October 18, 2019
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October 17, 2019

TEHRAN – Chabahar Free Zone Organization plans to develop tourism infrastructure in order to attract more travelers to the port area, which is situated in Iran’s southeastern Sistan-Baluchestan province.

The private sector has invested 10 trillion rials (about $240 million) to implement nine projects to boost tourism infrastructure, particularly for building hotels, recreational facilities, eateries and accommodation places across the region,"...




SCI Signs MoU With Nomadic Affairs Organization
October 17, 2019

T he Statistical Center of Iran has signed a memorandum of understanding with the Nomadic Affairs Organization.

Signed on Tuesday, the agreement involves the exchange of information and statistics about nomadic communities in Iran, SCI reported on its website.

According to Shapour Alaei-Moqaddam, the deputy head of Nomadic Affairs Organization, nomads in Iran produce more than"...

Pharmaceutical Imports From South Korea Halt
October 17, 2019

E xports of pharmaceutical and their raw materials from South Korea to Iran have come to a halt, according to Gholamhossein Mehralian, an official with Iran Food and Drug Administration

South Korea has been a major supplier of pharmaceutical products for Iran, prior to the latest round of US sanctions following Washington's unilateral withdrawal from the international Iran nuclear deal last year.

According"...

CGT bill to be submitted to cabinet in a week
October 17, 2019

TEHRAN- Capital gains tax (CGT) bill will be submitted to the cabinet by the end of the current Iranian calendar month of Mehr (October 22), or at most in the first half of the next calendar month of Aban, Iranian deputy finance and economic affairs minister told Mehr news agency on Wednesday.

Mohammad-Ali Dehqan Dehnavi said, “National Tax Administration has delayed preparing the mentioned bill for two weeks; and now we are trying in the ministry"...

Iran plans to hand over major auto makers to private sector
October 17, 2019

TEHRAN – Iranian Industry, Mining and Trade Minister Reza Rahmani said his ministry is planning on handing over the country’s major auto makers to the private sector, IRIB reported.

“Automobile manufacturing companies are not going to be awarded to any real entity, but we are considering handing them over to the private sector,” the minister told reporters on the sidelines of a cabinet meeting on Wednesday.

Pointing"...

Intl. Iran Downstream Show slated for Feb. 2020
October 17, 2019

TEHRAN – The first international exhibition of Iranian oil, gas and petrochemical industries downstream sector (Intl. Iran Downstream Show) is going to be held during February 2-4, 2020 at Tehran Permanent International Fairgrounds, Shana reported.

As reported, the first meeting of the exhibition’s policy-making council was held on Tuesday in which representatives of private oil, gas and petrochemical companies, Iran and Tehran chambers"...