News ServiceEconomy

3/16/2017   --   8:04 PM
Third newly-purchased Airbus to land in Iran next week

Economy - Minister of Road and Urban Development Abbas Akhoundi said on Thursday that an Airbus A330, the third of the 200 planes Iran has purchased from the French aircraft manufacturer, will land in Iran early next week.

2/25/2017   --   8:11 PM
Iran to catch up Qatar in South Pars soon

Economy - Iran will have launched several major phases of the huge South Pars gas field project in the Persian Gulf by the end of the current Iranian calendar year (March 20, 2017).

2/21/2017   --   1:09 PM
Iraqi Hakim, Iranian minister discuss joint border oil fields case

Economy - Chairman of Iraqi National Coalition Ammar Hakim and Iran’s Petroleum Minister Bijan Zangeneh reviewed the case of joint border oil fields on Tuesday.

1/22/2017   --   3:42 PM
Iran’s Non-Oil Exports Exceed $35bln in 10 Months

Economy - Iran’s non-oil exports have reached over $35 billion over the first ten months of the current Iranian year, which started on March 20, 2016, latest official data released by the country’s Customs Office shows.

12/30/2016   --   6:04 PM
Turkmenistan agrees new gas deal with Iran

Economy - Turkmenistan agreed an MoU on gas exports to the Islamic Republic of Iran which means the country's gas exports to Iran will continue, an official at Iran Petroleum Ministry said on Friday.

12/13/2016   --   3:47 PM
Indonesian President arrives in Tehran

Economy - Indonesian President Joko Widodo arrived in Tehran on Tuesday afternoon on the head of high ranking delegation.

12/12/2016   --   8:23 PM
Airbus team in Tehran to finalize deal

Economy - Iran says a delegation from European aviation giant Airbus is in the country’s capital Tehran for talks aimed at finalizing a deal to sell around 100 planes to the Islamic Republic.

12/12/2016   --   8:20 PM
Iran marks wheat production self-sufficiency

Economy - Iran has marked what is celebrated at home as a landmark achievement to attain self-sufficiency in production of wheat.

12/10/2016   --   10:22 AM
Sweden welcomes Iran's proposal for opening of CBI branch

Economy - Swedish ministers have welcomed the proposal presented by Iran to open a branch of Central Bank of Iran in Sweden.

11/29/2016   --   11:47 AM
South Korea's oil imports from Iran more than double: Report

Economy - The latest reports and data in South Korea show that the country's oil imports from Iran has risen to more than double in the third three months of the year.

11/29/2016   --   11:46 AM
Zarif's Eastern Europe tour, fruitful: Economic official

Economy - During the Eastern Europe tour of Foreign Minister Mohammad Javad Zarif, an agreement on building the Mehran 1,000MW power plant in west of Iran was signed between the Iranian and Romanian investors, an economic official has said.

8/7/2016   --   6:16 PM
NIOC plans to turn spot contracts to long-term with European customers

Economy - Director for International Affairs of National Iranian Oil Company (NIOC) Mohsen Qamsari acknowledged continuation of Iran's crude oil export to Europe and said that NIOC is trying to turn spot contracts to long-term contracts to European customers.

7/26/2016   --   7:10 AM
CBI chief: Foreign banks issued over 5,800 LCs for Iran after JCPOA

Economy - Governor of the Central Bank of Iran Valiollah Seif said on Monday that after implementation of the Joint Comprehensive Plan of Action (JCPOA) over 5,800 Letters of Credit (LCs) have been opened up by foreign banks for Iranian businessmen.

6/26/2016   --   8:37 AM
Iran ups oil export to Spain by 1mn bpd

Economy - The Islamic Republic of Iran and the Spanish energy company, Repsol S.A., have signed an agreement that doubles Iranian oil exports to the European country.

1/16/2016   --   7:50 PM
Shell, Total representatives arrive in Tehran

Economy - A few days before the cancellation of international sanctions against Iran, a number of the largest oil companies including the Anglo-Dutch Royal Dutch Shell company and France’s Total Corporation have sent representatives to Iran in order to negotiation with Iranian oil authorities.

1/16/2016   --   7:48 PM
Iran says to buy 114 Airbus planes

Economy - Iran said on Saturday that it plans to purchase 114 civil aircraft from European aircraft maker Airbus.

1/16/2016   --   7:42 PM
Iran to use banned dollars to import goods

Economy - Iran said on Saturday that it plans to use billions of dollars of its blocked assets that are expected to be released after the removal of sanctions against the country for imports of essential goods.

1/12/2016   --   8:23 AM
German firms find Iranian transportation sector appealing

Economy - German companies seek to invest in Iran especially in the field of transportation and infrastructure, says former chancellor Gerhard Schroeder.

1/12/2016   --   8:18 AM
Iran starts foreign sales of gas oil after self-sufficiency

Economy - Iran has exported more than a billion liters of gas oil in the first nine months of the current Persian calendar year (started March 21) after achieving self-sufficiency in production of the fuel.

1/9/2016   --   5:36 PM
Saudi Arabia not in priority list of exports market

Economy - Saudi Arabia is not in the priority list of targeted exports markets, said Deputy Head of Iranian Trade Development Organization Mohammad-Reza Movadedi.

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