Economy
 
‘Red gold’ barely worth a copper for Iran farmers

‘Red gold’ barely worth a copper for Iran farmers

Iran’s position as the lead supplier of the world’s most expensive spice is being undercut by counterfeit business under which genuine saffron from the country is adulterated and resold to the high-end ...

 
Iran swaps 720k oil barrels

Iran swaps 720k oil barrels

An oil official said a total of 720,000 barrels of crude oil belonging to Caspian Sea littoral states have been so far transferred as part of the swap project.

 
Austria signs landmark funding deal with Iran

Austria signs landmark funding deal with Iran

Austria’s Oberbank on Thursday signed a major finance deal with over a dozen Iranian banks thus becoming one of the first European financial institutions to break the ice in providing loans for Iranian ...

 
China inks deal to give Iran a credit line of $10 billion

China inks deal to give Iran a credit line of $10 billion

​China has signed an agreement with Iran to provide a credit line of $10 billion for its infrastructure projects – what is seen as the biggest economic deal between the two countries after the removal ...

 
Iran, South Korea sign banking cooperation pact

Iran, South Korea sign banking cooperation pact

Private lenders from Iran and South Korea have signed an agreement to cooperate over banking issue with each other – an agreement which most importantly envisages the expansion of non-dollar trade between ...

 
Zarif reiterates Iran’s support for Syria

Zarif reiterates Iran’s support for Syria

Iranian Foreign Minister Mohammad Javad Zarif has reiterated Tehran’s support for Syria in its battle against terrorism.

 
Chinese lay ground for Oman to build desert boomtown

Chinese lay ground for Oman to build desert boomtown

The Chinese provide Oman with ground to transform Duqm, a fishing village south of Muscat, into an industrial center.

 
Talks continue with Indians on developing Farzad B

Talks continue with Indians on developing Farzad B

"Preliminary talks have started with Russians to develop Farzad B but negotiations also continue with the Indians who have long coveted the giant gas field," Iran’s Ministry of Petroleum said.

 
Cooperation by oil producers stabilize market

Cooperation by oil producers stabilize market

Iran’s oil minister says cooperation by non-OPEC members, especially Russia, and OPEC members’ adherence to an agreement to cut oil output is helping the market stabilize.

 
President

President's visit to S Africa makes up shortcomings in Banking relations

Seif, the governor of Iran’s Central Bank expressed hope that President Rouhani’s visit to S Africa would make up the shortcomings in bilateral Banking relations.

 
Major surge in transit volume observed

Major surge in transit volume observed

​Iran has reported an increase of about a quarter in the transit of goods in its key transportation points – a sign that may show the country’s trade activities are growing.

 
Iran

Iran's condensate exports experience 18% rise

​Iran has reported an increase of 18 percent in exports of condensate to global markets, saying its exports of the ultra light fuel over a period of five months starting 21 March 2017 – the start of the ...

 

'New oil deals show US policies against Iran failing'

Iran’s Petroleum Minister Bijan Zanganeh says every new agreement with a foreign company over the development of the country’s oil and gas projects shows that US policies against the Islamic Republic ...

 
Ayatollah Araki guidelines on Iran banking system

Ayatollah Araki guidelines on Iran banking system

Senior Iranian cleric attended the opening ceremony of the center of Islamic sciences and provided recommendations on the banking system in Iran.

 
Iran to pursue Apple for removing Iranian apps

Iran to pursue Apple for removing Iranian apps

​Iran’s new telecommunication minister says the country will legally pursue Apple for removing Iranian apps from its App Store.

 
OPEC chief congratulates Zanganeh on his reappointment

OPEC chief congratulates Zanganeh on his reappointment

​Mahammad Sanusi Barkindo, the secretary general of the Organization of the Petroleum Exporting Countries (OPEC), in a letter congratulated Iran’s Petroleum Minister Bijan Zanganeh for his reappointment....

 
Image of the National Bank of Egypt in Cario

Egypt inflation reaches 33%, the highest rate since 1986

Data released by the Central Agency for Public Mobilization yesterday revealed that Egypt’s annual inflation rate jumped from 29.8 per cent in June to 33 per cent in July, coinciding with the acceleration ...

 
Qatar eases visit visa requirements for 80 nationalities to boost economy

Qatar eases visit visa requirements for 80 nationalities to boost economy

Doha has announced a visa-free entrance for 80 nationalities in line with recovering the economy of the country amid a continued row with Saudi-led bloc.

 
Trump signs sanction bill against Iran, Russia, N Korea

Trump signs sanction bill against Iran, Russia, N Korea

US President Donald Trump has signed the bill over sanction against Iran, Russia and North Korea, White House has reported.

 
Amazon under federal probe for violating US sanctions

Amazon under federal probe for violating US sanctions

Amazon.com, American electronic commerce and cloud computing company, said it is under federal investigation for possibly violating US sanctions on Iran.

 
Gazprom, Iran’s OIEC ink agreement over oil fields

Gazprom, Iran’s OIEC ink agreement over oil fields

Russia’s Gazprom has signed a cooperation agreement with an Iranian company over the development of two major oil fields in western Iran.

 
US slaps new sanctions on Iran following rocket test

US slaps new sanctions on Iran following rocket test

The US Treasury has imposed new sanctions on Iran following Tehran’s successful test of satellite launch rocket dubbed as “continued provocative actions” by Washington.

 
Paris questions legality of US sanctions against Iran, Russia, N Korea

Paris questions legality of US sanctions against Iran, Russia, N Korea

France has questioned the legality of the latest round of US sanctions against Iran, Russia and North Korea rejecting the restriction as a breach of international law.

 
US House passes new sanctions against Iran, Russia, N Korea

US House passes new sanctions against Iran, Russia, N Korea

The GOP-dominated US House of Representatives approves new sanctions against Iran, Russia and North Korea.

 
UK downgrades UK economic growth forecast since vote to quit EU

UK downgrades UK economic growth forecast since vote to quit EU

International Monetary Fund (IMF) has cut its growth forecast for the United Kingdom since the country’s last year vote to quit the European Union.

 
Trump administration “happy” over anti-Moscow sanctions

White House:

Trump administration “happy” over anti-Moscow sanctions

White House says the administration of President Donald Trump is “happy” with the new congressional push for new sanctions against Moscow.

 
Abu Dhabi, Riyadh deny Qatari emir’s call for dialogue

Abu Dhabi, Riyadh deny Qatari emir’s call for dialogue

The United Arab Emirates has refused Doha call for dialogue calling Qatar’s change of diplomacy as prerequisite to lift Saudi-led blockade imposed on against Doha.

 
EU warns over “unintended consequences” of new US sanctions against Moscow

EU warns over “unintended consequences” of new US sanctions against Moscow

The European Union (EU) has warned over “unintended consequences” of further US sanctions to be imposed on Moscow.

 
Iran dismisses recent US baseless allegation

Iran dismisses recent US baseless allegation

Iran has dismissed as “baseless” the recent US allegation against saying Tehran is undermining regional stability.

 
Iran’s oil exports to S Korea rise by over 10%

Iran’s oil exports to S Korea rise by over 10%

Iran’s crude oil exports to South Korea rose by 10.5 percent in June compared to the same period last year, a report said.

 
 
Article
From Compromise to Partnership: The Impact of the Trump Administration’s Policy towards Russia on Iran

There are serious doubts over the exact route of the US domestic and foreign policies under Donald Trump due to his controversial positions on various issues. In the meantime, one of the important issues that attracted the attention of observers and analysts even before the election of Trump and during ...

 
Report
News Media
Greek demonstrators cheer during a rally calling for a

Just when you thought that the Greece saga had run out of plot twists, another one emerged on Thursday—and it was an important one.

Laylaz: Iran’s economy is not sanctionable

If we had acted before the economy plunged into this crisis, sanctions would definitely have failed to bite.

Demo against conservative govt. in London streets

This is a clear message from the Britain’s nation that if Cameron’s government does not revise its policies, the objections will get wider everyday and will turn into a public movement against the Conservative government

Uniting for Peace Conference mounted in UK

Uniting for Peace Conference organized by a group of Muslim and Christian scholars as well as peace activists took place in London.

 
 
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