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Constructive Talks on JCPOA Implementation
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Foreign Minister Mohammad Javad Zarif described as "constructive" meetings with delegations from major powers in Vienna on Thursday and Friday to discuss ways to facilitate the implementation of the recent nuclear deal. The talks took place on…
224 Killed in Russian Air Crash
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A Russian airliner carrying 224 passengers and crew crashed in Egypt's Sinai Peninsula on Saturday and a security officer at the scene said all on board appeared to have been killed. The Airbus A321, operated by Russian airline Kogalymavia under…
Stimulus, CBI and Changing Patterns
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The latest economic incentive package unveiled by the government has been in the headlines since it was announced with much fanfare two weeks ago. It is seen by many as a change of course by the administration from strict monetary tightening to tackling…
Insurance Sector Reforming to Attract Foreign Firms
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Reinsurance, opening new branches, purchasing domestic insurers' shares and joint investments in the industry are among potential opportunities for cooperation with foreign firms, according to a senior official at the Central Insurance of Iran. Rahim…
Zarif Outlines Plan on Syria
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International peace talks on Syria convened in Vienna on Friday, where Iran's Foreign Minister Mohammad Javad Zarif underlined essential features that should characterize any effective initiative. Foreign ministers of Iran, Russia, the United States,…
PPI Inflation at 6.6%
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The Producer Price Index in the 12-month period ending September 22, which marks the end of summer, increased 6.6% compared to the same period of last year. Mehr News Agency also cited the Statistical Center of Iran's latest report as saying on Monday…
Inflation Keeps Falling
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The goods and services Consumer Price Index for urban areas increased 13.3% in the 12-month period ending October 22, which marks the end of the Iranian month of Mehr, compared to the similar period of last year, according to the latest report by the…
Govt' Trying to Lift Housing Market
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The minister of roads and urban development has proposed raising the value of 'Jualah' contracts from 100 million rials ($3,340 at the official exchange rate) to 200 million rials ($6,670), to help increase the purchasing power of homebuyers.
Govt' Trying to Lift Housing Market
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The minister of roads and urban development has proposed raising the value of 'Jualah' contracts from 100 million rials ($3,340 at the official exchange rate) to 200 million rials ($6,670), to help increase the purchasing power of homebuyers.
IMF SEES GDP RISE POST SANCTIONS
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The International Monetary Fund (IMF) says the recent agreement to remove most economic sanctions on Iran will be positive news for the global economy. According to the fund, the expected lifting of economic sanctions following Iran's nuclear deal…