Reported by HPMM Group according to FINANCIAL TRIBUNE; Governor of the Central Bank of Iran has underlined the role of petrochemical companies in balancing the foreign exchange market, urging them to maximize discipline and efforts to better stabilize a volatile market. “Unlike what some say about the performance of the petrochemical units and their role […]
Reported by HPMM Group according to MEHR NWES; Deputy oil minister said Iran and China will jointly launch a three-billion-dollar oil project today to develop and optimize Abadan Refinery. Managing Director of National Iranian Oil Refining and Distribution Company (NIORDC) Abbas Kazemi, while expounding on the first major agreement between Iran and China in the […]
Reported by HPMM Group according to FINANCIAL TRIBUNE; Tehran is hosting the 10th International Flour and Bakery Industry Exhibition, otherwise known as IBEX 2016, in which representatives from nearly 200 Iranian and 60 foreign companies are participating. Companies from Germany, Turkey, Greece, Italy, France, South Korea, Poland, Sweden, Czech Republic, Belgium, Switzerland, Russia, Lebanon, […]
Reported by HPMM Group according to FINANCIAL TRIBUNE; Tehran Stock Exchange’s main index gained 749.30 points or 0.94% to end Tuesday trade at 80,830.5. More than 1.2 billion shares valued at $87.2 million changed hands for the day. Bama Mining and Industrial Company was the biggest riser, going up 6.95% to 7,340 rials per share. […]
Reported by HPMM Group according to TEHRAN TIMES and IRNA ; Iranian Finance and Economic Affairs Minister Ali Tayyebnia said Iran welcomes foreign investment and offers investors with a variety of incentives. Speaking at the 20th general meeting and conference of Asia-Pacific Central Securities Depository Group (ACG20) in Tehran on Tuesday, the minister explained some […]
Reported by HPMM Group according to FINANCIAL TRIBUNE; the Oil Ministry has approved a proposal by the Industrial and Commercial Bank of China for financing the development of Mehran Petrochemical Complex in Ilam Province, said a local official hoping for the quick implementation of the plan. “An estimated 41 trillion rials ($1.27 billion at the […]
Reported by HPMM Group according to MEHR NWES; Iranian foreign minister, while pointing to fine age-old relations between Iran and Japan, deemed trade institutions as generators of economic cooperation between the two sides. Mohammad Javad Zarif made the remarks during the first Iran-Japan Business Forum organized by Japan’s Ministry of Economy, Trade and Industry (METI) and […]
Reported by HPMM Group according to TASNIM ; In the twentieth Asia and Oceania Central Investment General Meeting (ACG20) opening speech, Ali Tayeb Nia pointing to capital market position said: all the members of Iran economic society including the capital market are ready to expand cooperation with economic organizations of other countries and welcome any […]
Reported by HPMM Group according to MEHR NWES ; Iran’s Oil Minister Bijan Zanganeh will participate at meeting between OPEC and non-OPEC nations to be held in Vienna on Dec. 10. On November 30, members of the Organization of the Petroleum Exporting Countries (OPEC) agreed to reduce global oil output by 1.2 million barrels per […]
Reported by HPMM Group according to PRESS TV; Iran says it is ready to transit optical cables from Russia to China and India in a project which is expected to lead to the creation of an integrated internet service between the four countries. Iran’s Minister of Communications and Information Technology Mahmoud Vaezi told a visiting […]