Thursday, March 28, 2024

Business

Tehran, Seoul to Ink Multi-Billion Dollar Deals: Report

Construction companies from South Korea plan to sign contracts with Iran on a series of big development projects during an upcoming visit to the Islamic Republic by the president of the East Asian nation, South Korean industry officials said on Saturday.

Bright prospect for Iran-South Africa cooperation

Deputy Foreign Minister for Arab and African Affairs Hossein Amir Abdollahian says today Chinese, Indian and Turkish companies are turning into big economic and trade players in South Africa which further underlines the need for targeted and efficient planning of Iran’s private sector in the South African market and investment of that country in Iran.

Iran and Canada to Cooperate on Oil Industry Equipment Construction

A high-ranking oil industry official said that Iran and Canada are to cooperate on building equipment related to oil industry surface facilities.

Kerry: No objection in the way of foreign banks engaging with Iranian banks

Secretary of State John Kerry before meeting Iranian Foreign Minister Mohammad Javad Zarif on Friday said US has no objection does not stand in the way of foreign banks engaging with Iranian banks and companies.

Good News Awaiting Iran’s Foreign Trade within Two Months

Officials with Iran’s Trade Promotion Organization believe that the next couple of months will be full of good news for the country’s trade with other countries, with four new commercial attachés scheduled to be added to the list of Iranian envoys, and B2B ecommerce sites to be launched to facilitate the country’s trade ties.

Isfahan, Hong Kong discuss boosting trade ties

Members of Isfahan Chamber of Commerce, Industry, Mine and Agriculture met with a group of businessmen from Hong Kong on Tuesday evening to discuss venues for bilateral trade.

MSOGC Eyes 10% Rise in Output by March 2017

Managing director of Masjed Soleiman Oil and Gas Company said the company will boost its output by at least 10% by the end of the current Iranian calendar year to March 20 2017.

China to invest in Mehran Petrochemical construction

The deal for construction of first petrochemical power plant in Mehran was signed on Tuesday between the executor company of Petrosaman Faragostar and Chinese Company CNTIC.

Opening of EU Office in Tehran: Good News for Iranians

The European Union's Foreign Policy Chief Federica Mogherini announced on a recent visit to Tehran that the EU plans to open a permanent office in the Iranian capital in the near future. This move by the European bloc can be described as a great development for Iran. Asr-e Iran news website explains why the upcoming opening of an EU office in Iran is a good piece of news for a nation after the end of Western-imposed sanctions, as per the recent nuclear deal between Tehran and world powers.

Iran’s oil exports to hit 2mn bpd

An NIOC official has announced that Iran's sales of crude oil will reach 2mn barrels per day (bpd) in the current year.

Iran, France to Launch Aviation Training Schemes

Deputy Transport Minister Ali Abedzadeh said Iran and France have agreed to jointly launch aviation training schemes in Iran, including pilot and personnel training programs.

US company seeks Iranian petrochemical products

An Iranian energy official says a US company seeks to purchase petrochemical products from Abadan’s Petrochemical Co.

Iran Seeks Market Stability: Zangeneh

Iranian Minister of Petroleum Bijan Zangeneh says Tehran supports moves like the Doha conference which are aimed at tackling the consistent market volatility, saying that OPEC member "Iran has never had a role in the market instability".

Zarif: Iran Sees No Hurdle in Establishing ‘Healthy’ Economic Ties with US

Iranian Foreign Minister Mohammad Javad Zarif underlined that Tehran sees no obstacle in the way to establish normal and healthy economic relations with Washington.

Iran Joins UN Conference on Financing for Development

The head of the Iranian Investment Organization, Mohammad-Khazaie, joined the UN Conference on Financing for Development in New York.

Iran to import Opel automobiles

Iranian Ministry of Industry has approved of importing cars produced at Germany’s Opel Automobile manufacturer company.

Russia Says Legal Barriers for Iran Loan Cleared

A Russian deputy minister said that the legal barriers for Moscow’s key state loan to Tehran have been lifted.

Veresk bridge in Mazandaran

The Veresk bridge, located in Veresk district of Savadkuh County in Mazandaran province, was mostly constructed by Austrians before World War II, under the leadership of an engineer named Walter Aigner.

Iran to dispatch work force to 5 states

An Iranian official has announced the plan to deploy human resources to Turkey, Germany, Australia, Denmark and Ireland.

Iran to Build Petchem Hub in Austria

Iran is likely to build a petrochemical hub in Austria for gaining a better access to target markets in Eastern Europe, a senior Iranian petrochemical official said.

Italian company to build 50 MW solar power plant on Iran’s Qeshm island

The Italian company of Carlo Maresca S.p.A. is to build a 50-megawatt solar power plant on the southern Iranian island of Qeshm due to its signed agreement with the Qeshm Free Zone Organization, ISNA reported on Sunday.

Paymentwall ‘not connected’ to Iranian banking system

Central Bank of Iran has rejected the claim by San Francisco-based Paymentwall that it has integrated its payment services into Shetab - Iran’s local payment system.

First Air France Jet in Years Lands in Iran

The first Air France plane has landed in the capital, Tehran, after a hiatus of eight years.

Czech Economic Delegation Arrives in South Khorasan

An economic delegation from Czech Republic arrived in this northeastern Iranian province on Monday.

Tehran, Seoul to Sign MoUs in May

South Korean President Park Geun-hye will visit Iran in May to sign three Memorandums of Understanding (MoUs) on energy domain, an official with Iranian Ministry of Petroleum said on Sunday.

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