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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.

Budapest Eager to Promote Agricultural Ties with Tehran

Budapest Eager to Promote Agricultural Ties with Tehran

Deputy Speaker of Hungary’s National Assembly István Jakab has called for expansion of Tehran-Budapest ties in a meeting with Iran’s Foreign Minister Mohammad Javad Zarif on Friday.
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Iran Calls for Foreign Investment in Oil Extraction from Caspian Sea

Iran’s petroleum minister has called on well-known foreign energy firms to make investment in projects to explore and extract oil resources in Caspian Sea, north of Iran.

400 Firms to Attend West Asia’s Biggest Furniture Expo in Tehran

Hundreds of domestic and foreign production units are expected to take part in the 26th International Exhibition of Home Furniture (HOFEX 2017), which is scheduled to be held in the Iranian capital of Tehran in early August.
Iran No Longer Needs Turkmenistan’s Natural Gas

Iran No Longer Needs Turkmenistan’s Natural Gas

An Iranian MP says the country will no longer need to import natural gas from its northern neighbour Turkmenistan.
Iran Starts Construction of Mideast's Biggest Solar Farm

Iran Starts Construction of Mideast’s Biggest Solar Farm

Iran’s energy minister on Thursday inaugurated a project to build the Middle East’s largest solar plant in the country’s southeastern province of Kerman.
Iran Inks Deal with Russia to Buy Several Sukhoi-100 Jets: Report

Iran Inks Deal with Russia to Buy Several Sukhoi-100 Jets: Report

Representatives of Iran’s defence ministry have signed a contract with Russia for purchase of several Sukhoi Superjet 100 (SSJ100) passenger planes, according to media reports.
Iran Ranks First Worldwide in Sponge Iron Production

Iran Ranks First Worldwide in Sponge Iron Production

The CEO of a leading Iranian steel production company says Iran is the world’s leading producer of direct-reduced iron (DRI), also called sponge iron.

Iran, S. Korea Hold Joint Seminar on Intellectual Property

Iran and South Korea as two close economic partners have held a joint seminar on intellectual property in the Iranian capital, Tehran.
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‘Iran Not Obliged to Contract Out Oil Projects to India’

An Iranian legislator says Tehran has no commitment to contracting out the development of its oil fields to India.
Porsche Panamera Catches Fire in Tehran Highway

Porsche Panamera Catches Fire in Tehran Highway

A Porsche vehicle has caught fire along a highway in the Iranian capital, Tehran. The fire has reportedly flared up in the engine and spread through the console wiring.

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