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50% German investment in Iran Stock Exchange
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50% German investment in Iran Stock Exchange

Deputy Chairman of Iran Stock Exchange stated that over 50% of the investment volume in the Iranian capital market belongs to the Germans: “We will continue our contacts with the German investment supervisory authority carefully so as to preserve the confidence that German investors have made in the market, the supervisory body, and all the players in the domestic capital market.”

1st JOBEX Exhibition in Iran
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1st JOBEX Exhibition in Iran

The first Iran JOBEX exhibition will begin work from 25 April 2018 in Tehran. This is the most credible platform for expert employment and human resources in the country and will run from 25-28 April at the permanent international fair grounds in the capital.  

Turkish company investment in Izeh Petrochemicals
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Turkish company investment in Izeh Petrochemicals

An MoU has been signed between Khuzestan Province Governorate, southwestern Iran, and the Turkish Gama Enerji company. At the signing ceremony, Turkish Gama Enerji representative acting on behalf of the CEO relayed his company’s interest in investing in Khuzestan, and said: “Our company began its activities in Iran 18 months ago and we have been   interested in making a large investment here.”  

Chinese finance for aircraft purchase
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Chinese finance for aircraft purchase

After months of negotiations, a Chinese company agreed to fund the purchase of Iran Airs’ airliners. According to the Ministry of Roads and Urban Development of Iran, Iran Air and a Chinese company signed an MoU to enable the company to finance the purchase of Iran Airs’ airliners.  

Reduced Iran imports from Russia and US
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Reduced Iran imports from Russia and US

According to Iran's foreign trade statistics, imports from Russia and the US have dropped dramatically in the 11 months leading up to February. Based on these statistics, imports from Russia worth USD 615MM and an approximate weight of one million tons show a drop of 58 percent as compared to a similar period the previous year. Russia is the 14th exporter of goods to Iran.

Sale of Canadian aircrafts to Iran gets US license
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Sale of Canadian aircrafts to Iran gets US license

Al Monitor News has cited an Iranian source, claiming that the US Treasury Department has issued licenses for the sale of Canadian aircrafts to Iran. If the veracity of the news is verified, this will be the first such license issued by the Trump Administration. As reported by Al Monitor: “Questions have emerged about whether the US Treasury Department’s Office of Foreign Assets Control (OFAC) has issued new licenses to Canadian plane manufacturer Bombardier Inc. to sell passenger aircraft to Iran.

Chinese finance for Shiraz-Bushehr railways
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Chinese finance for Shiraz-Bushehr railways

At the signing ceremony for a cooperation agreement between Iran and China to build the provincial capitals of Shiraz (Fars Province) to Bushehr (Bushehr Province) railway line, the Iranian Minister of Roads and Urban Development announced: “In addition to connecting Shiraz to Bushehr, our other rail projects include a line from Shiraz to Gol-Gohar (Kerman Province), from Kerman to Bandar Abbas (Hormozgan Province), and from Kerman to Chahbahar (Sistan & Baluchistan Province). On completion, a heavy road traffic load can be transferred on to the railway lines.”

Iran and China sign agreement for metro trains
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Iran and China sign agreement for metro trains

A cooperation agreement has been signed for the manufacture of 450 metro trains between the Industrial Development & Renovation Organization of Iran (IDRO) and China. IDRO Group Chairman, Mansour Moazami, said: “The Chinese side will be working with the “Wagon Pars Arak” company in order to maximize domestic capacities in train manufacture. Production and supply of the required trains will be carried out with the cooperation of a foreign company and modern technology for the first time in Iran.”  

Russian Sukhoi Superjet in Iran
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Russian Sukhoi Superjet in Iran

The Russian Energy Minister announced the agreement between Moscow and Tehran to purchase the Sukhoi Superjet 100 airliner to Iran's aviation fleet. “We discussed the possibility of our Iranian partners to purchase the Sukhoi Superjet 100, and we have outlined a plan to do this”, Alexander Novak stated in a conversation with "Russia 24".

Most viewed in all sections

Tesla and Volvo seek out 10-year old Iranian inventor

2018/01/06

The young 10-year old Iranian boy, Hossein Atayi Sangrudi from Karaj has already 16 inventions in his portfolio. Six of these are in the process of being registered. His inventions include the VTOL three-modality drones, gunboats, office furniture, miniature sprayer, multipurpose control for smart TVs, and so on.

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.

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.  

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.

Latest News

Fahimeh Najmi - Le Théâtre, L'Iran et L'Occident

2018/04/24

Professor of arts and media studies at Université Paris III, Fahimeh Najmi, has released her book entitled “Le Théâtre, L'Iran et L'Occident” [The Theater, Iran, and the Occident] in Paris on 11 April 2018.  

The first radio transmitter in Iran

2018/04/24

Seventy-eight years ago, on 24 April, the first radio transmitter in Iran began broadcasting from the old Shemiran road studios in Tehran. Exactly on 24 April, 1940, a radio service started which presented programs such as news, Iranian music, cultural and artistic subjects, history and geography for eight hours a day. The service was only for Tehran, and for this reason became known as “Radio Tehran”.  

Mousavian and Prince Turki Al Faisal hot debate

2018/04/24

With tensions between regional rivals Iran and Saudi Arabia at the brink, a rare dialogue recently took place between two former senior Saudi and Iranian officials. Hosted by the Center for Strategic Studies at the Joint Special Operations University in Tampa, Florida, former Saudi Ambassador to the United States and Director General of Saudi Arabia’s intelligence agency Prince Turki al Faisal debated Hossein Mousavian, a former spokesman for Iran’s nuclear negotiators and chairman of the foreign policy committee of Iran’s National Security Council. The lively discussion touched on each country’s view of its security environment and the broader issues affecting the Iran-Saudi relationship. LobeLog has obtained the full transcript of the conversation, and the following is an abbreviated excerpt covering the key points.  

Persian taught in 200 universities worldwide

2018/04/24

The Director of the center for Persian as a second language at the Allameh Tabatabaei University in Tehran has said: “Persian is being taught in 200 universities worldwide.”  

Zarif: Neither Iran nor Saudis can dominate Mideast

2018/04/24

Iran's foreign minister said Monday that neither Iran nor Saudi Arabia can be the dominant power in the Middle East and what's needed most is for countries in the Persian Gulf region to talk to each other — not about each other.