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.
The heavens of Iran to become the heaven of flights amid hellacious conflicts
Foreign Airlines are willing to make a comeback to Iran’s sky which offers solace to airlines flying away from war-torn areas.
Iran, Turkmenistan, Kazakhstan are to be linked via rail in a month
Iran’s vice-president for executive affairs says the railway connecting Iran to Central Asia will come on stream in November.
Tehran, Munich planning to resume direct flights soon
Iran and Germany have agreed to resume direct flights between Tehran and Munich next month after a ten-year pause.
Iranian and Dutch businessmen meet to promote trade ties
Iranian and Dutch businessmen held talks at the Netherlands Council for Trade Promotion to bolster trade ties between the two nations.
Iran, Russia Plan to Use National Currencies in Bilateral Trade
Ruble and rial are going to replace the US dollar in bilateral transactions between Iran and Moscow.
India to go ahead with investment in Iran’s Chabahar Port
A new chapter in Iran-India trade relations; hurdles were cleared after Narendra Modi took office.
Iran’s crude steel production exceeds 12m tons
Iran’s crude steel production has risen by all but 7 percent to 12.06m tons over the first nine months of 2014.
Harvesters pick berberis in Iran, enjoying the fruits of their labor
Harvest season in Iran creates picture-perfect scenes of farmers’ efforts bearing fruit.
Iran to produce 5,000 MW clean power in five years
The Renewable Energy Organization of Iran says it is planning to generate 5,000 MW of clean power in five years’ time.
Iran ready for joint investment in Qatar
Visiting Qatari Minister of Economy and Commerce Sheikh Ahmad bin Jassim bin Mohammad al-Thani meets with Iranian officials, discussing bilateral ties and joint investment.
IMIDRO: Chinese firms willing to invest in Iran’s steel industry
The Head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) says Chinese investors are interested in putting their money into Iran's steel industry.
Boeing ends decades-long hiatus in business with Iran
The US aircraft-manufacturing giant Boeing has provided Iran's national flag carrier with a cargo of plane parts, bringing to an end a decades-long pause in doing business with Iran.
Peugeot has agreed to Iran’s conditions: Iran Khodro chief
Lots of factors are at paly to specify the extent of investment by either side in contracts of cooperation between Iranian and foreign carmakers.
Iran Khodro says it seeks to design a new car in partnership with a foreign firm
Iran Khodro, the leading Iranian carmaker, says it has entered talks with a German designer to set the stage for the production of a joint car in four years.
EBEX 2014, invest show opens in Kish
The first Kish International Exchange, Bank, Insurance, Capital Market and Privatization Exhibition (EBEX 2014) and the 6th Exhibition on Investment Opportunities in Iran Opened in Kish Island.
Oil giants keen to return to Iran’s oil, gas sector
An Iranian oil company director says a final nuclear agreement between Tehran and G5+1 would see the return of world oil giants to Iran.
Canadian, Australian companies ready for gas cooperation
Companies from Canada and Australia have expressed readiness to put their money into Iran’s gas projects, the National Iranian Gas Company says.
Some 90 foreign firms attending Minex 2014
A Third Mines and Mining Industries Exhibition (Minex 2014) opens in Tehran with some 90 foreign companies taking part.
Government and Economic Development
A book that dissects the reasons why some non-democratic governments are on the fast track to economic development?
Industries Ministry: Iran welcomes foreign investment in mining sector
The Deputy Minister of Industries, Mines and Trade says Iran has set the stage for foreigners to invest in its mining and mineral industries.
Iran’s saffron exports hit $83 million mark
Iran registers a 20 percent rise in its saffron exports in the first half of the Iranian calendar year, earning more than 83 million dollars in revenues.
Politicizing approach towards Iran to hurt World Bank’s credit
Iran’s economy minister took a swipe at unfair sanctions and the politicized approach of the World Bank toward Iran.
Iran’s oil industry needs $200 b. in investment: Minister
The Iranian oil minister says countries that hold talks with Iran before the lifting of sanctions will have an edge over others that wait until after the sanctions are removed.
Iran Khodro has accelerated car production in Iraq
Iran’s leading carmaker, Iran Khodro, says it has increased the number of cars it manufactures in Iraq to 50 per day, and that it plans to raise it to 100 in the future.
Iran planning to boost economic relations with Caspian Sea nations
Iran has stressed that it is determined to boost trade ties with all the neighboring countries, especially the Caspian Sea littoral states.
