Tuesday 26 July 2016
 
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South Korea

S Korean investors eye opportunities in Iran

Iran has revealed that South Korean investors plan to invest in the country’s oil terminals, solar power plants, synthetic cycle power plants and port facilities in the Hormuzgan Province. Investors will extend $96 million t

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S.Korea to deploy missile defence amid North threat

South Korea and the United States said on Friday they will deploy an advanced missile defense system with U.S. military forces stationed in South Korea to counter North Korea's missile threat, drawing sharp and swift protest from neighboring

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Iran condensate exports set to fall to 5-month low

Iran's condensate exports in July are expected to fall to the lowest in five months as major buyer South Korea scales back purchases of the ultra-light oil, trade sources said.   Robust demand for condensate,

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Japan, S Korea in talks with Iran for petchem projects

Iran's Petrochemical Commercial Company International (PCCI) is holding discussions with investors from Japan and South Korea for investing €520 million ($591.01 million) in petrochemical projects in the country, said a report.

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Japan, S Korea in talks with Iran for petchem projects

Iran's Petrochemical Commercial Company International (PCCI) is holding discussions with investors from Japan and South Korea for investing €520 million ($591.01 million) in petrochemical projects in the country, said a report.

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Iran firms eye $2.4bn ships deal with South Korea

Islamic Republic of Iran Shipping Lines (IRISL), a major shipping company, and oil producer Iranian Offshore Oil Co (IOOC) have reached preliminary deals with South Korean shipyards for orders worth around $2.4 billion, a report said.

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UAE, South Korea sign MoUs to enhance ties

A total of three memoranda of understanding (MoU) were signed by the UAE and South Korea for cooperation in different sectors at the 5th UAE-Korea Economic Joint Committee which concluded yesterday (May 30) in Abu Dhabi, UAE. The

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S Korea's Hotel Lotte plans $4.9bn IPO

South Korea's Hotel Lotte plans a share sale worth up to 5.7 trillion won ($4.85 billion) next month, sources said on Wednesday, in what would be the world's biggest initial public offering since late 2015. The sprawling L

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S Korea in deal to build $4bn smart city in Kuwait

The governments of South Korea and Kuwait will jointly build a new city - The South Saad Al Abdullah New City -  40 km west of the centre of Kuwait at an estimated cost of $4 billon, said a report. The city, which will be spr

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Iran, South Korea to triple trade volume to $18bn

Iran and South Korea are planning to triple their annual trade volume to $18 billion, Iran’s President Hassan Rouhani announced recently following the meeting with his South Korean counterpart Park Geun-Hye. The two sides de

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