March 6, 2017

Railroad Connecting Iran, Azerbaijan Comes into Operation

A railroad connecting Iran’s northern city of Astara to its namesake in the Azerbaijan Republic was tested and put into operation temporarily. The railroad, which is part of the Rasht-Astara railroad project, became operational concurrent with an official visit of Azeri President Ilham Aliyev to Iran on Sunday. Heading a high-ranking delegation, Aliyev arrived in […]
March 6, 2017

Private Sector having hard time Financing Expansion

By Navid Kalhor for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  The Islamic bond market in Iran was first kick-started in 2011, with Mahan Air’s issuance of ijara sukuk on the over-the-counter Iran Fara Bourse (IFB) to finance its purchase of […]
March 6, 2017

Tehran, Prague agree on building 20MW waste-to-energy plant in Iran

TEHRAN- Iran and Czech Republic agreed on signing a contract for the construction of a 20 megawatt waste-to-energy plant in the Iranian northern province of Gilan, the portal of Iranian Energy Ministry reported.
March 6, 2017

Tehran, Prague agree on building 20MW waste-to-energy plant in Iran

TEHRAN- Iran and Czech Republic agreed on signing a contract for the construction of a 20 megawatt waste-to-energy plant in the Iranian northern province of Gilan, the portal of Iranian Energy Ministry reported.
March 6, 2017

Germany enters Iran’s auto parts market

TEHRAN - Germany’s Continental Automotive Group and Iranian auto parts manufacturer Crouse Company have signed an agreement to establish a joint venture in Iran.
March 6, 2017

Germany enters Iran’s auto parts market

TEHRAN - Germany’s Continental Automotive Group and Iranian auto parts manufacturer Crouse Company have signed an agreement to establish a joint venture in Iran.
March 6, 2017

Import of cars, related spare parts hits $2.3b in 11 months

TEHRAN- The value of vehicles and related spare parts imported to Iran during the first eleven months of the current Iranian calendar year (March 20, 2016-February 18, 2017) stood at over $2.3 billion, Tasnim news agency reported on Sunday.
March 6, 2017

Import of cars, related spare parts hits $2.3b in 11 months

TEHRAN- The value of vehicles and related spare parts imported to Iran during the first eleven months of the current Iranian calendar year (March 20, 2016-February 18, 2017) stood at over $2.3 billion, Tasnim news agency reported on Sunday.
March 6, 2017

Iran may skip tender for Kish gas field, go to negotiation with Shell

TEHRAN – An Iranian oil official has announced that since Royal Dutch Shell is the only foreign bidder for the development project of Kish gas field (in the Persian Gulf), Iran may skip the tender and directly enter negotiation with the Anglo-Dutch company.
March 6, 2017

Iran may skip tender for Kish gas field, go to negotiation with Shell

TEHRAN – An Iranian oil official has announced that since Royal Dutch Shell is the only foreign bidder for the development project of Kish gas field (in the Persian Gulf), Iran may skip the tender and directly enter negotiation with the Anglo-Dutch company.
March 6, 2017

Iranian light crude’s weekly price up $1.24

TEHRAN – The price of Iran’s light crude oil in the week ended on February 24 rose $1.24 to stand at $53.14 per barrel, IRNA reported.
March 6, 2017

Iranian light crude’s weekly price up $1.24

TEHRAN – The price of Iran’s light crude oil in the week ended on February 24 rose $1.24 to stand at $53.14 per barrel, IRNA reported.
March 6, 2017

Transportation needs above $132b of investments by Mar. 2026

TEHRAN- Some 5 quadrillion rials (about $132.8 billion) of investments is required to fully implement transportation projects in Iran by the end of the country’s 1404 Outlook Plan (March 2026), according to a transport official.
March 6, 2017

Transportation needs above $132b of investments by Mar. 2026

TEHRAN- Some 5 quadrillion rials (about $132.8 billion) of investments is required to fully implement transportation projects in Iran by the end of the country’s 1404 Outlook Plan (March 2026), according to a transport official.
March 5, 2017

Iran Government: Messaging Apps Are Not Obligated to Obtain License

According to the head of Iran’s Supreme Council of Cyberspace, messaging apps are not obligated to obtain license.

The post Iran Government: Messaging Apps Are Not Obligated to Obtain License appeared first on TechRasa.

March 5, 2017

Banque de France to finance Iran-France projects: French fin. min.

TEHRAN- The central Bank of France, Banque de France, is working on plans to issue direct loans for companies that want to invest in Iran, French Finance Minister Michel Sapin told reporters at Iran’s Ministry of Finance and Economic Affairs in a joint press conference with his Iranian counterpart, Ali Tayyebnia, the Iranian ministry’s news agency, Shada, reported on Sunday.
March 5, 2017

Iran ready to sell oil to South Africa, buy refinery shares

TEHRAN – Iran is ready to sell South Africa 100,000 barrels per day (bpd) of oil and also to buy shares in the African country’s oil refineries, Oil Minister Bijan Namdar Zanganeh said on Saturday.
March 5, 2017

Iran Government: Messaging Apps Are Not Obligated to Obtain License

According to the head of Iran’s Supreme Council of Cyberspace, messaging apps are not obligated to obtain license.

The post Iran Government: Messaging Apps Are Not Obligated to Obtain License appeared first on TechRasa.

March 5, 2017

9-month economic growth touches 7.2%

TEHRAN – According to the latest data released by Statistical Center of Iran, the country’s economic growth was 7.2 percent for the first nine months of the current Iranian calendar year (March 20-December 20, 2016).
March 5, 2017

Kazakh minister calls Iran “strategic partner”

TEHRAN – Zhenis Kassymbek, the minister for investments and development of Kazakhstan, called Iran his country’s strategic partner and emphasized boosting of relations in various areas, IRNA reported.