Sunday 11 December 2016
 
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Iran

Marriott eyes lucrative Iranian hotel market

Hospitality giant Marriott International has joined a long list of global hotel groups looking to gain a foothold in Iran, said a report. The group has expressed its keenness to enter Iran, which it considers as a substantial mark

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Iran plans new-style tenders for oil projects

Iran plans to introduce its first new-style tender in January to develop oil and gas fields since the lifting of sanctions, managing director of the National Iranian Oil Company (NIOC) was quoted as saying in a report. Ali Kardor

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Iran plans new-style tenders for oil projects

Iran plans to introduce its first new-style tender in January to develop oil and gas fields since the lifting of sanctions, managing director of the National Iranian Oil Company (NIOC) was quoted as saying in a report. Ali Kardor

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Iran, Hyundai near $650m deal for ships

Islamic Republic of Iran Shipping Lines (IRISL) Group and South Korea's Hyundai Heavy Industries are in the final rounds of a $650-million deal to provide 10 ships to Iran, a report said. Under the contract, Hyundai will build

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Russia delivers S-300 air defence system: Iran

Russia has fully delivered all parts of S-300 air defence system to Iran and the two countries have agreed to develop logistical and technical cooperation, a senior Iranian government official said. The air defence system was fina

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India mulls $20bn investment in Iran port

India plans to invest $20 billion in Iran's Chabahar port and in the development of the major Farzad B offshore gas field project, according to a senior Indian official. Indian companies have been in talks with Tehran since 20

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Iran, Romania sign $700m power plant deal

Iran and Romania signed an agreement to build a 1,000-MW power plant near the Iraqi border with an investment of up to $700 million, of which 70 per cent will be sourced by the Romanians and the rest by Iran, a report said. The pl

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Iran, Romania sign $700m power plant deal

Iran and Romania signed an agreement to build a 1,000-MW power plant near the Iraqi border with an investment of up to $700 million, of which 70 per cent will be sourced by the Romanians and the rest by Iran, a report said. The pl

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Opec strikes 'deal on first production cut in 8 years'

The Organization of Petroleum Exporting Countries has reached a deal to cut production by 1.2 million barrels per day (bpd) - its first output cut since 2008 - to clear a record global crude glut, said a report, citing sources. Op

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Iran’s dairy products market to grow at 22pc

Iran’s dairy products market is projected to grow at a high compound annual growth rate (CAGR) of around 22 per cent, during 2016 to 2021, according to report by TechSci Research, a research based global management consulting firm.

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