Home News Business Page 150

Business

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.

Iran -Earth Enegry

Iran becomes the ninth member of an exclusive club of nations tapping geothermal energy

Almost a dozen areas across Iran are suitable for generation of geothermal energy.
airplane

Iran’s changed flight routes benefit neighboring countries

Foreign companies are willing to sell their air navigation products to Iran following nuclear talks between Tehran and P5+1.
oil

Saudi comments add to market volatility

A slump in prices is temporary and it will be “difficult, if not impossible” for OPEC to curb its oil production amid a glut, said Ali Al-Naimi, Saudi Arabia’s oil minister.
General Firouzabadi

Saudi Arabia serving Western States by Surplus Production

Chief of Staff of the Iranian Armed Forces Major General Hassan Firouzabadi has said that Saudi Arabia has decreased crude prices to place pressure on regional countries which are fighting ISIL terrorists.
zarif-jabouri

Iran FM blasts ME countries on falling oil prices

Iran’s foreign minister has said that Tehran is ready to promote all-out ties with Iraq, adding that Iraq’s progress and security is intertwined with that of Iran.
Iran-petchem

Iran to resume petchem exports to Europe

A consignment of linear low density polyethylene (LLDPE), measuring 2,000 tons with a total value of over $2 million, will be shipped to Belgium next week.
Mehdi Karbasian

We need to attract foreign investment: Iranian deputy trade min.

Under a 5-phase joint venture between Iran and Kuwait a steel mill is to be set up in the Persian Gulf Special Mineral Industry Zone in southern Iran.
Bijan-Zanganeh

Zanganeh denies Iran, Russia ‘oil bartering’

Iran's oil chief Bijan Namdar Zanganeh has ruled out reports that Tehran has signed a deal with Russia to barter oil for essential goods.
OPEC Zangeneh

With oil prices in free fall, an OPEC extraordinary meeting is likely: Iranian oil...

Consensus among all members will determine whether or not an extraordinary meeting of OPEC should be held in case global oil prices continue to drop, said the Iranian oil chief.
SMT-South Africa

Iran, S. Africa eye $2 billion trade; a dream that can come true

It is not hard for Iran and South Africa to raise their non-oil trade to $2 billion if their business sectors earnestly get down to business.

Today Front Pages

Ads