Economy

During a program of Pakistani ‘Waqt’ news TV channel ‘Embassy Road’ Mehdi Honardoost said that some forces are trying to term these two ports as competitive which is absolutely baseless. He said that Iran has also been supplying electricity to Gwadar port for past many years which shows that Iran …

This comes as at present, international experts’ attitude about the hike in oil prices is in stark contrast with Trump’s rhetoric. They maintain that recent US policies are the main factor to blame for the increase in the global petroleum prices.Analysts list the most important stimuli raising oil prices as …

According to CBI public relations department, CBI made the decision by its supreme committee in charge of fight with money laundering last Iranian calendar year. Virual currencies have the option to be used for money laundering, supporting terrorism, and exchange of sums between wrongdoers, pointed out the CBI circulation. Bit …

He made the remarks in a meeting with Head of Agricultural Research, Education and Extension Organization (AREEO) Eskandar Zand here on Sunday.Saeed reminded enough water and fertile land as part of Ghana capacity for agriculture.Deputy Minister of Agricultural Jihad Eskandar Zand also explained part of Iran's capabilities in agricultural sector.Zand …

He made the remarks here during his 2-day visit to Markazi province.Akibo said that Iran's progress and advancement in preceding years were noticeable, but African people have a little knowledge on Iran's capabilities.The ambassador said that African countries have trade exchanges with mainly the United Arab Emirates, China and South …

Addressing a meeting of Iranian and Iraqi chambers of commerce, he added that the government is due to open a line of credit worth three billion dollars for presence of economic activists in Iraq.Khosrowtaj, also doubles as the head of Iran Trade Development Organization, said that legal aspects of line …

Dadvar reiterated that the largest world gas condensate refinery will be built in an area of 700 hectares.He told reporters on Saturday that construction expenses for the refinery is around 4 billion dollars, which is totally paid by domestic resources.Dadvar said that the final capacity of the refinery is to …

The capacity of the Terminal 1 is about 5.5-6 million passengers per year but over 10 million ones are transported, managing director of Imam Khomeini International Airport (IKIA) Shahram Adam Nejad said.Salam Terminal with capacity of 5 million passenger will be launched this year, he said.Launching Iranshahr terminal will help …

According to the Customs statistics, petrochemicals export with exclusion of gas condensates had 8 percent decrease with amount of around 15 billion dollars, Kamali Ardakani said.Volume of minerals and mining industry products export reached 7.5 billion dollars, showing 14 percent growth, he added.Deputy Minister of Industry, Mine and Trade for …

The panel was presided over by Reza Dehqan, chief coordinator of upstream contracts at the National Iranian Oil Company (NIOC).The notable speakers of the conference were Behzad Mohammadi, CEO of Oil Industries Engineering and Construction (OIEC), Navid Rahbar, Managing Director of APP Dentons law firm, Jaap Kalkman, head of the …