Energy Economy

It is increasing the limit from £50.000 to £200.000 per organisation.

Minister of Industry. Mine and Trade Reza Rahmani voiced Iran’s readiness to give special incentives for participation of foreign investors in the country’s various industries and mining sector.

The Food and Agricultural Organization of the United Nations (FAO) in collaboration with the Department of Environment of the Islamic Republic of Iran (DOE) held the Inception Workshop of the Green Climate Fund (GCF) Readiness Programme.

In the mining sector alone. there is a capacity of over 50 billion tons of minerals in Iran ready to be extracted.

Central Bank of Iran’s forex market will be inaugurated later than the predetermined date i.e. August 12. 2019. an official from the central bank (CBI) said.

The Iranian government ratified a new set of regulations to allow cryptocurrency miners continue their business in Iran within a legalized framework which prevents unfair consumption of subsidized electricity.

All the five littoral states have been trying to reach a solution on the issue.

The Iranian government has approved to revalue its rial tenfold and revert to the currency’s old name. the toman. the Fars news agency reported.

MSU has close cooperation with Roscosmos State Corporation for Space Activities.

It has been designed to transport up to 2.6bn cubic meters of natural gas a year to the national transmission network from 2021.