Islamic Invitation Turkey
       21 October 2017 - Saturday - 30 Mu?arram 1439 | 21/10/2017 (4) 20/10/2017 (41) 19/10/2017 (36) 18/10/2017 (48) 17/10/2017 (42) Total: 129,657 content        Facebook Twitter Youtube

Economy

20 October 2017 23:23

  Baghdad warned international companies that signing contracts without coordinating them with the authorities constituted "gross interference in Iraq's internal affairs, the violation of its national sovereignty and a clear violation of international norms," according to a Iraqi Oil Ministry announced in a statement. ​According to the statement, the ministry and the government have the right to apply to local or international...

20 October 2017 15:55

  Iran and Turkey have finalized what could be a historic deal to trade in their local currencies instead of the euro and the dollar.    The deal was signed between the central banks of the two countries during a visit to Turkey by Iran’s First Vice President Es’haq Jahangiri. It is expected to help Tehran and Ankara to triple the volume of...

18 October 2017 15:26

  French oil and gas major Total says it will try to push ahead with an Iranian gas project if the US decides to impose unilateral sanctions on the Islamic Republic. The announcement was made by Total Chief Executive Officer Patrick Pouyanne in an interview with International Oil Daily. Pouyanne emphasized that Total would examine the consequences of a recent decision by US...

14 October 2017 10:28

  The US Treasury Department has imposed sanctions on Iran's Islamic Revolution Guards Corps (IRGC) over accusations that the elite force provides support for terrorist organizations in the Middle East. The Treasury added the IRGC to its anti-terrorism sanctions list on Friday, claiming in a statement that the military unit had been designated "for providing support to a number of terrorist groups,...

9 October 2017 15:03

UK weapons manufacturer BAE Systems is preparing to cut more than 1000 jobs this week, a move that is blamed on falling demand for its products. While the company's new chief executive, Charles Woodburn, has been considering "trimming" the workforce across all BAE facilities, the first wave of firings is expected to mostly affect the company’s Warton plant in Preston, Lancashire,...

6 October 2017 10:31

  The International Monetary Fund (IMF) says Saudi Arabia has a weak economic growth and a rising unemployment level, advising the country to slow down austerity measures it has been adopting in order to curb a huge budget deficit. The IMF’s latest report on its annual economic consultations with the kingdom, published Thursday, projected a below 2 percent non-oil growth for Saudi Arabia...

2 October 2017 11:29

  Figures showed that Saudi Arabia’s gross domestic product (GDP), adjusted for inflation, shrank 2.3 percent from the previous quarter in the April-June period, after dropping 3.8 percent in the first quarter. The lower GDP is believed to have been a result of the kingdom’s lower production of crude oil in line with an agreement by the Organization of the Petroleum Exporting...

26 September 2017 14:52

  Iran says it is preparing to increase its exports of crude oil to global markets beyond the current volume of 2.2 million barrels per day (mb/d), saying this would be carried out as a new type of Iranian crude is presented to clients.  Saeed Khoshrou, the director for international affairs of the National Iranian Oil Company (NIOC), was quoted by domestic...

21 September 2017 15:02

  US President Donald Trump has congratulated African leaders on the “business potential” their countries have, saying he has “so many friends” who go to the continent "trying to get rich." "We hope to extend our economic partnerships with countries who are committed to self-reliance and to fostering opportunities for job creation in both Africa and the United States," Trump said during...

20 September 2017 15:19

  Iran’s oil exports, currently more than 2.6 million barrels per day (bpd) including gas condensate, will increase in the second half of the year amid a rise in production capacity, a senior official says. “At present, the country's crude oil production is more than 3.8 million barrels per day, which according to plans will rise to 4.96 million by the end of the...

Page 1 of 31012345...102030...Last »
Scroll Up