Geography plays an important role in shaping the relationship between Qatar and Iran, bringing the two countries together via maritime borders in the Arabian Gulf. Accordingly, they also share close economic relations, linked to the oil and gas industries, as a large part of Qatari energy comes from a common field with Iran.
Iranian President Hassan Rouhani’s promise last week to announce an “economic breakthrough” soon gave way to speculations that Iran was ready to approve anti-money-laundering laws mandated by the international community.
TankerTrackers.com, a company that tracks and reports shipments and storage of crude oil says Iran probably exports twice as much oil as estimated.
Russia is planning to build a port on the Caspian Sea near the city of Lagan to increase trade in the region and beyond.
Iran’s President Hassan Rouhani has said the country had planned to inaugurate 17 petrochemical projects by the end of the current Iranian calendar year, which ends on March 20, 2021.
As Iran’s economy continues to decline, many Iranians are struggling to make ends meet, unemployment and inflation are at a record high, and more people have become disaffected with the Islamic Republic
The initial public offering of 1 billion and 50 million shares, representing 15% of total equity shares of Amin Investment Bank (AIB) was held on Tehran Stock Exchange; out of total floated equities, 840 million shares were offered to the public on Wednesday
Varzeqan is one of the essential mining cities of East Azerbaijan province, northwest Iran, and it deserves to be named the golden city of this province. This city has several important gold exploring and exploiting projects in the two gold mines of “Andarian” and “Mazraeh Shadi.” The Andarian mine has been expanded in an area of 120 hectares and enjoys a considerable gold reserve equal to 30 million tons of five-percent grade.
The Iranian regime’s slogan over the past 41 years has been ‘neither East, nor West’, which means that this regime unlike the Shah’s regime is not dependent on any of the global powers.
Abdolnaser Hemati, the Iranian regime’s Central Bank President, acknowledged that rising prices of goods and the inflation rate is due to the regime’s wrong economic policies.
In a Friday speech marking the Islamic holiday of Eid al-Adha, Khamenei refused President Trump’s offer to negotiate with Iran about its nuclear program. He claimed that the offer was merely bait by the president to score political points ahead of the November presidential election.