Top Iran News

  • Oil embargo on Iran will drive up prices: OPEC envoy


    US and EU sanctions on Iran's oil exports will drive up oil prices globally because no viable alternative exists for the Islamic republic's output, Iran's envoy to OPEC was quoted as saying by the Mehr news agency on Tuesday. AFP - 14Feb 10:24GMT
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  • 'Decision' on Iran imminent: Russian army chief


    The head of Russia's army said Tuesday he expected a "decision" on Iran to be taken by Western powers this summer in response to Tehran's disputed nuclear programme. AFP - 14Feb 09:13GMT
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  • Kuwait has backup plan if Strait of Hormuz closed


    As a member of OPEC, Kuwait has a "backup plan" in case Iran decides to close the Strait of Hormuz, the Al Arabiya TV Channel quoted Kuwait Oil Corporation General Director Farooq an-Nazki as saying on Monday. Trend News Agency - 14Feb 08:02GMT
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  • India,Iran work out rupee trade mechanism


    Indian and Iranian governments have worked out Rupee trade mechanism for payment of India's total crude imports from the latter in Rupees rather than convertible currency - the US Dollar normally used for such trade globally, The Time of India reported. Trend News Agency - 14Feb 08:01GMT
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  • Iran summons Bahrain envoy over embassy protest


    Iran has summoned Bahrain's envoy to Tehran to protest a demonstration outside its embassy in Manama on the anniversary of a Shiite uprising in the Gulf Arab kingdom, media reported. AFP - 14Feb 07:40GMT
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  • Iran, China discuss issues of mutual interest


    Secretary of Iran's Supreme National Security Council Saeed Jalili conferred on Monday with Chinese Deputy Foreign Minister Ma Zhaoxu on issues of mutual interests as well as regional and global developments. IRNA - 14Feb 07:28GMT
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  • Doha keen on exchange of legal experiences with Iran: official


    Chief Justice of Qatar on Monday voiced his country's readiness to exchange experiences in the legal and judicial areas with the Islamic Republic of Iran. IRNA - 14Feb 07:28GMT
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  • Expansion of Iraq ties on agenda: Iran energy minister


    Expansion of ties with Iraq is among the long-term strategies of the government, said Energy Minister Majid Namjou on Monday. IRNA - 14Feb 07:07GMT
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  • Russia, Lebanon eager to purchase eggs from Iran


    Russia and Lebanon have shown willingness to purchase eggs from Iran, head of Tehran Province Agricultural Jihad Department for Poultry Affairs Ali Moradi said here Monday. IRNA - 14Feb 07:04GMT
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  • President inaugurates six development projects in southeast Iran


    Iranshahr, Sistan and Baluchestan Prov - President Mahmoud Ahmadinejad inaugurated six road construction projects in the southeastern province of Sistan and Baluchestan Monday morning. IRNA - 14Feb 07:01GMT
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Financial Services
Most trusted ME banks
Thirty-three Middle East banks are among 500 of the world's most trusted banks, according to a new study.
 

 
Blocked internet
Internet users in Tehran and some other cities in Iran were unable to access Google, Yahoo and other foreign websites on Friday, with some fearing government censorship ahead of the anniversary of a major opposition march.
 

 
Markets
BRIC vs MENA
A number of ME markets are trading at valuations below their BRIC counterparts, says NBK Capital. With a few potential catalysts such as an MSCI upgrade and Saudi opening up, there may even be hope for the unthinkable: a rally.
 
 
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1 Bank Melli Iran Iran 43,000
2 Bank Tejarat Iran 21,298
3 Abadan Petrochemical Company Iran 10,000
4 Canaliran Iran 9,400
5 National Iranian Drilling Company Iran 6,400
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