Iran is to supply Basra in Iraq with up to 35 million cubic metres a day (cmd) of gas under a six-year deal signed last week. It calls for the daily volume to start at 7 million cubic metres and to…
Day: November 15, 2015
Iran has $29bn mining plan
Iran has plans to invest $29bn in its mining industry, about half of it coming from foreign investors, deputy industry, mine and trade minister Mehdi Karabasian has said. Karbasian is also President of the Iranian Mines & Mining Industries Development…
Putin to visit Tehran next week
Russia’s President Putin plans to visit Tehran to attend the Gas Exporting Countries Forum in the Iranian capital next week, a senior Russian government official has said. “We are preparing to take part in the third Gas Exporting Countries Forum…
Iran aims to cut inflation to under 10 per cent
Inflation fell to 10.8 per cent in the year ending October 2015 and the government aims to reduce it to single figures, President Rouhani’s senior economic adviser Masoud Nili said on 15 November. ‘There are worries that, parallel with the…
Showbiz show planned during Dubai film festival
The Dubai Film Market (DFM) and International Showbiz Expo (ISBE) 2015 are coming together to create the world’s first 360 degree entertainment industry event for the second consecutive year. It aims to promote the industry in fast-growing markets including the…