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.
Zangeneh: Iran to export gas to Georgia
Minister of Petroleum Bijan Zangeneh said on Tuesday that export of gas to Georgia and joint investment in the petrochemical sector will be pivot of the Iran-Georgia cooperation.
Iran’s Bank Sepah reconnected to SWIFT
Iran’s Bank Sepah announced on Tuesday that it has been reconnected to SWIFT international banking services system after almost a decade.
Iran Signs Deal with Turkey to Smooth Financial Transactions
The Chief Executive Officer (CEO) of Iyzico, an Istanbul-based payments startup, said the company has signed a deal with an Iranian firm, which would...
German banks ready to inaugurate branch offices in Iran
German Bavaria's Minister for Economic Affairs Ilse Aigner said on Tuesday that German banks are ready to open branch offices in Iran.
Russia can supply 100 Sukhoi superjet to Iran — manufacturer
Russia could supply about 100 short-haul passenger aircraft Sukhoi Superjet 100 to Iran, Vice-President of the United Aircraft Corporation (UAC) Vladislav Masalov said Tuesday at the Singapore Airshow 2016.
Iran voices disinterest in oil majors’ deal
Iran on Tuesday expressed disinterest in a reported deal by its heavyweight rivals to freeze output so that the market reaches a stability that has already proved elusive for months now.
Tehran to Host Trilateral Oil Meeting Tomorrow: Official
A senior official at the National Iranian Oil Company (NIOC) said representatives of Iran, Iraq and Venezuela will convene in Tehran on Wednsday to discuss the latest situation in the global oil market.
Iran’s VP Urges Inseparable Links with World Economy
Iranian First Vice-President Eshaq Jahangiri insisted that Tehran should develop such close ties with the global economy that any decision to isolate Iran would prove costly and impracticable.
‘Japanese banks eyeing foothold in Iran’
A senior Japanese official has called for more opportunities for his country’s banks to increase their cooperation with Iranian financial institutes.
China-Iran Freight Train Arrives in Tehran on First Journey
The first direct train connecting China and Iran, which had departed from the city of Yiwu in Zhejiang Province, has arrived in Iran’s capital....
Japan PM due in Iran to expand oil cooperation
Japan's Prime Minister Shinzo Abe will pay a visit to Tehran to hold talks with Iranian officials on ways to expand oil cooperation, Iran’s Oil Minister Bijan Zangeneh says.
CBI starts implementing SWIFT in banking transactions
Iran has started implementing SWIFT codes in its banking transactions since yesterday, a senior official said.
Minister says banking facilities to pave way for boosting economic ties with Ghana
Iran’s Minister of Industries, Mines and Trade Mohammad Reza Nematzadeh said providing banking facilities could be the first step towards boosting economic relations between Iran and Ghana.
Iran, Ghana economic, trade commission meets in Tehran
Iran and Ghana economic and trade commission held a meeting here on Monday morning.
South Korea triples Iran crude imports
South Korea tripled its imports of Iranian crude oil in January from a year before, says a new report, coming a day after the Islamic Republic exported its first crude shipments to Europe.
Iran Accomplishing Oil Export Objectives
Since the termination of anti-Iran sanctions in January, the country has succeeded in increasing its crude exports by 400,000 barrels per day, getting closer to the intended selling 2 million bpd of oil, a top official announced.
Iran’s oil production increases 400,000 pbd
Deputy Oil Minister Rokneddin Javadi said on Sunday that production of Iran's crude oil increased 400,000 barrel each day and the figure is expected to increase by another 200,000 barrels.
Iran to create first carpet village
Chaleshtar in the central district of Shahrekord, the provincial capital of Chaharmahal-Bakhtiari, is going to be home to Iran's first carpet village, says the head of Carpet Department at the provincial Industries, Mines and Commerce Organization.
Iran trade delegation off to Germany
A 60-member trade delegation from Tehran Chamber of Commerce is to travel to Germany today.
$3m toys imported to Iran monthly
The secretary of Iranian Supervisory Council for Toys said that $3 million toys are imported to Iran every month meaning that 90% of Iranian market is related to foreign toys.
CBI’s 55th annual general assembly convenes
The 55th annual general assembly of Central Bank of Iran (CBI) was attended by President Hassan Rouhani and bank officials on Saturday.
Iran, Japan hold 11th meeting on human rights issues
Iran and Japan held their 11th meeting to discuss human rights issues here on Saturday.
Rouhani: Iranian banks main targets of sanctions
President Hassan Rouhani said Iranian banks were the main targets of sanctions imposed against the country in the past few years.
Iran oil exports to hit 1.5 mb/d in March
Iran’s first vice president says the country’s oil exports will reach 1.5 million barrels per day (mb/d) next month as Tehran moves to benefit from sanctions relief.
Seoul to finance South Korean firms’ projects in Iran
The South Korean government has promised to provide financial support to companies willing to invest in Iran which is emerging from isolation.
