September 12, 2017

Major Terminal under Construction at Astara Port

The executive director of the Astara Development Project said a terminal with an annual loading and unloading capacity of 2.5 million tons of grain and other commodities is being constructed at Astara Port in northern Iran. “The dedicated capacity of this port (Astara Port) has been designed for 2.5 million tons per year and now […]
September 12, 2017

Calls for Iran-Venezuela Joint Economic Commission

Iranian President Hassan Rouhani said formation of a joint economic commission would greatly help expand Tehran-Caracas relations. “The establishment of a joint economic commission between the two countries is an important step to further strengthen mutual cooperation (between Iran and Venezuela),” Rouhani said in a meeting with his Venezuelan counterpart Nicolas Maduro in Kazakhstan’s capital […]
September 12, 2017

PRTC in Alliance with 8 Foreign Firms

Iran’s Petrochemical Research and Technology Company (PRTC) has teamed up with 8 foreign companies aiming at technology transfer to the country, PRTC managing director says. Esmaeil Ghanbari said his company seeks innovation and development in the sector by establishing new ties with international companies. Speaking to Mashal Monthly, Ghanbari said PRTC has recently inked 8 […]
September 12, 2017

Iran’s Top Diplomat Due in Russia Wednesday

Iranian Foreign Minister Mohammad Javad Zarif will travel to Russia on Wednesday for a series of diplomatic talks with Russian officials, a spokesperson said. Heading a delegation, Zarif is going to visit Russia’s southwestern city of Sochi, Iranian Foreign Ministry Spokesman Bahram Qassemi announced. The senior Iranian diplomat is scheduled to leave Tehran for Sochi […]
September 12, 2017

New Career Opportunities in Iran

By John Lee. The United Nations has advertised new jobs in Iran: Facilitation of an Introductory Workshop on Neonatal Health, United Nations Children’s Fund (UNICEF) Procurement/Admin Intern, United Nations Development Programme (UNDP) Expert Trainer for ToT in participatory Program Cycle Management, Relief International Monitoring and Evaluation Coordinator, Danish Refugee Council (DRC) Hub Officer, Danish Refugee Council […]
September 12, 2017

Competing with Giants: An Example of a Thriving Iranian Startup

Can up-and-coming local startups compete with well-known international tech companies? In this article we’re going to take a look at Dunro, an Iranian location-based app similar to Foursquare. 

The post Competing with Giants: An Example of a Thriving Iranian Startup appeared first on TechRasa.

September 12, 2017

Iran hopes to improve trade balance with Brazil

TEHRAN- Iran hopes to improve its trade balance with Brazil through exporting some highly required products to the Latin American country, Kaveh Zargaran, the head of Iran-Brazil Joint Chamber of Commerce, told Tehran Times in a telephone interview on ...
September 11, 2017

Japan Opens Letter of Credit for Methanol Project

Japan is planning to open letters of credit worth up to €230 million for construction of Iran’s Apadana Persian Gulf Petrochemical Plant, which will need 462 million euros in finances for completion, the plant’s managing director says. Touraj Arounaqhi said a portion of the required investment will be supplied by Japanese companies to Persian Gulf […]
September 11, 2017

Iranian Foreign Ministry set for Sweeping Change

By Saeid Jafari for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Foreign Minister Mohammad Javad Zarif is planning to implement some structural changes in the Iranian Foreign Ministry as he begins his second term in office — and it is not clear how successful these […]
September 11, 2017

Persian Rugs back to Brighten World Markets

By Maysam Bizaer for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. After Years of Sanctions, Persian Rugs back to Brighten World Markets Iran’s capital city hosted the world’s largest and most prestigious handmade carpet exhibition Aug. 23-29. Hamid Kargar, the head of Iran National Carpet Center, told Al-Monitor, “About […]
September 11, 2017

Talks on Iran-EAEU Partnership in Final Phase

Russia’s First Deputy Prime Minister Igor Shuvalov said talks with Iran over its partnership with the Eurasian Economic Union (EAEU) are nearing an end. “We are in talks with Singapore and we are close to conclusion of negotiations with Iran,” Shuvalov said on Wednesday, the Tass news agency reported. Iran and the EAEU negotiated for […]
September 11, 2017

Iran Sees Japan as Strong Trade Partner

Iranian Foreign Minister Mohammad Javad Zarif hailed the recent agreements signed with Japan, saying the two countries can forge a strong political and economic partnership given the high level of security and stability in Iran. The Iranian foreign minister and the Japanese prime minister’s envoy, Masahiko Komura, discussed a range of issues in a meeting […]
September 11, 2017

Sepehri appointed NIDC’s new managing director

TEHRAN – Sepehr Sepehri was appointed as the new managing director and board chairman of National Iranian Drilling Company (NIDC), Shana reported on Monday.
September 11, 2017

Iran sells crude oil at $50.93 per barrel in a week

TEHRAN- Iran sold its light crude oil at $50.93 per barrel in the week ended on September 1, with seven cents decrease from its previous week, IRNA reported on Saturday.
September 11, 2017

Afghanistan seeks speedy development of Iranian port

Afghanistan's foreign minister asks India to expedite development of a strategic port in Iran to bolster a trade route for land-locked Central Asian countries that would bypass Pakistan.
September 11, 2017

Britain thinking of Iran’s market after Brexit: Iranian envoy

TEHRAN- In a meeting with Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafeie, Iran’s Ambassador to London Hamid Baeidinejad said that since Britain is due to leave the EU, it is looking for new markets including Iran’s lucrative one.
September 11, 2017

Iran Mobile Network Operators Market Share – June 2017

Latest statistics on mobile network operators market share have been released by the Iranian ICT Ministry. These statistics reveal heavy improvements over the past four years with 41.1 million mobile broadband subscribers.

The post Iran Mobile Network Operators Market Share – June 2017 appeared first on TechRasa.

September 11, 2017

Iran raises October light crude price for Asia

TEHRAN – Iran has raised its light crude’s official October selling prices for Asia by $0.48 to set 50 cents above the Oman/Dubai average for the same month, Reuters reported quoting an industry source with direct knowledge of the matter.
September 11, 2017

Oberbank to ink deal with Iran on Sept. 21

TEHRAN- Austria’s Oberbank will sign a deal with the Central Bank of Iran (CBI) on September 21 to finance Austrian projects in Iran, the bank’s chief executive has said.
September 10, 2017

Annual dairy output to exceed 10m tons by Mar. 2018

TEHRAN- Iran’s annual dairy production is anticipated to reach over 10 million tons in the current Iranian calendar year (which ends on March 20, 2018), ISNA reported on Sunday quoting Deputy Agriculture Minister Hassan Rokni as saying.