Economy

The plan for developing Sumar oilfield has been proposed by the Poland's PGNIG company.The plan was discussed by experts, senior officials on hydrocarbon resources, and members of the consultative commission of reserves management.Sumar oilfield lies in the border region in the western Province of Kermanshah. The proposal is based on …

Mehdi Honardoost said this during a meeting with Pakistani Minister for Commerce and Textile Muhammad Pervaiz Malik here on Wednesday. He said that Iran and Pakistan enjoy strong cordial relations but there is lot more to be done to enhance the trade between the two countries to its full potential.Honardoost …

Trump wrote in a statement issued on November 18 that because there is enough supply of oil from other countries, it is possible to limit the purchase of oil and its derivatives from Iran. According to the Joint Comprehensive Plan of Action (JCPOA) between Iran and G5+1 (UN Security council …

Mohammad Javad Azari Jahromi who attended the 13th World Islamic Economic Forum in Kuching, Malaysia, said, 'Each hub such as FinTech Hub, the Information Technology Hub, the Banking Hub, the Health and Medical Services Hub would provide its products and services to a much larger population of the entire Islamic …

Mohammad Javad Azari Jahromi made the remarks speaking during a specialized panel in the Annual World Islamic Economic Forum (WIEF) underway in Kuching, Malaysia. He said that feasibility studies for establishment of these hubs need to be carried out by the Organization of Islamic Organization (OIC) and Islamic Development Bank. …

[unable to retrieve full-text content]Tehran, Nov 21, IRNA – Minister of Petroleum Bijan Namdar Zangeneh underlined that Total's capital will remain in Iran if the company decides to side away of the project for development of South Pars gas field in Iran. www.irna.ir

Main theme of the event is Disruptive Change: Impact and Challenges in which Azari Jahromi is scheduled to deliver a speech in the afternoon.Ministers, experts, businessmen, investors and senior officials from Iran, Singapore, Indonesia, India, Hong Kong, US, France, Sweden, New Zealand, Bangladesh and Philippines are taking part in WIEF.The …

In a meeting with the Chairman of Majlis (Parliament) Economy Commission Mohammad Reza Pourebrahimi on Monday, he called for optimal use of the two countries’ capacities to this end. Expressing interest in boosting economic relations with Iran, especially in the field of economy, tourism, medicine and knowledge-based economy, Leitner pointed …

'In response to the statement made by Dana Gas chief executive in relation to Iranian gas importation to UAE, a well-informed authority of the National Iranian Gas Company (NIGEC) expressed that following the issuance of the arbitration award of 31 July 2014 in the case between the National Iranian Oil …

The MoU was signed by RIPI deputy for technologies and international relations Mansour Bazmi and Raschig technical director Michael Schultes in Tehran.Rasching is one of the most credible companies in the world and many industries are cooperating with it, Bazmi said after signing the MoU.The cooperation will be on transfer …