Tehran
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TEDPIX lost 2 points in a day

Tehran Stock Exchange (TSE)’s main index (TEDPIX) slid two points to end Monday’s trade at 81,659, Tasnim news agency reported. As reported, 468 million shares worth 1.15 trillion rials (about ...
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EEU expects to sign free trade deal with Iran this year

A temporary agreement on establishing a free trade zone between the Eurasian Economic Union (EEU) and Iran may be signed in 2017, said the chairman of the Eurasian Economic Commission ...
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Erdogan Warns Turkish Banks

Turkish President Recep Tayyip Erdogan this week launched a fresh barrage of criticism and warnings at banks, charging that they are making unfairly large profits during a time of economic ...
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Environmentalists censure Kuwait media blackout on oil spill

Kuwait has been criticized for its cover-up of an oil spill in the Persian Gulf waters as an environmental campaigning group says authorities did not issue proper warning about the ...
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AI researcher, Fuzzy logic founder Askarzadeh passes away

The founder of fuzzy logic and University of Tehran graduate Lotfali Askarzadeh passed away at the age of 96. The mathematician and artificial intelligence (AI) scientist passed away on Saturday ...
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Total’s deal ‘breaks the ice’, Iran says

Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia has said that the deal with Total breaks the ice of foreign investment in Iran’s economy. In early July, ...
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Iranian Exporters Question Future Viability of Iraq Market

In an unexpected turn of events, Iraqi officials have blocked the entry of truckloads of Iranian watermelon, melon, tomato and potato at the border, inflicting a huge loss on Iranian ...
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Iran in Talks to Buy 45 Airbus Choppers

The Iranian government is in talks with the European aircraft manufacturer Airbus to purchase 45 helicopters, a deputy roads and urban development minister said. “The Health Ministry is planning to ...
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TEDPIX Ends Week at 42-Month High

Tehran Stock Exchange’s main index TEDPIX gained 313 points or 0.4% during the week that ended on August 2 to end at a 42-month high of 81,579. TEDPIX’s leap to ...
Inflation

Egypt Inflation Soars to 33%

Egypt’s inflation has jumped to almost 33%, the government said Thursday as Egyptians continue to brace themselves in the face of steep price hikes and austerity measures. According to figures ...
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