Press TV

‘Iran next to join emerging power SCO’

Iran is next to join the Shanghai Cooperation Organization (SCO) which will officially have India and Pakistan on its roster next week, Kazakh President Nursultan Nazarbayev has said.

Macro Economy

Shell starts to buy oil from Iran

Traders say Royal Dutch Shell has resumed purchases of Iranian crude.

Energy

Iran bank joins euro payment system

Iran says one of its London-based banks has joined the euro payment system.

Financial Markets

Iran firms set for USD2.4bn ship deals

Iran has placed orders worth around USD2.4 billion with South Korean shipyards for the construction of ships to carry Iran’s oil and petrochemical products.

Transportation

Jump in foreign investments in Iran’s OTC

Iran’s over-the-counter (OTC) market, known also as Fara Bourse, has attracted two trillion rials (about USD57.7 million) in foreign investment so far in the current Iranian calendar year (started March 20).

Financial Markets

Turkish firm to build several natural gas power plants in Iran

Turkey’s Unit International has sealed a multi-billion dollar deal with Iran for the construction of several natural gas power plants in the country.

Energy

Iran, Austria must counter financing for terrorism

Iranian Minister of Finance and Economic Affairs Ali Tayyeb-Nia says Iran and Austria need to work on stopping the flow of financial aid to terrorists.

Financial Markets

Major drop in Russian exports to Iran

Indications are growing that Russia’s trade with Iran have been on a decline over the past few months.

Trade

Iran pens USD1.2bn deals with Finns, Poles

Iran has struck a number of economic agreements worth some 1.2 billion dollars during an Iranian delegation’s trip to Poland and Finland, says Iran Chamber of Commerce president.

Trade

Iran, Poland sign economic agreements

Iran and Poland on Monday signed three basic agreements to promote economic relations.

Trade