TEHRAN – A total of 120 trillion rials (nearly $3 billion) is needed to complete urban development projects in Tehran, said Mohsen Hashemi, Tehran city council chairman. Various projects are underway in the capital, which requires some 120 trillion rials (nearly $3 trillion) to be completed, besides the subway, he stated, ISNA reported on Saturday. […]

 “Within the next few weeks, the procedure of injecting non-oil exports revenues into the foreign exchange secondary market will be lubricated to supply the required forex sources for imports,” the Public Relations Department of the Central Bank of Iran (CBI) quoted the bank’s Governor Abdolnaser Hemmati as saying on Saturday. According to Hemmati, €7.3 billion […]

 Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) and the Federation of Syrian Chambers of Commerce inked a memorandum of understanding (MOU) on Saturday addressing issues regarding long-term cooperation. The MOU was signed during an Iran-Syria business forum which was held for the first time after over a decade hiatus due to war in […]

 Transport and Urban Development Minister Abbas Akhoundi on Friday published his resignation letter, which was handed to President Hassan Rouhani on September 1. In the letter, Akhoundi criticized the Rouhani administration’s handling of U.S. sanctions for violating the essential rights of ownership and fair competition. He added that he has resigned on three previous occasions […]

Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) and the Federation of Syrian Chambers of Commerce inked a memorandum of understanding (MOU) on Saturday addressing issues regarding long-term cooperation. The MOU was signed during an Iran-Syria business forum which was held for the first time after over a decade hiatus due to war in […]

Iranian Minister of Roads and Urban Development Abbas Akhoundi has resigned. In a letter addressed to President Hassan Rouhani, Akhoundi announced his resignation and asked the president to accept his decision. This is while he had resigned on three previous occasions. Akhoundi said disagreements in urban redevelopment were the reason for his resignation. The letter, […]

Spokesman for the Iranian Parliament’s Presiding Board Behrouz Nemati announced Sat. the holding of a closed session in the Parliament to be attended by senior officials to review the latest talks on Iran’s accession to Combating the Financing of Terrorism (CFT). Nemati reiterated that the closed session will be held on Sunday, with Foreign Minister […]

 Iran’s Basij Commander Brigadier General Gholam-Hossein Gheibparvar, described Mirjaveh terrorist incident an indication of terrorists’ humiliation in confronting the facts of front of right. “What happened in Mirjaveh was not the victory of the terrorists, but their humiliation in the face of truths on the front of right,” he noted in a post on Saturday. […]

 Russian President Vladimir Putin said on Thursday that Russia cannot force Iran to end its presence in Syria and rejected U.S. and Israeli calls for Moscow to persuade Iran to pull its military forces out of Syria. It is not what Russia can make a decision about and a possible withdrawal is an issue between […]

 Tehran Friday prayer leader Ayatollah Ahmad Khatami has criticized the notion of joining the Financial Action Task Force (FATF), comparing it with going to the gallows. “The FATF’s executive secretary has said there’s no guarantee Iran would be removed from its blacklist,” Khatami told worshippers in Tehran on Friday, asking, “Now that there’s no guarantee, […]