August 23, 2016

Cafe Bazaar and Divar Expand to Afghanistan

Cafe Bazaar and Divaar expand their services to Afghanistan.

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August 21, 2016

Chairman of Iran’s chamber of commerce resigns

TEHRAN– The board of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), in a meeting on Sunday, accepted the resignation of the chairman Mohsen Jalalpour, Islamic Republic News Agency (IRNA) reported.
August 21, 2016

Iran puts trust in market to deliver currency boost to recovery

Iran’s central bank is signaling that it will loosen its grip on the rial in an effort to end a dual-exchange rate system seen as an obstacle deterring foreign investment needed to rebuild the economy.
August 21, 2016

Iran’s 4-month tax income up 29% yr/yr

TEHRAN- Iran’s direct tax income reached 275 trillion rials (about $7.77 billion) in the first four months of the current Iranian calendar year (March 21-July 21), ISNA quoted Kamel Taqavinejad, the head of Iranian National Tax Administration (INTA), as saying on Sunday.
August 21, 2016

Cement, clinker exports from Iran above 4.4m tons in 4 months

TEHRAN- Iran exported 4.4 million tons of cement and clinker in the first four months of the current Iranian calendar year (March 20- July 21), Secretary of Cement Industry Employers Association Abdolreza Sheikhan told IRNA on Saturday.
August 21, 2016

Picture of the day

The project of constructing Persian Gulf Star Refinery in Iran’s southern city of Bandar Abbas is 86 percent complete at the moment. Completion of the first phase of the project, which has 90 percent progress currently, will make Iran self-sufficient in gasoline production, according to Iranian Oil Minister Bijan Namdar Zanganeh. (Nazila Haghighati/SHANA)
August 21, 2016

Austrian Airlines to add new flights to Iran

Austrian Airlines is increasing its flight offering to Iran in 2016. Austria’s national carrier has been offering its passengers an additional daily flight to Teheran since March 2016, and flies to the Iranian capital up to twice each day.
August 21, 2016

Over 340 companies to attend IRANTEXT intl. expo

TEHRAN – Tehran will be hosting the 22nd edition of Iran’s international exhibition of Textile Machinery, Raw Materials, Home Textiles, Embroidery Machines and Textile Products known as IRANTEXT from September 3 to 6, IRIB news agency reported on Friday.
August 21, 2016

Pirate Summit 2016 Bringing Pirates Back to Cologne

Pirate Summit 2016 is back for its sixth year to gather around founders, investors and corporate executives in a two day packed with craziness.

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August 20, 2016

New Statistical Center of Iran head appointed

TEHRAN- Mohammad Baqer Nobakht, the head of Management and Planning Organization, appointed Omid-Ali Parsa as the new head of Statistical Center of Iran (SCI).
August 20, 2016

Iranian crude up $2.11 a barrel

TEHRAN - After experiencing a six-week downward trend, Iran’s light crude oil price increased by $2.11 per barrel in the week ended on August 12, Shana news agency reported on Saturday.
August 20, 2016

Iran’s June crude oil exports steady at 2 million bpd, data shows

Iran's crude oil exports were flat in June at just over 2 million barrels per day and production at 3.610 million bpd was steady from the previous month, official data showed on Friday.
August 20, 2016

Armenia to ease Iran’s access to global markets: envoy

TEHRAN - Armenia will make an easy path for Iranian businessmen to access the global markets, IRNA quoted Armenian ambassador to Tehran Artashes Tumanyan as saying on August 17.
August 20, 2016

Picture of the day

A view of Neka oil terminal in the north of Iran.  The swap of Caspian Sea crude oil will be resumed at the terminal within a month. The daily swap will be 100,000 barrels in the beginning, while the country is fully ready for the swap of 500,000 barrel per day, according to Pirouz Mousavi, the managing director of Iranian Oil Terminals Company. (Nazila Haghighati/SHANA)
August 20, 2016

Iran able to raise gas exports to Turkey by 6 mcm/d: official

TEHRAN - Islamic Republic of Iran is able to increase its gas exports to Turkey by 6 million cubic meters per day (mcm/d), Shana reported on Friday quoting National Iranian Gas Company (NIGC) Managing Director Hamidreza Araqi as saying.
August 20, 2016

Norway’s SKULD, Iran’s IRISL sign shipping insurance MOU

TEHRAN – The Islamic Republic of Iran Shipping Lines (IRISL) and Norway’s SKULD marine insurance company signed a memorandum of understanding (MOU) in the field of shipping insurance, IRIB news agency reported on Thursday.
August 20, 2016

Iran to dispatch trade delegation to Oman

TEHRAN –Iran’s Trade Promotion Organization (TPO) has announced that a high-ranking trade delegation is heading Oman on September 19 with the aim of marketing as well as expansion of export and investment, IRIB news agency reported.
August 20, 2016

Iranian economic delegation to tour 6 Latin American countries soon

TEHRAN- An Iranian economic delegation will soon travel to six Latin American countries namely Venezuela, Cuba, Nicaragua, Ecuador, Chile, and Bolivia to discuss enhancement of different economic, trade, and investment ties besides diplomatic ones, ISN...
August 19, 2016

Apple Won’t Have an Official Reseller in Iran

Apple and Iran have a complicated relationship because of U.S. sanctions implemented on Iran. But after many rumors, it's now confirmed that Apple won't have any official reseller in Iran.

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August 19, 2016

ONGC to finalize talks on Iranian gas project by end of Sept.

TEHRAN – Talks with India’s Oil and Natural Gas Corporation (ONGC) on the development of Farzad-B offshore gas field are underway and the final agreement is set to be made by the end of September, the managing director of Pars Oil and Gas Company (POGC), Ali-Akbar Shabanpour, said.