February 25, 2017

Will this Woman become Iran’s First Female President?

By Saeid Jafari, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iran may see its first female presidential candidate in the May 19 elections. After a period of silence, Marzieh Vahid Dastjerdi, the Islamic Republic’s first and only female minister, has in recent days and […]
February 25, 2017

Exports via railway jump 55% in 11 months

TEHRAN- Exports of goods via railway increased 55% in Iran during the first 11 months of the current Iranian calendar year (March 20, 2016-Februray 18, 2017), compared to the same period of time in the previous year, IRNA quoted a railway official, Hos...
February 25, 2017

Exports via railway jump 55% in 11 months

TEHRAN- Exports of goods via railway increased 55% in Iran during the first 11 months of the current Iranian calendar year (March 20, 2016-Februray 18, 2017), compared to the same period of time in the previous year, IRNA quoted a railway official, Hos...
February 25, 2017

Over $4b of facilities granted to industrial sector

TEHRAN- Since the beginning of the current Iranian calendar year (March 20, 2016), some 153 trillion rials of facilities (about $4.04 billion) has been paid to domestic industrial sector, Iranian deputy industry minister announced.
February 25, 2017

Over $4b of facilities granted to industrial sector

TEHRAN- Since the beginning of the current Iranian calendar year (March 20, 2016), some 153 trillion rials of facilities (about $4.04 billion) has been paid to domestic industrial sector, Iranian deputy industry minister announced.
February 25, 2017

Boosting economic bonds with Iran top priority: Azeri min.

TEHRAN- Azerbaijan has expansion of economic ties with Iran among its top priorities, Minister of Economic Development of Azerbaijan Shahin Mustafayev avowed in Iran-Azerbaijan joint business forum held in Urmia, the capital city of north-western Irani...
February 25, 2017

Newly-found mineral reserves to reach 1.078b tons by Mar. 20: official

TEHRAN- The annual amount of newly-found mineral reserves in Iran will reach 1.078 billion tons by the end of the current Iranian calendar year (March 20, 2017), IRNA quoted Asadollah Keshavarz, the director general of Mineral Discoveries Office in the...
February 25, 2017

Inflation rate stands at 8.7% in Iran

TEHRAN - The Central Bank of Iran (CBI) has announced that the inflation rate for the 12-month period ended in the last day of the eleventh Iranian calendar month of Bahman (February 18) compared to the same period in the previous year hit 8.7 percent,...
February 24, 2017

Iranian, French auto part companies sign joint-venture deal

TEHRAN- Iran’s Rise Investment and Strategy Extension Company (RISECO) and France’s Mecaplast Group signed a joint venture deal on manufacturing auto parts, IRNA reported on Friday.
February 24, 2017

Russia Proposes Joint Production of Ilyushin Planes in Iran

Moscow has presented a proposal to Tehran for the joint production of its Ilyushin planes in the Islamic Republic, Russia’s energy minister said. Alexander Novak was quoted by Iran’s media as saying that he had presented the proposal – which involved the production of the renovated version of the Ilyushin Il-114 regional planes – in […]
February 24, 2017

Athos Solar completes first Green-Field Solar Plants in Iran

Athos Solar GmbH, based in Heidelberg, Germany, recently became the first investor to install and launch two high-performance green-field photovoltaic plants in Iran. The two systems, located in the province of Hamadan near Tehran, have a surface area of ten hectares each, making them the first of their scale in Iran. Further, their combined peak […]
February 24, 2017

“Retrospective Application of an Increase in Excise” hits BAT

By John Lee. In its full-year results, British American Tobacco (BAT) has announced that its volume and profit in Iraq were lower due to the retrospective application of an increase in excise. The company makes and sells cigarette brands including Kent...
February 24, 2017

New Career Opportunities in Iran

By John Lee. The United Nations has advertised new jobs in Iran: Senior Wheat Breeder, International Maize and Wheat Improvement Center (CIMMYT) Senior Finance Manager, Relief International (Source: UN) (Picture credit: Amir1140)
February 24, 2017

ZTE Has Been Granted a Reprieve From the U.S. to Continue Working With Iran

ZTE has been granted a reprieve from the U.S. to continue work with Iran. This is the shortest reprieve granted by U.S. to ZTE.

The post ZTE Has Been Granted a Reprieve From the U.S. to Continue Working With Iran appeared first on TechRasa.

February 24, 2017

Exports of oil products hit unprecedented 450,000 bpd

TEHRAN – Iran has exported 450,000 barrels per day (bpd) of oil products for the first time on average during the current Iranian calendar year, ending March 20, 2017, IRNA quoted an oil official as saying.
February 23, 2017

Iran Eyes Finalization of FTZ Deal with EAEU

Iran’s First Vice-President Eshaq Jahangiri expressed the hope for finalization of arrangements for creation of a free trade zone (FTZ) with the Eurasian Economic Union (EAEU) before President Hassan Rouhani’s upcoming visit to Russia. In a meeting with First Deputy Prime Minister of Russia Igor Shuvalov in Tehran on Tuesday, Jahangiri voiced the country’s willingness […]
February 23, 2017

Tehran, Moscow Start Construction of Power Plant at Bandar Abbas

Iran and Russia have started constructing a thermal power plant in the southern city of Bandar Abbas, a report said. According to the report carried by Sputnik on Monday, Tehran and Moscow began the construction of the thermal power plant during a ceremony attended by Russian Energy Minister Alexander Novak. The plant, with a capacity […]
February 23, 2017

How ‘Half the World’ is attracting Tourists to Iran

By Maysam Bizaer for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Since the election of President Hassan Rouhani in 2013, Iran’s tourism industry has witnessed its biggest growth since the Islamic Revolution in 1979. The growth saw an even more significant boost following the implementation of […]
February 23, 2017

New Zealand’s economic delegation due in Iran on Saturday

TEHRAN- An economic delegation from New Zealand to be led by the country’s Minister for Primary Industries Hon Nathan Guy will arrive in Tehran on Saturday to discuss reinforcing ties with Iran in agricultural domains especially in dairy sector, Iran's Ambassador to New Zealand Jalaleddin Namini Mianji announced on Wednesday.
February 23, 2017

Tehran, Bishkek ink MOU on reduction of rail transport tariffs

TEHRAN- Iran and Kyrgyzstan signed a memorandum of understanding (MOU) on reducing rail transport tariffs between the two countries, IRNA reported citing the Public Relations Department of Islamic Republic of Iran Railways (IRIR).