Renault, Iran agreement victory for Pres. Rouhani: US paper

Economy - The multimillion-dollar agreement between the French carmaker Renault and Iran was a victory for President Hassan Rouhani, wrote a US daily.

Economy - As a pioneering sector, oil industry could take advantage of foreign investment, Petroleum Minister Bijan Zangeneh said, addressing Majlis (Parliament) open session on Wednesday.
Economy - The contract inked between Iran and French energy giant Total to develop phase 11 of the South Pars Gas Field, has opened a new chapter in Iran energy diplomacy, former official says.
Economy - Total Chief Executive Officer Patrick Pouyanne said that his company’s cooperation with Iran in South Pars 11th phase will help promote Iran’s relations with France and Europe.
Economy - Iran’s exports to European Union have increased 500% to reach € 3.4b in the first 4 months of 2017 compared to the same period in 2016.
Economy - Head of Iran’s Central Bank on Saturday expressed hope that with the pursuit of disciplinary policies of the bank, the country’s inflation rate would become single-digit.
Economy - National Iranian Oil Company (NIOC) and the Italian petroleum company Eni signed on Tuesday a memorandum of understanding (MoU) for studying the development of Darkhovin oil field and Kish gas field.
Economy - Cuban Ambassador to Tehran said that Iran and Cuba enjoy great relations under President Hassan Rouhani, expressing hope that Iran will expand ties with Latin America.
Economy - Reports say Iran has received over $4 billion from the United Arab Emirates (UAE) for purchases of gas condensate made before sanctions were imposed against Iran in 2011.
Economy - Inpex, Japan's largest upstream company, announced that it plans to bid in a tender recently launched by Iran to develop the country’s Azadegan oil field.
Economy - Deputy Foreign Minister for Europe-American Affairs Majid Takht-e-Ravanchi and Secretary General of Norway Foreign Ministry Vegra Strommen held the 7th round of talks between Iran and Norway in Tehran on May 7.
Economy - The 22nd Iran International Oil, Gas, Refining and Petrochemical Exhibition, attended by 4500 national and international companies, started in the Iranian capital on Saturday.
Economy - Minister of Petroleum Bijan Zangeneh said here on Saturday that during the years of President Rouhani's government Iran has turned into an exporter of gas oil.
Economy - French auto giant Peugeot has started the mass production of its latest flagship crossover in Iran – a landmark move that could cement its presence in the Middle East’s biggest vehicle market.
Economy - Russia says it expects trade relations with Iran to grow further this year after increasing almost twofold in 2016.
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