Business News of Iran

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Updated: 5 hours 58 min ago

Iran Petchem output nearly 40 mt in 9 Months

Wed, 01/17/2018 - 16:15
TEHRAN (FNA)- Iran's petrochemical production stood at 39.9 million tons in the first three quarters of the current calendar year which begins on March 21.

Iran Ups Export of Zinc, Aluminum, Molybdenum in 9 Months

Wed, 01/17/2018 - 14:23
TEHRAN (FNA)- The exports of zinc, aluminum, and molybdenum value chains during March 22, 2017-November 22, 2017 showed a 65 percent, 28 percent and 30 Percent growth, respectively, the official statistics showed.

Iran to Build New Bridge on Armenia-Georgia Border

Wed, 01/17/2018 - 13:28
TEHRAN (FNA)- An Iranian company agreed to construct a new bridge known as Bagratashen Bridge on the Armenian-Georgian border in 2018.

Iran’s Wheat Export 7 Folded

Tue, 01/16/2018 - 14:05
TEHRAN (FNA)- The export of wheat from Iran increased by 758 percent compared to the last year while its import is banned which shows the self-sufficiency of this strategic product in Iran and makes a positive trade balance for the country.

Envoy: Iran to Send Another Oil Tanker to S. Korea

Tue, 01/16/2018 - 13:52
TEHRAN (FNA)- Iranian Ambassador to Seoul Hassan Taherian announced that a new cargo of gas condensates will be dispatched to South Korea after his country's oil tanker, Sanchi, collided with another vessel and sank in the East China Sea.

Turkish, Iranian Central Banks Vow to Expand Ties

Tue, 01/16/2018 - 13:45
TEHRAN (FNA)- Senior officials from the central banks of Iran and Turkey in a meeting in Tehran discussed new ways of developing banking relations between the two neighboring states.

China Condoles Iran over Oil Tanker Tragedy

Tue, 01/16/2018 - 13:15
TEHRAN (FNA)- Chinese Foreign Minister Wang Yi extended condolences to his Iranian counterpart Mohammad Javad Zarif over the death of all the 30 Iranian sailors aboard an oil tanker that collided with another vessel and sank off China's East Coast.

Speaker: Ties with Africa Sets Iran's Priority

Mon, 01/15/2018 - 18:21
TEHRAN (FNA)- Iranian Parliament Speaker Ali Larijani underlined his country's willingness to further broaden relations with African states, including Senegal.

S. Korea Confirmed as Destination of Sunken Iranian Oil Tanker

Mon, 01/15/2018 - 16:47
TEHRAN (FNA)- South Korean Ambassador to Tehran Kim Seung-ho confirmed that his country was the final destination of the Iranian oil tanker, Sanchi, which sank after colliding with another vessel in the East China Sea.

Iran Dismisses Media Claims on Destination of Sunken Oil Tanker

Mon, 01/15/2018 - 16:08
TEHRAN (FNA)- Iran's foreign ministry categorically dismissed media reports claiming that the Iranian oil tanker which sank after colliding with another vessel in the East China Sea was heading to North Korea, stressing that the vessel was heading to South Korea.

Iran to Launch Petrochemical Unit in Ilam Province Soon

Mon, 01/15/2018 - 14:31
TEHRAN (FNA)- Iran is planning to launch Ilam Petrochemical Sulfur Dismantling Unit next spring, a senior energy official announced.

Iran Investigating Cause of Oil Tanker Collision, Fire

Sun, 01/14/2018 - 19:41
TEHRAN (FNA)- Iranian officials underlined on Sunday that they would launch rigid probe into the cause of the collision of an Iranian oil tanker with another vessel in the East China Sea after all crews were declared officially dead today.

CEO: NIGC Ready to Lay Land Section of Iran-Oman Gasline Project

Sun, 01/14/2018 - 14:29
TEHRAN (FNA)- National Iranian Gas Company (NIGC) says the company is ready to get off the ground the land section of Iran-Oman gas pipeline project.

South Pars Power Generation at 17.7 m MWh since 2009

Sun, 01/14/2018 - 14:12
TEHRAN (FNA)- South Pars Concentrated Power Plant has so far supplied 17.7 million megawatt-hours of electricity since its inauguration in 2009, an official with Pars Oil and Gas Company (POGC) said.

Iran: NIOC-Total Deal being Executed

Sun, 01/14/2018 - 14:07
TEHRAN (FNA)- Iranian Minister of Petroleum Bijan Zangeneh said the National Iranian Oil Company (NIOC)'s gas deal with French energy giant Total is being executed on schedule and all the project's tenders, excluding one for drilling operations, have been held.

Iran Urges Broadening of Trade Relations among Muslim Countries

Sun, 01/14/2018 - 13:56
TEHRAN (FNA)- Iranian Parliament Speaker Ali Larijani in a meeting with Indonesian House of Representatives Speaker Fadli Zon in Tehran underlined that the Islamic countries need to further expand all-out cooperation in different areas, specially in economic and trade fields.

Iran, Iraq Ink Air Transport Agreement

Sun, 01/14/2018 - 13:54
TEHRAN (FNA)- Iran and Iraq signed an air transportation agreement on Saturday in a bid to ease the travel of pilgrims and expand transportation cooperation.

Iranian, Chinese FMs Discuss Efforts to Save Iranian Sailors

Sat, 01/13/2018 - 15:26
TEHRAN (FNA)- Iranian Foreign Minister Mohammad Javad Zarif and his Chinese counterpart Wang Yi have discussed in a phone conversation on Saturday ongoing efforts to find the Iranian sailors who went missing after a ship collision in Eastern China.

Iranian Oil Tanker's Black Box, 2 More Dead Bodies Found by Rescue Team

Sat, 01/13/2018 - 14:00
TEHRAN (FNA)- The Chinese salvage and rescue team discovered the voyage data recorder (black box) of the Iranian oil tanker which collided with a cargo vessel near China shores on January 6, and two bodies of the tanker's crew were also retrieved.

Envoy: Chabahar to Help to Transit from Indian Ports

Sat, 01/13/2018 - 13:01
TEHRAN (FNA)- Iranian Ambassador to India Gholamreza Ansari underlined that Chabahar port in Southeastern Iran has positively influenced transportation activities between the two countries and is even expected to open a new door to transit cooperation with a number of Indian ports.