November 9, 2016

Germany to host 3rd Iran-Europe Banking and Business Forum

TEHRAN – The third edition of Iran-Europe Banking and Business Forum is due to be held on the sidelines of Euro Finance Week in Frankfort on November 14-18, IRNA reported on Tuesday.
November 9, 2016

Germany to host 3rd Iran-Europe Banking and Business Forum

TEHRAN – The third edition of Iran-Europe Banking and Business Forum is due to be held on the sidelines of Euro Finance Week in Frankfort on November 14-18, IRNA reported on Tuesday.
November 9, 2016

Tehran-Dushanbe endorse agreement to improve economic ties

TEHRAN- Iran and Tajikistan signed a cooperation agreement on expansion of economic, technological, scientific, social, and cultural cooperation in a Tuesday meeting between Iranian Energy Minister Hamid Chitchian and his Tajik counterpart Usmonzoda Us...
November 9, 2016

Tehran-Dushanbe endorse agreement to improve economic ties

TEHRAN- Iran and Tajikistan signed a cooperation agreement on expansion of economic, technological, scientific, social, and cultural cooperation in a Tuesday meeting between Iranian Energy Minister Hamid Chitchian and his Tajik counterpart Usmonzoda Us...
November 9, 2016

Iran, Hong Kong sign MOU on economic co-op

TEHRAN- Finance Minister of Iran Ali Tayyebnia and Financial Secretary of Hong Kong John Tsang Chun-wah penned an MOU on economic cooperation in Tehran on Tuesday, IRIB news reported.
November 9, 2016

Iran, Hong Kong sign MOU on economic co-op

TEHRAN- Finance Minister of Iran Ali Tayyebnia and Financial Secretary of Hong Kong John Tsang Chun-wah penned an MOU on economic cooperation in Tehran on Tuesday, IRIB news reported.
November 8, 2016

Total Signs $4.8bn Gas Deal with Iran

By John Lee. French oil giant Total has signed a Heads of Agreement (HoA) with the National Iranian Oil Company (NIOC) for the development of phase 11 of South Pars, the world’s largest gas field. The company becomes the first western energy firm to sign a major deal with Tehran since the lifting of international […]
November 8, 2016

MACMID seeks up to $4bn for Copper, Steel Projects

A private Iranian company is seeking joint venture partners to help develop copper, steel and other projects in the country, according to report from Reuters. Managing director Ebrahim Sadeghi of Mahan Company for Mines and Industries Development (MACMID) said on Tuesday: “We are looking to bring in international partners to jointly develop local deposits … […]
November 8, 2016

BP in Talks with Iran to Develop 4 Oilfields

The Director of the National Iranian South Oil Company (NISOC), Bijan Alipour, said negotiations are underway with the British Petroleum (BP) on development of four oilfields in south of Iran. The National Iranian South Oil Company has held talks with 22 domestic and foreign companies for contracts to develop Karanj, Parsi, Rag Sefid and Shadegan […]
November 8, 2016

NIOC Invites Businesses to Invest in 40 Oil, Gas Projects

Iranian and foreign investors can invest in more than 40 projects for the development of oil and gas fields, the Managing Director of the National Iranian Oil Company (NIOC) Ali Kardor said on Monday. He said the oil industry is the most effective and biggest industry worldwide, especially in Iran, adding: “Today, Iranian oil industry […]
November 8, 2016

Iran-US Trade Falls

The value of trade in goods between Iran and the US dropped to $177 million in the first nine months of 2016, according to US government data. The US trade in goods with Iran in January-September 2016 has decreased by 5 percent compared to the corresponding period in 2015, which stood at $185 million, according […]
November 8, 2016

Dagestan Invites Iranian Investors

Head of the Republic of Dagestan Ramazan Abdulatipov highlighted the ample opportunities for investment available in the North Caucasus region, calling on Iranian businesses to participate in projects in the Caspian region. In a meeting with Iran’s envoy to Russia, held at the Iranian embassy in Moscow on Saturday, Abdulatipov said the Russian republic has […]
November 8, 2016

Saudi Arabia losing ground to Iran

By Bruce Riedel, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Saudi Arabia is losing influence throughout the Fertile Crescent to its rival Iran. While Riyadh’s position versus Tehran has been in decline for some time, the trend is accelerating. Saudi setbacks are partly due to […]
November 8, 2016

Finland’s Wartsila signs decentralized energy pact with Iran

Wartsila is to develop decentralized power generation in Iran with the country’s largest industrial corporation.
November 8, 2016

Finland’s Wartsila signs decentralized energy pact with Iran

Wartsila is to develop decentralized power generation in Iran with the country’s largest industrial corporation.
November 8, 2016

Italy’s Saras says it will clear Iranian oil debt in 2017

Italian oil refiner Saras has paid 160 million euros ($177 million) of the debt it owes Iran for crude oil bought before sanctions were imposed and its chief financial officer said the total debt to Tehran will be cleared next year.
November 8, 2016

Italy’s Saras says it will clear Iranian oil debt in 2017

Italian oil refiner Saras has paid 160 million euros ($177 million) of the debt it owes Iran for crude oil bought before sanctions were imposed and its chief financial officer said the total debt to Tehran will be cleared next year.
November 8, 2016

Total inks major gas deal in Iran

TEHRAN – Iran signed a $4.8 billion agreement on development of the country’s South Pars gas field’s phase 11 on Tuesday with France and China, Shana reported.
November 8, 2016

Total inks major gas deal in Iran

TEHRAN – Iran signed a $4.8 billion agreement on development of the country’s South Pars gas field’s phase 11 on Tuesday with France and China, Shana reported.
November 8, 2016

Joblessness in Iran stands at 12.7% in summer

TEHRAN- Iran's unemployment rate during summer, which corresponds to the second quarter of the current Iranian calendar year (March 20-Septemebr 21), stood at 12.7 percent, according to the latest report from the Statistical Center of Iran (SCI), IRNA ...