Economy

“Iran is on the top rank of gas reserves and the fourth rank of oil reserves in the world,” said Heidari in an interview with ONASA news agency while stressing the importance of last December oil deal between Iran and the Organization of Petroleum Exporting Countries (OPEC).“Iran is after the …

Speaking to reporters on the sidelines of a cabinet meeting, Zangeneh said that President Rouhani is scheduled to inaugurate oil projects worth $ 20 billion next week. He said that new phases of South Pars oil field and the new oil layer of this field, from which oil will be …

“The list will be completed soon, and submitted to the government for veryfiying”, Mohammad Reza Nematzadeh said on the sidelines of the administration meeting.He added that some promising indications from figures, data and visits to industrial complexes showed that the industry sector was thriving.“Supreme Leader’s emphasis on production, employment and …

Patrick de Castelbajac said developing aerial transportation and boosting Iran’s regional status is of importance to ATR.The Managing Director of Iranian national flag-carrier airline ‘Iran Air’ Farhad Parvaresh and the CEO of ATR on Sunday sealed a contract to buy 20 aircraft.Based on the contract Iran is to buy 20 …

Isfahan is the most industrialized province and the second academic center in the country, said Zargarpour, stressing that Isfahan is a proper area for the investments by other countries.“Before the nuclear deal, we saw fewer tourists in Isfahan, but now the number of tourists has increased in a way that …

President Rouhani made the remarks in the ceremony, held for opening of 43 development and infrastructural projects in the northern province of Mazandaran.The Iran-Russia trade relations experienced 80 percent growth during the previous Iranian calendar year (ended on March 20, 2017), the President added.He said that construction of new infrastructures …

Shamani said the figure shows 3.5 percent growth as compared with the year before.He also reminded that in year 1395 registered imports from customs office was $ 43.674 billion, which had a growth of 5.16 percent as compared to the year before. Shamani said that Customs Office income in the …

According to a contract signed between Iran Air and ATR companies nine planes will be delivered until the end of 2017 and the rest of them in the year 2018.Iran Air and Italian-French company ATR, an affiliate to Airbus Company, signed contract to buy 20 planes of ATR 72-600 on …

“We have taken positive steps over past five years in the direction of reviving productivity, especially in the industry sector,” Kanoktanaporn said. Kanoktanaporn, who is in Tehran to attend annual meeting of Board of Governors of APO, told IRNA that in recent years Iran had good participation in execution of …

During the meeting on Sunday, Zargarpour noted that development of cultural relations between Isfahan and Slovakia will lead to promotion of social, economic and commercial ties between Tehran and Bratislava.Isfahan and Slovakia cultural week can be celebrated in the cities of the two countries, he said.He also said that Iran …