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China ready to invest in oil and petrochemicals in Iran
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China ready to invest in oil and petrochemicals in Iran

Iran’s Minister of Petroleum, Bijan Zangeneh, met for talks with Wang Yang Gao, Chief of China’s International Chamber of Commerce yesterday. At the meeting, Yang Gao pointed out the extensive trade ties between Iran and China, and stated: “China needs energy resources and our old friend, Iran, is rich in these resources. This can help expand ties between the two countries.”

Iran exports to Malaysia grows fivefold
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Iran exports to Malaysia grows fivefold

Iran exports to Malaysia has grown fivefold over the past eight months as compared to a similar period last year. The latest reports by the IR of Iran customs office on trade in the past eight months show that 434 thousand and 675 tons of commodities have been exported from Iran to Malaysia, comprising 0.55% of Iran’s total export weight.

India exports to Russia via Iran
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India exports to Russia via Iran

The implementation phase of the North-South Transport Corridor (NSTC) will begin from next month. S Kumar, India’s high ranking customs officer, said: “New Delhi will begin its cargo export from mid-January 2018 to Russia via Iran and the Republic of Azerbaijan.”  

Iran strategic port phase I opens
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Iran strategic port phase I opens

Phase I of Shahid Beheshti Port in Chabahar was inaugurated by the Iranian President and 60 foreign guests from 17 countries. The opening of Phase I has increased Chabahar’s capacity as a port by 8.5 million tons. This figure will go up to 80 million tons in the last stage.  

Decathlon Group open store in Iran
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Decathlon Group open store in Iran

The French Decathlon brand, the world’s largest sporting goods retailer has officially entered the Iranian market by signing a contract with “Mega Pars”. This is the first time a large brand is entering the Iranian market by registering its company directly and managing its own store. Prior to this, only Turkish brands and chain stores were on the Iranian market through intermediaries.  

Iran-S Korea Euros 720MM Contract
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Iran-S Korea Euros 720MM Contract

The largest trilateral contract has been signed between Iran and the Iran-S Korea consortium (Iranian IRICO and S Korean Rotem) for wagon production. Based on this contract worth Euros 720MM, 450 wagons will be manufactured as a joint venture within the next six and a half years. The first of such wagons will be delivered to Iran in a year and a half.  

Tehran Stock Exchange breaks 50-year record
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Tehran Stock Exchange breaks 50-year record

The Tehran Stock Exchange index grew by 1130 units on Saturday 25 November 2017, to break its own record for the first time in half a century by crossing the 90 thousand-unit limit to 90 thousand 469. Previously, the highest exchange rate index was on 2 January 2013 at 89 thousand 500 units. After that, the stock index experienced a downward trend.  

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German Schiller Group Concert in Tehran

2017/11/14

The German Schiller Group Concert is taking place in Tehran for the first time. Christopher von Deylen, will be traveling to Tehran with his Group for the first time in mid-December to stage a concert at the Hall of the Ministry of the Interior over two nights on 11-12 December, at 21h30.  

Iran, US should opt long term relations

2017/10/22

In an interview with Persia Digest, Adib-Moghaddam said: It is imperative that Iran gets even closer to the EU, not least to keep the communication with Washington going, and to minimize misperceptions.

Cooking Tour for Persian dishes

2017/08/16

Two young girls by the names of Shirin Tahanan and Matin Lashkari are the initiators of a delicious cooking tour in Tehran. Shirin cooks and Matin organizes the tour.  

New find in Persepolis

2017/08/20

The newly discovered gates in Persepolis will soon be turned into a museum site once all the protective and safety measures have been completed.

UK invests Euros 1.8BN in Iran to fight cancer

2017/10/24

The Iranian Ambassador to the UK, Hamid Baeidinejad, has announced the signing of an MoU between the Ministry of Health and Medical Education of Iran and the UK’s IGH International Hospitals Group who are a leading, independent healthcare services company.   

Latest News

Award winning Iranian short films

2017/12/13

While the international “Cinema Vérité” film festival is running in Tehran, good news is also reaching the capital about the success of Iranian short films in other countries.  

Rouhani: Dialogue will solve Islamic world problems

2017/12/13

In an extraordinary summit of OIC member states in Istanbul, the Iranian President said: “Iran is ready to cooperate with all Islamic countries to defend Al Quds with no preconditions.”  

East (music)

2017/12/13

Artist: Alan Kushan [Where are they now] Album: Par [Feather] Genre: Experimental/Fusion Year: 2009   (Persia Digest) – “East” from the “Par” album is an experimental combination of eastern music, especially from Iran and India, where the dulcimer and tabla feature prominently as the ambassadors of two cultures.

China ready to invest in oil and petrochemicals in Iran

2017/12/13

Iran’s Minister of Petroleum, Bijan Zangeneh, met for talks with Wang Yang Gao, Chief of China’s International Chamber of Commerce yesterday. At the meeting, Yang Gao pointed out the extensive trade ties between Iran and China, and stated: “China needs energy resources and our old friend, Iran, is rich in these resources. This can help expand ties between the two countries.”

Golestan turns down “Cahiers du Cinéma”

2017/12/13

The Iran Film Week will kick off in Paris next week, organized by “Cahiers du Cinéma” editor and film critique Jean-Michel Frodon. A lack of invitation to Masoud Kimiaei, however, prompted Iranian filmmaker Ebrahim Golestan to turn down an invitation to the film week.