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.
An Iranian customs spokesman says in the first 11 months of this year, more than 28 million tons of goods worth over 8.2 billion dollars were exported from Iran to Iraq, which translates to a 17% increase in weight and a 20% increase in value compared to the same period last year.
The head of Iran’s Aviation Organization has said the country is ready to send a passenger plane to Poland to return Iranian nationals from Ukraine. Mohammad Mohammadi Bakhsh said officials are awaiting a permit to do so.
Iran’s minister of economic and financial affairs says the country’s oil exports have increased 40 percent compared to the time when President Ebrahim Raisi took office.
Pakistan’s economic authorities have approved a legal mechanism designed to facilitate barter trade with Iran in new step in the direction of expanding commercial ties between the two neighbors.
Iran’s Interior Minister Ahmad Vahidi has said improving conditions in Mirjaveh border market of Sistan and Baluchestan on the border with Pakistan, must be on the agenda of provincial officials.
Iran’s first vice president has called for Iranian and Iraqi central banks to further their cooperation to facilitate financial transactions between the two countries.
Oil prices soared past $100 for the first time in more than seven years on Thursday after Russian President Vladimir Putin announced a "military operation" in Ukraine.
Upon returning home from Qatar, Iranian President Ebrahim Raisi has called on his administration to immediately start work on implementing the 14 agreements reached with Doha during his trip to the Persian Gulf kingdom.
Iran has signed a number of memoranda of understanding with Venezuela to overhaul and renovate the Latin American country’s oil refineries and gas processing plants.
Iranian President Ebrahim Raisi says natural gas can shape the future of energy in the world, stressing that gas exporting countries should use the fuel to prop up the global economic recovery after the coronavirus pandemic is over.
Iran and Qatar have enjoyed good, stable and predictable relations over the past years. According to an opinion piece published by IRNA News Agency, the Iranian president’s visit to Doha, a decade after the last such visit, shows great efforts aimed at expanding relations. Ebrahim Raisi has a mission to strengthen bilateral relations with Qatar and Tehran’s role in the Gas Exporting Countries Forum.
President Ebrahim Raisi says Iranian expatriates are assets of the Islamic Republic in other countries, inviting them to engage in economic projects in Iran.
During the examination of the details of the revenue section of the 1401 budget bill, the Iranian lawmakers approved paragraph b of note 1 that determines the ceiling of resources derived from oil revenues
Oil prices calmed down after fluctuating initially on Monday, as investors eyed contrasting scenarios of tighter Russian energy supplies due to the Ukraine crisis and more crude coming to the market on a possible nuclear deal between Iran and world powers.
Japan’s ambassador to Iran says investment in the solar energy, petrochemical and iron industries in the southern Iranian province of Hormozgan is “very attractive” for Japanese companies.
Iranian Foreign Minister Hossein Amir Abdollahian has told his Norwegian counterpart Ms. Anniken Huitfeldt that Tehran is ready to expand ties with Oslo in several areas, especially oil and gas.
