February 4, 2019

Foreign shareholders hold 300 codes for trading at IRENEX

TEHRAN- Iran’s Securities and Exchange Organization (SEO) Head Shapour Mohammadi put the number of codes held by the foreign shareholders at Iran Energy Exchange (IRENEX) at 300, IRIB reported.
February 4, 2019

Annual coal output to reach 1.6m tons by March 20

TEHRAN- Annual production of coal in Iran will reach 1.6 million tons by the end of current Iranian calendar year (March 20, 2019), IRIB reported on Monday citing the data released by Iranian Mines and Mining Industries Development and Renovation Organ...
February 4, 2019

Japan’s JXTG set for 1st loading of Iranian crude oil after U.S. sanctions waiver

Japan's largest refiner JXTG Nippon Oil & Energy is set to resume loading of Iranian crude oil as early as Monday, almost three months after the U.S. sanctions waiver was granted.
February 4, 2019

South Korea to resume gas condensate imports from Iran in Feb.

Hyundai Oilbank Co., a major South Korean refiner, plans to import 2 million barrels of Iranian condensate this month, a person familiar with the issue said Monday.
February 4, 2019

Change never comes from within!

It is often said that change never comes from within. So I am pleased to report that the presentation by Chris Cook, Senior Research Fellow of the Institute for Strategy, Resilience and Security, University College London at the Iranian and Tehran Cham...
February 4, 2019

Major Petro-Refinery to be Built in Jask

Plans are under way to build a large petrochemicals and refining complex in Jask Island by Bakhtar Petrochemical Holding. Ali Mohammad Bossaqzadeh, director of projects at the National Petrochemical Company (NPC), told NIPNA that the project would be built in order to meet the needs of the country and also to increase the exports of […]
February 4, 2019

Iran Falls in Transparency Ranking

By John Lee. Transparency International has said that Iran’s ranking has fallen eight places in its global Corruption Perceptions Index (CPI). From a total of 180 countries, Iran came in at number 138; last year’s position was 130 out of 180 countries. This result puts it on equal ranking with Lebanon and Russia, ahead of […]
February 4, 2019

New Career Opportunities in Iran

By John Lee. The United Nations has advertised new jobs in Iran: Development Coordination Officer, Economist, UNDP – United Nations Development Programme Development Coordination Officer, Partnerships and Development Finance, UNDP – United Nations Development Programme Executive Associate to UN Resident Coordinator, UNDP – United Nations Development Programme Admin Intern, UNDP – United Nations Development Programme Administrative […]
February 4, 2019

Iran Ranked 138th in Good Country Index

By John Lee. Iran has been ranked 138th out of 153 countries in this year’s Good Country Index, placing it just behind Tonga and Venezuela, and ahead of Antigua. Iraq was ranked last, with Libya second-last. The idea of the Good Country Index to measure what each country on earth contributes to the common good […]
February 3, 2019

Tehran hosting intl. exhibition of airport, related industries

TEHRAN- Tehran is hosting Iran’s 4th International Exhibition of Airport, Airplane Flight, Industries & Related Equipment until Tuesday, IRIB reported.
February 3, 2019

IMIDRO to inaugurate 10 industrial-mining projects worth $455m in 9 days

TEHRAN- Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) will put 10 industrial-mining projects worth 19.117 trillion rials (about $455 million) into operation during the Ten-Day Dawn (February 1-10, marking the vict...
February 3, 2019

U.S.’ attempt to halt Iran’s trade with world futile

TEHRAN- “The U.S. sought to impede Iran’s international trade by imposing cruel and unilateral sanctions on the country but our trade with the world is being done easily and we are not in lack of any type of basic goods,” Mehdi Mirashrafi, the recently...
February 3, 2019

Thousands of German SMEs eager to trade with Iran: German official

TEHRAN – Thousands of German companies are eager to trade with Iran, an official with the Iran-Germany Chamber of Commerce told WirtschaftsWoche - a German weekly business news magazine – on Saturday.
February 3, 2019

India’s 2019 budget allocates $21m to invest in Chabahar development

TEHRAN- The Indian government in its budget for 2019 has allocated 1.5 billion rupees ($21 million) for development of Iran’s southeastern port of Chabahar, the Financial Express reported on Saturday.
February 3, 2019

114 Foreign Cos ready for Oil Projects in Iran

114 Foreign Companies Ready to Take Part in Iran’s Oil Projects: Official A member of the Energy Commission of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said 114 foreign companies have announced their readiness to cooperate with the country in its oil projects. Speaking on the sidelines of a visit to the […]
February 2, 2019

Tehran hosting intl. exhibition of logistics, supply chain

TEHRAN – Iran’s 4th International Exhibition of Logistics and Supply Chain Related Industries and Equipment kicked off at Tehran International Permanent Fairgrounds on Saturday, IRIB reported.
February 2, 2019

Iron ore concentrate output rises 22% in 9 months on year

TEHRAN- Production of iron ore concentrate in Iran during the first nine months of the current Iranian calendar year (March 21 – September 21, 2018) rose 22 percent compared to the same period of time in the previous year, IRIB reported on Saturday cit...
February 2, 2019

IME’s worth of trades up 5% in a week

TEHRAN- During weekdays ending up to January 31, while 561,786 million tons (MT) of commodities worth over $547.6 million were traded on Iran Mercantile Exchange (IME), the trading volume and value experienced growth of 11 percent and 5 percent, respec...
February 2, 2019

Over 200 companies attending Iran’s intl. accessories, machinery expo

TEHRAN- Some 200 Iranian and 17 foreign companies are taking part in the 17th International Exhibition of Accessories, Machinery & Wood, Equipment and Related Industries in Tehran, IRIB reported on Saturday.
February 2, 2019

Germany’s federal agency welcomes European trade vehicle with Iran

TEHRAN- Germany’s BGA trade association announced that the mechanism known as the Instrument in Support of Trade Exchanges, or INSTEX, created by France, Germany and Britain to facilitate trade with Iran is legitimate and sends an important signal of E...