Iran’s Minister of Roads and Urban Development Farzaneh Sadegh and Turkmenistan’s Foreign Minister Reshit Meredow held a telephone conversation on Tuesday to discuss bilateral ties and strengthening cooperation in the fields of trade, economy…
Category: 4. Business
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Mehr News Agency – Iran Air to resume flights after 50-day hiatus
The first route back into service will be the Tehran-Mashhad corridor.
This flight will resume following the support of the Ministry of Roads and Urban Development and upon receipt of the necessary permits from the Civil Aviation Organization…Continue Reading
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Tehran Times – Preparation of 51,000 hectares of land for housing projects underway
TEHRAN- The managing director of the National Land and Housing Organization, explaining the organization’s performance in the field of land preparation, announced the payment of contractors’ claims in the land preparation sector from the…
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Tehran Times – Stock market likely to reopen within 10 days: SEO head
TEHRAN- The head of the Securities and Exchange Organization (SEO) announced the possibility of the stock market reopening within the next 10 to 12 days, emphasizing that this will be done all at once, and a phased approach is not on the…
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Tehran Times – Iran’s trade with ECO members rises 82% in 5 years
TEHRAN – Iran has recorded an 82 percent growth in trade with members of the Economic Cooperation Organization (ECO) over the past five years, a senior trade official announced this week, reaffirming Iran’s commitment to strengthening regional…
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Tehran Times – Strait of Hormuz crisis: A looming food security time bomb
TEHRAN- The world is holding its breath. With the escalation of the US-Israeli war on Iran, the strategic Strait of Hormuz, a narrow waterway through which a fifth of global oil passes, has effectively been closed. While the immediate crisis is…
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Tehran Times – ‘Petro-Yuan’: A silent earthquake in global economy
TEHRAN- Simultaneously with the escalation of geopolitical tensions in the Persian Gulf and the halt of vessel traffic in the Strait of Hormuz, media outlets have reported on China’s decision to conclude oil contracts based on the Yuan with…
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Mehr News Agency – Why securing a deal with Iran won’t happen Trump’s way?
There is a defining image in the recent history of our region: a man in a simple black clerical robe, standing before a sea of his countrymen, speaking with the serene confidence of someone who has outlasted every empire that has sought to humble…
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Mehr News Agency – UAE warns of shift to yuan amid dollar shortages
The United Arab Emirates has initiated negotiations with the US regarding a potential financial safety net to protect its economy if the ongoing aggression on Iran deepens the crisis in the Persian Gulf, The Wall Street Journal reported on…
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Mehr News Agency – Oil prices jump about 5% over US action
Global oil prices have jumped after US President Donald Trump said its navy had intercepted and seized an Iran-flagged cargo ship.
The Brent crude benchmark oil price jumped over 6% to around $96 (£71) a barrel, reversing the slump on Friday.
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