Economy

Pakistan is currently facing severe energy issues and the government is making efforts to cope with the energy crisis in the country.Analysts say Pakistan should set a target of generating at least 30 per cent of its electricity on the basis of renewable energy in the next five to seven …

Speaking to Iran Daily, Mohammadreza Shafi’ei added this comes as unofficial data put the country’s exports of flowers and ornamental plants at $ 50 million in the same period.Further elaborating on this, he said it is likely that, due to any given reason, a part of the products’ exports has …

In a speech at the JIACC general assembly meeting, Chairman of Damascus Countryside Chamber Waseem Qattan, representing the Syrian Chambers of Commerce Federation, stressed the need to expand cooperation between the JIACC and Syrian chambers of commerce, as well as increasing trade exchange and economic relations between the two countries, …

The Organization of the Petroleum Exporting Countries and allies agreed in June to boost supply as US President Donald Trump urged producers to offset losses caused by sanctions on Iran and to dampen rising prices, Reuters reported.Saudi Energy Minister Khalid al-Falih said OPEC and non-OPEC would pump roughly an extra …

During the meeting all the sides discussed ways to establish trade based on national currencies, reducing trade risks, commercial restrictions and setting aside dollar in financial exchanges.Head of Monetary and Banking Research Institute Rasoul Khansari said domination of dollar in international trade caused concerns.Today, the US is taking advantage of …

Addressing a large crowd of worshippers in the Iranian capital, Ayatollah Khatami said that the international organizations are not reliable. The executive secretary of FATF has openly said that there is no guarantee to remove Iran from the black list, the Ayatollah said, asking, “When there is no guarantee, why …

Money and Credit Council at its 165th meeting, convened at the Central Bank on Tuesday October 16, proposed the Central Bank of Iran (CBI) to implement one of the outlines and articles of the Resistant Economy Program in order to facilitate and encourage the presence of international credible banks in …

Lord Norman Lamont, referring to the strategic relationship between Britain and the United States, said, 'Britain's alignment with Europe and opposition to the United States on the subject of JCPOA is a great step.'He added, 'Britain and Europe are willing to observe the JCPOA's continuation. They are willing to maintain …

In a meeting with Chairman of Ukraine-Iran Parliamentary Friendship Group Leonid Kozachenko late Thursday, he also voiced Iran’s readiness for promoting bilateral relations.Moradi stressed the need for optimal use of existing opportunities for boosting collaboration.Kozachenko, for his part, called for enhancing Tehran-Kiev ties in economic, political and parliamentary fields.Both officials …

Italy's La Repubblica newspaper in an article titled 'Lamborghini Murcielago Was Reborn in Iran' wrote: This is a very precise replica and close to the original model with the only difference being it engine has just hit the production line and a total of 100 of such model with V6 …