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.
Iran, Tajikistan sign MoU to complete Anzob tunnel
Iran and Tajikistan have inked a deal to complete the Anzob tunnel, which connects the Tajik capital to the country's second largest city Khujand and is a transit route between Dushanbe and Tashkent.
Is $50 per barrel oil in the offing?
An increase in OPEC output, a hike in the number of American oil rigs and Iran's likely production increase contribute to the decline in oil prices.
Iran’s president to attend BRICS, SCO summits in Russia
President Rouhani is going to have a tight schedule during his two-day stay in the Russian city of Ufa.
Iran vows to double oil exports after sanctions lifted
Iran’s deputy oil minister says oil exports will reach 2.3 million barrels, compared with around 1.2 million barrels a day today.
Rouhani orders financial system reforms
Reforms are necessary to remove the obstacles in the way of the competitive industrial output and to enhance the efficiency of the overall financial structure, President Rouhani said.
Sanctions-hit Iran ports come back to life
International shipping lines are stepping up port calls to Iran as the country’s massive maritime trade sector is emerging from sanctions.
Report: Turkey in talks to buy Iran fuel oil
Turkey is discussing imports of fuel oil from Iran which is running a surplus of the product amid a decline in domestic consumption, local media said on Thursday.
Laylaz: Iran’s economy is not sanctionable (PART TWO)
If we had acted before the economy plunged into this crisis, sanctions would definitely have failed to bite.
Iran car imports down 51%
In total, 10,555 cars were imported in the first three months of the current year.
AIIB discourages poverty, promotes peace, stability: Economy chief
Tayyebnia said the important role of Asian states in global economy and impact of the bank on infrastructural development is evident.
Laylaz: Iran’s economy is not sanctionable (PART ONE)
Saeed Laylaz, an Iranian economist, says that mismanagement of the previous government has caused the country more losses than sanctions.
Iran building major port near Hormuz Strait
A multi-purpose port Iran is building near the Strait of Hormuz has absorbed 700 million euros in foreign investment. Officials say the new port can turn into one of the biggest and most discussed international ports in the world.
AIIB can be instrumental in Asian development projects: Economy minister
Iran's membership of the bank is in line with measures to realize the principles of the resistance-based economy, Minister of Economy and Financial Affairs Ali Tayyebnia said.
Iran buys ‘most advanced’ oil vessel
An Iranian energy official has said as many as 30 European and Asian companies have held talks with Iran in recent months to invest in the country’s oil and gas projects.
Minister hold negotiations with passenger plane manufacturer
Abbas Akhundi said that due to sanctions during the past decades Iran has just managed to buy second-hand planes, noting the renovation of the national air fleet is an absolute necessity.
“Imposing pressure on negotiators unwise; people need peace of mind”
President Rouhani’s Chief of staff has said that the Iranian nation needs peace of mind and a thriving economy in which business will yield benefits.
First Silk Road rail cargo enters Iran
The first cargo, including 45 freight wagons, carried on the Silk Road railway has crossed the Incha-Burun border with Turkmenistan into Iran.
Iran needs 400 passenger planes in next 10 years: Minister
The minister of roads and urbanization says Iran attaches special importance to development of its civil aviation fleet and that of airports and passenger terminals.
Iran, Pakistan launch joint fiber optic project
The network is aimed at expanding the bandwidth of Pakistan and international information transit.
Iranian official rejects reports on energy talks with US companies
Hosseini said Iran has already held negotiations with major European energy giants.
US says working to block nine Iranian jets
The head of Iran’s Civil Aviation Organization said that the US did not have the right to block the planes on international trips but Iran had to get ready for any eventuality.
Iran needs to get ready for the post-sanctions era
Iran’s standard chief says accreditation helps the country start doing business and rendering services on the same footing with its international counterparts.
Iran’s return to oil market gradual: Zanganeh
Zanganeh said oil market stability through balanced supply and demand will remain a priority for OPEC under all circumstances.
Stand your ground on gasoline decision
Sadegh Zibakalam has asked in a letter to the government spokesman to explain to people the positive results the government decision to raise gasoline prices will produce in the long run.
Envoy Describes Germany as Iran’s Biggest European Trade Partner
Germany is the biggest European partner of Iran in the field of economy, the German envoy said in a meeting with Khorasan Razavi governor general.
