The government is unwilling to pull down the inflation further.
Economy Minister Ali Tayyebnia said the government has reached “the stiff core of the inflation” and that “it has become difficult to fight it”
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B ank Sepah has opened a $1 billion credit line for a gas refinery project, as the first tranche of a $2.2 billion syndicated loan, said Bank Sepah’s chief executive
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The plan to prepare the ground for Iranian bank cards to be used in other countries will be implemented at the beginning of the next fiscal year in March, announced the deputy for innovative technologies at the Central Bank of Iran
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Banks in Switzerland could seize the opportunity of playing a leading role in financing investment projects in Iran, President Hassan Rouhani’s chief of staff said in a meeting with members of Swiss Bankers Association on Thursday
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Integrated oil majors like ExxonMobil, Chevron and Shell once dominated the standings of the world’s leading energy companies, with assets, revenue and earnings far outpacing just about everyone else
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R has reached a deal with Iran's government to open a plant for making at least 150,000 vehicles a year, as European companies race for a share of Iran's market now that international sanctions have been lifted
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R epresentative from French planemaker Airbus and its American rival Boeing, which recently acquired a vital US license to sell jetliners to Iran, will travel to the Islamic Republic in the coming week to pursue talks with Iranian airlines, announced Minister of Roads and Urban Development Abbas Akhoundi on Saturday
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plans are underway to build new power plants with distributed generation (DG) system and a capacity of 4,000 megawatts during the sixth five-year economic development plan (2016-21).
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A senior government official says 66 foreign direct investment projects worth $5.16 billion are being implemented after the nuclear agreement (Joint Comprehensive Plan of Action) came into effect in January
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Finding travel agencies in major cities of Iran is not difficult; there is one around every corner, offering a variety of tours to different locations
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The Central Bank of Iran on Sunday officially allowed banks to start trading in the open hard currency market in line with its declared aim to unify the forex rates. Given the history of similar moves in the past, the move attracted mixed reactions with many commentators reiterating the fact that a single forex rate is central to attracting foreign investment
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