August 22, 2017

Iran Eyes over $50bn Worth of Oil Contracts

Iranian Oil Minister Bijan Namdar Zanganeh said he would make efforts to pave the grounds for signing $50 to $60 billion worth of oil and gas contracts with foreign companies by the end of the current Iranian year (March 20, 2018). Speaking to the Islamic Republic of Iran Broadcasting (IRIB) on Sunday night, Zanganeh, who […]
August 22, 2017

Foreign Funds for Irans Oil Sector a Top Priority

Attracting foreign investment for Iran’s oil sector will continue to be a top priority during President Hassan Rouhani’s second term, Iranian Oil Minister Bijan Zanganeh said on Sunday. “Attracting foreign investment and technology is a priority for us in the oil industry, whether in shared fields or for increasing the production of oil at fields […]
August 22, 2017

Iranian Labour Market on Path to Gender Transformation

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. Iranian society has undergone tremendous change in past decades, with women continuously playing a role in this transformation. Indeed, Iranian women have long sought a more active presence in society, gradually distancing themselves from the […]
August 22, 2017

Future of Africa’s E-Commerce in the Upcoming Years

If you’ve ever wondered what’s going on with the future of E-commerce in Africa, this article would help you understand more about this market.

The post Future of Africa’s E-Commerce in the Upcoming Years appeared first on TechRasa.

August 22, 2017

Ceylon tea: A journey to the land of green magic

When earlier this month I got an invitation to attend the 150th anniversary of Ceylon tea industry in Sri Lanka, I didn’t know much about the country.
August 22, 2017

Ceylon tea: A journey to the land of green magic

When earlier this month I got an invitation to attend the 150th anniversary of Ceylon tea industry in Sri Lanka, I didn’t know much about the country.
August 22, 2017

Iran sells light crude oil at $51.39 in a week

TEHRAN – The price of Iran’s light crude oil stood level at $51.39 during the week ended on August 11, a range similar to the previous week, IRNA reported on Tuesday.
August 22, 2017

Rosneft inherits Essar oil’s $2.4b debt to Iran

TEHRAN – Russian oil major Rosneft and its partners - global trader Trafigura and Russian fund UCP – sealed a $12.9 billion deal with India’s Essar oil on Monday based on which the Russian side purchased a 98.26 percent stake in the Indian company.
August 22, 2017

Iran sells light crude oil at $51.39 in a week

TEHRAN – The price of Iran’s light crude oil stood level at $51.39 during the week ended on August 11, a range similar to the previous week, IRNA reported on Tuesday.
August 22, 2017

Rosneft inherits Essar oil’s $2.4b debt to Iran

TEHRAN – Russian oil major Rosneft and its partners - global trader Trafigura and Russian fund UCP – sealed a $12.9 billion deal with India’s Essar oil on Monday based on which the Russian side purchased a 98.26 percent stake in the Indian company.
August 22, 2017

Iran’s daily gas exports hit 42mcm

TEHRAN- National Iranian Gas Company (NIGC) Managing Director Hamid Araqi announced that the country’s gas export has hit 42 million cubic meters (mcm) per day, Shana reported on Tuesday.
August 22, 2017

Iran’s daily gas exports hit 42mcm

TEHRAN- National Iranian Gas Company (NIGC) Managing Director Hamid Araqi announced that the country’s gas export has hit 42 million cubic meters (mcm) per day, Shana reported on Tuesday.
August 22, 2017

Ministers outline top economic, energy policies

TEHRAN- Iranian Parliament (Majlis) on Sunday approved 16 cabinet members nominated by recently re-elected President Hassan Rouhani, including minister for oil Bijan Namdar Zanganeh, transport and urban development Abbas Akhoundi, and finance and economic affairs Masoud Karbasian, whose top priorities for their ministries come as follows. 
August 22, 2017

Ministers outline top economic, energy policies

TEHRAN- Iranian Parliament (Majlis) on Sunday approved 16 cabinet members nominated by recently re-elected President Hassan Rouhani, including minister for oil Bijan Namdar Zanganeh, transport and urban development Abbas Akhoundi, and finance and economic affairs Masoud Karbasian, whose top priorities for their ministries come as follows. 
August 22, 2017

Asgari appointed acting head of Customs Administration

TEHRAN- Foroud Asgari, a former deputy in Islamic Republic of Iran Customs Administration (IRICA), was appointed as the acting head of IRICA, IRNA reported on Monday.
August 22, 2017

Asgari appointed acting head of Customs Administration

TEHRAN- Foroud Asgari, a former deputy in Islamic Republic of Iran Customs Administration (IRICA), was appointed as the acting head of IRICA, IRNA reported on Monday.
August 22, 2017

Inpex to Return to Azadegan Oil Field?

Japan’s biggest oil and gas explorer Inpex Corp might participate in a tender to develop the Azadegan oil field in southwestern Iran and form a consortium with other foreign oil firms to that end, a high-ranking Iranian official said. If Inpex gets involved in the Azadegan again — after giving up its stake in the […]
August 22, 2017

Zanganeh Re-elected for Another 4 Years

Bijan Namdar Zanganeh was reappointed as the Minister of petroleum by obtaining 230 votes in favor, in parliament (Majlis) on Sunday. He has gained the majority of MP’s vote of confidence and has re-elected as the Minister of Petroleum in the cabinet of President Hassan Rouhani for another 4 years. Bijan Zangeneh was born on […]
August 22, 2017

Essar Oil’s Iran Debt expected to be Paid

By John Lee. India’s Essar Group has completed the sale of its 98.26-percent holding in Essar Oil to Russia’s Rosneft and partners. Rosneft will take a 49.13 percent stake in Essar Oil, with a consortium of Trafigura and United Capital Partners (UCP) taking an equal stake, Essar Oil said in a statement. Essar Oil still owes […]
August 22, 2017

Saudi Arabia engages Iraq to Iran’s Dismay

By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Pictures displaying Iran’s Quds Force commander Gen. Qasem Soleimani during the battles with the Islamic State stopped circulating online with the military phase that ended in the liberation of Mosul. The Iranian presence and […]