open-iran

Gas exports to neighboring countries, India prioritized

Neighboring countries and India are Iran’s top priority for gas exports and Europe is not one for now, Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia told IRNA.

Tehran, Ankara moving toward free trade

Iran and Turkey have agreed on enhancing bilateral relations through negotiating a free trade agreement.

European companies flocking into Tehran widen divide with Trump

Iran made progress this week in preserving its new-found place in the global economy.

Maersk, NIOC negotiating on oil project

Danish conglomerate Maersk Group is in talks with the National Iranian Oil Company for development of South Pars gas field’s oil layer in the Persian Gulf.

Iran guaranteed $12b foreign investment in 2016

The head of Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) said in 2016 Iran issued banking guarantees for nearly $12 billion worth of foreign investment in the country.

Tehran hosting 2 international exhibitions

Two international exhibitions are being held concurrently at the Tehran Permanent International Fairgrounds, the Islamic Republic of Iran Broadcasting (IRIB) reported on Friday.

Near $800m projects underway in Shahid Rajaee Port

Managing Director of Ports and Maritime Department of Iran’s Hormozgan Province announced on Wednesday that tens of projects worth 30 trillion rials (about $799 million) are underway in the country’s southern Shahid Rajaee Port, IRNA reported.

Over $2b allocated to 411 transport projects

The national budget law for the current Iranian calendar year (March 2017-March 2018) has allocated 80 trillion rials (about $2.1 billion) for implementing 411 transport projects across the country, the deputy transport minister announced on Wednesd

Linde resumes activity in Iran

Linde Group resumed its activities in Iranian market by granting its exclusive license to an Iranian company called Axon Machine Ariana, IRNA reported on Friday.

Iranian ports' loading, unloading capacity to reach 250m tons in 4 years

Iran plans to increase the capacity of its ports to reach 250 million tons by four years, IRNA reported quoting an official as saying.

Iran’s 5-month crude steel output up near 1m tons: WSA

Iran’s production of crude steel stood at 8.159 million tons in the first five months of 2017, with 944,000 tons rise from 7.215 million tons in the same time span in 2016, according to the latest report published by the World Steel Association (WSA

German banks poised to finance projects in Iran

German banks are ready to finance economic projects in Iran, Federal Minister of Finance Wolfgang Schäuble announced in a meeting with Iranian Foreign Minister Mohammad Javad Zarif in Berlin.

Crude steel exports from Iran up 8% in 2 months

Iran exported 1.3 million tons of crude steel during the first two months of the current Iranian calendar year (March 21-May 21), with eight percent rise from the figure of the same period of time in the past year, according to an industry official.

Iran’s exports to EU quintuple in 4 months

Imports of EU from Iran increased fivefold during the first four months of 2017 in comparison with the same period in the preceding year, European Union’s statistics agency Eurostat reported.

Iran, France to establish joint transport consultancy task force

Iran and France agreed on Friday to form a joint consultancy task force on transportation to accelerate cooperation in this sector, IRNA reported.

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