May 15, 2018

Europe seriously determined to continue economic co-op with Iran: Bulgarian min.

TEHRAN- Bulgarian Minister of Economy Emil Karanikolov said his country and Europe are seriously determined to continue their economic cooperation with Iran.
May 15, 2018

Garmsar–Incheboron railway electrification project underway

TEHRAN- The project for electrification of Garmsar–Incheboron railway to the length of 495 kilometers, linking Garmsar in the north-central province of Semnan to Incheboron in the northeastern province of Golestan, is being implemented.
May 15, 2018

Iran to Produce 400 Two Seater Electric Vehicles

The head of the Azad University of Qazvin branch, Morteza Mousakhani, announced that a knowledge-based company working with the university has received the license to release 400 two seater electric vehicles into the market.

The post Iran to Produce 400 Two Seater Electric Vehicles appeared first on TechRasa.

May 15, 2018

Railway co-op MOU signed between Iran, Turkmenistan

TEHRAN- Iran and Turkmenistan inked a memorandum of understanding on cooperation in the railway sector, the portal of Iranian Transport Ministry reported.
May 15, 2018

Polish Firm Signs Iran Cooperation Agreement

The National Iranian Drilling Company (NIDC) signed an outline agreement with Poland’s Exalo Drilling SA to cooperate in drilling operations. Sepehr Sepehri, NIDC CEO, signed the memorandum with Exalo and Mishan Company, a knowledge-based Iranian company, on the sidelines of the 23rd Iran Oil and Gas Show in Tehran on Tuesday, Shana reported. Mishan is […]
May 15, 2018

Oil exports from Kharg terminal reach 800m barrels in a year

TEHRAN - Iran exported 800 million barrels of crude oil from Kharg Island terminal in south part of the country during the last Iranian calendar year 1396 (ended on March 20), Shana reported on Monday quoting an oil official.
May 14, 2018

Over $17.6b of loans to be paid to industrial units by March 2019

TEHRAN- Iranian deputy industry minister announced that 740 trillion rials (about $17.619 billion) of loans will be paid to the production units in the country in the current Iranian calendar year (March 2018-March 2019), IRNA reported.
May 14, 2018

Iran, China ink €70m deal for co-manufacturing freight locomotives

TEHRAN – Iran and China signed a deal worth €70 million on Monday to collaborate on manufacturing 50 electro-diesel freight locomotives in Iran.
May 14, 2018

Iran’s oil output up 10,000 bpd in April: OPEC

TEHRAN- According to OPEC’s latest monthly report published on May 14, Iran’s oil production, based on secondary sources, stood at 3.823 million barrels per day (bpd) in April, rising 10,000 bpd from that of March.
May 14, 2018

Iran Weekly Recap | Price Growth of Electronics, Soroush Criticizing Country’s Infrastructure, President’s Confidential Letter & More

This week, we covered the price growth of electronics in the Iranian market, Jahromi’s response to Soroush messaging app, Rouhani’s confidential letter to Jahromi and the Central Bank’s unclear policies towards cryptocurrencies.

The post Iran Weekly Recap | Price Growth of Electronics, Soroush Criticizing Country’s Infrastructure, President’s Confidential Letter & More appeared first on TechRasa.

May 14, 2018

Iran is EU’s strategic partner: Bulgarian minister

TEHRAN - Bulgarian Minister of Economy Emil Karanikolov said Iran is a strategic partner for the European Union, IRIB reported.
May 14, 2018

Gas exports to Baghdad to rise to 14mcm/d by June

TEHRAN- Iran will increase its gas exports to Iraq’s capital city of Baghdad to 14 million cubic meters per day (mcm/d) since June, one year after starting gas exports to the Iraqi city, according to a director in the National Iranian Gas Company (NIGC...
May 13, 2018

Doha hosting Iran-Qatar Joint Economic Committee meeting

TEHRAN- The sixth meeting of Iran-Qatar Joint Economic Committee is being held in Qatar’s capital Doha, IRNA reported on Sunday.
May 13, 2018

Iran, Turkmenistan explore transportation, oil ties

TEHRAN- The joint economic meeting of Iran and Turkmenistan was held on Saturday and in the presence of Turkmenistan's Foreign Minister Rashid Meredov and Iranian transport minister Abbas Akhoundi, where the two sides explored avenues of further cooper...
May 13, 2018

Iran’s light crude oil price hovering over $70

TEHRAN - Iran’s light crude oil price fell 51 cents in the week ended on May 4 to settle at $70.77 per barrel, Shana reported on Sunday.
May 13, 2018

Iran-Bulgaria business forum at ICCIMA on Monday

TEHRAN- Iran-Bulgaria business forum is scheduled to be held at the place of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) on Monday, the portal of ICCIMA reported.
May 13, 2018

Fara Bourse’s main index up 1.2% in a week

TEHRAN- IFX, the main index of Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), rose 1.2 percent to stand at 1,070 points in the week ended on Friday, Tasnim news agency reported.
May 12, 2018

Iran to award Farzad B to domestic companies if India withdraws

TEHRAN – The managing director of Pars Oil and Gas Company (POGC) said Farzad B gas field (in the Persian Gulf) development project will be awarded to Iranian contractors if India pulls back from the negotiations, ILNA reported on Saturday.
May 12, 2018

Over 80% self-reliance achieved in oil pipelines, telecommunications

TEHRAN – More than 80 percent of the required components and equipment for the Iranian oil industry’s pipelines and telecommunications is domestically supplied, IRNA reported quoting an oil industry official.
May 12, 2018

Iranian trade delegation to accompany Rouhani in Austria, Switzerland tour

TEHRAN- A delegation from Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) will accompany Iranian President Hassan Rouhani in his trip to Switzerland and Austria on July 1-6, the portal of ICCIMA reported.