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Iran posts 5.1% economic growth for second quarter of fiscal year
Feb 07, 2021 02:58Iran’s economy showed a robust growth in the quarter to late September despite pressures of the US sanctions and the spread of the coronavirus pandemic, according to new data by the Central Bank of Iran (CBI).
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Iran Central Bank to launch contactless payment system using mobile phones
Feb 07, 2021 02:49Central Bank of Iran (CBI) is working on a project to enable contactless payments in shops and stores as it seeks to reduce costs to users and banks in the country.
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Pres. Rouhani launches 5 major metals, manufacturing projects
Feb 05, 2021 03:15President Hassan Rouhani has inaugurated five major metals and manufacturing projects amid efforts by his administration to diversify the economy away from oil and create permanent jobs for the country’s youth population.
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India to resume crude imports from Iran if US bans eased: Oil company chief
Feb 04, 2021 13:18Chairman of India’s state-run Hindustan Petroleum Corp suggests that the country would not hesitate to resume crude imports from Iran once the United States eases its illegal sanctions on Tehran and allows shipments be purchased by Indian refineries.
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Iran plans to diversify export markets for knowledge-based products: Vice president
Feb 01, 2021 09:46Iranian Vice President for Science and Technology Sorena Sattari said the country is seeking to expand markets for export of products developed by domestic knowledge-based companies.
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Iran’s economic, health plans yielding results: President
Feb 01, 2021 05:11The Iranian nation’s resistance and the administration’s efforts have defeated the pressures as signs of success in economy and the health sector are obvious, President Hassan Rouhani said.
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Iran’s electricity output capacity at 85 GW with launch of new power plant
Feb 01, 2021 03:10Iranian President Hassan Rouhani has inaugurated a series of new energy projects as the country’s total capacity for electricity generation in non-renewable sector exceeds 85 gigawatts (GW).
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Speaker: US must prove commitment to JCPOA, lift sanctions
Jan 31, 2021 12:17Majlis Speaker Mohammad Baqer Qalibaf said that instead of setting preconditions for returning to the JCPOA, the administration of US President Joe Biden must first prove its commitment to the nuclear deal by offering a roadmap to the removal of unilateral sanctions imposed on Tehran.
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Iran eyes 40% surge in copper output by 2024
Jan 31, 2021 03:53Iran aims to significantly increase its copper production capacity to respond to a growing international demand for the precious metal, says a senior industry official.
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Iran's Zarif: US carrot-and-stick policy not effective anymore
Jan 29, 2021 03:08Foreign Minister Mohammad Javad Zarif says the United States’ former means of trying to bend other nations to its will is not effectual anymore due to the unreliability of the course of action.