March 20, 2018

Iran’s mineral exports up 6% in 11 months yr/yr

TEHRAN- Iran exported $8.4 billion of minerals during the 11-month period ended on February 19, with six percent rise from the figure of the same period of time in the previous year, according to Iranian Mines and Mining Industries Development and Reno...
March 19, 2018

A Happy Nowruz Message and Thank You Note from TechRasa!

TechRasa team wishes you a very happy, prosperous and healthy new year! Today we’re celebrating Nowruz, the Iranian Persian new year and it’s a great time to look back and reflect on the highlights of the past year and the new year’s outlook. 

The post A Happy Nowruz Message and Thank You Note from TechRasa! appeared first on TechRasa.

March 19, 2018

Exports of Iranian goods to Russia to double in 2 months

TEHRAN- Exports of Iranian products to Russia will be doubled within the next two months, the chairman of Iran-Russia Joint Chamber of Commerce announced.
March 19, 2018

Exports of Iranian goods to Russia to double in 2 months

TEHRAN- Exports of Iranian products to Russia will be doubled within the next two months, the chairman of Iran-Russia Joint Chamber of Commerce announced.
March 19, 2018

Iran eyes $4bn in Developing two Oilfields

Iranian Minister of Petroleum Bijan Zangeneh says Iran expects to generate a total of 4 billion dollars by developing Aban and West-Paydar oilfields that it shares with neighboring Iraq. Addressing a ceremony to sign a contract to develop the two fields here in Tehran on Wednesday, the official said oil recovery from the two fields […]
March 19, 2018

IRGC Funding for Cinema stirs Debate in Iran

By Zahra Alipour for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. “I am a dependent filmmaker. I am a man of the system. … I thank Owj [Arts and Media] Organization. They work hard and deserve the title of ‘The unknown soldiers of Imam Mahdi.’ I […]
March 19, 2018

Iran to Open Car Plant in Azerbaijan

Iranian President Hassan Rouhani will inaugurate a car factory in the Republic of Azerbaijan in an upcoming visit, Iran’s economy minister said. Speaking to reporters at the conclusion of a Tuesday session of a joint commission on Iran-Azerbaijan cooperation, Massoud Karbasian said an Iranian automobile factory will open in the Republic of Azerbaijan during President […]
March 18, 2018

Iran poised to host 12th World Chambers Congress in 2021

TEHRAN- Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Vice Chairman Pedram Soltani voiced Iran’s readiness for hosting the 12th edition of World Chambers Congress in 2021, the portal of ICCIMA reported on Sunday.
March 18, 2018

Muscat urges rial-based trade with Tehran

TEHRAN- According to Omani Foreign Minister Yusuf bin Alawi bin Abdullah cutting reliance on foreign currencies and using Iranian and Omani rial in trade transactions between the two Persian Gulf countries is one of the major requirements to enhance mu...
March 18, 2018

Bitter experience of Chinese investor with Iranian contractor

Recently China Petroleum & Chemical Corporation (known as Sinopec) which is the main contractor in developing Iran’s Yadavaran oilfield (shared with Iraq in Iran’s southwestern region of Karoun) has claimed that an Iranian company caused them several h...
March 18, 2018

Exports of home appliances stand at $190m in 10 months

TEHRAN- Iran exported $190 million worth of home appliances during the 10-month period ended on January 20, according to an official in Trade Promotion Organization (TPO).
March 18, 2018

Above 15,000 production units received banking facilities by Jan. 20

TEHRAN- According to the latest data released by the Statistical Center of Iran (SCI), 15,095 production units received banking loans during the 10 months ending to January 20, 2018, Tasnim news agency reported on Saturday.
March 18, 2018

Iran-China trade grows 20% in 2017

TEHRAN- The value of trade between Iran and China stood at $37 billion in 2017, indicating $4 billion or 20.4 percent growth from the figure of its preceding year, Iranian ambassador to Beijing announced on Friday.
March 18, 2018

NIOC “in Talks” to Develop 22 Oil, Gas Fields

The Deputy Head of the National Iranian Oil Company (NIOC) for Engineering and Development Affairs Gholamreza Manouchehri says his company is in talks with several upstream companies for the development of 22 oil and gas fields in Iran. Addressing a ceremony to sign a contract to develop Aban and West-Paydar oilfields by NIOC and a […]
March 18, 2018

Iran Air to Recruit Female Pilots: CEO

CEO of Iran Air Farzaneh Sharafbafi said the country’s national flag-carrier airline plans to recruit female pilots for the first time. “This is highly significant for us to have female pilots among our personnel,” Sharafbafi made the announcement on Tuesday. Iran Air is based in Tehran and flies to more than 25 domestic destinations and […]
March 18, 2018

Media Abuzz over Sudden Resignation of Tehran Mayor

From Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. On March 14, Iranians woke up to a surprising piece of news: Tehran’s mayor, prominent Reformist Mohammad Ali Najafi, who was only chosen as mayor in August, had submitted his resignation to the city council. Explaining […]
March 17, 2018

Auto industry constitutes 17% of domestic industrial production

TEHRAN- Iranian Industry, Mining and Trade Minister announced on Saturday that auto industry owns a 17-pecern-share of the total production of domestic industry in Iran, IRIB news reported.
March 17, 2018

Gasoline consumption anticipated to rise 9% in a year

TEHRAN- Consumption of gasoline in Iran is forecast to increase 8.8-9 percent to hit 87.8 million liters per day in the upcoming Iranian calendar year (starts on March 21), managing director of National Iranian Oil Products Distribution Company (NIOPDC...
March 17, 2018

Official Entrance of Iran 1st Private Post Operator to Modern Services Market

With receiving official license of activity, Iran’s First Private Post Operator has targeted the new domestic and regional markets very rapidly, the Public Relations Dept. of TIPAX Company reported.
March 17, 2018

Transport min. inaugurates 6 development projects in southern island

TEHRAN- Iranian Transport Minister Abbas Akhoundi inaugurated six development projects in the southern Iranian island of Qeshm on Friday morning, IRNA reported.