Archive For The “Bussiness” Category

Iran, Czech Republic approved to boost ties

Iran, Czech Republic approved to boost ties

The foreign ministers of Iran and the Czech Republic inked a memorandum of understanding (MoU) in Prague during a visit by the Iranian top diplomat to the eastern European country. Following a meeting to discuss bilateral ties and regional and international developments, Mohammad Javad Zarif and his Czech counterpart, Lubomir Zaoralek, signed the MoU on…

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Iran, EU officials discuss expansion of relations

Iran, EU officials discuss expansion of relations

Iranian Deputy Foreign Minister for American and European Affairs Majid Takht-Ravanchi discussed expansion of Iran-EU bilateral relations with two Members of the European Parliament in Brussels, Belgium. In a meeting held on the sidelines of the second phase of high-level talks between Iran and the European Union in the city, Takht-Ravanchi held separate meetings with…

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Report: Facilitating investment in Iran petrochemical ind.

Report: Facilitating investment in Iran petrochemical ind.

Iran’s petrochemical industry was privatized more than a decade ago. Today, the government is only paving the ground for the development of petrochemical sector. During years of international sanctions on Iran, the government was of great help to the private sector in its transactions. The signature of a historic nuclear deal between Iran and six…

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Luxurious Golden Eagle trains back to Iran

Luxurious Golden Eagle trains back to Iran

The Golden Eagle Luxury Trains, a prestigious European operator of exclusive, long-distance rail tours, is scheduled to run new rounds of its services that offers extensive excursions throughout Iran. Passengers from several countries including the UK, Spain, the U.S., Australia, Canada, and South Africa will aboard the opening southbound train that is scheduled to depart…

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Iran’s Crude Exports Stand at 2.44mbd

Iran’s Crude Exports Stand at 2.44mbd

Minister of Petroleum Bijan Zanganeh says Iran’s crude exports reached 2.44 million barrels per day as of October. Addressing a televised debate, Zanganeh said Iran’s oil production hit almost four million barrels per day in October. He dismissed the “sheer lie” report that he had met Egyptian counterpart Tarek El Molla and said, “I have…

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Astara-Astara railway become operational

Astara-Astara railway become operational

President of Islamic Republic of Iran Railways (RAI) said the Astara (Iran)-Astara (Azerbaijan) railway line will become operational in the current Iranian year (ending March 20). Mohsen Pourseyyed Aghaei expressed hope that the project which connects railways of Iran and Azerbaijan Republic will be implemented by the end of the current Iranian calendar year saying…

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Hong Kong ready to bolster economic ties with Iran

Hong Kong ready to bolster economic ties with Iran

Financial Secretary of Hong Kong John Tsang Chun-wah has voiced readiness to develop trade and economic relations with Iran. Speaking at the joint session for development of bilateral economic cooperation between Iran and Hong Kong Special Administrative Region of the People’s Republic of China, Tsang Chun-wah pointed to the arrival in Tehran of a 30-strong…

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Iranian President reaction to electing Trump

Iranian President reaction to electing Trump

Pres. Rouhani said the policies of the Islamic Republic are only influenced by the will and wishes of Iranian people and will not change according to changes in foreign countries. Iranian President Hassan Rouhani made the remarks in Wednesday’s cabinet meeting, adding “the success of the US in the eyes of the international community and…

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Swedish Prime Minister comes to Iran

Swedish Prime Minister comes to Iran

Prime Minister Stefan Lofven of Sweden will pay a visit to Iran in the near future, the Scandinavian country’s deputy foreign minister announced. A number of agreements are expected to be signed during Prime Minister Lofven’s visit to Iran, Swedish Deputy Foreign Minister Annika Soder said at a meeting with Iranian Deputy Foreign Minister for…

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Iranian oil industry needs $130 billion investment

Iranian oil industry needs $130 billion investment

Minister of Petroleum Bijan Zanganeh said on Tuesday that Iranian oil industry needs $130 billion investment to meet the Sixth Five-Year Economic Development Plan (2016-21) targets. Zanganeh told a televised interview, “We use different methods for financing and there is not the possibility for attraction of all the needed capital through contracts.” On the contract…

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