May 6, 2017

SHAPARAK the Backbone of Card-Based Payment in Iran

You might have heard of SHAPARAK, the Electronic Card Payment Network System in Iran, but what does this system do?

The post SHAPARAK the Backbone of Card-Based Payment in Iran appeared first on TechRasa.

May 6, 2017

Iran Oil Show 2017 kicks off in Tehran

TEHRAN - The 22nd Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2017) kicked off at Tehran Permanent International Fairgrounds on Saturday.
May 6, 2017

UKEF may Finance Iran Aircraft Deal

Iran’s Deputy Transport Minister Asghar Fakhrieh Kashan said UK Export Finance (UKEF) is in talks with the Islamic Republic to facilitate the financing of aircraft sales to the country’s national flag-carrier airline Iran Air. “We have received some offers from UKEF, that is under review by Iran,” Fakhrieh Kashan told Reuters on Thursday. He added […]
May 6, 2017

Iran Drills 11 Offshore Wells in 2016

The National Iranian Drilling Company (NIDC) drilled, or repaired 11 offshore wells in the Persian Gulf during the course of the previous Iranian calendar year (ended March 20), an official NIDC official said. Siamak Afshari, director of NIDC’s offshore drilling operations, said the wells required 6,240 meters of drilling of which 2,512 meters of development […]
May 6, 2017

New Career Opportunities in Iran

By John Lee. The United Nations has advertised new jobs in Iran: Health Specialist, United Nations Children’s Fund (UNICEF) Human Resources Assistant, United Nations Children’s Fund (UNICEF) Human Resources Clerk, UN Development Programme (UNDP) ICT Assistant, UN Development Programme (UNDP) (Source: UN) (Picture credit: Amir1140)
May 6, 2017

Thai parliament members visit CBI, discuss banking co-op

TEHRAN – Representatives of Thailand’s parliament expressed willingness for banking cooperation with Iran, Central Bank of Iran (CBI) official website announced.
May 6, 2017

Tehran, Baghdad sign banking MOU

TEHRAN- Iran and Iraq signed a banking MOU focusing on brokerage relations between the central banks of the two countries, the official website of the Central Bank of Iran reported.
May 5, 2017

Improving economy rises Iran’s gold jewelry demand to 4-year high

TEHRAN- Iran’s gold jewelry demand climbed to a four-year high in the first quarter of 2017, the World Gold Council said in a report on Thursday.
May 5, 2017

Iran to dispatch marketing delegation to Moscow

TEHRAN- The Trade Promotion Organization of Iran (TPO) is to send a trade, marketing and investing delegation to Russia from September 15 to 18 to explore avenues of exporting Iranian products to the country, the official website of TPO announced.
May 5, 2017

7 new petchem projects planned to come on stream by Mar. 2018

TEHRAN- Seven new petrochemical projects are planned to be implemented in the country by the end of current Iranian calendar year (March 20, 2018), Shana quoted Ali-Mohammad Bosaqzadeh, the production control director of National Petrochemical Company (NPC), as saying.
May 5, 2017

Iran’s Largest Solar Power Plant Launched

The Islamic Republic of Iran inaugurated its biggest-ever solar power plant near the central city of Isfahan in a bid to make further use of renewable energy resources. The project, which took seven months to be completed, has been constructed jointly by Iran’s Ghadir Electricity and Energy Company and Greece’s Metka engineering firm. The plant […]
May 5, 2017

Video: Blast Traps at least 26 Miners in Iran

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. An explosion at a mine in northern Iran left at least 26 workers trapped in a mile-long tunnel filled with gas that hampered resc...
May 5, 2017

Finland to Sign Air Transport Deal with Iran

A ranking Finnish diplomat unveiled plans for the conclusion of an agreement with Iran on air transportation. In a meeting with an Iranian deputy foreign minister in Helsinki, Secretary of State at Finland’s Ministry for Foreign Affairs Peter Stenlund said the air transportation agreement will be prepared and signed in the near future. He also […]
May 5, 2017

Iranian trade delegation to visit Astana

TEHRAN- Trade Promotion Organization of Iran (TPO) is to dispatch a trade, marketing, and investment delegation to Kazakhstan from June 28 to 30, the official website of TPO announced.
May 4, 2017

CEBEX 2017 expo kicks off in Kish Island

TEHRAN - The 13th edition of Civil Engineering and Building Exhibition of Iran (CEBEX 2017) kicked off on Tuesday in Kish Island, south of the country.
May 4, 2017

Iran’s April Oil output up 10,000 bpd from March

TEHRAN – Iran’s oil output in April reached 3.78 million barrels per day (bpd), a 10,000 bpd increase compared to the previous month.
May 4, 2017

Forouzan oilfield’s 2 platforms to be installed in 4.5 months

TEHRAN – National Iranian Oil Company (NIOC) expects two platforms of Forouzan oilfield to be installed by the end of Iranian calendar month of Shahrivar (September 22, 2017), Shana reported.
May 4, 2017

Korean Firm Sign Deals for Electrical Projects

Iran’s state-run holding company Tavanir signed two agreements with Korea Electric Power Corporation (KEPCO) for cooperation in electrical projects using state-of-the-art technology. Based on the agreements, signed in Tehran on Saturday, the South Korean company will help Iran recover SF6 gas (sulphur hexafluoride) in the electricity industry in compliance with the Clean Development Mechanism (CDM), […]
May 4, 2017

Russian Firm to make Train Carriages in Iran

The Industrial Development and Renovation Organization of Iran (IDRO) has signed a joint venture contract with Russia’s CJSC Transmashholding to manufacture 500 wagons in Iran. Idro News reported the Iranian company’s deputy for expansion of industrial investment, Fardad Daliri, as saying that the contract stipulates “attracting investment and using up-to-date technology in the domestic manufacture […]
May 4, 2017

Iran’s New Oil Contracts “Will Help Job Creation”

New contracts with international oil majors will help create thousands of jobs and plough billions of dollars into the key petroleum industry, according to Reza Khayyamian, head of the Society of Iranian Petroleum Industries Equipment Manufacturers. “If foreign companies come to Iran’s energy market and sign the (oil) deals, almost 100,000 jobs will be created,” […]