October 1, 2016

Iran-Germany business commission to meet on Monday

German Economy Minister Sigmar Gabriel, leading a 100-member delegation, will attend Iran-Germany business commission in Tehran on Monday and he also plans to take part in some meetings to be held in the building of Iran Chamber of Commerce, Industries...
October 1, 2016

Athens calls for expansion of economic ties with Tehran

Tehran- “Greece looks for development of economic, specially banking relations with Iran,” said the Greek Deputy Prime Minister Yannis Dragasakis in his meeting with the Governor of the Central Bank of Iran (CBI) Valiollah Seif in Athens on Thursday.
October 1, 2016

Chabahar port project to take off soon: Indian min.

Indian Road Transport and Highways Minister Nitin Gadakri has said the work on the Chabahar Port will begin soon once the tender process is over and hoped the project will open a new gateway for development of India, Iran and Afghanistan by boosting re...
October 1, 2016

Apple Opened up Its App Store to Iran Again

Two days ago Apple opened up its App Store to Iranians once again. Apple iPhone always had a great market in Iran. But with the complicated relationship between Iran and U.S., Iranians had to deal with a lot of problems from the start.

The post Apple Opened up Its App Store to Iran Again appeared first on Techrasa.

September 30, 2016

IDRO, Renault ink joint venture deal

TEHRAN- Industrial Development and Renovation Organization of Iran (IDRO) and French multinational automobile manufacturer Renault signed a deal on making joint venture in Iran, IRNA reported on Friday.
September 30, 2016

TSE attracts $2.45b of investments in 6 months

TEHRAN- Tehran Stocks Exchange (TSE) could attract 85.992 trillion rials (above $2.45 billion) of investments during the first half of the current Iranian calendar year (March 20-September 20).
September 30, 2016

Tehran to host 200 companies in MINEX 2016

TEHRAN- The 5th Annual Iran’s Mines and Mining Industries Exhibition and Conference on Investment Opportunities in Iran’s Mines and Mining Industries (MINEX 2016) will start operation tomorrow in Tehran, IRIB news reported.
September 30, 2016

OPEC agrees modest oil output curbs in first deal since 2008

OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group's leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices.
September 30, 2016

Goldman says OPEC deal to add as much as $10 to H1 2017 oil prices

Goldman Sachs said the deal reached by OPEC crude producers on Wednesday to curb output should add $7 to $10 to oil prices in the first half of next year.
September 30, 2016

Peugeot to Sell over 450,000 Vehicles in Iran in 2016-2017

The CEO of PSA Peugeot Citroen said the French carmaker plans to sell over 150,000 Peugeot vehicles in Iran in the second half of this year, a report said. Carlos Tavares (pictured) told reporters at the Paris autoshow on Thursday that Peugeot will sell over 150,000 vehicles in 2016 as well as over 300,000 in […]
September 30, 2016

Major Shipping Lines Return to Iranian Ports

By John Lee. The Deputy Managing Director of Iran’s Ports and Maritime Organization (PMO), Jalil Eslami, has said that of the 22 international lines that were active in Iran before sanctions were imposed, 14 of them have resumed their activities in recent months, while eight more have said they intend to do so. They are […]
September 30, 2016

Financial Watchdog Worries Iranian Hard-liners

By Saheb Sadeghi, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The Iranian government’s efforts to get off the Financial Action Task Force (FATF) blacklist is spurring attacks against President Hassan Rouhani by primarily conservative forces. Given the agreement to adhere to FATF guidelines, critics […]
September 30, 2016

Building Market Opportunity and Women’s Networks in MENA

By Madeleine White Reflections on Trade+ Impact summit, in Ifrane, Morocco 19-23rd September 2016 Madeleine is co-founder of Nina magazine, Impact director of Enterprise development NGO Challenges Worldwide (a founder member of the Access to Finance for Rural Enterprise (ACRE) consortium). Madeleine contributed to discussions around the importance of impact investment and social enterprise within wider economic […]
September 29, 2016

China to issue $10bn to Finance Iranian Projects

By John Lee. China’s CITIC Group Corporation, formerly the China International Trust and Investment Corporation, has expressed its readiness to allocate a $10 billion loan for Iranian mineral projects, the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said. According to a report from Trend, company official Zhou Yafang said the required permissions […]
September 29, 2016

Japan to Fund Iranian Petchem Projects

Japan has reportedly agreed to fund the development of some petrochemical projects in Iran. A deal has been signed between the Persian Gulf Petrochemical Industries Company (PGPIC) and Japan’s Marubeni to provide as much as €320 million for the development of PGPIC’s petrochemical projects, IRNA reported. The financing will be done through a mechanism known […]
September 29, 2016

Australian Natural Health Firm in Iranian Deal

By John Lee. Australian natural health company Blackmores has sec­ured a deal to gain access to the Iran­ian market. According to a report from The Australian, the company will partner with local firm Tasnim Pharma, which will sell 10 Blackmores products over the coming year before ramping up to 25 products, with the Iranian company […]
September 29, 2016

Avita Medical Signs Exclusive Deal in Iran

A dedicated clinic for Avita Medical‘s regenerative medical devices will soon open in Iran following the appointment of an exclusive distributor in this significant aesthetic market, the company said today. Avita Medical Ltd, a regenerative medicine company specialising in new treatments for wounds and skin defects, said the clinic in Tehran would in the first […]
September 29, 2016

Amnesty Int’l: “Shameful” 16-yr Sentence for Human Rights Defender

In response to the news that the 16-year prison sentence against prominent human rights defender Narges Mohammadi, who is critically ill, has been upheld on appeal, Amnesty International’s Research and Advocacy Director, Philip Luther, said: “This verdict is yet another cruel and devastating blow to human rights in Iran, which demonstrates the authorities’ utter contempt […]
September 28, 2016

Annual trade between Iran, Germany to double in 2016: AHK Iran

TEHRAN- The annual trade between Germany and Iran is planned to double in 2016, the chairman of German-Iranian Chamber of Commerce and Industry (AHK Iran), Rene Harun, said in Tehran on Wednesday.
September 28, 2016

Iran, Australia ink trade, water management MOUs

TEHRAN - Iran and Australia signed three memorandums of understanding on trade and water management following the arrival of Australian Minister for Trade, Tourism and Investment Steven Ciobo in Tehran on Tuesday heading a business delegation.