News Service Economy

8/8/2017 - 8:34 AM

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.
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.
7/30/2017 - 1:19 PM

Iran, Iraq discuss mutual energy cooperation

Economy - Iran and Iraq have stated a new round of discussions to promote cooperation in the area of energy.
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.
7/22/2017 - 9:26 AM

No banking problem with Total deal: Petroleum Min

Economy - Petroleum Minister Bijan Zangeneh said there is no banking problem with implementation of Total deal to develop the phase 11 of South Pars Oil Field.
7/17/2017 - 6:27 PM

Iran, Russia sign another MoU on oil field study: report

Economy - National Iranian South Oilfields Company and Russia’s Zarubezhneft here Monday signed a new Memorandum of Understanding (MoU) for oil field study in Iran.
7/17/2017 - 6:26 PM

Iran, Turkey urge creating cooperative ties

Economy - Head of Iran Central Chamber of Cooperative (ICC) has proposed creation of a joint economic working group with Turkey.
7/12/2017 - 12:47 PM

Zangeneh: Foreign investment necessary for oil industry boom

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.
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.
7/4/2017 - 12:27 PM

Total determined to continue cooperation with Iran

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.
7/2/2017 - 1:49 PM

500% increase in Iran’s exports to 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.
7/1/2017 - 12:19 PM

Central Bank Head: Inflation rate to become single-digit

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.
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.