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Tag Archives: Hassan Rouhani

Iran trims 25% projected oil revenue in budget draft

TEHRAN: Iranian President, Hassan Rouhani, said in an address to parliament that Iran has trimmed 25 percent projected oil revenues in new budget draft for 2015-2016 to drop of oil price in international market. The decision was taken by lawmakers as they voted point by point on the draft budget submitted in December and which must be ratified by the ... Read More »

Rouhani says Saudi, Kuwait will suffer alongside Iran from oil price drop

TEHRAN: Hassan Rouhani, Iranian President said that countries behind the fall in global oil prices would regret their decision and warned that Saudi Arabia and Kuwait would suffer alongside Iran from the price drop. Rouhani said as oil plunged to near six year lows on international markets, those that have planned to decrease the prices against other countries will regret this decision. Oil prices have ... Read More »

Russian naval fleet visits Iranian port on Caspian Sea

TEHRAN: A Russian naval fleet berthed at Iran’s northern port city of Anzali consisting of two missile-launching warships. The Russian warships, namely the Dagestan and the Grad Sviyazhsk, made port call in Anzali, on the south coast of the Caspian Sea, on Monday morning. The fleet is planned to stay at the port until Wednesday. Meanwhile, high-ranking commanders representing Iran ... Read More »

Iran announces 300km subway worth $850m to boost trade with Turkey

TEHRAN: Iran has entered a new temperate era with its new president, Hassan Rouhani. Aiming to increase economic cooperation in the global arena, Iran is carrying out significant projects in cooperation with Turkey. Besides a 300-kilometer-long highway project, the most important project in Iran’s infrastructure was chartered to Turkey. Iran gave the Tabriz subway project to Ankara-based Bergiz İnşaat. Berfu ... Read More »