Business
August 2-6, 1999 / Mordad 11-15, 1378
News
| Sports
| Arts
| Rights
| Community
Today
* Iranian leaders warn of new "plots"
* Oil firmer before Caracas exporters' meeting
Previous
* Red tape blocking U.S. food sales
to Iran - Senator
* Khatami under pressure to improve economy
* Iran buys 1M tons of wheat from Canada
* Khatami calls economic plan "great step forward"
* Iran issues state bonds to cover budget deficit
* Iran says bought 5.6 mln tonnes wheat since March
* Too soon to cash in on oil rally-Iran
* Iran to get extra $3 billion in oil revenue
* Iran development projects not getting state funds:
paper
* New rules in largest state-affiliated conglomerate
News
| Sports
| Arts
| Rights
| Community
Monday | Tuesday | Wednesday
| Thursday | Friday
Get Persian fonts from Hamshahri
or Payvand
email us
$ Rate
Updated August 26, 1999
* Buying: 880-897 tomans per dollar
* Selling: 902 tomans per dollar
Source: Sehaty Foreign Exchange. Call in U.S.: 602-595-0778 OR
500-288-8881, Fax: 602-595-0222. Address: PO Box 3230, Carefree,
AZ 85377, USA. Mention this code for a better rate:
FA37B
Friday,
August 27, 1999
* Iranian leaders warn of new "plots"
TEHRAN, Aug 27 (AFP) - Iranian Interior Minister Abdolvahed Mussavi-Lari
warned Friday of "new plots" against the government of President
Mohammad Khatami aimed at showing its economic policy was a failure ...
FULL TEXT
Go to top
* Oil firmer before Caracas exporters' meeting
LONDON, Aug 27 (Reuters) - Oil markets were slightly firmer on Friday
before a Saturday meeting in Caracas between the three exporting countries
which engineered this year's sharp revival in prices. International benchmark
Brent crude in London was last traded up 19 cents at $20.76 a barrel after
repairing on Thursday nearly all the damage sustained in an 80-cent slide
the previous day ... FULL
TEXT
Go to top
Thursday
August 26, 1999
* Red tape blocking U.S. food sales to Iran - Senator
WASHINGTON (Reuters) - For the second time in two days, a senator has
called on the Clinton administration to ease its new rules for making food
sales to Iran. The requests follow Iran's decision to bypass the U.S. market
this week and purchase more than 1 million tons of wheat from Canada ...
FULL
TEXT
Go to top
* Iran's Khatami under pressure to improve economy
TEHRAN, Aug 25 (Reuters) - Iranian President Mohammad Khatami is coming
under growing pressure to shift attention from political and social reform
and address the country's troubled economy, plagued by recession, inflation
and unemployment.... FULL
TEXT
Go to top
Wednesday
August 25, 1999
* Iran buys 1M tons of wheat from Canada, sources say
CHICAGO (Dow Jones)-- Iran bought one million metric tons of wheat from
Canada Wednesday, sources said ... FULL
TEXT
Go to top
Tuesday
August 24, 1999
* Khatami calls economic plan "great step forward"
TEHRAN, Aug 24 (AFP) - Iranian President Mohammad Khatami defended his
new five-year economic plan on Tuesday as a leap forward for the Islamic
republic's hobbling oil-dependent econcomy. "We need a profound change
to reform and strengthen our economic infrasturcture," Khatami said
as Iran kicked off its annual "Government Week" to evaluate the
state of the nation ... FULL
TEXT
Go to top
* Iran issues state bonds to cover budget deficit
TEHRAN, Aug 23 (Reuters) - Iran issued state bonds worth up to 500 billion
rials on Monday, part of an issue aimed at tackling a severe budget deficit
caused by last year's low oil prices. Tehran radio said state banks began
offering 500 billion rials worth of "national participation certificates",
which would provide an annual return of 19 percent ... FULL
TEXT
Go to top
* Iran says bought 5.6 mln tonnes wheat since March
TEHRAN, Aug 24 (Reuters) - Drought-hit Iran has imported 5.6 million
tonnes of wheat in the five months since March 1999, up 2.6 million tonnes
on the previous 12 months, a senior Iranian official said on Tuesday ...
FULL
TEXT
Go to top
* Too soon to cash in on oil rally-Iran
DUBAI, Aug 22 (Reuters) - OPEC powerhouse Iran said on Sunday that it
was too early for oil producers to abandon the global output cuts that
have sharply boosted prices to their highest levels in nearly two years
... FULL
TEXT
Go to top
* Iran to get extra $3 billion in oil revenue
TEHRAN (Aug. 23) XINHUA - Iran is expected to gain more than 3 billion
U.S. dollars in additional oil revenue this year as a result of the current
oil price recovery, according to the official Islamic Republic News Agency
(IRNA) ... FULL
TEXT
Go to top
Monday
August 9, 1999
* Iran development projects not getting state funds: paper
TEHRAN, Aug 8 (AFP) - Some 30,000 major development projects in Iran
risk being abandoned because state banks have failed to allocate the necessary
funds, a conservative newspaper said here Sunday. "Of these about
9,000 are industrial projects that were only launched with great difficulty
and have not been followed up on," the Abrar daily said, adding that
Iran 's state-run banks remain unwilling to fund the projects ... FULL TEXT
Go to top
* New rules in largest state-affiliated conglomerate
July 29, 1999, (Iran Weekly Press Digest) -- The new head of Iran's
largest state-affiliated conglomerate pledged to introduce sweeping changes
to the multi-billion-dollar group that has been beset by charges of inefficiency
and allegations of corruption. Mohammad Forouzandeh, named last week to
head the Foundation for the Deprived and War Disabled, said it planned
to sell loss-making businesses and take up more lucrative ventures ...
FULL TEXT
Go to top
Copyright © Abadan Publishing Co. All Rights Reserved.
May not be duplicated or distributed in any form
