Deputy Managing Director of the International Monetary Fund (IMF) Naoyuki Shinohara hailed Iran’s economic development since President Hassan Rouhani took office in June 2013. He made the remarks in a meeting with Governor of Central Bank of Iran Valiollah Seif on the sidelines of the IMF-World Bank Annual Meeting in Washington. Shinohara described the Iranian […]

European Union sanctions on Iran’s main oil tanker firm, the National Iranian Tanker Company (NITC), have been annulled after the EU failed to appeal against a court ruling that ordered the measures to be lifted, the shipping company said on Tuesday. In July, the Luxembourg-based General Court ruled there were no grounds to blacklist the […]

Expansion of mining exploration activities requires more than $100 million, said the deputy head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO). Jamshid Molla-Rahman said the figure was stipulated in the memorandums of understanding (MoUs) signed by the Geological Survey of Iran and IMIDRO, IRNA reported. He added that this amount […]

Senior Iranian lawmaker Mohammad Hassan Asafari says the Islamic Republic welcomes engagement with all countries in the world if they are sincere in their words and deeds, Press TV reports. “We welcome expansion of ties with all countries; we have never been hostile towards any country,” Asafari told Press TV on Sunday. Asafari made the […]

Government is committed to continue positive interaction with the world, First Vice President Eshaq Jahangiri said on Saturday. Speaking in a meeting with Health Ministry officials, he said that illegal international sanctions had negatively impacted various sectors including the health sector. President Hassan Rouhani’s administration has had a positive interaction with the world and reached […]

“Published in the Donyaye Eghtesad newspaper dated 23rd  Tir 1393 (14th July 2014) By: Dr. Abbas Vafadar, CPA (Iran), Judiciary Official Expert and university lecturer. If the revised accounting standard No.15 (INVESTMENTS) becomes operative, the investment companies and all other companies are obligated to recognize the gain resulting from appreciation in value of available for […]

China owes Iran €22 billion in oil and gas debt, vice president for planning and strategic supervision Mohammad Baqer Nobakht has said. In this line, Iranian parliament speaker Ali Larijani traveled to China on Tuesday to discuss mechanisms for paying the debt. China is Iran’s biggest trading partner, Larijani said before heading to China. Iran […]