Algerian president calls Tehran-Algiers ties important

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TEHRAN, Feb.10 (MNA)--Iranian Foreign Minister Ali Akbar Salehi held talks with Algerian President Abdelaziz Bouteflika and Algerian Prime Minister Ahmed Ouyahia on Tuesday in Algiers, exchanging v

Iranian banks service charge to decrease

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TEHRAN, Feb.10(MNA) – Iran planned to reduce bank service charges, Iranian Central Bank governor Mahmoud Bahmani said here on Wednesday.

$150b will be invested in oil and gas industry

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TEHRAN, Feb.10 (MNA)— Iranian Oil Minister Masoud Mirkazemi said that the ministry will invest $150 billion in the oil and gas industry during the Fifth Five Year Development Plan (2010-2015).

Iran to open electricity bourse next year

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TEHRAN, Feb.10(MNA) – Iranian deputy energy minister said that the foundation for an electricity bourse has been laid and hopefully it will come on stream by next year.

Iran attains self-sufficiency in electricity industry

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TEHRAN, Feb.10(MNA) — The Iranian minister of energy said Iran has reached self-sufficiency in the electricity industry and is currently constructing huge water and power projects in many countries

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