Economy

Chief Executive Officer of Tejarat Bank Mohammad, Ebrahim Moghadam, added on Saturday that the bank has field a lawsuit in the CJEU to persevere interests of its shareholders and customers.After removal of Bank Tejarat sanctions in the EU judicial authorities, the bank has already started assessment of losses, it suffered …

In a meeting with Governor General of Isfahan, Rasoul Zargarpour, on Wednesday, Gierlinger said Isfahan as one of the world's wonderful cities has good capacities for tourism.He said considering experiences of Austria in this field, it could be the main axis of cooperation between Isfahan and Austria.Referring to Isfahan problems …

The average of Turkey's imports reached 126,000 bpd from the beginning of 2016 until the end of Nov.Turkey purchasing 60,000 to 100,000 barrels of oil per day was one of the few buyers of Iran's oil in sanctions era.After the implementation of the JCPOA and lifting sanctions against Iran, oil …

As per the MoU, the two sides have been obliged to cooperate in several oil and gas projects in Iran.The OMV group is an international, integrated oil and gas company headquartered in Vienna.Following the implementation of the final nuclear deal between Iran and the Group 5+1 (Russia, China, the US, …

Takht-e-Ravanchi made the remarks in a meeting with Assistant Foreign Minister of Serbia, Goran Aleksic, in Tehran on Tuesday.In the meeting, Takht-e-Ravanchi talked about Iran's capacities in different fields of economy, commerce, oil and gas and announced Iran's readiness to consolidate and strengthen economic ties and share experience in different …

The signing ceremony was held on the sidelines of an international conference on investment opportunities and sustainable development in the Makran coastal area that started work in Chabahar in this southeastern Iranian province.The agreements, valued at three billion dollars, were signed by Indian, Omani, Chinese and South Korean investors.Also, the …

The statement said the OPEC Secretariat will provide the JMMC with monthly report on the contribution of the non-OPEC countries into the output cut plan.Each of the five members of the JMMC will introduce a technical representative to the Joint Technical Committee (JTC), which will cooperate with the OPEC Secretariat …

Fire erupted in the 17-storey Plasco high-rise at 8:00 hours Tehran times on Thursday, January 19, but the whole building collapsed at 11:30 hours and a number of firefighters, who were busy containing fire inside the building were trapped under the debris.One firefighter died of burns he received in the …

Regarding reports on increase in Iran's oil production to more than 3.9 million barrels per day, Gholamreza Manouchehri told IRNA that statistics reported by Iran and the OPEC are different.'Accordingly, the proposed production ceiling by the OPEC 171st meeting can be increased,' he said.'Based on OPEC agreement, the average production …

The MoU was sealed on the sidelines of the 2nd International Industry and Mine Exhibition in Yazd between Indonesian ambassador to Iran Ocatvino Alimudinand and the Managing Director of Yazd International Commercial Exhibitions Mostafa Boustani.Alimudinand pointed to Indonesia readiness to have cooperation with Yazd province to promote relations, saying this …