Business

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.

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

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.

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.

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.

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

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

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.

Iran has been exporting melamine crystals to European countries such as Germany and Spain since Jan. 2016, Commercial head of Khorasan Petrochemical Complex said Monday.

Hossein Kazempour Ardebili, Iran’s OPEC (Organization of the Petroleum Exporting Countries) governor, will represent the country’s Oil Ministry in an upcoming meeting on crude output of fellow OPEC members plus Russia in the Qatari capital.

Central Bank of Iran has been appointed as the director of Islamic Financial Services Board (IFSB) in 2017.

Head of Marketing Department at Amir Kabir Petrochemical Company Diako Abbasi said plans are underway to open new petrochemical offices in Africa.

Iran and the EU signed a Memorandum of Understanding (MoU) to cooperate in energy, as the EU Foreign Policy Chief Federica Mogherini visited Iran on Saturday

Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi announced that Tehran and the European Union have held good discussions on nuclear cooperation and are now able to launch joint venture at Fordo uranium enrichment plant in Central Iran.

Central Bank of Iran (CBI) Chief Valiollah Seif stressed that the country has no intention to cap its crude production, adding that OPEC (Organization of the Petroleum Exporting Countries) members are to blame for the tumbling oil prices.

Iran will add 1.8 million barrels per day to its refining capacity to bring it to 3.1 mbd once several refinery projects come on-stream...

An Italian official said his country is to make four billion euros of investment in the Iranian railway sector.

Turkish Prime Minister, Ahmet Davutoğlu in meeting with Hassan Rouhani emphasized Turkey's serious intention to develop cooperation with Iran saying that Ankara supports cooperation with Iranian banks with no restriction.

Governor of Central Bank Valiollah Seif underlined that Iran's trade partners have returned to business with Tehran in the post-sanctions era.

Iranian exhibitors at the 10th Iran Plast Exhibition are working out future cooperation with their international counterparts at the showcase, a senior Iranian petrochemical official says.

An NIOC official announced Iran and Mongolia have resumed negotiations on Iranian crude oil sales to the East Asian country through China’s route.

A senior official with National Iranian Oil Company (NIOC) says the company is considering cooperation with Germany's Wintershall in research and development (R&D) projects.

Iran is ready to provide Pakistan with its energy needs, Interior Minister Abdulreza Rahmani Fazli said.

Matteo Renzi, Italy’s Prime Minister, during a commercial meeting between two countries held in Iran’s Chamber of Commerce, said, “We are in Iran, but not only to sign economic contracts. There are many economic opportunities for both countries which should be taken seriously, but more than anything else, there is a common feeling between the two great civilizations of Persia and Rome.”

Iran’s oil production had sharply decreased in recent years, due to the sanctions imposed on the country for years, and Tehran is now trying...