Volume. 12121

Iran plans to develop South Pars in 3 years regardless of sanctions
Iran plans to finish developing its giant South Pars gas field within three years, regardless of the sanctions on its economy, and is rescheduling a c...
Friday, 15 August 2014
Iranian administration owes over $22.5b to national banking system: banker
TEHRAN – The Iranian administration owes 700 trillion rials (over $22.5 billion) to the national banking system, according to Abdonnaser Hemmati...
Friday, 15 August 2014
HSBC closes account of UK carpet shop with Persian in its name
British multinational banking and financial services company, HSBC, has closed the account held by a UK carpet company, with the owners claiming they ...
Friday, 15 August 2014
Iranians back Rouhani’s efforts to tackle legacy of sanctions
When Hassan Rouhani was sworn in as Iran’s president this time last year, he pledged to pursue detente with the international community and brin...
Friday, 15 August 2014
Switzerland suspends some sanctions on Iran until mid December
Switzerland said on Wednesday it would maintain a suspension of sanctions against Iran on trade in precious metals and in petrochemical products until...
Friday, 15 August 2014
Land transfer to foreign firms in Aras free trade zone approved
TEHRAN – The administration of Iranian President Hassan Rouhani has approved legislation allowing the transfer of land to foreign companies in t...
Wednesday, 13 August 2014
Iran's economy shrank 1.9% last calendar year: c. bank
TEHRAN – The Central Bank of Iran has confirmed that the national economy, including the oil sector, contracted by 1.9 percent in the Iranian ca...
Wednesday, 13 August 2014
Iran imports 34,000 cars, valued at $683m, in 4 months
TEHRAN – Iran imported over 34,000 cars, valued at about $683 million, in the first four months of the current Iranian calendar year (March 21-J...
Wednesday, 13 August 2014
With natural gas byproduct, Iran sidesteps sanctions
Iran is finding a way around Western sanctions to export increasing amounts of ultralight oil to China and other Asian markets, expanding the value o...
Wednesday, 13 August 2014
India’s NACL plans to build $3 billion smelter complex in Iran
TEHRAN - India’s National Aluminum Company (NACL) plans to build a 500,000 metric ton smelter and a 1,000-megawatt captive power plant possibly...
Tuesday, 12 August 2014
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