September 16, 2018

Medical herbs to fetch Iran $1.5b annually: official

TEHRAN – Iran is expected to export $1.5 billion worth of medical herbs each year by March 2021, ISNA reported quoting an official with the Ministry of Agriculture.
September 16, 2018

Exports of steel products up 5%

TEHRAN- Iran exported over 3.107 million tons of steel products during the five-month period from March 21 to July 21, an increase of five percent from the same time span last year.
September 16, 2018

Turkey proposes setting up joint bank with Iran

TEHRAN – Turkey has proposed establishing a joint bank with Iran for facilitating trade between the two countries, IRNA reported citing an article published in the Turkish newspaper “Dünya”.
September 16, 2018

Iran Fara Bourse hits record high

TEHRAN – IFX, the main index of Iran’s over-the-counter (OTC) market, known also as Iran Fara Bourse (IFB), hit a record high of 1,771 points on Friday, gaining 62 percent since the beginning of the current Iranian calendar year (March 21), IRIB report...
September 15, 2018

$1b allocated for creating, preserving jobs

TEHRAN- The Iranian government has prepared a protective plan worth one billion dollars aiming to create jobs, support the domestic production and preserve the existing jobs.
September 15, 2018

5-month steel ingot output up 15% on year

TEHRAN- Iran’s nine major steel companies produced over 7.85 million tons of steel ingots during the first five months of the current Iranian calendar year (March 21-July 21), up 15 percent from last year’s same period.
September 15, 2018

Over $2.6b of mining projects operational by March 2019

TEHRAN – Some 110 trillion rials (nearly $2.6 billion) worth of mining projects are scheduled to be inaugurated by the end of the current Iranian calendar year (March 20, 2019).
September 15, 2018

U.S. cannot zero out Iranian oil export: OPEC governor

TEHRAN - Iran’s OPEC governor Hossein Kazempour Ardebili has said the country’s rival producers cannot make up for the shortfall resulted from a complete halt in Iranian oil exports, Reuters reported on Friday.
September 15, 2018

How Agile Are Iranian Startups?

Software development agility is said to be a collection of techniques and patterns that aim to develop software in rotational periods and interact between the software development team and the business sector for the development of a more functional software. But how Agile are Iranian startups?

The post How Agile Are Iranian Startups? appeared first on TechRasa.

September 15, 2018

€3.2b paid for importing basic goods

TEHRAN- The Central Bank of Iran (CBI) has paid €3.2 billion to import basic goods during the past month, according to the central bank governor.
September 15, 2018

Supertankers loaded with Iranian crude headed for China: data

TEHRAN - Two supertankers loaded with crude oil left Iran’s biggest export terminal for China on Wednesday, Bloomberg reported citing ship-tracking data.
September 15, 2018

Ex-governor of CBI appointed as presidential advisor

TEHRAN- Iranian President Hassan Rouhani appointed the ex-governor of the Central Bank of Iran (CBI), Valiollah Seif, as his special advisor for monetary and banking affairs.
September 15, 2018

U.S. may waive sanctions for Indian-built Iranian port linking to Afghanistan

The U.S. is reportedly considering granting a waiver to the Iranian port of Chabahar that would permit trade there despite the return of U.S. sanctions against trading with Iran.
September 14, 2018

Iran exports $2.169b of condensate in 5 months

TEHRAN- Iran exported 4.167 million tons of gas condensate worth $2.169 billion during the first five months of the current Iranian calendar year (April 21-May 21), the Iranian customs administration data showed.
September 14, 2018

OPEC puts Iran’s Aug. oil output at 3.584m bpd

TEHRAN- Iran produced 3.584 million barrels per day (bpd) of oil in August, a 150,000 bpd decrease from 3.734 million bpd in July, according to OPEC’s latest monthly report published on September 12 citing secondary sources.
September 13, 2018

Big jump of TEDPIX in a day

TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) jumped 6,483 points to end Wednesday trade at 155,061, Tasnim news agency reported.
September 13, 2018

Iran to store oil in fleet of supertankers

Iran is starting to store oil on its fleet of supertankers again as impending U.S. sanctions force the Persian Gulf country to revive a strategy it deployed under previous curbs.
September 13, 2018

Tehran hosting intl. farming, gardening exhibition

TEHRAN – Tehran is hosting the 2nd International Exhibition of Farming & Gardening, Machinery & Tools and Irrigation, Livestock & Poultry, Inputs and Systems & Related Services & Industries (Atmak-Ifarm 2018) which kicked off on Wednesday at Shahr-e-Af...
September 12, 2018

Tax revenues exceed $8.5b in 4 months

TEHRAN - The Iranian National Tax Administration (INTA) collected 360 trillion rials (about $8.57 billion) in tax during the first four months of the current Iranian year (March 21-July 22, 2018).
September 12, 2018

Petchem companies inject $4b to secondary forex market

TEHRAN- Since the beginning of the present Iranian calendar year (March 21, 2018), petrochemical companies have entered $4 billion of foreign currency to the country, general Secretory of Iran's Association of Petrochemical Industry Corporation (APIC) ...