Business
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.
US pistachio growers worry about competition from Iran
Indications are growing in the United States that pistachio growers are becoming worried over what many see as an impending intense competition with their Iranian rivals.
Expert: It is only fair for Iran to increase oil production
A expert on oil and energy market said it is only fair for Iran to increase its oil production.
Russia Says to Start Construction of 2 Power Plants in Southern Iran
The head of Russia’s Rosatom State Nuclear Energy Corporation announced the country is set to start the construction of two more nuclear power plants in Iran's southern city of Bushehr soon.
How to build tomorrow cities?
An urban economy expert believes best cities in the world are where social interaction is promoted.
Boeing gets Ok to study Iran market
Boeing said Friday it received the green light from the Obama administration to study the commercial airplane market in Iran as it eyes opportunity following the lifting of nuclear sanctions against the country.
Minister: Iran negotiating with American companies
Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh said several big American companies have started negotiations with Iran recently.
Iran exports 7.1mn barrels of oil only in 2 days
Iran has announced that it shipped more than seven million barrels of crude oil in only two days thus setting a new record in the country’s oil exports not seen in several years.
Iran Supports Moves to Improve Oil Price: Zangeneh
Iranian Minister of Petroleum Bijan Zangeneh said Tehran supports any move to stabilize the situation in the international crude oil market and improve the price of the product.
Tehran Quartet Ministerial Meeting Opens to Tackle Oil Price Slump
A meeting of oil and energy ministers of Iran, Iraq, Venezuela, and Qatar started here on Wednesday to discuss solutions to save the global crude oil prices to stabilize the market.
Airbus executive urges European banks to get over Iran fears
An Airbus executive urged European banks to overcome their wariness about financing export projects to Iran because of US sanctions, highlighting difficulties European companies face in their rush to Tehran.
S. Arabia, Russia to freeze oil output
Saudi Arabia and Russia agreed to freeze oil output, which is already at near-record levels. This is the first coordinated move by the world’s two largest producers to counter a slump that has pummeled economies, markets and companies.
Brazil ditching dollar to boost Iran trade
Brazil says it will ditch the dollar in trade with Iran to sidestep a US ban which prevents Tehran from using the American financial system.
Zangeneh: Iran to export gas to Georgia
Minister of Petroleum Bijan Zangeneh said on Tuesday that export of gas to Georgia and joint investment in the petrochemical sector will be pivot of the Iran-Georgia cooperation.
Iran’s Bank Sepah reconnected to SWIFT
Iran’s Bank Sepah announced on Tuesday that it has been reconnected to SWIFT international banking services system after almost a decade.
Iran Signs Deal with Turkey to Smooth Financial Transactions
The Chief Executive Officer (CEO) of Iyzico, an Istanbul-based payments startup, said the company has signed a deal with an Iranian firm, which would...
German banks ready to inaugurate branch offices in Iran
German Bavaria's Minister for Economic Affairs Ilse Aigner said on Tuesday that German banks are ready to open branch offices in Iran.
Russia can supply 100 Sukhoi superjet to Iran — manufacturer
Russia could supply about 100 short-haul passenger aircraft Sukhoi Superjet 100 to Iran, Vice-President of the United Aircraft Corporation (UAC) Vladislav Masalov said Tuesday at the Singapore Airshow 2016.
Iran voices disinterest in oil majors’ deal
Iran on Tuesday expressed disinterest in a reported deal by its heavyweight rivals to freeze output so that the market reaches a stability that has already proved elusive for months now.
Tehran to Host Trilateral Oil Meeting Tomorrow: Official
A senior official at the National Iranian Oil Company (NIOC) said representatives of Iran, Iraq and Venezuela will convene in Tehran on Wednsday to discuss the latest situation in the global oil market.
Iran’s VP Urges Inseparable Links with World Economy
Iranian First Vice-President Eshaq Jahangiri insisted that Tehran should develop such close ties with the global economy that any decision to isolate Iran would prove costly and impracticable.
‘Japanese banks eyeing foothold in Iran’
A senior Japanese official has called for more opportunities for his country’s banks to increase their cooperation with Iranian financial institutes.
China-Iran Freight Train Arrives in Tehran on First Journey
The first direct train connecting China and Iran, which had departed from the city of Yiwu in Zhejiang Province, has arrived in Iran’s capital....
Japan PM due in Iran to expand oil cooperation
Japan's Prime Minister Shinzo Abe will pay a visit to Tehran to hold talks with Iranian officials on ways to expand oil cooperation, Iran’s Oil Minister Bijan Zangeneh says.
CBI starts implementing SWIFT in banking transactions
Iran has started implementing SWIFT codes in its banking transactions since yesterday, a senior official said.
Minister says banking facilities to pave way for boosting economic ties with Ghana
Iran’s Minister of Industries, Mines and Trade Mohammad Reza Nematzadeh said providing banking facilities could be the first step towards boosting economic relations between Iran and Ghana.
