In its latest statistics, the Ministry of Industry, Mine and Trade announced that exports of non-oil products in the country turned 86 fold since the glorious victory of the Islamic Revolution up to the last Iranian calendar year (ended March 20, 2018). The ministry put the Iranian export of non-oil products in the last Iranian […]
A leading Lebanese paper said after 4 years of King Salman’s ruling over Saudi Arabia, political executions and unemployment have increased in the country and his reforms have proved fruitless. RNA – The Arabic-language al-Akhbar newspaper reported on Saturday that nearly 50 young men have been killed by the Saudi security forces in residential areas […]
Iranian First Vice-President Es’hagh Jahangiri said that If Iran had not operated in Syria, ISIL terrorists would have now formed a government and would have power in the region. He made the remarks Sunday at the 10th Farabi International Award in Tehran. Jahangiri went on to say that the United States has started an economic […]
Facebook is under fire again over newly released documents that show an apparent pattern of exploiting minors for their parents’ money. More than 100 pages of documents released on Thursday night, part of a 2012 lawsuit, show that Facebook was aware children spent large sums of money on game apps without parental consent. The suit […]
The average annual inflation gap measured by the Statistical Center of Iran between the first income decile (those with the lowest income) and the 10th decile (those with the highest income) increased 0.3% to reach 2.7% in the Iranian month Dey (Dec. 22, 2018-Jan. 20) compared with the previous month’s 2.4%. The average goods and […]
The performance of Iran’s real economy was weaker than expected in the first half of the current fiscal year (March 21-Sept. 22, 2018), a report by the research arm of Iranian Parliament reads. While the government’s operating and capital expenditure as well as private sector investment remained almost unchanged at the nominal level, the rise […]
Top private sector players in Iran’s textile and apparel industries held a meeting at Fars News Agency to scrutinize impediments facing domestic apparel producers. Opinions diverged drastically on market demand, production and the volume of contraband apparel smuggled into Iran annually. Majid Eftekhari, a board member of Iran’s Apparel Production and Sales Union, said that […]
The Iranian community has been observing some form of Islamic dress code (hijab) since the ancient times – the Achaemenid era in particular – up to now. In many images and designs of the centuries before the advent of Islam and afterwards, Iranian men and women have observed Hijab and maintained their dignity by covering […]
Head of the Atomic Energy Organization of Iran Ali Akbar Salehi unveiled plans for the mass production of the fourth and fifth generations of homegrown centrifuge machines used for enriching uranium. In comments at a televised program on Tuesday, Salehi said Iran will press ahead with research and development plans in the nuclear industry and […]
Despite enjoying a great variety of income sources besides oil, Iran is undeniably dependent on oil revenues for managing its financial affairs. According to economists, near 70% of the Iranian government’s total income comes from selling oil and oil products. So, considering the significance of oil in Iran’s macro-economic planning, every year in preparing the […]