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Iranian Communications and Information Technology Minister Mahmoud Vaezi announced on Tuesday that a French company is conducting negotiations to purchase stakes of one of Iranian mobile phone network operators.
Tuesday, 22 September 2015 11:41

World’s biggest insulin maker invests in Iran

Denmark’s Novo Nordisk is investing 70 million euros in Iran for the production of a new generation of insulin drugs, officials from the two countries say.
Sunday, 20 September 2015 13:42

Iran to unveil new oil deals in Nov.

The National Iranian Oil Company (NIOC) has announced that it will introduce Iran’s new oil contracts in early November in Tehran.
Friday, 18 September 2015 12:47

Volkswagen grooms Skoda for Iran market

Germany’s Volkswagen is grooming its Skoda brand for the Iranian market of 80 million people who bought 1.1 million cars last year.
Friday, 18 September 2015 11:07

Iran storing under 10 million barrels at sea

Iran’s crude oil in offshore floating storage is less than 10 million barrels, a senior energy official says, dismissing foreign media estimates of higher volumes as “psychological warfare”.
Tuesday, 15 September 2015 16:19

Iran to host trade teams from 10 EU states

Iran says it is preparing to host 10 European trade delegations within the next two weeks, stressing that the rise in the frequency of visits by trade delegations is a …
Chief executive officer of Iran's Ports and Maritime Organization (PMO) Mohammad Saied-Nejad announced that China will provide $120mln of finance for the development of the second phase of Shahid Rajaee …
Iranian Deputy Ambassador to Tbilisi Mohsen Kebriayi called Georgia a proper corridor for Iran's goods and energy exports to the Caucasus region as well as Europe.
Thursday, 03 September 2015 12:07

Finland’s Outotec wins Iran iron ore deal

Finland’s engineering group Outotec has been awarded a contract for the delivery of technology to set up a new iron ore beneficiation plant in northeast Iran.
Friday, 28 August 2015 11:17

Iran: No petrochemical exports to US

An Iranian official has ruled out petrochemical exports to the US, saying the country nevertheless has the American market under watch.
Iran has commissioned a new gas compression facility to boost natural gas exports to neighboring countries in Caucasus and Anatolia to about 60 million cubic meters a day.
Wednesday, 26 August 2015 12:29

Iran govt. sees economy growing 5% in 2016

The Iranian government expects an economic growth of five percent in 2016 as the country is beginning to emerge from draconian US-led sanctions.
Managing-director of Pars Oil and Gas Company (POGC) said the first refinery train of phase 19 development of the massive South Pars gas field will be operational by winter and …
Iran and Azerbaijan are in talks for the establishment of a joint bank whose branches would conduct financial operations in the two countries.
Iraqi Ambassador to Iran Rajeh Saber Aboud al-Moussavi announced Tehran and Baghdad's decision for joint investment in Azadegan Oilfield.
Deputy Oil Minister Amir Hossein Zamani-nia has said European companies are seeking to return to Iran as soon as possible after the removal of sanctions.
Thursday, 13 August 2015 12:26

Italy to host Iran's trade delegations

Italy is due to host two trade delegations from Iran in the next two months, an economic official said.
Iranian Deputy Foreign Minister Morteza Sarmadi and Georgian Vice-Speaker Gubaz Sanikidze in a meeting in Tbilisi underlined the need for the further expansion of all-out ties.
Sunday, 09 August 2015 11:51

Tehran, Baku mulling joint gas exports

Iran says it is discussing joint exports of natural gas to international markets with Azerbaijan in a sign that Tehran may have already revived plans to pipe gas to Europe.   
Thursday, 06 August 2015 11:19

Phase 13 platforms over 70% ready

Offshore platforms at Phase 13 of the massive South Pars gas field are 70.28% complete, operator of the phase said.