March 15, 2017

IRISL dismisses offering shares on London Stock Exchange

TEHRAN- Tasnim news agency reported on Tuesday that Islamic Republic of Iran Shipping Lines (IRISL) has rejected offering of its shares on London Stock Exchange (LSE) initial public offering (IPO).
March 15, 2017

Copper cathode output target almost met

TEHRAN – According to the latest data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) 98 percent of the country’s expected 11-month copper cathode production is realized.
March 15, 2017

Copper cathode output target almost met

TEHRAN – According to the latest data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) 98 percent of the country’s expected 11-month copper cathode production is realized.
March 15, 2017

Azar oilfield’s early production commenced

TEHRAN – In a ceremony attended by Iranian Oil Minister Bijan Namdar Zanganeh, early production from Azar oilfield started on Tuesday with an output capacity of 15,000 barrels per day (bpd).
March 15, 2017

Azar oilfield’s early production commenced

TEHRAN – In a ceremony attended by Iranian Oil Minister Bijan Namdar Zanganeh, early production from Azar oilfield started on Tuesday with an output capacity of 15,000 barrels per day (bpd).
March 14, 2017

EEU, Iran expected to ink FTA by March-end: Novak

TEHRAN- Iran and the Eurasian Economic Union (EEU) are expected to sign a free trade agreement (FTA) by the end of this month, Russian Energy Minister Alexander Novak announced.
March 14, 2017

EEU, Iran expected to ink FTA by March-end: Novak

TEHRAN- Iran and the Eurasian Economic Union (EEU) are expected to sign a free trade agreement (FTA) by the end of this month, Russian Energy Minister Alexander Novak announced.
March 14, 2017

Over $534m investment made in railway sector

TEHRAN- Iranian Transport Minister Abbas Akhoundi said that over 2 trillion rials (about $534.045 million) investment has been made in the country’s rail sector over the past three years, IRIB reported.
March 14, 2017

Over $534m investment made in railway sector

TEHRAN- Iranian Transport Minister Abbas Akhoundi said that over 2 trillion rials (about $534.045 million) investment has been made in the country’s rail sector over the past three years, IRIB reported.
March 14, 2017

Iran’s Startup Community Came Together to Help Talents with Disabilities

Ponisha, along with the support of Iranian startups held a three-day freelancing course for people with disabilities in Tehran. During the event attendees got to learn about different aspects of freelancing taught by the experts of the community.

The post Iran’s Startup Community Came Together to Help Talents with Disabilities appeared first on TechRasa.

March 14, 2017

Australia willing to expand water, energy ties with Iran

TEHRAN – Australia is willing to expand economic ties with Iran especially in water and energy sectors, IRNA quoted South Australia’s Minister for Investment and Trade as saying on Sunday.
March 14, 2017

Australia willing to expand water, energy ties with Iran

TEHRAN – Australia is willing to expand economic ties with Iran especially in water and energy sectors, IRNA quoted South Australia’s Minister for Investment and Trade as saying on Sunday.
March 14, 2017

Iranian, Omani central banks ink cooperation MOU

TEHRAN – Central banks of Iran and Oman signed a memorandum of understanding on Sunday aiming for expansion of cooperation, IRNA reported.
March 14, 2017

Iranian, Omani central banks ink cooperation MOU

TEHRAN – Central banks of Iran and Oman signed a memorandum of understanding on Sunday aiming for expansion of cooperation, IRNA reported.
March 13, 2017

Hyundai Signs $3.2bn Iran Petchem Deal

Iran’s Ahdaf Investment Company and Korea’s Hyundai Engineering Co. (HEC) have signed a deal for a 3 billion-euro ($3.2 billion) petrochemical project, a report said. The agreement covers the construction of the second phase of the Kangan Petro Refining Company. “The financing of this project will be finalized within nine months at the rate of […]
March 13, 2017

$1bn Deal to Develop Iranian Zinc Mine

By John Lee. The state-run Iranian Mines and Mining Industries Development and Renovation Organisation (IMIDRO) has signed a deal with a consortium of six private companies to develop Mehdiabad, one of the world’s largest zinc mines. The group is led by the Mobin mining company, and the deal will involve “mine operation and construction of […]
March 13, 2017

Iran Air receives its first Airbus A330-200

Iran Air has taken delivery of its first new Airbus A330-200. The delivery of the aircraft is part of Iran Air’s major fleet renewal plan, and is the first wide body from a firm order placed by the national carrier of Iran in December 2016 for 100 Airbus aircraft (46 single aisle and 54 wide-body […]
March 13, 2017

Tehran-Moscow ‘Oil-for-Goods’ Swaps to Reach $45bn

The total volume of “oil-for-goods” swaps between Iran and Russia is expected to reach $45 billion annually, Russian trade representative in Iran Andrei Lugansky said. The total value of goods “under the program (oil-for-goods) can currently be estimated at $45 billion a year,” Lugansky told Sputnik on Monday. He further said the “legally viable” program […]
March 13, 2017

Why do Iranian Banks remain stuck with Toxic Assets?

By Alireza Ramezani for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. On Feb. 26, the Iranian government got the go-ahead from parliament members to sell a total of 10 trillion rials ($308 million) worth of excess properties owned by the ministries of Information and Communications Technology […]
March 13, 2017

Infrastructures prepared for Iran-Russia all-out economic ties

TEHRAN- Iranian Communications and Information Technology Minister Mahmoud Vaezi in a Monday meeting with Russian Energy Minister Alexander Novak in Moscow announced that the required infrastructure to expand all-out economic ties between the two count...