Health Minister Saeed Namaki said on Tuesday daily deaths caused by the coronavirus pandemic have dropped by 40% in the past three weeks, as tightened safety measures and increased public cooperation have slowed transmission rates.
Health Minister Saeed Namaki said on Tuesday daily deaths caused by the coronavirus pandemic have dropped by 40% in the past three weeks, as tightened safety measures and increased public cooperation have slowed transmission rates.
Health Minister Saeed Namaki said on Tuesday daily deaths caused by the coronavirus pandemic have dropped by 40% in the past three weeks, as tightened safety measures and increased public cooperation have slowed transmission rates.
Bu-Ali Sina Petrochemical Company in Mahshahr, Khuzestan Province, is moving ahead with two projects to produce higher value-added products, the managing director said.
The projects include construction of a paraxylene production unit, and sweetening light naphtha to produce raffinate and liquefied petroleum gas, the Oil Ministry news agency Shana reported Seyed Mohammad Ahmadzadeh as saying.
Paraxylene is an aromatic hydrocarbon, widely used as feedstock to produce industrial chemicals.
Oil prices eased on Friday but were set for a sixth week of gains, as the rollout of novel coronavirus vaccination programs fed hopes that demand for fuel would rebound next year.
Compressed natural gas sales reached 21 million cubic meters per day in the first half of the current Iranian calendar year (March to Sept.). The figure shows 10% growth compared to the same period in 2019 when sales were 19 mcm/d, IRNA reported.
The share of CNG in the national fuel mix was less than 16% in 2018 but jumped 50% in the last eight months to reach 24%.
“CNG consumption is expected to climb to 30 mcm/d in two years as the plan to convert 1.4 million gasoline-powered vehicles (pickup trucks, taxis and vans) to CNG hybrids is making progress,” Mohammad Hossein Baqeri, head of CNG department at the state-run National Iranian Oil Products Distribution Company said.
Iran is home to 134 chicken hatcheries, of which 120 are active and 14 inactive, a new report by the Statistical Center of Iran shows.
Trade between Iran and 27 member states of European Union stood at $3.54 billion during the first eight months of the current Iranian year (March 20-Nov. 20), indicating a 23.5% decline compared with the same period of last year.
According to the latest statistics released by Iran’s Customs Administration, $323.45 million worth of non-oil goods were exported to EU member states during the eight months under review. The figure is 28% lower than the previous year’s $452.8 million.
Germany alone accounted for 41% of EU’s imports from Iran during the eight-month period. A total of $131.4 million worth of non-oil products were shipped to Germany from Iran, indicating a 14% increase year-on-year.
The railroad connecting Iran and Afghanistan was inaugurated by Iranian President Hassan Rouhani and his Afghan counterpart Ashraf Ghani on Thursday via videoconference.
“Today marks an unforgettable day in [the two nations’] history,” Rouhani said following the opening ceremony.
The Afghan president hailed the joint railroad as a “vital and historic” project.
“This project is a result of tireless efforts by both countries, despite all restrictions,” he was quoted as saying by Afghan business news portal Wadsam.
In his speech, Ashraf Ghani added that he had hoped to attend the inauguration in person, but due to Covid-19 restrictions, he was unable to do so.
A total of 2.72 quadrillion rials ($10.66 billion) worth of investment were made in industrial units with establishment permits, while projects with operating licenses are estimated to have received 511.95 trillion rials ($1.97 billion) in the first seven months of the current Iranian year (March 20-Oct. 21).
Investment volumes in units with establishment permits and operating licenses show a respective growth rate of 48% and 105.2% compared with the similar period of last year, the latest report released by the Ministry of Industries, Mining and Trade shows...
IranAir, the country’s national flag carrier airline, will operate once-weekly round-trip flights from Tehran to Ankara, after they have been suspended for months due to the outbreak of coronavirus.
The Governor of the Central Bank of Iran says importing the Covid-19 vaccine is more complicated than procuring other medical needs.
Abdolnasser Hemmati said the problem is largely about the method of payment, which is easier for buying pharmaceuticals.
"Paying for the coronavirus vaccine has its own difficulties. [Unlike other medicine], there are not many vaccine producers," he was quoted as saying by the semi-official Tasnim News Agency.
"If we insist on buying from a reliable company payment has to be via specific channels that the US sanctions do not allow and need permit from the Americans," the senior banker said, noting that such restrictions do not always apply to importing normal pharmaceuticals.
The Majlis Research Center has looked into the performance of banks in the first quarter of the current fiscal year (March 20- June 21).
It covers, among other things, issues related to transparency and disclosure of financial information, credit risks, profits and the mountain of non-performing loans.
Regarding financial conduct, the parliamentary think-tank said the capital account of banks and credit institutions was negative at -620 trillion rials ($2.4 billion) in Q1 reflecting weak balance sheets.
The new law governing check transactions will be implemented in phases to facilitate a smooth transition, the Central Bank of Iran said.
Groundwork for executing the check law is ready, the CBI public relations website said, adding that the gradual process would “minimize the challenges and possible negative impact on businesses.”
It was announced earlier that the new check law would be enforced on Dec.12. But the CBI apparently prefers a phased out procedure on the premise that the public is not yet prepared to adjust with the new rules.
Iran’s Ministry of Information and Communications Technologies has established over 80% of the infrastructure of the National Information Network, a deputy ICT minister says.
During a Wednesday meeting on the ministry’s performance, Deputy ICT Minister Hamid Fattahi said, “NIN’s components include infrastructure, cyber policies, platforms, ecosystem and content. The development of each helps the completion of NIN project,” IRNA reported.
NIN was launched in August 2016 as an alternative and independent network with content compatible with Islamic values to facilitate Iranian users’ access to indigenous content.
“National Information Network’s infrastructure has been developed by up to 80%, through the expansion of fiber optic connections, establishment of communication stations and towers, and a surge in the number of data processing racks and datacenters,” Fattahi added.
Cuba will end its decades-old dual currency system and have a single unified exchange rate of 24 pesos per dollar from January, Cuban President Miguel Diaz-Canel said.
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