September 18, 2017

Iran, China Ink $10bn Finance Deal

The CITIC Trust, a major Chinese investment company, signed an agreement with five Iranian banks to open a $10bln line of credit to support construction projects in the Islamic Republic. The agreement was signed between the representatives of CITIC Trust and a consortium of Iranian banks at CITIC Group headquarters in Beijing on Thursday. The […]
September 18, 2017

Swedish Bio-Pharma Firm confirms Iran Order

By John Lee. Swedish biopharmaceutical company Xbrane has confirmed an additional order of Spherotide from Pooyesh Darou, its partner in the Middle East, to a value of SEK 8.5 million ($1.1 million) to be delivered in Q4 2017. With this delivery Xbrane will meet its expected sales during 2017 of approximately SEK 20 million, as […]
September 18, 2017

Norwegian Firm in Talks to Build Solar Power Plants in Iran

The CEO of Norway’s Scatec Solar said the company is in negotiations to build its first solar power plants in Iran. “I wouldn’t like to say by when we (Tehran and Oslo) expect a signed deal but we are actively working on it,” Raymond Carlsen told Reuters on Friday. He added that the initial project […]
September 18, 2017

US Ban on Aircraft Sales to Iran Breach of JCPOA

Ali Akbar Velayati, an international adviser to the Leader of the Islamic Revolution, described a recent decision by the US to block sales of commercial aircraft to Iran as a clear violation of the 2015 nuclear deal between Tehran and world powers. “The US move to ban the sale of aircraft to Iran is definitely […]
September 18, 2017

Video: Uncertainty Persists over US Sanctions against Iran

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Some sanctions against Iran continue to be suspended by the Trump administration, as part of the Obama era nuclear deal. Officials insist this is only an interim measure before a final decision by […]
September 18, 2017

Two Journalists Imprisoned since August: IFJ

From the International Federation of Journalists (IFJ). Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Two Iranian journalists have been imprisoned since August on charges of “acting against national security”. The IFJ joined its affiliate the Association of Iranian Journalists (AoIJ) in condemning their […]
September 18, 2017

Oil Ministry announces priorities

TEHRAN – Developing joint oil and gas fields while paying especial attention to environmental protection are among the main priorities of the Iranian Oil Ministry for the next four years.
September 18, 2017

Iran crude oil price jumps $1.48 in a week

TEHRAN- Iran’s light crude oil price rose $1.48 in the week ended on September 8 to settle at $52.41, Shana reported on Saturday.
September 18, 2017

Tehran to host intl. conference on material cost flow accounting

TEHRAN- The three-day International Conference on Material Cost Flow Accounting (MFCA) is set to be held in the Iranian capital from September 19 to 21, 2017, IRNA reported.
September 18, 2017

Petchem exports over $4.5b in 5 months

TEHRAN- Iran exported over 9 million tons of petrochemical products worth $4.593 billion during the first five months of the current Iranian calendar year (March 21-August 22), IRNA reported on Sunday.
September 17, 2017

Several credit lines expected to be opened for Iran soon: CBI governor

TEHRAN - Central Bank of Iran (CBI) President Valiollah Seif said that Iran expects several credit lines to be opened for the country in near future, IRNA reported on Sunday.
September 17, 2017

Iran May Soon Modify Its Copyright Law

Iran’s Minister of Communications and Technology has recently stated that the copyright law in the country should be revised. A new bill on copyright will soon be presented to the Iranian parliament according to Iran’s ICT Minister. 

The post Iran May Soon Modify Its Copyright Law appeared first on TechRasa.

September 17, 2017

Ukraine’s Imports from Iran Up 30%

The president of the Chamber of Commerce and Industry of Ukraine said the Eastern European country’s imports from Iran increased by 30 percent in 2016 compared to a year earlier. Speaking at the Ukrainian-Iranian business forum, Gennadiy Chyzhykov said from January to May 2017, the volume of Ukrainian exports to the Islamic Republic increased by […]
September 16, 2017

Ukrainian president, PM back expansion of ties with Iran

TEHRAN- "Ukraine’s president, prime minister, and minister of energy back development of bonds with Iran," the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) quoted the eastern European country’s Deputy Minister of Energy and the Coal Industry Galina Karp as saying on Friday.
September 16, 2017

Iran to export polyethylene to Vietnam in 2018

TEHRAN – An Iranian petrochemical complex plans to export near 8,000 million tons of polyethylene to Southeast Asia on a monthly basis in 2018, Platts reported quoting a director of the complex.
September 16, 2017

Iran-Bulgaria business forum slated for early Oct.

TEHRAN – An Iran-Bulgaria business forum is scheduled to be held at Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA)’s building in Tehran on October 3, ICCIMA portal reported.
September 16, 2017

French trade delegation to visit Iran on Sept. 19

TEHRAN – A high-ranking French trade delegation is due to visit Tehran on September 19 to explore avenues of mutual cooperation.
September 16, 2017

Tehran, Mashhad to host Belgian businessmen in early Nov.

TEHRAN - A group of Belgian businessmen will embark on a four-day visit to Iran on November 5 to meet with Iranian counterparts in the cities of Tehran and Isfahan, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) repo...
September 16, 2017

Monthly car output stands at 100,565

TEHRAN- Iranian carmakers manufactured 100,565 vehicles in the fifth Iranian calendar month, Mordad (July 23-August 22), IRIB news reported on Saturday.
September 16, 2017

French trade delegation to visit Iran on Sept. 19

TEHRAN – A high-ranking French trade delegation is due to visit Tehran on September 19 to explore avenues of mutual cooperation.