A member of the Iranian parliament’s presiding board underlined the necessity of supporting petrochemical industries in order to curb sale of crude oil and gas.
Read More »Iran’s Export of DRI Up 86% in 11 Months
Islamic Republic of Iran exported 942,000 tons of Direct Reduced Iron (DRI) in 11 months of the last Iranian calendar year.
Read More »Iran, Qatar Agree on Energy, Investment Cooperation
Iran’s Energy Minister Reza Ardakanian and Qatar’s Minister of Commerce and Industry Ali bin Ahmed Al Kuwari agreed on cooperation in energy and investment spheres between the two countries during a video conference. As the next meeting of Iran-Qatar Joint Economic Committee, which was scheduled to be held in Iran’s …
Read More »Iran to Receive $50 Billion Loan from World Bank to Fight COVID-19
The World Bank (WB) will provide Iran with a $50- billion loan to support the country in fighting coronavirus. “For the first time since 2005, we will receive a loan worth 50 billion dollars from the World Bank. Preliminary measures have been taken by related bodies such as the Central …
Read More »Iran, Qatar Agree to Boost Energy Cooperation
Iran and Qatar have agreed to increase mutual energy cooperation despite a current pandemic that has severely affected economies in the Middle East region.
Read More »Iran Gov’t Selling Shares of Huge State Companies at Stock Market
Iran’s president has tasked the ministry of economic affairs to facilitate the selling of the shares of major state companies at the stock market as soon as possible. President Hassan Rouhani said the process of selling the shares of large state companies in the stock market must continue and possible …
Read More »President Rouhani Calls for Plans to Minimize Crude Sales
President Hassan Rouhani in a phone call with Oil Minister Bijan Zanganeh called for advancing the plans and policies for boosting petroleum products in a bid to decrease the crude oil sales.
Read More »President Rouhani Calls for Plans to Minimize Crude Sales
President Hassan Rouhani in a phone call with Oil Minister Bijan Zanganeh called for advancing the plans and policies for boosting petroleum products in a bid to decrease the crude oil sales. Rouhani pointed to the government’s progress in economic programs during the past year without relying on oil revenues, …
Read More »Qatar Starts Expansion Drilling at World’s Largest Gas Field
Qatar Petroleum has started the development drilling campaign of the North Field East Project to expand the production capacity of the world’s biggest natural gas deposit that the tiny nation shares with Iran in the Persian Gulf. Qatar shares the North Field with Iran, which calls the deposit the South …
Read More »Knowledge-Bcompanies Pushing for Surge in Production
Iran has developed plans to support and empower knowledge-based companies as a step forward to materialize the goal of a surge in production, as the economy is grappling with the coronavirus predicament.
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