Tag Archives: Economy

Iran’s advances in nanotechnology are viewed as a clear example of self sufficiency in the face of the US-led sanctions.

The attack by Yemeni forces last month shut down 5.7 million bpd of Saudi Arabia’s oil production.

The Aramco IPO will undoubtedly raise an enormous amount of capital. and prospects look good for the immediate future.

Iran’s non-oil exports reached 61 billion dollars over past 18 months.

Last week. Iranian Finance and Economic Affairs Minister Farhad Dejpasand announced that a plan for reforming the country’s banking system has been prepared by the ministry and handed over to President Rouhani in late September.

In its latest report. World Bank (WB) forecast that Iran’s economy will move out of downturn in 2020.

Iranian Oil Minister Bijan Namdar Zangeneh reassured that his country has mastered the ways to circumvent the US bans on its crude exports. reiterating that Washington will be unable to inflict a serious damage on Tehran’s huge oil industry.

Head of Iran'.s Ports and Maritime Organization said that Imam Khomeini Port has registered an unprecedented rise in its unloading activity with a jump by almost a half.

Iranian First Vice-President Eshaq Jahangiri announced that the US and its allies'. plots to bring the country'.s economy into a collapse have all failed. adding that the conditions are improving.

Iranian President Hassan Rouhani said Washington has now come to realize that its policy of maximum pressure on Tehran has failed. and stressed the need for officials to continue resistance.