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.
Israeli attacks overnight on Tehran’s Mehrabad Airport targeted a hangar housing Iranian fighter jets without damaging runways or the main building, state-run news agency IRNA has reported.
Hossein Selahvarzi, former head of Iran’s Chamber of Commerce, has issued a strong warning against a proposed bill to establish a “National Migration Organization,” claiming it would worsen Iran’s economic, social, and security challenges.
The Iranian government has officially nominated Seyed Ali Madanizadeh as the new minister of economic affairs and finance, parliament's presidium spokesperson Abbas Goudarzi announced on Sunday.
Iran commemorated the 117th anniversary of the country’s first oil discovery in a ceremony held Monday, with Deputy Oil Minister Hamid Bourd stressing the pivotal role of exploration in the energy sector.
Despite ranking fifth globally in natural and mineral resource reserves, Iran has only identified 2% of its mineral potential, according to Dariush Esmaeili, head of the Geological Survey and Mineral Exploration of Iran.
Iran’s first air taxi service began operations on Saturday, coinciding with the anniversary of Khorramshahr’s liberation during the Iraqi imposed war if 1980's.
The head of Hormozgan Province's judiciary has revealed the discovery of more than 21.5 million liters of smuggled fuel stored in the southern Iranian port of Kolahi, equating the volume to the daily output of a refinery.
A Saudi aviation official has announced that additional Saudi airlines will soon begin flights to Tehran’s Imam Khomeini International Airport after the first Saudi flight landed in the Iranian capital following diplomatic rapprochement between Tehran and Riyadh.
Iran’s Oil Minister Mohsen Paknejad announced that starting in June, a major oil or petrochemical project will be inaugurated each month in Iran until the end of the year.
Iran’s oil exports reached a 10-year record in the calendar year to late March, according to figures released by the country’s central bank, despite draconian US sanctions.
An Iranian parliamentarian has sharply criticized recent remarks made by a member of Russia’s State Duma regarding the nitrate levels in Iranian-exported watermelons, labeling the move as a “deliberate smear campaign” aimed at promoting Russian watermelons, particularly those from Dagestan.
Iran’s Central Bank has announced that 11 Russian banks are now supporting transactions made with Iranian bank cards in Russia, marking a significant development in financial cooperation between the two countries.
Iran’s Oil Minister, Mohsen Paknejad, issued the order to restart exploratory drilling operations in the shallow waters of the Caspian Sea, in Northern Iran, with the North Drilling Company’s rig being deployed at a depth of 70 meters.
Iran’s Oil Minister Mohsen Paknejad has announced a series of reforms aimed at facilitating private sector involvement and accelerating investment in the country’s oil and gas industry, as part of the administration’s broader energy development strategy.
Iran’s Ministry of Agriculture has strongly dismissed recent remarks by a member of Russia’s State Duma questioning the safety of Iranian watermelons, citing rigorous scientific testing and international standards compliance.
Direct flights between Iran and Saudi Arabia have officially resumed, marking a significant development in bilateral aviation ties after nearly a decade.
Iran's economy has entered uncharted territory as official data confirms the country is experiencing its longest continuous period of high inflation, with prices rising over 30% annually for seven consecutive years, Donya-ye Eghtesad economic paper reported on Saturday.
Farmers in Iran’s southern Khuzestan province have started harvesting wheat across 754,000 hectares of farmland, according to the provincial Agricultural Jihad Organization.
Iranian President Masoud Pezeshkian has stated that Tehran welcomes foreign investors and international traders to participate in economic activities and investment opportunities in the country.
Iran’s Minister of Petroleum, Mohsen Paknejad, announced the signing of four major contracts with Russian companies for the development of seven Iranian oilfields.
