open-iran

Industry sector attracts $5.6b in foreign investment post-sanctions

Iran could manage to attract $5.6 billion of foreign investments in various domestic industrial projects as of the removal of international sanctions in January 2016, Iranian Industry Minister Mohammadreza Nematzadeh announced in a press conference

Iran, EU to broaden agricultural cooperation

In their first joint meeting with officials of Iranian Agriculture Ministry in Tehran, the visiting members of the European Parliament's Committee on Agriculture and Rural Development (AGRI) voiced readiness for transferring new technologies and inn

Post-JCPOA petchem industry 'promising': Zanganeh

The future of Iran’s petrochemical industry is promising after the implementation of JCPOA (Joint Comprehensive Plan of Action which lifted sanction against Iran in January 2016), Oil Minister Bijan Namdar Zanganeh said on Saturday.

Deal with Total probably finalized within a month: official

Iranian Deputy Oil Minister in International Affairs and Trading Amir Hossein Zamaninia said the deal with Total based on the new oil contracts (known as IPC) will be probably finalized at most within a month, ISNA reported on Sunday.

Over 200 foreign companies to attend Project Iran 2017 expo

Over 200 companies will attend the 3rd International Trade Exhibition for Construction Materials, Equipment and Technology of Iran (Project Iran 2017) which will be held at the Tehran Permanent International Fairgrounds from April 24 to 27.

Iran-EU trade up 171% in Jan.

The European Union’s trade with Iran amounted to €1.55 billion in January 2017, a 171 percent rise compared to the first month of 2016, based on the latest figures released by the European Union’s statistics agency Eurostat.

Iran, Russia ink MOU on fishery co-op

Iran and Russia signed a memorandum of understanding on cooperation in the fishery sector, IRIB reported on Tuesday.

IPF to bring world of petrochemicals together

The 13th edition of Iran Petrochemical Forum (IPF) will play host to 101 participants, representing 74 foreign companies from 18 countries.

S.Korea's March crude imports from Iran hit record high

South Korea's intake of Iranian crude oil soared to a record high in March and its first-quarter crude imports from Iran nearly doubled on year, reflecting Tehran's efforts to raise output after the lifting of sanctions early last yea

Foreign investment in Iran’s capital market surged under Rouhani

Foreign investment in the Iranian capital market has witnessed a sharp rise since President Hassan Rouhani took office in August 2013, IRNA quoted Finance and Economic Affairs Minister Ali Tayyebnia as saying.

Iran, Pakistan ink MOU on banking co-op

The Central Bank of Iran (CBI) and the State Bank of Pakistan (SBP) signed an agreement on Banking and Payment Arrangement (BPA) aiming to strengthen banking ties between the two countries.

‘Iranian companies main contractors of new South Pars projects’

Domestic companies were the main contractors of the five newly inaugurated phases of the South Pars gas field (both in terms of investment and technology) and foreigners just supplied some equipment, Oil Minister Bijan Namdar Zanganeh told the Tehra

Bank loans to economic sectors rise 40% to $133b

The governor of the Central Bank of Iran (CBI) Valiollah Seif announced on Wednesday that banking loans paid to various Iranian economic sectors witness a 40-percent rise in the past Iranian calendar Year 1395 (ended March 20, 2017), as compared to t

Monthly car output up 27% yr/yr

Iranian car makers manufactured 124,691 vehicles in the last month of the past Iranian calendar year, Esfand (February 20-March 20), with 27 percent growth from 98,167 cars manufactured in the same month in its preceding year, ISNA reported on Wedne

President to inaugurate 4 petchem projects in coming days

Iranian President Hassan Rouhani will officially inaugurate four petrochemical projects in the coming days, IRNA reported on Wednesday.

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