December 26, 2017

Iran, Qatar to facilitate maritime trade

TEHRAN – Iran and Qatar discussed ways of facilitating maritime trade and cooperating in ports and transport areas, IRIB news reported.
December 26, 2017

Iran to impose Iron Ore Export Duty

By John Lee. Iran reportedly plans to impose a 10-percent export duty on non-concentrated iron ore from the beginning of the next Iranian year (March 21, 2018). Jafar Sargheini, a deputy at the Ministry of Mines and Industry, is quoted as saying that the duty will also be increased from 10 percent to 15 percent […]
December 26, 2017

Rag-Sefid still burning despite killing operations

A blowout occurs at Rag-Sefid offshore oilfield in Iran’s southwestern Khuzestan Province on October 29. The accident happened when drilling operation was ongoing in depth of 2,403 meters in the well No. 147 of the field. It burnt the drilling rig and ...
December 26, 2017

Exports of livestock, poultry products up 7% in 8 months yr/yr

TEHRAN - Exports from Iran’s livestock and poultry industry during the first eight months of the current Iranian calendar year (March 21-November 21) increased by seven percent compared to last year’s same period.
December 26, 2017

Tehran to host intl. office furniture expo in mid Jan.

TEHRAN - The 7th International Exhibition of Office Furniture of Iran (HOFEX 2018) is due to be held on January 11-14, 2018 at the Tehran Permanent International Fairgrounds.
December 25, 2017

Iran Among the Countries With the Most Improvements in ICT Development Index

A recent report by the International Telecommunication Union shows that Iran is among the country’s with the biggest gains in terms of ICT Development Index (IDI) in 2017 compared to the previous year.

The post Iran Among the Countries With the Most Improvements in ICT Development Index appeared first on TechRasa.

December 25, 2017

Advice from Oslo

At this time of the year in Oslo it is the custom to give unsolicited presents and as an Anglo-Dane on holiday in Oslo it is my pleasure to extend to the people of Tehran my compliments of the season and to present some unsolicited advice on one of my ...
December 25, 2017

SEO bans Bitcoin trade by brokerages

TEHRAN – Head of Iran’s Securities and Exchange Organization (SEO) Shapour Mohammadi said trading Bitcoin in the country’s brokerages is illegal, Shada reported on Sunday.
December 25, 2017

Intl. chandelier expo running in Tehran

TEHRAN- The 25th International Exhibition of Chandeliers & Decorative Lights kicked off on Sunday at the Tehran Permanent International Fairgrounds.
December 25, 2017

Iran signs €34m Petchem Deal with Italian Firm

Iran’s Ardebil Petrochemical Company cemented a deal with Italy’s engineering and construction giant Techint Group worth 34 million Euros deal for construction of a project aimed at production of propylene from natural gas. Based on the deal, the Italian company will designate a licensor for a 500,000-ton GTPP or GTOP project in Iran in an […]
December 25, 2017

Iranians ‘Furious’ over Rumors of 70% Increase in MP Salaries

From Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Amid speculation about an increase in gasoline prices in Iran, reports of a 70% surge in the salaries of parliament members have infuriated both public opinion and the media. President Hassan Rouhani recently presented his budget bill […]
December 24, 2017

Iran’s crude steel exports up 84% in 8 months yr/yr

TEHRAN- Iran exported 4.225 million tons of crude steel during the first eight months of the current Iranian calendar year (March 21-November 21), showing 84 percent growth from 2.294 million tons in the same period of time in the preceding year, accor...
December 24, 2017

Single-window a key achievement for Iran’s cross-border trade

The single-window system is a trade facilitation idea enabling cross-border traders to submit regulatory documents at a single location and/or single entity. Such documents are typically customs declarations, applications for import/export permits, and...
December 24, 2017

Iran’s Enemies Waging Economic War on Iran: Shamkhani

Secretary of Iran’s Supreme National Security Council (SNSC) Ali Shamkhani warned of enemies’ plots to undermine the country’s economy and public welfare by waging an economic war against the Islamic Republic. Speaking at a meeting of the administrative council of Kordestan Province in western Iran on Monday, Shamkhani warned that economy is the country’s vulnerable […]
December 24, 2017

Will Tehran be able to withstand ‘long overdue’ Quake?

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. Is an earthquake likely to occur in Tehran? What will happen if there is an earthquake in Tehran? These questions have recently been discussed in Iranian media and among the public in the aftermath of […]
December 24, 2017

Serbia to host TPO trade delegation in mid Feb. 2018

TEHRAN- Serbia is to receive a trade delegation from Trade Promotion Organization of Iran (TPO) in mid-February, the portal of TPO reported.
December 23, 2017

Iran’s light oil price up $1.2 in a week

TEHRAN- Iran’s light crude oil price rose $1.2 in the week ended on December 15 to settle at $63.23 per barrel, IRNA reported on Saturday.
December 23, 2017

TPO to dispatch marketing delegation to Japan in early Mar. 2018

TEHRAN- Trade Promotion Organization of Iran (TPO) plans to dispatch a marketing and investment delegation to Japan in early March, 2018, the portal of TPO announced.
December 23, 2017

Inflation rate stands at 8% in Iran: 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 ninth Iranian calendar month of Azar (December 21) compared to the same period in the previous year hit eight percent.
December 23, 2017

Fate of 2 Oilfields Determined before March 2018

An official with the National Iranian South Oil Company (NISOC) said negotiations with the potential developers of Iran’s Karanj and Shadegan oilfield will conclude by the end of the current fiscal year to March 20 2018. Hamid Deris, director of NISOC technical affairs, said NISOC experts are satisfied with the proposals submitted to the company […]