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’s Foreign Minister Mohammad Javad Zarif, in a meeting with Prime Minister of Bulgaria Boyko Borisov, has called for expansion of business ties with Sofia.
Sofia gives great priority to expanding its trade relations with Tehran, Bulgarian President Rumen Radev said, describing Iran as a “very important” country in the Middle East.
Iran and Armenia have held the 15th meeting of their Joint Economic Commission to explore ways for further cooperation between the two sides in energy as well as other fields.
Iran Khodro Industrial Group, the country’s biggest car manufacturer, has exported the first consignment of its Dena Plus cars to Senegal to be used in the African country’s police fleet.
A new car fueling system has been launched in Iran based on which the car owners order fuel using a mobile application and receive it wherever they are.
An Iranian parliamentarian says using alternative foreign currencies in international financial transactions will ease psychological pressure on the dollar market.
A French delegation from ATR, a Franco-Italian aircraft manufacturer, has traveled to southwest Iran to examine reasons behind the crash of an ATR plane in Mount Dena that led to the deaths of all 65 people on board.
The Financial Action Task Force, an international anti-money laundering body, has once again delayed some penalties against Iran, but kept the Islamic Republic in its black list and threatened action in June.
An Iranian lawmaker says the southwestern province of Khuzestan has a great capacity to attract foreign investments, especially those by German companies, in the fields of energy, agriculture, and industry.
The Central Bank of Iran says it has never recognized bitcoin and other cryptocurrencies as official currency within the boundaries of the Islamic Republic and conducts no transactions in them.
Iranian legislators have called on the president to reconsider plans to forge closer economic cooperation with France and the UK in protest at their roles in passing an anti-Iran UN resolution.
The Sunday crash of an Iranian ATR 72 passenger plane in central Iran during a flight from Tehran to the southwestern city of Yasuj, which claimed the lives of 66 people, has once again brought into the limelight the issue of unilateral US sanctions and their deleterious effect on Iran's transportation sector, especially the country’s civil aviation fleet.
A senior political analyst is sceptical about India’s interest in development of its ties with Iran, saying New Delhi is just after securing the energy supplies it needs and gaining access to the region’s markets via the Islamic Republic.
An Iranian lawmaker says the Parliament will not approve the country’s accession to the Financial Action Task Force (FATF) if it proves to be against the Islamic Republic’s interests.
The conservative newspaper Kayhan has harshly criticized the Iranian government’s plan to implement the regulations of the Financial Action Task Force (FATF), saying such cooperation would just make more effective the US sanctions on Iran.
Ten exchange facilities have been closed down and 90 foreign currency dealers arrested in a police raid in Tehran aimed at controlling the surging forex rates mainly caused by non-economic factors.
Amid the controversies over the delivery of Boeing and Airbus passenger planes to Iran, a Russian-built Sukhoi Superjet 100 has landed at Tehran's Mehrabad Airport with a team of engineers on board to make Iran interested in purchasing the airliner.
Iranian Energy Minister Reza Ardakanian says the ministry welcomes the idea of seeding clouds raised by the Aerospace Force of the Islamic Revolution Guards Corps (IRGC).
Iranian President Hassan Rouhani has described the nuclear deal between Tehran and world powers as a leading role model for resolving all problems across the region and the world, regretting that the US is not living up to its commitments under the deal.
