November 16, 2016

Iran has huge untapped potentials in renewables: official

TEHRAN – Iranian Deputy Energy Minister Sattar Mahmoudi said on Tuesday that Iran has the capacity to generate 60,000 megawatts (MW) of solar electricity, IRNA reported.
November 16, 2016

Iran has huge untapped potentials in renewables: official

TEHRAN – Iranian Deputy Energy Minister Sattar Mahmoudi said on Tuesday that Iran has the capacity to generate 60,000 megawatts (MW) of solar electricity, IRNA reported.
November 16, 2016

Iran Expects Six-Fold Rise in Foreign Investments

A member of Tehran Chamber of Commerce said the number of foreign direct investment projects in Iran is expected to increase six-fold by next March. Foreign investments in Iran for each Persian calendar year (starting 21 March) stood at about $2 billion, Feriyal Mostofi said. He added that once contracts between Iranian and foreign firms […]
November 16, 2016

Will Gold Exports help Boost Iran’s Economy?

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. Millennia after the discovery of gold, the metal continues to retain its value and status as precious and remains widely used. Its unique characteristics, including its malleability and resistance to corrosion, have made into […]
November 16, 2016

EU urges Trump to Commit to Iran Nuclear Deal

By John Lee. Foreign ministers from the European Union (EU) reaffirmed on Monday their commitment to the nuclear agreement with Iran. Their statement comes following discussions about the election of Donald Trump as President-elect of the United States. Trump was strongly opposed to the Iran nuclear deal. The full statement can be downloaded here. (Source: EU) (Image: […]
November 16, 2016

Police deny License Plates for U.S.-made Cars

By John Lee. Iranian police have reportedly stopped issuing number plates for cars made in the United States. Police spokesman Saeed Montazerolmahdi is quoted as saying: “All American-made and U.S.-brand vehicles, including Honda and Toyota, are banned from receiving number plate services by the police. “The General Board of Police made this decision in July […]
November 16, 2016

NPC in Talks on 12bn-Euro Credit Line

The Director of the Investment Department at the National Iranian Petrochemical Company (NPC), Hossein Alimorad, says his company is busy in talks with two German companies to open credit lines of 12 billion euros. Alimorad, briefing a press conference on petrochemical investment and financing, said the investment and capital attraction and financing projects will take […]
November 16, 2016

Iran, Germany forging mining, banking, tech bonds

TEHRAN- Iranian industry, mining, and trade officials conferred development of mining, banking and technology ties with the two visiting German ministers and high-ranking banking officials in Tehran on Monday.
November 16, 2016

Iran, Germany forging mining, banking, tech bonds

TEHRAN- Iranian industry, mining, and trade officials conferred development of mining, banking and technology ties with the two visiting German ministers and high-ranking banking officials in Tehran on Monday.
November 16, 2016

Iranian fin. min leaves Tehran for Brazil

TEHRAN- Iranian Finance Minister Ali Tayyebnia left the Iranian capital for Brazil on Tuesday to attend the 4th meeting of Iran-Brazil Joint Economic Committee, IRIB news reported.
November 16, 2016

Iranian fin. min leaves Tehran for Brazil

TEHRAN- Iranian Finance Minister Ali Tayyebnia left the Iranian capital for Brazil on Tuesday to attend the 4th meeting of Iran-Brazil Joint Economic Committee, IRIB news reported.
November 16, 2016

Iran intl. auto part exhibition hosting 540 foreign companies

TEHRAN – Attended by more than 540 foreign exhibitors and 470 domestic participants, the 11th edition of Iran International Auto Part Exhibition kicked off in Tehran on Tuesday, IRNA reported.
November 16, 2016

Iran intl. auto part exhibition hosting 540 foreign companies

TEHRAN – Attended by more than 540 foreign exhibitors and 470 domestic participants, the 11th edition of Iran International Auto Part Exhibition kicked off in Tehran on Tuesday, IRNA reported.
November 15, 2016

Iran Game Industry Compared to U.S.

Did you know that out of 79M people in Iran, there are 23M gamers in the country? or did you know Iran's game industry had 153 million dollars revenue in 2015 and it's increasing each year? I guess not.

The post Iran Game Industry Compared to U.S. appeared first on Techrasa.

November 15, 2016

Iran, Oman, IOCs study Gas Exports

By John Lee. Platts reports that senior officials from the National Iranian Gas Exports Company (NIGEC) have met with Oman’s oil ministry and three international oil companies — Shell, Total and Korea Gas Corporation (KOGAS) — to look at the potential to pipe gas from Iran to Oman. They held a two-day meeting in Tehran […]
November 15, 2016

Iran Inaugurates Three Joint Oilfields in Khouzestan

Iran has launched first phase production at three fields in its oil-rich Khouzestan province which bring its total crude output to 300’000 barrels per day. Production from Yadavaran, North Yaran and North Azadegan were inaugurated in an official ceremony attended by President Hassan Rouhani. Iran had awarded Yadavaran to China’s Sinopec through a contract worth […]
November 15, 2016

The Russian-Iranian Alliance that wasn’t

By Hamidreza Azizi, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Russian Foreign Minister Sergey Lavrov on Oct. 28 in Moscow hosted his Iranian and Syrian counterparts, Mohammad Javad Zarif and Walid Moallem, respectively, to discuss the latest developments regarding Syria and to coordinate action […]
November 15, 2016

Iranian Diplomat Cautions against Iraq Trip without Visa

An Iranian deputy foreign minister denied rumors that Iraq has removed visa requirements for pilgrims going to the Arab country for Arbaeen rituals, stressing that all visitors will still need visas from the Iraqi government to cross the border. Illegal entry into Iraq, namely without a valid visa, will carry a prison sentence of up […]
November 15, 2016

Iran’s ICC, Turkey’s MUSIAD Ink Cooperation Document

Iran’s Chamber of Cooperatives (ICC) and Turkey’s Independent Industrialists and Businessmen’s Association (MUSIAD) signed a memorandum of understanding (MoU) to develop mutual cooperation. The MoU was signed during a recent ceremony in Istanbul attended by Bahman Abdollahi, the head of ICC, and MUSIAD Chairman Nail Olpak. “Ankara intends to implement all trade and economic agreements […]
November 15, 2016

Italians to build €750m refinery in Iran

TEHRAN – Iran has reached an agreement with two Italian companies to cooperate on building a gas condensate refinery in the country, IRNA quoted an official as saying on Tuesday.