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31 July 2015 - Friday - 14 Shawwal 1436 | 31/07/2015 (40) 30/07/2015 (51) 29/07/2015 (51) 28/07/2015 (44) 27/07/2015 (44) Total: 93,792 content Facebook Twitter Youtube

Economy

31 July 2015 16:13

President Hassan Rouhani said management of free trade zones should prepare the ground to use post-sanction opportunity to absorb domestic and foreign investment. According to the Presidential Office website, President Rouhani made the remarks in the 119th session of Coordination Headquarters of Resistance Economy. He underlined the necessity to continue structural reform process and fight against administrative wrongdoings in the free zones. Rouhani...

31 July 2015 14:49

  European Union has removed two Iranian companies operating in oil, gas and petrochemical sectors from its list of illegal sanctions. In a statement issued by UK Treasury on Thursday, Petropars Aria Kish Operation and Management (POMC) and Petropars Resources Engineering Kish (PRE) were taken off from EU's sanction list. The two companies successfully applied to have their sanctions listings annulled before the General Court...

29 July 2015 16:11

Iran Khodro and German automaker Mercedes-Benz will sign a deal soon for production of cars and commercial vehicles, the head of the leading Iranian vehicle manufacturer says. Hashem Yekke-Zare said Daimler AG’s unit has decided to “enter the Iranian market in full force” after recent negotiations, adding it will re-open its office in Iran in the next two-three months. “According to...

29 July 2015 15:50

An Omani delegation is in Tehran for the finalization of the operational plan for transfer of the Iranian gas to the sultanate via a pipeline across the Persian Gulf, a top energy official says. “Currently, the Iranian adviser for studying (the subsea section of) the pipeline for 200 kilometers from Kuh-e Mubarak to Oman’s Sohar port has been chosen,” head the...

28 July 2015 12:41

Iraqi Prime Minister Haider al-Abadi says the economic sanctions imposed on Iran are a “crime”. According to Press TV, Abadi made the remarks in a statement which his office released following the Iraqi premier’s meeting with Iranian Foreign Minister Mohammad Javad Zarif in Iraq's capital, Baghdad, on Monday. During the meeting, Abadi also congratulated the Iranian nation on the conclusion of...

27 July 2015 11:18

  Farmers in France have used tractors and other vehicles to block roads from Germany and Spain, stopping foreign products from entering the country in protest against falling food prices. Farmers in the northeastern Alsace region of France closed off six routes from Germany on Sunday night and stopped trucks carrying agricultural goods. “We let the cars and everything that comes from France pass,”...

25 July 2015 14:31

Iran has introduced $29 billion worth of mining projects to a trade and investment conference held with the EU in Vienna to discuss post-sanction opportunities for cooperation. The projects include production of aluminum, steel, rare earth elements, copper, gold and coal by tapping Iran’s mineral reserves, Deputy Industry Minister Mehdi Karbasian said. “Current projects have a value of $9 billion and...

24 July 2015 15:50

  Iran’s gold output is estimated to rise to 7 metric tons by 2017 which could significantly improve the country’s place among the world’s producers of the precious metal.  Zarshuran, the Middle East’s biggest gold deposit, will yield 6 million metric tons alone, with another 700 kg coming from mines in East Azarbaijan Province and 300 km from Arghash in Nayshabour. Production from...

24 July 2015 13:11

  Italian Foreign Minister Paolo Gentiloni is due to travel to Iran next month in the wake of a landmark breakthrough in the nuclear negotiations between the Tehran and the P5+1 group of countries. Gentiloni trip to Iran would take place on August 4 and 5, Italy’s Foreign Ministry said on Friday. The top diplomat announced the planned visit and the dates in...

23 July 2015 7:33

Iran is prepared for "win-win" economic ties with other countries, says the chief of staff of President Hassan Rouhani. Mohammad Nahavandian made the remarks at a meeting with Yves Rossier, the state secretary at the Swiss Federal Department of Foreign Affairs in Tehran on Wednesday. “At present, a lot of the Western countries have come to the conclusion that the artificial (and)...

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