August 12, 2017

France’s Air Liquide Signs Deal for MTP Plant

French industrial gases producer Air Liquide has signed a deal with Iran’s National Petrochemical Company (NPC) to build a 500,000 tons/year methanol-to-propylene (MTP) plant. Owned and operated by Iran’s Petrochemical Research and Technology Company (PRTC), the plant would be built in the southwestern Iranian city of Mahshahr, Shana news agency reported. The agreement was signed […]
August 12, 2017

New Career Opportunities in Iran

By John Lee. The United Nations has advertised new jobs in Iran: Social Policy Specialist, United Nations Children’s Fund (UNICEF) Human Resources and Administration Officer, Norwegian Refugee Council (NRC)  WASH CONSULTANCY, Norwegian Refugee Council (NRC) Human Resources and Administration Coordinator, Norwegian Refugee Council (NRC) Internship – Humanitarian Intern – UNOCHA, UNDP (Source: UN) (Picture credit: Amir1140)
August 12, 2017

India in talks to Develop Chabahar Port

India’s Transport and Shipping Minister Nitin Gadkari said he has held talks with Iranian officials on a range of issues, including the development of Iran’s port of Chabahar. Gadkari said that during his recent trip to Tehran, he held talks with Iranian officials on a wide range of issues, including developing Chabahar Port and funding […]
August 12, 2017

Iran-U.S. trade at $77.2m in 6 months

TEHRAN- Trade between Iran and the U.S. stood at $77.2 million during the first half of 2017, according to the latest report released by American Statistical Association (ASA).
August 12, 2017

SMEs to receive $7.87b of loans by Mar. 2018

TEHRAN- Iranian deputy industry minister announced on Friday that 300 trillion rials (about $7.87 billion) of banking facilities will be paid to domestic small and medium-sized enterprises (SMEs) by the end of the current Iranian calendar year (March 2...
August 12, 2017

TEDPIX adds 313 points in a week

TEHRAN- Tehran Stock Exchange (TSE)’s main index (TEDPIX) gained 313 points to 81,579 in the week ended on Friday, Tasnim news agency reported.
August 11, 2017

Iran rises oil output in July: OPEC

TEHRAN- According to OPEC’s latest monthly report published on August 10, oil production in Iran stood at 3.824 million barrels per day (bpd) in July, an increase of 7,000 bpd from 3.817 million bpd in June, based on secondary sources.
August 11, 2017

Iran’s exports to S. Africa jump 90%

TEHRAN- Iran’s exports to South Africa jumped 90 percent during the past Iranian calendar year (ended March 21, 2017), IRNA quoted an official with the Trade Promotion Organization of Iran as saying.
August 11, 2017

Stock market index rises 265 points in a day

TEHRAN- Stock index climbed 265 points to 81,579 in Iran’s stock exchange market on Wednesday, Tasnim news agency reported.
August 9, 2017

Iran has potential for $25b in technical, engineering exports

TEHRAN- Iran has the potential to export $25 billion worth of technical and engineering services per annum, IRNA reported quoting a director with Iran’s Trade Promotion Organization (TPO) as saying on Wednesday.
August 9, 2017

Iran’s Next ICT Minister Could Be the Youngest Cabinet Member Ever

Mohammad Javad Azari Jahromi, a 35-year-old engineer, could be Iran's youngest cabinet member as the ICT Minister in Rouhani's new government. 

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August 9, 2017

Iran Plans to Award $15bn in New Oil Deals

The next Iranian oil and gas award would be based on the framework of the agreement signed with the French energy giant Total last month over the development of South Pars Phase 11, the deputy director for development and engineering affairs of the National Iranian Oil Company (NIOC) has said. Gholamreza Manouchehri stated that Iran […]
August 9, 2017

SKEC to Upgrade Tabriz Refinery

South Korea’s SK Engineering and Construction Co. (SKEC) signed a heads of agreement on Saturday for a 1.6 billion euro upgrade of the Tabriz refinery in northwest Iran. South Korean National Assembly Speaker Chung Sye-kyun, who was in Tehran to attend President Hassan Rouhani’s swearing-in, oversaw the signing between SKEC, Tabriz Oil Refining Company and […]
August 9, 2017

GIC Signs Agreement with Unit International, Zarubezhneft

Iran’s Ghadir Investment Company has signed a trilateral agreement with Russia’s Zarubezhneft and Turkish energy company Unit International to finance oil and gas development projects. Signed in Moscow on Monday, the deal concerns development of oil and gas projects in or outside of Iran. Based on the agreement, the three companies will form joint ventures […]
August 9, 2017

Mitsubishi to Introduce Hybrid Electric Cars to Iran

Japan’s Mitsubishi Motors will introduce the plug-in-hybrid version of its Outlander sport utility vehicle to the Iranian market as early as fall, a report said. The redesigned Outlander, which curbs use of the conventional engine in favor of the twin electric motors, will be built in Japan and shipped to Iran, according to the report […]
August 9, 2017

Non-oil exports from Shahid Rajaee Port rise 11% in 4 months

TEHRAN- Exports of non-oil products from Shahid Rajaee Port in Iran’s southern Hormozgan Province rose 11 percent during the first four months of the current Iranian calendar year (March 21-July 22) compared to the same period of time in the past year, according to a provincial official.
August 9, 2017

Dairy exports up 70% on year in March-July

TEHRAN- Exports of dairy products from Iran increased 70 percent during the first four months of the current Iranian calendar year (March 21-July 22) compared to the same period of time in the past year.
August 9, 2017

Liquidity grows 24.1% yr/yr

TEHRAN- Iran’s liquidity in the second month of current Iranian calendar year, Ordibehesht (April 21- May 21, 2017), showed 24.1 percent rise compared to the same time in the previous year, Tasnim news agency reported on Tuesday.
August 8, 2017

Video: Isfahan’s Game Development Marathon

Isfahan’s third annual Game Development Marathon was held from August 4th to 6th. This year, 13 teams of developers, designers and artists attended the event and showcased a demo of their games to the judges. Watch this video and see what the teams have to say about their games.

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August 8, 2017

Renault signs EUR 660m Deal with Iran

France’s Groupe Renault has announced the signature of a joint venture agreement with the Industrial Development & Renovation Organization of Iran (IDRO) and PARTO NEGIN NASEH Co, an importer of Renault products in Iran. According to a report from Tasnim, the contract is worth 660 million euro. The proposed joint venture company, of which Renault […]