October 7, 2017

Iranian, French agro ministers discuss broadening of ties

TEHRAN- Iranian Agriculture Minister Mahmoud Hojjati and his French counterpart Stéphane Travert discussed increasing ties in a meeting in Paris, the website of Iran’s Ministry of Agriculture reported on Thursday.
October 7, 2017

Iran, Ukraine interested in setting up joint agricultural companies

TEHRAN- In a meeting between an Iranian delegation visiting Kyiv and the Ukrainian Chamber of Commerce and Industry, the two sides expressed interest in establishment of joint agricultural companies.
October 6, 2017

U.S. exports to Iran more than triple

TEHRAN- Exports of the U.S. to Iran tripled in August, 2017 and reached $34.7 million, compared to the same period in the preceding year when the figure was $10.8 million.
October 6, 2017

Iran, Turkey sign 4 Cooperation Pacts

Iran and Turkey have signed four Memorandums of Understanding (MoUs) to deepen relations between the two countries: between the Iranian Ministry of Economic Affairs and Finance and the Turkish Ministry of Customs and Trade; between the Central Bank of Iran (CBI) and the Turkish Central Bank; between the National Library of Iran and the Turkish […]
October 6, 2017

Pakistan to Import Additional Power from Iran

By John Lee. The government of Pakistan is considering importing 100 MW of additional electricity from Iran. According to a report from Pakistan Today the additional power would be used to meet the growing demand for electricity in Gawadar city. At present, power demand in the Gawadar area is met through import of 104 MW […]
October 6, 2017

Iranian Startups Thrive Despite Sanctions

Keeping the competition out: Iran startups thrive despite sanctions Low on cash but high on hope, Iran’s technology entrepreneurs are learning to live with revived hostility in the United States and growing suspicion – or worse – from hardliners at home. Their startups and e-commerce apps are flourishing, driven by government infrastructure support and young […]
October 6, 2017

OPEC compliance with cut deal exceeds 100% in Sept.: Zanganeh

TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh said that OPEC members’ compliance with OPEC, non-OPEC deal to cut oil output slightly exceeded 100 percent in September, Reuters reported citing RIA news agency.
October 6, 2017

Yerevan finishing establishment of FEZ on Iranian border

TEHRAN- Armenian Prime Minister Karen Karapetyan announced that Armenia is completing the establishment of a free economic zone on the border with Iran, ARKA news agency quoted him addressing the opening of the second Eurasian Partnership international...
October 6, 2017

Tehran industry expo hosting 930 companies

TEHRAN – The 17th edition of Tehran International Industry Exhibition kicked off at the Tehran Permanent International Fairgrounds on Friday, IRIB news reported.
October 5, 2017

Turkey to host exclusive expo of Iranian goods in late Oct.

TEHRAN - An exclusive exhibition of Iranian goods and services is due to be held in Turkish capital Istanbul on October 25-28, IRNA reported on Wednesday.
October 5, 2017

Pakistan mulling over raising electricity imports from Iran

TEHRAN – Pakistan is considering the import of 100 megawatts (MW) of additional electricity from Iran to meet the growing electricity demand in Gawadar, Pakistan Today reported on Wednesday.
October 5, 2017

TCCIMA poised to broaden ties with EU

Tehran- During the 4th Europe-Iran Forum, a world class business conference in Zurich, Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Masoud Khansari announced his organization’s readiness for boosting ties with the European Union (EU), the portal of TCCIMA reported on Wednesday.
October 5, 2017

No objection among OPEC nations for extending cuts: Zanganeh

TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh said on Wednesday he saw no objection within OPEC to extending the deal for cutting oil output.
October 5, 2017

NIOC, Lukoil ink 2 MOUs on geological prospecting

TEHRAN - National Iranian Oil Company (NIOC) and Russia’s Lukoil signed two memorandums of understanding (MOUs) on Tuesday for conducting geological prospecting on Caspian Sea’s potential oil fields, Shana reported.
October 5, 2017

Europe-Iran Forum’s message to Trump

The 4th Europe-Iran Forum (EIF) was held amid U.S. President Donald Trump claiming that he may decertify in October the landmark nuclear deal between Iran and world powers under the pretext that the Islamic Republic has not been abiding by its commitme...
October 5, 2017

Half of Iran’s Banks should Close or Merge

By John Lee. Closures and mergers of Iranian banks will be needed to modernise an industry laden with toxic loans, according to one of the country’s top bankers. Reuters reports that Parviz Aghili [Parviz Aghili-Kermani], chief executive of Middle East Bank, estimated that a full re-organisation of the Iranian banking sector’s roughly $700 billion balance […]
October 5, 2017

Tehran Chamber of Commerce opens London Office

An office of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) has been opened in London to attract foreign investment in the Islamic Republic. Speaking at the inauguration of the office, the head of the TCCIMA, Masoud Khansari, said following the 2015 nuclear deal between Tehran and six world powers, also known as […]
October 5, 2017

Iran, Ireland Can Team up in Energy Sector: Speaker

Iranian Parliament Speaker Ali Larijani said Tehran and Dublin can cooperate in energy sector. Addressing a press conference following a meeting with visiting Chairman of the Senate of the Republic of Ireland, Denis O’Donovan, in Tehran on Tuesday, Mr. Larijani said that attracting foreign investments to finance projects on renewables and clean energies is a […]
October 5, 2017

Iran-Serbia Joint Commission holds 1st Meeting

The first meeting of Iran-Serbia Joint Consular Commission was held in Tehran on Tuesday, October 3. The meeting was headed by Ali Chegeni, the Iranian foreign ministery’s director-general for consular affairs, and Aca Jovanovic, the Serbian assistant foreign minister for consular affairs. During the meeting, the Iranian and Serbian consular delegations conferred on ways to […]
October 5, 2017

Iran’s Pressure on Kurds could Backfire

By Fazel Hawramy, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iran devoted enormous energy to try to prevent Iraqi Kurds from holding their Sept. 25 independence referendum, accusing the Kurdish leadership of recklessness and endangering the stability of the region. Having failed in that […]