November 5, 2016

NIOC, PGNiG Sign MoU to Study Sumar Oilfield

The National Iranian Oil Company (NIOC) and Polish Oil & Gas Company (PGNiG) have signed a Memorandum of Understanding (MoU) under which the Polish company will study the Sumar oil field. Signatories to the MoU were the NIOC Deputy Chief for Development and Engineering Affairs Gholam-Reza Manouchehri and Managing Director at Polish Oil & Gas […]
November 5, 2016

Video: Iran looks to Lure Investors after Sanctions

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Iran’s government is ramping up efforts to lure more international investors after 10 years of sanctions were lifted last year. It sees an opportunity for foreign firms to overhaul its outdated banking system […]
November 5, 2016

New Career Opportunities in Iran

By John Lee. The United Nations has advertised new jobs in Iran: Intern – Un-habitat Public Information and Communication, United Nations Human Settlements Programme Intern – UN-Habitat Programme Support (Urban Planning and Management), United Nations Human Settlements Programme (Source: UN) (Picture credit: Amir1140)
November 5, 2016

Does Iranian law consider US a hostile state?

By Ali Omidi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. On Oct. 18, Mizan, the Iranian judiciary’s news agency, reported that Iranian-American businessman Siamak Namazi, who has been held for more than a year, and his father Baquer, who was detained in February, had both […]
November 5, 2016

Siemens Is After Iran’s Energy Sector

Siemens will strengthen its role as a technology partner to Iran’s energy sector, demonstrating world-class electricity management solutions at the 16th International Electricity Exhibition of Iran (IEE) from November 5th to 8th in Tehran.

The post Siemens Is After Iran’s Energy Sector appeared first on Techrasa.

November 5, 2016

Pharmaceuticals, medical equipment exports up 50%: TPO

TEHRAN - Iran has exported $103 million of pharmaceuticals and medical equipment since the beginning of the current Iranian calendar year (March 20), a 50 percent rise year on year, IRNA reported quoting Trade Promotion Organization Head Mojtaba Khosr...
November 5, 2016

Pharmaceuticals, medical equipment exports up 50%: TPO

TEHRAN - Iran has exported $103 million of pharmaceuticals and medical equipment since the beginning of the current Iranian calendar year (March 20), a 50 percent rise year on year, IRNA reported quoting Trade Promotion Organization Head Mojtaba Khosr...
November 5, 2016

Picture of the day

Iran’s First Vice President Es’haq Jahangiri (1st R) and Industry, Mining and Trade Minister Mohammadreza Ne’matzadeh (1st L) inaugurated a rail manufacturing plant in the central province of Isfahan on Thursday.    (IRNA/Rasoul Shojaei)
November 5, 2016

Picture of the day

Iran’s First Vice President Es’haq Jahangiri (1st R) and Industry, Mining and Trade Minister Mohammadreza Ne’matzadeh (1st L) inaugurated a rail manufacturing plant in the central province of Isfahan on Thursday.    (IRNA/Rasoul Shojaei)
November 5, 2016

China willing to finance Pakistan’s portion of Iran-Pakistan pipeline

With Iran coming out of decades-long global economic isolation, China has offered Pakistan that it was willing to finance the un-built portion of a multibillion-dollar gas pipeline project.
November 5, 2016

China willing to finance Pakistan’s portion of Iran-Pakistan pipeline

With Iran coming out of decades-long global economic isolation, China has offered Pakistan that it was willing to finance the un-built portion of a multibillion-dollar gas pipeline project.
November 5, 2016

Iran’s petrochemical capacity to grow threefold by 2025: consultancy

Iran is set to increase its total petrochemical capacity from 59 million tons (mt) to 180 mt within the next 10 years, an executive from U.S. consultancy firm Frost & Sullivan said Thursday on the sidelines of the 4th CMRI Petrochemical Conference in Seoul.
November 5, 2016

Iran’s petrochemical capacity to grow threefold by 2025: consultancy

Iran is set to increase its total petrochemical capacity from 59 million tons (mt) to 180 mt within the next 10 years, an executive from U.S. consultancy firm Frost & Sullivan said Thursday on the sidelines of the 4th CMRI Petrochemical Conference in Seoul.
November 4, 2016

Tehran attracts over $30m in foreign investment

TEHRAN- Tehran province attracted over $30 million in foreign investment during the first seven months of the current Iranian calendar year (March 20-Septemebr 21), IRNA reported on Friday quoting Allah-Mohammad Aqaei, director general of Tehran Financ...
November 4, 2016

Tehran attracts over $30m in foreign investment

TEHRAN- Tehran province attracted over $30 million in foreign investment during the first seven months of the current Iranian calendar year (March 20-Septemebr 21), IRNA reported on Friday quoting Allah-Mohammad Aqaei, director general of Tehran Financ...
November 4, 2016

Lufthansa says cooperation with Iranian airlines possible

TEHRAN – Executive vice president of sales for the Germany's flagship carrier Lufthansa, Jens Bischof, told ISNA that through some necessary grounds provided, direct cooperation between German and Iranian airlines is possible.
November 4, 2016

Lufthansa says cooperation with Iranian airlines possible

TEHRAN – Executive vice president of sales for the Germany's flagship carrier Lufthansa, Jens Bischof, told ISNA that through some necessary grounds provided, direct cooperation between German and Iranian airlines is possible.
November 3, 2016

Iran to Receive 9 Brand-New Planes in Months

An Iranian deputy minister said the country is going to receive nine of the new passenger planes it has purchased from Airbus within the coming months, before the new Iranian year. According to Deputy Roads and Urban Development Minister Asghar Fakhrieh, 9 planes are expected to join the fleet of civil flights before the new […]
November 3, 2016

UK Working to Expand Trade Ties with Tehran

British Trade Secretary Liam Fox said London is seeking to address concerns of its banking sector about ties with Iran in an attempt to boost business ties with the Islamic Republic following the removal of anti-Tehran sanctions. “Slowly but with increasing enthusiasm, British companies are starting to do business with Iran again … We are […]
November 3, 2016

CNPCI told to Cut Costs in bid for N Azadegan

By John Lee. Iran has reportly told China National Petroleum Company International (CNPCI) that it will have to offer much lower costs to reflect Iran’s improved post-sanctions position, if it is to win the job of doubling output at the North Azadegan oilfield. According to the report from UpstreamOnline, CNPCI completed phase one of the […]