Economy
 
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 ...

 
Chabahar hosts first sea travelers

Chabahar hosts first sea travelers

Iran says it has launched the first passenger terminal at its only oceanic port thus making it possible to directly host visitors from Pakistan, India, Oman and beyond.

 
Zionism regime backs terrorism to lag Muslims behind

Zionism regime backs terrorism to lag Muslims behind

Iranian Parliament Speaker Ali Larijani says the Israeli regime is helping terrorist groups spread across the Middle East with the purpose of weakening Muslim nations.

 
Iran’s exports above $300 million worth of medicinal herbs

Iran’s exports above $300 million worth of medicinal herbs

Iran says it has exported above $300 million worth of medicinal herbs since January.

 
Slovenia’s Iran Embassy to Reopen during Presidential Visit

Slovenia’s Iran Embassy to Reopen during Presidential Visit

Slovenia is going to reopen its embassy in Tehran during President Borut Pahor’s planned visit to Iran, the European country’s deputy foreign minister announced.

 
Britain’s Vodafone to partner with Iran internet service

Britain’s Vodafone to partner with Iran internet service

Britain’s Vodafone says it will partner with an Iranian internet service provider to improve mobile network and IT infrastructure in the Middle Eastern country.

 
Iran, Japan banks cooperating by using yen

Iran, Japan banks cooperating by using yen

Iran says Japan’s banks have started to cooperate with their Iranian partners by using the yen – a move that could open a new chapter in economic relations between the two countries in a post-sanctions ...

 
Iran, Germany sign deals to boost ties

Iran, Germany sign deals to boost ties

Germany and Iran have signed a range of business deals in what is expected to take economic relations between the two countries to a new level.

 
Saudi Arabia shifts to Georgian calendar

Saudi Arabia shifts to Georgian calendar

Saudi Arabia has shifted from Muslim lunar calendar to Georgian calendar system in Sunday as an austerity measure

 
Iran embarks on mass production of new ballistic missile

Iran embarks on mass production of new ballistic missile

Iran’s defense minister on Sunday inaugurated the mass production line of a newly-unveiled tactical ballistic missile, dubbed 'Zolfaqar'.

 
US promises to change ways on JCPOA: Iran

US promises to change ways on JCPOA: Iran

Iranian President Hassan Rouhani says the United States has promised to change the way it is implementing last year’s nuclear agreement reached between Iran and the P5+1 group of countries.

 
Iran committed to market stability: OPEC

Iran committed to market stability: OPEC

The OPEC chief says Iran is committed to building consensus among crude producers on stabilizing the oil market which is faced with a massive supply glut.

 
Lukoil set to win two oil deals in Iran

Lukoil set to win two oil deals in Iran

Russia's second-biggest oil producer Lukoil says it is preparing to present Iran with its studies over two oil fields in the country – a move which could lead to awarding the development of the fields ...

 
Calls grow in Iran for joining oil freeze plan

Calls grow in Iran for joining oil freeze plan

Calls are growing in Tehran that the Islamic Republic should join an emerging oil freeze plan to help stabilize prices in international markets.

 
Airline companies attend major Conf.in Iran

Airline companies attend major Conf.in Iran

Airline companies from around the world are attending a major conference in Tehran, scoping out what many believe is set to be a promising market.

 

OMV receives first consignment of crude oil from Iran

The Austrian utility group OMV is reported to have received the first consignment of crude oil from Iran in several years after sanctions were imposed on the country.

 
Pakistan, Iran move to ink free trade deal

Pakistan, Iran move to ink free trade deal

Pakistani officials say Iran has agreed with the initial draft of a bilateral free trade agreement, paving the way for the start of formal negotiations to finalize the agreement.

 
Iran petrochemicals exports over $3.6bn

Iran petrochemicals exports over $3.6bn

Iran has exported over 3.6 billion dollars worth of an array of petrochemicals during the first five months of the current Iranian calendar year, which started on March 20.

 
Iran energy fires up Turkey investment zest

Iran energy fires up Turkey investment zest

Turkey’s Zorlu Enerji plans to invest more than $4 billion in Iran for the construction of gas-fired power plants, the company has said.

 
Japan to up investment in Iran

Japan to up investment in Iran

Japan has agreed to boost investment in Iran following a visit by a senior Japanese official to Tehran, the Kyodo news agency has reported.

 
 
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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