Iran will undertake a new measure to contain foreign-backed shocks against its economy with operationalizing the long-anticipated initiative of Integrated Currency Market by mid-August.
Read More »AMP Clean Energy and the University of Birmingham to Develop Ground-Breaking Heat Storage Solution
New heat storage system will store heat in a quarter of the space of conventional systems. Businesses will be provided with cheaper heat for 20 years. Flexible generation plants which transmit the heat will be 90% efficient.
Read More »First Subsea to Undertake Kincardine Wind Connection
The Kincardine Offshore Floating Wind Farm project will use First Subsea to undertake platform mooring connection work. off the coast of Aberdeen.
Read More »Independent Oil and Gas Agrees Landmark North Sea farmout
Independent Oil and Gas (IOG) has agreed to sell 50% of its southern North Sea assets. excluding the Harvey licences. to CalEnergy Resources.
Read More »Climate Change More Important Than Brexit
round 61% of people believe the government isn’t doing enough to prioritise climate change.
Read More »Future Will Be Clean. Green and Prosperous
Boris Johnson said the UK would lead the world in delivering the 2050 net-zero target and promised the UK would be the home of electric cars and planes
Read More »Iran Says Foreign Plots to Devaluate Currency Defused
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati boasted his country’s victory in thwarting foreign-backed economic conspiracies against Tehran. stressing that the plots to devaluate the national currency of rial have effectively failed.
Read More »Iran’s Economy Signaling Strength
A new report is showing that the month-on-month inflation rate in Iran is curbing. while at the same time the country’s national currency is regaining lost value against the US dollar.
Read More »Iranian Parts Maker Indigenizes Air Bag Tech. after US Sanctions
A giant Iranian auto-parts maker announced that it has acquired the technology behind manufacturing the airbag control unit (ACU) after US-led pressures on car makers obstructed the country’s ability to import high-tech parts needed.
Read More »Saudi Arabia Looking for Partners for Megatourism Project
Saudi Arabia is in talks with regional and global investors for its first mega entertainment and sports city that’s being developed as part of the kingdom’s plans for life after oil.
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