Economy

The first phase of the Persian Gulf Setareh Refinery will become operational with a capacity of 120,000 barrels of gas condensates a day. At this stage, the refinery will produce 12 million liters of Euro IV petrol, 4.5 million liters of Euro IV gas oil, one million liters of Euro …

Upon his arrival in Bandara Abbas International Airport, the president said that inauguration of the refinery in the current Iranian year called the Year of Economy of Resistance, National Production and Employment is another honor in producing oil products.The first phase of the Persian Gulf Setareh Refinery will become operational …

Pedram Soltani in the meeting with Marco Passalia pointed to an Iranian delegation’s visit to Switzerland last October and declared that another delegation is on its way to that country.Pointing to the banking, tourism, technology, pharmaceuticals, services and many other fields of cooperation, the official predicted a good future for …

Speaking in the first Iran-European Union Trade Forum on Sustainable energy, he noted that the nuclear agreement prepared the ground for resume of cooperation between Iran and the European Union.The European commissioner declared Iran’s support for the JCPOA, and noted that Tehran and EU have inked several cooperation documents in …

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Seif made the remarks in the Fourth Iran-Europe Banking and Business Forum which was held on Saturday at IRIB's International Conference Center, Tehran.Various banks have held detailed negotiations with Iran’s banking network, he said.He pointed to the history of Iran nuclear deal which is also known as Joint Comprehensive Plan …

Referring to the advantages Iran’s economy have for attracting foreign investment, Peyman Ghorbani said at the 4th Trade and Business Forum Iran Europe that lowering the inflation rate to below 10 is a result of President Rouhani’s administration.Ghorbani said that Iran’s economic growth is positive now and that although a …

Zarif made the remarks on Saturday in the 4th Banking and Buisness Forum Iran Europe. “The architects of sanctions began a special operation to paralyze Iran’s financial market,” Zarif said.“They were after restricting and disabling inter-banking relations and create disruptions in transactions between Iranian and foreign banks as well as …

The Industrial Development and Renovation Organization of Iran (IDRO) delegation visited Slovakia and signed a cooperation document with this country’s industry ministry and chamber of commerce.The delegation paid also a visit to the Czech Republic and inked a Memorandum of Understanding with the country’s industry ministry, industry federation and chamber …

Deputy Minister of Agricultural Jihad and Head of Iran Fisheries Organization Hassan Salehi said in the First Food and Health Festival on Friday that fishers from the Indian Ocean littoral states as well as the European and American countries are fishing in this region.Iranian fishers catch 100 tons of fishes …