Business

Kurdish Referendum: Geopolitical Move or Attempt to Realize a Dream?

Without having any logical and feasible response for many of regional and national problems, the recent referendum on the Iraqi Kurdistan’s independence was merely an attempt to realize a dream.

Iran to Build Oil Refinery in Syria: Official

An Iranian official says the Islamic Republic plans to construct an oil refinery in Syria as part of Tehran-Damascus cooperation for rebuilding the war-torn Arab state.

Iran, World’s Eighth Producer of Cocoons, Silk Thread

Iran ranks eighth in the world in terms of producing cocoons and silk thread, a top Iranian official says.

Iran Inks Deal to Boost Date Exports via Oman

Iran has signed a contract to use Oman’s facilities to boost its date exports to such markets as the US, China and Latin American countries.

Over 1,000 Firms Attending IranPlast Int’l Exhibition

The 11th edition of IranPlast Exhibition is underway in the Iranian capital, with 1,124 domestic and foreign companies in attendance.

Iran Can Attract $3.5 Trillion worth of Foreign Investment: CBI

The Governor of Central Bank of Iran (CBI), Valiollah Seif, says the country has the capacity to attract $3500 billion worth of foreign investment in the next two decades due to its unique geopolitical and economic conditions.

Powerful Domestic Leg Shouldn’t Be Exchanged for Foreign Cane: Iran Leader

The Leader of Iran’s Islamic Revolution says the Islamic Republic should have extensive relations with the world, but the country’s “powerful leg should not be exchanged for foreigners’ cane”.

Britain Inks €500m Deal to Build Solar Farm in Central Iran

UK renewables investor Quercus has signed a deal worth over half a billion euros to build and operate a 600-megawatt (MW) solar farm in Iran, the company said on Wednesday.

Numerous Foreign Investors en Route to Iran: Central Bank

The governor of Iran's Central Bank says a huge number of foreign investors are on their way to Iran due to the consistent policies adopted by the Iranian government to achieve its main economic goals.

Iran to Export 30,000 Tonnes of Trout This Year: Official

A senior Iranian official says the Islamic Republic aims at exporting 30,000 tonnes of trout to the neighboring countries by the end of the current Iranian year (mid-March 2018).

Iran to Surpass US to Become World’s Top Pistachio Producer Again

An Iranian official says the country is expected to produce 310,000 tonnes of pistachio in the current Iranian calendar year, surpassing the United Stated to once again become the world’s biggest pistachio producer.

“US Ban on Plane Sales to Iran Runs Counter to JCPOA”

An advisor to Iran’s Leader says the US Congress’ move to block sales of aircraft to Iran is in violation of the nuclear deal between Tehran and world powers.

Iranian Province Attracts $36m in Foreign Investment

Iran’s East Azarbaijan province has attracted $36 million in foreign investment since March 2017, according to a local trade official.

Iran Gives 5 European States Ultimatum over Plane Purchase Contracts

Iran has issued ultimatums to five European states to stick to their commitments under the contracts earlier signed on selling airplanes to Tehran, otherwise the country may revise its deals.

Iran’s IKCO, Mercedes Benz to Establish Joint Venture

Iran’s largest car manufacturer, Iran Khodro Industrial Group (IKCO), and Germany’s giant car manufacture Mercedes Benz have signed a contract to establish a joint venture for selling new products and offering after-sale services in Iran.

Iran Appoints 1st Female Manager of Gas Field Development Project

An Iranian woman has been appointed for the first time as the manager of a major gas field development project in the country.

Fifth Urmia Grape Festival Underway in Northwestern Iran

The fifth edition of Urmia Grape Festival is currently being held in Chi Chest coastal village in northwestern Iran.

Iran Welcomes Joint Ventures with Germany: Health Minister

Iranian health minister says the country is ready to promote its cooperation with Germany to develop modern technologies and create job opportunities in Iran’s health sector.

Iranian Firm Indigenizes Electronic Equipment Used by Power, Petchem Industries

Iranian researchers have managed to indigenize and mass produce a series of electronic equipment used in power and petrochemical industries.

Int’l Sporting Goods Exhibition Underway in Iran

The 16th International Exhibition of Sports, Sporting Goods and Equipment (SPORTEX 2017) is being held in the Iranian capital of Tehran.

Iran, Qatar to Expand Economic, Urban Development Ties

Iran and Qatar have signed a number of agreements in different fields including economy and urban development as part of a larger plan to expand bilateral relations.

Iran, Syria Discuss Boosting Cooperation in Agriculture Sector

Iranian and Syrian officials have conferred on enhancement of mutual cooperation in the agriculture sector, particularly in the fields of research and training.

France Using Iranian Saffron to Produce Herbal Medicines

An Iranian MP says France has managed to develop value-added products using Iran’s saffron by processing the crop into antidepressants and herbal medicines.

Iran Urges India to Speed Up Railway Construction

An Iranian official has called on India to accelerate the construction of a railway in southern Iran under a mutual agreement.

Iran Sells Screening Rights of 64 Films to Other Countries

The screening rights of dozens of Iranian films have been sold to other countries during President Hassan Rouhani’s first term, according to an official.

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