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Iran launches three major oil projects

Iran has launched three major oil projects with an investment amounting to $1.25 billion as the country presses ahead with plans to expand its massive energy sector.

Energy

We have capabilities to make sanctions ineffective: Leader

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has described the illegal sanctions the United States has imposed on Iran with the support of its European partners as a “bitter reality” and a “crime” against the nation.

Society Economy

Sanctions hamper anti-virus fight in developing countries: Iran

Iran’s permanent representative to Vienna-based international organizations has expressed concern about the effects of unilateral sanctions on developing countries’ fight against the coronavirus outbreak, underlining the need for a coordinated global response to the pandemic.

Society Economy

Iran launches 13 major road, airport projects

Iranian President Hassan Rouhani has inaugurated 13 major road and airport projects with a government investment of nearly $121 million.

Transportation

Iran-Europe trade at $8.8 billion in 7 months to October

Iran’s customs office (IRICA) says trade with countries in Europe, including Turkey, reached nearly $9 billon in seven months to late October.

Trade

Iran plans to export gas to Afghanistan

National Iranian Gas Company (NIGC) says the country has a plan in place for launching gas exports to neighboring Afghanistan. Gas exports to Afghanistan would be commissioned to private contractors.

Energy

Iran brings desalinated water from Persian Gulf to Kerman

Iran has launched a mega project for transferring desalinated sea from the Persian Gulf in southern Hormozgan province to water-intensive industries in southeastern province of Kerman.

Agriculture and Environment

Iranian health staff get $200m in extra wages amid pandemic

The Iranian government has paid nearly $200 million in extra wages to health workers amid the spread of the coronavirus pandemic as a third wave of the disease is pushing hospitals in the country to the brink.

Society Economy

Iran bans trawling in southern waters for 2 years

The Iranian parliament says bottom trawling in southern Iranian waters would be banned for the next two years amid rising concerns about environmental harms caused by the intensive fishing activity.

Agriculture and Environment

India removed from Iran’s Farzad B gas field project: Report

A report published by an Indian newspaper suggests Iran is no longer interested in having Indian firms involved in one of its major natural gas development projects.

Energy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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