Saturday, July 27, 2024

Taliban Sets Up Investment Consortium With Firms From Iran, Russia

KABUL, Feb 22 (Reuters) - Afghanistan's Taliban-led administration has set up a consortium of companies, including some in Russia, Iran and Pakistan, to create a investment plan focusing on power, mining and infrastructure, the acting commerce minister said...

Jilin Jinguan Electric to Build Road Between Iran and Russia for New Energy Facilities

BEIJING, May 24 (Reuters) - Shenzhen-listed Jilin Jinguan Electric Co Ltd 300510.SZ signed a memorandum of understanding (MoU) to build a road between Iran and Russia for the constructions of new energy facilities, it said on Wednesday. The company plans to...
Maduro's Government celebrates the arrival of Iranian tankers with gasoline

Venezuela to Contract for Two Iran-Built Oil Tankers To Expand Fleet

By Mircely Guanipa and Marianna Parraga PUNTO FIJO, Venezuela, Feb 13 (Reuters) - Venezuela will contract with an Iranian shipyard to build two oil tankers under an existing construction agreement bedeviled by payment delays and difficulties with...

Tehran Interested in Trade With Taliban– Minister

By Mohammad Yunus Yawar KABUL, Jan 2 (Reuters) - The Taliban administration will encourage self-sufficiency and wants international trade and investment, the acting commerce minister said, as Afghanistan faces isolation and suspension of some humanitarian operations over...

German Exports to Iran Rise Despite Diplomatic Tensions

BERLIN, Jan 10 (Reuters) - German exports to Iran rose last year, according to data seen by Reuters, despite Western condemnation of Tehran's months-long crackdown against protests. German exports to Iran climbed 12.7% year-on-year from January to...

Sri Lanka Set to Start Tea-for-Oil Barter With Iran Next Month

By Uditha Jayasinghe COLOMBO, June 23 (Reuters) - Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit...

U.S. Weighs Sanctions for Chinese Companies Over Tehran Surveillance Buildup – WSJ

Feb 4 (Reuters) - The U.S. is considering new sanctions on Chinese surveillance companies over sales to Iran's security forces, the Wall Street Journal reported on Saturday citing people familiar with the matter. U.S. authorities are in advanced discussions on...

Iran’s Currency Slides to Record Low As Savers Buy Dollars

DUBAI, Feb 25 (Reuters) - Iran's rial currency sank to a record low against the U.S. dollar on Saturday despite central bank measures aimed at cooling demand for foreign currency from savers worried about inflation and...

ANALYSIS – China Saves Billions of Dollars From Record Sanctioned Oil Imports

By Chen Aizhu and Muyu Xu SINGAPORE, Oct 11 (Reuters) - China has reaped savings this year of nearly $10 billion through record purchases of oil from countries under Western sanctions, according to Reuters' calculations based on data from...

Iran’s 2023-24 Budget Earmarks Massive Funds for Religious Institutions

By Kayhan Life Staff President Ebrahim Raisi submitted his government’s 2023-24 Budget Bill to the Majlis (Iranian Parliament) last week. The government’s proposed budget calls for increasing funds allocated to religious and ideological institutions. https://kayhanlife.com/news/iran/analysis-iran-crackdown-may-burnish-raisis-credentials-for-top-job/ https://kayhanlife.com/society/human-rights/exclusive-u-n-expert-backs-probe-into-irans-1988-killings-raisis-role/ The massive deficit...