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5 May 2016 - Thursday - 28 Rajab 1437 | 05/05/2016 (22) 04/05/2016 (58) 03/05/2016 (53) 02/05/2016 (37) 01/05/2016 (50) Total: 107,786 content Facebook Twitter Youtube

Economy

5 May 2016 7:49

Iran says it has seen signs Germany would start to provide a total of €5.5 billion as insurance for investments in its industrial projects in the near future. The announcement has been made by Rokneddin Javadi, the managing director of the National Iranian Oil Company (NIOC). Javadi has been quoted by the media as saying that he has realized in a meeting...

4 May 2016 10:59

Three US Republican lawmakers are pushing the American aerospace giant, Boeing, to refrain from getting into any deal with Iran. In a letter to Boeing CEO Dennis Muilenburg, the Illinois Republican congressmen asked the company no to business with Tehran for any supply of planes and other services. Congressmen Peter Roskam, Bob Dold and Randy Hultgren referred to a last July nuclear...

3 May 2016 20:37

  Iran’s media reported on Tuesday that an immediate order has been issued by the relevant authorities to stop placing orders to import US-made cars into the country. Reports have cited an unnamed official as saying that the order has been directly issued by Minister of Industry, Mining and Trade Mohammad-Reza Nematzadeh . This, the source added, will accordingly prevent imports of as much...

1 May 2016 12:53

  President Hassan Rouhani on Sunday said the Joint Comprehensive Plan of Action (JCPOA) solved many big problems the nation was facing. Addressing a ceremony to mark the Workers’ Day, he congratulated the Iranian workers on the day which also coincides with the national Teacher Day. He also paid tribute to the Iranian nation especially ladies for their massive turnout in the elections...

1 May 2016 9:34

  Fascism was another outcome of Western experience. It is possible that the claims about Nazi concentration camps were not true, but the crimes perpetrated by Hitler were not mere lies. Fascism was a product of Western schools of thought and ideology, as were Communism and forced labor camps in Siberia and so on. Today you can see that Western Liberalism led...

29 April 2016 15:00

  Former British Prime Minister Tony Blair was paid £41,000 a month and a 2 percent commission by a Saudi oil company in return for negotiating multimillion-pound business deals with China, new documents have revealed. A series of documents, seen by the Guardian, show how Blair personally put PetroSaudi's case to Chinese Finance Minister Lou Jiwei, who was then chairman of the China...

28 April 2016 20:37

  The latest official figures show that Asian imports of Iranian oil in March jumped 50 percent from a year earlier as shipments into India and South Korea climbed after the removal of sanctions against Iran. Imports by Iran's top four buyers - China, India, Japan and South Korea - came to 1.56 million bpd in March, up 49.9 percent from a...

28 April 2016 7:02

The International Monetary Fund (IMF) in its latest economic report announced that Iran’s foreign exchange reserve has witnessed a significant growth. In its latest World Economic Outlook report, the IMF said the Iranian reserve of foreign exchange rose by 14.3 billion dollars in 2015, registering a record of 125.9 billion dollars. The report at the same time noted that the reserve could...

27 April 2016 11:45

The International Monetary Fund (IMF) has pointed to a significant rise in Iran’s foreign exchange reserve. In its latest World Economic Outlook report, the IMF said the Iranian reserve of foreign exchange rose by 14.3 billion dollars in 2015, registering a record of 125.9 billion dollars. It added however that the reserve could slightly slim and settle at $125.6 billion this year. Similarly,...

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