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       22 August 2017 - Tuesday - 29 Dhul-Qa?da 1438 | 22/08/2017 (15) 21/08/2017 (37) 20/08/2017 (49) 19/08/2017 (43) 18/08/2017 (42) Total: 127,496 content        Facebook Twitter Youtube

Economy

21 August 2017 10:59

  The BMI’s branch in Najaf, central-south of Iraq, will solve one of the major problems of the Iranian pilgrims who visit Najaf which is how to transfer and change money during their visit to the city's holy sites, including the holy shrine of Imam Al (AS), the first Imam of the Shiite Muslims. Iran’s Chief Consul Abderrahim Sadatifar and a number...

16 August 2017 12:00

  Iran is in the process of selecting financiers for the purchase of 200 passenger aircraft from among many domestic and foreign companies which have submitted their proposals to Iran Air, said the CEO of the national airline. “Many proposals have been submitted to Iran Air and a preliminary decision will be made in the next month,” Farzaneh Sharafbafi told the Islamic...

12 August 2017 17:27

  Oil and gas explorer Dragon Oil has shipped a cargo of oil from Turkmenistan to a port in northern Iran, apparently resuming a swap scheme which the Islamic Republic halted in 2010. The Russian-flagged VF Tanker-20 discharged around 6,000 tonnes of Turkmen origin crude oil at a terminal in the Caspian port of Neka on Aug. 3, reports said. According to Azerbaijan’s Trend...

11 August 2017 18:41

  A new research reveals a widening adult pay gap between those born into Britain's wealthier families and those from less well-off parents. The Institute for Fiscal Studies (IFS) estimated that in 2012 a middle-aged man whose parents were among the richest fifth of households earned an average of 88 percent more than those from the poorest families. However, in 2000 the equivalent...

8 August 2017 16:19

  Iran is to become the first Middle Eastern country to launch electric vehicles, with Mitsubishi Motors’ plug-in hybrid Outlander SUV expected to hit Iranian roads as early as fall. The Japanese automaker seeks to take advantage of burgeoning demand for environmentally friendly cars in the country where around 1 million cars are sold annually. Iran Khodro is the largest car manufacturer in...

8 August 2017 16:11

  German industrial group Siemens is about to undertake financing rail and power plant projects worth 3 billion euros in Iran, a senior Iranian official says. “On a trip to Germany, we had discussions about Siemens’ participation in Iran’s railway and power plant projects,” Deputy Minister of Road and Urban Development for International Affairs Asghar Fakhriyeh-Kashan said on Tuesday. In the rail sector, Iran...

8 August 2017 10:00

  Britain and France say some contaminated eggs may have reached their supermarket shelves as the European egg contamination scandal broadens. Britain’s Food Standards Agency said on Monday it was “urgently investigating the distribution of these eggs in the UK,” adding that “the number of eggs involved is very small and the risk to public health is very low.” It did not give...

7 August 2017 10:58

  French carmaker Renault has signed a much-awaited agreement with Iran to produce more than 150,000 cars a year in the country – what is already being described as the Islamic Republic’s biggest ever auto deal. The value of the agreement, which was signed after 10 months of negotiations, would be €660 million. Based on it, Renault would team up with Iran's Negin...

4 August 2017 16:11

  Speculations are rising that Iran’s oil exports to China would rise to the highest levels over the past 11 months in August.  Reuters in a report highlighted speculations that the rise in Iran’s exports to China would follow a recent decision by the Islamic Republic to cut the prices for its heavy crude oil. Crude and condensate exports from Iran to China...

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