Economy

Managing Director of Caspian Oil Company Mohsen Delaviz told a press conference on Tuesday that his company is in talks with a number of international companies for exploration and development of Caspian Sea oil fields.'We are in the anniversary of oil exploration in Caspian Sea. In May 2012, we reached …

The Memorandum of Understanding (MoU) was signed by the two sides on the sidelines of the 22nd Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2017), that is underway at Tehran International Fair Ground.The NIOC Deputy Chief for Development and Engineering Affairs Gholam-Reza Manouchehri and Managing Director …

“Our plan for this year is to reach 1,000,000 tons of export, which shows %40 increase compared to last year,' Ahmad Sadeqi said on Tuesday.Sadeghi added that ESCO doubled its production in 1395 Iranian year (starting on March 20, 2016) by hitting 700,000 tons.He said that in addition to keeping …

Amadou Kone made the remarks during a meeting on Monday with Mahdi Aghajafari Director General of the Africa Department in Iran’s Foreign Ministry in the Ivory Coast economic capital, Abidjan.In the meeting, Amadou referred to Ivory Coast’s program to develop its transportation system till 2020 and the country’s need for …

There remains nearly six days to the final delivery of the first ATR plane to Iran, Parvaresh said. Iran's national flag carrier signed a final agreement with ATR on April 13 for purchasing 20 passenger planes. ATR is due to gradually deliver four of the newly-purchased planes to Iran in …

Speaking to IRNA, Stift said that presently a number of Austrian banks are now cooperating with Iran, but easing more trade exchange and investing in projects require deepening of banking cooperation. Austria calls for expansion of economic cooperation with Iran and will spare no efforts to normalize banking relations with …

He made the remarks in ceremony to sign memorandum of understanding (MoU) with National Iranian Oil Company (NIOC) to study oil fields of Sosangerd, Cheshmeh-Khoush and Pydar-Gharb, which took place on the sidelines of the 22nd International Exhibition on Oil, Gas, Refining and Petrochemical in Tehran.He expressed hope that domestic …

Head of the tourism commission at Iran’s Chamber of Commerce, Industries, Mines and Agriculture Ahmad Asghari-Qajari, made the announcement in this southwestern Iranian province on Sunday evening.Asghari-Qajari said that the number of the tourists had a two million growth compared to the preceding year. It is predicted that Iran's tourism …

“The presidential election is a test of solidarity and empathy among Iranian people, as well as an important opportunity for decision making and for a knowledge-based choice to improve the society,' Bahram Torkmani told IRNA on Monday.Noting that holding free election is a strong point for Tehran, the economic activist …

Executive Director of JEF international project in Kerman Mohammad Amin Fasih-Zadeh told IRNA on Sunday that the project was jointly implemented by Forests, Range and Watershed Management Organization (FRWMO) and FAO in Regan city five years ago and given its success the project was renewed for another 2 years.He said …