February 13, 2017

Scania renews public bus systems in Iran

Scania has signed an agreement in principle with the Iranian province of Isfahan and Shahr-e Atiyeh Investment Company on the delivery of 1,350 buses for public transport for Isfahan and four other Iranian cities. The first of these new buses will be i...
February 13, 2017

Iran, Russia plan to enhance economic bonds in a month

TEHRAN- Iran and Russia expect five economic events to take place in Tehran by March 20 (end of the current Iranian calendar year), to improve their bilateral ties, IRNA reported on Sunday quoting Iranian Ambassador to Moscow Mehdi Sanayee.
February 13, 2017

Iran welcomes Sweden’s co-op in fuel consumption optimizing projects

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said that Iran welcomes Swedish companies to cooperate with the country in optimization of fuel consumption and reduction of greenhouse emissions projects.
February 13, 2017

Iranian oil price hikes 40 cents per barrel in a week

TEHRAN- The price of Iran’s light crude oil in the week ending February 3 experienced a $0.40 increase to reach $53.01 per barrel, IRNA reported on Saturday.
February 12, 2017

The Biggest Gathering of Iranian Designers to Take Place in Late February

The biggest gathering of Iranian designers is taking place in late February 2017 at Tehran’s Milad Conference hall. This design conference is called “Man Taraham” which is translated to English as I’m a Designer.

The post The Biggest Gathering of Iranian Designers to Take Place in Late February appeared first on TechRasa.

February 12, 2017

Iran stops using U.S. dollar, could become next major Bitcoin market

On Jan. 29, the governor of the Central Bank of Iran Valiollah Seif officially announced during a national television interview that the US dollar will no longer be used within the country as a response to U.S. President Donald Trump’s controversial temporary travel ban on certain countries including Iran.
February 12, 2017

IAIIC convenes global automakers in Tehran

TEHRAN- Major European and Asian automakers have participated in the 4th Iran Automotive Industry International Conference (IAIIC) which was inaugurated in Tehran on Sunday.
February 12, 2017

Tehran to host Iran Property Expo in late Feb.

TEHRAN- The 4th International Exhibition of Real Estate and Property of Iran (Iran Property Expo) is set to be held at the Tehran Permanent International Fairgrounds on February 26-March 1, ISNA reported on Saturday. Participant companies from various...
February 12, 2017

Loading, unloading at Iranian ports up 9.4% in 10 months

TEHRAN- More than 118.87 million tons of goods were loaded and unloaded at ports of Iran during the first 10 months of the current Iranian calendar year (March 20, 2016- January 19, 2017), an increase of 9.4 percent year on year.
February 12, 2017

IKCO cars to enter CIS

TEHRAN- The Iranian carmaker Iran Khodro (IKCO) will export six models of its manufactured cars to the Commonwealth of Independent States (CIS), IRNA reported.
February 12, 2017

Govt. to grant up to $992m to Agriculture Bank of Iran

TEHRAN- In a bid to reinforce Agriculture Bank of Iran’s financial resources the incumbent Iranian government plans to pay 38 trillion rials (about $991.9 million) to this bank, IRNA quoted the Iranian Agriculture Minister Mahmoud Hojjati.
February 12, 2017

Bushehr port exports 33.5m tons of goods in 10 months

TEHRAN- In the first ten months of the current Iranian year (March 20, 2016- February 19, 2017) 33.58 million tons of goods were exported from the southwestern Iranian port of Bushehr, IRNA quoted an official in customs administration of Bushehr provin...
February 12, 2017

Oil revenues set to reach $45b-$50b in next fiscal: Zanganeh

TEHRAN – Iranian oil minister has said that considering oil prices at $55 per barrels, the country’s revenues from oil and gas condensate exports will reach $45-$50 billion in the next Iranian calendar year (March 21, 2017-March 20, 2018), IRNA reported on Saturday.
February 12, 2017

Amazon May Face Penalties For Selling To Iranians After Disclosing

According to Bloomberg Technology, the internet retail giant Amazon may face penalties after disclosing that it “processed and delivered” to accounts between 2012 to 2016 that violates U.S. sanction laws against Iran.

The post Amazon May Face Penalties For Selling To Iranians After Disclosing appeared first on TechRasa.

February 11, 2017

Sweden eyes long-term economic co-op with Iran

TEHRAN – Swedish Minister for EU Affairs and Trade Ann Linde said Swedish companies are highly interested in Iran’s market and Sweden plans to have long-term economic cooperation with the country.
February 11, 2017

Iran-Russia trade turnover rises 80% in 2016

The mutual trade turnover between Iran and Russia increased by 80 percent and amounted to more than $2 billion in 2016, Zamir Kabulov, head of the second Asian department of Russia’s Foreign Ministry said in an interview with TASS.
February 11, 2017

Indonesia, Iran pledge to improve cooperation

Iran celebrated its 38th anniversary of the victory of the Islamic Revolution of 1979 by rejoicing in what it called a new era of Iranian development, following the lifting of unilateral sanctions against the Persian Gulf power.
February 11, 2017

Iran, Armenia sign MOU on insurance co-op

TEHRAN- Iran and Armenia signed a Memorandum of Understanding (MOU) to expand bilateral insurance cooperation in Yerevan on Thursday, IRNA reported.
February 10, 2017

Iran-U.S. trade at $258m in 2016

TEHRAN- Registering an 11-percent drop in comparison with the preceding year, Iran-U.S. trade in 2016 stood at $258 million.
February 10, 2017

Hungarian bank opens €85m credit line for Iran

TEHRAN- The Hungarian Export-Import Bank (Exim Bank) has opened an 85-million-euro credit line to enhance bilateral trade with Iran, Tasnim news agency reported on Friday.