If the other party to negotiations on the revival of the 2015 nuclear deal is not willing to sign an agreement, Iran has other options on the table and is not empty-handed, a lawmaker said.
If the other party to negotiations on the revival of the 2015 nuclear deal is not willing to sign an agreement, Iran has other options on the table and is not empty-handed, a lawmaker said.
To preserve shrinking groundwater resources and use unconventional sources in Khorasan Razavi Province, an agreement has been signed between the National Water and Wastewater Engineering Company of Iran (Abfa) and Rokh Steel Company in Torbat Heydariyeh County, deputy managing director at the provincial Water and Wastewater Company said.
“The water company will annually supply 3.6 million cubic meters of reclaimed wastewater to the steelmaker,” Mousa Alavi was also quoted as saying by the Energy Ministry’s news portal Paven.
A 350-km sewage collection pipeline gathers all the effluent in the city and, after treating it, transfers the water to the steel mill through a 40-kilometer pipe, he added.
With the completion of the reconstruction and overhaul project of Tank No. 4 of the Bahregan region in Bushehr Province, the Iranian crude oil storage capacity in the Persian Gulf has increased by 500,000 barrels, managing director of the Iranian Offshore Oil Company said.
To curb the burning of mazut, an eco-unfriendly fuel, in Larestan Cement Factory in Fars Province, the complex was connected to the national gas grid on Sunday, managing director of Iran Gas Engineering and Development Company said.
“The plan, which entailed laying a 35-km 8-inch pipeline, is expected to supply the plant with 20 million cubic meters of gas annually,” Reza Noshadi was also quoted as saying by Energy Today website.
Thanks to the pipeline, burning mazut in the plant will be cut by 25 million liters per annum, he added.
The 27th International Exhibition of Ceramic and Tiles, Sanitary Ware and Related Industries is scheduled to be held from Jan. 19-22, 2023, at the Tehran International Fairground.
More than 90% of Iran’s greenhouse output are exported, according to the head of the National Greenhouse Builders Association.
Iran traded 11.32 million tons of goods worth $8.11 billion (excluding crude oil exports) during the fifth month of the current Iranian year (July 23-Aug. 22) to register a 10.6% and 25.4% rise in tonnage and value respectively compared with the similar month of last year, according to the spokesperson of the Islamic Republic of Iran Customs Administration.
Exports stood at 8.42 million tons worth $3.65 billion, registering an 11% and 18% year-on-year rise in weight and value respectively, Rouhollah Latifi was also quoted as saying by IRNA.
China was the biggest export destination of Iranian exports during the period, as it imported 2.26 million tons worth $1.1 billion to register a 1% YOY increase in value.
Tehran Chamber of Commerce, Industries, Mining and Trade is scheduled to host a 25-strong business delegation from Belarus this week.
The visiting delegation will comprise businesspeople active in a wide range of fields, including oil and petrochemicals, refinery, textile, pharmaceuticals, paper, forestry, paint, automobile tire, red meat, customs services, railroads, transportation and logistics, the news portal of Tehran Chamber of Commerce reported.
The two sides are due to hold a joint forum to explore ways of expanding bilateral commercial ties at 9:30 a.m. on Sept. 6.
Tehran is hosting the 14th International Floor Covering, Moquette, Machine-Made Carpet and Related Industries Exhibition.
“Leisure and culture”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating inflation, registered 31.6% in annualized inflation in the fifth month of the current Iranian year (July 23-Aug. 22).
The group’s Consumer Price Index stood at 568.5, indicating a 1.8% rise compared with that of the previous month.
According to SCI, its year-on-year inflation reached 31.4%.
The general annualized inflation rate in Iran was 41.5%, the Statistical Center of Iran announced in a new report released on Tuesday.
The Supreme Audit Court of Iran, the supervisory arm of the Iranian Parliament, has released its budget monitoring report for the first four months of the current fiscal year (March 21-July 22).
The periodic report provides information on financial flows and programs implemented by the government to achieve the goals and targets set in the 2022-23 Budget Law.
According to the new report, revenues and expenditures during the period achieved 62% and 66% of their respective budget targets.
During a visit to the Central Bank of Iran on Sunday, President Ebrahim Raisi emphasized the monetary and banking mandates of the CBI.
Raisi reiterated the “significant role of the central bank in managing financial resources and reforming the banking sector”.
After a briefing on the CBI performance by the governor, Ali Salehabadi, the president spoke about the role and responsibility of the regulator.
More than 586,000 checks bounced in the fourth Iranian calendar month to July 22, down 8.4% on the month before.
The checks were worth 345 trillion rials ($1.2 million), indicating 7.7% decline in value on a monthly basis, the Central Bank of Iran reported.
In terms of volume and value, bad checks accounted for 9.3% and 10.4%, respectively, of all drawn checks in the month.
An estimated 3.71 billion retail transactions were processed by the domestic electronic payment network Shaparak in the fifth month of the calendar year to August 22.
These were worth 6,762 trillion rials ($22.46 billion) – down 1.46% in volume and 1.38% in value on the month before, the company in charge of supervising and maintaining the network said on its website.
Transactional value jumped 25.9% on the same month last year when 3.16 billion transactions worth 5,368 trillion rials ($17.83 billion) were processed. In volume terms it was up 17.52% y/y.
Tehran’s share market registered another uneventful session Sunday as the benchmark of Tehran Stock Exchange, TEDPIX, closed near the flatline.
Paring some of early-hour gains, the market cap-weighted TEDPIX ended barely 32.82 points higher to end trade at 1,426,908.
Like most past sessions, small caps outperformed and pushed up the TSE’s equal-weighted index by more than 0.2%.
A domestic knowledge-based company has developed a calibrator that can compete with foreign counterparts in terms of both quality and price.
Calibration is the process of adjusting a device to meet the manufacturer’s specifications while conforming to international standards. Calibrators vary in form and function, depending on the devices and equipment they are designed to regulate.
According to a member of the Board of Directors of Behrad Sazan Parse Shiraz Company, the criteria measured by the high-quality domestic calibrator are traceable measurement standards.
“The purpose of calibration is to control the precision of the metrological parameters of testing and measuring devices and equipment,” Hossein Bostani was also quoted as saying by the Vice-Presidency for Science and Technology.
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