open-iran

‘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.

Foreign investment in Iran hits $12b annually: fin. min.

Iran attracted $12 billion in foreign investment during the past Iranian calendar year (ended on March 20), ISNA quoted Finance and Economic Affairs Minister Ali Tayyebnia as saying.

Companies from 18 countries to attend 9th ICM in Tehran

More than 40 companies from 18 countries are going to attend the 9th International Course on Islamic Capital Markets (ICM 2017) which is due to be held in Tehran on April 18-20.

Bavarian trade delegation to embark for Tehran

A German trade delegation from the southeastern state of Bavaria will be in Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) on May 1, to negotiate expansion of ties with Iranian entrepreneurs, the official website of TCCIMA an

ATR voices readiness for supplying Iran’s ordered airplanes

ATR is proud of assisting Iran with revamping its air fleet via supplying its required airplanes, IRNA quoted Patrick de Castelbajac, the CEO of ATR, as saying on Wednesday.

Turkey’s imports from Iran doubled in 2 months

Exports of Iranian goods to Turkey doubled in January and February 2017 and reached $1.15 billion, Tasnim news agency reported.

BP to operate joint North Sea field with Iran

BP and Iran's state-run oil company received a license from the U.S. Treasury last year to operate their joint gas field in the North Sea following the lifting of Western sanctions on Tehran, BP said on Thursday.

Iran to certify more companies for IPC soon

A second list of international companies qualified to bid for Iran’s new model of oil and gas projects, known as Iran Petroleum Contract, is going to be released within the next few days.

Talks with Mitsubishi ongoing despite Boeing deal, Iran says

Iran's Aseman Airlines said negotiations with Japan's Mitsubishi Aircraft Corp. on the purchase of passenger jets are still ongoing despite its having signed a new agreement with Boeing Co. on the purchase of 30 planes

Iran not concerned by Indian threat to cut oil imports: Zanganeh

Iran does not consider India's decision to cut oil imports from Tehran in 2017/18 by a fifth as a threat, ISNA quoted Oil Minister Bijan Namdar Zanganeh as saying on Wednesday.

South Pars development plays appreciable role in employment

Implementing development phases of Iran’s South Pars gas field (in the Persian Gulf) was one of the promises made by Oil Minister Bijan Namdar Zanganeh which came true and besides boosting gas production noticeably it played significant part in job c

IRISL signs co-op MOU with Kamigumi, SUZUE

The Islamic Republic of Iran Shipping Lines (IRISL) signed a memorandum of understanding (MOU) with Japan’s SUZUE Corporation and Kamigumi Company in Singapore, IRIB new reported on Tuesday.

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