Sunday, December 28, 2025

Business

Iran Exports Milk to US for First Time in History

For the first time in Iranian history, the country has exported milk to the United States, Deputy Agriculture Minister Hassan Rokni announced on Thursday without providing any further information about the value of trade or time of delivery.

Trump’s First Positive Move towards Iran Deal Implementation

A recent move by the US Treasury Department to allow US nationals to open accounts at Iranian banks could be perceived as US President Trump’s first positive move towards implementing the nuclear deal with Tehran.

Iranian MPs Call for Caution in Dealing with FATF

A number of Iranian lawmakers have criticized the Financial Action Task Force (FATF) for its anti-Iran statement, and called on Iranian officials to be extremely cautious about the privileges they grant the organization.

Iran’s Leader Urges Gov’t to Stop Importing Fruits

Ayatollah Seyyed Ali Khamenei, the Leader of Iran’s Islamic Revolution, highlighted the great quality of Iranian fruits and called on officials to stop importing fruits unless in very necessary cases.

Iran Traditional Taxi Industry to Launch Ride-Hailing App

Tehran’s Taxi Organization will launch its own app in the near future in an attempt to claim back its market share from local ride-hailing applications Snapp and TAP30, the head of the organization announced.

France to Give Loans to Companies Investing in Iran

Finance Minister Michel Sapin announced that Paris is working on plans to issue direct loans to companies that want to invest in Iran.

Iran Unveils ‘Saba 248’ Utility Chopper

Iran has unveiled a new utility helicopter capable of serving both military and civilian purposes.

Resilient Economy Requires Int’l Cooperation: Iran’s FM

Iranian Foreign Minister Mohammad Javad Zarif says a resilient and sustainable economy requires cooperation at all sub-regional, regional and international levels, and the IORA provides its member states with a great opportunity to enhance their economic ties.

SAIPA Unveils Iran’s Cheapest Car with Auto Transmission

Iranian auto manufacturer SAIPA unveiled a new small hatchback car called the ‘Quick’ on March 6 in Tehran in a ceremony attended by high-ranking officials.

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.

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.

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.

Iranian Taxi Drivers Protest against E-Hailing Apps

Iranian taxi drivers staged a protest rally in front of the Iranian Parliament against two e-hailing companies in Tehran.

Iran’s Roads Minister Survives Impeachment

Iranian Minister of Roads and Urban Development survived an impeachment bid by the Parliament after securing a vote of confidence from lawmakers.

Iran to Probe Allegations about Total’s Information Leak to Qatar

An Iranian lawmaker says the Parliament will investigate the veracity of allegations concerning French oil giant Total’s disclosure of secret data about Iran’s South Pars Gas Field to neighbouring Qatar.

Iran Resumes Power Export to Iraq

Iran has resumed electricity export to Iraq after it halted supply in the beginning of the year, according to a Friday report by Mehr News Agency.

Iranian Airline to Purchase 100 Rolls-Royce Jet Engines

Iran’s Aseman Airlines has reached an agreement with British luxury-car and aero engine manufacturer Rolls-Royce to buy one hundred Tay-650 turbofan engines.

Iran’s Oil Output Slightly Affected by Power Cut in Khuzestan

The temporary power failure caused by the extremely high level of humidity and dust pollution in Iran's southwestern province Khuzestan has slightly decreased the country's oil production, but it won't influence Iran's OPEC commitments.

Hand-Made Lamborghini with Buick Engine Displayed in Tehran Auto Show

A hand-made yellow Lamborghini with an 8-cyllynder Buick engine has been put on display in the ongoing international car exhibition in Tehran.

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