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Iran, Finland to expand ICT cooperation

On December 9, 2015, Posted by , In News, With No Comments

Iran and Finland on Tuesday discussed ways of expanding bilateral ties in the field of information and communications technology, said the minister of communications and information technology. ‘ICT cooperation between Iran and Finland will increase in the areas of software as well as research and development,’ Mahmoud Vaezi said after…

German firm contributes to 10th Iran Plast Exhibition

On December 9, 2015, Posted by , In News, With No Comments

The 10th Iran International Plast Exhibition plans to organize the event in cooperation with the German company Messe Musseldorf. Director of the exhibition, Mohammad Maqareh told a news meeting on Tuesday that measures are underway to increase the number of foreign participants by 30 percent compared to the earlier edition….

Oil Ministry negotiates with Russia’s largest oil firm

On December 9, 2015, Posted by , In News, With No Comments

Managing Director of Russia’s largest oil company, the Rosneft, Igor Sechin, arrived in Tehran on Tuesday for 4th time in as many weeks for negotiations with Iranian Petroleum Minister Bijan Zangeneh. Economic Desk analyst believes the closer Iran gets to the scheduled dates for termination of nuclear sanctions, Russian oil…

32 pc growth in non-oil, gas condensate exports from Pars Special Economic and Energy Zone

On December 9, 2015, Posted by , In News, With No Comments

A total of 8,727,780 tons of non-oil commodities and gas condensates were exported from Pars Special Economic and Energy Zone in the first eight months of the year (starting on March 21, 2015), showing 32 percent growth compared to the figure for the same period the previous year. Pars Special…

Senegal welcomes cooperation with MAPNA in energy field

On December 9, 2015, Posted by , In News, With No Comments

Senegalese new ambassador to Iran on Tuesday welcomed proposal of Iranian MAPNA Group managing director for cooperation with Senegal in energy field. MAPNA Group is an Iranian enterprise which operates in the area of construction and development of thermal power plants under EPC scheme, independent power plants (IPP), oil and…

Tehran welcomes Lebanese banks opening branches in Iran

On December 9, 2015, Posted by , In News, With No Comments

Governor of Central Bank of Iran (CBI) Valiollah Seif on Tuesday said that Tehran welcomes Lebanese banks opening branches in Iran. Seif made the remarks during a meeting in Tehran with visiting Lebanese Minister of Finance Ali Hassan Khalil. Lebanese banking system is fully stable and updated and the ground…

Italy to invest in development of North Pas gas field

On December 9, 2015, Posted by , In News, With No Comments

A group of Italian companies’ directors on Tuesday voiced interest in making investment in Pars Special Economic and Energy Zone, especially in North Pars gas field. The directors announced the readiness in a meeting with Managing Director of Pars Special Economic and Energy Zone Organization Mehdi Youssefi on Tuesday. Briefing…

Iran reaches agreements with French, German, Swedish car manufacturers

On December 9, 2015, Posted by , In News, With No Comments

Minister of Industries, Mines and Trade Mohammad-Reza Nematzadeh said on Tuesday that Iran has reached agreements with French, German and Swedish auto manufacturing companies to produce cars but they are wait for implementation of the Joint Comprehensive Plan of Action (JCPOA). Speaking to reporters on the sidelines of the Seminar…

Iran, Serbia ink three MoUs

On December 9, 2015, Posted by , In News, With No Comments

Iran and Serbia on Tuesday inked three Memorandum of Understandings (MoUs) to broaden cooperation between the two states. MoUs were signed by Serbian Deputy Prime Minister Rasim Ljajic and Iran’s Minister of Industries, Mines and Trade Mohammad Reza Nematzadeh on the sidelines of two countries’ 14th Joint Economic Commission. The…

10 facts about the gas fields Iran is offering to foreigners

On December 9, 2015, Posted by , In News, With No Comments

Last month, Tehran hosted 137 companies from 45 countries for a two-day conference, during which the legal generalities of Iran’s new model of oil and gas contract (Iran Petroleum Contract, or IPC) were introduced. More details about the contracts will be unveiled at a conference likely to be held in…