Economy Archives | صفحه ۱۲۰ از ۱۳۰
Speaker: Next Budget to Address Economic Concerns
Parliament Speaker Ali Larijani said that the budget bill for the new Iranian year (to start on March 21, 2019) will focus on resolving economic issues to lower unemployment rate, increase the volume of non-oil exports, and boost national production. Larijani said that Iran will focus on non-oil exports in the new Iranian year, […]
Tehran Housing Recession Deepens as Prices Rise
Home prices in Tehran increased and property deals declined in the ninth month of the current Iranian year, Azar (ended Dec. 21), the Central Bank of Iran said. Latest data published by CBI on its website indicate that only 6,814 homes were sold in the capital during the period, signaling a year-on-year decrease of 61.7% […]
India officially takes over management of Shahid Beheshti port
With the inauguration of the Indian Ports Global Ltd. (IPGL) office in Iran, the country has officially leased the operational control of Shahid Beheshti port to India under Chabahar agreement. An official at Ports and Maritime Organization of Iran told reporters on the sideline of a trilateral meeting between Iran, Afghanistan and India on Chabahar […]
Oil Minister: Iran Exempted from OPEC’s Output Reduction Decision
Reduction Decision Iranian Oil Minister Bijan Namdar Zanganeh underlined his country’s decision to continue membership in the Organization of the Petroleum Exporting Countries, saying that Tehran has been exempted from OPEC’s decision to decrease crude production due to the US sanctions. Iran intends to stay in the OPEC and have coexistence with its neighbors, Zanganeh […]
Car Prices Double!
After a long fracas, the CPPO and major carmakers Iran Khodro and SAIPA, have reached an agreement that says car prices at the factory that currently cost under 450 million rials ($4,360) will jump between 50-130%, informed sources told the Persian-language economic newspaper Donya-e-Eqtesad, a sister publication of the Financial Tribune. According to prices introduced […]
Iran’s oil sales faring much better after US sanctions: Pres. Rouhani
President Hassan Rouhani said Tue. that Iran’s oil sales have been faring much better than how they did before the Nov. 5 US sanctions targeting the country’s oil sector.
Integrated management of water resources in Iran needed
Water resources management in Iran faces challenges and must be directed towards integrated management in this sector, a water field expert from the German ministry of Science and Research said.
Out of OPEC, Qatar can start to market Iran’s oil: Expert
After withdrawal from OPEC, Qatar can start to market Iranian oil to Asia and Europe, Sam Barden, director of the international trading and consulting company SBI Markets said on Tuesday.
Yuan-ruble payment system ‘can counter US hegemony’
While a China-Russia payment system to boost the use of the yuan and ruble in cross-border transactions might initially have a limited impact, it could gain momentum if the US continues to abuse the dollar’s dominant position in the existing payment system, experts noted.
old, dollar down in Iran even after US restored sanctions
Market figures in Iran show the prices of the US dollar and gold – two key drivers of consumer prices – have been declining over the past week in what is seen as a clear defiance against earlier predictions that sanctions could trigger a price shock in the country.