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  Economy - 3 News

Iran to Invest in Muslim, African States' Agriculture Sector
TEHRAN (FNA)- Direct investments in Muslim and African states' agricultural sector is a top agenda of the Islamic Republic of Iran, an Iranian official announced on Sunday. ( 16:16:27 - 2009/08/30)

Iran to Connect High Pressure Gas Pipeline Network to Regional States

TEHRAN (FNA)- Managing Director of Iran's Oil Transportation Company Reza Almasi said the country is likely to connect its nationwide high pressure gas pipeline network to Iraq, Pakistan and Kuwait. ( 12:51:32 - 2009/08/30)

Iran Increases Fuel Storage Capacity
TEHRAN (FNA)- Iran is slated to increase its fuel storage capacity by 15% to reach 10.9 billion liters, the managing director of National Iranian Oil Products Distribution Company (NIOPDC) announced. ( 18:09:52 - 2009/08/28)

Iran, Turkey Eye Joint Industrial Township
TEHRAN (FNA)- Iran offered Turkey to join forces to establish an industrial township on the two countries' common border and increase economic cooperation. ( 17:51:10 - 2009/08/28)

In Iran, 16 Petrochemical Projects Completed
TEHRAN (FNA)- Iranian officials announced that over the past 4 years, 16 petrochemical projects have been completed in special economic zones in the country. ( 17:17:37 - 2009/08/28)

Bank Melli Iran, Largest Islamic Bank
TEHRAN (FNA)- Iranian banks account for about 40 percent of total assets of the world's top 100 Islamic banks, with Bank Melli Iran (BMI) showing as the largest in the list, the results of a research showed. ( 16:08:52 - 2009/08/28)

Iran Rejects Russian Official's Remarks on Tupolev Crashes
TEHRAN (FNA)- An Iranian aviation official on Wednesday dismissed the remarks by a Russian official about the cause of the crash of a Tupolev passenger plane near Tehran in July 2009 and similar incidents in the past, calling them "non-expert statements". ( 16:26:09 - 2009/08/26)

Iran Reports Hike in Crude Production Capacity
TEHRAN (FNA)- Iran reported an increase in its crude oil production to 4.3 million barrels per day during the last Iranian year (March 2008-March 2009). ( 15:38:37 - 2009/08/26)

Iran to Increase Number of Private Banks
TEHRAN (FNA)- The number of Iran's private banks will reach 9 after 3 new private banks received a positive view from the Council of Money and Credit. ( 14:11:18 - 2009/08/26)

Iran Predicts Jump in 2010 Oil Demand
TEHRAN (FNA)- Iran's OPEC governor predicted oil demand will increase next year by one million barrels per day due to signs of recovery in the global economy. ( 13:00:32 - 2009/08/26)

Iran, UAE to Hold Economic Commission Meeting mid November
TEHRAN (FNA)- Iran's Foreign Minister Manouchehr Mottaki and his UAE counterpart Sheikh Abdullah Bin Zayed Al Nahyan agreed to hold the first meeting of joint economic commission in mid November. ( 12:28:27 - 2009/08/26)

Iran Discovers 8.8 bln Barrels of Oil in Sousangerd Field
TEHRAN (FNA)- Iranian Oil Minister Gholam Hossein Nozari on Monday announced discovery of 8.8 billion barrels of crude oil during2 recent drillings in the Sousangerd field in southwestern Iran. ( 17:24:18 - 2009/08/24)

Iran, Ukraine Sign Deal on Transferring Chopper Technology
TEHRAN (FNA)- Iran has signed an agreement with a Ukrainian company to transfer technology for helicopter manufacturing to the Islamic Republic, an Iranian Air Industries official announced on Monday. ( 15:09:56 - 2009/08/24)

ECO Urged to Invest in Iran-Afghanistan Railway Project
TEHRAN (FNA)- Iranian Minister of Road and Transportation Hamid Behbahani called on the Economic Cooperation Organization (ECO) to provide Afghanistan with 3 billion Euros in credit to accomplish a railway project linking the country to Iran. ( 18:37:58 - 2009/08/23)

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