Economy
 
Qatar to plant 16,000 trees ahead of 2022 World Cup

Qatar to plant 16,000 trees ahead of 2022 World Cup

Qatar will plant at least 16,000 trees to "beautify" the eight stadiums planned for the 2022 World Cup, its organisers said.

 
Israel strikes

Israel strikes 'historic' gas deal with Egypt

Israel has struck an "historic" contract for sales of billions of dollars' worth of natural gas to Egypt, Israeli Prime Minister Binyamin Netanyahu announced .

 
CBI rejects crypto as means of payment

CBI rejects crypto as means of payment

Central Bank of Iran (CBI) sternly warned categorically on the sales of cryptocurrency in cooperation with the bank.

 
Tehran, New Delhi ink 15 pacts

Tehran, New Delhi ink 15 pacts

The Islamic Republic of Iran and the Republic of India signed 15 documents and MoUs so as to promote thier mutual relations.

 
Austria to invest in Iran

Austria to invest in Iran's mountain tourism, ski resorts

"Austria is ready to invest in mountain tourism and ski resorts in Islamic Republic of Iran," an Austrian delegation announced.

 
Iraq asks BP to study developing Kirkuk oilfields

Iraq asks BP to study developing Kirkuk oilfields

Iraq has asked British energy giant BP to help bolster production at oilfields recaptured from the Kurds in northern Kirkuk province, Oil Minister Jabbar al-Luaybi said on Sunday.

 
Iran vows to stand by Iraq

Iran vows to stand by Iraq

"Islamic Republic will continue to play a supportive and constructive role in Iraq's reconstruction and economic development," pointed out Iranian Foreign Ministry Spokesman.

 
Participants walk past brochures of previous funds collected by the International Islamic Relief Organization (IIRO), during the Kuwait International Conference for Reconstruction of Iraq

Iraq's reconstruction will cost $88bn, planning ministry says

Rebuilding Iraq after years of war and economic turmoil will cost $88.2 billion, the director-general of the country's planning ministry, Qusay Abdulfattah, told an international conference in Kuwait ...

 
Bpifrance ready to finance Iran’s economic projects

Bpifrance ready to finance Iran’s economic projects

France’s Public Investment Bank, known as Bpifrance, is ready promote cooperation with Iran on financing the two countries’ economic projects.

 
Lebanon will fully use energy block disputed by Israel – minister

Lebanon will fully use energy block disputed by Israel – minister

Lebanon’s energy minister said on Friday there would be full exploration in an offshore energy block that partially lies in waters disputed by neighbouring Israel.

 
Jordan building 1000-mile pipeline for post-IS Iraqi oil imports

Jordan building 1000-mile pipeline for post-IS Iraqi oil imports

Jordan has given the green light for the construction of a pipeline that would bring oil from southern Iraq to its port of Aqaba, a government spokesman said Tuesday.

 
Fuel consumption in Iran is equivalent to 5.5 million BPD

Fuel consumption in Iran is equivalent to 5.5 million BPD

"fuel consumption in Iran is equivalent to 5.5 million barrels of oil per day (BPD), the rate of which is considered as the highest energy consumption rate in the world in terms of energy intensity," ...

 
Norwegian welcomes bilateral coop. with Iran

Norwegian welcomes bilateral coop. with Iran

Norwegian Ambassador welcomed bilateral cooperation in the fields of oil and gas, fisheries, agriculture and shipping.

 
Belgium voices readiness on constructing hospitals in Iran

Belgium voices readiness on constructing hospitals in Iran

Secretary-general of Flanders’ ministry of health in Belgium voiced readiness to cooperate with Iran on constructing hospitals in the Islamic Republic.

 
Import of foreign tea exempted from VAT

Import of foreign tea exempted from VAT

Islamic Republic of Iran Customs Administration (IRICA) in a directive notified executive managers of all customs offices of the country that import and supply of any foreign brand tea was exempted from ...

 
Iran seizes four trespassing Indian fishing boats

Iran seizes four trespassing Indian fishing boats

Iran Coast Guard seized four trespassing Indian fishing boats with 22 crew on board in southwest of Iran.

 
Total gas transmissio hits unprecedented record

Total gas transmissio hits unprecedented record

"Total gas transmission volume in the country exceeded 755 million cubic meter/day which is an unprecedented record in all-time gas transfer history of the country," stressed Managing Director of Iran ...

 
Iran to launch Unity Bank based on Sunni fatwa

Iran to launch Unity Bank based on Sunni fatwa

Unity Bank, a branch of Ansar Bank, is scheduled to be opened in Iran’s city of Urumya, during ceremonies for 39th anniversary of Islamic Revolution based on a statement issued by Iranian Sunni scholars....

 
Iraq is to start oil swap with Iran soon

Iraq is to start oil swap with Iran soon

Iraq plans to start oil exports to Iran from the northern Kirkuk fields next week under a swap deal announced last month.

 
Snow increases winter tourism in Tehran

Snow increases winter tourism in Tehran

"Tehran is now ideally positioned to host winter tourists after the heavy snowfall," Director General of the Cultural Heritage of Tehran Province pointed out.

 
Intl. stock to be set up in Special Economic Zones

Intl. stock to be set up in Special Economic Zones

"International bourse will be set up in Special Economic Zones," Secretary of Supreme Council of Free and Special Economic Zones announced.

 
Iranian firms are to buy shares of China banks

Iranian firms are to buy shares of China banks

"Iranian private sector plans to buy a certain volume of shares of a Chinese bank in a move that could help facilitate mutual trade payments that have lately become complicated as a result of Beijing’s ...

 
Iran

Iran's gold production is to hit record 6 tonnes

Iran's gold production this year is to hit record 6 tonnes - a “valuable achievement” in the words of Deputy Minister of Industry, Mine and Trade Jafar Sarqini.

 
Iran facing race against time to brave water crisis

Iran facing race against time to brave water crisis

Some major Iranian cities will be facing water rationing if the worst dry spell in more than 50 years persists.

 
Syria inks deal on tractor imports from Iran

Syria inks deal on tractor imports from Iran

Syria’s Chambers of Agriculture Federation has inked a deal with an Iranian company for the imports of tractors and their distribution among the country’s farmers.

 
MEAF are missioned to implement Iran-Italy financial deal

MEAF are missioned to implement Iran-Italy financial deal

Ministry of Economic Affairs and Finance (MEAF) was obliged to implement financial agreement inked between Iran and Italy.

 
Iran, Pakistan to work in tandem in tourism industry

Iran, Pakistan to work in tandem in tourism industry

Iran and Pakistan have reached an agreement to work in tandem in tourism industry through building a railway system between the two countries.

 
US to replace Saudi Arabia as leading energy producer in 2018

US to replace Saudi Arabia as leading energy producer in 2018

Saudi Arabia will be overtaken by the US as the world’s leading energy producer in the next twelve months according to the latest monthly report from the International Energy Agency (IEA).

 
Egyptian President Abdel Fattah el-Sisi (R) meets with Ethiopian Prime Minister Hailemariam Desalegn at the Presidential Palace in the capital, Cairo, January 18, 2018. (Photo by AFP)

Sisi expresses ‘extreme concern’ over Ethiopia’s Nile dam

Egyptian President Abdel Fattah el-Sisi has relayed “extreme concern” to Ethiopia’s visiting prime minister over the lack of progress in talks on a controversial dam, which may reportedly reduce Egypt’s ...

 
Rosy future predicted for Iran’s economy in 2018

Rosy future predicted for Iran’s economy in 2018

"International organizations predicted a bright and rosy future for Iran’s economy in 2018," stressed Chairman of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA)

 
 
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
The toppling of Saudi Arabia as the world

Oil production in the United States is set to outstrip both Saudi Arabian and Russian output levels in 2018, according to a recent International Energy Agency assessment.

Public jittery as Turkish lira slides rapidly over political, economic issues

he spectre of economic hardship - if not outright crisis - is looming large yet again as the Turkish lira continues its rapid slide against the US dollar and euro, with some people already displaying signs of panic by talking of withdrawing their savings from banks as politicians revert to rhetoric ...

millions on their backs, few Euros in their hands

Morocco’s ‘cargo women’ carry goods worth millions of Euros on their backs.

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.

 
 
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