Iran seeks Japan, S. Korea's investment in petrochemical projects
petrochemical projects
Tahran - Xinhua
A major Iranian petrochemical company is in talks with some Japanese and Korean investors for financing Iran's petrochemical projects, Iran's Petro-Energy Information Network (SHANA) reported on Sunday.
The negotiations between Iran's Petrochemical Commercial Company International (PCCI) and some Japanese and Korean investors are aimed to attract an investment of 520 million euros (586 million U.S. dollars) in petrochemical projects in Iran in the form of Usance Letter of Credit, Managing Director of PCCI Isa Mashayekhi told SHANA.
Usance Letter of Credit permits the beneficiary to be paid immediately upon presentation of specified documents or at a future date as established in the sales contract.
Mashayekhi said that his company has initiated talks with the Japanese and Korean investors and Iran's Ministry of Economy and Finance should provide state guarantees to access credit lines from other countries.
PCCI, a subsidiary of Persian Gulf Petrochemical Industries Company (PGPIC), is in charge of holding talks with international companies for financing petrochemical projects and attracting investments for PGPIC projects.
source : xinhua
GMT 09:54 2018 Tuesday ,23 January
Davos-bound bosses very upbeat on world economyGMT 09:37 2018 Tuesday ,23 January
Former KPMG executives charged in accounting oversight scamGMT 22:49 2018 Sunday ,21 January
Brexit special trade agreement possibleGMT 22:46 2018 Saturday ,20 January
China economy rebounds in 2017 with 6.9% growthGMT 22:37 2018 Saturday ,20 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 19:58 2018 Saturday ,20 January
Watchmakers hope to make Chinese market tickGMT 19:54 2018 Saturday ,20 January
US shutdown unlikely to harm debt rating: FitchGMT 19:50 2018 Saturday ,20 January
EU's Moscovici slams Ireland, Netherlands as tax 'black holes'
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 10:16 2016 Wednesday ,23 March
cartoon five
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 04:52 2017 Sunday ,18 June
Joyalukkas presents ¼kg goldGMT 17:03 2011 Friday ,29 July
Selena Gomez, New tween queen
GMT 16:14 2017 Tuesday ,10 January
2 killed in snow-pressured tent collapse in Istanbul
GMT 08:24 2017 Monday ,20 November
Abeer was confident of "The Flood" popularity
GMT 08:29 2017 Monday ,06 November
Abbas Al Nawawi denies refusal of “Bab Al-Hara”
GMT 05:17 2016 Tuesday ,29 November
Rare manuscripts found in Doha-bound consignment
GMT 14:58 2017 Saturday ,21 January
Elijah Wood: the blockbuster star with an indie heart
GMT 14:06 2017 Thursday ,05 January
Gold hits near 4-week high as dollar retreats
GMT 16:24 2016 Wednesday ,06 April
Court issues ruling May 4 in retrying Nazif over illicit gain
GMT 10:33 2016 Wednesday ,23 November
New NHL Las Vegas team unveils Golden Knights nickname
GMT 08:06 2016 Monday ,07 November
FNC elects 2 observers and standing committees
GMT 02:49 2017 Wednesday ,11 January
Al Hashem sole woman victor in Kuwait polls
GMT 09:52 2016 Monday ,11 April
FNC to participate in the plenary session of Arab Parliament's fourth meeting
GMT 05:13 2017 Thursday ,21 September
IOF storm houses, arrest Palestinians in West Bank
GMT 18:41 2017 Thursday ,04 May
EU sets Britain tough divorce terms, slams budget veto
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor