Iran is slated to receive 60 million shots of Covid-19 vaccines over the course of October and reach its target of securing 140 million vaccine doses by this month’s end.
Iran is slated to receive 60 million shots of Covid-19 vaccines over the course of October and reach its target of securing 140 million vaccine doses by this month’s end.
The Permanent Mission of the Islamic Republic to the United Nations censured the US for imposing inhumane restrictive measures against Iran especially during the Covid-19 pandemic, saying the illegal sanctions have deprived the country of its right to have access to vaccines at the appropriate time.
Iran censured Bahrain’s welcoming of Israeli Foreign Minister Yair Lapid to Manama, saying the move amounts to a betrayal of the oppressed Palestinian people.
Former deputy foreign minister Abbas Araqchi was appointed as secretary of the Strategic Council on Foreign Relations by head of the think tank, Kamal Kharrazi.
The volume of water in Urmia Lake at the end of the previous water year (September 2020), according to the data released by the Iran Water Resources Management Company, has reached 2.73 billion cubic meters, which shows a decrease of 42% compared to the earlier water year.
The current volume of water in the lake is 2 bcm less than the same time of last year, the Energy Ministry’s news website Paven reported.
The decline in the lake’s water is largely due to the lack of precipitation in the last water year, which was one of the driest in the past 50 years.
The number and capacity of transformers and power substations have increased in proportion to the rise in electricity generation, a deputy manager at the state-affiliated Power Generation, Distribution and Transmission Company (Tavanir).
“The capacity of transmission and distribution substations has reached 173,000 megavolt amperes and 119,000 MVA respectively,” Hashem Alipour was also quoted as saying by ISNA.
“Iran's installed power generation capacity is 85,000 megawatts and the national power grid is equipped with 7,000 transformers, including distribution, step-up, step-down, medium and large gas-insulated equipment, whose capacity has exceeded 290,000 MVA,” he said.
“Iran has achieved self-sufficiency in the production of transformers and companies like Iran Transfo export their products to Asian and African countries.”
Two of Big Oil’s biggest players dropped their long-term energy outlooks this week: French energy company TotalEnergies and the Organization of the Petroleum Exporting Countries.
The construction of Tang Sorkh Dam in Yasouj, capital city of Kohgilouyeh-Boyerahmad Province, is expected to be completed by the end of the next Iranian year (March 2023), the energy minister said.
The Economic Cooperation Organization’s Istanbul-Tehran-Islamabad (ITI) road transportation corridor has become operational.
Two truck shipments reached Iran’s Mirjaveh border crossing in the southeastern Sistan-Baluchestan Province from Pakistan’s Karachi on Thursday, according to the spokesman of the Islamic Republic of Iran Customs Administration.
“The two consignments, one containing tires and the other textiles, are being transported under TIR Carnets [TIR convention] to Istanbul,” Rouhollah Latifi was also quoted as saying by IRNA.
A total of 1,945,421 tons of wheat were unloaded from 122 vessels at Iranian ports during the first half of the current fiscal year (March 21-Sept. 22), according to Farhad Montasar-Kouhsari, the deputy head of Ports and Maritime Organization.
Stressing that imports of wheat are carried out mainly through maritime transport, the official noted that about 1.8 million tons of wheat are expected to be imported via ports in the month ending Oct. 22.
Iran’s tourism industry has suffered 320.94 trillion rials ($1.14 billion) in losses due to the Covid-19 pandemic as of February 2020 until the spring of the current fiscal year (started March 21), a new report by Iran Chamber of Commerce, Industries, Mines and Agriculture said.
Accommodations (hotels, guesthouses, etc.) suffered the highest losses worth 284.43 trillion rials ($1 billion), accounting for 88.6% of all losses in the tourism industry.
Travel agencies followed with 10.83 trillion ($38 million), amounting to 3.4% of total losses.
Iranian hotels have suffered over 200,000 billion rials ($714 million) in losses during the coronavirus pandemic, according to the president of the Iranian Hoteliers Society.
Iranian airports' domestic passenger traffic saw a year-on-year growth of 19% during the first five months of the current Iranian year (March 21- Aug. 22), as 9.99 million passengers used Iranian airlines during the period, new data released by Iran Airports Company show.
Takeoffs and landings posted a 41% YOY growth to 129,464.
Over 80.1 million tons of cargos were shipped during the period under review, 34% higher YOY.
The average goods and services Consumer Price Index of “clothing and shoes” in the 12-month period ending Sept. 22, which marks the end of the sixth Iranian month of the fiscal 2021-22, increased by 51.1% compared with last year’s corresponding period.
According to the Statistical Center of Iran, with a coefficient of 4.78%, the CPI of the group stood at 406.5 in the month to Sept. 22, indicating a 2.8% increase compared with the month before.
The “clothing and shoes” index registered a year-on-year increase of 53.9% during the month under review.
The Central Bank of Iran says it has plans to further increase the repatriation of foreign currency by exporters, noting that it is not too concerned about meeting forex demand.
"The integrated forex market is capable of meeting the demand for currency under normal conditions, including the demand for cash.
Besides, the CBI is ready to intervene in the market and control rates when demand grows abruptly," Shiva Ravashi, the CBI director of foreign exchange operations and commitments was quoted as saying by the bank's website.
The vice president for economic affairs on Saturday announced the government’s plan of action to “facilitate exports and improve import management.”
Mohsen Rezaee communicated the provisions of the plan to the relevant organizations, the Central Bank of Iran and the industries and economy ministries.
The plan, among other things, seeks to augment foreign currency revenue by boosting non-oil export, find new export markets, improve foreign trade with a focus on neighboring countreis and facilitate import of basic goods.
Tehran stocks opened trading week on Saturday on upbeat mode as promising half-yearly reports of companies shifted investors’ attention to commodity stocks.
The benchmark of Tehran Stock Exchange, TEDPIX, gained 36,496 points or 2.54% for the day to end trade at 1,473,480.14.
Prices of most refinery, petrochemical and mineral shares pushed up the TSE-30 index by 3.5%, indicating that the rally was led by large caps. TSE-30 Index tracks the performance of top 30 companies in terms of market cap.
Following in the footsteps of Tehran, major Iranian cities such as Karaj, Tabriz and Yazd are establishing technology centers, which are expected to boost their startup ecosystems.
In Karaj, the provincial center of Alborz, tech officials are planning to launch an innovation center, specializing in waste treatment, in the province’s Science and Technology Park, IRNA reported.
Mehdi Abbasi, the tech park's director, stated that efforts are underway to transform the 100-hectare park into a national hub of several tech fields, including waste management and treatment, which is a major challenge for urban planners.
“We are inviting professionals and waste treatment technology companies to establish a complete chain of know-how and operation in the park to increase self-reliance and productivity in the field,” he added.
The official stated that the planned innovation center in the park can offer professional consultancy in different urban sectors and provide training to the general public, pointing out that several thinking room sessions will be held in the near future to discuss the details of the waste treatment project.
“The waste treatment hub can help implement innovative projects in the targeted field,” he added.
Prospective Japanese prime minister Fumio Kishida plans to create a new ministerial post for economic security, sources familiar with the matter said Saturday.
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