News Service 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).
12/3/2017 - 4:41 PM

Iran's Chabahar Port to be regional transportation hub: Minister

Economy - Chabahar will become a competitive and modern port that can play the role of a gateway to the countries of the region, Iran's minister of Road and Urban Development said on Sunday.
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.
11/26/2017 - 11:46 AM

Iran, Kazakhstan agree to boost ties

Economy - Iran and Kazakhstan agreed on promoting trade, industrial, and agricultural fields and also on transiting products to Persian Gulf littoral states.
11/22/2017 - 10:30 PM

Trump’s advice not to buy oil from Iran having no effects: Oil minister

Economy - US President Donald Trump’s urging other countries not to buy oil from Iran has had no effects on the Islamic Republic's export, said Iranian minister of petroleum, Bijan Zangeneh, on Wednesday.
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.
11/20/2017 - 7:48 PM

Iran reacts to UAE gas company claim

Economy - An informed source close to Iran's Ministry of Petroleum on Monday reacted to a claim raised by Dana Gas of the United Arab Emirates (UAE) about the former's gas importation to the Persian Gulf littoral state's gas company.
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.
11/17/2017 - 4:44 PM

MAPNA Group delegation visits Slovenia

Economy - Managing Director of MAPNA Group traveled to Ljubljana with the aim of exchanging technical and engineering capabilities between the Islamic Republic of Iran and Slovenia.
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
11/11/2017 - 11:35 PM

European states opposing anti-Iran sanctions: EU commissioner

Economy - EU Commissioner for Agriculture and Rural Development Phil Hogan said on Saturday that none of the European countries favor to impose sanctions on Iran, as the EU intends to push its cooperation with Tehran at the same level it has been so far.
11/10/2017 - 11:37 PM

Iran, Iraq to swap oil

Economy - Based on a swap agreement sealed by Iran and Iraq, Kirkuk oil will be exported to Iran, Iraqi Oil Minister Jabbar al-Luaibi said on Friday.
11/9/2017 - 11:51 PM

Tehran, Baku, Moscow, Minsk ink MoU to develop N-S int'l corridor

Economy - Iran, Azerbaijan, Russia and Belarus on Wednesday signed an agreement to develop North-South international transport corridor.
11/7/2017 - 3:20 PM

Iran to pump gas to Basra by yearend: Deputy minister

Economy - Iran exports 12 million cubic meters of gas per day to Iraq's capital, Baghdad and the figure will increase after completion of the gas pipeline project that is expected to reach Basra in coming months, deputy petroleum minister said here on Tuesday.
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.