Business

Iran, Pakistan to Expand Trade Ties through Virtual B2B Meetings

Knowledge-based, innovative, and high-tech companies of Iran and Pakistan will have the chance to hold direct online negotiations and explore avenues for developing business relations between the two sides.

Iran Ready to Export Surplus of Its Homegrown Ventilators: Official

All beds used on the intensive care units (ICUs) of hospitals across Iran have been equipped with medical ventilators, an official has announced, expressing readiness to export the excess devices at the discretion of the Health Ministry.

What’s Initial Exchange Offering? How Is It Different from Initial Coin Offering?

In the later part of 2017, China banned Initial Coin Offering (ICOs). This coerced crypto developers to find an alternative idea to raise funds for their crypto projects. Creators of new crypto projects tried to switch to the plan of Initial Exchange Offering (IEO).

Iran Inaugurates 25 Electricity Projects in Single Day

Iran’s energy minister has inaugurated more than two dozen electricity projects worth nearly IRR 60 trillion in several Iranian provinces in a single day.

Iran, Turkey Can Turn into Role Model for Friendly Ties in Region: Vaezi

Mahmoud Vaezi, the Chief of Staff of the Iranian president's office, has hailed Iran-Turkey relations as two friends and neighbours, calling for further development of economic cooperation between the two sides.

Iran’s First Consignment of Exports Arrives in Afghanistan via Rail

Iran’s first consignment of exports has arrived in Afghanistan via the Herat-Khaf railway, and was warmly welcomed by Afghans.

Blow of Sanctions on Iran Neutralized: President

President Hassan Rouhani has highlighted the administration’s success in foiling the enemy’s plot to cripple the country’s economy through sanctions.

Iran Begins Legal Proceedings to Receive Financial Claims from Foreign Countries

A senior Iranian official says Tehran has adopted measures to secure its financial and monetary claims from foreign countries.

Iran Puts into Service 3 Petrochemical Projects Worth $1bn

Iran has inaugurated several major petrochemical projects, taking yet another step toward meeting domestic needs.

Tehran, Dohan to Forge Closer Economic Cooperation

Iran and Qatar have reiterated their determination to further enhance their economic cooperation.

With Trump Gone, Foreign Investment in Iran Will Increase: Spokesman

Tehran says with US President Donald Trump leaving office, foreign companies will become more interested in investing in Iran, as they are already working to open their offices.

Iran Absorbs $3.8bn in Foreign Investment in 7 Months

Iran’s economy minister says some $3.8 billion worth of foreign investment was funneled into the country from April to October, 2020.

Iran to Unveil Locally-Produced Destroyer Soon

Iran’s defence minister says domestically developed destroyer Dena will be unveiled and handed over to the Army’s Naval Force in the near future.

Iran Urges Closer Transport Ties among ESCAP Member States

Iran has called for closer transport cooperation among member states of the Economic and Social Commission for Asia and the Pacific (ESCAP).

How Iran-Thailand Trade Can Affect Global Currency Markets

For Iran and Thailand, the bonds of friendship and co-operation are reported to date back as 1685. And this bilateral relationship continues today, with both nations looking to strengthen those ties today.

Iran Key Transit Route as 1,400 Flights Pass through Iranian Skies Daily: Rouhani

Iranian President Hassan Rouhani says some 1,400 flights pass through the skies over Iran daily, which indicates the significance of the country as a major air transit route.

Iranian People’s Resistance in Economic War Bears Fruit: President

Iran’s president says the Iranian nation’s resistance in the economic war has come to fruition, setting the stage for the amelioration of the country’s economic situation.

Iran Calls for Closer Cooperation Among Eurasian Nations

Iran’s energy minister says the country can play a pivotal role in cementing cooperation among member states of the Eurasian Economic Union (EAEU).

Iran to Commercialize Top Inventions in Water Sector

Iran is to hold the National Hydraulics and Water Inventions Festival with the aim of commercializing a whole range of products in the domain of water and hydraulics.

Iranian Company Develops Know-How to Produce Car Engines

A group of Iranian researchers have developed the technology to produce engines for vehicles.

Iran Opens New Mask Producing Facility

Iran has opened a mask producing facility with a capacity of turning out 500,000 three-layer face masks daily.

Iran’s President Unveils New COVID-19 Restrictions

President Hassan Rouhani has unveiled countrywide plans for a new round of restrictions to break the transmission of the coronavirus pandemic by categorizing more than 100 cities as red zones.

Karabakh Truce Deal Not to Change Iran-Armenia Transit Routes: Official

Iran has rejected rumours about the consequences of the ceasefire agreement between Armenia and the Azerbaijan Republic, saying no change will take place in the Iran’s transit routes toward either of the two countries.

Iran, Qatar to Work Closely on Renewable Energy Sources

Visiting Iranian Energy Minister Reza Ardakanian and Qatar’s Minister of Commerce and Industry Ali bin Ahmed Al Kuwari have, in a meeting, underlined the need to further promote mutual cooperation in the area of renewable energy sources.

No Legal Verdict against Iranian Banks in Bahrain: CBI Official

An official at the Central Bank of Iran (CBI) has dismissed reports about a formal verdict being delivered against Iranian banks in Bahrain, saying any such ruling would lack legal credibility.

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