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.
Prime Minister of Sweden Stefan Löfven is scheduled to visit Tehran in February 2017 heading a high-ranking economic delegation, the country’s envoy to Iran announced.
Talks between Brazil, Iran and India could result in the construction of an oil refinery and petrochemical plant in one of the South American nation’s poorest states.
An Iranian analyst has explained why Iran’s economy found its way to growth during the past years while the Venezuelan economy ended in meltdown in spite of having better economic conditions.
The runaway dollar has sparked serious concerns in Iran over what many believe could eventually prove costly for a country which has been planning for months to reap the benefits of the removal of the sanctions.
The Islamic Republic of Iran has exported more than $31 billion worth of non-oil goods during the first nine months of the current Iranian year, which started on March 20, 2016, official customs data showed.
The Central Bank of Iran (CBI) says it has authorized banks to deal in foreign exchange trading at a free-market rate – a move which is expected to help control the rising rates of the dollar.
A former commander of the Islamic Revolution Guards Corps (IRGC) says the nuclear deal between Tehran and world powers is like a snowball that is gradually melting.
The World Customs Organisation’s Centre of Information and Security has introduced Iran as the world’s third country in the fight against violation of customs regulations and smuggling of goods.
Energy experts believe that Iran need to increase its cooperation with major oil companies if it wants to take better advantage of its recent victory in the Organization of Petroleum Exporting Countries (OPEC) summit.
Airbus Group SE suffered a blow to its already troubled A380 program when Iran, which had previously suggested it would buy the double-decker planes, said it had dropped the model as part of a wider fleet upgrade.
Iran’s deputy petroleum minister says the country will become self-sufficient in gasoline production next year as it eyes exporting the crucial fuel to other countries in the region and across the world.
Republican members of the US Congress are vowing to fight a $16.6 billion deal between Boeing and Iran after the air giant announced Sunday it had agreed to sell 80 aircraft to Iran Air.
A memorandum of understanding has been inked on peaceful nuclear cooperation between Atomic Energy Organization of Iran and Nuclear Research Institute of Czech Republic.
President Hassan Rouhani’s government has placed an order with South Korea to build a number of ships for Iran, but the contract has sparked strong reactions, particularly from the IRGC’s influential construction base, which says Iranian companies are capable enough to build the ships.
Iran says it expects to finalize an aircraft purchase agreement with European aviation giant Airbus within the next two weeks, adding that the first planes could be delivered by March 2017.
