October 9, 2018

Iran to host Next Station 2019

TEHRAN- Islamic Republic of Iran Railways (known as RAI), as the first Asian railway company, will host the 7th edition of the International Union of Railways (UIC), the Next Station 2019 conference, RAI Deputy Manager Maziyar Yazdani announced on Tue...
October 9, 2018

2018 Silk Road Startup’s Road Trip Kicks off on October 13

2018 Silk Road Startup’s Road Trip will be kicked off on Saturday, October 13th. A team of Iranian and international entrepreneurs and investors will take a 10-day tour to 5 cities of Iran in search of the best startups around the country.

The post 2018 Silk Road Startup’s Road Trip Kicks off on October 13 appeared first on TechRasa.

October 9, 2018

Wildfires Ravage Marshlands on Iran-Iraq Border

By Shaghayegh Rostampour for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. A mother covers her daughter’s mouth and nose with her headscarf as they rush through the heavy smog that blankets a crowded street. She stops to cough, but then […]
October 9, 2018

Saffron output to reach 400 tons by March 2019

TEHRAN- Iran’ Ministry of Agriculture has announced that the saffron output in the country will reach 400 tons by the end of current Iranian calendar year (March 20, 2019), IRIB reported on Monday.
October 8, 2018

Cooperation on oil, gas wells digging discussed between Iran, Oman

TEHRAN- Iran and Oman explored the ways to cooperate on the digging operation of oil and gas wells, Shana reported on Monday.
October 8, 2018

Rail transportation services exempted from VAT

TEHRAN- Saeed Rasouli, the deputy head of Islamic Republic of Iran Railways (known as RAI), announced that the rail transportation sector has been exempted from paying a nine-percent-Value Added Tax (VAT), IRIB reported on Monday.
October 8, 2018

TCCIMA to host Syrian trade delegation on Oct. 20

TEHRAN- A Syrian trade delegation will visit a number of Iranian traders and businessmen at the place of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) on October 20, TCCIMA portal reported.
October 8, 2018

Progress of South Pars phases 22-24 at 91%

TEHRAN- Iran’s South Pars gas field’s phases 22, 23, 24 of development have 91 percent progress at the moment, according to the operator of these phases.
October 8, 2018

Indian companies to ship in Iranian oil in November

TEHRAN – India’s Oil Minister Dharmendra Pradhan said on Monday that two Indian companies have placed orders to buy Iranian oil in November, Reuters reported.
October 8, 2018

Iran “ready to establish Joint Bank with Iraq”

By John Lee. Iran’s private banks have reportedly laid the groundwork for setting up a joint bank with their counterparts in Iraq. Yahya Al-e Es’haq [Yahya Ale-Ishaq] (pictured), head of Iran-Iraq Chamber of Commerce, is quoted as saying that the bank would operate under the regulations of central banks of the two countries to facilitate […]
October 7, 2018

Speculations on appointment of 3 ministers

TEHRAN- “Mohammad Shariatmadari, Reza Rahmani, and Farhad Dejpasand are the government’s candidate ministers for the ministries of labor, industry and economy respectively, Fars news agency quoted, the ex-head of Iran Chamber of Commerce, Industries, M...
October 7, 2018

TSE plunges 7,665 points unprecedentedly

TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) fell back 7,665 points to 176,419 units on Sunday, IRNA reported.
October 7, 2018

16% more job opportunities by cooperative sector

TEHRAN- According to the Fars news agency report, during the first half of the present Iranian calendar year (March 21-September 22, 2018), the number of registered cooperatives has increased by four percent, creating 16 percent growth in created job o...
October 7, 2018

Iran’s H1 petchem exports up nearly 24% yr/yr

TEHRAN- Iran exported 15.451 million tons of petrochemical products worth more than $7.432 billion during the first half of the current Iranian calendar year (March 21-September 22), up 23.98 percent in terms of value, IRNA reported citing Islamic Repu...
October 7, 2018

Oman to go ahead with Iran gas pipeline project despite U.S. sanctions

TEHRAN - Muscat plans to move ahead with the natural gas pipeline project in Iran, hopeful that U.S. sanctions on Iran will strictly target oil.
October 7, 2018

Iran is over 95% self-sufficient in water, wastewater industry: ABFA

TEHRAN – Over 95 percent of necessary equipment and parts in Iran’s water and wastewater industry are being produced inside the country, head of Iran’s Water & Wastewater Engineering Company known as ABFA said.
October 7, 2018

Road maintenance costs at $21.4b per annum

TEHRAN- A deputy director from Iran’s Road Maintenance and Transportation Organization (RMTO) announced in a ceremony on Saturday that maintenance of domestic roads costs 900 trillion rials (about $21.4 billion) per year, IRNA reported.
October 6, 2018

India defies U.S., buying Iranian oil despite sanctions

TEHRAN – India is going to continue buying Iranian oil in November despite the U.S. sanctions, Reuters reported citing sources close to the Indian oil industry.
October 6, 2018

Gas and de-dollarization: U.S. sanctions drew Russia, Iran together

The Trump administration's sanctions policy has brought Russia and Iran closer together in the field of energy cooperation, Iranian Deputy Minister of Oil Hamid-Reza Araghi told Sputnik. Given the growing demand for environmentally friendly fuel, Russi...
October 6, 2018

TSE’s worth of trades at $17.2b since March

TEHRAN- Some 250.975 billion shares worth 723.329 trillion rials (about $17.222 billion) have been traded in Tehran Stock Exchange (TSE) since the beginning of current Iranian calendar year (March 21), IRIB reported on Saturday.