October 24, 2017

Iran Expo 2017 to host over 500 companies

TEHRAN – The second edition of Exports Capabilities Exhibition of Islamic Republic of Iran (Iran Expo 2017) is due to be held at Tehran’s Shahre Aftab International Exhibition Center from October 31 to November 3, IRNA reported on Monday.
October 23, 2017

Blue Whale Challenge Took the Lives of Two Iranian Girls

Blue Whale Challenge took the lives of two Iranian girls. The girls were 17 and 18 years old from Isfahan, one of the provinces of Iran.

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October 23, 2017

TSE moves to bridge foreign investment gap

Tehran Stock Exchange (TSE) hosted a conference on Sunday to attract more foreign capital via introducing foreigners to Iranian capital market and making Iranian firms aware of the pre-requisites for attraction of foreign investments such as financial ...
October 23, 2017

Iran, S. Africa pen document on economic, banking co-op

TEHRAN- Iran and South Africa signed a document on cooperation in banking, development and investment, biotechnology, nanotechnology, agriculture, transportation, fisheries, beekeeping and shipping, IRNA reported on Monday.
October 23, 2017

Competitive advantage a key for railway development

TEHRAN- Creation of competitive advantage is the key for railway development in Iran, according to Saeed Mohammadzadeh, the managing director of Islamic Republic of Iran Railways (known as RAI).
October 23, 2017

UK firm to invest €1.8b in building cancer centers in Iran

TEHRAN - International Hospitals Group (IHG), a UK-based healthcare services company, has signed a memorandum of understanding worth €1.8 billion with Iran to finance the construction of a network of cancer centers in the country, Iran’s ambassador to the UK, Hamid Baeidinejad, said.
October 23, 2017

Iran, Italy sign Gas Deal

Italy’s Ansaldo Energia has signed a memorandum of understanding (MoU) with several subsidiaries of the National Iranian Oil Company (NIOC) for converting flare gas into electricity at the supergiant South Pars Gas Field. In its first phase, the Italian company will produce 600 MW electricity and in the second phase about 1,000 MW electricity will […]
October 23, 2017

Pergas Submits Proposal for Developing Irans Karanj Oilfield

Pergas Consortium, a group of international oil and gas companies, submitted its development proposals for Karanj Oilfield, a reservoir in Khuzestan Province. Bijan Alipour, managing director of the National Iranian South Oil Company, made the statement on the sidelines of a meeting with Pergas officials, including Colin Rowley, in Tehran on Tuesday, the National Iranian […]
October 23, 2017

Iran, Turkey Sign Deals in Scientific, Environmental Areas

High-ranking officials from Iran and Turkey inked two agreements in a bid to boost cooperation between the two neighboring countries in diverse fields, including science and technology as well as environment. The documents were signed during a meeting in Ankara on Thursday attended by visiting Iranian First Vice-President Eshaq Jahangiri and Turkish Prime Minister Binali […]
October 22, 2017

IRISL’s fleet average life to decrease to 16 years in Mar. 2018

TEHRAN- Through the arrival of the first vessel Iran has purchased from South Korea on March 2018, the average life of the Islamic Republic of Iran Shipping Lines (IRISL)’s fleet will be reduced to 12 years from the current 16 years, according to IRISL managing director.
October 22, 2017

Exports from industry, mining sectors shows up to 300% rise in H1

TEHRAN – The exports of 35 Iranian products from industry and mining sectors rose from 10% to 300% during the first six months of the current Iranian calendar year (March 21-September 22), the portal of Trade Promotion Organization (TPO) of Iran reported.
October 22, 2017

Iran-China trade turnover exceeds $24b in 8 months

TEHRAN – The value of trade between Iran and China registered a 24 percent rise in the first eight month of 2017 to exceed $24 billion, Tasnim news agency reported.
October 22, 2017

Tehran to host 230 firms in intl. leather exhibit

TEHRAN- The Fourth International Exhibition of Footwear, Bag, Leather and Related Industry of Iran, which is going to be held in Tehran from October 25 to 28, will host 230 Iranian and foreign companies.
October 22, 2017

Korean companies to build dam in west of Iran

TEHRAN- South Korea will construct a dam in west of Iran, South Korean Ambassador to Tehran Kim Seung told IRIB news in an exclusive interview.
October 22, 2017

Mobile Internet Usage in Iran Rises with the Growth of Social Media Users

Internet data services by Iranian mobile networks are accountable for 11% of the total revenue from the country’s communication sector. 

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October 22, 2017

Iran-Turkey trade to hit $30b soon

TEHRAN- Iranian First Vice-President Es’haq Jahangiri and Turkish President Recep Tayyip Erdogan stressed that through the all-out planning underway by the two countries the target of $30-billion bilateral trade will be achieved soon.
October 22, 2017

Iran-South Africa business forum to be held in Pretoria

TEHRAN – An Iran-South Africa business forum is due to be held at the Department of International Relations and Cooperation (DIRCO) office in Pretoria on Monday, CNBC Africa reported.
October 22, 2017

Saffron exports up over 16% in 5 months

TEHRAN- The value of Iran’s saffron exports during the first five months of the current Iranian calendar year (March 21-August 22) rose 16.22 percent compared to the same period of time in the previous year, IRNA reported.
October 22, 2017

Norwegian Firm Signs $2.9bn Solar Deal with Iran

Norway’s Saga Energy has signed a 2.5 billion-euro ($2.94 billion) deal to build solar power plants in Iran, the company said. Saga inked the preliminary agreement with Iran’s state-owned Amin Energy Developers on Tuesday. The deal would see the construction over a four- to five-year period of 2 gigawatts of power generation capacity, Saga Energy […]
October 22, 2017

Iran Ready to Supply Uzbekistan’s Energy Needs

Iranian President Hassan Rouhani expressed the country’s readiness to meet Uzbekistan’s demands for energy. In a meeting with Uzbek Foreign Minister Abdulaziz Komilov in Tehran on Wednesday, Rouhani said Iran is prepared to satisfy Uzbekistan’s demands for energy and provide the Central Asian nation with technical and engineering services. Highlighting Iran’s advances in new technologies, […]