The Russia-Turkey-Iran summit on Syrian peace will be held in Sochi, a Russian city.
The Russia-Turkey-Iran summit on Syrian peace will be held in Sochi, a Russian city.
Western countries can no longer form an alliance against Iran easily, thanks to the nuclear deal signed in 2015 with major world powers, a lawmaker said.
“Iran’s position in the world is better than the time when they [western countries] could easily build international alliances against us,” Ali Motahari, a deputy parliament speaker, said in a recent talk to ICANA.
He made the statement in reference to the US-sponsored conference on Middle East, which is due to be held in the Polish capital Warsaw on Feb. 13-14.
Iran is carrying out its commitments under its nuclear deal with major powers, the head of International Atomic Energy Agency, Yukiya Amano, said in the text of a speech posted online by his agency on Wednesday.
Ten-Day Dawn ceremonies were held across the country on Friday, marking the 40th anniversary of the 1979 Islamic Revolution, which put an end to the Pahlavi monarchic rule in Iran.
These events started all over the country at 9:33 a.m. local time, symbolically marking the precise time when the late founder of the Islamic Republic, Imam Khomeini, returned home from a political exile and received an enthusiastic public reception at Tehran’s Mehrabad International Airport on Feb. 1, 1979.
A special ceremony was held at Imam Khomeini’s mausoleum south of Tehran, with a host of state and military officials as well as thousands of people from all walks of life in attendance.
An underground 132/20 kilovolt gas-insulated substation was inaugurated in Mashhad, Khorosan Razavi Province, at the weekend.
“The substation is built over 1,100 square meters and is 16 meters below the surface. It cost $2 million,” head of Khorasan Regional Electricity Company Reza Riahi was quoted by IRNA.
A GIS is a high voltage substation in which the major structure is sealed with sulfur hexafluoride gas as the insulating medium. It is mostly used where real estate is expensive or not available. The technology originated in Japan where there was a substantial need to develop technology to make substations as compact as possible.
India is in talks with the US to extend a waiver permitting it to continue importing Iranian oil after March, an Indian Oil Ministry official said Thursday.
Rationing and higher prices are needed to help reduce fuel consumption, the oil minister said.
"There are a number of proposals on the table but no decision has been taken because of a lack of consensus,” Bijan Namdar Zanganeh was quoted as saying by ISNA.
According to the minister, raising prices will be followed by spiraling inflation that has experienced an uptrend in recent months
PetroChina is looking to drop Venezuela’s state-owned oil firm PDVSA as an equity partner in a planned and long-delayed $10-billion oil refinery and petrochemical complex in southern China, Reuters reported on Thursday, quoting executives and an official with the Chinese company and its parent CNPC.
Bandar Imam Petrochemical Company in Khuzestan Province exported 1.2 million tons of petrochemicals in the first 10 months of the current fiscal (started March 2018), the managing director said.
In a letter to the industries, mining and trade organizations of the provinces of West Azarbaijan, Kurdestan, Kermanshah, Ilam, Khuzestan, Bushehr, Hormozgan, Sistan-Baluchestan and South Khorasan, the Consumers and Producers Protection Organization has called strengthening control procedures at border checkpoints to prevent the smuggling of Iranian livestock abroad.
The letter noted that following many reports on the continuous rise of meat prices in recent weeks in the domestic market as a result of an increase in outbound livestock smuggling, it is necessary that border crossings be controlled with more vigilance, Mehr News Agency reported.
The total operating revenues of Iran’s top 100 companies, based on their financial statements for the fiscal year that ended on March 20, 2018, stood at 5,670 trillion rials ($47.25 billion) to register a 24% increase compared with the year before.
According to data gathered by the Industrial Management Institute, Iran's banking industry was the largest business sector out of 32 groups in the last fiscal year (March 2017-18), accounting for 26% of the total revenues, followed by petrochemical group with 14% and oil and gas companies with 13%.
The new round of US sanctions against Iran is being felt across the entire spectrum of Iran's economic sector. One such sector is the strategic steel industry, which is currently dealing with the threat of losing its export markets—a crucial avenue through which Iran's aggressive expansion plans are being pursued.
According to Deputy Minister of Industries, Mining and Trade, and Chairman of Board of Iranian Mines & Mining Industries Development & Renovation Khodadad Gharibpour, Iranian steel industry is an export-oriented on in that the country exports more than 40% of its steel productions.
Iran aims to become the world’s sixth largest steel producer as per the 20-Year Vision Plan, which targets annual production capacity expansion to 55 million tons and 20-25 million tons of exports per year by 2025. Iranian steel mills have so far realized just over 30 million tons of the capacity target.
Majlis Joint Commission, the parliamentary body responsible for reviewing the budget bill, on Wednesday approved that those with a monthly income of less than 27.5 million rials ($230) will be exempt from paying income tax in the next fiscal year (March 2019-20).
Less than a year into its partnership with Iran Chamber of Commerce, Industries, Mines and Agriculture and the Technical and Vocational Training Organization, Germany’s Stiftung Bildung and Handwerk (SBH, or Education and Craft Foundation) seems to have made considerable headway in conducting its trademark project in Iran.
On March 3, 2018, as one of the largest and most efficient educational networks in Germany, SBH signed a memorandum of understanding with ICCIMA and TVTO (state-run organization in charge of technical and vocational training affiliated to the Ministry of Cooperatives, Labor and Social Welfare) to introduce the "Dual Vocational Education and Training Program" in Iran over three years.
"Dual VET would help bridge the skills gap in the economy, given the fact that lack of qualified, skilled workers is one of the main challenges facing Iran’s private sector today," Abazar Barari, a representative of ICCIMA, told a press briefing on the project's progress on Monday.
The Washington DC-based think tank, Heritage Foundation, released their annual Index of Economic Freedom for 2019 on Wednesday, which shows Iran gaining a higher score compared with the year before.
Of the 186 countries included in this 25th edition of the index, 180 are fully scored and ranked. Because of the lack of sufficient reliable data, six countries, namely Iraq, Libya, Liechtenstein, Somalia, Syria and Yemen, were evaluated and partially graded, but not ranked.
A conference was held at Iran Chamber of Commerce, Industries, Mines and Agriculture in cooperation with Australian Trade and Investment Commission and Iran-Australia Chamber of Commerce for exploring ways of promoting bilateral economic relations.
The Nourbakhsh Award ceremony was held Wednesday on the sidelines of the Eighth Conference on Electronic Banking and Payment Systems organized by the Monetary and Banking Research Institute.
The annual event is held to honor innovators in electronic banking fields and is the most prestigious of its kind with winners usually receiving their awards from the governor of the Central Bank of Iran.
According to the website of the conference, the awards were presented to owners of superior ideas depending on novelness, applicability and profitability.
In the trading week to January 30, the main index of Iran Fara Bourse (an over-the counter market for securities and other financial instrument in Tehran) IFX, registered 76% return on investment since the beginning of the current fiscal last March.
According to the Security and Exchange News Agency, the IFX declined 2.4% last week (Jan. 26-Feb. 1) and stood at 1,935 points.
Urban planners and managers from Fars, East Azarbaijan, Qom, Isfahan, and Khorasan Razavi provinces were in Tehran on Thursday and reviewed projects that seek to transform the capital into a smart city.
Tehran Municipality Information and Communication Technology Organization took the visitors on a four-hour tour of city, tmicto.tehran.ir reported.
Tehran ICT Organization Chief Mohammad Farjoud, who headed the tour, emphasized the need and role of urban informatics in transforming metropolises into smart cities.
Representatives from Iraq’s telecommunication ombudsman and mobile and landline operators are to visit Tehran Feb 2-5.
China-Iran Innovation Center was inaugurated on Wednesday in Chabahar Free Zone in southern Sistan-Baluchestan Province.
Afghan ICT Minister Shahzad gul Aryobi visited Tehran earlier in the week and discussed with his Iranian counterpart Mohammad Javad Azari Jahromi ways to expand ties in information and communication technologies.
Saying that Iran and Afghanistan should build relations in all possible fields, Aryobi said, “The Afghan government is keen on enhancing collaboration with Iran in the communications and technology sectors,” the Iran ICT ministry website reported.
“During my visit, I met with Iran’s private technology firms that have shown interest in and great potential for working with Afghanistan. I also toured the Telecommunication Infrastructure Company of Iran. It has extensive human resources and financial capabilities.”
Energy Minister Reza Ardakanian says the need to recycle and reuse wastewater is crucial to deal with the water crisis spreading rapidly across the provinces.
"The government has a clear policy to tackle the water shortage," Ardakanian said, adding that one effective approach is to stop tapping into the dwindling underground water tables and build as many wastewater treatment plants as possible to recycle not only industrial but also household wastewater.
Although water resources are finite and demand is growing, wastewater is a precious infinite resource.
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