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Iran’s President Hassan Rouhani said on Tuesday that the privatization of the country’s car industry is a key mission in the economic agenda of his government – an announcement already …
Sunday, 31 January 2016 16:12

Iran rugs stacked for global markets

Iran is pitching its prized carpets for the US, a traditional market warped by cycles of sanctions which have allowed cheaper craft from India, Pakistan and China to secure a …
Singaporean Ambassador to Tehran Ong Keng Yong underlined that his country is eager to further expand mutual cooperation with Iran after the implementation of the Joint Comprehensive Plan of Action …
Friday, 29 January 2016 17:29

Snags hit Iran-China oil debts deal

Indications are growing in Iran that the country has come across problems with China over a mechanism to receive at least €20 billion in overdue debts from past sales of …
Peugeot and Renault are set to benefit the most from President Hassan Rouhani’s landmark visit to Paris where the French automakers hope to sign new deals for a return to …
The Iran Mercantile Exchange (IME) announced that around $128mln of various commodities weighting over 321,077 tons were traded in its domestic trading and exports halls in the past working week …
Iran is boosting the capacity of crude oil recovered from West Karoun oilfields in a push to increase its output now that the US-led sanctions have lifted on Tehran's nuclear …
The Iran Mercantile Exchange (IME) announced that around $124mln of various commodities weighting over 251,233 tons were traded in its domestic trading and exports halls in the past working week …
An Iranian deputy oil minister says the country is planning to attract about USD 70 billion in foreign direct investment (FDI) in its petrochemical sector by 2025 as a result …
Sunday, 13 December 2015 13:24

Rouhani asks Putin to remove trade hurdles

Head of Iran’s Chamber of Commerce says President Hassan Rouhani has asked for President Vladimir Putin's intervention to facilitate exports of Iranian food to Russia.
Tuesday, 08 December 2015 15:22

Three Europe carmakers to return to Iran soon

Three automakers from Sweden, Germany and France will resume operations in Iran when a July nuclear accord goes into effect, Industry Minister Mohammad Reza Nematzadeh says.
An Iranian petrochemical industry official says the country will be hosting an international event on investment in its petrochemical sector in the middle of December.
Sunday, 29 November 2015 14:03

SPGC eyes 850mcm/d by 2018

Managing Director of South Pars Gas Complex (SPGC) said plans are under way for recovery of 850 million cubic meters of gas by 2018.
Sunday, 29 November 2015 11:55

Fiat in talks for car manufacturing in Iran

An Iranian car manufacturer is in talks with Italian automaker Fiat SpA to produce cars in Iran which is billed as the Middle East’s biggest auto market, a minister says.
Tuesday, 24 November 2015 11:18

Poland covets oil, gas prospects in Iran

Poland's state-run gas distributor PGNiG says it is examining oil and gas exploration and production opportunities in Iran ahead of the much-expected lifting of Western sanctions on Tehran.
The Iran Mercantile Exchange (IME) announced that around $211mln of various commodities weighting over 475,696 tons were traded in its domestic trading and exports halls in the past working week …
Iranian Oil Minister Bijan Zanganeh said the presidents and heads of state of 9 countries have confirmed their participation in the upcoming GECF summit meeting in Tehran on November 23.
Wednesday, 18 November 2015 11:37

Top banker: Iran can achieve 8% growth

Iran’s Central Bank Governor Valiollah Seif says the Islamic Republic’s economy has the potential to grow by eight percent over the next five years as the country gears up for …
The Iran Mercantile Exchange (IME) announced that around $212mln of various commodities weighting over 526,207 tons were traded in its domestic trading and exports halls in the past working week …
Iran Mercantile Exchange (IME) and Yerevan Commodity Exchange agreed to expand their cooperation within the framework of the Interexchange Electronic Union (IEU).
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