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Iran Increases Petrol Ration

TEHRAN (Fars News Agency)- Iran on Saturday started to allow motorists an extra 20 liters (5.2 gallons) of petrol a month under a rationing scheme aimed at cutting back on frenzied consumption.

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Central Bank: $8bn Oil Fund in Iran

TEHRAN (Fars News Agency)- Iran has $8 billion in its Oil Stabilization Fund (OSF), which forms part of the country’s foreign reserves, the central bank’s website quoted Governor Tahmasb Mazaheri as saying.

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President Terms Iran-Saudi Ties Cordial

TEHRAN (Fars News Agency)- Iranian President Mahmoud Ahmadinejad described Tehran-Riyadh relations as friendly, saying that his participation in the greatest Muslim congregation, Hajj, promulgated a message of increased solidarity and brotherhood among Islamic countries.

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Police to Continue Security Plan

TEHRAN (Fars News Agency)- Iran’s police chief General Esmayeel Ahmadi Moghaddam Thursday stressed that his forces will continue the plan for the promotion of security in the society.

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Iran to Publicize Medical Discovery in Feb.

TEHRAN (Fars News Agency)- An Iranian health official said that his country will announce good news about success in developing a new medicine in the coming Ten Day Dawn – from February 1-11 (marking the victory of the Islamic Revolution in Iran in 1979).

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Big Iran PV Investment

TEHRAN (Fars News Agency)- Iran has signaled a strong interest in solar power, and plan to build the Middle East’s biggest photovoltaic plant in the tourist city of Yazd.

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