Economic News Titles

DFM: Iran to broaden, bolster strategic ties with China

DFM: Iran to broaden, bolster strategic ties with China

Beijing, May 25, IRNA – Deputy Foreign Minister Ibrahim Rahimpour and his Chinese counterpart on Thursday exchanged views on expansion of bilateral relations and cooperation.

Pakistan launches new power plant

Pakistan launches new power plant

Islamabad, May 25, IRNA – Pakistan has launched the first 660-megawatt unit of Sahiwal Coal Power plant as the first energy project under the China Pakistan Economic Corridor (CPEC). But country still needs at least more 5,000 MWs to cope with its severe energy shortage.

Iran petroleum minister, Total CEO meet in Vienna

Iran petroleum minister, Total CEO meet in Vienna

Tehran, May 25, IRNA – Minister of Petroleum Bijan Zangeneh and Chairman and Chief Executive Officer (CEO) of French Total Patrick Pouyanné met in the Austrian capital on Thursday prior to the 172nd OPEC conference.

India’s 1st container ship docks in Chabahar

India’s 1st container ship docks in Chabahar

Chabahar, May 24, IRNA -- A senior trade official announced on Wednesday that an Indian cargo ship with 300 containers of goods, including rice, docked in Shahid Kalantari pier in the port of Chabahar and started unloading its shipments.

Oil Minister: Election removes obstacles for new contracts

Oil Minister: Election removes obstacles for new contracts

Tehran, May 24, IRNA -- Iran's 12th Presidential election removed an important part of obstacles in the way of new oil contracts’ implementation, said Bijan Zangeneh, Minister of Petroleum on Wednesday.

Iran, Syria discuss economic cooperation

Iran, Syria discuss economic cooperation

Damascus, May 24, IRNA – Iranian and Syrian officials discussed economic cooperation between the two countries in a meeting held in Damascus on Wednesday to consider development of economic ties.

Iranian bank opens office in Europe

Iranian bank opens office in Europe

Tehran, May 24, IRNA – In continuation of the banking openings after the nuclear deal between Iran and G5+1, Saman Bank opened its first branch in Rome, after the Central Banks of Iran and Italy had granted the necessary licenses.

Iran, Armenia sign MoU on plant protection, quarantine

Iran, Armenia sign MoU on plant protection, quarantine

Moscow, May 24, IRNA - Following negotiations between Iran’s Minister of Agricultural Jihad Mahmoud Hojjati and his Armenian counterpart Ignati Araqelyan, the two countries inked a memorandum of understanding (MoU) on plants protection and quarantine.

Iran exports 64m liters/d gasoil, crude residue last year

Iran exports 64m liters/d gasoil, crude residue last year

Tehran, May 23, IRNA -- Managing Director of National Iranian Oil Product Distribution Company (NIOPDC) Mansoor Riyahi said 64 million liters of gas and crude residue were exported a day in 1395 (2016-17).

64% rise in German machinery export to Iran

64% rise in German machinery export to Iran

Tehran, May 23, IRNA -- Executive Director of German Deutscher Werkbund (German Association of Craftsmen DWB) Wilfried Schafer said on Tuesday that export of German Machinery to Iran rose by 64 percent in value to 33 million euros.

Iran-Russia trade fair opens

Iran-Russia trade fair opens

Anzali, Gilan Prov, May 23, IRNA -- Iran-Russia Trade Exhibition opened in Anzali Free Trade Zone on Tuesday, attended by high-ranking Russian delegation and certain Iranian senior directors.

Iranian, Slovak banks ink MoU

Iranian, Slovak banks ink MoU

Tehran, May 23, IRNA -- Managing directors of Export Guarantee Fund of Iran and Export-Import Bank of Slovakia signed a memorandum of understanding (MoU) on Tuesday on the sidelines of spring meeting of Berne Union in Copenhagen city, Denmark.

Official: Iran inks 70 lease contracts for oil tankers in post-JCPOA

Official: Iran inks 70 lease contracts for oil tankers in post-JCPOA

Tehran, May 23, IRNA -- Managing Director of National Iranian Oil Tanker Company (NIOTC) Cyrus Kian Erthi announced on Tuesday that in post-JCPOA era more than 70 contracts on renting Iran's oil tankers were inked by big foreign companies.

Iran, Oman agree on facilitating banking ties

Iran, Oman agree on facilitating banking ties

Tehran, May 23 IRNA -- Iranian and Omani banking officials agreed on promoting banking relations such as connecting banking networks of the two countries.

Iran, Armenia call for expansion of agricultural cooperation

Iran, Armenia call for expansion of agricultural cooperation

Moscow, May 23, IRNA -- Armenian Agriculture Minister Ignati Araqelyan conferred on Tuesday with his Iranian counterpart Mahmoud Hojjati on expansion of cooperation between the two countries.

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