February 8, 2017

Iran Offers Private Sector Cooperation with Kyrgyzstan

Iran’s President Hassan Rouhani highlighted the ample grounds for cooperation between the private sectors of Iran and Kyrgyzstan. “Iranian companies are ready to expand cooperation with Kyrgyzstan in the fields of road construction, energy, technical and engineering services, medicine, and pharmacy,” President Rouhani said at a Sunday meeting with Kyrgyzstan’s new ambassador to Tehran. The […]
February 8, 2017

Malaysia’s BIV to study two Iranian gas fields

TEHRAN – Malaysian BIV has entered Iran’s oil and gas industry by signing a memorandum of understanding with the National Iranian Oil Company for conducting development studies on two Iranian gas fields.
February 8, 2017

FAO: Global sugar and cereals prices climb in January

The FAO Food Price Index rose notably in January, led by sugar and cereals, even as global markets remain well supplied.
February 8, 2017

Major projects worth $456m inaugurated

TEHRAN – Along with thousands of small scale projects, four major electricity, petrochemical and food industry projects went online in Iranian southwestern Khuzestan province on the occasion of Ten-Day Dawn (February 1-10, marking the victory anniversary of the Islamic Revolution), Iranian local news agencies reported.
February 8, 2017

Foreign investments top $11b in 6 months

TEHRAN- Iran could attract $11.4 billion of foreign investments during the first half of the present Iranian calendar year (March 20- September 21, 2016), the CEO of Organization of Investment Economic and Technical Assistance of Iran (OIETAI) announced.
February 7, 2017

China’s WeChat on Iran’s Doorstep

Telegram the dominant messaging app in Iran with more than 17M Iranian users only on Android, may lose its market share to other potential competitors namely WeChat, VK and KakaoTalk.

The post China’s WeChat on Iran’s Doorstep appeared first on TechRasa.

February 7, 2017

Iran, Oman to finalize gas pipeline project by Feb.-end

TEHRAN – Iran and Oman signed on Tuesday an agreement, based on which the framework for building a gas pipeline intended to carry Iranian gas to the Sultanate will be finalized by the end of February.
February 7, 2017

Iran to spend $3bn on Renewable Energy

By John Lee. Iranian Energy Minister Hamid Chitchian (pictured) has said that Iran plans to invest $3 billion in renewable energy power plants. Speaking at a ceremony to launch three 7-megawatt solar power plants in Hamedan, he said 5,000 megawatts of ...
February 7, 2017

15 Billion Barrel Oil Find in Iran

The Managing Director of the National Iranian Oil Company (NIOC), Ali Kardor, says new discoveries have placed Iran’s total in-situ oil reserves at least 15 billion barrels higher than previous estimates. 2 billion barrels of the amount can be recovered, the official told a press conference. Iran is estimated to be stilling atop 711.53 billion […]
February 7, 2017

Iran’s President Urges Closer Banking Ties with Brazil

Iranian President Hassan Rouhani stressed the need for Tehran and Brasilia to facilitate banking relations in a bid to boost trade exchanges between the two sides. The Islamic Republic of Iran sees no obstacle to the promotion of its relations with Brazil, President Rouhani said Sunday in a meeting in Tehran with new Brazilian Ambassador […]
February 7, 2017

Iran in Talks with European Firms on Petchem Projects

Iran is negotiating with major European enterprises from France, Germany and Britain on cooperation in petrochemical projects, an official announced, saying the talks have not still led to any agreement. Speaking to reporters in Tehran on Wednesday, Managing Director of Iran’s National Petrochemical Company (NPC) Marziyeh Shahdaei said Iran continues to hold talks with France’s […]
February 7, 2017

Iran, Luxembourg to Remove Visa Hurdles for Travelers

A senior official with the Iran-Luxembourg Chamber of Commerce and Industry (Iralux) said Tehran and Luxembourg City plan to take measures to facilitate the issuance of visas for the two countries’ travelers. Iralux is seeking to pave the way for travelers from the two countries to easily obtain travel visas in Luxembourg and Iran, Mahmoud […]
February 7, 2017

Iran Unveils New Weapons

Iran’s Defense Ministry unveiled five new military products on Monday, including a guided rocket and assault weapons, and officially started producing them in the assembly line. In a ceremony in Tehran on Monday, Defense Minister Brigadier General Hossein Dehqan inaugurated the production line of the homegrown weapons. The weapons, designed and manufactured by Iranian experts, […]
February 7, 2017

Aluminum ingot production exceeds 244,500 tons

TEHRAN- Three major aluminum ingot producers in Iran produced 244,577 tons of ingots during the first ten months of the current Iranian calendar year (March 20, 2016- January 19, 2017), IRNA reported.
February 7, 2017

U.S. prevents its oil companies to bid for Iran’s oil projects

TEHRAN – Contrary to Iran’s approval, the U.S. government has banned American companies’ participation in tenders for Iran’s new model of oil contracts, known as IPC, IRNA quoted Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia on Monday.
February 7, 2017

Iran divests state shares worth $481.2m

TEHRAN- Since the beginning of the present Iranian calendar year (March 20, 2016), 18.6 trillion rials (about $481.2 million) worth of Iranian state-run shares has been transferred to the private sector, IRIB news reported.
February 7, 2017

Foreign ministry, ICCIMA to collaborate on enhancing intl. trade ties

TEHRAN- Iranian Foreign Ministry and the Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) plan to set annual joint economic targets to improve Iran’s international trade ties and marketing, Tasnim news agency quoted the Deputy Chief of ICCIMA.
February 7, 2017

Kenyan market ready to attract Iranian investments

TEHRAN- Being a member of the Common Market for Eastern and Southern Africa (COMESA), the Kenyan market has turned into a lucrative destination for Iranian investors, IRIB news quoted Iranian Commercial Attaché in Nairobi.
February 7, 2017

U.S. prevents its oil companies to bid for Iran’s oil projects

TEHRAN – Contrary to Iran’s approval, the U.S. government has banned American companies’ participation in tenders for Iran’s new model of oil contracts, known as IPC, IRNA quoted Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia on Monday.
February 7, 2017

Minerals exports up 50% in 9 months yr/yr

TEHRAN – The value of minerals Iran exported during the first nine months of the current Iranian calendar year (March 20, - December 20, 2016) has witnessed a 50 percent jump, IRNA quoted an industry official as saying.