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News and reports about all things to do with commerce, trade, banking and industry in Iran and the world. Covering ongoing developments, market news, contracts, joint ventures, trade delegations, chambers of commerce, manufacturing, labour news and resource management.

Renault to Come to Iran with Five New Models

Renault to Come to Iran with Five New Models

French Renault automobile manufacturer is to be in Iran's market with five new products, an official at Iran’s Development and Renovation Organization (IDRO) announced.

Japan PM due in Iran to expand oil cooperation

Japan's Prime Minister Shinzo Abe will pay a visit to Tehran to hold talks with Iranian officials on ways to expand oil cooperation, Iran’s Oil Minister Bijan Zangeneh says.
Trade ship

Iran’s annual foreign trade hits $102 billion

The volume of Iran's exports last year witnessed a 4.83 percent increase compared to a year earlier, and the value of exports jumped by 18.87 percent.

Iran in Possession of World’s Biggest Floating Oil Inventory

Iran has the world's greatest floating crude oil storage which amounts to over 35 million barrels.
Bijan Namdar Zangeneh

Iran to increase oil output to 5.7 million bpd by 2018

Oil Ministry has a planned to increase oil output to 5.7 million bpd by 2018, Deputy head of the Majlis Energy Commission Ali Marvi said on Saturday citing the plannings presented by Oil Minister Bijan Namdar Zanganeh.

Iran Ready to Resume Gas Exports to Iraq

Iran says it is ready to proceed with a much-awaited project to export natural gas to Iraq as soon as Baghdad takes measures to make the related payments.

Iran’s Fierce Competition with Iraq over Joint Oilfields

Iran’s employment of Chinese contractors, rather than Western firms, for the development of its joint oilfields has been criticized by energy experts, particularly now that Iraq has speeded up its output from the oilfields it shares with Iran.

Long-time cooperation with Europe, Iran’s priority: Minister

The Islamic Republic of Iran's priority in its ties with Europe is long-term, sustainable, mutual cooperation, said Nematzadeh in his meeting with the Austrian president.

Iran to resume carpet exports to US: Official

The termination of general and direct sanctions against Iran will have a major impact on the increase of carpet experts to the US, Hamid Kargar said.

Paris ready to develop economic-industrial cooperation with Tehran

France Foreign Minister's Advisor, Jacques de Lajugie said that there is suitable ground for Tehran-Paris economic and industrial cooperation and it is welcomed by France.

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