December 8, 2016

Iran’s 8-month copper concentrate production up 14% yr/yr

TEHRAN – Iran’s copper concentrate production in the first eight months of the current Iranian calendar year (March 20-November 20) reached 715,078 tons, registering a 14 percent rise compared to the same period last year, IRIB news reported on Wednesday.
December 8, 2016

Japanese Businesses assured Safe Investment in Iran

Iran’s Foreign Minister Mohammad Javad Zarif provided Japanese business people and merchants with reasons why Iran is a perfectly safe place for investment. The top Iranian diplomat, who is in Japan on the final leg of an Asian tour, attended a meeting of Iranian and Japanese business people in Tokyo’s Hotel Okura on Wednesday. Highlighting […]
December 8, 2016

Marriott Hotels “Very Keen” on Opportunities in Iran

By John Lee. The President and Managing Director for the Middle East and Africa at Marriott International has said his company is “very keen” to enter the Iranian market. According to a report from Gulf News, Alex Kyriakidis (pictured) told a press conference in Abu Dhabi: “Today, Marriott International, being a United States publicly-floated company, […]
December 8, 2016

Bitzer Establishes Subsidiary in Iran

By John Lee. A specialist in refrigeration compressors has announced that it is expanding its presence in Iran. German company Bitzer said it as been “well represented in the Iranian market for decades“, with up to 500,000 running compressors now in use, but now it is establishing its own subsidiary that reports to Dubai. However, […]
December 8, 2016

Russian Defense Contractor Wins Iran Contract

By John Lee. Almaz-Antey, Russia’s biggest defense contractor, has signed an agreement with Iran to modernize the country’s aeronavigation systems. The company said it has signed an agreement with Iran’s Shiraz Electronics Industries (SEI) on cooperation in joint research, development, production, supply and maintenance of ground and airborne civilian equipment and components for air traffic, communication, […]
December 8, 2016

Armenia Doubles Lamb Exports to Iran

By John Lee. Armenia’s Ministry of Agriculture has said that exports of lamb to Iran have increased from 681 metric tonnes for the whole year of 2015, to 2,200 tonnes so far in 2016. Agriculture minister Ignatiy Arakelyan and Iranian  ambassador to Armenia Seyed Kazem Sajjad have discussed the promotion of cooperation in the fields of […]
December 7, 2016

Shell Signs MoU to Study Iran Oilfields

The National Iranian Oil Company (NIOC) and Royal Dutch Shell have signed a memorandum of understanding (MoU) to conduct studies on the Azadegan, Yadavaran and Kish oilfields in Iran. Noureddin Shahnazizadeh, managing director of the Petroleum Engineering and Development Company (PEDEC), from NIOC, and Hans Nijkamp (pictured) from Shell, signed the deal in the presence […]
December 7, 2016

Why Iran is Finding it Hard to Create Jobs

By John Lee. A report this morning from The Economist says that although Iran’s GDP is set to grow about 4.5 percent this year, up from 0.4 percent in 2015, unemployment has increased from 10.7 percent to 12.2 percent. Increased oil exports have been achieved largely by soaking up existing capacity, while the resulting influx […]
December 7, 2016

Iran, Airbus to Cooperate in Building Aircraft Parts

The Head of Iran’s National Space Center, Manouchehr Manteqi, said the French plane manufacturer Airbus plans to cooperate with the Islamic Republic in joint projects to produce aircraft parts in the near future. “We will soon begin cooperation with Airbus in the manufacture of aircraft parts,” Manteqi said on Monday. Spare parts manufacturers are the […]
December 7, 2016

Thai Company to study Iranian Oil Fields

By John Lee. The National Iranian Oil Company (NIOC) and Thailand’s PTT Exploration and Production (PTTEP) have signed a memorandum of understanding on Tuesday to carry out preliminary studies of three oil fields in Iran: Changuleh, Balal and Dalamperi. The Ministry would then evaluate the company’s findings and decide whether to award the project development […]
December 7, 2016

Austrian Firm to Develop Energy Efficiency Projects in Iran

By John Lee. The United Nations Industrial Development Organization (UNIDO) has awarded a $275,000-contract to an Austrian company to develop energy efficiency projects for financing in Iran. ALLPLAN GmbH, which won the deal, is based in Vienna. (Sourc...
December 7, 2016

Iran eyes Close Cooperation with Indonesia

Iranian President Hassan Rouhani called for expansion of trade with Indonesia and stronger cooperation in the oil and gas industry and engineering projects. In a meeting with Chairman of Indonesia’s People’s Consultative Assembly (MPR) Zulkifli Hasan in Tehran on Tuesday, President Rouhani highlighted the ample opportunities for enhancing economic relations between the two Muslim countries. […]
December 7, 2016

Instagram Shows a Glimpse of the Future of E-Commerce

There is an increase in social media channels aiming to make mobile shopping easier. Recently, Facebook introduced the ability to sell directly on a page by using Shopify, a popular e-commerce platform, and now Instagram Shopping will soon allow consumers to shop for products directly in the app.

The post Instagram Shows a Glimpse of the Future of E-Commerce appeared first on Techrasa.

December 7, 2016

Iran invites Japanese companies to invest in its mining, infrastructure projects

TEHRAN- “The Islamic Republic invites Japanese companies to invest in its mining and infrastructure projects including those to develop Iranian railway network and ports,” Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafeie said in Iran-Japan Business Forum in Tokyo, IRNA reported on Wednesday.
December 7, 2016

Iran invites Japanese companies to invest in its mining, infrastructure projects

TEHRAN- “The Islamic Republic invites Japanese companies to invest in its mining and infrastructure projects including those to develop Iranian railway network and ports,” Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafeie said in Iran-Japan Business Forum in Tokyo, IRNA reported on Wednesday.
December 7, 2016

Baghdad to host Iran’s specialized expo in mid-Dec.

TEHRAN- Iran’s 3rd specialized exhibition of industrial equipment and production lines’ machineries will be held in Baghdad International Fairgrounds in mid-December, the Public Relations Department of Trade Promotion organization of Iran (TPO) announced.
December 7, 2016

Baghdad to host Iran’s specialized expo in mid-Dec.

TEHRAN- Iran’s 3rd specialized exhibition of industrial equipment and production lines’ machineries will be held in Baghdad International Fairgrounds in mid-December, the Public Relations Department of Trade Promotion organization of Iran (TPO) announced.
December 7, 2016

Austrian energy giants due in Tehran on Saturday to investigate co-op

TEHRAN- Austria’s OMV along with some other leading energy companies of the country will arrive in Tehran on Saturday to participate in Iran-Austria Joint Energy Committee meeting for investigating the two countries’ energy cooperation roadmap.
December 7, 2016

Austrian energy giants due in Tehran on Saturday to investigate co-op

TEHRAN- Austria’s OMV along with some other leading energy companies of the country will arrive in Tehran on Saturday to participate in Iran-Austria Joint Energy Committee meeting for investigating the two countries’ energy cooperation roadmap.
December 7, 2016

Iran, Russia to hold 1st Joint Energy Committee meeting next week

TEHRAN – Chaired by Iran's Deputy Oil Minister Amir-Hossein Zamaninia and Russian Deputy Energy Minister, the first Iran-Russia Joint Energy Committee meeting is due to be held in Tehran on December 12, Shana reported on Wednesday.