Economy

He pointed to planning of the company to execute two new plans, including Ethylene Oxide project, and said that for engineering sector of the two plans, the MPC had negotiated with Dutch-Shell Company and two other Italian companies, like “ Techno-Mount”, and now is in convening contract process.He added that …

Among contents of the MoU were investment for the development of oil and gas fields of Pasanan in Ahwaz.The MoU also covers development of the third phase of Darkhovein in Khoramshahr, investment for construction of Liquid Natural Gas (LNG) plant in Iran and supplying crude oil for constructing refinery in …

In its 96th meeting, the WEF examined the countries in regard to tourism destinations. The scrutiny includes travel expenses, infrastructures, public services, transportation, security, etc. and at the end, according to the points gained by each country, the world rankings are presented.The World Economic Forum is a Swiss nonprofit foundation, …

We have already invited the international energy companies to submit their tenders regarding the development of the Azadegan oil field, Bijan Zangeneh said on Monday, adding that negotiations are underway with other companies as well on limited tenders basis. Azadegan oil field is located in southern Iran, 80 km west …

Kuwait is to turn some very important islands to economic hubs to increase volume of imports and exports from the country mainly with Iran and Iraq via joint water borders, the minister said.Kuwait’s government is to invest over $ 100 billion in those areas and have initiated talks with the …

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Ambassador Reza Shafiee Tabatabee referred to the very good political relations between Iran and Bolivia and said that Tehran is ready to participate in implementation of strategic and developmental plans of Bolivia. Shafiee said that technology transfer is an important issue in a country’s progress and Iran is ready to …

“The Hyundai Motor Group, as a first step, intends to increase satisfaction among its customers in Iran and market for its products in the Islamic Republic based on a more appropriate system of supply and demand,” Saman Firouzi whose company produces some models of Hyundai cars. The Hyundai automaker company …

In the meeting, the two sides underlined the need to remove the existing obstacles in the way of banking cooperation with the aim to prepare grounds for jumping in trade ties level.Different issues such as development of bilateral relations, opening Letter of Credit (LC) through banking system of the two …

The US relief of sanctions has paved the way for signing of the finalized contract with Iran, added Patrick Pouyanne.Total had declared that the final decision on agreement with Iran depends on the extension of Iran’s sanctions relief by the US government.Pouyanne also confirmed that he had talked with Iran’s …