Economic News

PGCC business leaders hail opening of Iranian economy

By | June 2nd, 2015|Economic News|

Tehran, June 1, IRNA – A substantial majority of the Persian Gulf Cooperation Council business leaders see the opening of the Iranian economy as a positive development, according to a survey conducted by polling group Zogby Research Services, a management consulting firm. The semi-annual survey of business leaders in Saudi Arabia, the UAE, Qatar, and [...]

China to pay for Iran oil, gas exports in cash

By | June 2nd, 2015|Economic News|

TEHRAN (Tasnim) – China will pay for Iranian oil and gas in cash according to an agreement between the two countries, Chairman of Iran-China Joint Chamber of Commerce Asadollah Asgaroladi said. Speaking to the Tasnim News Agency, Asgaroladi said there is no problem for the remittance that Iran should receive from China for oil exports. [...]