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       25 September 2016 - Sunday - 23 Dhul-?ijjah 1437 | 24/09/2016 (41) 23/09/2016 (38) 22/09/2016 (42) 21/09/2016 (61) 20/09/2016 (48) Total: 114,522 content        Facebook Twitter Youtube

Economy

23 September 2016 14:34

  At the end of his stay in New York, President Rouhani of Iran attended a press conference late on Thursday to respond to the questions raised by the reporters and journalists. “The common ground between Saudi Arabia and the USA is that both countries violate the international regulations, laws, and commitments,” said President Rouhani of Islamic Republic of Iran in response...

21 September 2016 7:15

  Leader of Islamic Ummah and Oppressed People Imam Sayyed Ali Khamenei received a number of people from all walks of life who gathered this morning on the occasion of Eid Ghadir. Felicitating the holy Eid, Leader of Islamic Ummah and Oppressed People Imam Sayyed Ali Khamenei described the most important message of Ghadir event as appointment of “Imamah” as principle and norm...

19 September 2016 7:09

  Business confidence in the United Kingdom has reached its lowest in the past four years in the wake of Britons’ decision to leave the EU, a new survey shows. According to Lloyds Bank’s Business in Britain report, expectations for growth of sales, orders and profits dropped to 12 percent, down from 38 percent in January, among British companies. Economic uncertainty has been...

17 September 2016 13:19

  Germany’s largest lender Deutsche Bank says it will challenge a $14 billion claim by the US Department of Justice to settle an investigation into its sale of mortgage-backed securities. “Deutsche Bank has no intent to settle these potential civil claims anywhere near the number cited. The negotiations are only just beginning. The bank expects that they will lead to an outcome...

17 September 2016 12:58

  Iran’s first titanium production plant will be up and running in the next six months, the manager of the Kahnuj titanium pilot project says.  The plant with a capacity to produce 2 tonnes of titanium pigments per day is at the phase of equipment installation in Kahnuj in southeastern Kerman province, Morad Ali Manzari-Tavakolli was quoted as saying. The project includes setting up...

17 September 2016 12:56

  Iran’s parliament has given the go-ahead to the government to put a new oil contract model into effect, the Ministry of Petroleum’s Shana news agency reported on Saturday. The new formula, which has drawn criticism from some politicians and experts, was reviewed by a parliamentary panel but not voted by lawmakers. “After examining the new contract model, the parliament board on the conformity of...

15 September 2016 22:32

  Only weeks after Iran and Oman said they had agreed to change the route of a planned undersea natural gas pipeline between the two countries, indications are now emerging that the project costs will rise due to design modification.    “We expect slight upward budget adjustment because of this change,” Reuters quoted an industry source familiar with the matter as saying...

15 September 2016 22:29

  The latest official figures show that South Korea almost doubled its imports of crude oil from Iran in August compared to the same period last year.  South Korean customs data showed that the country’s imports of crude oil from Iran in August stood at 1.1 million tons of, or 260,770 barrels per day (bpd), Reuters reported. The volume of imports over...

14 September 2016 15:03

  Hundreds of people in northwestern Tunisia have staged a protest rally against the deterioration of living standards, widespread poverty, and growing unemployment. Angry demonstrators set ablaze tires and set up blockades in the roads leading to the town of Fernana, in Jendouba Province, on Tuesday, two days after a young man self-immolated in protest at unemployment in the town. The protesters also...

14 September 2016 14:55

  Iran says a certain number of small European banks have agreed to work with the country multiple months after the removal of the sanctions.  Parviz Aghili, head of the private Middle East Bank in Tehran, has told AFP that the banks that are now preparing to work Iran are from Italy, Austria, Switzerland, Germany, Turkey and Belgium. Aghili did not name the...

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