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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.

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Iran’s Official Currency to Be Changed from Rial to Toman

Iran’s government has approved a bill to change the country’s official currency from Rial to Toman (1 toman equals 10 rials).
ore

Ninety thousand tons of ore extracted from Khomein Gold Mine

Adoption of an industrial process for gold processing will turn Khomein into a hub for production of precious metals.

Italian company to build 50 MW solar power plant on Iran’s Qeshm island

The Italian company of Carlo Maresca S.p.A. is to build a 50-megawatt solar power plant on the southern Iranian island of Qeshm due to its signed agreement with the Qeshm Free Zone Organization, ISNA reported on Sunday.
grape-festival

National Grape Festival Held in Iran

The fourth edition of National Festival of Best Bunch of Grape was held in the city of Malayer in Hamadan Province, northwest of Iran. Here...
electricity

Iran Cuts Electricity Supplies to Iraq

Iran has reportedly cut electricity exports to Iraq due to the country's accumulated debt of nearly $1 billion to Iraq, Iranian and Iraqi officials noted.
Oil-Iran

Iran launches world’s largest floating oil terminal in Persian Gulf

The 2.2-million-barrel floating oil storage unit (FSU) came on stream in Soroush oil region.

Russian flotilla to visit Bandar-e Anzali

In the second half of this year the Russian Navy Caspian Flotilla will visit the ports of Azerbaijan, Kazakhstan and Iran, the Commander of the Russian Caspian Flotilla, Rear-Admiral Igor Osipov, said on Sunday.
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“Women to Make Up 45% of Labour Market in Iran by 2026”

Within the next ten years, about 45% of the Iranian labour market will be in the hands of women, Moslem Khani, an advisor to the Ministry of Cooperatives, Labour and Social Welfare said on Monday June 13.
Iran-russia

Iran, Russia Plan to Use National Currencies in Bilateral Trade

Ruble and rial are going to replace the US dollar in bilateral transactions between Iran and Moscow.
Iran fishery industry

French Fishery Companies in Iran for Investment: Envoy

France’s Ambassador to Tehran François Sénémaud said 16 companies from his country have come to Iran to consider opportunities for investment in Iranian fishery industry.

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