Foreign investors flooding into Iran after JCPOA: NPC Head
Foreign investors are fooding into Iran after execution of Joint Comprehensive Plan Of Action (JCPOA), deputy Petroleum Minister and head of Iran’s National Petrochemical Company (NPC) Marzieh Shahdaei said. She made the remarks Saturday evening in a forum on the prospect for petrochemistry in Iran which was held on the…
South Korea to construct shipyard in Iran
Daewoo Shipbuilding and Marine Engineering Company said it has signed an agreement with an Iranian state-run agency to cooperate in the development of a shipyard in Iran. According to a report by Yonhap News Agency on Thursday, the South Korean company has signed the deal with the Industrial Development and…
Rafsanjani: World business community keen on investment in Iran
Chairman of the Expediency Council Akbar Hashemi Rafsanjani said on Wednesday that the world business community is keen on economic cooperation and investment in the Islamic Republic of Iran. Speaking for officials of Azad university, he said G5+1 promised to pave the path for Iran’s active presence among seven big…
Iran to export first petchem cargo to Australia
Iran says it will soon ship the first cargo of hexamine – a key petrochemical product used in a variety of industries – to Australia. Iran says Australia has joined the list of the clients of its hexamine – a fresh sign showing that petrochemical products are already receiving a…
NIOC: 24 MoUs for signature with international oil executives
Deputy Managing Director of National Iranian Oil Company (NIOC) Gholamreza Manouchehri said on Monday that some 12 Memorandums of Understanding have been signed with foreign oil executives so far and 12 other MoUs will be signed soon. The official said that low risk and expense for production of oil and…
Iran resumes carpet exports to US
Head of Iran’s National Carpet Center Hamid Karegar said on Sunday that Iran resumed carpet exports to the US in the wake of the Joint Comprehensive Plan of Action. He made the remarks in a meeting with Gazvin Governor General Fereydoun Hemmati. Karegar put the value of carpet exports to…
Minister: Iran in oil swap talks with Rusian company
Minister of Petroleum Bijan Zangeneh says Russian Lukoil Company seeks oil swap deal with Iran and talks on the issue are underway. Zangeneh told IRNA that during recent visit of Russian Energy Minister Alexander Novak to Tehran, no talks had been held on the issue but Lukoil follows the project….
Iran’s Aseman Airlines to get Airbus planes
Hossein Alaei, the head of Iran’s Aseman Airlines. Iran’s Aseman Airlines says it is working on a plan to renovate its fleet by procuring a series of planes from the world’s largest aerospace corporation Boeing, European aviation giant Airbus and even Russia’s Sukhoi aircraft builder. Hossein Alaei, the head of…
South Korea to build two wind power plants in Sistan-Baluchestan province
South Korean Yusong Company is due to start construction of two wind power plants in Mil-e Nader region of Sistan-Baluchestan province, provincial official said on Thursday. Director General of Department for absorbing and supporting investment in Sistan-Baluchestan province Mandana Zanganeh said that license and authorization have been issued and…
Iran, Indonesia businessmen sign five documents for economic cooperation
Economic activists of Iran and Indonesia in Tehran on Wednesday signed five agreements for cooperation on banking, stock exchange, energy, industry and food supplies. Iran-Indonesia Economic Meeting, co-chaired by heads of chambers of commerce convened in presence of representatives from 46 Indonesian companies and Iranian businessmen. Members of the Indonesian…
