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Iran, Oman to boost economic ties

Iran and Oman underlined boosting cooperation in the economic and commercial sectors at the end of a series of joint talks in Muscat. Iran’s Ambassador to Oman Mohammad Reza Nouri Shahroudi explored avenues for bolstering economic cooperation in a meeting with Omani Minister of Trade and Industries Masoud al- Sunaidy…

Foreign investment flourishing in Iran

Deputy Minister and President of the Organization for Investment, Economic and Technical Assistance said that attracting $ 3.372b shows that foreign investment is flourishing in Iran. The UNCTAD wrote in its recent report, published in June 2017, that Iran has attracted more than $3.37 billion, showing a 64-percent growth. The…

Iran Air CEO: Seven new planes to join Iran’s fleet

Seven commercial airplanes would be added to Iran’s fleet by the end of this year, said Iran Air’s top manager. We are going “to receive another five ATRs until the end of 2017, starting in August or September, and a further eleven in 2018, bringing it to the total 20…

Aseman Airline signs contract to buy 30 Boeing 737 planes

Managing Director of Aseman Airline Company Hossein A’laei and Boeing Sales representative in the Middle East and Russia James Larson signed contract to buy 30 new Boeing 737 on Saturday. Minister of Cooperative, Labor and Social Welfare Ali Rabiei and Head of Civil Aviation Organization Ali Abedzadeh attended the signing…

Iran, Russia underline development of economic cooperation

Chairman of of Iran-Russia Joint Economic Commission Mahmoud Vaezi and Minister of Energy of the Russian Federation Alexander Novak agreed to continue consultations for development of mutual economic cooperation. Vaezi who also serves as Iran’s Minister of Communications and Information Technology, is in the Russian cultural capital to attend the…

Iran, Russia ink roadmap for cooperation in energy sector

Iran’s Deputy Minister of Petroleum for International Affairs and Trading Amir-Hossein Zamaninia and Deputy Minister of Energy of the Russian Federation Kirill Molodtsov on Saturday inked roadmap for cooperation in energy sector. The roadmap for energy cooperation between Tehran and Moscow was signed in a meeting between Iran and Russia…

Iran envoy urges joint investments between Iranian, French companies

Iran’s ambassador to Paris has urged the need for technology transfer from France to Iran, as well as joint investment by French companies and their Iranian peers in the Islamic Republic. “We, in Iran, similar to you in France, are obsessed with boosting our exports in order to decrease our…

Iran, China trade exchanges rising: Envoy

Trade exchanges between Iran and China is on the rise and trade exchanges between the two countries witnessed a growth of 31 percent in the first four months of 2017 as compared to the year before that, Iranian envoy said. Speaking to IRNA, Iran’s Ambassador to Beijing Ali-Asghar Khaji said…

Int’l business firm to invest € 22 billion on Iran road projects

The VNS international business company says it is going to provide bank facilities of 22 billion euros in the form of finance agreements to help Iran implement road projects across the country. “The bank facilities, expected to be paid in the form of finance agreements, will go to the projects…

Official: Agreement with Shell to be finalized soon

Managing Director of Maroon Petrochemical Company (MPC) Rahim Sharif Mousavi said on Monday that engineering agreement with Shell Company will be finalized in coming weeks. He pointed to planning of the company to execute two new plans, including Ethylene Oxide project, and said that for engineering sector of the two…