October 26, 2016

Tehran to host intl. electricity expo early-Nov.

TEHRAN – As the country’s biggest event in electricity sphere, the 16th Iran International Electricity Exhibition (IEE 2016) is due to be held from November 5 to 8 at the Tehran International Permanent Fairgrounds, Iran’s Trade Promotion Organization (TPO) announced.
October 26, 2016

Tehran, Helsinki call for co-op in oil industry

TEHRAN - Deputy Iranian Oil Minister for International Affairs Amir Hossein Zamaninia and Finish Secretary of State Peter Stenlund on Tuesday discussed the grounds of mutual cooperation in oil industry, IRIB reported.
October 26, 2016

Iran to sign 6 Oil Contracts with Int’l Firms

Iran will soon sign six agreements with international energy giants over the development of its oil sector projects, Gholam-Reza Manouchehri, the deputy for engineering and development affairs of the National Iranian Oil Company (NIOC) stated. Emphasizing that the companies that win oil sector deals in Iran will have to team up with locals Manouchehri said: […]
October 26, 2016

South Korea to Help Develop Iran’s Capital Market

South Korea’s Vice Chairman of Financial Services Commission Jeong Eun-bo said Seoul plans to help Iran develop its capital market. Bilateral cooperation between Iran and South Korea has gained momentum following the removal of anti-Tehran sanctions, Jeong said, Yonhap news agency reported on Tuesday. He made the remarks in a recent meeting with Shapour Mohammadi, […]
October 26, 2016

Rouhani breaks his Silence on US Presidential Race

By Rohollah Faghihi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. For the first time, Iran’s President Hassan Rouhani spoke about the US presidential election, which is a hotly debated issue in the Iranian media. On Oct. 23, Rouhani, while on a provincial trip to Arak […]
October 26, 2016

UK Removes Iranian Bank from Sanctions List

Bank Saderat Iran (BSI) has been removed from Britain’s list of sanctioned entities, a report said. The UK Treasury made an announcement on Monday, saying that it has lifted its sanctions on the Iranian bank, which had been blacklisted as a result of sanctions against Iran. The decision to delist the bank, it said, was […]
October 26, 2016

Malaysia wants Cooperation with Iran in Halal Industry

Malaysian International Trade and Industry Minister Mustapa Mohamed voiced his country’s willingness to have cooperation with the Islamic Republic of Iran in the field of halal industry. The two countries can have joint investment in the production of halal food, halal medicine and halal cosmetics, he said after a meeting in Tehran with Head of […]
October 26, 2016

Iran-China trade at above $22b in 9 months: report

TEHRAN - China’s trade with Iran stood at $22.12 billion in the first three quarters of 2016, Tasnim news agency reported on Tuesday.
October 26, 2016

Iranian trade delegation to embark for Germany, Austria on Nov. 20

TEHRAN- Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) plans to dispatch a trade delegation headed by TCCIMA Chairman Masoud Khansari to Germany and Austria on November 20, the official website of TCCIMA announced.
October 26, 2016

Tehran to host intl. urban transportation expo

TEHRAN – The 14th edition of Iran’s International Exhibition of Transportation and Urban Services is due to kick off in Tehran on October 27, IRIB news reported.
October 26, 2016

Picture of the day

Sunjay Sudhir, joint secretary for international cooperation at India’s oil ministry, heading a delegation, met with Amir Hossein Zamaninia, Iranian deputy oil minister for international affairs, in Tehran on Tuesday.
October 26, 2016

Iran’s 6-month pistachio exports up 20% yr/yr

TEHRAN- Iran exported $381.647 million of pistachio during the first half of the current Iranian calendar year (March 20-Septemebr 21) showing 20 percent rise compared to the same period of time in the previous year, IRNA reported on Tuesday citing the...
October 26, 2016

Iran’s 6-month pistachio exports up 20% yr/yr

TEHRAN- Iran exported $381.647 million of pistachio during the first half of the current Iranian calendar year (March 20-Septemebr 21) showing 20 percent rise compared to the same period of time in the previous year, IRNA reported on Tuesday citing the...
October 26, 2016

Iran, Singapore agree to enhance banking ties

TEHRAN– Valiollah Seif, the governor of Central Bank of Iran (CBI), and Ravi Menon, the managing director of Central Bank of Singapore, agreed on cooperation for the enhancement of banking ties, IRNA reported.
October 26, 2016

Iran, Singapore agree to enhance banking ties

TEHRAN– Valiollah Seif, the governor of Central Bank of Iran (CBI), and Ravi Menon, the managing director of Central Bank of Singapore, agreed on cooperation for the enhancement of banking ties, IRNA reported.
October 26, 2016

Renault Sales in Iran Up by 127% in September

French carmaker Renault announced that its sales of automobiles to Iran increased by 127 percent in September 2016. Renault sales in Iran reached 12,500 vehicles in September, showing a 127 percent increase compared to the same month last year, the French company’ monthly sales data showed. The automaker’s sales of vehicles in Iran from January […]
October 26, 2016

Iran’s new challenge: The Islamic State in Persia?

By Ali Hashem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. When Islamic State (IS) leader Abu Bakr al-Baghdadi announced on June 29, 2014, his self-styled caliphate, its borders were only about 20 miles from those of Iran. IS-controlled territory extended to the Iraqi border […]
October 25, 2016

Iran, Total to Finalize Major Petchem Deal Soon

Iran and the French energy giant Total are expected to finalize a $2 billion deal by the end of the current Iranian calendar year (March 20, 2017), a report said. “In recent months, Total has assessed petrochemical projects in Iran and reviewed the status of feedstock. Now, their final plan is ready and the contract […]
October 25, 2016

New Career Opportunity in Iran

By John Lee. The United Nations has advertised a new job in Iran: International Consultancy Services for Partnership and Resource Mobilization (PRM), United Nations Development Programme (UNDP) (Source: UN) (Picture credit: Ninara)
October 25, 2016

Rouhani to Scrap Iran’s 5-yr Development Plans?

By Alireza Ramezani, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Does Rouhani want to scrap Iran’s 5-year development plans? Two weeks after Iranian President Hassan Rouhani ordered government bodies to prepare their annual budget plans for the fiscal year starting March 21, 2017, senior […]