September 2, 2017

3 Popular Social Media Marketing Practices in Iran

You have decided to enter the Iranian market and now you want to gain exposure for your product or service. Here are three social media marketing practices which many companies in Iran are employing. Many of the old advertising schemes are now considered expensive and inefficient. Instead of spending millions of dollars on TV ads, […]

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September 2, 2017

Iran’s aquaculture ranks 1st in Middle East

TEHRAN- Iran ranks the first in the Middle East in terms of aquaculture production, IRIB reported on Saturday quoting Iran’s Fisheries Production and Trading Union Secretary General Ali-Akbar Khodaei as saying.
September 2, 2017

Iran’s aquaculture ranks 1st in Middle East

TEHRAN- Iran ranks the first in the Middle East in terms of aquaculture production, IRIB reported on Saturday quoting Iran’s Fisheries Production and Trading Union Secretary General Ali-Akbar Khodaei as saying.
September 2, 2017

Electricity generation capacity rises 610 MW in Iran

TEHRAN- The nominal electrify generation capacity has increased 610 megawatts (MW) to 77,038 MW in Iran since the beginning of current Iranian calendar year (March 21, 2017), Tasnim news agency reported on Friday.
September 2, 2017

Electricity generation capacity rises 610 MW in Iran

TEHRAN- The nominal electrify generation capacity has increased 610 megawatts (MW) to 77,038 MW in Iran since the beginning of current Iranian calendar year (March 21, 2017), Tasnim news agency reported on Friday.
September 2, 2017

Loading, unloading at Iranian ports up 3% in a month

TEHRAN- Loading and unloading of goods at ports of Iran rose three percent in the fifth Iranian calendar month Mordad (July 23-August 22) from its previous month, according to the Ports and Maritime Organization of Iran (PMO).
September 2, 2017

Loading, unloading at Iranian ports up 3% in a month

TEHRAN- Loading and unloading of goods at ports of Iran rose three percent in the fifth Iranian calendar month Mordad (July 23-August 22) from its previous month, according to the Ports and Maritime Organization of Iran (PMO).
September 2, 2017

TEDPIX adds 731 points in a week

TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) gained 731 points to 83,272 during the five dealing days (Saturday-Wednesday) of the past Iranian week ended on Friday, Tasnim news agency reported.
September 2, 2017

TEDPIX adds 731 points in a week

TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) gained 731 points to 83,272 during the five dealing days (Saturday-Wednesday) of the past Iranian week ended on Friday, Tasnim news agency reported.
September 2, 2017

Croatian banks keen on expanding ties with Iran

TEHRAN- Governor of Croatian National Bank (HNB) Boris Vujcic in a meeting with Governor of the Central Bank of Iran (CBI) Valiollah Seif in Tehran expressed the tendency of his country’s banks for developing ties with Iran, the official website of CBI reported.
September 2, 2017

12 Banks in Iran-Korea €8-bn Finance Contract

The Managing Director of the Export Development Bank of Iran (EDBI) has said that 12 banks are “agent banks” in the €8-billion Iran-South Korea finance contract. According to the contract signed with the efforts of the Ministry of Economy, the Central Bank, the Organization of Investment, Economic and Technical Assistance of Iran (OIETAI), and 12 […]
September 2, 2017

IAEA Reconfirms Iran’s Compliance with JCPOA

The latest report by the UN nuclear agency confirmed once again that Iran has been honoring its commitments under the Joint Comprehensive Plan of Action, a nuclear agreement between Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany). Iran is honoring the terms of the JCPOA, the International Atomic Energy Agency […]
September 2, 2017

UN Concerned at Condition of Prisoners in Iran

UN expert concerned at condition of prisoners on hunger strike in Iran The United Nations Special Rapporteur on the human rights situation in Iran, Asma Jahangir (pictured), has expressed her deep concern about the situation of a number of prisoners who have been on prolonged hunger strike to protest against their transfer to a high-security […]
September 1, 2017

Iran’s August oil output up 100,000 bpd

TEHRAN – Iranian crude oil production increased by 100,000 barrels per day (bpd) in August from its previous month.
September 1, 2017

Mahshahr Petzone to Launch 7 Infrastructure Projects

The petrochemical companies operating in Mahshahr Special Petrochemical Energy Zone (Petzone) will launch seven infrastructure projects in the region by the end of the current Iranian calendar year (20th March, 2018). Abdolreza Gholami, the Secretary of the strategic council of Mahshahr Petrochemical Companies, said the companies have financed the projects in line with their corporate […]
September 1, 2017

Tehran Refinery Launches Nitrogen Unit

Tehran Oil Refinery has launched what it describes as “a new nitrogen unit in order to save some environment in a Tehran already choking with pollution.” Mohammad Bidar, director of engineering of the refinery, said construction of the unit began in July 2015 with 1,200 cubic meters/hour of capacity which has just come online. He said […]
September 1, 2017

Lukoil, Pertamina propose Plans to Develop Mansouri Oil Field

Proposed plans by Russia’s Lukoil and Indonesia’s Pertamina to develop the Bangestan reservoir of Mansouri oil field have been reviewed by the National Iranian Oil Company’s (NIOC) Supreme Council of Reserves. The Council made comments on the plans and the improvement of the quality of the study and the reduction of existing uncertainties, which ultimately […]
September 1, 2017

Due Diligence in Iran “Can Trigger Sanctions Violations”

The recent settlement agreed between the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and IPSA International Services of Phoenix, Arizona, highlights the risk that companies face when engaging third-party consultants to perform due diligence on counterparties in Iran. So says a paper from Washington-based legal and lobbying firm Akin Gump Strauss Hauer […]
September 1, 2017

Iran-Iraq business forum slated for mid-Sept.

TEHRAN – Tehran is going to host the second round of Iran-Iraq business forum on September 12-13, Tasnim reported on Wednesday quoted Iranian Vice President's Advisor Saeed Owhadi as saying.
August 31, 2017

Russneft eyes Oil Ties with Iran

Russian oil refining major Russneft has signaled keenness to enhance oil ties with Iran especially in crude oil swap projects, an official said. Amir Hossein Zamaninia, Deputy Petroleum Minister for international affairs and trading, said the Russian company has also indicated its willingness to join development projects in Iran’s oil fields including the Azadegan, Maroon, […]