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Tehran - 07:07 / GMT - 02:37

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  Economy - 0 News


Speaker Stresses People's Stronger Role in Iran's Economy
TEHRAN (FNA)- Iranian Parliament Speaker Ali Larijani underlined that people will play a bigger role in the new structure for the country's economy, dubbed as Resistance Economy. ( 11:50:59 - 2012/08/07)



Supreme Leader Underlines Importance of Economy of Resistance
TEHRAN (FNA)- Supreme Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei stressed the importance of economy of resistance for Iran to counter the western states' sanctions against the country, and said the Iranian nation will pave way for its prosperity and progress by implementing the economy of resistance. ( 11:13:10 - 2012/08/07)



New Transmission Line to Increase Iran's Power Supplies to Neighbors
TEHRAN (FNA)- Iran plans to increase exports of electricity to the neighboring states after building a new power transmission line. ( 14:23:57 - 2012/08/06)



Official Downplays Impacts of Sanctions on Iran's Offshore Industry
TEHRAN (FNA)- Acting Deputy Head of the Iranian Offshore Engineering and Construction Company Ali Akbar Arab Mazar played down the impacts of the western sanctions on the country's offshore industry, and said the IOEC has managed to implement its projects in due time irrespective of the western embargos and pressures. ( 14:13:53 - 2012/08/06)



Iranian Oil, Defense Ministries Negotiating Development of 4 Oil Fields
TEHRAN (FNA)- The Iranian oil and defense ministries are in talks over a $4bln deal on the development of four oil fields in Southern and Western Iran, a defense ministry official announced on Sunday. ( 12:44:54 - 2012/08/05)



Russian Analyst Stresses High Demand for Iran's Oil
TEHRAN (FNA)- A prominent Russian analyst downplayed the impacts of the western sanctions on Iranian oil exports, reiterating that Iran is not facing any problem for selling its crude as it can find new customers. ( 11:10:03 - 2012/08/05)



Iran-Afghan Trade Ties Up by 15%
TEHRAN (FNA)- The trade exchanges between Iran and Afghanistan have witnessed a 15% increase during the current Iranian year (started on March 20) compared with the same period last year, an Afghan trade official announced on Saturday. ( 12:58:26 - 2012/08/04)



EU Council De-lists Bank Mellat Ex-Chairman to Avoid Court
TEHRAN (FNA)- The Council of the European Union reversed its decision to place sanctions against Dr Ali Divandari, the former chairperson of Bank Mellat (the largest private bank in Iran), after the latter party filed a complaint at international bodies and sued the EU over its illegal action. ( 12:20:21 - 2012/08/04)



Senior Pakistani Legislator Terms Iran Key Source of Energy for Pakistan
TEHRAN (FNA)- The Chairman of Pakistan's Senate Nayyar Hussain Bukhari, who is in Iran for a four-day official visit, voiced his country's strong willingness to supply its energy needs from Iran. ( 11:55:34 - 2012/08/04)



Iran Warns of Sanctions' Devastating Impacts on Consumers
TEHRAN (FNA)- Iran's governor at the Organization of Petroleum Exporting Countries (OPEC) warned that the western sanctions on Iranian oil supplies will have dire consequences for the global oil trade and consumers. ( 10:44:38 - 2012/08/04)



India to Boost Oil Imports from Iran
TEHRAN (FNA)- India will soon boost oil imports from Iran as the country's insurers have agreed to step in to provide insurance cover for tankers carrying Iranian crude. ( 10:40:47 - 2012/08/04)



US Tensions against Iran Sending Crude Prices Higher
TEHRAN (FNA)- A new package of sanctions against Iran passed by the US Congress caused a hike in crude prices on Friday. ( 10:28:57 - 2012/08/04)



Iran Widens Support for Domestic Manufacturing
TEHRAN (FNA)- Senior Iranian oil ministry officials underlined support for the domestic manufacturing of the industry's needed parts and equipment. ( 10:27:41 - 2012/08/04)



Iran's Wheat Purchase Show Inefficiency of US Financial Sanctions
TEHRAN (FNA)- Both the Iranian government and private sector embarked on purchasing large wheat cargos this week in a move to show the US financial sanctions on Iran have failed to impede the country's transactions. ( 10:26:53 - 2012/08/04)



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