The Aramco IPO will undoubtedly raise an enormous amount of capital. and prospects look good for the immediate future.
Read More »Iran`s FOREX Reserves Increase Last Year
Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said that foreign exchange reserves of the country increased in the past year (ended March 20. 2019).
Read More »Iranian Industries Receive $10 Billion Subsidy for Energy
Three main sectors of industry in Iran — manufacturing. mining and petrochemical — were given nearly $10 billion discount in their energy consumption in the last local calendar year. according to a newly released report by the Parliament.
Read More »Oil Moves Higher as Market Eyes Trade Talks Later This Week
Oil gained after its biggest weekly slump since July ahead of the resumption of U.S.-China trade talks that may sway a cloudy demand outlook.
Read More »Iran. Iraq Poised for $20 Billion Annual Trade by 2021
Iranian Industry Minister said that his country and Iraq have the potential to increase the volume of their bilateral trade to $20 billion by 2021. adding that Tehran and Baghdad are determined to meet the objective.
Read More »NIOC to Offer 2mb of Light Crude at IRENEX on Oct. 8
The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of light crude oil on the international floor of the Iran Energy Exchange (IRENEX) on October 8 at $61.1 per barrel.
Read More »Azerbaijan. Russia. Iran Set to Launch Energy Corridor
Azerbaijani Economy Minister Shahin Mustafayev said on Saturday that Baku. Moscow and Tehran are preparing to create a North-South energy corridor.
Read More »Iran. Turkey to Enhance Trade Ties
The cooperation between the customs of Iran and Turkey must be much closer and stronger than the current situation.
Read More »Aquila European Renewables Income Fund to Buy 34.5MW Finnish Wind Farm
The 11-turbine facility qualifies for the Finnish feed-in tariff support scheme.
Read More »Khatam-Al Anbiya Construction Headquarters to Construct 1st Petro-Refinery in Iran
Khatam-al Anbiya Construction Headquarters will construct the first petro-refinery in Kermanshah province.
Read More »