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.
Individual actions have no place in the world
The Chairman of the Expediency Council has said in a message to an International Brand Strategy Conference that Iran’s dignity is closely interwoven with the quality products it makes at home or sends abroad.
Enemy cannot prolong its pump war
Justice Minister Mostafa Pourmohammadi has said that Iran has managed to undo the destructive effects of the Western-imposed sanctions.
Iranian and French car giants sign auto deal
The two cars would be available on the market late this year (started on March 21, 2014) or early next year.
Sliding crude prices at the expense of alternative energies
Mohsen Renani, a university professor, says he does not buy arguments that Saudi Arabia has refused to reduce its output only to undermine Russia, Syria and Iran.
Iran, China ties strategic: Velayati
Iran is keen to boost ties with China and views its relations with Beijing as strategic, said Ali Akbar Velayati.
German no-frills airline to launch direct flights to Iran
German budget airlines Germania will have twice-a-week direct flights from Berlin and Dusseldorf to Tehran, in addition to a once-a-week direct flight from Hamburg to Mashhad.
Tumbling oil prices have opened up an opportunity for Iran
Economy Minister Ali Tayyebnia has said that government is trying to turn the threat posed by falling oil prices into an opportunity for the country.
Iran to enforce preferential tariff with Kazakhstan, Eurasia
Underscoring Iran’s determination to expand ties with Kazakhstan, the head of the Trade Development Organization voiced Tehran readiness to clear any hurdle.
Iran to double renewable energy capacity, official
The Iranian government says it plans to double the capacity of wind and solar power generation across the country.
Iranians won’t forget China’s cooperation over the years
The secretary of the Expediency Council says that Iran and China can make joint investment in Iraq if China fully cooperates with Iran.
Iran looks to invest more in mineral extraction: Official
Iran’s mining officials say Iranians – no matter where they live – and foreigners can invest in the country’s mining sector.
Common enemies use oil as political tool: Leader to Maduro
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says enemies are using oil as a political tool to exert pressure on oil exporting countries.
Aligned OPEC members can stabilize oil prices: Iran
Iranian President Hassan Rouhani says collective efforts by OPEC member states can help stabilize global crude prices at a desirable level in 2015.
Italian Companies Eyeing Investment in Iran
We did not expect to see the Iranian people and companies in such welfare and comfort: rather we thought that the sanctions have paralyzed the life and economy of Iran, said Silvano Pascuno.
Iran, OPEC states pursuing sliding crude prices
Oil Minister Bijan Namdar Zanganeh has said that Iran and its fellow OPEC members are pursuing the issue of plummeting crude prices.
Nobakht: Iran to face no budget deficit even if oil prices drop further
The government is going to spend more economically if its anticipated oil revenues for next year’s budget bill are not materialized.
Tokyo’s banking channels at Tehran’s disposal
Seyyed Abbas Araghchi, a deputy Iranian foreign minister, talks about Tehran-Tokyo ties in the wake of the Geneva interim deal.
Falling crude prices unable to push Iran to soften tone
The Iranian oil chief has said that plummeting oil prices will not make the country change its steadfast positions and stances.
Oil price manipulation, too risky a gamble
An Iranian energy expert says Saudi Arabia’s deliberate manipulation of oil prices and its overproduction are to blame for the sharp pains the glutted market feels.
2015, year of economic boom for Iran: IMF
The IMF has projected a 2.2% real GDP growth for the Islamic Republic of Iran in 2015.
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.
Iran to increase South Pars gas production by 100 mcm
Iran's oil minister has said that as promised before the country will increase its gas production from South Pars by 100 million cubic meters [per day] by yearend [March 2015].
Rafsanjani urges OPEC cooperation to prevent further drop in oil prices
Chairman of the Expediency Council Akbar Hashemi Rafsanjani has urged OPEC members to stand united and prevent further drop in oil prices.
Foreign direct investment in South Asia
Iran, the fifth country in the region in terms of foreign investment absorption, stands a good chance of attracting more capital from abroad.
Iran allots $15.2b to develop joint oilfields with Iraq
Iran has allocated USD 15.2 billon for the development of joint oilfields with neighboring Iraq as part of the Islamic Republic’s plans to increase its oil output.
