Business
Dec 28-31, 1998 / Dey 7-10, 1377
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Today
* Egyptian trade fair to be held in Iran
* Majlis committee Oks bill on car imports
Previous
* IIC urges Clinton to allow food sales to Iran
* Oil sags on glut despite Iraq clash
* Oil gains appear fragile as OPEC bickers
* Electricity generation capacity to rise
* Iran backs OPEC talks to rescue oil price
* Iran economic woes hit tax-fee Kish island-IRNA
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Updated December 31, 1998
* To send money to Iran, the rate is 700-715 tomans per
dollar, depending on how much you wish to send.
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dollar.
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Thursday
December 31, 1998
* Egyptian trade fair to be held in Iran
CAIRO, Dec 30 (AFP) - An Egyptian trade fair is to be held in Iran in
June, the first in 20 years, Egyptian officials said Wednesday. A variety
of Egyptian products will be on display at the fair from June 21-26, the
MENA news agency quoted organizer Mohammad Said Saleh as saying ... FULL TEXT
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* Majlis committee Oks bill on car imports
TEHRAN, December 30, 1998 (Dow Jones Newswires) - A controversial bill
to allow the imports of foreign manufactured automobiles into Iran has
been approved by an Iranian parliament commission, reported the Persian
newspaper Abrar Wednesday ... FULL
TEXT
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Wednesday
December 30, 1998
* IIC urges Clinton to allow food sales to Iran
Washington DC, December 25, 1998, (IIC) - Iranians for International
Cooperation (IIC) welcomes Senator Craig's initiative to persuade the Treasury
Department to grant necessary license for the $500 million worth of farm
exports to Iran. In a letter to President Clinton, IIC's Chairman urges
the US administration to hear the request of the US lawmakers and allow
sales of food commodities to Iran ... FULL
TEXT
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* Oil sags on glut despite Iraq clash
LONDON, Dec 30 (Reuters) - Oil prices sagged under the weight of global
oversupply on Wednesday despite a fresh clash between producer Iraq and
U.S. and British warplanes. Benchmark Brent crude for February delivery
closed 13 cents down at $10.48 a barrel. Prices declined after neutral
U.S. storage data released overnight failed to excite buyers, traders said.
Mild weather in northern Europe also played its part in dampening winter
demand in an enfeebled market buried under a mountain of stored oil ...
FULL
TEXT
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Tuesday
December 29, 1998
* Oil gains appear fragile as OPEC bickers
LONDON (Reuters) - Oil prices rose Tuesday on fresh U.S.-Iraq tension,
but the gains looked brittle amid signs of deepening disarray within the
OPEC producer club. International benchmark Brent crude from the North
Sea was trading 35 cents higher at $10.46 a barrel by late morning, almost
a dollar off a 12-year low of $9.55 hit last week ... FULL
TEXT
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* Electricity generation capacity to reach 50,000 mw
Tehran, dec. 29, IRNA - iran's electricity generation capacity would
reach 48,000-50,000 mw within 10 years, deputy head of tavanir company
(iran's power generation and transmission company) masood hojjat said here
on tuesday. speaking to irna, hojjat further stated that the country's
power plants presently can output 26,600 mw which puts iran 21st in terms
of electricity generation in the world ... FULL
TEXT
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Monday
December 28, 1998
* Iran backs OPEC talks to rescue oil price
DUBAI (Reuters) - Iran Sunday said it would back any new moves to rescue
the besieged oil market but warned that some fellow OPEC producers were
using Tehran's controversial demands to mask other problems in the fractious
cartel. Iran's OPEC Governor Hossein Kazempour Ardebili said Tehran would
support holding an emergency meeting of the Organization of the Petroleum
Exporting Countries (OPEC) to boost the oil price currently at 12-year
lows ... FULL
TEXT
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* Iran economic woes hit tax-fee Kish island-IRNA
TEHRAN, Dec 28 (Reuters) - Many Iranian holiday-makers, hit by an economic
slowdown after a slump in oil prices, are staying away from Iran's duty-free
island of Kish in the Persian Gulf. Kish airport head Hassan Baniadam,
quoted by Iran's news agency IRNA on Monday, said most flights to the holiday
and shopping island were cancelled at the weekend due to the low number
of passengers. Baniadam said domestic carriers Kish Air, Asseman, Mahan,
Caspian, and Sahan had cancelled flights to Kish, it said ... FULL
TEXT
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Friday,
December 27, 1998
*
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