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August 30-September 3, 1999 / Shahrivar 8-12, 1378

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Today

* Wheat groups urge Clinton to give Iran farm credit

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* Wheat groups urge Clinton to give Iran farm credit
* Iran to Sell Oil to Turkey to Help Offset Oil Losses
* Foreign, homemade models on show at Iran's first car fair
* Iran signs Caspian exploration deal with local firm
* Central bank chief no-show on radio program
* U.S. reviewing Iran farm credit ban
* Iran to set up bank with Saudi Arabia, UAE

* Saudi,Iran urge OPEC to focus on oil stocks
* U.S. fails to win any Iranian wheat orders
* Caspian ecology endangered - Iran expert
* Khatami seeks support for Iran investment
* Iran's first world-class business center inaugurated

News | Sports | Arts | Rights | Community


Monday | Tuesday | Wednesday | Thursday | Friday


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$ Rate

Updated September 3, 1999

* Buying: 880-900 tomans per dollar

* Selling: 906 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,
September 3, 1999

* Wheat groups urge Clinton to give Iran farm credit

WASHINGTON, Sept 2 (Reuters) - Groups representing American wheat farmers on Thursday joined the chorus of lawmakers and farm groups urging the White House to extend export credits to Iran to boost U.S. agricultural sales ... FULL TEXT

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Thursday
September 2, 1999

* Wheat groups urge Clinton to give Iran farm credit

WASHINGTON, Sept 2 (Reuters) - Groups representing American wheat farmers on Thursday joined the chorus of lawmakers and farm groups urging the White House to extend export credits to Iran to boost U.S. agricultural sales ... FULL TEXT

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* Iran to Sell Oil to Turkey to Help Offset Oil Losses

ANKARA (Sept. 2) XINHUA - Iran is expected to sell oil to Turkey to help it offset the losses caused by the fire at the Tupras oil refinery in Izmit, epicenter of the 7.4-magnitude earthquake in western Turkey on August 17 ... FULL TEXT

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* Foreign, homemade models on show at Iran's first car fair

TEHRAN, Sept 2 (AFP) - French, South Korean and Iranian-made cars were on display along with vintage American automobiles Thursday as Iran's first international automobile fair opened its doors in Tehran ... FULL TEXT

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* Iran signs Caspian exploration deal with local firm

TEHRAN, Aug 31 (Reuters) - Iran on Tuesday signed contracts valued tentatively at a total $50 million with the local Petro Iran Development Company (PEDCO) for oil and gas exploration in the Caspian Sea, the official Iranian news agency IRNA reported ... FULL TEXT

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* Central bank chief no-show on radio program

TEHRAN, Sept 1 (AFP) - The governor of Iran 's central bank came under fire Wednesday after failing to appear for a live radio programme to take questions from listeners about the nation's ailing economy ... FULL TEX

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Wednesday
September 1, 1999

* U.S. reviewing Iran farm credit ban

SEATTLE, Sept 1 (Reuters) - The United States is considering giving Iran credit to buy U.S. food despite the Clinton Administration's initial decision not to provide such aid, Agriculture Secretary Dan Glickman said Wednesday. Glickman added that a $1 billion pilot programme of food aid to Russia was working well and may be extended into next year ... FULL TEXT

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* Iran to set up bank with Saudi Arabia, UAE-paper

TEHRAN, Sept 1 (Reuters) - An Iranian state-affiliated body has agreed with partners in Saudi Arabia and the United Arab Emirates (UAE) to set up the first foreign bank in Iran since the 1979 Islamic revolution, a newspaper reported on Wednesday ... FULL TEXT

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Tuesday
August 31, 1999

* Saudi,Iran urge OPEC to focus on oil stocks

DUBAI, Aug 31 (Reuters) - Leading oil producers Saudi Arabia and Iran are urging their fellow OPEC members to look at oil stock levels, not just prices, when determining the group's production policies ... FULL TEXT

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* U.S. fails to win any Iranian wheat orders

London, aug. 31, IRNA - U.S. grain suppliers have failed to secure any wheat orders from Tehran this season, despite being given recent waivers by washington to export to Iran ... FULL TEXT

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* Caspian ecology endangered - Iran expert

RASHT, Iran, Aug 31 (Reuters) - The Caspian Sea, the world's largest inland sea, faces a potential ecological disaster due to heavy pollution, overfishing and public indifference towards the environment, an Iranian expert said on Tuesday ... FULL TEXT

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Monday
August 30, 1999

* Khatami seeks support for Iran investment

TEHRAN, Aug 28 (Reuters) - Iranian President Mohammad Khatami, striving to lift the economy from chronic recession, on Saturday called for creating safe conditions for investment in Iran ... FULL TEXT

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* Iran's first world-class business center inaugurated

Tehran, August 28, 1999 -- Millennium International Business Center (MIBC) was established in August 1999 as the first world-class business center in Iran. A group of returning Iranian expatriates recognized that Iran in many ways lacks the infrastructure needed to draw in the capital it wants from overseas investors. They created MIBC to address these problems ... FULL TEXT

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$ Rate

Updated September 3

Buying: 880-902 tomans per dollar

Selling: 906 tomans per dollar

Sehaty Exchange (U.S.) 602-595-0777


Forum

U.S.-Iran Business Council Forum

The Iranian Trade Association, along with our host, the Washington International Trade Association will present the First Quarterly U.S.-Iran Business Council Forum: "The Process of Engagement" on Wednesday, February 3, 1999 in Washington, DC ... MORE DETAILS


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