Iran said on Saturday that it plans to participate in the construction of an oil refinery in Spain in what appears to be a long-term strategy to guarantee its own sales to Madrid.
An Iranian deputy energy minister inaugurated a photovoltaic power station north of capital Tehran on Saturday.
The World Bank has forecast a major growth rate of 5.8 percent for the Iranian economy in 2016 as the country starts to benefit from the economic gains that the removal of multiple year sanctions is expected to bring about.
As Iran is preparing for the removal of sanctions and the openings that it will create in various sectors, fresh debates are emerging in the country over the need to devise more efficient energy policies – what is expected to help the country’s economic growth.
A TPO official has said that Iran is moving toward becoming a member of the WTO, adding that the country has to pay a dear price for not being a WTO member.
The first likely impact of the decision by the Federal Reserve will be a rise in the value of the greenback.
NACO will be in charge of providing consulting services for the development of Phase 1 of IKIA Airport Town for a period of five years.
An Iranian economist has said that a monkey wrench has been thrown into the works of Iran’s economy in the form of a US congressional bill, adding that Iranian officials should oppose the bill which violates JCPOA.
An Iranian MP has said that foreign bank presence in Iran would infuse liquidity into the national economy which could help production flourish, if managed properly.
The deputy trade minister has said that the US import ban only applies to consumer products and should not be generalized to other areas.