Business

  • NIGC madaresharghi

    NIGC plans 200 mcm/d gas export by 2021

    National Iranian Gas Company (NIGC) is planning to increase natural gas exports to 200 million cubic meters per day from the current 60 mcm/d by 2021, said the company’s managing director. Hamidreza Araqi further said…

  • Chabahar madaresharghi

    Senior Iran official urges regional states to end rivalries

    The head of Iran’s Strategic Council on Foreign Relations says despite the opportunities in the Indian Ocean Rim, unfortunately the rivalries between some countries have had negative impacts on the region’s development. Kamal Kharazi during…

  • AkzoNobel madaresharghi

    AkzoNobel to sell chemicals arm for $12.6 bln

    Dutch chemical giant AkzoNobel announced Tuesday it was selling its chemicals arm to U.S.-based investors Carlyle Group and Singapore’s GIC for 10.1 billion euros ($12.6 billion), as part of its strategy to bolster the company.…

  • OECD Upgrades Iran’s Risk Rating to 5

    The Organisation for Economic Cooperation and Development (OECD) has upgraded Iran’s rating in the country risk classifications of the Participants to the Arrangement on Officially Supported Export Credits (CRE), moving it up one notch from…

  • Parliament madaresharghi

    Parliament sets foreign investment ceiling at $30b

    The Iranian Parliament approved on Saturday a ceiling of $30 billion for foreign investments in projects in the next fiscal year that will start on March 21. The measure was ratified with 160 votes in…