Ports and Maritime Organization of Iran and Mwani Qatar signed MoU in developing Bandar-e Dayyer.
ECONOMY Feed Atom
French oil company TotalEnergies has approved a $444 million investment deal with Indian Adani Green Energy, advancing plans for a joint venture.
Chevron plans to invest 83 billion rupees ($989.2 million) in Bangalore, India, to build its largest oil and gas technology center outside the US.
In a meeting held on Wednesday in Iraq, officials from Iran and Iraq highlighted the need to expand educational and research collaborations between the two countries.
The caretaker of the Central Bank of Iran (CBI) Monetary and Banking Research Institute has said the country is targeting 9.5 percent inflation and 13.8 percent liquidity growth by the end of the seventh National Development Plan.
Iran exported 436 million tons of goods worth $136 million to Latin American countries in the first four months of the current Iranian calendar year, registering a 680-percent rise year on year.
The Economic Council approved a plan proposed by the National Iranian Oil Company (NIOC) to boost oil production in 34 oil fields.
The value of non-oil trade between Iran and Iraq stood at $3.772 billion during the first four months of the current Iranian calendar year, the head of the Islamic Republic of Iran Customs Administration announced.
Officials from Iran and Malaysia met in Tehran on Tuesday to discuss ways of enhancing bilateral ties in the fields of trade and economy.
The value of non-oil trade between Iran and the United Arab Emirates stood at $8.064 billion during the first four months of the current Iranian calendar year, the head of the Islamic Republic of Iran Customs Administration announced.
India's Oil and Natural Gas Corp (ONGC) beat first-quarter profit estimates on Monday, bolstered by strong domestic fuel demand and higher price realisation.
Iranian President Masoud Pezeshkian appointed Ali Tayebnia, the minister of economy and finance in President Rouhani's administration, as his senior advisor.
The head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has called for signing free and preferential trade agreements with Brazil to improve the trade relations between the two countries.
The Indian Government has allocated approximately Rs75bn ($895.74m) for seismic data acquisition and drilling of stratigraphic wells, reported the Economic Times.
Iran’s foreign trade value, including oil exports, has reached 51 billion dollars over the first four months of the current Iranian calendar year, since 21 March 2024.
Russia’s VTB Bank will participate in the 14th International Exhibition of Exchange, Bank and Insurance (Iran Finex 2024), according to the secretary of the policy-making council of the exhibition.
India and Saudi Arabia on Sunday discussed various opportunities for bilateral investments in diverse areas in the public and private sectors, including refining and petrochemical plants, new and renewable energy, and power.
Iran’s non-oil exports rose by $1.35 billion in the four months to July 21 compared to the same period last year, according to the latest figures released by Iran’s House of Industry, Mine and Trade.
Iranian Energy Minister Ali-Akbar Mehrabian has said that six major power plant units have come back on stream after going through overhaul to meet the rising demand for electricity in the coming weeks, IRNA reported.
Iran’s Trade Promotion Organization (TPO) has held a seminar on the trade opportunities of Iran and Turkmenistan as the Islamic Republic is going to hold specialized agrifood exhibition in Turkmenistan, the TPO portal reported.