Business

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...

An NIOC official has announced the launch of Iran-Shell talks on supplying oil to the Anglo-Dutch company’s refineries in South Africa.

Malaysian Minister for International Trade and Industry Mustapa Mohamed said his country sees no barrier to expansion of Kuala Lumpur-Tehran ties.

A senior Iranian petrochemical official says India is a major market for Iran's petrochemical products given New Delhi's 7% economic growth.

British banks are tentative to re-engage with Iranian financial entities as anti-Tehran sanctions are still in place and not fully lifted, despite a lasting nuclear deal between Iran and six world powers, a British official said.

Iran and Panama have reached agreement on Iranian tanker ships crossing the Panama Canal and to register vessels under Panamanian flag.

The Head of Iran’s Chamber of Commerce complained to Germany’s Agriculture Minister about the effects of the continuation of Germany’s banking sanctions even after the implementation of JCPOA.

The 5th refinery facilities of South Pars gas field registered a 55.9 mcm/d record in processing natural gas during the previous Iranian calendar year which ended on March 19, said the plant's director.

The RMTO managing director has announced the final agreement for the creation of a Persian Gulf-Black Sea transport corridor.

Farhad Sharif, the deputy of international affairs, met Marten C. van den Berg, the vice minister for foreign trade of the Ministry of Foreign Affairs of the Netherlands, and Susanna Terstal, the ambassador. 11 April 2016 ICCIMA – A group of Dutch companies came to Iran Chamber of Commerce to meet their Iranian counterparts for collaborations in the fields of agriculture, energy, oil and healthcare services. They were accompanied by the vice minister for foreign trade of the Netherlands.

Women have acted successfully in different fields to help realize the goal of economic development, the vice president for women and family affairs Shahindokht Molaverdi said on Tuesday.

The Islamic Republic of Iran and Kazakhstan have agreed on the establishment of a joint shipping company.

Kazakh President Nursultan Nazarbayev arrived in Tehran on Monday to chart a new course in bilateral ties with Tehran, inking 66 documents with a value of $2bn.

US plane maker Boeing has proposed to sell new models of its 737, 777 and 787 aircraft to Iran and promised after-sales support, a top Iranian aviation official says. - See more at: http://en.alalam.ir/news/1807385#sthash.VJnhI2vQ.dpuf

Iran is going to hold a gathering to explore dimensions of high-speed train technology in the country.

The Italian prime minster arrived in Tehran on Tuesday to discuss ways to improve mutual economic cooperation between the two nations.