Iran and Germany’s Medio Energy company have inked an MoU worth about 104 million dollars over construction of two wind and solar power plants in the south of Iran. Reported by HPMM Group according to MEHR NWES ;Khuzestan Regional Electricity Company of Iran and Germany’s Medio Energy Invest GmbH & Co. KG have sealed two […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;The council of the Islamic Financial Services Board (IFSB) announced the appointment of the Central Bank of Iran’s governor as its chairman for 2017. “Dr. Valiollah Seif, governor of Central Bank of the Islamic Republic of Iran, will steer the chairmanship of IFSB while Fazle Kabir, governor […]
Iranian Oil Minister Zanganeh has said all interested foreign companies were invited to submit tenders for development of Iranian oil and gas fields, including Azadegan. Reported by HPMM Group according to MEHR NWES ;On possibility of assigning the contract for development of South Azadegan oilfield to France’s Total company, Bijan Zanganeh said no promise has […]
Reported by HPMM Group according to IRNA ;Speaking in the signing ceremony of the contract held in Niroo Research Institute, Minister of Energy Hamid Chitchian said the contract worth $1.6b was inked between a Russian firm and Iran’s Thermal Power Plants Holding Company. He added that the power plant will be constructed in four 350-megawatt […]
Reported by HPMM Group according to FINANCIAL TRIBUNE; Iran’s export of crude steel and steel products will reach 6 million tons by the end of the current Iranian year (March 20, 2017) to resister a 50% rise compared to last year, the managing director of National Iranian Steel Company said. Abdolmajid Sharifi made the statement […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Boeing will initially finance the first batch of six planes. The rest of the 80-jet order will then be financed by a third party before being delivered to Iran Air over time About 85% of the $16.6 billion Boeing order will be financed through foreign sources […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;Transactions between Iranian and Swiss banks have totaled $8 billion since the lifting of the sanctions nearly a year ago, said Mohammad Nahavandian, President Hassan Rouhani’s chief of staff. “We are trying to persuade foreign bankers to finance Iranian projects … They know investing in Iran’s economy […]
Reported by HPMM Group according to FINANCIAL TRIBUNE; Iran is home to 113 million tons or 29% of the world’s barite reserves, according to the head of Mineral Explorations Department at Iranian Mines and Mining Industries Development and Renovation Organization, Ali Asgharzadeh. Iran’s proven barite reserves were less than 10 million tons before IMIDRO and […]
Reported by HPMM Group according to FINANCIAL TRIBUNE; Bank Mellat, one of the leading privatized lenders in Iran, will launch a subsidiary and a branch in Malaysia and Georgia respectively in the next two months, announced the bank’s chief executive. “Enhancing operations in international markets has been a priority of Bank Mellat in the post-sanctions […]
Reported by HPMM Group according to MEHR NWES ; Hyundai Heavy Industries Company announced Sat. that it had received a final proposal by Iranian Shipping Lines (IRISL) to buy 10 ships worth 650 million dollars. Accordingly, the South Korean company will manufacture and deliver 10 ships to the Islamic Republic of Iran as requested by […]