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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.  

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

Pakistanis return to Iran by train

2018/01/20

After nearly twelve years, Iran and Pakistan have decided to get back on the railway tracks and begin running passenger trains between the two neighboring countries as from September 2018.

A building and history burned to the ground

2018/01/20

One year ago today, it was on 20 January 2017 that plumes of thick smoke rose to the sky and brought the bad omen of the famous Plasco building burning in central Tehran; an old city landmark and commercial center that lived only for 53 years before going up in smoke.

Fajr Theater Festival celebrates pioneers

2018/01/20

The 36th Fajr International Theater Festival is celebrating the works of three of its veterans, Ahmad Damud, Hushang Azadivar, and Jamshid Khanian. Their names have been printed in the Festival catalogue and the date has been set for the closing ceremony.  

Vermiculus (music)

2018/01/19

Artist: Constantinople Band Album: Clouds Genre: World music Year: 2006   (Persia Digest) – “Vermiculus” is performed by the Iranian-Canadian band “Constantinople”. It is a fusion piece of European music played with “Daf” percussion instrument. Percussion instruments can be combined with music from around the world.

Ali Rahbari in concert with Korean artist

2018/01/19

Following a concert with the Slovak Philharmonic Orchestra, former conductor of the Tehran Symphony Orchestra, Ali Rahbari, will be performing with musicians from S Korea end-January.