June 1, 2018

Tehran, Tashkent to open new flight routes

TEHRAN– Iran and Uzbekistan are planned to launch flight routes in near future, Iranian Minister of Roads and Urban Development Abbas Akhoundi told reporters on Thursday.
June 1, 2018

Iran, India mulling over rial-rupee trade to withstand U.S. sanctions

TEHRAN - Iran and India are discussing Rial-Rupee trade to keep the bilateral trade between the two countries after the U.S. imposes new sanctions on Iran.
June 1, 2018

Zanganeh writes to OPEC, calling for support for sanctioned members

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh has sent a letter to OPEC President Suhail Mohammed Al Marzouei calling for the organization’s support for members targeted by sanctions, Shana reported on Thursday.
June 1, 2018

Swiss Bank starts Wind-Down of Iran Business

By John Lee. Swiss-based Banque de Commerce et de Placements (BCP) has reportedly stopped all new transactions with Iran, following the US pullout from the nuclear deal. Reuters reports that the bank has started a ‘wind down period‘ within ...
June 1, 2018

BP Delays Work on Gas Field over New US Sanctions

BP has announced it is deferring new work on a gas field it co-owns with a subsidiary of Iran’s government-owned oil company because of impending US sanctions on Tehran after Washington pulled out of the 2015 nuclear deal. The oil and gas company said its ongoing work at the Rhum gas field northeast of the […]
May 31, 2018

6000 IKCO Cars to Be Dispatched to Iraq

Iraq‘s car market is one of IKCO‘s best export targets and the company is planning on shipping 6000 sets of cars as Samand, Soren, Peugeot Pars and Dena to this market. Hassan Golchubian, IKCO’s Exports Director for Middle East and Africa asserted, “Considering the export markets’ demand for cars with automatic gearboxes, IKCO has set […]
May 31, 2018

NISOC Plans Tenders for 11 Investment Packages

The CEO of the National Iranian South Oil Company (NISOC) said the company had received the permits for holding listening rounds for 11 investment packages aimed at developing 28 oil reserves in southern Iran. Speaking on Monday, Bijan Alipour said his company, which contributed to over 80% of Iran’s crude oil output, had defined 29 […]
May 30, 2018

Tehran, Belgrade discuss expansion of economic ties

TEHRAN – Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) met with the Serbian ambassador to Tehran on Tuesday to discuss expansion of economic ties.
May 30, 2018

Iran, Finland set to ink agricultural co-op agreement

TEHRAN – Iran and Finland are going to sign a comprehensive agricultural cooperation agreement in the near future, IRIB reported on Tuesday.
May 30, 2018

NISOC to hold tenders for developing 28 oil reserves

TEHRAN – National Iranian South Oil Company (NISOC) plans to develop 28 oil reserves in southern Iran through operation-based contracts, Shana reported on Tuesday quoting NISOC’s managing director.
May 30, 2018

Austria’s OMV Not Halting Energy Projects in Iran

Austrian oil and gas group OMV said it had not halted its planned Iranian energy projects despite the US withdrawal from the 2015 nuclear deal between Tehran and world powers. The group was monitoring political developments in the United States and the European Union very closely, said upstream chief Johann Pleininger at the annual shareholders’ […]
May 30, 2018

Iran Gas Exports “Unsanctionable”: Official

The CEO of the National Iranian Gas Company (NIGC) said export and consumption of natural gas would benefit humanity, adding Iran’s gas export deals were still effective and “no one has the right to impose sanctions on them.” “Export of gas does not necessarily concern national interests, rather, human interests are hinged upon export and […]
May 29, 2018

Italy tries to continue its economic ties with Iran as before: envoy

TEHRAN- In a meeting with Iranian Finance and Economic Affairs Minister Masoud Karbasian in Tehran on Monday, Italian Ambassador to Iran Mauro Conciatori announced his country’s deep commitment to Iran’s nuclear deal and said Italy tries to continue it...
May 29, 2018

European companies still continuing co-op with RAI: official

TEHRAN – European companies are still continuing their cooperation with the Islamic Republic of Iran Railways (known as RAI), ILNA reported on Tuesday quoting a railway official.
May 29, 2018

List of 631 enterprises to be privatized by March 2019 published

TEHRAN- Iran’s Privatization Organization (IPO) published the list of the enterprises that their shares are planned to be transferred to the private sector by the end of current Iranian calendar year (March 20, 2019), Tasnim news agency reported.
May 29, 2018

Video: Nuclear Deal ‘in intensive care’

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Signatories of the Iran nuclear deal meet in Vienna in a bid to save the agreement, as Iran warns the deal has been put “in intensive care” by Washington’s dramatic withdrawal earlier this month. […]
May 29, 2018

New Career Opportunities in Iran

By John Lee. The United Nations has advertised new jobs in Iran: Finance Manager, Norwegian Refugee Council (NRC) Education Officer, Norwegian Refugee Council (NRC) GIS and Remote Sensing Expert, FAO – Food and Agriculture Organization of the United Nations Agriculture Monitoring And Geospatial Expert, FAO – Food and Agriculture Organization of the United Nations Statistics and […]
May 29, 2018

53 Million Mobile Internet Users in Iran Until March 2018

Latest statistics until March 2018 by Iran’s Ministry of Communications shows that mobile internet users in Iran have reached to 53 million. Previous statistics from June 2017 was 47 million users.

The post 53 Million Mobile Internet Users in Iran Until March 2018 appeared first on TechRasa.

May 29, 2018

Iran’s Gas Industry “Not Affected” by US JCPOA Exit

A top Iranian energy official highlighted the country’s self-sufficiency in the gas industry and said it is not going to face any restrictions following the US withdrawal from the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA). In remarks released on Monday, Managing Director of the National Iranian Gas Company (NIGC) […]
May 28, 2018

Iran, Austria discuss cooperation between SMEs

TEHRAN-During a meeting in Tehran, Austria’s ambassador to Iran and managing director of Iran Small Industries and Industrial Parks Organization (ISIPO) conferred on development of cooperation between the two sides’ small and medium-sized enterprises (...