Economy
 
Iran to host 22nd Oil Show

Iran to host 22nd Oil Show

Iran is preparing to hold a crucial annual oil exhibition in which it says some 1,500 foreign companies from 37 countries would showcase their latest technical achievements.

 
Iran inaugurates its biggest solar plant ever

Iran inaugurates its biggest solar plant ever

Iran has inaugurated a major solar power plant as the country is pressing ahead with an ambitious agenda to use renewable energy resources.

 
EU firm to invest in Iran through Bitcoins

EU firm to invest in Iran through Bitcoins

The government of Sweden has reportedly authorized a local business to create a mechanism based on a globally popular virtual currency to transfer funds to Iran. The move is already believed to have the ...

 

'No Luxembourg court verdict issued on Iranian assets freeze'

Valiollah Seif, the governor of the Central Bank of Iran (CBI), said a Luxembourg court responsible for freezing $1.6 billion of Iranian assets in the European country has not issued a final verdict on ...

 
Qatar resumes development of vast offshore gas field

Qatar resumes development of vast offshore gas field

Qatar has lifted a self-imposed ban on development of the world's biggest natural gas field, which it shares with Iran, after a hiatus of 12 years, the chief executive of Qatar Petroleum.

 
Total developing own Iran banking channels

Total developing own Iran banking channels

French energy giant Total says it is trying to develop its own mechanism to carry out Iran-related banking transactions without falling afoul of US primary sanctions that still restrict doing financial ...

 
Iran: Oil exports near record 3 million bpd

Iran: Oil exports near record 3 million bpd

Iran's total exports of crude oil and gas condensate by Iran neared a record 3 million barrels per day (bpd) in the Persian month of Esfand which ended on March 20, Minister of Petroleum Bijan Zangeneh ...

 
Iran, Russia talk over joint natural gas projects

Iran, Russia talk over joint natural gas projects

Iran says it is negotiating with Russia to carry out joint natural gas development projects.

 
President: Cabinet committed to resistance economy policies

President: Cabinet committed to resistance economy policies

Iranian President Hassan Rouhani reiterated his administration’s commitment to implementing the “Resistance Economy” plan in a bid to help stimulate domestic production and combat unemployment.

 
Conf. on India-Iran-Turkey railway opens

Conf. on India-Iran-Turkey railway opens

A multi-nation conference on trans-Asia connectivity has opened in New Delhi to explore the possibility of a rail freight service connecting India with Iran and Turkey.

 
Iran to soon emerge as world’s key zinc supplier

Iran to soon emerge as world’s key zinc supplier

A new zinc mining project in Iran, which was recently awarded to a consortium of locals, is expected to enable the country to supply at least 4 percent of the world’s total demand for the strategic metal ...

 
Iran to receive second Airbus on Saturday

Iran to receive second Airbus on Saturday

Iran’s national flag-carrier airline Iran Air says the second Airbus plane that has been purchased through a major post-sanctions deal with the European aviation giant will arrive in Tehran on Saturday ...

 
Azerbaijan officially launches a rail link with Iran

Azerbaijan officially launches a rail link with Iran

Azerbaijan officially launched a rail link with Iran on Sunday by sending a train across the border to Iran’s northern city of Astara thus taking an ambitious multimodal transport project that connects ...

 
Iran’s President Rouhani in Pakistan for 13th ECO Summit

Iran’s President Rouhani in Pakistan for 13th ECO Summit

Iran’s President Hassan Rouhani has arrived in the Pakistani capital of Islamabad for a two-day visit to take part in 13th Economic Cooperation Organization (ECO) Summit.

 
Iran lauds OPEC compliance with output cuts

Iran lauds OPEC compliance with output cuts

Iran has described OPEC’s level of compliance with production cuts in January as satisfactory with the country’s oil minister saying he expects more cooperation – not only from OPEC member states but ...

 
Indonesia to purchase oil from Iran

Indonesia to purchase oil from Iran

Indonesia says it is looking into the prospects of purchasing crude oil from Iran through long-term supply agreements.

 
Iran discovers major reserves of shale oil

Iran discovers major reserves of shale oil

Iran says it has discovered major reserves of shale oil in the western parts of the country with a top official saying that the reserves are the first that have a feasible potential for production.

 
Iran to create fully-owned bank in Azerbaijan

Iran to create fully-owned bank in Azerbaijan

Iran’s top banker says the country plans to establish a bank in Azerbaijan with 100 percent Iranian ownership.

 
Iran ‘needs no permission for self-defense’

Iran ‘needs no permission for self-defense’

A senior Iranian official has played down the warmongering rhetoric and threats by US authorities against the country, emphasizing that the Islamic Republic does not get permission from any foreign state ...

 
Sri Lanka keens on purchasing crude oil

Sri Lanka keens on purchasing crude oil

Sri Lanka says it is still interested in purchasing crude oil as well as oil products from Iran.

 
Iran soon to receive 130 tons of uranium: AEOI

Iran soon to receive 130 tons of uranium: AEOI

The Atomic Energy Organization of Iran (AEOI) says the country is soon to receive as much as 130 tons of uranium from abroad.

 
Iran to court new customers around the globe: Reports

Iran to court new customers around the globe: Reports

Reports suggest that Iran has managed to sell nearly half of oil that it had long held on tankers at sea as it capitalizes on OPEC oil cut to sell millions of barrels, courting new customers around the ...

 
Daelim wins major Iran refinery deal

Daelim wins major Iran refinery deal

South Korea’s construction giant Daelim Industrial Company says it has won a major deal from Iran to expand a central oil refinery.

 
High dollar rates sparkes serious concerns in Iran

High dollar rates sparkes serious concerns in Iran

The runaway dollar has sparked serious concerns in Iran over what many believe could eventually prove costly for a country which has been planning for months to reap the benefits of the removal of the ...

 
Saudi Arabia to sell 49% of Aramco oil giant: media

Saudi Arabia to sell 49% of Aramco oil giant: media

Saudi Arabia has announced preparations to sell 49 per cent of its oil giant company Aramco as a measure to alleviate its economic deficit, local media has announced.

 
Islamic finance set for big lift from Iran

Islamic finance set for big lift from Iran

The Islamic finance industry is expected to get a significant lease of life from the opening of Iran’s economy which has assets of around $448 billion to its name.

 
Russians seek to make oil swap deals with Iran

Russians seek to make oil swap deals with Iran

Iran’s petroleum minister says Russian energy firms seek to make oil and gas swap deals with Tehran.

 
Turkey proposes to trade in local currencies  with Iran

Turkey proposes to trade in local currencies with Iran

Turkey has proposed to establish a mechanism to trade in local currencies with Iran as well as China and Russia.

 
Iran awards key oil deal to Schlumberger

Iran awards key oil deal to Schlumberger

Iran says it has signed a memorandum of understanding (MOU) with Schlumberger – the world's largest oil field services company - over the development of several southern oil fields.

 
‘Iran, Japan must strengthen ties after JCPOA’

‘Iran, Japan must strengthen ties after JCPOA’

The Iranian energy minister says Iran and Japan must make use of the atmosphere created after the implementation of last year’s landmark nuclear agreement between the Islamic Republic and six global powers ...

 
 
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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