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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.

Americans Allowed to Open Bank Accounts in Iran: Official

A source close to the Central Bank of Iran announced that Americans who live in Iran can open bank accounts in the country.
iran-azerbaijan-Train

Ambitious Project to Connect Europe to India Closer to Reality

Azerbaijan officially launched a rail link with Iran on Sunday by sending a train across the border to Iran’s northern city of Astara thus taking an ambitious multimodal transport project that connects northern Europe to India closer to reality.

Russian Carmaker UAZ to Launch Assembly Line in Iran

A Russian trade website says a leading automobile manufacturer is set to establish an assembly line in Iran in 2018.

Iranian MP Calls for Use of Int’l Standards in Banking Transactions

An Iranian lawmaker underlined the need for using global financial standards in Iran’s economy so that the country’s international banking and economic relations can develop.

MP Calls for Use of IFRS to Boost Foreign Investment in Iran

An Iranian MP has emphasised the need to use the international accounting standards in order to attract foreign investors to Iran.

Iran to Base 50% of Products on Knowledge-Based Methods

An Iranian Science Ministry official announced that the Islamic Republic aims to produce 50% of its goods using knowledge-based methods by 2025.

Iran Exports $500m Worth of Carpets in 10 Months

Some $500 million worth of carpets were exported from Iran during the 10 months to January 19, according to the deputy minister of industries, mining and trade.

Iranian President Visits Flare Minimization Plan in Southwest

During his Thursday visit to southwestern province Khuzestan, Iran’s President Hassan Rouhani visited the AMAK plan, the largest environmental project of the country in oil and gas sector.

Irán exportará a Rusia 100 mil barriles diarios de crudo

[:es]barriles diarios de crudo El Gobierno de Teherán tiene planeado sellar un pacto con Moscú por el que Irán venderá a Rusia 100.000 barriles diarios de petróleo.

Iran to Sell Crude Oil to Russia: Minister

Iran will sign a deal with Russia to sell 100,000 barrels per day of oil to its northern neighbour, Iranian Minister of Petroleum said on Tuesday.

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