OIC foreign ministers' two-day meet: Focus on regional common market

The Organisation of Islamic Cooperation (OIC) is the second largest inter-governmental organisation after the United Nations spread over four continents. The organisation is the collective voice of the Muslim world which endeavours to safeguard and protect the interests of the Muslim world in the spirit of promoting international peace and...

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Long wait for national minimum wage

Currently, there is no national minimum wage in the country. A strong reservation from the employers deters such a system to be in place. And it is very unlikely that the government would move in that direction in near future.It was in 2001, when the government had announced a revised...

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How Iran will respond to new sanctions

Since December 2017, Iran's currency, the rial, has lost one-third of its value. And on April 10, the exchange rate's rapid depreciation prompted the government to halt domestic foreign-exchange transactions and outlaw foreign-currency holdings of more than €10,000 ($12,000).This government's move represents a radical change of course, following three decades...

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