Economy | West Herald

May 21, 2015 No Responses

Iran Set to Help Turkmenistan with Expanding Infrastructures

Rashid Meredov, the Foreign Minister of Turkmenistan, recently said that the government of Turkmenistan is in talks with the government of the Islamic Republic of Iran to improve the electricity scenario in Turkmenistan. In the present day conditions, Iran is...

May 18, 2015 No Responses

Iranian Government Set to Support Local Airlines By Dedicating Subsidies

Since the past few years, the economy of Iran has been in a turmoil and problems are faced by all the citizens. To worsen things further, the Government of the Islamic Republic has reduced the subsidy provided to gasoline and...

May 17, 2015 No Responses

Banks Should Proactively Work with Private Players in Iran: Al-Ishaq

Recently, The Head of Chamber of Commerce, Tehran and also the Minister of Industries and Mines, Al-Ishaq, said that the banks of Iran and other companies in the private sector should work together in collaboration to ensure that the economy...

May 16, 2015 No Responses

Iran to Share Data Regarding Investments with Malaysia

Malaysia, one of the major economies in the world, has expressed interest to invest in the economy of Iran. The Managing Director of the Government of Malaysia’s collaboration group, Yusuf Suleiman, said that the high-tech industry of Iran is vast...

May 15, 2015 No Responses

Co-operation at Economic Level with China Should be Enhanced: Discernment Council

As per the recent statement given by the Expediency Discernment Council of Iran, the country is working towards improved ties with China. Mohsen Rezaee, the Secretary of this Council stated that China is the largest consumer of Iran’s oil and...

May 13, 2015 No Responses

Rapid Progress in Agriculture to Make Sanctions Ineffective: Official

As a result of the harsh economic sanctions imposed against the economy of Iran, the economy is suffering greatly and the economy has now turned fragile. Due to this, Iran is facing a high level of inflation and unemployment. Also,...

May 7, 2015 No Responses

Conservative MP Praises the Delay in Sanctions Imposed on the Economy of Iran

In a recent turn of events, the Government of United States has abstained from imposing any further sanctions against the economy of Iran. This move was highly appreciated by Ali Motahari, a Member of Parliament of Iran. He said that...

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