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Business

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.

Supreme Leader-Rouhani-Venezuela

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.
Rouhani-Venezuela

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.
Iran-Italy

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.
Zangeneh-Iran oil minister

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

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.
Abbas Araghchi

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.
oil price

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.
OPEC

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.
Iran-Economy

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.
ore

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.

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