President Ebrahim Raeisi on Thursday instructed his administration to launch a pilot program that restricts the access of unvaccinated people to public services in one province.
President Ebrahim Raeisi on Thursday instructed his administration to launch a pilot program that restricts the access of unvaccinated people to public services in one province.
The construction of Gachsaran Petrochemical Complex in Kohgilouyeh-Boyerahmad Province has registered 87% progress, the oil minister said.
“One of the advantages of the project is that 78% of the parts and equipment used in the plant are made by domestic manufacturers,” Javad Owji was also quoted as saying by the Oil Ministry’s news agency Shana.
“The complex will receive ethane as its feedstock via an ethane pipeline that comes from Bidboland Gas Refinery in the Persian Gulf,” he added.
Oil fell below $78 a barrel on Friday on the prospects of OPEC+ producers stepping up a planned increase in output to ease supply concerns, although crude remained in sight of a three-year high reached this week.
The National Iranian Gas Company is ready to renew its gas export contract with Iraq.
Majid Chegeni, the managing director of state-owned company, made the statement in a meeting with visiting high-ranking Iraqi energy officials in Tehran on Thursday, IRNA reported.
“Apart from our deep-rooted cultural and religious relations, we have strategic links with Iraq and strengthening energy ties with the Arab neighbor is of great importance,” he said.
Natural gas pipe-laying operations are underway nationwide to connect far-flung small towns to the national grid, managing director of the state-owned National Iranian Gas Company said.
“Gas pipeline network will extend by 1,700 kilometers by March 2022, after development projects are completed in Kohgilouyeh-Boyerahmad, Khuzestan, Gilan, Hormozgan and Qom provinces,” Majid Chegeni was also quoted as saying by the Oil Ministry’s news agency Shana.
Supplying gas to underprivileged areas is on the company’s agenda and the gas network will cover more subscribers in faraway rural regions, he added.
The Education and Human Resources Institute (ITECC), affiliated with the Tehran Chamber of Commerce Industries, Mines and Agriculture, is scheduled to hold eight specialized business courses in autumn.
A total of 20.74 million tons of crude steel and steel products were produced in Iran during the first five months of the current fiscal year (March 21-Aug. 22), registering an 8.67% decline compared with 22.71 million tons in the corresponding period of last year, according to latest data released by the Ministry of Industries, Mining and Trade.
Crude steel production stood at 10.88 million tons during the period, registering a 6.8% year-on-year decline.
Iranian steelmakers produced 9.86 million tons of steel products during the same period, 10.6% less YOY.
The decline in production is the upshot of blackouts and power supply restrictions of the past few months.
The growth in Consumer Price Index in the sixth month of the current Iranian year (Aug. 23-Sept. 22) was the highest (5.3%) in Yazd Province compared with the month before.
According to data released by the Statistical Center of Iran, Qom Province posted the lowest month-on-month inflation of 1.8% last month.
The overall CPI, using the Iranian year to March 2017 as the base year, stood at 351.1 in the same month, indicating a 3.9% rise compared with the previous month.
West Azarbaijan’s goods and services consumer inflation registered a rise of 53.7% during the month ending Sept. 22 compared with the similar month of the year before, the highest among all provinces. The year-on-year CPI growth was the lowest for Hamedan with 38.8%, compared with that of other Iranian provinces. The overall goods and services CPI in Iran registered a year-on-year increase of 43.7% in the same month.
President of Tehran Chamber of Commerce, Industries, Mines and Agriculture Masoud Khansari recently tweeted that Iranians’ investments in Turkish property market are growing because of Iran’s runaway inflation, lack of a clear economic outlook and poor state of investment.
Iranians purchased 4,600 homes in Turkey during the first eight months of 2021 to top the list of foreign property buyers.
Latest figures released by Turkish Statistical Institute indicate a 20.79% growth in the number of housing units purchased by Iranians during the period, compared with the previous year’s 3,808 housing units.
The number is also the highest, compared with the corresponding period of the previous years.
Iran’s unemployment rate, the proportion of jobless population of ages 15 and above, stood at 9.6% in the second quarter of the current Iranian year (June 22-Sept. 22), indicating a 0.1% decline compared with the same period of last year.
According to a new report by the Statistical Center of Iran, a total of 2,496,086 Iranians were unemployed in Q2. Men’s unemployment stood at 8.1% while the rate for women hovered around 17.7%.
Over 1.74 million men and 751,239 women of ages 15 and above were jobless in Q2.
The unemployment rate was 10.7% for urban areas (2.08 million people) and 6.5% for rural areas (411,930 people)...
The CEO of Tehran Stock Exchange Ali Sahraee submitted his resignation after unregistered cryptocurrency mining equipment was discovered in the TSE premises.
Most Iranian insurance companies managed to improve to level 1 in the fiscal 2020-2021 fiscal year, the Central Insurance company of Iran reported.
According to Risknews, except for Asmari Insurance Company, with a level 2 rate, all others were ranked in level 1, which means the companies are capable of meeting their financial commitments to policyholders.
The CII has compartmentalized insurance firms into different levels wherein higher levels indicate weaker solvency. Rankings are set depending on the key metric, the Solvency Margin Ratio (SMR). The metric is the capability to cover exposed risks.
Air quality monitoring stations in the Tehran metropolis showed that its residents inhaled more clean air in September compared to a month ago, as ozone pollution waned.
According to Tehran Air Quality Control Company, mostly “moderate” status dominated the month, keeping Air Quality Index between 51 and 100.
The index categorizes conditions dictated by a measure of polluting matters into good (0-50), moderate (51-100), unhealthy for sensitive groups (101-150), unhealthy (151-200), very unhealthy (201-300) and hazardous (301-500).
Pollutants pushed the API to the “unhealthy” threshold for the sensitive group in the remaining six days. Children, pregnant women, cardiovascular and respiratory patients and the elderly form the group.
A French court Thursday imposed a one-year sentence on former president Nicolas Sarkozy after finding him guilty of illegal campaign financing for massive overspending on his 2012 re-election campaign. Sarkozy's lawyer said he would appeal. The verdict came six months after he was found guilty of corruption in a separate trial.
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