages has come under the spotlight. These days Iranians are left in the dark for several hours each day based on a pre-planned outage program implemented by the Energy Ministry.
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2021-05-15 13:24
By Ebrahim Fallahi
Iran taking big steps for development of free trade, special economic zones
TEHRAN – Over the past two decades, free and special economic zones have played a significant role in Iran’s economy, and the Iranian government has been seriously pursuing a program for the development of the existing zones and establishing new ones.
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2021-04-27 15:58
By Ebrahim Fallahi
Iran-China partnership to raise Chabahar port’s global status
TEHRAN - As Iran's only oceanic port on the Gulf of Oman, Chabahar port holds great significance for the country both politically and economically. The country has taken serious measures for developing this port in order to improve the country’s maritime trade.
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2021-04-18 15:18
By Ebrahim Fallahi
How can govt. really support stock market?
TEHRAN - Unprecedented fluctuations in the Iranian stock market over the past few months have led shareholders, experts, and scholars to call for the government to increase its support for the market, some shareholders want the government to guarantee the return of their stocks, some believe providing infrastructure is the best way to help this market.
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2021-04-13 12:19
By Ebrahim Fallahi
Lion-dragon alliance: a serious threat to U.S. influence in region
TEHRAN – The signing of a 25-year cooperation document between Iran and China has become the subject of debate by many political and economic experts and scholars and even ordinary people all over Iran.
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2021-03-12 14:46
By Ebrahim Fallahi
Why S. Korea should release Iranian frozen funds?
TEHRAN – Once one of Iran’s major oil buyers, South Korea has been holding back the release of several billions of dollars of Iranian oil money under the pressure from White House.
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2021-03-01 14:54
By Ebrahim Fallahi
Majlis continues reviewing details of next year’s budget bill
TEHRAN – Every year after the government submits the draft of the national budget bill for the next year to the Iranian parliament (Majlis), the parliament’s budget review committee immediately begins assessing general outlines of the bill including the incomes and the expenses.
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2021-02-17 12:39
By Ebrahim Fallahi
Govt. interference in steel market counterproductive, says expert
TEHRAN - As a major source of revenue for Iran, the country’s steel industry has been one of the main points of focus for the government’s strategic development plans over the past few years.
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2021-01-26 15:22
BY: Ebrahim Fallahi
Iranian capital market: a huge capacity in need of correction
TEHRAN – Two years after the re-imposition of the U.S. sanction on Iran and at a time when the Trump Administration had started its maximum pressure policies to, as they claimed, paralyze the country’s economy, the Iranian government started implementing a strategy to cut reliance on oil and promote domestic production using internal capacities.
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2021-01-17 12:00
By Ebrahim Fallahi
Giant South Pars field secures Iran’s gas supply in winter
TEHRAN – Steady production from Iran’s giant South Pars gas field, which the country shares with Qatar in the Persian Gulf, has ensured uninterrupted and sustainable supply of natural gas across the country during the cold season.
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2021-01-10 12:15
By Ebrahim Fallahi
Majlis decides to unify forex rates; is it a good thing?
TEHRAN - The budget review committee of the Iranian Parliament (Majlis) has recently voted in favor of changing the foreign currency exchange rate for the import of essential goods from 42,000 rials to 175,000 rials per dollar, suggesting that the prices of essential imports should be set in accordance with the exchange rate prevailing in the Forex Management Integrated System (locally known as NIMA).
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2021-01-05 12:16
BY: Ebrahim Fallahi
Armenia’s market a new opportunity for Iranian producers
TEHRAN – During Armenia’s 44-day conflict with Azerbaijan in the Nagorno-Karabakh region, Turkey had heavily backed Azerbaijan, further deepening the historical conflict between the two neighbors.
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2020-12-29 18:03
By Ebrahim Fallahi
Why has Iran suddenly reduced gas exports to Iraq?
TEHRAN - Sharing a long border and an ancient cultural and religious heritage, Iran and Iraq have become strong economic and political allies since the fall of Saddam Hussein in 2003 and Iran has played a significant role in meeting the Arab country’s energy needs.
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2020-12-25 12:20
By Ebrahim Fallahi
U.S. sanctions’ silver lining for Iranian home appliance industry
TEHRAN – Although the U.S. sanctions have created major problems for the Iranian economy in many areas, for one particular industry they have been certainly “a blessing in disguise”, and that is the home appliance sector. The home appliance industry has flourished with the U.S. sanctions pushing foreign competitors out of the domestic market.
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2020-12-19 13:43
By Ebrahim Fallahi
Goreh-Jask oil pipeline: a mega project that opens Indian Ocean gates to Iranian oil
TEHRAN – Given Iran’s geopolitical position - being located at the heart of the world’s oil production center, that is West Asia, and intersecting the trade corridor between east and west- and considering the sanctions, and unjust pressures imposed by some world powers against the country; for more than a decade, the Islamic Republic has been following new strategies for diversifying its export routes in the country’s southern borders to nullify such pressures and reach its full economic potentials.
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2020-12-14 13:46
By Ebrahim Fallahi
Indigenizing petchem catalysts to pave way for realizing surge in production
TEHRAN – As the Iranian economy is moving away from reliance on external sources towards self-sufficiency, many of the country’s economic sectors including oil, gas and petrochemicals are taking serious measures for meeting their technological needs from domestic sources, and the petrochemical sector has been a pioneer in this regard.
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2020-12-11 14:05
BY: Ebrahim Fallahi
Khaf-Herat railway inaugurated
TEHRAN - Iranian President Hassan Rouhani and Afghan President Ashraf Ghani on Thursday officially inaugurated the strategic Khaf-Herat railway project in a video conference.
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2020-12-06 13:49
By Ebrahim Fallahi
1400 budget bill: how realistic the draft is?
TEHRAN – Like the previous years, this year too, the government submitted the administration’s draft of the national budget bill for the next Iranian calendar year to Majlis earlier this month.
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2020-12-04 15:05
BY: Ebrahim Fallahi
Transport Ministry to get over $3.3b to accelerate development
TEHRAN - In the past two decades, Iran’s transportation infrastructure has gone through a major transformation, and every year the country is advancing more in this area.
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2020-11-27 13:50
BY: Ebrahim Fallahi
Oil, gas, petchem projects worth over $7.14b inaugurated in 3 provinces
TEHRAN - President Hassan Rouhani inaugurated three oil industry projects worth over 300 trillion rials (about $7.15 billion) in Chaharmahal-Bakhtiari, Khouzestan, and Boushehr provinces, Shana reported.
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2020/11/24
BY: Ebrahim Fallahi
National budget bill: how much oil income is forecast?
TEHRAN – Iran’s Planning and Budget Organization (PBO) has handed over the draft of the national budget bill for the next Iranian calendar year (starts on March 21, 2021) to the government for review.
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2020-11-17 15:02
By Ebrahim Fallahi
Iran, Afghanistan join hands to broaden all-out ties
TEHRAN – Having shared historical, cultural, political, and economic backgrounds, Iran and Afghanistan have been allies for many years and the strategic cooperation between the two countries has been broadened especially over the past two decades.
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2020-11-15 14:03
BY: Ebrahim Fallahi
Iran’s gasoline rationing scheme: from policy to practice
TEHRAN – These days last year, Iranians were surprised by the sudden news of the implementation of a program for rationing gasoline and also the increase in the fuel prices.
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2020-11-10 13:15
By Ebrahim Fallahi
Plan for renovation of railway fleet strongly pursued
TEHRAN - The development of the railway sector is one of the macro policies of the Iranian government as it has been emphasized by the general policies of the Sixth Five-Year National Development Plan (2016-2021).
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2020-11-07 13:38
By Ebrahim Fallahi
Persian Gulf water transfer project inaugurated
TEHRAN - In recent years, due to increasing water consumption for drinking, industrial and agricultural purposes and sometimes consecutive droughts, the central plateau of Iran has been experiencing severe water shortages, especially in big cities like Isfahan, Kerman, Yazd, and Hormozgan.
