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.
Iran, Algeria working to promote trade ties
Iranian and Algerian chambers of commerce are duty bound to encourage their private sectors to promote trade and embark on joint ventures, said Shafei.
Berlin after energy deals with Tehran: Official
The German foreign ministry spokesman has said a final nuclear deal between Iran and P5+1would help set the stage for energy cooperation between Tehran and Berlin.
Italy’s giant energy company ‘Eni’ eyes role in Iran
Officials from Eni conducted negotiations with the Iranian oil minister a few days ago on development of Iran’s joint fields, said Abdolreza Haji Hosseininejad.
Iran, Russia start using national currencies in banking transactions
The opening of a joint Iran-Russia bank account, presence of Russian banks in Iran and choosing a Russian bank for rial-based trade exchanges in Russia are some of the measures underway.
Peugeot to sign new contract with Iran Khodro
European manufacturers aim to return to the country if sanctions are eased under a proposed nuclear pact.
Supreme Leader: Domestic production key to solving economic woes
The Islamic Revolution leader has said that the country needs to rely on its domestic production if it wants to see its economic problems solved.
Iran breaks US monopoly in production of industrial lubricant
Iran has broken the US monopoly in production of an industrial lubricant, which is a strategic oil product, says an oil expert.
Iran, Russia ditch dollar, trade in ruble
Iran and Russia have started to use a mechanism which helps them ditch dollar and trade in ruble.
Iran’s dependence on oil hitting record low: Rouhani
President Rouhani has said that Iranians are equal before the law, adding all people, foreign tourists included, are protected by police and the law.
Iran sees growth even under sanctions
The governor of Iran's Central Bank has said that Iran’s economy is “on the right track”.
Iran welcomes promotion of ties with Japan: Rouhani
The Iranian president has said in a meeting with the Japanese premier that poverty and lack of development are the key roots of terrorism in the region.
Iran seeking to increase oil exports to pre-sanctions level: Minister
It is expected that the OPEC members provide space for an increase of Iran's oil production in the global markets, said Zanganeh.
Foreign partners are one main hidden asset for Iran
A senior presidential advisor has said that Iran needs to count on cooperation with foreign partners if it seeks to take an accelerated step toward globalization.
IMF forecasts Iranian economy to grow
An IMF report says that growth in the Islamic Republic of Iran is projected to be 0.6 percent in 2015 and 1.3 percent in 2016.
Total says interested in Iran comeback
Iran has the world's second largest gas reserves after Russia, and we will consider returning to this country once sanctions are lifted, said the CEO of French energy giant Total
Iran, EU Banks in preliminary talks
An Iranian banking official says that once sanctions are lifted, the stage will be set to provide brokerage and international money transfer services for the imports and exports.
Tehran Stock Exchange rallies (PHOTOS)
A photo gallery that features a flurry of activity in Tehran Stock Exchange as a result efforts by the government of Prudence and Hope to put the economy back on track.
Iran’s annual foreign trade hits $102 billion
The volume of Iran's exports last year witnessed a 4.83 percent increase compared to a year earlier, and the value of exports jumped by 18.87 percent.
Tehran, Ankara sign eight cooperation documents
Rouhani and Erdogan underscored the necessity for further expansion of diplomatic and economic ties.
Iran Chamber of Commerce official expounds on pistachio production
Iranian and US pistachio output stood at the same level last year, but in the export market, Iran was in the lead, Asgaroladi said.
Iran’s crude steel production up by 8 percent
A report by the World Steel Association showed that Iran's steel production output in January-February 2015 increased by 15 percent over last year.
Rouhani: Country’s economy back on fast recovery track
President Rouhani said taking advantage of new technologies, absorbing investment and making use of experts are among top priorities of free trade zones.
Asia oil buyers set to enhance Iran imports
If sanctions are removed, there’s a big chance that demand for Iranian oil will recover in Asian nations like South Korea, China and Japan, according to analysts.
Online shopping booming in Iran
To promote public trust in online shopping, the Ministry of Trade has given an electronic trust logo to reliable websites.
Economic woes have yet to go away: President Rouhani
President Rouhani stressed that some eight million people have been offered medical insurance over the last 12 months.
