News Service Economy

6/23/2017 - 9:37 AM

Iran’s Qeshm Air to buy 10 planes from Boeing

Economy - Only a day after two Iranian airlines announced deals to purchase planes from European aviation giant Airbus, another Iranian carrier says it has sealed a third deal to buy advanced aircraft from US plane-maker Boeing.
6/20/2017 - 8:06 PM

Iran, Italy ink oil MoU

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.
6/20/2017 - 8:05 PM

Iran exporting half of its oil to Europe

Economy - Iran produces about 4 million barrels oil per day, half of which is exported to European countries, an official said.
6/20/2017 - 8:04 PM

Iran, Azerbaijan Republic boost 75% of their non-oil exchanges

Economy - Azerbaijan Republic Ambassador to Tehran Bunyad Huseynov pointed to thegrowing trend of trade exchanges between the two neighboring states and said on Tuesday that over past four years non-oil exchanges between the two countries increased by 75 percent.
6/18/2017 - 3:39 PM

Iran-Cuba holding excellent ties: Cuban envoy

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.
6/16/2017 - 9:12 PM

Iran, Switzerland call for expansion of relations

Economy - The second round of talks between Iran and Switzerland kicked off on Friday in Bern during which both sides called for deepening and broadening of relations and cooperation between the two countries.
5/31/2017 - 1:29 PM

UAE pays over $4bn to Iran in gas dues

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.
5/31/2017 - 1:28 PM

Japan’s Inpex Considers Bidding to Develop Iranian Oil Field

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.
5/31/2017 - 1:27 PM

‘Iran signed deal with Gazprom over Farzad B’

Economy - Iran says it has signed a basic agreement with Russia’s energy giant Gazprom over the development of Farzad B gas field – a project which the country has for long been negotiating with an Indian consortium.
5/28/2017 - 7:31 PM

Hyundai Motor Company after stronger presence in Iran market: Official

Economy - The managing director of Kerman Motor Company said here on Sunday that the South Korean Hyundai Motor Group is looking for safeguarding a stronger presence in Iran’s auto market.
5/26/2017 - 5:42 PM

Gas import from Turkmenistan conditional: NIGC chief

Economy - Import of natural gas from Turkmenistan is conditional and Iran is going to continue buying the commodity from the country if it decreases the price, Managing Director of the National Iranian Gas Company (NIGC) Hamidreza Araqi said on Friday.
5/15/2017 - 12:11 PM

Iran nuclear deal helped release of seized South Pars equipment: Official

Economy - The South Pars confiscated equipment was released after implementation of the nuclear deal between Tehran and world powers known also as the Joint Comprehensive Plan of Action (JCPOA), says Pars Oil and Gas Company Managing Director.
5/15/2017 - 12:02 PM

5th Iran Rail Expo opens in Tehran

Economy - The 5th International Exhibition of Rail Transportation, Related Industries and Equipment was inaugurated in Tehran on Monday with the participation of more than 160 local and 130 international companies.
5/13/2017 - 6:47 PM

Iran to receive 4 ATR aircraft within days

Economy - The French-Italian airplane manufacturer ATR is expected to deliver four civilian aircraft to Iran this week, an official says.
5/8/2017 - 3:50 PM

Official: Afghanistan keen to import Iran’s gas

Economy - A senior energy official announced that Afghanistan has voiced willingness to import gas from Iran.
5/8/2017 - 3:47 PM

7th round of Iran-Norway talks kick off in Tehran

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.
5/6/2017 - 11:45 AM

22nd International Iran oil show kicks off

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.
5/6/2017 - 11:43 AM

Zangeneh: Iran among gas oil exporters

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.
5/2/2017 - 7:06 PM

Mass production of Peugeot 2008 begins in Iran

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.
4/29/2017 - 12:36 PM

Iran’s export to Europe witnesses 300 percent growth: EU official

Economy - European Commissioner for Climate Action and Energy Miguel Arias Cañete said on Saturday that due to Joint Comprehensive Plan of Action reached between Iran and world powers, Iran’s export to Europe has experienced 300 percent growth.