January 1, 2017

Iranian President Might Help in Lifting Clash of Clans’ Ban

Clash of Clans one of the most popular Supercell MMO strategy games got banned in Iran and has been removed from Cafe Bazaar the biggest local android market. But President Rouhani and Communication Minster might help in lifting Clash of Clans' ban.

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January 1, 2017

Iran’s Auto Production up 39% in 9 Months

The number of four-wheeled motor vehicles manufactured in Iran during the first nine months of the current Iranian calendar year, which started on March 20, shows a 39.1 percent increase compared to the same period last year. From March 20 to December 20, nearly 950,000 four-wheeled vehicles of various types, including automobiles, buses and trucks, […]
January 1, 2017

MP push for Desalination Project in Southern Iran

Iran’s lawmakers passed a legislation calling on the country’s administration to provide at least 30 percent of drinking water in southern provinces through desalination (removing salt from seawater). During an open session of the parliament held on Wednesday to discuss the 6th 5-Year Development Plan, the MPs voted for an article of the plan obliging […]
January 1, 2017

IRISL and Kazakhstan to Establish a Joint Company

By John Lee. The chief executive officers of Islamic Republic of Iran Shipping Line (IRISL) and Kazakhstan’s KTZ Express – a subsidiary of the country’s national railways company- have signed an agreement to establish a joint company. On the sideline of Iran’s president visit to Kazakhstan, an agreement for establishing a joint company between Islamic […]
January 1, 2017

Heavy Fines for Illegal Moneychangers

By John Lee. Financial Tribune reports that many illegal bureaux de change in Iran have received heavy fines. The director general for banking regulations, licensing and anti-money laundering at the Central Bank of Iran (CBI), Abdolmahdi Arjomandnejad, said: “The authorities have taken legal measures against those who fail to obtain licenses for their currency exchange […]
January 1, 2017

Iran sells crude oil at $52.16 in a week

TEHRAN- Iranian light crude oil price continued its upward trend in the week ended on December 23, increasing 30 cents per barrel (pb) to reach $52.16, IRNA reported on Saturday.
January 1, 2017

Crude steel output up 9 percent in Iran

TEHRAN- Iran produced 12.319 million tons of crude steel in the first eight months of the current Iranian calendar year (March 20-November 20), with 9 percent rise from 11.311 million tons in the same period last year, Shata news reported on Saturday.
January 1, 2017

South Pars 9-month gas extraction exceeds 109bcm

TEHRAN – Iran’s nine-month gas extraction from the giant South Pars gas field (which the country shares with Qatar in Persian Gulf) has reached 109.496 billion cubic meters (bcm), IRNA quoted an oil official as saying on Friday.
January 1, 2017

Iran’s NIPO, Korea’s KPC sign co-op MOU

TEHRAN- The National Iranian Productivity Organization (NIPO) inked a cooperation memorandum of understating (MOU) with Korea’s Productivity Center (KPO), IRNA quoted the Iranian organization’s head Roya Tabatabaei Yazdi on Saturday.
December 31, 2016

A tumultuous year: the 2016 global economy

Source: Tehran Times
December 31, 2016

Tax income exceeds $15 billion in 8 months

TEHRAN - Iran gained some 618 trillion rials (about $15.5 billion) in tax income during the first eight months of the current Iranian calendar year (ended November 20, 2016).
December 31, 2016

DSME to help Iran shipbuilding industry

The South Korean shipbuilder signed a deal with Iran’s Industrial Development and Renovation Organization (IDRO) to help spur Iran's shipbuilding industry.
December 31, 2016

Asalouyeh featuring Iran’s petrochemical progress

TEHRAN- Iranian port of Asalouyeh demonstrated some of its new changes to a group of reporters and journalists who visited the area during a two-day media tour organized by the National Petrochemical Company (NPC).
December 31, 2016

ICCIMA head appointed as SRCIC’s vice chairman

TEHRAN- Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has been appointed as the vice chairman of Silk Road Chamber of International Commerce (SRCIC).
December 30, 2016

Iran’s car output hikes above 39%

TEHRAN– The number of automobiles manufactured in Iran during the first nine months of the current Iranian calendar year (ending December 20) registered a 39.1 percent increase compared to the same period last year, Tasnim news agency reported.
December 30, 2016

Iran has Signed 12 Oil Contracts with Foreign Firms

A senior Iranian oil official said the country has signed 12 contracts with foreign companies operating in the oil industry. The Islamic Republic has signed 12 memorandums of understanding (MoUs) with foreign oil companies so far, the deputy head of the National Iranian Oil Company (NIOC), Gholamreza Manouchehri, said on Monday. He added that there […]
December 30, 2016

Iran, EAEU to Start Talks on Free Trade Zone

Formal talks on creation of a free trade zone (FTZ) between Iran and the Eurasian Economic Union (EAEU) will begin soon, the Armenian president said. “The presidents of four countries have approved the proposal that it is necessary to launch negotiating process (on creation of free trade zone) with Iran, Egypt, India and Singapore. That […]
December 30, 2016

Renault Extends Deal with Arya Diesel Motors

Renault Trucks is furthering its corporation with the Iranian importer Arya Diesel Motors. The parties signed two agreements in Lyon: an import agreement covering vehicules from the T, C and K ranges and an industrial cooperation agreement for the assembly of T range vehicles. On 21 December 2016 in Lyon, Bruno Blin, President of Renault […]
December 30, 2016

Iran’s Oil Output up over 18% in 9 Months

The US Energy Agency (EIA) said Iran’s oil production surged by more than 18 percent in the first nine months of the current year. In a recent report on Sunday, the EIA said Iran’s oil production increased by 18.8 percent in 2016, reaching 3.92 million barrels per day (mb/d). It added that the country’s oil […]
December 29, 2016

Iranian Businesses Will Now Get Licenses And Permits Much Faster And Easier

Iran Vice Minister of Economy introduced 8900 new services in business licenses. These services are in license requirements, license confirmations, certifications and credentials and more.

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