August 26, 2018

Agriculture projects worth $450m to become operational

TEHRAN – Some 3,650 agriculture projects worth 19 trillion rials (nearly $450 million) are going to be inaugurated across the country during the Government Week (August 24-30), IRIB reported on Sunday, citing the portal of the Ministry of Agriculture.
August 26, 2018

Interview your Iranian Realtor before you start your search?

Smart consumers interview potential Iranian real estate agents before they decide which agent they want to hire. Just as you're sizing up the potential for a good fit, the real estate agent will likely be interviewing you, too. Be wary of agents who do...
August 26, 2018

TOP 5 TRAITS OF PERSIAN REALTORS

A good Iranian realtor is similar in nature to a conductor of a symphony, coordinating the different players to make a successful transaction a reality.
August 26, 2018

Iran resumes electricity exports to Iraq, Pakistan, Afghanistan

TEHRAN- Iran’s Energy Minister Reza Ardakanian announced on Saturday that after resolving domestic power outage problems, Iran has resumed exports of electricity to its neighbor countries Iraq, Pakistan and Afghanistan, IRNA reported.
August 26, 2018

Iran, Ghana institutes of standard ink co-op document

TEHRAN- Institute of Standards and Industrial Research of Iran (ISIRI) and Ghana Standard Authority (GSA) signed a roadmap document on standard cooperation in Tehran on Saturday, IRNA reported.
August 26, 2018

Tehran, Seoul discuss S.Korea’s presence in Iranian market

TEHRAN- South Korean trade officials studied Iranian market capacities and their participation in this market after withdrawal of the U.S. from Iran nuclear deal in a meeting with Iranian their Iranian counterparts in South Korea on Saturday, IRNA repo...
August 26, 2018

Top U.S. banks won’t commit to ending Iranian financial access

Two top American financial institutions would not commit to cutting Iranian access to international financial markets, a cornerstone of the Trump administration's new sanctions on Iran, adding fuel to concerns among U.S. officials about efforts by Euro...
August 26, 2018

UK Replaces US in Redesigning Arak Reactor

By John Lee. The head of the Atomic Energy Organization of Iran (AEOI) has said that the US has been replaced by the UK on the working group tasked with redesigning the Arak heavy water reactor in central Iran. Ali Akbar Salehi (pictured) told IRIB that the US withdrawal from the nuclear deal has not impacted […]
August 26, 2018

Iran’s Parliament to Impeach Economy Minister

Iranian Minister of Economic Affairs and Finance Massoud Karbasian will appear in the Parliament on Sunday, August 26, for an impeachment inquiry in the wake of skyrocketing prices in the country and devaluation of the local currency. Karbasian will go to the Parliament to answer the questions of a number of lawmakers complaining about his […]
August 25, 2018

Transport projects worth €656.5m to be inaugurated by Wednesday

TEHRAN – Iran’s Ministry of Transport and Urban Development plans to inaugurate 699 road and transport projects worth 28.7 trillion rials (over €591.5 million) and also €65 million during the Government Week (August 23-29).
August 25, 2018

Over 6,600 water, power projects to be launched, inaugurated

TEHRAN – Some 6,666 water and electricity projects are to be inaugurated or started in Iran during the Government Week (August 23-29), IRNA reported.
August 25, 2018

Defending Iran deal, Germany looks to bypass U.S. payment channels

Europe should look to bypass U.S. payment systems by creating its own financial channels, a European monetary fund and international bank transfer system like SWIFT, Germany's foreign minister has said.
August 25, 2018

Inflation rate at 9.7%: statistical center

TEHRAN- The Statistical Center of Iran announced that the inflation rate in the twelve-month period ended on the last day of the fifth Iranian calendar month of Mordad (August 22) stood at 9.7 percent, Tasnim news agency reported on Friday.
August 25, 2018

Iran’s renewable energy capacity to reach 1100MW by March 2019

TEHRAN- The capacity of generating electricity from renewable resources in Iran will reach 1100 megawatts (MW) by the end of the current Iranian calendar year (March 20, 2019), IRIB reported.
August 25, 2018

EU adopts Support Package for Iran

The Commission has adopted a first package of €18 million for projects in support of sustainable economic and social development in the Islamic Republic of Iran, including €8 million assistance to the private sector. Today’s projects are the first of a wider package of €50 million for Iran, aiming to support the country to address […]
August 24, 2018

Crude steel exports rise 16% in 4 months yr/yr

TEHRAN- Iran’s crude steel exports increased by 16 percent during the four-month period form March 21 to July 22, compared to the same period of time in the previous year, IRNA reported.
August 24, 2018

‘U.S. using SPR means Iranian oil cannot be replaced by others’

TEHRAN – Iran’s OPEC governor said a U.S. sale of crude stockpiles from the Strategic Petroleum Reserve (SPR) shows that other producers can’t raise output enough to replace Iranian crude, Bloomberg reported on Wednesday.
August 24, 2018

Japan to strengthen trade ties with Iran: Keidanren chairman

TEHRAN- Hiroaki Nakanishi, the chairman of Keidanren (Japan Business Federation), voiced his country’s readiness for boosting trade ties with Iran, IRNA reported on Thursday.
August 24, 2018

Nazanin Zaghari-Ratcliffe temporarily Freed from Jail

By John Lee. The British-Iranian woman sentenced to five years in jail in Iran for spying, which she denies, has been temporarily released from Evin Prison. Nazanin Zaghari-Ratcliffe was given a three-day furlough on Thursday morning, taking both her and her family by surprise. She is currently with her family in Damavand. (Sources: The Guardian, […]
August 24, 2018

Iran, Armenia to Produce Agricultural Machinery

Iran and Armenia have signed a memorandum of understanding (MoU) on joint production of agricultural machinery, Iran’s commercial attaché to Armenia Mohsen Rahimi said. Based on the terms of the agreement, an Iranian company will export Knock-down kit (CKD) parts to Armenia and do the assembling in the country, News.am website reported. The agreement was […]