July 15, 2017

Over $42b needed for uncompleted industrial projects

TEHRAN – Iranian Deputy Minister of Industry, Mining and Trade Mahmoud Dodangeh said over 1.6 quadrillion rials (about $42.328 billion) is needed for completing more than 22,000 uncompleted industrial projects across the country.
July 15, 2017

Fara Bourse’s main index up 1.1% in a week

TEHRAN- IFX, the main index of Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), rose 1.1 percent to stand at 909 points in the week ended on Friday, Tasnim news agency reported.
July 15, 2017

Fara Bourse’s main index up 1.1% in a week

TEHRAN- IFX, the main index of Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), rose 1.1 percent to stand at 909 points in the week ended on Friday, Tasnim news agency reported.
July 15, 2017

Talks with 27 Foreign Firms over Major Oil Projects

Iranian Deputy Oil Minister for International Affairs Amir Hossein Zamaninia said Tehran is in negotiations with 27 foreign companies over oil projects worth $200 billion. “I can assure you this (gas deal with Total) isn’t the last one,” Zamaninia told CNNMoney on the sidelines of an oil conference in Istanbul, Turkey, on Tuesday referring to […]
July 15, 2017

IRGC Engaged in Development Plans across Iran

Commander of the Islamic Revolution Guards Corps (IRGC) said his forces are actively involved in development plans all over the country, saying the IRGC sees no limits to its role in helping create jobs and improve the livelihood of people should the administration prepare the grounds. The IRGC has its roots in people and the […]
July 14, 2017

Iranian railways require 28,000 wagons

TEHRAN- Saeid Mohammadzadeh, head of the Islamic Republic of Iran Railways(known as RAI), announced that 28,000 wagons is required in the country’s railway network, Mehr News agency reported on Friday.
July 14, 2017

Iranian railways require 28,000 wagons

TEHRAN- Saeid Mohammadzadeh, head of the Islamic Republic of Iran Railways(known as RAI), announced that 28,000 wagons is required in the country’s railway network, Mehr News agency reported on Friday.
July 14, 2017

Belgium seeks to tighten economic bonds with Iran

TEHRAN- The Minister-President of the Belgian region of Flanders, Geert Bourgeois, has said his government seeks to expand economic ties with Iran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported on Thursday.
July 14, 2017

Belgium seeks to tighten economic bonds with Iran

TEHRAN- The Minister-President of the Belgian region of Flanders, Geert Bourgeois, has said his government seeks to expand economic ties with Iran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported on Thursday.
July 14, 2017

Iran Air appoints First Female CEO

By John Lee. Iran Air has appointed the first female CEO since the airline was established in the 1940s. Farzaneh Sharafbafi, 44, who holds a PhD in aerospace engineering has previously served on company’s board. She replaces Farhad Parvaresh, who will represent Iran at the International Civil Aviation Organization (ICAO) in Canada. (Sources: PressTV, Associated […]
July 14, 2017

Total Deal Serves National Development: Iran’s VP

Iran’s first vice-president played down criticism by opponents of a recent gas deal Iran has signed with France’s Total, saying the contract would serve the goals of national development, as emphasized by Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei. Those opposing the recent gas deal the Oil Ministry has signed with the French […]
July 14, 2017

No New Sanctions on Iran, Just Technical Updates: EU

A European Union spokesperson dismissed the notion that the bloc has imposed fresh sanctions against Iran, saying the union has only complied with a series of “technical updates” the UN makes in the context of different sanction regimes periodically. “There has been some speculation in the press regarding recent updates to listings of individuals and […]
July 14, 2017

Rouhani leads Iran’s Return to Wheat Exports

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. Iran is among the top wheat consumers in the world. Consumption per capita in the country is estimated at 167.6 kilograms (369 pounds) per year, almost three times the global average of some 67 kilograms […]
July 14, 2017

National Iranian Tanker Company (NITC) Presentation

Ali Asghar, advisor to National Iranian Tanker Company (NITC), Arshi discussed the company’s challenges and opportunities at the 22nd World Petroleum Congress in Istanbul on Wednesday. At the beginning of his address, Arshi gas an overview of NITC to the audience, saying the company has more than sixty years of honorable presence in global energy […]
July 14, 2017

Oil Minister defends Total Gas Deal in Parliament

Iranian Oil Minister Bijan Namdar Zanganeh in an open session of the parliament briefed the lawmakers on a controversial $5 billion gas deal recently signed with France’s energy giant Total, saying the agreement would serve the Islamic Republic’s interests. Addressing the open session of the parliament on Wednesday, Zanganeh defended the deal with Total to […]
July 13, 2017

Iran’s oil output up 16.7% in June: sources

TEHRAN-  According to OPEC’s latest monthly report published on July 12, Iran’s oil output in June reached 3.790 million barrels per day (bpd), a 16.7 percent rise from 3.774 million bpd in May based on secondary sources.
July 13, 2017

Iran’s oil output up 16.7% in June: sources

TEHRAN-  According to OPEC’s latest monthly report published on July 12, Iran’s oil output in June reached 3.790 million barrels per day (bpd), a 16.7 percent rise from 3.774 million bpd in May based on secondary sources.
July 13, 2017

Indian companies interested in project to develop Iranian port

India is keen to rapidly develop Iran's Chabahar Port, a strategic facility that New Delhi hopes will help expand its trade with Afghanistan and energy-rich Central Asia by circumventing Pakistan.
July 13, 2017

Indian companies interested in project to develop Iranian port

India is keen to rapidly develop Iran's Chabahar Port, a strategic facility that New Delhi hopes will help expand its trade with Afghanistan and energy-rich Central Asia by circumventing Pakistan.
July 13, 2017

It’s Official: Iran Has More Than 47 Million Social Media Users

Finally, we got an official news regarding the social media users in Iran. Currently there are 47 million social media users in Iran and it's counting.

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