Friday, 22 January , 2021
Masoud Karbasian Archives - iran news daily iran news now
Stock market offers $1.9b for funding oil projects in 8 months 16 Oct 2019

Stock market offers $1.9b for funding oil projects in 8 months

TEHRAN (Iran News) – Managing Director of the National Iranian Oil Company (NIOC) Masoud Karbasian said NIOC has managed to attract 80 trillion rials (about $1.9 billion) of funding for oil projects through the stock market during the past eight months. “We need financial resources to carry out oil projects and to finance such projects […]

NIOC to issue fixed-rate bonds to finance oil projects 29 Jan 2019

NIOC to issue fixed-rate bonds to finance oil projects

The CEO of the National Iranian Oil Company (NIOC) said the company would start issuing Rls. 10 billion of fixed-rate (Manfa’at) bonds on February 2 with the aim of financing oil projects. According to Shana, the bonds are being issued for providing the required finances for developing NIOC’s oil production maintenance and enhancement projects and would […]

Iran parliament votes out economy min. 18 days after sacking labor min. 26 Aug 2018

Iran parliament votes out economy min. 18 days after sacking labor min.

 Iranian parliament sacked Iranian Minister of Economic Affairs and Finance (MEAF) Masoud Karbasian in an impeachment session on Sunday more than two weak after sacking Ali Rabiei. In a very recent change in top economic posts in Iran, Iranian lawmakers voted that Karbasian be impeached and removed from office, The hearing session started in the […]

Iran, China to use national currencies in trade exchanges 11 Jun 2018

Iran, China to use national currencies in trade exchanges

Iranian Minister of Economic Affairs and Finance (MEAF) Masoud Karbasian said, “under a Memorandum of Understanding (MoU) inked between Iran and China, the two countries will use their local currencies in trade exchanges.” Speaking on the sidelines of President Rouhani’s visit to China, he said, “concurrently, a number of four Memoranda of Understanding (MoUs) were […]