November 25, 2017

Iran towards renewing intellectual property rights

Iran has a specific focus on increasing economic growth rate and seeks the target via reducing its reliance on oil revenues, as well as fostering a knowledge-based economy which is believed to have a high positive impact on increasing domestic production.
November 25, 2017

Iranian railway development needs $28b investment: transport min.

TEHRAN- Development of Iran’s railway requires $28 billion investment, Transport Minister Abbas Akhoundi announced on Saturday.
November 25, 2017

Iran to Boost Gas Exports to Iraq

A top Iranian energy official unveiled plans for a rise in natural gas exports to neighboring Iraq next year. In an interview with Tasnim on Saturday, Managing Director of the National Iranian Gas Company (NIGC) Hamid Reza Araqi said the country’s exports of natural gas to Iraq will increase during the spring and summer of […]
November 25, 2017

Imprudent Foreign Financing could Jeopardize Economy

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. Facilitating foreign financing has been among the top items on Iranian President Hassan Rouhani’s agenda since the signing of the nuclear deal in 2015. Under the current circumstances, with domestic lenders grappling with a credit […]
November 25, 2017

Iran, Bolivia Consider Technological Cooperation

Top Iranian and Bolivian officials discussed plans for interaction in diverse technological and industrial projects, particularly in nanotechnology. In a meeting with Bolivia’s president on the sidelines of the fourth summit meeting of the Gas Exporting Countries Forum (GECF) in Santa Cruz de la Sierra on Friday, Iran’s First Vice-President Eshaq Jahangiri said the Islamic […]
November 25, 2017

Inflation rate stands at 8.4% 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 eighth Iranian calendar month of Aban (November 21) compared to the same period in the previous year hit 8.4 percent.
November 25, 2017

Tehran hosting 17th intl. household appliances expo

TEHRAN- The 17th International Exhibition of Household Appliances became operational in the presence of Iranian Industry Minister Mohammad Shariatmadari on Thursday at Tehran International Permanent Fairgrounds.
November 25, 2017

JCPOA good chance for expanding Norway’s economic ties with Iran

TEHRAN- Secretary general of Norway's Ministry of Foreign Affairs called implementation of Iran’s nuclear deal- known as Joint Comprehensive Plan of Action (JCPOA)- a good opportunity for Norway to boost economic bonds with Iran, IRNA reported.
November 25, 2017

PTA a key to promote Iran’s competitiveness

Preferential tariff refers to tariff favoring the products of one country preferential to another. Under a Preferential Trade Agreement (PTA) the customs duties for selected imported goods are lower or totally eliminated.
November 24, 2017

Iran plays leading role in making world energy policies

TEHRAN- Addressing the 4th Gas Exporting Countries Forum (GECF) Summit in Bolivia, Iranian First Vice-President Es’haq Jahangiri stressed the role of Iran in making global energy policies, IRNA reported on Friday.
November 23, 2017

Iran’s First VP to Attend 4th GECF Gas Summit

Iranian First Vice-President Eshaq Jahangiri left Tehran for Santa Cruz de la Sierra, Bolivia, to attend the fourth summit meeting of the Gas Exporting Countries Forum (GECF). During his stay in Bolivia, Jahangiri is expected to hold bilateral meetings with members of other participating countries on a range of issues, including gas and energy ties. […]
November 23, 2017

Why UK-US Divide on Iranian Nuclear Deal Matters

By Kasra Aarabi for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iran Business News.  European powers, most notably Britain, have rebuffed US President Donald Trump’s Oct. 13 refusal to certify that the landmark nuclear agreement with Iran meets congressional requirements. Issuing a joint […]
November 22, 2017

177 Iranian, foreign companies to attend ibex 2017 in Tehran

TEHRAN- The 11th International Flour and Bakery Industry Exhibition (ibex 2017) will start operation on Thursday with participation of 139 Iranian and 38 foreign companies, Tasnim news agency reported on Wednesday.
November 22, 2017

ICCIMA explores further avenues of co-op with Austria

TEHRAN- In a Tuesday meeting between Austria’s minister for science, research, and economy and the visiting head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), the two sides discussed expansion of bilateral economic ties, IRNA...
November 22, 2017

Iran luring its Asian oil buyers by discounts

TEHRAN- Iran is offering discounts to the Asian customers of its crude oil in a bid to retain them.
November 22, 2017

Iran’s monthly crude steel output up 24% yr/yr: WSA

TEHRAN- Iran produced 1.98 million tons of crude steel during October 2017, with a 24.2 percent rise from 1.597 million tons in the same month last year, according to the World Steel Association (WSA).
November 22, 2017

Iran’s monthly crude steel output up 24% yr/yr: WSA

TEHRAN- Iran produced 1.98 million tons of crude steel during October 2017, with a 24.2 percent rise from 1.597 million tons in the same month last year, according to the World Steel Association (WSA).
November 22, 2017

Iran luring its Asian oil buyers by discounts

TEHRAN- Iran is offering discounts to the Asian customers of its crude oil in a bid to retain them.
November 22, 2017

177 Iranian, foreign companies to attend ibex 2017 in Tehran

TEHRAN- The 11th International Flour and Bakery Industry Exhibition (ibex 2017) will start operation on Thursday with participation of 139 Iranian and 38 foreign companies, Tasnim news agency reported on Wednesday.
November 22, 2017

New US Sanctions over Iran: Full Details

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated a network of individuals and entities involved in a large-scale scheme to help Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) counterfeit currency to support its destabilizing activities. This network employed deceptive measures to circumvent European export control restrictions and procured advanced […]