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Iran to switch from gas to power exports

ECONOMY

Iran to switch from gas to power exports

Iran's former foreign minister Kamal Kharrazi - now the head of the country's External Relations Council - says Iran needs to switch to exporting electricity from exporting natural gas.

GOP to clash with Obama over Iran deal

FOREIGN POLICY

GOP to clash with Obama over Iran deal

Republican members of a US congressional panel have passed legislation that could set up a potential showdown with Democrats and the White House.

Iran's 2016 economic growth seen at 5.8%

ECONOMY

Iran's 2016 economic growth seen at 5.8%

The World Bank says Iran's economic growth in 2016 will reach 5.8 percent, stressing that the figure will be the highest in the Middle East and North Africa.

Iran found substitutes for UAE

ECONOMY

Iran found substitutes for UAE

Yahya Al-e Es'haq, the former head of Iran Chamber of Commerce, says Tehran has found replacements for the UAE as its new trade partner in the region in case the UAE decides to cut trade ties with Tehran.