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Oil companies invited to tender for Iran's major oil projects
Azadegan fieldSunday May 28, 2017 2:41PM ET
The National Iranian Oil Company (NIOC) announced Sunday that it will hold an international tender for the development of major oil field in southwest of the country, Press TV reported.
Small nations in Pacific to benefit from World Bank assistance
MooreaSunday May 28, 2017 9:32AM ET
Small and fragile states will benefit more from the assistance from World Bank after its decision to increase funding in the Pacific region.
Egypt and Iran top destinations for FDI in MENA
Iran FDISunday May 28, 2017 6:53AM ET
Having attracted some $12.2 billion worth of foreign direct investment, Iran was the second biggest FDI destination in the Middle East and North Africa region in 2016.
Chinese investment in U.S. may slow this year
Chinese New YorkSunday May 28, 2017 6:35AM ET
Foreign direct investment flow between the world's two largest economies may be lower in 2017 than last year as a result of an expected slowdown in Chinese flows to the United States, according to a report.
64% rise in German machinery export to Iran
German machinerySaturday May 27, 2017 8:43AM ET
Executive Director of German Deutscher Werkbund (German Association of Craftsmen DWB) Wilfried Schafer said on Tuesday that export of German Machinery to Iran rose by 64 percent in value to 33 million euros.
Two Italy's banks plead for help from rescue fund
Veneto BancaSaturday May 27, 2017 7:57AM ET
Banca Popolare di Vicenza and Veneto Banca have asked an investment fund backed by Italy's healthier banks to come to their rescue by helping to cover a capital shortfall, as demanded by the European Union.
GCC industrial investments reach $394 billion
Emirates workerSaturday May 27, 2017 7:05AM ET
The number of industrial facilities in the six countries of the Gulf Cooperation Council (GCC) reached 17,000 and the amount of investments in the sector stands at $394 billion, with an average annual growth of 5% in the last five years.
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