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Tehran, Mar 1, IRNA – Iran’s President Hassan Rouhani, via a video conference on Monday, inaugurated three oil projects including, Azar oil field development, Kangan Petro Refining, and Kian Petrochemical plant in Ilam and Bushehr provinces with 5 billion dollars in investment. Azar Oil Field which is placed in Ilam province, southwest Iran, was developed […]
TEHRAN, Feb. 27 (MNA) – The secretary of the Iran-Iraq Joint Economic Commission informed that the development of Iran-Iraq economic relations has been accelerated due to the decision made by the joint commission of the two sides. “Iraq and Iran enjoy many common social, cultural, religious, political and economic aspects, and according to the conducted negotiations between […]
TEHRAN (Tasnim) – The Central Bank of Iran said it has reached an agreement with South Korea on the release of frozen Iranian assets in the East Asian country. The governor of the Central Bank of Iran and South Korea’s ambassador to Tehran have held a meeting at the request of the Korean embassy, reaching […]
TEHRAN, Feb. 21 (MNA) – Iran is planning to start the production line of a 100-seat passenger plane and use IrAn-140 aircraft as a cargo jet, said the head of Iran’s Civil Aviation Organization. “We are expanding the aircraft manufacturing program in the country, according to which IrAn-140 plane will be used as a cargo […]
TEHRAN, Feb. 20 (MNA) – Chairman of Iran-Syria Chamber of Commerce said that the trade volume exchange between the Islamic Republic of Iran and Syria will hit a threefold increase during the next year. According to Keyvan Kashefi, the bilateral trade volume exchange between Iran and Syria is moving towards development and progress. With the measures […]
TEHRAN, Feb. 17 (MNA) – Chief of Trade Promotion Organization of Iran (TPOI) pointed to $1,100 billion worth of market of neighboring states and said that Iran is able to hold 20 percent share of neighboring states’ market in products’ export terms. With the studies made in this regard, Iran’s neighboring states enjoy the capacity […]
Oil prices rose to their highest in more than a year on Monday after a Saudi-led coalition fighting in Yemen said it intercepted an explosive-laden drone fired by the Houthi group, raising fears of fresh Middle East tensions. Hopes for more U.S. stimulus and an easing of coronavirus lockdowns helped support the rally after prices […]
Chabahar, Feb 14, IRNA – Development of Chabahar Port in southeastern Iran raised capacity to load and unload more than 8.5 million tons of goods a year, a local official said on Sunday. Hossien Shahdadi, an official with Sistan-Baluchestan Province Department of Ports and Maritime Organization, said that with more than $1.3 billion of investment, […]
Tehran, Feb 14, IRNA – Iran exported $335 million worth mineral products to Turkey over the past 11 months. Based on the data released by the Customs Administration, in the mentioned period ( ۱۱ months of 2020) , more than ۱۳۲ million dollars of copper and its artifacts were exported to Turkey, which showed a 15 % decline in comparison to the corresponding period in 2019 . Accordingly, foreign trade statistics in the 9 month period indicates exports of 80,000 tons of refined copper cathodes and cathode parts with the […]
Tehran, Feb 6, IRNA – Managing Director of Iran’s National Petrochemical Company Behzad Mohammadi said on Saturday that Qeshm Island has an exceptional position to turn into hub of construction, development, production, and export of a variety of petrochemical products. Mohammadi made the remarks in a press conference in Tehran on Saturday. He said that the coasts […]