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.
Hard-Working Women in Farms of Northeastern Iran
Northeastern province of Golestan is economically dependent on agriculture, and women play a key role in running the industry though in a traditional way.
Transfer of Technology Knowhow, a Prerequisite to New Contracts: First VP
Iranian Vice-President Eshaq Jahangiri underlined the significance of transfer of technology knowhow in foreign contracts, and described it as a necessity within the frameworks of Resistance Economy.
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.
Rouhani Thanks Crew Involved in Containing Petrochemical Complex Fire
Iranian President Hassan Rouhani expressed gratitude to the people and organizations involved in containing the fire that broke out at Bou Ali Sina petrochemical refinery complex on Wednesday, July 6.
Iran’s Petchem Complex to Resume Operation Within Weeks: Minister
The Iranian minister of petroleum says the country’s Bu Ali Sina Petrochemical Complex in the southwestern province of Khuzestan, which was hit by a raging fire earlier this week, will resume its operation within the next few weeks.
Firefighters Still Battling Blaze in Petrochemical Complex in Iran’s Mahshahr
Iranian firefighters and helicopters tried on Thursday to extinguish a fire that broke out at Bu Ali Sina petrochemical refinery complex in southwestern port city of Mahshahr a day earlier.
Iran Ranks First in Middle East in Aerospace
Based on a report by Spanish University of Granada scientific ranking site (SCImago), Iran ranks first in aerospace in the Middle East and 11th in the world, an Iranian official noted.
Tehran Stock Exchange joins World Federation of Exchanges
An Iranian official says the Tehran Stock Exchange (TSE) is joining the World Federation of Exchanges (WFE).
Iran’s Cabinet Readying Bill on Big Change in Banking Sector
The Iranian administration has worked out a proposal that, if passed by the Parliament, will usher in a major development in the country’s banking sector, President Hassan Rouhani announced.
Iran, 4th Biggest Oil Supplier to Japan in May
Iran has become the fourth biggest oil supplier to Japan in May by exporting 308,000 barrels of crude oil to the East Asian country in the 30-day period.
Poland Buys 2m Barrels of Iran’s Crude Oil: NIOC Official
Mohsen Qamsari, the director for international affairs of National Iranian Oil Company (NIOC), said the country has sold 2 million barrels of crude to Poland.
Renault to Come to Iran with Five New Models
French Renault automobile manufacturer is to be in Iran's market with five new products, an official at Iran’s Development and Renovation Organization (IDRO) announced.
Wheat Fields in Northwestern Iran
Mizan has published photos of beautiful wheat fields near the city of Ardabil in northwest of Iran.
West Has Already Launched Iran’s Landline, But Doesn’t Pick Up the Phone!
An Iranian trade official hailed the positive outcomes of a recent nuclear deal between Tehran and world powers, known as JCPOA, but at the same time criticized the West over their failure to fulfill their obligations in full.
Newly-Purchased Planes to Be Added to Iran’s Fleet by Autumn: Official
An Iranian official dismissed the rumours of secret delivery of newly-purchased planes to the country, stressing that the deal with Airbus is in final stages and the new planes will arrive in Iran on autumn.
Iran and Turkmenistan Envisage Huge Goods-For-Energy Barter
An Iranian Petroleum Ministry official says Iran and Turkmenistan have envisioned a $30bn barter deal in their economic exchange.
Deputy Industry Minister: Economy Needs $800bn Investment
Iran’s Deputy Industry Minister said the country requires $8bn of investment in order to reach the goal of 8% economic growth.
Mining Report: New Exploration Plans Yield 90 Tons of Gold
400 tons of iron ore, 500 tons of coal and 90 tons of gold were tapped into following the implementation of new exploration plans
Infrastructure Completed for Power Export to Azerbaijan
Iranian Energy Minister Hamid Chitchian has announced the completion of an energy infrastructure project that will send Iranian electricity to neighbouring Azerbaijan.
4th International Maritime Industries Expo to Be Hosted by Tehran
The Fourth Iran International Maritime Industries Exhibition (Iran-IMEX 2016) will be held in Tehran from September 24-26, concurrent with World Maritime Day.
Oil Minister: New IPC Contracts Ready This Summer
Iran’s Oil Minister Bijan Namdar Zangeneh said the country’s new oil and investment contracts for international firms, known as Iran Petroleum Contracts (IPCs), will be launched this summer.
Sanctions on Bank Melli in Hong Kong Lifted
Deputy Governor for Currency Affairs at the Bank Melli of Iran (BMI) announced that sanctions on BMI Hong Kong Branch had been lifted since June 24 and the branch will soon resume its activities there.
Flight Delayed over Security Concerns
An Iranian airline delayed a flight from Tehran to Mashhad on Tuesday morning after a suspicious object in the plane raised security concerns.
Government Permits Private Sector to Issue Participation Bonds
President Hassan Rouhani said that issuing participation bonds by large private companies is a realizable goal, and promised to expedite the required arrangements.
140,000 New Jobs in Tourism by March 2018: CHTHO Chief
Iran will create some 140,000 job opportunities in the field of tourism by the end of the next Iranian calendar year (March 2018), the head of the Cultural Heritage, Tourism and Handicraft Organization (CHTHO), Masoud Soltanifar, announced.
