August 19, 2018

Spanish company vows to defy U.S. sanctions, continue business with Iran

In an interview with Sputnik, Esproenko International, which specializes in oil and gas services, commented on the situation around the first phase of Washington’s anti-Iranian sanctions which entered into force on August 7.
August 19, 2018

Iran says no OPEC member can take other member’s share of oil exports

TEHRAN- No OPEC member country can take over another member’s share of oil exports, Iran’s permanent envoy to Vienna-based international organizations said in a meeting with OPEC Secretary-General Mohammad Barkindo on Sunday.
August 19, 2018

Crude steel production rises 17% in 4 months on year

TEHRAN- Iranian steel producers produced 8.279 million tons of crude steel during the four-month period from March 21 to July 22, with 17 percent growth from the figure of the same period of time in the past year, IRIB reported on Saturday based on the...
August 19, 2018

New shipping companies ready for co-op with Iran: official

TEHRAN - Deputy head of Iran’s Ports and Maritime Organization (PMO) for ports and economic affairs said the country’s new incentive packages has lured new shipping companies for cooperating with Iran.
August 18, 2018

Minerals, mining exports at over $3.7b during 4 months

TEHRAN- The value of Iran’s minerals and mining exports stood at $3.763 billion during the first four months of current Iranian calendar year (March 21-July 22), according to data released by the Islamic Republic of Iran Customs Administration (IRICA).
August 18, 2018

Over 512m tons of commodities worth $288m traded in IME in a week

TEHRAN- During the five dealing days (Saturday-Wednesday) of the past Iranian week ended on Friday, approximately 512,158 million tons of commodities worth over $288 million were traded in Iran Mercantile Exchange (IME).
August 18, 2018

Iran’s central banker promises to improve economy

TEHRAN- Writing on Twitter, governor of the Central Bank of Iran (CBI) clarified some of the bank’s recent taken measures and adopted policies and also made some promises to keep for improving domestic economy, IRIB reported on Saturday.
August 17, 2018

EU’s imports from Iran boost 23% in H1 on year

TEHRAN- Exports of Iranian goods to the European Union countries hit €6.11 billion in the first half of 2018, increasing 23 percent in comparison with the same time in the preceding year, European Commission press release database has reported.
August 17, 2018

TPO head discusses trade affairs with foreign commercial attaches

TEHRAN- Mojtaba Khosrotaj, the head of Iran’s Trade Promotion Organization (TPO), discussed Iran’s exports capacities and imports priorities with commercial attaches and economic representatives from 44 countries in a meeting on Thursday, IRIB reported...
August 17, 2018

TEDPIX falls 0.8% in a week

TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) lost 1,045 points to 130,476 during the five dealing days (Saturday-Wednesday) of the past Iranian week ended on Friday, Tasnim news agency reported.
August 17, 2018

Up to 9GW of new power capacity needed to avoid outages: energy min.

TEHRAN – Iran’s Energy Minister Reza Ardakanian said the country needs to add up to 9 gigawatts (GW) of power generation capacity in order to be able to avoid electricity outages in the next summer, IRNA reported on Thursday.
August 17, 2018

S. Korea to support companies affected by Iran sanctions

South Korea to extend financial support for companies affected by reimposed sanctions on Iran, the trade ministry in Seoul said Thursday.
August 17, 2018

German Energy Firms to Visit Iran Gas Show

Senior executives from German gas and energy companies are scheduled to visit the First Iran International Gas Show (IRGS 2018) to be held in Tehran in September. The companies are active in the fields of natural gas exploration, production, transportation, storage, marketing and other related services, and provide professional solutions to upstream and downstream projects, […]
August 16, 2018

Iraq to Reduce Visa Charges for Iranian Pilgrims

By John Lee. Iraq will reportedly reduce its visa charges for Iranian pilgrims later this year. According to the report from Associated Press, the reduction will only apply to pilgrims of the “Arbaeen,” the anniversary of the passage of 40 days after the death of Shiite Imam Hussein, the Prophet Muhammad’s grandson. Visas normally cost […]
August 16, 2018

Nestle to Remain in Iran despite US Sanctions

Nestle (NESN.S) sees no direct fallout from renewed US sanctions on Iran, the world’s biggest food company has said. “We continue to closely follow political developments regarding sanctions against Iran. There are no direct implications for our business at this stage,” it said in response to a query, Reuters reported. Nestle Iran has its headquarters […]
August 15, 2018

Video: Sevan Startup Summit 2018

In this video we talked with Hovhannes Yeritsyan Business Development Director at Seaside Startup Summit, Hakob Hakobyan Founder at Seaside Startup Summit, Arsalan Yarveisi Co-Founder and CEO at Drupz, Tadeh Alexani TechPin Representative, Sidney Minassian Founder of SalesNative & Contexti and Max Khattak Partner at Iratel Ventures.

The post Video: Sevan Startup Summit 2018 appeared first on TechRasa.

August 15, 2018

HOFEX 2018 running in Tehran

TEHRAN- Iran’s 27th international exhibition of home furniture (HOFEX 2018) became operational at the Tehran Permanent International Fairground on Wednesday, IRIB reported.
August 15, 2018

CEO of IFB briefs private sector representatives on crowdfunding issues

TEHRAN- In a meeting held at the place of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), representatives of private sector met Amir Hamooni, the CEO of Iran’s over-the-counter (OTC) market, known also as Iran Fara Bourse (IFB), w...
August 15, 2018

Caspian Sea legal regime: what it means for Iran’s oil and gas

After more than two decades of negotiations and diplomatic efforts in numerous summits, on August 12 a landmark convention was inked by the presidents of the five littoral Caspian nations – Russia, Iran, Kazakhstan, Azerbaijan and Turkmenistan on the l...
August 15, 2018

Copper cathode, anode production boost above 60% in 4 months on year

TEHRAN- Production of copper cathode and anode in Iran rose 62 percent and 65 percent, respectively, in the first four months of the present Iranian calendar year (March 21- July 22, 2018), in comparison with the same time span in the preceding year, I...