August 15, 2017

Iran steps up Pressure on Iraqi Kurds to Halt Referendum

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 and the Kurdistan Regional Government (KRG) have become entangled in a war of words as the referendum on Iraqi Kurdistan’s independence nears. Both sides are now making veiled threats, which — if they […]
August 14, 2017

MTN Repatriated 893 Million Euros From Irancell

Since the lifting of the sanctions, MTN has repatriated around 893 million euros of its money from Iran. The company is also investing heavily in Iran’s telecom infrastructure.

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August 14, 2017

TEDPIX lost 2 points in a day

TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) slid two points to end Monday’s trade at 81,659, Tasnim news agency reported.
August 14, 2017

Liquidity near $345b in a month

TEHRAN- Iran’s liquidity stood at 13.14 quadrillion rials (about $344.8 billion) during the third Iranian calendar month of Khordad (May 22-June 22, 2017), according to a report released by the Central Bank of Iran (CBI).
August 14, 2017

Rail freight transport in Iran up 55%

TEHRAN - Transit of goods via railway network rose 55 percent in Iran since the beginning of the current Iranian calendar year (March 21) until August 8, compared to the same period last year.
August 14, 2017

Iran-US Bilateral Trade Drops by 29% in 6 Months

The total value of trade exchanges between Iran and the US over the first half of 2017 has decreased by 29 percent, according to the latest data released by the US Census Bureau. The bilateral trade between the Islamic Republic and the US from January to June amounted to $77.2 million, showing a 29% drop, […]
August 14, 2017

Iranians find shortcut to EU visas

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. Iranians who wish to travel to the European Union face myriad challenges, in particular obtaining visas. Indeed, the state of political relations between Tehran and the EU states has made the visa application process […]
August 14, 2017

Japanese FM Calls for Closer Tehran-Tokyo Economic Ties

Japanese Foreign Minister Taro Kono underscored the importance of enhanced bilateral relations between Tehran and Tokyo in various fields, economy in particular, following the removal of anti-Tehran sanctions. Japan’s policy towards the Islamic Republic continues to be based on the development of all-out ties with Tehran, Kono said in a meeting with Iran’s Deputy Foreign […]
August 14, 2017

92% of predicted VAT earned in 4 months

TEHRAN- Iran could earn 92 percent of its expected Value Added Tax (VAT) in the first four months of the current Iranian calendar year (March 21- July 22, 2017), an official in the country’ National Tax Administration was quoted by Tasnim news agency on Sunday.
August 14, 2017

Beans annual output to grow 7% by Mar. 2018

TEHRAN- Iran’s production of beans is expected to grow seven percent by the end of the present Iranian calendar year (March 20, 2018), an official from the country’s ministry of agriculture announced on Sunday.
August 14, 2017

Fara Bourse’s main index up 1.2 points in a day

TEHRAN- IFX, the main index of Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), rose 1.2 points to 920 on Sunday, Tasnim news agency reported.
August 13, 2017

Total’s deal ‘breaks the ice’, Iran says

TEHRAN- Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia has said that the deal with Total breaks the ice of foreign investment in Iran’s economy.
August 13, 2017

Telegram Channels Break the Record Number of Farsi Content over the Internet

According to the Head of the Research Center at Iran's National Center for Cyberspace, Telegram channels have broken records for the number of Farsi content over the Internet.

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August 12, 2017

Iran to hold exclusive food exhibit in Qatar in mid-Sept.

TEHRAN- Iran International Exhibition Company is to hold an exclusive exhibition on Iran’s foodstuff in Qatar in mid-September, IRIB news reported on Saturday.
August 12, 2017

Tehran hosting 1,278 companies in intl. building expo

TEHRAN- Iran’s 17th International Exhibition of Building and Construction Industry (Iran Confair 2017), with participation of 1,278 Iranian and foreign companies, started operation on Saturday.
August 12, 2017

Istanbul to host exclusive exhibition of Iranian goods in late Oct.

TEHRAN- CNREXPO Istanbul will host exclusive exhibition of Iranian goods from October 25 to 28, ILNA reported on Saturday.
August 12, 2017

ICCIMA to dispatch trade delegation to Croatia next month

TEHRAN- Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) will send a trade delegation to Croatia from September 20 to 22, ICCIMA portal announced.
August 12, 2017

Iran’s SEO, India’s SEBI ink MOU on bilateral co-op

TEHRAN- Iran’s Securities and Exchange Organization (SEO) and Securities and Exchange Board of India (SEBI) signed a memorandum of understanding (MOU) on mutual cooperation and technical assistance.
August 12, 2017

Norway’s DNO submits Iran’s oilfield development study results

TEHRAN- The Norwegian oil and gas company, DNO, submitted the results of its study on development of Changouleh oilfield in western Iran to Iranian National Oil Company (NIOC) on Saturday, Shana reported.
August 12, 2017

Stockholm to Hold the First Nordic Iranian Business Forum

The 1st Nordic-Iranian Business Forum (NIBF) will be held on 20-21 of November in Stockholm, Sweden. Iranian corporates and startups in various fields including ICT are expected to attend this event.

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