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Malaysia to invest in Iran

Malaysian companies will invest in Iran in the near future, said the managing director of the Iranian Privatization Organization (IPO) on Wednesday.... mehr


Studies on 40 Oil Blocks Complete

Director of National Iranian Oil Company (NIOC) for exploration affairs Tuesday announced that the studies on 40 new sites were finalized and the... mehr


Statoil and Norsk Hydro to Merge Offices

The offices of Norwegian companies Statoil and Norsk Hydro in Iran will be merged on October 1.Following the merger between Statoil and Norsk Hydro... mehr


Iran Khodro to Manufacture Bi-Fuel Cars

Cars produced by the country’s leading auto-manufacturer Iran Khodro Company will be equipped with the dual-fuel system as of July 23 in line with... mehr


Iran to allot €10b to industry and mine sectors

Minister of Industries and Mines Alireza Tahmasbi announced on Sunday that 10 billion dollars from Central Bank of Iran’s resources is earmarked to... mehr


Welfare Plans to Replace Subsidies

The government has adopted a number of measures for the year to March 2008 to make subsidies target-oriented with the aim of reducing poverty,... mehr


Capital Formation Highest in Region

The index of capital formation (the ratio of investments to production) in Iran stands at 33 percent which is the highest among the regional... mehr

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