Classic Layout

Iran to Privatize Telecommunication Co. in Months

TEHRAN (FNA)- The Iranian government confirmed that it plans to sell a 50% stake in the state-controlled Telecommunication Co of Iran (TCI) in March – which marks the end of the Iranian year. Based on earlier statements, any foreign bidder would be limited to a 35% stake and would have …

Read More »

EU says unclear when Russian gas supplies to resume

BRUSSELS (Reuters) – The European Union Presidency said on Sunday that it was not clear when gas supplies would resume to Europe despite a deal announced by the prime ministers of Ukraine and Russia. “We welcome the progress achieved in the talks between the representatives of the Russian Federation and …

Read More »