Real-Estate Agents’ Commission Halved
The real-estate agents’ commission in Tehran has been reduced from 1% to 0.5%. As per the decision of Industries, Mining and Trade Organization of Tehran Province, realtors are allowed to ...
Coronavirus: Iran’s exports to Kuwait drop 40%
The Chairman of the Iran-Kuwait Chamber of Commerce Hani Faisal told that Iran's total exports to Kuwait had dropped by 36-40 percent. Speaking to ILNA news agency, the Iranian official ...
Tehran, Doha confer on linking power grids through sea
Iranian Energy Minister Reza Ardakanian and Qatari Minister of State for Energy Affairs Saad Sherida al-Kaabi held an online meeting to discuss linking the two countries’ electricity grids via the ...
Iran, Russia, Kazakhstan and Turkmenistan facilitate shipping in Caspian Sea
A Memorandum of Understanding (MoU) was signed between the Ports and Maritime Organization and one of the foreign shipping companies operating in the Caspian Basin, according to which Ro-Ro vessels ...
Iran must reach 8.5 mbd of oil output: Adviser to Leader
The top economic adviser to the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said the oil output in the country should meet a target of 8.5 million barrels ...
Industrial Investments Hit $4.3 Billion in Four Months
Atotal of 1.19 quadrillion rials ($4.39 billion) worth of investments are estimated to have been made in industrial units with establishment permits during the first four months of the current ...
Academia and NIOC Sign R&D Contracts
The National Iranian Oil Company has signed contracts with 13 top universities for oil and gas discovery. The contracts were signed in the presence of Bijan Namdar Zanganeh, the oil ...
Iranian refinery project nominated for global energy sector award
Iran’s Bid Boland Gas Refinery project in southwestern Khuzestan Province has been nominated for the International Project Management Association (IPMA)’s Global Project Excellence Award at the energy sector. The project, ...
Work to begin soon on linking Iran power grid to Russia, Azerbaijan: Report
Iran, Russia and Azerbaijan are close to starting work on a project to link their power systems, as Tehran seeks greater access to regional energy markets to export its surplus ...
Iran’s five-month steel ingot output tops 9.6m tons
Iran produced over 9.6 million tons of steel ingots in the first five months of the current Iranian year (March 20-August 21), showing a 19 percent increase compared to related ...

