March 9, 2017

France Plans Loans for Companies Investing in Iran

By John Lee. The French Finance Minister Michel Sapin (pictured) has that France plans to issue direct loans to companies that want to invest in Iran. At a joint press conference in Tehran with his Iranian counterpart, Ali Tayebnia, he said: “We are trying to help these companies … They wil be able to apply […]
March 9, 2017

ZTE fined $1.1bn for flouting US Sanctions

By John Lee. Chinese telecom giant ZTE Corporation (Zhongxing Telecommunications Equipment Corporation) has agreed to plead guilty to charges that it shipped US-made equipment to Iran and North Korea, and has been fined $1.1 billion. The equipment included routers, microprocessors and servers controlled under export regulations for “security, encryption… and/or anti-terrorism reasons“. Steven T. Mnuchin, US […]
March 9, 2017

Indigo Holdings buys into Iranian Online Classifieds Marketplace

Indigo Holdings plc (NEX: INGO), the Middle East focused Investment Company that provides investors with exposure to early stage businesses, has invested €375,587 (approximately £320,000) in Net Tejarat Ahoura Company (“Net Tejarat), which owns 100% of the issued share capital of Sheypoor, a leading Iranian online classifieds marketplace. Indigo has acquired a 1.09% stake in […]
March 9, 2017

Central Bank Raps ‘Unlawful’ US Attempts to Seize Assets

An official at the Central Bank of Iran (CBI) slammed the attempts by American plaintiffs to seize the bank’s assets in Luxembourg as being against the international law and treaties. Ardeshir Fereidooni, head of Central Bank of Iran’s legal affairs bureau, said on Tuesday that the American efforts to seize the bank’s properties in Luxembourg […]
March 8, 2017

Sarava the Iranian VC Has Raised $200M of Foreign Investments

Sarava the Iranian VC has raised $200M of foreign investments so far. Sarava is one of the pioneer VCs in Iran and has more than 30 companies in its portfolio.

The post Sarava the Iranian VC Has Raised $200M of Foreign Investments appeared first on TechRasa.

March 8, 2017

Annual petchem exports anticipated to reach $9b

TEHRAN-Iran’s worth of annual petrochemical exports is forecast to hit near $9 billion by the end of current Iranian calendar year (March 20), National Petrochemical Company (NPC) Managing Director Marziyeh Shahdaie told IRNA on Wednesday.
March 8, 2017

Annual petchem exports anticipated to reach $9b

TEHRAN-Iran’s worth of annual petrochemical exports is forecast to hit near $9 billion by the end of current Iranian calendar year (March 20), National Petrochemical Company (NPC) Managing Director Marziyeh Shahdaie told IRNA on Wednesday.
March 8, 2017

Renault sales to Iran rise 348% in January yr/yr

TEHRAN- According to a report released by the French multinational automobile manufacturer, Renault, the company could sell 13,449 cars during the first month of 2017 in Iran, showing a 348-percent increase compared to the same month last year.
March 8, 2017

Renault sales to Iran rise 348% in January yr/yr

TEHRAN- According to a report released by the French multinational automobile manufacturer, Renault, the company could sell 13,449 cars during the first month of 2017 in Iran, showing a 348-percent increase compared to the same month last year.
March 8, 2017

Iran to receive ATR planes later than accorded

TEHRAN- Regarding the ongoing talks with officials of the world's leading turboprop manufacturer ATR, the first ATR planes will be delivered to Iran after Norouz holidays (March 21 to April 2), a bit later than what was accorded, Deputy Transport Minis...
March 8, 2017

Iran to receive ATR planes later than accorded

TEHRAN- Regarding the ongoing talks with officials of the world's leading turboprop manufacturer ATR, the first ATR planes will be delivered to Iran after Norouz holidays (March 21 to April 2), a bit later than what was accorded, Deputy Transport Minis...
March 8, 2017

Iran’s oil output to hit 4.15m bpd in 2022, IEA forecasts

International Energy Agency (IEA) has predicted that Iran will expand its oil production capacity by 400,000 barrels per day (bpd) to reach 4.15 million bpd in 2022.
March 8, 2017

Iran’s oil output to hit 4.15m bpd in 2022, IEA forecasts

International Energy Agency (IEA) has predicted that Iran will expand its oil production capacity by 400,000 barrels per day (bpd) to reach 4.15 million bpd in 2022.
March 7, 2017

Denmark steps up co-operation with Iran

The Danish government has announced plans to expand its official co-operation with Iran through sustainable urban development and patents regarding products.
March 7, 2017

Denmark steps up co-operation with Iran

The Danish government has announced plans to expand its official co-operation with Iran through sustainable urban development and patents regarding products.
March 7, 2017

Iran, Slovakia join hands to boost economic ties

TEHRAN – Attended by senior officials and company representatives, an Iran-Slovakia business forum was held at Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) on Tuesday.
March 7, 2017

Iran, Slovakia join hands to boost economic ties

TEHRAN – Attended by senior officials and company representatives, an Iran-Slovakia business forum was held at Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) on Tuesday.
March 7, 2017

Tehran Times wins best prize at ‘Oil & Media Festival’

Oil Minister Bijan Namdar Zanganeh confers the best prize on Mahnaz Abdi, the economics editor of the Tehran Times, at the fifth Oil & Media Festival which was held in Tehran on Monday.
March 7, 2017

Tehran Times wins best prize at ‘Oil & Media Festival’

Oil Minister Bijan Namdar Zanganeh confers the best prize on Mahnaz Abdi, the economics editor of the Tehran Times, at the fifth Oil & Media Festival which was held in Tehran on Monday.
March 7, 2017

SP phases 17, 18 on verge of complete inauguration

TEHRAN- Phases 17 and 18 of developing Iran’s South Pars gas field (in the Persian Gulf) are on the verge of complete inauguration, according to Hassan Boyeri, the operator of these phases.