October 18, 2016

Vodafone in Iran Infrastructure Deal

UK-based mobile phone company Vodafone and Iranian ISP HiWEB today jointly announced a new non-equity Partner Market agreement for Iran. Vodafone will assist HiWEB in rolling out and modernising network and IT infrastructure, expanding the fixed and mobile internet services – under the HiWEB brand – that HiWEB can offer to its Iranian consumer and […]
October 18, 2016

Ireland Signs Deal to Export Sheep Meat to Iran

Ireland’s Minister for Agriculture, Food and Marine, Michael Creed, said the country’s exporters can now ship sheep meat to Iran following an agreement with the relevant Iranian authorities. “It is also an issue which I raised directly in bilateral meetings with the Iranian Ambassador to Ireland, His Excellency Mr. Javad Kachoueian,” Creed said recently as […]
October 18, 2016

Why Rouhani won’t Halt Costly Cash Handouts

By Bijan Khajehpour, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Why Rouhani won’t Halt Costly Cash Handouts anytime soon Iran kick-started a subsidy reform plan in December 2010 that was originally drafted to be implemented in three phases over five years. Given the change […]
October 18, 2016

Luxembourg’s Economy Minister in Iran for Business Talks

Luxembourg’s Economy Minister Etienne Schneider arrived in Tehran early on Monday to hold talks with senior Iranian officials. Heading a high-ranking economic delegation, Schneider is scheduled to sit down with Iranian business leaders active in the field of ICT during his three-day visit to the Iranian capital, Luxemburger Wort website reported on Monday. The Luxembourgian […]
October 18, 2016

Danish Conglomerate to Promote Iranian Oil Upstream

Paul Munk Andersen, Deputy Managing Director of Danish conglomerate Maersk Group, says his company is ready to cooperate with Iranian companies to promote Iran’s upstream oil sector. Anderson told Shana that Iran can use advanced technology to benefit from its oil and gas sources and enhance recovery. A Member of the Board of Diretors of Wintershall, […]
October 18, 2016

3rd all-Iranian container ship launched

TEHRAN - Kashan, the third container ship fully designed and built by Iran Shipbuilding and Offshore Industries Complex Company (ISOICO), was launched in the southern port of Bandar Abbas on Tuesday.
October 18, 2016

Iran, Luxemburg agree on mutual investment, double taxation avoidance

TEHRAN – Iran and Luxemburg agreed to sign a deal by the end of October on mutual investment and double taxation avoidance.
October 18, 2016

Persian Gulf Star refinery’s distillation unit to come online

TEHRAN – The distillation unit of the Persian Gulf Star Refinery will come on stream today, Shana news agency reported on Monday.
October 17, 2016

Extraordinary Participation in Iran’s Online Population Census

This year more than 5.16 million Iranian families participated in Iran's Online Population Census. This is the first time that Statistical Center of Iran (SCI) is conducting the census online.

The post Extraordinary Participation in Iran’s Online Population Census appeared first on Techrasa.

October 17, 2016

Iran aims to boost trade ports capacity to 217m tons

TEHRAN – Iran’s Ports and Maritime Organization (PMO) has it on the agenda to increase the current 209 million-ton capacity of the country’s trade ports to 217 million tons, IRNA reported on Monday quoting PMO’s Managing Director Mohammad Saeednejad.
October 17, 2016

Tehran hosting regional railroad meeting

TEHRAN – Railways of Iran, Tajikistan, Turkey, Turkmenistan, and Kazakhstan started a two-day meeting in Tehran on Monday, aiming to give a boost to rail transactions between Central Asia and Europe.
October 17, 2016

Iran to boost oil output to 4 million barrels

Iran, OPEC’s third-biggest member, plans to boost its oil output to a level of 4 million barrels a day this year, potentially complicating the producer group’s plan to cut supply in an effort to prop up prices.
October 17, 2016

Iran calls OPEC’s decision to limit output ‘baby step in right direction’

Iran's deputy oil minister said on Monday that the OPEC's primary agreement in Algeria to limit oil output at 32.5 million barrels per day was a small step but in right direction.
October 17, 2016

Iran oil minister: hopes soon to reach Qatar’s gas production

Iran hopes by early next year to boost its natural gas production to Qatar's level, Iranian oil minister Bijan Zanganeh told an energy conference on Monday.
October 17, 2016

US, Japanese Banks to Fund Boeing Sales to Iran

US plane manufacturer Boeing has reached an agreement with an American bank to provide financing for Iran’s purchase of airliners in cooperation with a Japanese bank, an informed source announced. The informed source at Iran’s government said according to an agreement between Boeing and a US bank, the purchase of the civil aircraft will be […]
October 17, 2016

Iran “warns Iraq over Gas Debts”

By John Lee. Iranian deputy oil minister Ali Kardor has reportedly urged Iraq to pay off its outstanding debts relating to the construction of a joint gas pipeline with the Islamic Republic. According to Mehr News Agency, he said that if Baghdad fails to settle its outstanding debts, Tehran will not deliver gas to Iraq. The […]
October 17, 2016

Nigeria Calls for Closer Cooperation with Iran in Mining

Nigerian Minister of State for Mines and Steel Development Abubakar Bawa Bwari called for closer ties with Iran in various areas of mining industry. In a recent meeting with Iranian Ambassador to Nigeria Morteza Rahimi Zarchi, Bwari stated that Iran is advanced in coal to power and mining exploration which Nigeria could benefit from. The […]
October 17, 2016

South Pars phases 17, 18 last platform to be loaded tomorrow

TEHRAN- Platform 17B of Iran’s South Pars gas field (in Persian Gulf) will be loaded at Bandar-Abbas yard tomorrow for delivery to its designated offshore spot, according to the Shana news agency.
October 17, 2016

Iranian oil prices hike $5 per barrel in a week

Tehran- The price of Iran’s exported oil in the week ending October 7, witnessed a $5 increase per barrel, IRNA reported on Sunday.
October 17, 2016

Kianersi appointed NITC’s new managing director

TEHRAN - The board of directors of National Iranian Tanker Company (NITC) decided on Saturday to replace Ali-Akbar Safaei with Sirous Kianersi as the new managing director, Shana reported.