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Iran Khodro, Peugeot Joint Venture Company begins work

Iran Khodro and Peugeot joint venture company named ‘IKAP’ kicked off its work in presence of Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh and after introducing Board of Directors . They finalized 17 subsidiary contracts in line with the cooperation protocol. The founding members of IKAP convened and…

Tourism industry in Isfahan introduced to foreign investors

Deputy Head of Cultural Heritage, Handicrafts and Tourism Organization of Isfahan province for investment and planning Hamid Amini said on Monday that investment opportunity in tourism had been introduced to more than 20 foreign investors. He said that foreign investors got acquainted with provincial capabilities and the capacities in tourism…

Foreign companies lined up to enter Iran’s LNG market

Eight foreign companies, along with Iranian companies, are seeking to contribute in Iran’s liquefied natural gas projects, senior official at the National Iranian Gas Exports Company says. Alireza Kameli, Managing Director of NIGEC said on Sunday that negotiations are underway between his company and eight companies specialized in LNG projects….

69pc growth in Tehran-Moscow trade exchange: Russian minister

Russian Minister of Energy Alexander Novak announced that the worth of economic exchange between Russia and Iran has witnessed 69 percent increase during the first half of the current year compared with that of 2015. During his talks with members of the Iranian delegation here, Novak said the increase became…

Iran attends Silk Road meet to foster economic cooperation, tourism

The three-day Silk Road meeting with an aim to expand economic cooperation among countries lying on the road is underway in China. A number of Chinese officials and representatives of Chinese businesses and companies were present in the meeting. The two-day meeting focused on ways of expanding and consolidating economic…

Italian region keen to boost economic ties with Iran

Entrepreneurs, market experts, banking and industry representatives in the Italian northern province of Emilia-Romagna, have expressed readiness to resume trade and enhance cooperation with Iran. City of Bologna, the provincial capital of Emilia-Romagna Region, on Friday hosted a conference on Friday on joint trade and investment ventures between Iran and…

Iranian, Russian officials mull opportunities of investment in Iran

Iranian and Russian officials on Friday discussed economic and industrial opportunities in Iran, a big global market in the world. The officials along with senior international economic experts and investors held the discussions on the sidelines of a panel on ‘Post-sanction Iran’, held on the margins of the St. Petersburg…

Iran is Third in the countries with the most engineering graduates

Which countries churn out the most engineering graduates every year? When it comes to engineering degrees, the United States, Japan and other developed nations produced the majority of the world’s graduates over past few decades. However, things have started to change and a significant number of new engineering, manufacturing and construction…

Iran, Russia discuss industrial ties

Iranian and Russian industry minister conferred on bilateral ties on the sidelines of St. Petersburg meeting on Thursday. Mohammad Reza Nematzadeh and Alexander Novak discussed the expediting the enhancement of mutual cooperation in the economic, commercial, industrial and energy fields in St. Petersburg. They also reviewed implementation of the agreements…

Iran to cooperate with foreign knowledge-based companies with aim to attend world market

Commercial Director of National Iranian Oil Refining and Distribution Company (NIORDC) Ali Zeiyar said that cooperation with foreign knowledge-based companies is in line with presence in the world markets. He said that priority of commercial management is that foreign firms, especially those knowledge-based companies to cooperate with domestic manufacturers to…