Business
Latest Business News in Iran – News and reports about all things to do with commerce, trade, banking and industry in Iran and the world. Covering ongoing developments, market news, contracts, joint ventures, trade delegations, chambers of commerce, manufacturing, labour news and resource management.
Farmers clearing once brimful water canals (PHOTOS)
The tradition has not drifted into oblivion, the region has been in the grip of an 18-year dry spell though.
Iran to buy shares of African banks
Afkhami-Rad has unveiled plans for establishing joint funds and commercial chambers with African states as well as an increase in the number of Iranian commercial attachés in Africa.
Germans clinch Iran’s biggest solar projects
Under the agreement, Germany will build several solar farms in Tehran, Tabriz and Isfahan as Iran embraces clean energy, Ali Barband said.
Iran signs landmark $6 billion power deal
The agreement between the Ministry of Energy and the foreign firm envisages developing gas-powered plants for 3,250 MW and wind farms for 1,000 MW of electricity, Nobakht said.
Peugeot says ready to transfer modern technology to Iran
Peugeot says it is willing to cooperate with post-sanctions Iran and help its automotive industry to manufacture better vehicles.
Major Bavaria trade team visiting Iran
Bavaria’s minister for economic affairs has described Iran as a very attractive and profitable market for European enterprises.
Iran to invest in New Development Bank
A deputy economy minister has said that efforts to develop Iran-Brazil ties have gained momentum and that the two countries have inked deals on customs, double taxation and joint ventures.
Iran, Brazil firm to boost economic relations
Brazil has always been among the priorities of Iran’s foreign policy, Zarif said at a meeting with the Brazilian minister of development, industry and trade.
Russia’s Putin likely to visit Tehran: Report
Putin’s Tehran visit depends on his schedule and a decision has yet to be made, Kremlin Spokesman Dmitry Peskov said.
Iran can use the knowledge of foreign managers to get into global markets
Industry Minister Mohammad Reza Nematzadeh has said that Iran has set a target of $190b in exports for 2025.
Flow of Iran’s oil in post-JCPOA era ends oil honeymoon of Arab nations
When sanctions are lifted, Iran can tap into the great potential of its naval fleet to deliver uninterrupted oil to Turkish refineries.
To secure inflow of capital, corruption and restrictive rules should be eliminated: Official
The head of Iran’s Chamber of Commerce has said that an inflated government can do little to pave the way for a resistance-based economy to grow.
Iran welcomes German investment in industry sector
Industry Minister Nematzadeh has said that Iran, Afghanistan and Germany can make profitable investment in different mining and industrial sectors.
WTO accession, the first thing after JCPOA
A deputy minister of industries, mines and trade has said that if Iran fails to get the WTO membership, it will definitely face multiple challenges down the line.
Iran probes jumbo jet engine break-off
The mid-air horror ended after the aircraft with 426 passengers and crew on board safely landed at Tehran’s Mehrabad Airport .
Iran supports Japan’s long-term activities in Iran
There are a lot of trade grounds for the Iran and Japan to boost cooperation, said Nematzadeh.
Japan ready to increase Iran oil imports
There is significant potential for the Japanese companies to participate in a variety of oil and gas projects in Iran, said Zanganeh after a meeting with the Japanese foreign minister.
Japan, Germany seek long-term economic, industrial cooperation with Iran
The Japanese and German economic teams in Tehran have said that they can help Iran revamp its automotive industry and develop its agriculture and food industries.
Fuel cell electric vehicle unveiled at university in Tehran (PHOTOS)
The main advantage of the car is that it emits water rather than fumes and thus helps ease air pollution.
Road Minister: Iran to construct 7 int’l airports by 2025
Iran has plans to build seven international airports near Tehran in ten years to guarantee the country’s pioneering role in tightening the security and development of the region, said the minister of roads and urban development.
Iran fights US appropriation of $1.7 billion
Iran has said that the US court ruling on appropriation of Iran’s funds violates a treaty between the US and Iran which bans expropriation of one country’s properties in the territory of the other.
Iran ready to export oil, LNG to Poland
Poland has expressed readiness to cooperate with Iran in different energy sectors and since Polish refineries have been modernized, they can use Iranian crude oil, Zanganeh said.
An economist: Mr. Zarif is in the right
An Iranian economist has said that the country has to go right back to where it started from during Ahmadinejad's presidency and make up for what it lost if it seeks to secure economic growth.
President Rouhani on hand for opening of subway line (PHOTOS)
Line 3 of the capital's subway is now the longest metro line in the entire Middle East.
Iran considers ties with China strategic: Economy Minister
Iran’s economy chief has said that existing limitations in Iran-China economic and trade ties will be removed in the near future.