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       30 July 2016 - Saturday - 25 Shawwal 1437 | 30/07/2016 (17) 29/07/2016 (44) 28/07/2016 (43) 27/07/2016 (42) 26/07/2016 (47) Total: 112,057 content        Facebook Twitter Youtube

Economy

29 July 2016 19:26

  The latest market figures show that Iran’s exports of crude oil have already reached the highest levels in more than four years.  Reuters in a report has quoted government and ship-tracking data as showing that Iran’s exports to its key Asian clients in June had increased by 47.1 percent from a year ago. The four key Asian clients of Iran’s oil -...

27 July 2016 19:35

  More signs have appeared to show that East Asian countries are interested in Iran’s fish farming business. China has joined South Korea to announce that it is planning to invest $3 billion in Iran’s fisheries. Hassan Salehi, the head of Iran Fisheries Organization, has been quoted by the media as saying that China’s decision to make the investment had been communicated...

26 July 2016 17:02

  Cabinet spokesperson has said government has established Special Commission on Salaries to address inordinate amounts of salary bills, a scandal which had provided food for the critics of government among the media. Mohammad Bagher Nobakht who was speaking in his weekly press conference on Tuesday, specifically focused on the workings of Special Commission on Salaries, a body organized by government to...

25 July 2016 22:21

  A contract worth 40 million euros has been inked with Italian and Swiss investors for building Iran’s biggest solar power plant. Following earlier agreements with Germany over constructing solar power plants, the country’s largest solar station will be established in cooperation with Swiss and Italian investors. Accordingly, the solar power house with a production capacity of 30 MW will be designed, built...

25 July 2016 21:49

  Iran says the final preparations are being made to start a much-awaited project to export natural gas to its western neighbor – Iraq.  Azizollah Ramezani, the international affairs director of the National Iranian Gas Company (NIGC), has told a press conference in Tehran that Iran can start gas exports to Iraq within a month. Ramezani has added that a delegation from Iraq’s...

24 July 2016 11:05

  President of World Citizens Organization has said Iran would present a domestic alternative against modernizing development process in the world. Mr. Young Hoon Kwak said it was so timely for Iran to convene a meeting on urban economy since Iran’s sanctions have been removed; “Iran needs comprehensive planning on all three levels of national, regional and urban planning. The country should...

23 July 2016 9:14

  A cooperation contract between major Iranian automaker Iran Khodro and Mercedes-Benz has become nearly finalized and will be signed within the next two months, an official said on Friday. Addressing the general meeting of Iran Khodro shareholders, Managing-Director of Iran Khodro Hashem Yekkeh Zare said that based on the new contract, the two automakers will establish two joint companies. He said that...

22 July 2016 18:13

  The British economy has shrunk at its fastest rate since April 2009 -- the peak of the 2007-08 financial crisis – following the vote to leave the European Union (EU), according to a business survey. Speaking in China on Friday, Philip Hammond, the new UK Chancellor of the Exchequer, said the report showed the Brexit vote had damaged confidence and caused...

22 July 2016 9:37

  Iran’s Parliament (Majlis) Speaker Ali Larijani has denounced the US Congress for the introduction of a raft of measures against the Islamic Republic, stating that Tehran will use everything at its disposal to retaliate against any anti-Iran moves. “The US legislature’s approval of anti-Iran motions is against the spirit of the nuclear agreement" struck between Iran and the P5+1 group of countries last July, Larijani...

21 July 2016 23:39

  The ‘Economy of Resistance’, an economy mainly based on self-reliance is an excellent idea. Not only does it help liberate Iran from the foreign imposed sanctions, but it also helps propel own domestic capacities, create labor, added value in the country and ultimately Iran may develop exports far above what they would be in a globalized western and WTO (World...

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