February 27, 2018

Seminar on Iran’s investment opportunities held in S. Korea

TEHRAN – Concurrent with the opening of Iran-South Korea Joint Chamber of Commerce a seminar on Iran’s investment opportunities was held in Seoul on Monday.
February 27, 2018

Yerevan hosting Iran-Armenia Joint Economic Committee meeting

TERHAN- The 15th Joint Economic Committee meeting between Iran and Armenia inaugurated in the Armenian capital on Tuesday, IRNA reported.
February 27, 2018

IME plans to start trading iron ore pellet, concentrate

TEHRAN- Iran Mercantile Exchange (IME) plans to start trading domestically produced iron ore pellet and concentrate, IME Managing Director Hamed Soltani-Nejad announced.
February 27, 2018

Over $446m of facilities to be granted for mechanization of agriculture

TEHRAN- Head of Mechanization Department of Iran Agriculture Ministry predicted that 20 trillion rials (about $446.8 million) of facilities will be allocated for mechanization of domestic agricultural sector during the upcoming Iranian calendar year (s...
February 26, 2018

Iran Tech Weekly Recap | Feb 26, 2018

Every week we’ll be bringing you the highlights of Iran’s tech scene in the past week. This week, we covered details of Iran’s first cryptocurrency, the possibility of lifting Twitter’s ban in Iran, Tebyan’s second data center and ICT Parks’ growth in the country.

The post Iran Tech Weekly Recap | Feb 26, 2018 appeared first on TechRasa.

February 26, 2018

Iranian trade delegation to embark for Russia in early March

TERHAN- A delegation from Iran-Russia Joint Chamber of Commerce will make a visit to Russia on March 4 and 5, 2018, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.
February 26, 2018

Iran, Kyrgyzstan ink MOU for co-op in free trade, economic zones

TEHRAN- Iran’s Chabahar Free Trade Zone Organization and the Kyrgyz Republic’s Bishkek Free Economic Zone signed a memorandum of understanding (MOU) in Tehran for cooperation on transit, transportation, logistics and tourism areas.
February 26, 2018

Industrial units establishment permits up 19% in 10 months yr/yr

TEHRAN- The number of permits for establishing industrial units rose 19 percent in the first ten months of the current Iranian calendar year (March 21, 2017-January 20, 2018) from the same period of time in the past year, according to Deputy Industry M...
February 26, 2018

ICCIMA to dispatch trade delegation to Albania, Macedonia in late-Apr.

TEHRAN –Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is planning to dispatch a trade delegation to Albania and Macedonia on April 23-26, ICCIMA portal reported.
February 26, 2018

IME trades rise 39% since last Mar.

TEHRAN- During the first 11 months of the present Iranian calendar year (March 21, 2017- February 19, 2018) above 1.035 quadrillion rials (about $23.11 billion) of goods have been traded at Iran Mercantile Exchange (IME), registering 39 percent increas...
February 26, 2018

$2b worth of foreign-funded projects underway in industrial parks

TEHRAN - Managing Director of Iran Small Industries and Industrial Parks Organization (ISIPO) Sadegh Najafi said the organization has 37 major projects underway with $2 billion of foreign investment.
February 25, 2018

Iran promoting investment opportunities in southeastern Makran shores

TEHRAN - The 2nd International Summit for Presenting Investment Opportunities in Makran Shores (in southeastern Iran) commenced on Sunday at Milad Tower Conference Hall in Tehran.
February 25, 2018

Flare stack of SP phase 14 platform lights

TEHRAN- Flare stack of the first platform of Iran’s South Pars gas field’s phase 14 of development was lighted on Saturday.
February 25, 2018

Iran, Spain explore industrial co-op in Tehran

TEHRAN- In a meeting between officials from Iran’s Industrial Development and Renovation Organization (IDRO), Spanish Chamber of Commerce, and Confederation of Employers and Industries of Spain in Tehran the two sides investigated mutual cooperation be...
February 25, 2018

Post Bank of Iran Plans to Launch the Country’s First Digital Currency

With the order of the Minister of ICT, Post Bank of Iran will be issuing the country’s first digital currency over the blockchain technology as a pilot. 

The post Post Bank of Iran Plans to Launch the Country’s First Digital Currency appeared first on TechRasa.

February 25, 2018

Iran sells light crude oil at $59.96 in a week

TEHRAN- Iran’s light crude oil price fell $3.18 in the week ended on February 16 to settle at $59.96 per barrel, Shana reported on Saturday.
February 25, 2018

54 IDRO projects to be implemented using $14.7b of investments by 2022

TEHRAN- Iran’s Industrial Development and Renovation Organization (IDRO) plans to implement some 54 projects using 660 trillion rials (about $14.73 billion) of investments by March 20, 2022, the organization’s Head Mansour Moazzami announced on Saturda...
February 25, 2018

Inflation rate stands at 9.9%: CBI

TEHRAN- The Central Bank of Iran (CBI) announced that the inflation rate for the 12-month period ended on the last day of the eleventh Iranian calendar month Bahman (February 19) compared to the same period in the previous year hit 9.9 percent.
February 25, 2018

Six Factors driving Iran’s sudden Currency Devaluation

By Bijan Khajehpour for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. A major and unexpected devaluation of the rial on the free currency market has taken many in Iran by surprise. Analysis of the behavior patterns in the Iranian foreign exchange market suggests that six […]
February 24, 2018

Intl. agriculture, irrigation exhibit underway in Tehran

TEHRAN – The second edition of Iran’s International Exhibition of Agriculture, Agricultural Machineries and Equipment, Inputs, Irrigation Systems and Mechanization (Iran Agri Show 2018) opened at Tehran Permanent International Fairgrounds on Saturday.