By Mehmet Cetingulec for Al Monitor. Any opinions expressed are those of the author, and ...
Masoud Karbasian, the National Iranian Oil Company (NIOC) CEO, has appointed Abbas Asadrouz as the ...
An Iranian deputy minister said French carmaker Renault SA will return to Iran after it ...
Iran’s Mechanism Commensurate with INSTEX to Be Established Soon: CBI Chief Governor of the Central ...
By John Lee. The United Nations has advertised new jobs in Iran: Staff Assistant, ESCAP – ...
By Mehmet Cetingulec for Al Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Turkey and Iran have maintained cooperation in regional affairs in recent years, including most notably joint efforts for a settlement in Syria but also solidarity against US and Israeli policies in […]
Masoud Karbasian, the National Iranian Oil Company (NIOC) CEO, has appointed Abbas Asadrouz as the new CEO of the Iranian Oil Terminals Company (IOTC). The official issued separate decrees appointed Asadrouz as the vice-chairman of the company’s board of directors as well. Karbasian also issued a decree based on which he appointed Soltan Kamali as […]
An Iranian deputy minister said French carmaker Renault SA will return to Iran after it halted cooperation with Iranian companies under the US sanctions. In comments on Thursday, Deputy Minister of Industry, Mines and Trade Farshad Moqimi said Renault has made an investment of $1 billion in Iran. “Following the negotiations and consultations that have […]
Iran’s Mechanism Commensurate with INSTEX to Be Established Soon: CBI Chief Governor of the Central Bank of Iran (CBI) Abdonnaser Hemmati said a mechanism commensurate with the European Union’s mechanism for trade with Iran, known as the Instrument in Support of Trade Exchanges (INSTEX), will be established in the country soon. “In the talks that […]
By John Lee. The United Nations has advertised new jobs in Iran: Staff Assistant, ESCAP – Economic and Social Commission for Asia and the Pacific Programme Officer, ESCAP – Economic and Social Commission for Asia and the Pacific Administrative Assistant, ESCAP – Economic and Social Commission for Asia and the Pacific International Consultancy Services as a […]
Iran’s Minister of Industry, Mine and Trade Reza Rahmani said Tehran and Baghdad have agreed to reach the target of raising the value of annual trade exchange to $20 billion within the next two years. Speaking at a TV program on Wednesday, Rahmani stressed the need to exploit the potential of Iran and Iraq for […]
Iran and Iraq signed five deals to promote cooperation in various fields on the first day of Iranian President Hassan Rouhani’s trip to Baghdad. In a meeting co-chaired by Rouhani and Prime Minister of Iraq Adil Abdul-Mahdi in Baghdad on Monday evening, top officials from the two countries signed five memoranda of understanding. The documents […]
The Secretary of Iran-Iraq Chamber of Commerce said the obstacles to banking interaction between the two neighbors have been settled and the bilateral trade exchange is fairly normal. In comments at a televised program on Sunday night, Hamid Hosseini said the problems with banking relations between Iran and Iraq have been resolved and the process […]
Iran: Shocking 33-year prison term and 148 lashes for women’s rights defender Nasrin Sotoudeh The sentencing of prominent Iranian human rights lawyer and women’s rights defender Nasrin Sotoudeh to 33 years in prison and 148 lashes in a new case against her is an outrageous injustice, said Amnesty International. The sentence, reported on her husband […]
The Foreign Secretary has today (7 March) decided that the UK will exercise diplomatic protection in the case of Nazanin Zaghari-Ratcliffe as part of the Government’s continuing efforts to secure her release. Affording diplomatic protection in Nazanin’s case represents formal recognition by the British Government that her treatment fails to meet Iran’s obligations under International […]
The US is pressuring Iraq to stop buying energy from its neighbor Iran, in what has become a major point of conflict between Washington and Baghdad. Iraqi leaders are pushing back on the demand, which is rooted in US President Donald Trump’s sanctions against Iran, according to a report by the New York Times on […]
Turkish Minister of Transport and Infrastructure Mehmet Cahit Turhan highlighted the importance of his country’s relations with Iran and said the two nations can complement each other in various political, cultural and economic areas. Speaking at a ceremony in Ankara on Monday to mark the 40th anniversary of the Islamic Revolution’s victory, Turhan hailed the […]
Iranian Parliament Speaker Ali Larijani and President of Japan’s House of Councilors Chuichi Date explored avenues for the expansion of political and economic relations between the two countries. Larijani, who has travelled to Japan with a parliamentary delegation, met with Chuichi Date on Tuesday. In the gathering, the Iranian official hailed the age-old relations between […]
The governor of the Central Bank of Iran unveiled plans for using non-dollar accounts for oil and gas trade with Iraq. Abdolnaser Hemmati on Wednesday held a meeting with presidents of Iraqi banks, members of Iraq’s chamber of commerce and the Arab country’s business people during a trip to Baghdad. In the gathering, the top […]
By Suzanne Maloney, Brookings Institution. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. After 40 years, is Iran’s revolution unravelling? Iranians came to the streets en masse on Monday to mark the 40th anniversary of the revolution that brought their Islamic Republic to power. As […]
By John Lee. The United Nations has advertised new jobs in Iran: Staff Assistant, Economist, ESCAP – Economic and Social Commission for Asia and the Pacific (Source: UN) (Picture: Success, growth, career, development signpost from 3D_Creation/Shutterstock)
High-ranking officials from Iran and Iraq on Friday signed two memorandums of understanding (MoUs) and a contract to boost cooperation between the two countries in the electricity industry. At the end of his three-day visit to Iran, Iraqi Minister of Electricity Luay al-Khatteeb signed two MoUs and a contract on the electric industry with Iranian […]
Iran’s biggest solar power plant with a capacity to produce seven megawatts (MW) of electricity was inaugurated in the western province of Hamedan on Tuesday. The power plant came into operation during a ceremony attended by Iranian First Vice-President Eshaq Jahangiri and Energy Minister Reza Ardakanian in Hamedan on Tuesday. The renewable energy project has […]
Iranian Oil Minister Bijan Namdar Zanganeh said the country has accepted Russia’s proposal to construct a subsea pipeline for exporting natural gas from the Islamic Republic to India. Speaking to reporters at a press conference in Tehran on Tuesday, Zanganeh dismissed as “untrue” claims that he had not accepted the Indians’ proposal to construct the […]
The general secretary of the German-Iranian Chamber of Commerce said US officials are pressuring European companies to limit their business activities in Iran. “There is more passion from our American friends to create problems,” Michael Tockuss told the German business news weekly Wirtschaftswoche on Saturday. Those problems, Tockuss said, stem from direct pressure being applied […]