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President opens 17 projects in Qazvin

President Rouhani opened 17 industrial and infrastructural projects in Qazvin province. At the ceremony that was held on Sunday in the city of Qazvin, the centre of Qazvin province, Dr Rouhani opened the projects through videoconferencing. The projects were in the field of polymer and plastic production, wood, agriculture, animal husbandry, irrigation systems, park, gas […]

$500m Exports of Knowledge-Based Products in 3 Yrs

Iranian Minister of Science, Research and Technology Mohammad Farhadi said the country has exported more than $500 million worth of knowledge-based products over the past three years. Speaking to reporters in Tehran on Monday on the sidelines of the 5th Laboratory Equipment and Chemicals Exhibition (Iran Lab 2017), Farhadi said over 10,000 products have been […]

Zangeneh: Minimum Risk of New Sanctions

International companies should seize new opportunities for investment in Iran’s economic and energy sectors despite the talks about new sanctions in the wake of increasing political tensions between Tehran and Washington, a top oil official says. “If there are new restrictions, it will not affect the deals that are concluded after the easing of restrictions […]

Indigo Invests in Iranian Fast Moving Consumer Goods

Indigo Holdings plc, the Middle East focused Investment Company that provides investors with exposure to early stage businesses, has invested IRR 10,000,000,000 (Ten billion Rial), approximately £200,000, in FMCG, the recently established online retail delivery business of Yaran Daryan, the Iranian convenience store chain. Indigo has acquired a 15% equity stake in FMCG at a […]

Norwegian Firm in Iran Tech Transfer

Iran’s Petrochemical Research and Technology Company (PRTC) signed a heads of agreement (HoA) with Norway’s Norner, a global market leader of Industrial R&D services in polymers, for transfer of state-of-the-art technical savvy for production of polypropylene to PRTC. From PRTC Esmaeil Ghambari, the company’s managing director, and from Norner, director of its business development, Lars […]

Video: Ahmadinejad talks to Al Jazeera

In a move that shocked Iranians and many in the international community, Iran’s former President Mahmoud Ahmadinejad, registered to run in next month’s presidential election. He left office in August 2013, after two four-year terms marked by his anti-Western rhetoric. And his decision to run this year went against the advice of the country’s Supreme […]

Taiwan Shipping Line Yang Ming Halts Services to Iran

Taiwan’s Yang Ming Marine Transport Corp is halting its container service to Iran due to fears of being punished by the US government. An executive with Keelung-headquartered Yang Ming said the firm had “ceased direct services to Iran on concerns of rising tensions there”. “We took into consideration the recent sanctions against Iran as well […]

NIOC Seals Oilfield Study MoU with Iranian Firm

The National Iranian Oil Company (NIOC) has signed a memorandum of understanding (MoU) with Ghadir Investment Company (GIC) to carry out studies of oil and gas fields in Iran. Based on the deal, GIC will study the Kisha, Sepehr, Jofeir and phase III of Darkhowin oil and gas fields; GIC will have 6 months to […]

EU Project for Nuclear Safety for Iran

The European Commission has signed the first ever project for nuclear safety co-operation with Iran, under the framework of the Joint Comprehensive Plan of Action (JCPOA). The € 2.5 million project aims to enhance the capabilities of the Iranian Nuclear Regulatory Authority (INRA).  It will do so by preparing a feasibility study for the Nuclear Safety Centre foreseen in the JCPOA. It will […]

Video: How does the President get Elected in Iran?

From PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Do you know how the president is elected in Iran? What are his prerogatives? And what qualifications are needed in order to be a presidential nominee? The following video gives you all the details: