Iran’ Minister of Petroleum has said: “Our oil reserves at the victory of the 1979 Islamic Revolution amounted to as estimated 88BN barrels. Today, however, with 50BN extracted barrels, we have over 160BN barrels of oil reserves.
The Research Center of Iran’s Islamic Legislative Assembly has recently published a report on oil forecasts for 2018-2019, announcing that Iran’s economic growth in 2019 will be negative. The Economist has also painted a bleak future for Iran in 2019. Nevertheless, Iran’s Minister of Finance has said that 2019 will not see a negative economic growth.
Iran's Finance Minister has reacted to the latest report by the Research Center of the Islamic Legislative Assembly, Parliament, which has predicted a negative economic growth for next year, by saying the report is not scientific.
The Association of Iranian Shoe Industry has announced a 46 percent rise in exports and a 72 percent drop in imports of shoes in the first nine months of the Iranian calendar year. He named Iraq and Afghanistan as the main export destinations of shoes from Iran.
Iranian experts have succeeded in winning a competition with the world’s leading engineering and technical companies for designing and supervising the project of building the largest hydroelectric power plant in Africa.
The Head of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) has announced that the Organization has been eliminating obstacles and paving the way for foreign investors.
The deputy managing director of Iran’s Ports and Maritime Organization (PMO) has rejected recent statements made by the secretary of Iran’s Shipping Association that Iranian ships are not allowed to berth in foreign ports.
The new Schiller album called “Morgenstund” which is fusion music recorded with Iranian musicians was released internationally in March this year. They have now started their tour in which Yalda Abbasi, Iranian woman musician, also plays the dotar.
A Russian affairs analyst in Iran believes: “The main addressees of Putin’s recent speech were Europe and the US. But, Russia will not take Iran’s side as tensions rise and, essentially, it is not in a position to help Iran.”