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Russia interested in investment in Iran oil, gas projects

Russia is interested in investment in Iran’s oil and gas projects, Russian Energy Minister Alexander Novak said on Friday. He made the remarks in a joint press conference with Iranian co-chairman of Iran-Russia Joint Economic Cooperation Commission Mahmoud Vaezi. The Russian co-chairman of Iran-Russia Joint Economic Cooperation Commission said that…

Iran, Russia stress enhancement of all-out ties

Mahmoud Vaezi and Alexander Novak Iranian and Russian heads of the Iran-Russia Joint Economic Cooperation Commission in a meeting on Friday underlined promotion of all-out ties between the two states. During the meeting, Vaezi, who is also minister of communications and information technology, underlined the importance of upcoming meeting between…

China to make $3bn investment in Iran fisheries

Deputy Minister of Agricultural Jihad and Head of Iran Fisheries Organization Hassan Salehi said on Wednesday that China is going to invest three billion dollars in Iran fisheries, especially in Qeshm and Bandar Abbas in southern part of the country. Speaking to Managing Director of Qeshm Free Trade Zone Organization…

14 Italian banks keen on business with Iran

Italian Insurance Company Sace supports Iranians in all economic fields and some 14 Italian banks declared they are keen on business with Iran, managing director of Rome International Exhibition Company Pic Cinetti said on Tuesday. Pic Cinetti made the remarks in a meeting with deputy head of Iran International Exhibitions…

US markets opened to Iranian carpet

After implementation of the nuclear deal, obstacles in the way of exporting Iranian carpet to US has been removed and the US markets have been opened to Iranian carpets. In the first quarter of the current Iranian year (beginning on March 20), 27 tons of Iranian hand-woven carpets worth $2m…

Contract to build solar power plant in Northern Khorasan signed

Joint venture investment will be made for construction of solar power plnt in Northern Khorasan province. Executive works to build the solar power plants will start in the next three and four weeks. Managing Director of North Khorasan Electricity Distribution Company Alireza Sabori said that a contract was signed to…

Netherlands trade delegation meet Kerman businessmen

A meeting was held between Kerman businessmen and members of Rauh Welt Begriff Company (RWB) from the Netherlands on Monday. Chairman of Kerman Chamber of Commerce, Industry, Mine and Agriculture said after expounding on potentials of the province, companies active in the field of water expressed interest to cooperate with…

PSA strikes deal with Saipa to build Citroen cars in Iran

PSA Group unveiled a second Iranian manufacturing deal on Thursday as the French carmaker seeks to reclaim the leading position it once enjoyed in the Middle East’s biggest auto market, until U.S.-led sanctions forced its withdrawal. The Paris-based carmaker struck a framework deal with Iranian counterpart Saipa to invest 300…

Iran, Pakistan sign MoU on border trade

The 4th joint commission meeting of Iran-Pakistan border trade held on July 19-20 in Quetta, capital of Pakistani province of Balochistan led to sign MoU on border trade. Head of Iranian Sistan and Baluchestan province organization of Industry and Mine Nader Mirshekar and the head of Quetta Customs House Jaddoun…

Europeans keen to invest in Iran’s renewable energy sector: EWEA chief

TEHRAN – Giles Dickson, the CEO of the European Wind Energy Association (EWEA), said that renowned European companies are keen to invest in Iran’s renewable energy sector, especially in wind energy sphere. Dickson made the remarks in an exclusive interview with the Tehran Times on the sidelines of the 4th…