Archive For August 28, 2016

Switzerland’s Vitol to buy Iran, Russia swap oil

Switzerland’s Vitol to buy Iran, Russia swap oil

An oil official has announced that Vitol S.A. of Switzerland is likely to purchase Russian crude to be swapped through Iran’s largest oil terminal in the Caspian Sea. Despite the seven-year hiatus in oil swaps among Caspian Sea littoral states through Iran’s route, the process has not been resumed yet though negotiations are still underway…

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Sweden, Iran to open joint hospital

Sweden, Iran to open joint hospital

A health and social care delegation of Iran headed by Nourbakhsh, the CEO of the Social Security Organization of Iran, met with Swedish officials of health area in Stockholm. Seyyed Taghi Nourbakhsh, the CEO and Managing Director of the Social Security Organization of Iran who is visiting Swdish capital city of Stockholm held several meetings…

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Iran’s trade surplus at $3.4bn

Iran’s trade surplus at $3.4bn

Iran says its trade surplus exceeded $3.4 billion over a period of four months starting March 21, 2016 in what is seen as the country’s best post-sanctions trade performance. Figures released by the Customs Administration of Iran show that the country’s non-oil exports over the period stood at $16.3 billion – a figure that was…

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Iran to export medicine to Europe

Iran to export medicine to Europe

Iran’s VP for Science and Technology, Sattari, said that 98% of Iran’s demand for medicine is produced domestically and Iran will soon export drugs to Europe. “There are excellent potentials in the area of bio-technology in Iran,” said Iranian Vice President for Science and Technology Sorena Sattari on Thursday while visiting a pharmaceutical company in…

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South Korea, Iran to trade in euros soon

South Korea, Iran to trade in euros soon

Fresh indications show a main barrier for trade between Iran and South Korea will be removed soon. South Korea announced on Thursday that it will start a euro-based settlement system for trade with Iran next week. The move follows the removal of sanctions against Iran in January and is expected to help the two countries…

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Iran, France ink new gas deal

Iran, France ink new gas deal

A POGC official has reported on the signing of a contract with a French firm for conducting pressure drop studies in South Pars joint gas field. Director of Engineering and Construction at Pars Oil and Gas Company (POGC) Mohammad Meshkinfam described the plans to prevent pressure loss in South Pars phases saying “at the present…

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Ashiq; Azeri cultural heritage / Photo

Ashiq; Azeri cultural heritage / Photo

Ashiqs, folklore singers and musicians of Azeri music, are the heir of Azeri oral literature and history who narrate their stories while playing Gopuz, an ancient fretless string instrument. /MNA The art of Ashiqs combines poetry, storytelling, dance and vocal and instrumental music into a traditional performance art that stands as a symbol of Azeri…

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Iran’s Olympic squad finishes with 8 medals

Iran’s Olympic squad finishes with 8 medals

The Iranian sports caravan managed to collect eight medals in 2016 Rio Olympic Games in order to finish 25th in the final standings table. Having attracted more than 10 thousand athletes, the 31st edition of Summer Olympics was convened from August 05-21 in the Brazilian city of Rio de Janeiro while the closing ceremony was…

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Iran’s freestylers hopeful for a bronze in last minutes /Video+Photo

Iran’s freestylers hopeful for a bronze in last minutes /Video+Photo

In the last two weight categories of Rio freestyle wrestling, Iran’s Reza Yazdani has found a second chance for bronze medal while Meisam Nasiri conceded a defeat in the very first round to be eliminated. On Sunday and in the last day of Rio Olympics, in 97kg, Yazdani defeated Turkish İbrahim Bölükbaşı 10-0. In the…

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Ghasemi wins silver medal in Rio Olympics / Video+Photo

Ghasemi wins silver medal in Rio Olympics / Video+Photo

Iranian heavyweight wrestler Komeil Ghasemi conceded a defeat against his Russian rival though he bagged silver of Men’s freestyle 125kg wrestling event in Rio Olympics. The final contest of 125kg weight division in Men’s freestyle wrestling was held in opening hours of Sunday Tehran local time in Rioo’s Carioca Arena 2 where Iran’s Ghasemi failed…

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