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 permits ‘unofficial’ US trade link
Unofficial connections could pave the way for establishment of joint chambers of commerce between Iran and America, said Gholamreza Shafei.
Iran to launch trade center in Iraq’s Kurdistan Region
The center should serve to provide a good understanding of Iraq's market, introduce Erbil's trade attractions to traders and support the Iranian industries that eye a share in the Iraqi city.
Iran, Oman launch new shipping route
Iran has inaugurated a new shipping route to Oman to help diversify its access to international export markets and to transport food items, agricultural products and perishable goods.
Pakistan is counting the cost of its blind obedience to the US
The US has warned energy-poor Pakistan against implementing a gas pipeline project with Iran to counter the growing presence of China in the Muslim country.
Iran’s strong presence in Expo Milano 2015
A photo gallery of the Iranian pavilion designed by Kamran Safamanesh at Expo Milano 2015.
Asia refiners renew Iran crude purchase deal
Chinese, Indian, South Korean, Japanese and Turkish refiners have all extended their oil purchase contracts with Iran, said Ghamsari.
Iran, South Africa keen for closer economic ties
Tehran is willing to expand economic relations with Pretoria and the ties should develop with a good momentum, said the president in a meeting with Nkoana-Mashabane.
Iran trade team on rare US visit
An Iranian team of economic and cultural players is reportedly in the US to hold talks with their American peers and present Iran's capacities, said a member of Tehran Chamber of Commerce.
Gas exports to Europe not economical: Iranian official
Given a decline in gas prices in Europe, it is not economically feasible to export gas there at the moment, said Mohsen Ghamsari.
Iran cites key oil technology success
Iran’s Oil Ministry has said its experts have been able to build a gas microbubble generator which facilitates drillings into oil wells.
Iran, India ink deal on Chabahar Port
Defying US warnings, India has signed an agreement with Iran to develop a port in the southeastern province of Sistan-Baluchestan.
Iran, Algeria working to promote trade ties
Iranian and Algerian chambers of commerce are duty bound to encourage their private sectors to promote trade and embark on joint ventures, said Shafei.
Berlin after energy deals with Tehran: Official
The German foreign ministry spokesman has said a final nuclear deal between Iran and P5+1would help set the stage for energy cooperation between Tehran and Berlin.
Italy’s giant energy company ‘Eni’ eyes role in Iran
Officials from Eni conducted negotiations with the Iranian oil minister a few days ago on development of Iran’s joint fields, said Abdolreza Haji Hosseininejad.
Iran, Russia start using national currencies in banking transactions
The opening of a joint Iran-Russia bank account, presence of Russian banks in Iran and choosing a Russian bank for rial-based trade exchanges in Russia are some of the measures underway.
Peugeot to sign new contract with Iran Khodro
European manufacturers aim to return to the country if sanctions are eased under a proposed nuclear pact.
Supreme Leader: Domestic production key to solving economic woes
The Islamic Revolution leader has said that the country needs to rely on its domestic production if it wants to see its economic problems solved.
Iran breaks US monopoly in production of industrial lubricant
Iran has broken the US monopoly in production of an industrial lubricant, which is a strategic oil product, says an oil expert.
Iran, Russia ditch dollar, trade in ruble
Iran and Russia have started to use a mechanism which helps them ditch dollar and trade in ruble.
Iran’s dependence on oil hitting record low: Rouhani
President Rouhani has said that Iranians are equal before the law, adding all people, foreign tourists included, are protected by police and the law.
Iran sees growth even under sanctions
The governor of Iran's Central Bank has said that Iran’s economy is “on the right track”.
Iran welcomes promotion of ties with Japan: Rouhani
The Iranian president has said in a meeting with the Japanese premier that poverty and lack of development are the key roots of terrorism in the region.
Iran seeking to increase oil exports to pre-sanctions level: Minister
It is expected that the OPEC members provide space for an increase of Iran's oil production in the global markets, said Zanganeh.
Foreign partners are one main hidden asset for Iran
A senior presidential advisor has said that Iran needs to count on cooperation with foreign partners if it seeks to take an accelerated step toward globalization.
IMF forecasts Iranian economy to grow
An IMF report says that growth in the Islamic Republic of Iran is projected to be 0.6 percent in 2015 and 1.3 percent in 2016.
