Economy

“The phases 17 and 18 of South Pars are ready to be officially inaugurated and they are currently injecting 50 million cubic meters of gas to the national grid every day. Iranians have high capabilities in implementation of offshore projects, especially launching platforms so that in addition to the quality …

'If we wish to understand British economic policy (and so understand why the 1% are getting richer, why debt is increasing and why most jobs coming into existence are temporary, insecure and low-paid) you have to understand the basic doctrines and practices of global finance capitalism,' Rodney Shakespeare said.Those doctrines …

Designed by the Saipa research center, Quick was unveiled on Monday at a ceremony attended by Majlis Speaker Ali Larijani, Saipa group President Mehdi Jamali and Minister of Industry and Trade Mohammad Reza Nematzadeh. With an engine displacement of 1503 cc, the car weighs 1063 kilograms and its maximum power …

Kabiri told reporters on Monday that the delegation included 24 members two of whom are officials from the Economic Development Ministry and Chamber of Commerce.Introducing industrial and export capabilities of the province to absorb investment for joint venture projects is the aim of inviting the delegation to Qazvin.The Polish group …

Representatives of 35 Slovakian private companies as well as the country’s Economy Minister Peter Žiga and Finance Minister Peter Kazimir will accompany Pellegrini during the trip. The Slovakian delegation will attend a forum in the Industrial Development and Renovation Organization (IDRO) on March 7.They are expected to explore avenues to …

The bill was ratified with 160 for votes, 19 against and four abstentions. The figure is to be divided in public expenses and budget for ministries and state run organizations.President Hassan Rouhani had submitted the bill to the parliament on Sunday, December 9, 2016.The total amount of Iran’s annual budget …

Iran’s light crude oil price rose by $ 1.24 in the mentioned period registering a record rise among other producing countries. The oil price rise over the past weeks is mainly due to the commitment of OPEC and non-OPEC producers to a decision to reduce oil production. Also, the Iranian …

South Africa, which had background in participation in petrochemical industry plans in Iran, intends in a new round of cooperation with Iran to build a GTL complex.According to the report of Petroleum Ministry on Sunday, Managing Director of National Petrochemical Company (NPC) Marziyeh Shahdaei considered grounds for cooperation between the …

“For the first time in dialysis industry, dialysis filters manufactured by an Iranian company has been exported to Germany,” Mortazavi said. The official said that the value of the exported shipment stood at 500,000 euros.Asked whether the Iranian patients do not face shortage problem due to export of dialysis filters, …

He made the remarks in a joint press conference with President Hassan Rouhani here on Sunday.Aliyev said that two documents were signed between Iran and Azerbaijan Republic on Sunday which pave the way for consolidation of relations, and appreciated Iran for starting investment in Azerbaijan Republic.He said that the issue …