January 21, 2019

Following fellow Asian buyers, Japan resumes shipping in Iranian oil

TEHRAN – The governor of the Central Bank of Iran (CBI) announced on Monday that Japanese refiners have resumed imports of Iranian oil after receiving waivers from U.S. sanctions on Tehran, IRNA reported.
January 21, 2019

Parliament body suggests $11 gasoline subsidy for each Iranian

TEHRAN- In its recent plan, Iran’s Parliament Research Center has suggested the government to allocate 480,000 rials (about $11.4) of cash subsidies, the present price for 24 liters of gasoline, to each individual Iranian monthly, Jam-e-Jam daily repor...
January 21, 2019

The Story of Flightio, a 200-billion Toman Bootstrapped Startup

Think about a tourism startup that more than two million travelers used its service since 2016, with a growth rate of over 10,000% in terms of the number of baskets in one year. Flightio is the story of friendship and three cofounders’ cooperation, whose initial experiences were not successful. However, in the end, it was those experiences and their friendship that led to a 200-billion Toman valuation, according to the cofounders.

The post The Story of Flightio, a 200-billion Toman Bootstrapped Startup appeared first on TechRasa.

January 20, 2019

Completing semi-finished projects top priority of IMIDRO

TEHRAN- Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has accomplishing semi-finished projects as its top priority, the state-run organization’s head Khodadad Gharibpour announced in a meeting, the official portal...
January 20, 2019

‘Mechanisms to receive gas export payments under investigation’

TEHRAN – Iran’s Oil Ministry, National Iranian Gas Company (NIGC) and Central Bank of Iran (CBI) are working on ways for receiving payments from the importers of Iranian gas during sanctions, ISNA reported quoting an oil official.
January 20, 2019

Iranian private sector calls for government support in sanctions era

TEHRAN - Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafeie said the government should allocate more financial support for the country’s private sector producers during the sanctions era, the portal of I...
January 20, 2019

Shrimp exports to reach 30,000 tons by March 20

TEHRAN- Iran’s export of shrimp is anticipated to reach 30,000 tons by the end of the current Iranian calendar year (March 20, 2019), Hassan Salehi, the head of Iran’s Fisheries Organization, announced.
January 20, 2019

Fruits, vegetables export up 54% in 9 months on year

TEHRAN- The value of Iran’s fruit and vegetable exports during the first nine months of the current Iranian calendar year (March 21-December 21, 2018) rose 54 percent compared to the same period of time in the past year, a director in Trade Promotion O...
January 19, 2019

IME’s worth of trades up 49% in a week

TEHRAN- During weekdays ending up to January 17, while 549,773 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 36 percent and 49 percent, respe...
January 19, 2019

Precious stones, metals export increases 25% in 9 months on year

TEHRAN- Iran’s exports of precious stones and metals during the nine-month period ended on December 21, 2108 rose 25 percent compared to the same period of time in the past year, IRNA reported citing the data released by the Islamic Republic of Iran’s ...
January 19, 2019

Gas produced in South Pars platform 13B injected to offshore refinery

TEHRAN- Gas produced in platform 13B of Iran’s South Par gas field was injected to the offshore refinery of phase 13 of the gas field development, Payam Motamed, the operator of this phase, announced.
January 19, 2019

Tehran to host intl. logistics expo in late Jan.

TEHRAN - The 4th International Exhibition of Logistics and Supply Chain related Industries and Equipment is slated to be held during January 23-26 at Tehran International Permanent Fairgrounds, IRIB reported.
January 19, 2019

576 industrial, mining projects to be inaugurated in early Feb.

TEHRAN- An official from the Iranian ministry of industry, mining and trade informed that some 576 industrial and mining projects will be inaugurated during the Ten-Day Dawn (February 1-10, marking the victory anniversary of the Islamic Revolution), IR...
January 19, 2019

7m Iranians, Iraqis Visit Each Other’s Country Annually

Iran’s Foreign Minister Mohammad Javad Zarif said the fact that each year, 7 million Iraqis and Iranians visit each other’s country is a sign of the two neighboring countries’ close ties. Speaking at a meeting with Iraqi Parliament Speaker Mohammed Al-Halbousi in Baghdad on Monday, attended by the chairmen of the Iraqi parliamentary factions, Zarif […]
January 18, 2019

‘Auto part manufacturers to receive $950m of facilities’

TEHRAN- “Iranian ministry of industry is to grant 40 trillion rials (about $952.3 million) of facilities to supply working capital for the auto part manufacturing units,” Iranian Industry Minister Reza Rahmani announced, IRNA reported on Thursday.
January 18, 2019

3000 new small-scale solar plants to be constructed in rural areas

TEHRAN – Deputy Energy Minister Mohammad Sadeghzadeh said 3000 new small-scale solar plants are going to be constructed in the country’s underprivileged and rural areas by the end of the current Iranian calendar year (March 20, 2019), IRNA reported.
January 18, 2019

NIMA supplies €6.2b for imports of goods, services

TEHRAN- Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €6.276 billion of foreign currency for imports of goods and services since early August, IRIB reported on Thursday.
January 18, 2019

Over 27m tons of iron ore produced in 9 months

TEHRAN- Iran produced 27,031 million tons of iron ore during the nine-month period ended on December 21, 2018, IRNA reported citing the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
January 18, 2019

Ilam Refinery Suppling Quality Sulfur for Export

Ilam Refinery, which runs on sour gas, supplies valued items like quality sulfur, while injecting refined gas to the national distribution network for domestic consumption. According to the National Iranian Gas Company (NIGC), Shahryar Daripour, CEO of the refinery, said that over a billion cubic meters of gas was processed in the facility annually, adding […]
January 17, 2019

IFCC Indigenizes GHP System

Iran Fuel Conservation Company (IFCC) has domestically manufactured a geothermal heat pump (GHP) system. According to an official with the company, Aqil Barati, the system is highly energy efficient and plays a key role in reduction of greenhouse gases. Today, with the ever-increasing demand for air conditioning and, consequently, an increase in the need for […]