January 15, 2018

Tidewater Middle East to organize marine conference in Chabahar

TEHRAN- The 25th Conference of Coordinating Marine Organizations of Iran is scheduled to be held in Chabahar Free Zone (southeastern Iran) on January 30 and 31.
January 15, 2018

Trump Extends Nuclear Deal “for Last Time”

By John Lee. The United States is to extend sanctions relief for Iran for another 120 days. In a statement, President Donald Trump said: “Despite my strong inclination, I have not yet withdrawn the United States from the Iran nuclear deal. Instead, I have outlined two possible paths forward: either fix the deal’s disastrous flaws, […]
January 15, 2018

New US Sanctions on Iran: Full Details

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated 14 individuals and entities in connection with serious human rights abuses and censorship in Iran, and support to designated Iranian weapons proliferators. “The United States will not stand by while the Iranian regime continues to engage in human rights abuses and injustice.  […]
January 14, 2018

All sailors aboard Iranian burning oil tanker announced dead 

All 32 crew members on board an Iranian oil tanker that caught fire on January 6 after colliding with a freighter off China’s east coast are dead.
January 14, 2018

All sailors aboard Iranian burning oil tanker announced dead 

All 32 crew members on board an Iranian oil tanker that caught fire on January 6 after colliding with a freighter off China’s east coast are dead.
January 14, 2018

Kish to host ENEX 2018 intl. exhibition in late Jan.

TEHRAN - The 14th International Petro Energy Exhibition (ENEX 2018) of Iran is due to be held on Kish Island (in south of the country) from January 22 to 25, the event’s website reported.
January 14, 2018

Letters of guarantee worth $41.3m issued for SMEs

TEHRAN- The Investment Guarantee Fund of Iran for Small and Medium-Sized Enterprises has issued letters of guarantee worth 1.8 trillion rials (about $41.3 million) during the first nine months of the current Iranian calendar year (ended December 21, 20...
January 13, 2018

Tehran, Islamabad in accord to expand trade ties

TEHRAN- In a Friday meeting between Iranian Ambassador to Islamabad Mehdi Honardoost and Pakistani Minister of State for Finance and Economic Affairs Rana Muhammad Afzal Khan, the two officials agreed on enhancement of bilateral trade between the two b...
January 13, 2018

Oil tanker tragedy: 2 bodies found, black box retrieved

TEHRAN - Chinese relief and rescue teams have located bodies of two of the Iranian oil tanker’s crew on Saturday morning, six days after the ship collided with a bulk freighter and caught fire off China’s east coast.
January 13, 2018

Iranian light crude oil price up $1.8 per barrel in a week

TEHRAN- Iran’s light crude oil price rose $1.8 in the week ended on January 5 to settle at $67.57 per barrel, Shana news agency reported on Saturday.
January 12, 2018

3 intl. expos underway in Tehran

TEHRAN- The Iranian capital is simultaneously hosting three international exhibitions from January 11 to 14 at the Tehran Permanent International Fairground, IRNA reported on Thursday.
January 12, 2018

Tehran, New Delhi agree to sign $2b railway deals

TEHRAN- Iran and India agreed to sign railway deals worth $2 billion, Iranian Transport Minister Abbas Akhoundi announced.
January 12, 2018

‘Iran-Italy €5b credit agreement represents Europe’s decisiveness in expanding Iranian ties’

TEHRAN- The signed 5-billion-euro credit agreement between Iran’s Bank of Industry and Mine and Middle East Bank, and Invitalia Global Investment represents Europeans’ tendency in development of their economic bonds with Iran, IRNA quoted Managing Dire...
January 11, 2018

Italy, Iran sign Agreement for Investment in Iran

The Italian Minister of Economy and Finance, Pier Carlo Padoan, and the Deputy Minister for Economic Affairs and Finance of the Islamic Republic of Iran and President of the OTII (Organization for Investment, Economic and Technical Assistance of Iran), Mohammad Khazaee, welcomed the signing of the Master Credit Agreement, which took place today (Thursday) between […]
January 11, 2018

Rouhani’s Bad News Budget

By Navid Kalhor, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. With the recent wave of protests in Iran igniting debate over the government’s budget bill for the next Iranian year (beginning March 20), it is important to understand how President Hassan Rouhani’s administration has been approaching the matter. In the bill […]
January 11, 2018

Zarif Hails Strong Consensus on JCPOA in Brussels

Iranian Foreign Minister Mohammad Javad Zarif said there was solid consensus on the need for preserving the Joint Comprehensive Plan of Action (JCPOA) in a meeting he had with the European Union’s diplomatic chief and the foreign ministers of Britain, France and Germany on Thursday. “Strong consensus in Brussels today,” Zarif said in a Twitter […]
January 11, 2018

Easing of Drugs Laws may Spare Hundreds from Gallows

Responding to the news that Iran will implement amended drugs laws and remove capital punishment for some drug trafficking offenses, Magdalena Mughrabi, Amnesty International’s Middle East and North Africa Deputy Director, said: “Iran’s deadly anti-drugs campaign has had an enormous human toll over the years, resulting in gross human rights violations in the name of […]
January 11, 2018

Midex 2018 to host 210 Iranian, foreign companies

TERHAN- The 8th edition of International Exhibition of Architecture, Interior Design, and Modern House (Midex 2018) will start operation on Thursday with participation of 210 Iranian and foreign companies, IRIB news reported.
January 11, 2018

Video: Iran’s Supreme Leader vows ‘Response’ to Unrest

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News.
January 10, 2018

Iran, Serbia in accord to launch direct flights

TEHRAN- Iran and Serbia have reached an agreement to launch direct flights between the two countries in near future, IRIB news quoted the head of Public Relations Department of Iran’s Civil Aviation Organization (CAO).