• Iran expects new oil deals to attract $25bn

    Iran expects new oil deals to attract $25bn

    Aug 10, 2016 12:39

    Iran says it is determined to press ahead with the implementation of its next oil sector projects through the new format of contracts with official saying that the new contracts could bring an investment of about $25 billion for the country’s oil projects within the next two years.

  • Post-sanction Iran trade boosts Turkey

    Post-sanction Iran trade boosts Turkey

    Aug 10, 2016 12:07

    Turkey says its trade with Iran has increased 30 percent since the lifting of US-led sanctions on the Islamic Republic in January.

  • Iran expects first wheat export in years

    Iran expects first wheat export in years

    Aug 10, 2016 08:36

    Iran is expecting a surplus of wheat this year, which it plans to release onto the regional markets, the country’s top body in charge of ensuring food security says.

  • India tells Iran subsea pipeline plan ‘feasible’

    India tells Iran subsea pipeline plan ‘feasible’

    Aug 08, 2016 12:04

    Iran says it has moved a step forward in a project to export natural gas to India through a subsea pipeline – what could be the world’s biggest such project if materialized.

  • Iran, S Korea ink water treatment deal

    Iran, S Korea ink water treatment deal

    Aug 07, 2016 11:44

    South Korea is about to help Iran on water supply and management and wastewater treatment under three memorandums of understanding signed in Tehran Sunday.

  • Iran’s non-oil exports to Iraq in 4 months show 23% year-on-year rise

    Iran’s non-oil exports to Iraq in 4 months show 23% year-on-year rise

    Aug 06, 2016 13:14

    Iran’s non-oil exports to Iraq during the first four months of the current Iranian calendar year, which started on March 20, showed a 23 percent increase in comparison with the similar period the previous year, the Iranian ambassador to Baghdad says.

  • Iranian supertanker, container ship collide in Singapore Strait

    Iranian supertanker, container ship collide in Singapore Strait

    Aug 05, 2016 10:12

    A large container ship has collided with an Iranian supertanker in the busy Singapore Strait, causing damage to both vessels but no injuries or oil pollution, the Maritime and Port Authority of Singapore (MPA) says.

  • Putin renews vow to give Iran $2.5bn loans

    Putin renews vow to give Iran $2.5bn loans

    Aug 05, 2016 10:05

    Russia says it is still committed to a pledge it has already made to grant two loans worth $2.5 billion to Iran.

  • Iran approves new format of oil contracts

    Iran approves new format of oil contracts

    Aug 03, 2016 12:24

    Iran’s cabinet has sealed a new format of the country’s oil sector contracts which is hoped to bring in a considerable volume of foreign investment in the Iranian oil and gas projects.

  • Japan to fund Iran’s purchase of MRJs

    Japan to fund Iran’s purchase of MRJs

    Aug 01, 2016 00:40

    Iran says Japan has agreed to fund a plan to purchase passenger planes from its industrial giant Mitsubishi Heavy Industries.