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  Economy - 1 News


Iran-Khodro to Boost Global Sales
TEHRAN (FNA)- Iran's largest auto-manufacturing company, Iran-Khodro, announced that it plans to boost exports this year as part of its broader plans for hiking global sales. ( 17:22:34 - 2010/01/25)



Iran, Turkey to Hold Joint Economic Commission Next Week
TEHRAN (FNA)- The Iranian mission in Turkey announced on Monday that the two countries are scheduled to hold the 21st meeting of their joint commission on economic cooperation in the Turkish capital city of Ankara next week. ( 17:03:36 - 2010/01/25)



Economy Minister Urges More Foreign Investment in Iran
TEHRAN (FNA)- Iranian Economy Minister Seyed Shamseddin Hosseini reiterated that the country welcomes investment by foreign states in its infrastructures. ( 15:44:56 - 2010/01/25)



Minister: Expansion of Cooperation with Iran Top Priority for Tajikistan
TEHRAN (FNA)- Tajik Minister of Energy and Industry Sherali Gul on Saturday underlined that his country attaches much significance to relations with Tehran, stressing that expansion of cooperation with Iran, specially in economic fields, sets a priority for Dushanbe. ( 17:04:00 - 2010/01/23)



Russian Banking Delegation to Visit Iran Monday
TEHRAN (FNA)- A Russian banking delegation, headed by the deputy governor of the country's Central Bank, is due to visit Tehran on Monday, the Iranian envoy to Moscow announced on Saturday. ( 14:01:50 - 2010/01/23)



India to Develop Iran's South Pars Gas Field
TEHRAN (FNA)- Iran agreed to grant a 40-percent share of phase 12 of its South Pars gas field to Indian companies in return for the development of the giant gas field which has reserves of about 14 trillion cubic meters of gas - or about eight percent of the world's reserves. ( 12:12:22 - 2010/01/23)



Khorassan Steel Company's Iron Production Unit Inaugurated
TEHRAN (FNA)- Iranian President Mahmoud Ahmadinejad on Friday officially opened Khorassan Steel Company's 550,000-ton sponge iron producing unit. ( 17:24:28 - 2010/01/22)



Iran Initiates New Measure to Fight Money-Laundering
TEHRAN (FNA)- The Central Bank of Iran (CBI) announced that the country's account holders are not allowed to take out more than $15,000 in cash from banks per day. ( 15:04:16 - 2010/01/22)



Tehran, Islamabad Finalize Gas Pipeline Deal
TEHRAN (FNA)- Iran and Pakistan finalized an agreement to build a gas pipeline which is due to take Iran's rich gas reserves to the energy hungry nation, a Pakistani official announced. ( 16:34:05 - 2010/01/21)



Iran to Increase Gas Imports from Azerbaijan
TEHRAN (FNA)- Iran announced that it plans to raise the amount of imported gas from Azerbaijan after finalization of its talks with the officials of the Central Asian country. ( 16:24:04 - 2010/01/21)



Ahmadinejad: Iran Determined to Slash off 3 Zeroes from Currency
TEHRAN (FNA)- Iranian President Mahmoud Ahmadinejad announced that a plan to lop three zeros off Iran's national currency, rial, has been finalized. ( 15:25:22 - 2010/01/21)



Iran's Export Guarantee Fund Ranks First among Regional Counterparts
TEHRAN (FNA)- Export Guarantee Fund of Iran (EGFI) ranked first among its regional counterparts in terms of covering national non-oil exports this year, Managing Director of EGFI Seyed Kamal Seyed-Ali announced. ( 15:19:54 - 2010/01/20)



Iran's Export Guarantee Fund Eyes Berne Union Membership
TEHRAN (FNA)- Managing Director of the Export Guarantee Fund of Iran (EGFI) Seyed Kamal Seyed-Ali announced that the fund has applied for membership in the International Union of Credit and Investment Insurers (Berne Union). ( 19:12:44 - 2010/01/19)



Azerbaijan Carries out Test-Run of Gas Pipeline to Iran
TEHRAN (FNA)- Azerbaijan's government piloted gas supplies to Iran after preliminary works and virtual operation of the pipeline proved satisfactory last week. ( 19:12:04 - 2010/01/19)



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