• Saudis set strict conditions for Iran only: Hajj official 2016-06-27 21:15

    Saudis set strict conditions for Iran only: Hajj official

    TEHRAN – Tehran has categorically rejected claims by the Saudis that the draft contract for Hajj pilgrimage that they had proposed to the Iranian side was the same as Riyadh had offered to other Islamic countries, saying nothing could be further from the truth.

  • ‘Smart money’ moving towards Iranian capital market: IFB CEO

    ‘Smart money’ moving towards Iranian capital market: IFB CEO

    To reach an average 8 percent economic growth during the next five-year period, according to decree of the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei, and following withdrawal of the financial embargo in January, the Iranian administration is shifting from a bank-based financial system into a more market-based one (i.e. switching the trend of financing away from banks towards securities market). This would create great plenty of opportunities and special incentives to entice overseas investments into the country in a bid to finance economic projects.

  • Tehran sends senior coordinator to Moscow, Syria crisis in focus

    Tehran sends senior coordinator to Moscow, Syria crisis in focus

    TEHRAN – On Monday Tehran dispatched its senior emissary Ali Shamkhani to Moscow amid unconfirmed news that Iran is ready to show more flexibility to find a political solution to the Syrian conflict dragging on since 2011.

  • Quarterly exports from Iran’s mining industry up 47% yr/yr

    Quarterly exports from Iran’s mining industry up 47% yr/yr

    TEHRAN - Iran’s exports from mining industry raised 47 percent in the first three months of the current Iranian calendar year (March 20-June 20)compared to the same period of time in the past year, ISNA reported on Monday.