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.
A number of the Iranian oil experts have reacted to recent comments by President Rouhani about the vital role of the nuclear deal in the completion of domestic oil projects, saying that he has overstated the impact of the JCPOA and imparted incorrect information
Iranian presidential candidate Mohammad Baqer Qalibaf says, if elected, he will turn the foreign ministry into the “Ministry of Foreign Affairs and International Trade” so that the foreign policy apparatus can help improve Iran’s domestic economy.
An Iranian lawmaker said the real oil price is more than $70 per barrel, and urged the OPEC’s member states to agree on adopting an effective strategy in their upcoming meeting in Vienna to raise the crude value by preserving the balance in oil production.
International and domestic private companies in the renewable energy industry will be eligible for tax holidays for 5-13 years as part of incentives to prop up investment in the nascent renewable sector, a deputy economy minister said on Sunday.