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.
What will happen when Iran’s oil is back on the market?
Fararu, an Iranian news website, has predicted that Iran’s return to global oil markets will bring about a positive change for both producing and consumer nations.
Tehran started planning to renovate airliners Iran Air, Aseman
Officials in Tehran say the country has serious plans to use the opportunities that the last week’s breakthrough in nuclear talks with P5+1 has provided to promote its domestic airline industry.
Iran offers India $8 billion of projects
Iran has offered India $8 billion worth of infrastructure projects, including a stake in developing the strategic port of Chabahar, the country’s ambassador to New Delhi has said.
Russia negotiating supply of ‘Sukhoi Superjet’ to Iran
The Russian minister of transport has said that Moscow is negotiating with Iran on the supply of Russian passenger planes Sukhoi Superjet 100 to Iran.
Boosting oil exports top priority for Iranian Oil Ministry: Zanganeh
The Iranian oil minister has said that the Islamic Republic plans to raise its oil exports after the implementation of the historic deal Iran and P5+1 clinched on July 14.
Iran has no plan to offer discounts on gas exports to Turkey
The NIGC chief has said that the result of The Hague arbitration will be out later this year and Turkey’s gas complaint will not affect Iran’s natural gas exports to Turkey.
Iran signs $2.3 billion gas pipeline plan
The contract includes building 590 kilometers of pipeline to the border with Iraq in addition to five gas compressor stations in two years.
Economy chief orders measures to accelerate capital inflow, privatization
The capital market should be as instrumental as the banking system in financing the country's projects, the economy minister said.
Iran says 14 new planes to join its civil fleet by yearend
Some 14 Airbus and Boeing passenger planes have been overhauled inside the country and will join the civil fleet before the end of year, said Hamid Habibi.
India to finance Iran rail tracks exports
India has signed a contract worth $233 million with Iran for exports of rail tracks by companies including Steel Authority of India.
Iran Asia trade soars amid West’s sanctions
Iran’s Asia exports rose nine percent to more than $5 billion in the two months to May 21.
Iranian president in Russia to attend BRICS, SCO summits
Iran’s President Hassan Rouhani is in Russia to participate in two major summits of BRICS and the Shanghai Cooperation Organization (SCO).
Iran, Tajikistan sign MoU to complete Anzob tunnel
Iran and Tajikistan have inked a deal to complete the Anzob tunnel, which connects the Tajik capital to the country's second largest city Khujand and is a transit route between Dushanbe and Tashkent.
Is $50 per barrel oil in the offing?
An increase in OPEC output, a hike in the number of American oil rigs and Iran's likely production increase contribute to the decline in oil prices.
Iran’s president to attend BRICS, SCO summits in Russia
President Rouhani is going to have a tight schedule during his two-day stay in the Russian city of Ufa.
Iran vows to double oil exports after sanctions lifted
Iran’s deputy oil minister says oil exports will reach 2.3 million barrels, compared with around 1.2 million barrels a day today.
Rouhani orders financial system reforms
Reforms are necessary to remove the obstacles in the way of the competitive industrial output and to enhance the efficiency of the overall financial structure, President Rouhani said.
Sanctions-hit Iran ports come back to life
International shipping lines are stepping up port calls to Iran as the country’s massive maritime trade sector is emerging from sanctions.
Report: Turkey in talks to buy Iran fuel oil
Turkey is discussing imports of fuel oil from Iran which is running a surplus of the product amid a decline in domestic consumption, local media said on Thursday.
Laylaz: Iran’s economy is not sanctionable (PART TWO)
If we had acted before the economy plunged into this crisis, sanctions would definitely have failed to bite.
Iran car imports down 51%
In total, 10,555 cars were imported in the first three months of the current year.
AIIB discourages poverty, promotes peace, stability: Economy chief
Tayyebnia said the important role of Asian states in global economy and impact of the bank on infrastructural development is evident.
Laylaz: Iran’s economy is not sanctionable (PART ONE)
Saeed Laylaz, an Iranian economist, says that mismanagement of the previous government has caused the country more losses than sanctions.
Iran building major port near Hormuz Strait
A multi-purpose port Iran is building near the Strait of Hormuz has absorbed 700 million euros in foreign investment. Officials say the new port can turn into one of the biggest and most discussed international ports in the world.
AIIB can be instrumental in Asian development projects: Economy minister
Iran's membership of the bank is in line with measures to realize the principles of the resistance-based economy, Minister of Economy and Financial Affairs Ali Tayyebnia said.
