June 26, 2018

Westminster Group places Iran Projects “On Hold”

UK-based Westminster Group has said it has put its Iranian projects “on hold whilst it seeks clarification on the impact of the US withdrawal from the JCPOA.” The company said in its AGM statement: “A defining achievement for the Company so far in 2018 was the formal signing on 7 May of a long term […]
June 26, 2018

Gas exports up 9% in a quarter on year

TEHRAN- Iran’s gas exports increased by nine percent during the first quarter of current Iranian calendar year (March 21-June 21), according to a gas official.
June 26, 2018

Intl. metal working exhibition kicks off in Tehran

TEHRAN – The third edition of Iran’s International Exhibition for Metal Working (AMB Iran 2018) kicked off on Tuesday at Shahr-e-Aftab International Exhibition Center in Tehran.
June 26, 2018

Govt. aims to strengthen national currency

TEHRAN- Government spokesman Mohammad Baqer Nobakht on Tuesday said that the government’s main target is increasing the value of national currency, rial, however, the job will not be fulfilled without the support of the Iranian nation.
June 26, 2018

European companies to continue trade with Iran: envoy

TEHRAN- Bulgaria’s ambassador to Iran said that U.S. withdrawal from Iran’s nuclear deal (known as JCPOA) cannot prevent European companies from having trade transactions with the country, IRNA reported on Tuesday.
June 26, 2018

Iran’s non-oil exports rise 15.5% in 3 months yr/yr

TEHRAN- Iran could export $11.6 billion of non-oil goods during the first three months of the current Iranian calendar year (March 21-June 21, 2018), showing an annual increase of 15.5 percent, Iranian economy minister announced in a press conference o...
June 26, 2018

Kharg oil terminal’s capacity to increase by 700,000 bpd in 2 years

TEHRAN – Iran’s Kharg Island oil terminal capacity for receiving, storing and exporting of oil is set to increase by 700,000 barrels per day (bpd) in two years, IRNA reported on Tuesday quoting an oil official.
June 25, 2018

Second Day of Protests in Iran

From Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Rouhani under fire amid second day of protests in Iran As the unofficial exchange rate in Iran hit a record 90,000 rials to the dollar June 24, a second day of protests erupted in Iran. On […]
June 25, 2018

140 companies to attend intl. electricity expo in Isfahan

TEHRAN- The 9th International Biennial Exhibition of Electricity Industry of Iran is to be held on June 27-30, 2018 at Isfahan International Exhibition Fairground with participation of 140 domestic and foreign companies, ILNA reported on Monday.
June 25, 2018

Iran to create secondary currency market by next week

TEHRAN- Iran will set up a secondary currency market by the next week, Central Bank of Iran (CBI) Governor Valiollah Seif announced on Monday.
June 25, 2018

Digging operation of 43 oil, gas wells conducted in 3 months

TEHRAN- National Iranian Drilling Company (NIDC) dug and completed digging operation of 43 oil and gas wells during the first quarter of current Iranian calendar year (March 21-June 21), according to an official with the NIDC.
June 25, 2018

Expansion of economic co-op discussed between Iran, Georgia

TEHRAN- In a meeting between the members of Iran-Georgia parliamentary friendship group and Iranian Finance Minister Masoud Karbasian in Tehran on Sunday, the two sides stressed expansion of bilateral economic ties and cooperation.
June 25, 2018

Iran’s 1st intl. gas exhibition slated for early Sep.

TEHRAN – Iran’s first international gas exhibition (IRGS 2018) is due to be held at Shahr-e-Aftab Complex in Tehran during September 1-4.
June 25, 2018

Iran Weekly Recap | iPhone’s Share in Iran, Protests in the Mobile Market, and Telegram VPN

Every week we’ll be bringing you the highlights of Iran’s tech scene in the past week. This week, we covered iPhone’s market share in Iran, protest and strike in Iran’s mobile market, and Iranian versions of Telegram acting as a VPN service.

The post Iran Weekly Recap | iPhone’s Share in Iran, Protests in the Mobile Market, and Telegram VPN appeared first on TechRasa.

June 24, 2018

The Young Generation Has Lost Interest in the Corporate Culture. Here’s Why.

Large corporates have become less interesting working places for millennials. What's the reason and how can corporates change that by "Flipping the Pyramid"?

The post The Young Generation Has Lost Interest in the Corporate Culture. Here’s Why. appeared first on TechRasa.

June 24, 2018

Construction operation of over 3,400 km of railways underway

TEHRAN- Over 3,410 kilometers of railways are under construction throughout Iran, Deputy Transport Minister Kheirollah Khademi told IRNA on Sunday.
June 24, 2018

Steel products export up 129% in 2 months yr/yr

TEHRAN- Iran exported 413,000 tons of steel products during the two-month period from March 21 to June 21, with 129 percent rise from the figure of the same time span in the past year, Iranian Mines and Mining Industries Development and Renovation Orga...
June 24, 2018

Gasoline consumption tops 2.5b liters in a month

TEHRAN- Iranians Consumed over 2.5 billion liters of gasoline during the Iranian calendar month of Khordad (May 22-June 21), that is an average daily consumption of 83.6 million liters.
June 24, 2018

Tehran hosts intl. conference on transportation, logistics

TEHRAN – The second edition of Iran’s International Conference on Export Transportation and Logistics was held at Tehran Permanent International Fairgrounds on Sunday.
June 24, 2018

‘New imports ban to thwart $10b of foreign currency outflow’: MP

TEHRAN- Implementation of the newly set ban on imports of 1,339 kinds of goods into Iran is expected to prevent outflow of $10 billion foreign currency, IRIB news quoted the chairman of Majlis (the Iranian parliament) economic committee as saying in a ...