January 24, 2018

Electricity to be supplied to 400 villages by late Mar.

TEHRAN- Electricity will be supplied to some 400 villages, with population of less than 10 families, by the end of the current Iranian year (March 20, 2018), an official from Iranian Energy Ministry announced in a conference on Tuesday, IRNA reported.
January 23, 2018

Iran, Belarus to Open €5bn Export Credit Line

By John Lee. The Minister of Industry, Mine and Trade has announced that the Export Development Bank of Iran (EDBI) will make available €5 billion of credit for the export of Iranian products to Belarus. Speaking on the sidelines of 14th Iran and Belarus Business Forum, Mohammad Shariatmadari said, “the bilateral development between Iran and […]
January 23, 2018

Iran to Expand Ties with Cuba

By John Lee. President Hassan Rouhani said on Saturday that Iran is ready to boost ties with Cuba in various economic fields, particularly in the science and energy sectors. Iran and Cuba are two revolutionary countries that enjoy very good relations, Rouhani said, adding that the Islamic Republic “was determined to deepen ties with the […]
January 23, 2018

Iran Ministry “Not Involved in Talks” with Bombardier

Iran’s Ministry of Road and Urban Development has not held any talks with Canadian plane manufacturer Bombardier Inc., a deputy minister said, adding that the country’s private sector has been involved in business negotiations with that company. Speaking to Tasnim on Saturday, Asghar Fakhrieh Kashan said he was not informed of the agreements between the […]
January 23, 2018

50 new industrial estates to be constructed in rural areas

TEHRAN- Construction of 50 new industrial estates will be started in the rural areas in early February, the head of Iran Small Industries and Industrial Parks Organization announced.
January 23, 2018

JICA to fund power plants rehabilitation project in Iran

TEHRAN - Japan International Cooperation Agency (JICA) is going to fund the rehabilitation project of Iranian thermal power plants, IRNA reported on Tuesday quoting an official at Iran’s Thermal Power Plants Holding Company (TPPH).
January 23, 2018

Saffron exports up 26% in 9 months

TEHRAN- Iran exported over 160 tons of saffron worth more than $219 million to 56 countries during the nine-month period ended on December 21, 2017, with 26 percent growth in the value compared to the same time span in the preceding year.
January 23, 2018

President Rouhani Tries to Lift the Ban on Twitter, Improve Digital Economy and Make the Internet More Open

Last night President Rouhani stated that its government has been trying to lift the ban on Twitter and they have suffered to keep social media open.

The post President Rouhani Tries to Lift the Ban on Twitter, Improve Digital Economy and Make the Internet More Open appeared first on TechRasa.

January 23, 2018

Industrial units to receive more support

on January 10, Iranian parliament (Majlis) approved the bill on industrial support and prevention of closing factories.
January 23, 2018

Over $4b of agricultural products exported in 9 months

TEHRAN- Iran exported over 4.198 million tons of agricultural products worth more than $4 billion during the nine-month period ended on December 21, 2017, according to the deputy agriculture minister.
January 23, 2018

Inflation rate stands at 8.2%: statistical center

TEHRAN- The Statistical Center of Iran announced that the inflation rate for the 12-month period ended on the last day of the tenth Iranian calendar month Dey (January 20) compared to the same period in the previous year hit 8.2 percent.
January 22, 2018

Gas production in South Pars hits 555 mcm/d

TEHRAN- Production of gas from Iran’s South Pars gas field stands at 555 million cubic meters per day (mcm/d), according to the managing director of Pars Oil and Gas Company (POGC), which is in charge of developing the field.
January 22, 2018

Belarus underlines enhancing economic ties with Iran

TEHRAN- Belarusian Industry Minister Vitali Vouk underscored boosting bilateral economic ties with Iran, IRNA reported.
January 22, 2018

Iran Polymer and Petrochemical Institute: where industry meets innovation

TEHRAN – The head of Iran Polymer and Petrochemical Institute (IPPI) said the country’s petrochemical industry could benefit significantly from the achievements and innovation provided by the institute.
January 22, 2018

Iran’s 110 Million Dollar Budget for Country’s Startups

Iran’s Minister of ICT, Mohammad Javad Azari Jahromi, had a seminar with country’s startups, focusing on finding solutions for their issues and obstacles. In this seminar, he mentioned: "The 500 billion Tomans (110 million USD) budget for startups will be handed out to its applicants in different forms."

The post Iran’s 110 Million Dollar Budget for Country’s Startups appeared first on TechRasa.

January 22, 2018

Rouhani doubles down with ‘Digital Economy’ Plan

From Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Rouhani doubles down on Iran’s conservatives with ‘digital economy’ plan After receiving criticism for unblocking the popular social media app Telegram, which was closed over the recent protests that rocked Iran, President Hassan Rouhani is not […]
January 22, 2018

Iran’s steel production grows 21.4% in 2017

TEHRAN- Iran’s production of steel increased 21.4 percent in 2017, IRNA reported on Sunday.
January 22, 2018

Exports of dairy products up 30% in 9 months yr/yr

TEHRAN- Exports of dairy products from Iran increased 30 percent during the first nine months of the current Iranian calendar year (March 21-December 21, 2017) compared to the same period of time in the past year, according to an agriculture official.
January 22, 2018

Pistachio exports exceed $677m in 9 months

TEHRAN- Iran exported 84,000 tons of pistachio worth $677 million during the first nine months of the current Iranian calendar year (March 21-December 21, 2017), IRIB news reported citing the data by Islamic Republic of Iran customs Administration (IRI...
January 22, 2018

Stock market index rises 3.5% in a month

TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) gained 3,309 points or 3.5 percent to 98.817 in the tenth Iranian calendar month Dey (December 22, 2017-January 20, 2018), Tasnim news agency reported on Sunday.