Iran’s Persia Oil and Gas Industry Development Co. signed a $463 million agreement with state-run National Iranian Oil Co. to operate and further develop Yaran oil field close to the border with Iraq in the southern Khuzestan Province.
A total of 3,000 nurses and other healthcare workers will be employed by the Iranian government in its efforts to tackle the coronavirus pandemic.
The Ministry of Industries, Mining and Trade has banned the export of eggs to curb the price hike in domestic market.
Iran’s energy minister says the country has plans to launch new desalination projects to supply 17 provinces with desalinated water from the sea.
Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) plans to set up a special committee to monitor procedures involved in repatriation of export earnings to the country that has become a hot button issue on the foreign trade landscape.
Direct flights between the southern Iranian city of Shiraz and the Emirati city of Sharjah have resumed after a four-month gap due to the coronavirus pandemic.
The production of protective masks in Iran has surged to reach nearly 2.5 million per day amid the country’s efforts to battle against the novel coronavirus.
Iran’s exports to Kuwait continue to suffer from Saudi Arabia’s pressures on its neighboring country, the head of Iran-Kuwait Joint Chamber of Commerce says insisting that Tehran should counter the move.
The National Iranian Gas Company (NIGC) says its exports of natural gas surged by more than a quarter in the calendar year ending March 2020.
Iran has officially launched a $1.8 billion oil pipeline project which will provide the country with an alternative route for crude oil exports that are currently transferred through the Strait of Hormuz.