December 10, 2017

Iran’s trade surplus hits $29b in 2016: UNCTAD

TEHRAN – Iran’s trade balance registered a $29 billion surplus in 2016, Tasnim reported on Friday citing the “2017 handbook of statistics” report published by the United Nations Conference on Trade and Development (UNCTAD).
December 9, 2017

Supporting SMEs to raise production, employment 

SMEs (small and medium-sized enterprises) are enterprises whose personnel numbers fall below certain limits. According to the European definition, SMEs are enterprises which employ fewer than 250 persons and which have an annual turnover not exceeding ...
December 9, 2017

Supporting SMEs to raise production, employment 

SMEs (small and medium-sized enterprises) are enterprises whose personnel numbers fall below certain limits. According to the European definition, SMEs are enterprises which employ fewer than 250 persons and which have an annual turnover not exceeding ...
December 9, 2017

Hungarian Bus-Maker to supply Iran

By John Lee. Hungarian bus maker Ikarus has reportedly signed an agreement to export 1,000 buses to Iran. Company Chairman Gábor Széles was among a 20-strong business delegation on an official visit to Iran last the weekend. The quantity is equivalet to one-third of full year’s production for the company. According to Budapest Business Journal, […]
December 9, 2017

Why is Iranian Rial suddenly Weakening?

By Saeid Jafari for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. A recent devaluation of the rial on the so-called free market in Iran has raised concerns that the country’s economy will experience another collapse of the value of its national currency similar to what […]
December 9, 2017

New Career Opportunity in Iran

By John Lee. The United Nations has advertised new jobs in Iran: Admin/Travel Intern, United Nations Development Programme (UNDP) Field Associate, United Nations High Commissioner for Refugees (UNHCR) National Consultant on Montreal Protocol, United N...
December 8, 2017

Handmade carpet exports at $221m

TEHRAN- Iran exported $221 million worth of hand-woven carpets during the first seven months of the current Iranian calendar year (March 21-November 21, 2017), IRIB quoted Hamid Kargar, the head of Iran’s National Carpet Center, as saying.
December 8, 2017

Handmade carpet exports at $221m

TEHRAN- Iran exported $221 million worth of hand-woven carpets during the first seven months of the current Iranian calendar year (March 21-November 21, 2017), IRIB quoted Hamid Kargar, the head of Iran’s National Carpet Center, as saying.
December 8, 2017

Bulgarian firm aims to build solar farm in Iran

TEHRAN – Bulgarian Energy Company, Solar & Benefit, has signed a memorandum of understanding (MOU) for the construction of a solar farm in Iran.
December 8, 2017

Bulgarian firm aims to build solar farm in Iran

TEHRAN – Bulgarian Energy Company, Solar & Benefit, has signed a memorandum of understanding (MOU) for the construction of a solar farm in Iran.
December 8, 2017

Bitcoin in Iran awaiting CBI decision

Bitcoin, the digital currency that has dominated headlines in recent weeks, continued its march higher as it broke for the first time ever above $17,000 on Thursday.
December 8, 2017

Bitcoin in Iran awaiting CBI decision

Bitcoin, the digital currency that has dominated headlines in recent weeks, continued its march higher as it broke for the first time ever above $17,000 on Thursday.
December 7, 2017

Turkmenistan to “Take Gas Dispute with Iran to Arbitration”

Turkmenistan plans to take a dispute with Iran over gas supplies to international arbitration, a report said. Turkmen President Kurbanguly Berdymukhamedov discussed the issue with Myrat Archayev, head of state gas firm Turkmengas, Turkmen state news agency TDH said on Tuesday. Archayev told Berdymukhamedov that talks had fallen through and the Iranian side had proposed […]
December 7, 2017

Iran to buy 120,000 Tons of Soymeal: European Traders

Iranian state-owned animal feed importer SLAL has agreed to purchase around 120,000 tons of soymeal in an international tender at the weekend, European traders said on Monday. Traders said the sale was said to have been made by a small trading house believed to be from Russia, according to Reuters. “The main grain houses did […]
December 7, 2017

Erdogan helped Iran evade US Sanctions, Zarrab claims

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. A trial playing out in New York is being watched carefully in Turkey. That’s where a banker accused of helping to launder money for Iran is from. And wrapping up his testimony on […]
December 6, 2017

Iraq to import more natural gas from Iran

TEHRAN- Iraq will increase its import of Iranian natural gas which started earlier this year.
December 6, 2017

Iraq to import more natural gas from Iran

TEHRAN- Iraq will increase its import of Iranian natural gas which started earlier this year.
December 6, 2017

India to export container cargo to Russia via Iran from Jan.

TEHRAN- India will start export of container cargo to Russia via Iran from January 2018, S. Kumar, the commissioner of Indian Central Board of Excise and Customs (CBEC), announced.
December 6, 2017

India to export container cargo to Russia via Iran from Jan.

TEHRAN- India will start export of container cargo to Russia via Iran from January 2018, S. Kumar, the commissioner of Indian Central Board of Excise and Customs (CBEC), announced.
December 6, 2017

Transit of goods via Iran rises 21% in 8 months

TEHRAN- Transit of goods via Iran rose 21 percent during the first eight months of the current Iranian calendar year (March 21-November 21) compared to the same period of time in the past year, according to a transport official.