MSC Celebrates Another Accolade in Innovation Festival IRAN NEWS ECONOMIC DESK TEHRAN – Mobarakeh Steel Company won another prestigious award to prove its capability in innovation and production. During the Third National Iranian Product Innovation Festival which was held at Sharif University, Mobarakeh Steel Company was awarded with golden statute and top award for its […]

A former envoy of Iran to the Organization of the Petroleum Exporting Countries (OPEC) called for efforts to diversify the oil export market and find new purchasers. Iran should not confine itself to selling crude to the eight nations that have been granted sanctions waivers by the US, Mohammad Ali Khatibi said. The former envoy to […]

119b Tomans Investment in Wastewater Facilities of Isfahan IRAN NEWS ECONOMIC DESK According to Iran News Economic group The CEO of Isfahan Province Water and Wastewater Company says that 19 projects in the wastewater sector worth 119b tomans have been operationalized due to the investments by the private sector. Eng. Hashem Amini pointed to the […]

BMI, the Crucial Arm of National Economic System IRAN NEWS ECONOMIC DESK According to Iran News Economic group Deputy Finance Minister on Banking, Insurance and State-Run Companies Affairs says Bank Melli Iran has been always an important arm for the national economic system, adding that all should work to stop overloading the burdens of the economy […]

Dey 13, Anniversary of National Steel Industry Authority IRAN NEWS ECONOMIC DESK According to Iran News Economic group Mobarakeh Steel Company celebrated its foundation anniversary and was hailed for its progress in establishing itself in the national steel industry. During a ceremony marking Dey 23 (January 13), the day Mobarakeh Steel Company was inaugurated, the […]

Khorasan Steel Co. Sets Record for Exports IRAN NEWS EXONOMIC DESK According to Iran News Economic group Khorasan Steel Complex has set a new record for exports in just ten months of the current Iranian calendar year and it is expected the figure to rise more in the upcoming two months. Manager of marketing and […]

An economic summit held Sunday in Beirut urged international donors and Arab funds to “alleviate the plight of refugees and displaced people through funding the implementation of developmental projects in Arab countries hosting them.” “This would support national development plans and contribute to limiting the economic and social repercussions resulting from this temporary hosting,” the […]

Fuji Oil has loaded Iranian crude oil, the first cargo being lifted by the Japanese refiner since the country won a 180-day waiver from the US to import oil from Iran, a report said. The resumption of oil imports comes after Tokyo was granted a waiver from US sanctions that went into effect in November, […]

Head of Central Insurance of Iran (CII) Gholamreza Soleymani said that foreign companies have expressed their readiness to do reinsurance operations in Iran’s insurance industry. He made the above remark at 5th Insurance and Risk Management Conference this morning Jan. 20 and said, “relationship of insurance companies with the risk management is of the important […]

Gas produced in platform 13B of Iran’s South Par gas field was injected to the offshore refinery of phase 13 of the gas field development, Payam Motamed, the operator of this phase, announced. He said the gas received from this platform was injected to the fourth train of sweetening refinery of phase 13 on Thursday, […]