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News about Economy

12/12/2017   --   10:32 PM
Iran ups gas exports by 64 percent

Economy - Director of the International Affairs Department at National Iranian Gas Company (NIGC) Behzad Babazadeh said Iran's gas exports rose by 64 percent in the first five months of the current Iranian year (started March 21).

12/2/2017   --   2:14 PM
Chabahar Port’s speedy development important to Iran, critical to India

Economy - While the first phase of Shahid Beheshti Port in the port city of Chabahar, southeastern Iran, will be inaugurated tomorrow, India is showing greater interest than Iran in seeing the port fully developed as soon as possible as it is of critical importance to the South Asian state.

11/29/2017   --   8:05 PM
Envoy: No obstacle can disrupt Iran-South Korea ties

Economy - South Korean Ambassador to Iran Kim Seung Ho said on Wednesday that no obstacle can cause disruption in bilateral relations between Iran and South Korea.

11/26/2017   --   11:49 AM
Iran supports foreign investment: CEO

Economy - Deputy minister of economic affairs and finance and president of the Organization for Investment, Economic and Technical Assistance said here on Sunday that Iran supports foreign investment in the Islamic Republic.

11/20/2017   --   7:54 PM
Iran, Germany sign MoU on oil technology transfer

Economy - Iran's Research Institute of Petroleum Industry (RIPI) and Germany's Raschig signed a memorandum of understanding (MoU) on new oil-related technologies transfer.

11/19/2017   --   12:07 PM
Iran: Total cannot quit South Pars Phase 11

Economy - Iran's Minister of Petroleum said on Saturday that Total cannot back off its agreement for development of Phase 11 of Iran's South Pars Field under normal circumstances.

11/19/2017   --   12:03 PM
Non-oil exports increase by 61% from Iran's Bandar Lengeh port

Economy - Director for Ports and Maritime Organization in Bandar Lengeh Mahmoud Saberi said that the exports volume in the port showed 61 percent increase in comparison with the same period of the preceding year.

11/15/2017   --   9:33 PM
South Korea’s oil imports from Iran up 83%

Economy - The latest market figures that South Korea’s imports of crude from Iran saw a significant increase in October compared to the same period last year, but were nonetheless lower than September by a slight margin

11/5/2017   --   7:29 PM
Official: $1.5bn foreign investment in renewable energy power plant

Economy - Head of Renewable Energy and Power Utility Organization (SATBA) Mohammad Sadeqzadeh said on Sunday that 1.5 billion dollars of foreign investment has become operational in renewable energies.

11/5/2017   --   4:11 PM
Envoy: EU supporting Belgian firms' interests in Iran

Economy - Despite trans-regional pressures on the European Union to restrict ties with Iran, EU eyes mulling over finding ways to support Belgian firms' interests in Iran, Belgian envoy said.

11/5/2017   --   4:10 PM
Iran's exported wheat arrives in Italian Bari Port

Economy - An official said that the second exported consignment of 29,000 tons Iran's wheat arrived in Italy's Bari Port.

11/2/2017   --   2:16 PM
Iran, Russia, Azerbaijan summit ends by a joint statement

Economy - The summit of the Iranian, Russian and Azeri presidents ended late on Wednesday in tehran by signing a joint statement.

10/24/2017   --   3:25 PM
Iran attends Business Caspian meeting in Russia

Economy - Iran took part in XVI meeting of the International Council for Business Cooperation (ICBC) of Chambers of Commerce and Industry of the Caspian Sea region 'Business Caspian' which started work today in Astrakhan, Russia.

10/24/2017   --   3:24 PM
Iran exports $120m carpets in 5 months: Economic official

Economy - During the first five months of the current Iranian year, 1.5 tons of Persian carpet with a value of 120 million dollars have been exported to foreign countries, an Iranian official said on Tuesday.

10/24/2017   --   3:21 PM
Iran suggests linking Gwadar with Chabahar through railway line: Pak daily

Economy - Leading Urdu news daily reported that Iran has suggested joining Pakistani port of Gwadar with Iranian harbor Chabahar through railway line.

10/23/2017   --   5:14 PM
Kazakh trade delegation visits Mazandaran producing units

Economy - A trade and economic delegation from Kyzylorda District in Kazakhstan visited several producing units in Mazandaran province on Monday.

10/23/2017   --   5:13 PM
Iran aims to boost non-oil exports to Africa by 2020

Economy - Based on Iran-South Africa trade ties roadmap, Iran is scheduled to increase non-oil exports to South Africa to $2 billion by 2020, Iranian commercial attaché to S. Africa said.

8/1/2017   --   8:49 AM
Trade official: French firms eager to invest in Iran

Economy - French companies are eagerly looking for investment opportunities in the Iranian market, as the country today is in a position that can choose from amongst an array of trade offers, a trade official says.

7/25/2017   --   12:54 PM
China’s EXIM inks $1.5bn deal for high-speed rail in Iran

Economy - The Export-Import Bank of China (EXIM) signs a $1.5 billion deal to finance the electrification of a high-speed rail line between the Iranian cities of Tehran and Mashhad.

7/9/2017   --   9:45 AM
Total deal opening new chapter in Iran energy diplomacy: Ex-official

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.

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