January 10, 2018

German trade delegation to visit Tehran on Saturday

TEHRAN- A 20-member German trade delegation will pay a visit to the Iranian capital to hold talks with their Iranian counterparts on expansion of cooperation, the portal of Trade Promotion Organization of Iran reported.
January 10, 2018

India may finance Iranian railway project

TEHRAN – India is considering financial contribution in a railway project in southeastern Iran, Tasnim news agency reported on Wednesday.
January 10, 2018

Professional Committees of IoT to Establish in Iran

After the Workgroup of Leading IoT in the country started their activities, professional committees of IoT were decided to be established in the National Center for Cyberspace.

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January 10, 2018

Iran, India to Finalize Railroad Project Deal

During a planned visit to New Delhi, Iran’s Minister of Roads and Urban Development and his Indian counterpart are expected to make the final decision about details of a deal on financing a railroad linking the Iranian southeastern cities of Zahedan and Chabahar, an official said. In a meeting with India’s ambassador to Tehran, Iranian […]
January 10, 2018

Rescue Teams to enter Stricken Iranian Tanker

Rescue Teams will enter Stricken Iran Tanker after Blaze is controlled: NITC Firefighting operations to extinguish a burning Iran oil tanker in the East China Sea has begun and rescue teams will enter the tanker as soon the blaze is controlled, National Iranian Tanker Company (NITC) says. Spokesman of an emergency committee of the Iranian […]
January 10, 2018

Renewing oil tankers fleet a “must” for Iran

The collision of an Iranian oil tanker with a Chinese freight vessel has been at the top of news headlines in many energy news agencies this week.
January 10, 2018

Govt. projected to create 1m jobs by Mar. 2019

TEHRAN- Iranian government spokesman Mohammad Baqer Nobakht announced that the government intends to create 1.033 million jobs by the end of the next Iranian calendar year 1397 (March 20, 2019) in case 3.27 quadrillion rials (about $74.8 billion) of in...
January 10, 2018

€260m Loan for Major Refinery Project

The National Development Fund of Iran (NDFI) will be tapped for a 260-million-Euro loan for completing the remaining phases of Bandar Abbas Gas Condensate Refinery Project, an official said. Managing Director of the National Iranian Oil Refining & Distribution Company (NIORDC) Alireza Sadighabadi said on Sunday that the refinery must reach full productivity by March […]
January 9, 2018

Iranian Oil Tanker Continues to Burn: Report

An Iranian oil tanker continues to burn off the coast of Shanghai, days after it collided with a bulk ship and caught fire, a report said. One crew member has been found dead, while 31 others remain missing as firefighters continue to battle the blaze. “Searchers have found the body of one of the missing […]
January 9, 2018

Video: Iran Warns if US Reneges on Nuclear Deal

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Iran is warning it may reconsider its cooperation with the International Atomic Energy Agency (IAEA), unless the US honours the agreement it signed with Tehran and international powers in 2015. President Donald Trump […]
January 9, 2018

Efforts continue to tame fire on Iranian oil tanker: NITC official

TEHRAN – In collaboration with National Iranian Tanker Company (NITC), rescue crews are taking all necessary measures to tackle the fire on Sanchi tanker as soon as possible, IRNA reported on Tuesday quoting the NITC spokesman for the emergency committ...
January 9, 2018

Over $8.2b foreign investment attracted in water, power sectors post-JCPOA

TEHRAN –Iran’s water and electricity sectors have attracted over $8.23 billion of foreign investment after the implementation of the nuclear deal between Iran and world powers (known as JCPOA) in January 2016.
January 9, 2018

UAE not seen a major trade partner for post-sanction Iran

TEHRAN- The United Arab Emirates (UAE) benefited a lot from years of the West-led economic sanctions against Iran as the neighbor country had turned into a number one trade partner of Iran through acting as a broker buying products and services from di...
January 9, 2018

Active .IR Domain Names Reach to Almost One Million

According to latest statistics by IRNIC, active top-level .IR domains have reached to over 940 thousand. The number of active .IR domains in the past year were around 750 thousand. 

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January 9, 2018

Car manufacturing rises 16%

TEHRAN- Iran manufactured 1,103,631 vehicles during the first nine months of the current Iranian calendar year (March 21-Decemebr 21, 2017), with 16.1 percent rise from 950,210 cars manufactured in the same time span of the past year.
January 9, 2018

919km of railroad to be inaugurated by late Mar.

TEHRAN- Iranian deputy transport and urban development minister announced that having 516 kilometers of railroad tracks laid, Iran will inaugurate 919 kilometers of railroads by the end of the present Iranian calendar year (March 20, 2018), IRNA report...
January 9, 2018

Video: Economic Reasons contributing to the Unrest

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Almost a year on after sanctions were lifted from Iran, the Middle East’s second-largest economy remains a hard place to find a job. This is one of the economic factors contributing to the […]
January 8, 2018

Iran-EU trade grows 61% in 10 months

TEHRAN- Trade exchange between Iran and the European Union countries increased 61 percent in the first 10 months of 2017 from the same time in 2016, IRNA reported on Monday.
January 8, 2018

Mineral exports at over $6.8b in 9 months

TEHRAN- Iran exported $6.855 billion worth of mineral products during the first nine months of the current Iranian calendar year (March 21-December 21, 2017), with three percent rise compared to the same period of time in the preceding year.
January 8, 2018

Basra to receive Iranian gas within 2 months: official

TEHRAN – Iraq is preparing infrastructure to receive Iranian natural gas in its southern city of Basra within two months, IRIB news reported quoting the National Iranian Gas Company’s managing director.