Business

A new report says Iran and Russia are in final talks over high-season electricity exchange.

Portuguese Deputy Foreign Minister Jorge Costa Oliveira called for bolstering relations with Iran, especially in the field of communications, and establishing direct flights between the two countries.

An Iran-Sweden trade meeting opened on Wednesday June 1, attended by 230 Iranian and Swedish economic figures.

Iran has not negatively impacted the oil market by doubling its crude oil exports, says Iranian Minister of Petroleum Bijan Zangeneh.

Iran has struck a number of economic agreements worth some $1.2bn during an Iranian delegation’s trip to Poland and Finland, says an official.

A senior business official voiced his satisfaction with the positive results of a recent visit by Foreign Minister Mohammad Javad Zarif and a 60-strong delegation to Poland.

Iran plans to inaugurate 10 new petrochemical complexes by the end of this Iranian calendar year (March 20, 2017), Managing Director of the National Petrochemical Company (NPC) Marzieh Shah-Daei said.

Iranian Minister of Industry, Mines, and Trade Mohammad Reza Nematzadeh, who is in Berlin, said major German automakers have determined to resume their activities and investment in Iran’s market.

Iran has bankrolled $800m for the development of Sanandaj and Mahabad petrochemical plants, both located in the country's Kurdish regions, thus making Iran’s biggest state investment in the region's history.

Golestan Province lies in the northeast of the country, and occupies a unique geographical location, where the Alborz Mountains reach down to the coast of the Caspian Sea.

Salar salt mine is located in Garmsar, a city in Semnan province. It sits in a unique geographical location, between Firouzkooh and Damavand in...

Indonesia inked a deal with Iran for purchase of 80,000 metric tons of Liquefied Petroleum Gas (LPG) from Iran.

The Deputy Energy Minister announced that Iran has exported 10bn kWh of electricity to regional countries over the past Iranian calendar year, which ended March 19.

Iranian President Rouhani said Iranians from all religions, sects and races are branches of one tree, called Islamic Iran.

Secretary of Iran's National Security Council (SNSC) Ali Shamkhani announced that Tehran will certainly lodge complaints with international courts contesting the US Supreme Court ruling which authorized the transfer of $2bn of Tehran's frozen assets to the families of the victims of a 1983 bombing in Beirut.

The 23rd edition of Iran’s international exhibition of agricultural products, foodstuffs, machinery and related industries, known as Iran Agrofood 2016, will start at the Tehran International Permanent Fairgrounds, IRIB news reported.

Vice President for Executive Affairs Mohammad Shariatmadari said the Iranian government will offer guarantees for foreign investment, despite existing problems.

The head of the Cultural Heritage Organization discussed the prospects of building hotels in Iran with InterCity Hotels Group, a German chain hotel giant.

Foreign Minister Mohammad Javad Zarif urged Iranian elites living in foreign countries to help promote Iran’s economic relations with the world.

A working group in Iran is preparing a suit to look into the United States’ seizure of Iranian assets, a top Foreign Ministry official said on Sunday May 24.

Tehran hosts the 11th International Energy Conference, one of the largest gatherings of managers and experts in the energy sector.

Melli Bank London, Plc. has obtained an operating licence from UK banking regulators, and is ready to provide services in the European Union, said its CEO, Ghulam Hossein Asgharzadeh Zaferani, on Saturday May 28.

Seyyed Abbas Araghchi, the Deputy-FM for International and Legal Affairs and a senior nuclear negotiator, has said that four months is too short for an accurate evaluation of JCPOA implementation effect on national economy.

Iranian Minister of Industry, Mines, and Trade Mohammad Reza Nematzadeh said the country plans to increase its annual non-oil exports to $50bn by the end of the current Iranian year (March 20, 2017).

Iran kicked off construction of its 9th cross-country gas pipeline, a senior official affiliated to the National Iranian Gas Company (NIGC) said.