Iran has filed a request for a loan of $2 billion from Russia to build power plants. railroads and to purchase subway cars.
Read More »Iranian Dams Reservoirs Rise by 26% after Record Rainfalls
The volume of water behind dams across the country is now 26% more than what the figures showed last year.
Read More »Iranian VP Vows to Outsmart US Sanctions to Boost Foreign Trade
Iran is working on new strategies and smarter policies in areas of foreign trade and business to further undermine the repercussions of Washington’s unilateral sanctions against Tehran.
Read More »Implementing PTA Inked Between Iran-EAEU to Be Facilitated
Trade Promotion Organization of Iran (TPOI) will host head of EAEU and other ministers of this economic union.
Read More »Basic Goods Imports Still on Official Exchange Rate for Next Year
The country’s budget for the next fiscal year still defines the official exchange rate of 4200 tomans to $1 for the import of basic and staple goods.
Read More »Iranian Power Producers Eyeing Further Exports of Energy
Iran is currently supplying Iraq. Afghanistan and Pakistan with electricity.
Read More »Exxon to Sell $25B of Oil and Gas Fields in Europe. Asia and Africa
Exxon'.s shares heavily underperformed relative to other Oil Majors over the past five years.
Read More »India`s Oil Demand to Double in Next Two Decades
The Indian government has been engaged in a major effort to introduce electric vehicles and use renewable energy for transport.
Read More »Iran will Use Russia`s $5Billion Loan for Construction of two Major Projects
Russia had agreed to provide a $5 billion loan to Iran for joint infrastructure projects in October 2015.
Read More »Less Privileged Classes to Pocket Revenues from Gas Price Rise
A total sum of $2.5 to $2.4 billion is estimated to be earned from the gas price hike in the country.
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