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.
Bushehr Exports Up 10% in Value
The southern province of Bushehr exported 2.049 billion dollars worth of non-oil Commodities during the first quarter of the current calendar year which started on March 21.
Iran’s 3-month carpet exports rise 23%
Iran exported 1000 tons of hand-made carpets in spring 2014, a 23 percent growth in weight compared to spring 2013, the acting director of Iran's National Carpet Center said on Wednesday.
Iran sanctions cost US economy $175bn: NIAC
The US sanctions against Iran have cost Washington as much as USD 175 billion dollars in losses for not doing business with the Islamic Republic, a Washington-based think-tank has found.
Iran’s Bushehr Province, Qatar Become Economic Partners
Qatar and Iran's southern province of Bushehr penned an agreement for economic cooperation.
Iranian Hydroelectric Power Plants’ Output Rises by 9%
The electricity produced by Iran’s hydroelectric power plants has witnessed over 9 percent increase since the beginning of the current Iranian year
Final nuclear deal to spur Iran economy: CBI official
A senior Iranian banking official forecasts a six-percent economic growth for Iran in case Tehran and six world powers reach a final accord on the Islamic Republic’s nuclear program.
Russia builds 5 power plants for Iran
Russian contractor Technoprom energy firm has negotiated construction of 5 power plants with Iran’s ministry of energy.
Iran, Ukraine set to boost cooperation in air transport
Head of Iran Civil Aviation Organization Alireza Jahangirian and his Ukrainian counterpart Denys Antoniuk, in a meeting in Tehran on Saturday, explored ways to promote bilateral cooperation in air transport.
Envoy: Kabul Keen to Sign Transit Deal with Iran, India Via Chabahar
Afghan Ambassador to New Delhi Shaida Mohammad Abdali said his country is keen to ink a trilateral agreement with Iran and India to facilitate the transit of commodities between Afghanistan and India via Iran's Chabahar Port.
Renault Willing to Resume Activity in Iran
French giant automaker Renault once again voiced its readiness to resume its cooperation with Iranian carmakers in the near future.
Iran, Denmark to Increase Technical, Engineering Cooperation
Iran and Denmark are determined to increase their cooperation in technical and engineering fields, specially in the mining sector.
Iran would export gasoline next year
An official has said Iran would export gasoline beginning next year with operation of the news oil refinery.
Rouhani: government committed to curb inflation
Iran’s Hassan Rouhani is in Khorramabad visiting the general public; says government is committed to curb inflation.
Iran top holder of worldˈs natural gas reserves: BP
The British Petroleum (BP) classed Iran, for the second consequent year, as the world’s top gas reserves holder with 33.8 trillion cubic meters, it was reported on Wednesday.
Official: Isfahan Refinery to Produce Euro-4 Gasoline
Iran's Isfahan refinery plans to start producing Euro-4 gasoline once the necessary catalyst is mass-produced in the country, a senior official announced.
Iran among the safest countries for investment
First deputy- President has said Iran is one of the safest countries for petrochemical investments.
Azerbaijan Planning to Promote IT Cooperation with Iran
Azerbaijan’s Communications and Advanced Technologies Minister Ali Abbasov plans to pay an official visit to Tehran in the second half of June to promote Tehran-Baku ties in various fields of communications and information Technology (IT).
MP: China Planning to Finance Completion of Khoda Afarin Dam in Northwestern Iran
China plans to allocate approximately $1bln for the implementation of Khoda Afarin Dam irrigation project, an Iranian parliamentarian announced.
Turkey extends contract to import Iran oil: Official
Tehran and Ankara have renewed a bilateral agreement on the export of Iran’s oil to Turkey, an Iranian energy official says.
Iran, Russia Mulling $10bln Deal in Power Sector
The Islamic Republic of Iran and Russia are working out a $10-billion deal in the power sector.
Iran’s Economy Minister in Kazakhstan to Attend 4th ECO Ministerial Meeting
Iranian Economy Minister Ali Tayyebnia left Tehran for Kazakhstan to attend the Fourth Ministerial meeting of the Economy Cooperation Organization (ECO) in the central Asian country.
‘South Pars to be completed by 2017’
All phases of Iran’s giant South Pars natural gas field will be completed by early 2017, an Iranian energy official says.
Iran ready to supply Europe with natural gas: Official
A senior Iranian energy official says the Islamic Republic is prepared to export natural gas to European countries seeking to diversify their energy sources and gas supplies.
Iran-Russia propose to establish joint financial firm
Iran’s ambassador to Moscow and Russian deputy-minister of finance have proposed establishment of a joint financial firm.
Energy Minister Calls for German Companies’ Cooperation in Iran’s Water Projects
Iranian Energy Minister Hamid Chitchian called on the German companies to take part in Iran's water projects.
