November 5, 2017

Electricity generation capacity rises by 193 MW

TEHRAN - Electricity generation capacity in Iran has increased by 193 megawatts (MW) to 77,446 MW since the beginning of the current Iranian calendar year (March 21, 2017), Tasnim news agency reported on Sunday.
November 5, 2017

$712m of foreign investment projects ratified

TEHRAN - Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) has approved 31 new foreign investment projects, worth $712 million.
November 5, 2017

Iran to offer $35b of investment opportunities to foreigners in IEIO 2017

TEHRAN- Above $35 billion of investment opportunities will be presented to foreign investors during IRAN Economic & Investment Opportunities Forum (IEIO 2017), which is to be held on November 25-28, IRIB news quoted the event’s executive secretary on S...
November 5, 2017

Iran’s intl. electricity exhibit hosting 768 companies

TEHRAN – Hosting 768 foreign and domestic companies, the 17th Iran International Electricity Exhibition (IEE) kicked off on Saturday at Tehran Permanent International Fairgrounds, IRNA reported.
November 5, 2017

Car manufacturing stands at 900,000 in 7 months

TEHRAN- Iranian carmakers manufactured 900,000 vehicles during the first seven months of the current Iranian calendar year (March 21-October 22), Deputy Industry Minister Mohsen Salehinia announced.
November 4, 2017

12 to 15 Million Smartphones Have Been Sold in Iran in the past Year

According to the new official statistics, 12 to 15 million smartphones have been sold in Iran in the past year. Most of these smartphones are illegally imported into the country.

The post 12 to 15 Million Smartphones Have Been Sold in Iran in the past Year appeared first on TechRasa.

November 4, 2017

Intl. construction, mining expo underway in Tehran

TEHRAN - The 13th International Trade Fair for Construction Machinery and Vehicles, Mining, Building Material Machines and Natural Stone Industry (IranConMin 2017) kicked off at Tehran Permanent International Fairgrounds on Saturday.
November 4, 2017

Armenia seeking gas supply from Turkmenistan via Iran

TEHRAN- Armenia has a trilateral agreement on natural gas supply from Turkmenistan via Iran on the agenda of discussions.
November 4, 2017

India-Afghanistan trade via Chabahar not against Pakistan

TEHRAN- Pakistan’s Foreign Office said the country does not regard Iran, India and Afghanistan’s endeavor to use Iranian southeastern port of Chabahar for bilateral trade as an alliance against the country and the China-Pakistan Economic Corridor (CPEC...
November 4, 2017

Petchem production up 9% in Iran

TEHRAN- Petrochemical production in Iran has risen nine percent since the beginning of current Iranian calendar year (March 21) compared to the same period of time in the past year, according to Ali-Mohammad Bossaqzadeh, the production control director...
November 3, 2017

Iran on verge of becoming electricity hub in region

TEHRAN – Iranian Deputy Energy Minister Sattar Mahmoudi said Iran aims to become an official power hub in the region as it is playing a crucial role in supplying electricity to its neighbors and beyond.
November 3, 2017

Iran-Germany 1st trade center inaugurated in Tehran

TEHRAN- The first Iran-Germany trade center was opened in Tehran on Thursday under the supervision of Iran-Germany Joint Chamber of Commerce, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.
November 3, 2017

North-South Corridor Economically Viable: Russian President

Russian President Vladimir Putin said that North-South Corridor is economically viable, adding that Tehran, Moscow and Baku plan to enhance their cooperation on the corridor. In a joint news conference following the second trilateral summit of Iran, Russia and Azerbaijan in Tehran on Wednesday, Putin said the three countries intend to have good cooperation on […]
November 3, 2017

The Human Mules Of Iraq, Circumventing Sanctions On Iran

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On the borders of Iraqi Kurdistan, thousands of locals find work carrying contraband goods into Iran. Recently though, the job’s been getting more dangerous thanks to the Kurdish independence referendum. […]
November 3, 2017

Iran Khodro Production Up 14%

By John Lee. Production at Iran Khodro (IKCO) has grown 14 percent in the first seven month of the current Iranian calendar year. The company produced over 390,000 vehicles in the period compared with 342,000 in the same period last year. Its main products were: Peugeot 405: 81,000 units; Peugeot 206: 77,000 units; Peugeot Pars: […]
November 3, 2017

Iraq sees Iran its significant trade partner

TEHRAN- Iraqi Minister of Planning Salman Al-Jumaili said his country considers Iran as its significant trade partner.
November 2, 2017

New Int’l e-Wallet and Foreign Investment Capability

By Behnaz Ranjbar from Yekpay. Unveiling a new international e-wallet and Foreign Investment capability in the Iranian Stock Exchange in Kish INVEX 2017 After years of being cut off from global trade, the Iranian companies and businesses, which are steadily getting used to being reintegrated into the world’s economy, are now gradually enjoying the prospects […]
November 2, 2017

NIOC, Rosneft eye $30bn in Oil, Gas Projects

The head of Russia’s state-controlled oil giant Rosneft said it has signed a road map with the National Iranian Oil Company (NIOC) to implement “strategic” projects in Iran. Igor Sechin said on Wednesday that the deal paved the way for legally-binding documents to be signed within a year, according to Reuters. The output from the […]
November 2, 2017

Iran, Russia ink 6 Oil MoUs

Iran and Russia has signed 6 oil memoranda of understanding (MoUs) in Tehran, the Iranian deputy petroleum minister for international affairs and trading said. Amir Hossein Zamaninia told Shana on Wednesday that the first deal, signed by Iranian Minister of Petroleum Bijan Zangeneh and his Russian counterpart Alexander Novak, outlines strategic Tehran-Moscow cooperation on energy […]
November 2, 2017

New Career Opportunities in Iran

By John Lee. The United Nations has advertised new jobs in Iran: National Consultant for Multicultural Education, United Nations Children’s Fund (UNICEF) Information Communication Technology Officer, United Nations Children’s Fund (UNICEF)...