March 28, 2017

Annual minerals, mining exports hit $6b

TEHRAN- Iran’s worth of minerals and mining exports stood at $6 billion in the past Iranian calendar year (which ended on March 20), IRNA quoted Deputy Industry, Mining and Trade Minister Jafar Sarqini as saying on Tuesday.
March 28, 2017

Iran, Russia sign MOU on gas co-op

TEHRAN- National Iranian Oil Company (NIOC) and Russian top gas producer Gazprom signed a memorandum of understanding (MOU) on cooperation in the field of natural gas on Tuesday, IRNA reported.
March 28, 2017

Annual inflation rate stands at 9%: CBI

Tehran- Iran's inflation rate stood at nine percent during the past Iranian calendar year of 1395 (ended on March 20, 2017), according to the latest report released by the Central Bank of Iran (CBI).
March 28, 2017

5 reasons to watch Rouhani’s visit to Russia

Iranian President Hassan Rouhani is on an official two-day visit to Moscow, meeting with his Russian counterpart Vladimir Putin to discuss a range of bilateral and regional issues. The trip is taking place during one of the most important periods in Iran and Russia’s relationship, with the Syrian crisis having become a showcase of the […]
March 28, 2017

Russia to build Helicopters in Iran

By John Lee. Russian Helicopters has announced that it intends to set up a helicopter assembly plant in Iran. The company signed a memorandum of understanding (MoU) on potential cooperation with the state-owned Industrial Development and Renovation Organization of Iran (IDRO), as part of a program to modernise Iran’s helicopter fleet. The joint plant in […]
March 28, 2017

Iran, Russia Finalize Deal on Production of Railroad Cars

The Industrial Development and Renovation Organization of Iran (IDRO) and Transmashholding, Russia’s largest company on the railway machine-building market, finalized a memorandum of understanding (MoU) to boost cooperation in production of railroad cars. The cooperation agreement was finalized during the talks in Moscow between an Iranian delegation headed by Deputy Minister of Industry, Mines, and […]
March 28, 2017

KPP Biggest Industrial Investment in Kurdistan

Iranian Minister of Petroleum Bijan Zangeneh says the western province of Kurdistan has seen the inauguration of the biggest industrial project in its history now that the Kurdistan Petrochemical Plant (KPP) has been officially inaugurated. Iran launched a 300,000-ton petrochemical project on Saturday in a ceremony that was attended by Iranian President Hassan Rouhani and […]
March 28, 2017

Swedish Firm Accepts Deposits in Bitcoin for Iran Biz

Swedish Firm Accepts Deposits in Bitcoin to Facilitate Business with Iran A Swedish company has come up with an innovative solution which both bypasses US sanctions and does away with the need for banks to process transactions with Iran, a report said. Brave New World Investments AB is reportedly accepting deposits in bitcoin which it […]
March 28, 2017

Iran boosts electricity generation capacity by 2.199GW

TEHRAN – Iran increased its electricity generation capacity by 2.199 gigawatts, boosting it to 76.302GW, in the past Iranian calendar year 1395 which ended on March 20, according to a report by the Iran Power Grid Management Company.
March 27, 2017

Iran to receive 9 new Airbus planes by end of 2018

TEHRAN- Frahad Parvaresh, the managing director of Iran’s flag carrier airline Iran Air, announced that the country will receive four new Airbus planes in 2017 and five other Airbus jets in 2018, Mehr news agency reported.
March 27, 2017

Iranian, Russian companies to collaborate on railway wagon building

TEHRAN- Industrial Development and Renovation Organization of Iran (IDRO) signed a cooperation MOU with Russia’s largest company in the railway machine-building market, Transmashholding, on Monday, IRNA reported.
March 27, 2017

Iran Imposes Sanctions on 15 US Companies

Iran has imposed sanctions on 15 American companies for what it describes as “propping up the Zionist regime, terrorists and suppressing civilians in the region.” The Iranian Foreign Ministry said the move comes in response to Washington’s imposition of new sanctions against Tehran. The sanctioned US corporations, and the reasons given for their inclusion, are: Beni […]
March 27, 2017

Major Petchem Plant Launched in Western Iran

The western province of Kurdistan saw inauguration of a major petrochemical plant, the biggest industrial project in the province’s history, on the first working day of the new Iranian calendar year. The plant, whose production began in 2005, is built for production of 300,000 tons of light-density polyethylene in a push to complete the petrochemical […]
March 27, 2017

Bitcoin “Can Help Revitalize Iran’s Economy”

An American political analyst has said the Bitcoin payment network can help the Islamic Republic of Iran develop both its domestic and foreign economy, adding that the system could “create many jobs” across the country. “I can see the possibility over the next few years of a few hundred million or maybe a few billion […]
March 27, 2017

Iran’s Oil Exports Doubled with JCPOA Implementation

Iranian President Hassan Rouhani highlighted the outcome of the July 2015 nuclear deal with world powers, known as the Joint Comprehensive Plan of Action (JCPOA), saying that the country’s oil exports have doubled since the deal took effect in January 2016. “The exports of crude oil and condensates have increased by at least two times […]
March 27, 2017

Iranian President Leaves for Russia

Iranian President Hassan Rouhani left Tehran for Moscow on Monday to pay an official visit to the Russian Federation as part of efforts to boost bilateral relations between the two countries in all spheres. Heading a high-ranking political and economic delegation, President Rouhani departed for Moscow at the official invitation of his Russian counterpart, Vladimir […]
March 27, 2017

IMBCO With 6 Years of Success in Iran’s E-Commerce Scene

The Iranian Modern Business Company (IMBCO) was established 6 years ago which is considered one of the main e-commerce players in Iran’s startup scene having Netbarg, Chilivery and Tik8 in its portfolio.

The post IMBCO With 6 Years of Success in Iran’s E-Commerce Scene appeared first on TechRasa.

March 27, 2017

US: Eleven Sanctioned for Transfer of “Sensitive Items” to Iran

From US State Department: On March 21, the United States imposed sanctions on 30 foreign entities and individuals in 10 countries pursuant to the Iran, North Korea, and Syria Nonproliferation Act (INKSNA). These sanctions apply to the specific individuals and entities which will be listed in the federal register and will be in effect for […]
March 27, 2017

All planned state-owned companies to be privatized in a year: fin. min.

TEHRAN- The shares of all state-owned companies that had been previously planned to be privatized will be transferred to the private sector by the end of current Iranian calendar year (March 20, 2018), Iranian Finance Minister Ali Tayyebnia announced.
March 27, 2017

Minerals, mining exports reaches $5.4b in 10 months

TEHRAN- Based on the latest data released by Iran's Costumes Administration, the value of the country's minerals and mining industries exports reached $5.4 billion during the first ten months of the previous Iranian calendar year (ended on January 19).