Saturday, September 30, 2023


Iranian speaker: BRICS’ equivalent of SWIFT can replace US-owned money transfer system 

Iran’s Parliament Speaker Mohammad Bagher Ghalibaf says BRICS has its own money transfer system which can replace US-owned SWIFT.  

Iran inaugurates power plant for industries in Isfahan’s Mobarakeh

Iranian President Ebrahim Raisi inaugurated a combined cycle power plant earlier on Friday in Isfahan’s Mobarakeh Steel Company as part of a larger plan to help industries generate the power they need and remove obstacles for production.

Iran, Pakistan agree to streamline border operations at Mirjaveh crossing

Iran and Pakistan have struck a deal to facilitate road transportation and border operations to ensure timely clearance of goods in order to increase the daily traffic movements through the shared Mirjaveh-Taftan border crossing at least four-fold.

Iran starts using newly-unblocked assets in Qatar

Tehran and Doha have agreed a mechanism that allows Iran to tap into funds recently unfrozen and deposited into bank accounts in Qatar as part of an agreement with the United States.

Iranian expert calls for resolving FATF-related concerns

An Iranian foreign policy expert says before pursuing India-Europe trade routes, Iran should resolve the issue of sanctions and addressing the FATF (Financial Action Task Force) concerns.

Iran Resumes flights to Azerbaijan and Armenia following peace agreement

The spokesperson for Iran's Civil Aviation Organization confirmed that flights between Iran and the Republic of Azerbaijan as well as Armenia have recommenced.

Persian Gulf Star Oil Company’s refining capacity rises to 455,000 barrels

Iran’s Persian Gulf Star Oil Company (PGSOC) in the southern Iranian port city of Bandar Abbas has increased its refining capacity from 36 thousand barrels at inauguration over six years ago to 455 thousand barrels, the company’s director said on Wednesday.

Saudi envoy calls for boosting petrochemical ties with Iran

The newly-appointed Saudi ambassador to Iran says the kingdom eyes expansion of petrochemical cooperation with Iran, according to the Iranian Oil Ministry.

Qatar confirms $6 bln in unblocked Iranian assets transferred to Doha

Qatar has confirmed that unfrozen Iranian funds worth $6 billion have been transferred to bank accounts in Doha, a source briefed on details of the matter told Reuters on Monday.

Iran stands firm on Arash gas field share in Persian Gulf

Iran’s oil minister, Mohammad Javad Owji reaffirmed Tehran’s commitment to its share in the Arash gas field in the Persian Gulf, vowing not to exceed the agreed-upon production levels.

Iranian VP urges G77+China members to join hands, tackle challenges through technology

Iranian Vice President for Science, Technology and Knowledge-based Economy Rouhollah Dehghani, who is in the Cuban capital Havana to take part in the G77+China Summit, called on the nations of the global south for further cooperation to move beyond selling raw materials and resources by shifting towards digital economy.

Tehran says capable of retaliating in kind against US over stealing Iranian oil cargo

Iran’s defense minister says the country is capable of acting in kind in response to the United States’ stealing of its crude oil.

US says Iran’s blocked funds to be transferred to Qatar ‘in coming days’

US State Department spokesperson Matthew Miller has stated that Iran's frozen assets will expectedly be transferred to the "final destination" in Qatar in the "coming days or so".

Iran oil prices rose by an average of $6.1 per barrel in August: OPEC

Latest figures by the Organization of Petroleum Exporting Countries (OPEC) show Iranian oil prices rose by an average of $6.1 per barrel in August.

President Raisi says Iran has authority on released assets

Iranian President Ebrahim Raeisi has stressed Tehran’s full authority on its recently-unblocked funds, saying it is the Islamic Republic that decides how to spend the funds and that the money will be spent "wherever we need it."

US issues sanctions waiver to allow transfer of Iran’s frozen funds abroad

The Biden administration has issued a blanket waiver for international banks to transfer six billion dollars in blocked Iranian assets from South Korea to Qatar with no concern about Washington's sanctions.

Iran’s oil exports to China hit all-time record in August: Report

Iran’s exports of oil to China hit a historic record in August despite Washington pressure on Tehran, according to a report published in the local media citing data from a major international energy data company.

Russia’s largest lender launches new service in Iran

Russia’s largest lender Sber is offering a new service that allows its clients to transfer money to Iran, the bank announced on Thursday.

Saudi Arabia, Russia extend oil supply cuts

Oil prices hit a new high for the year so far after Saudi Arabia and Russia — the world’s biggest crude exporters — announced they would extend output cuts by at least another three months.

Releasing Iran’s assets in South Korea opens new chapter in bilateral ties: FM

Iran's Foreign Minister Hossein Amirabdollahian has stated that a recent agreement reached to unblock the country’s frozen funds in South Korea will open a new chapter in the two country’s relations.

Iran exported over 3mn metric tons of food products in 5 months: Report

Iran has exported more than three million metric tons of food products in the first five months of the current Iranian calendar year (March 21-August 22), which shows a 19% increase in value compared to the same period last year, according to a report.

Russian-made combat-training Yak-30 jets apparently in Iran

Images have been posted on the cyberspace suggesting the Russian-made Yak-30 combat-training aircraft has been imported into the country and joined the Air Force.

Iran, Iraq launch construction of joint Shalamcheh-Basra railway project

Iran’s First Vice President Mohammad Mokhber and Iraqi Prime Minister Mohammed Shia’ al-Sudani have laid the foundation stone for the cross-border railway line connecting the two neighboring countries.

Iran’s oil output, exports jump despite US sanctions

Iran's oil output and exports rose in August despite US sanctions, consultants and companies that track tanker shipments have confirmed.

Iran, Russia ink deal on standardization of traded goods

Iran and Russia have signed a five-year cooperation agreement on the standardization of products traded between the two countries, in particular non-industrial goods and halal products, the Iranian Embassy in Russia has announced.

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