June 20, 2019
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June 20, 2019

TEHRAN- Over 730,000 tons of basic commodities have been unloaded at Iran’s largest container port, Shahid Rajaee, during the 80-day period from the beginning of current Iranian calendar year (March 21), Director General of Ports and Maritime Department of Hormozgan Province Allah-Morad Afifipour announced.

The official said that the goods were unloaded from 24 vessels, IRIB reported on Monday.


Central Bank of Iran Has High Hopes in OMO
June 20, 2019

T he highly touted monetary mechanism -- open market operation -- to regulate the interbank market, is getting the final touches and will be launched soon, said the governor of the Central Bank of Iran.

Speaking at a meeting with senior bankers on Tuesday, Abdolnasser Hemmati underlined the OMO’s role in controlling inflation and improving the interbank market.


NIMA supplies over €4.5b for imports of basic goods
June 20, 2019

TEHRAN- Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €4.564 billion for imports of basic goods since the beginning of current Iranian calendar year (March 21), IRNA reported on Wednesday.

As reported, the trend of offering foreign currency earned from exports in NIMA has been increasing in the recent weeks following the Central Bank of Iran (CBI)’s announcement of new policies on re-injection"...

Industry ministry outlines plans for improving productivity
June 20, 2019

TEHRAN – Iranian ministry of industry, mining and trade has outlined 35 plans covering seven major areas for developing the country’s industry and mining sectors, on the occasion of the National Day of Industry and Mining which is due on July 1.

As reported by IRIB, improving the business environment associated with the country’s industry, mining and trade sectors has been given significant attention in this planning and six specific"...

Water projects worth $166m being inaugurated in central Iran
June 20, 2019

TEHRAN – Eight water projects worth seven trillion rials (about $166.6 million) are being inaugurated in Isfahan Province, central Iran, by Energy Minister Reza Ardakanian during a three-day visit started on Wednesday, ILNA reported.

According to Ardakanian, in addition to the finished projects, the energy ministry has 207 projects worth 87 trillion rials (over $2 billion) underway across Isfahan province, some of which are just started and some"...

Iran, Azerbaijan to boost coop. in employment, entrepreneurshipsector
June 20, 2019

TEHRAN, Jun. 19 (MNA) – Islamic Republic of Iran and Republic of Azerbaijan will enhance bilateral cooperation in the fields of employment and entrepreneurship.

Iran is ready to transfer its technical knowhow and experiences to the Republic of Azerbaijan in the fields of employment and entrepreneurship.

Iranian Minister of Labor, Cooperatives and Social Welfare Shariatmadari"...

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