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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.

IFP Exclusive

Oil Tankers Seized by US Had Nothing to Do with Iran: Envoy

IFP Editorial Staff -
Iran's ambassador to Venezuela has denied media reports that the US has seized Venezuela-bound oil tankers belonging to the Islamic Republic.
IFP Exclusive

Sanctions Fail to Stop Iran Making Progress: Rouhani

IFP Editorial Staff -
The Iranian president says sanctions have failed to keep Iran from moving ahead on the path to development and progress.
IFP Exclusive

Iranian Banks to Help Boost Crisis-Hit Tourism Industry

IFP Editorial Staff -
Iran’s Ministry of Tourism, Cultural Heritage, and Handicrafts has discussed closer cooperation with banks to further promote the tourism industry in the country.
IFP Exclusive

Iran, India to Sign Preferential Trade Agreement Pact

IFP Editorial Staff -
Iran and India are to hold negotiations to further enhance mutual cooperation in the trade sector.
IFP Exclusive

Iran’s Economy Growing Despite Sanctions, COVID-19 Outbreak: Rouhani

IFP Editorial Staff -
The Iranian president says the country is making progress on the economic front despite the pressure caused by sanctions and the Coronavirus pandemic.
IFP Exclusive

Syria Opens Probe into US Interception of Iran Airliner

IFP Editorial Staff -
Iran’s Civil Aviation Organization (CAO) says Syria has launched an investigation into the US warplanes’ harassment of a Beirut-bound Iranian airliner in the Syrian airspace.
IFP Exclusive

Iran Filing Lawsuit against Korean Banks for Seizing Its Assets

IFP Editorial Staff -
Iran’s Ministry of Foreign Affairs says the country is filing lawsuits against “delinquent” South Korean banks which have seized Iran’s money.
IFP Exclusive

Iran’s Exports to Eurasia Rise by 63%

IFP Editorial Staff -
Iran’s exports to Eurasia have registered a considerable growth despite the coronavirus pandemic.
IFP Exclusive

Iran’s Steel Output Up 10% in 1st Half of 2020

IFP Editorial Staff -
Iran’s steel production has registered a growth despite the coronavirus pandemic.
IFP Exclusive

Silkworm Breeding; A 600-Year-Old Career in NW Iran

IFP Editorial Staff -
Breading silkworm in order to produce silk, which is called Noqan-dari in Iran, has a long history in the country's north-western region.
IFP Exclusive

US Harassment of Mahan Air Flight ‘Act of Terrorism’: Iran

IFP Editorial Staff -
Iran’s Minister of Roads and Urban Development Mohammad Eslami says the recent dangerous and aggressive maneuvering by two US warplanes close to an Iranian airliner over Syria was an “act of terror”.
IFP Exclusive

US State Terrorism Continues in Air, on Ground, at Sea: Iran

IFP Editorial Staff -
Iranian Minister of Culture Seyyed Abbas Salehi has described the US jet fighters’ interception of an Iranian passenger plane over the Syrian airspace as the latest instance of Washington’s “state-sponsored terrorism”.
IFP Exclusive

Iran Calls Harassment of Its Civilian Plane ‘Violation of Int’l Law’

IFP Editorial Staff -
Iranian Vice-President for Legal Affairs Laya Joneidi says the US jet fighters’ harassment of an Iranian passenger plane over the Syrian airspace was a violation of the international law, and can be legally pursued at international tribunals.
IFP Coverage

Importance of Facebook Live for Business

IFP Media Wire -
Facebook is a name that is ubiquitous in our modern society, and the organisation has reached the milestone of having the maximum number of active users amongst all social networking platforms. 
IFP Exclusive

Bahrakan; The Biggest Fishing Port of Iran

IFP Editorial Staff -
Located in Hendijan, southern Iran, Bahrakan is known as the largest fishing port in the country.
IFP Exclusive

Iran, Iraq Agree on Two Electricity Contracts

IFP Editorial Staff -
Iran and Iraq have finalized two agreements on cooperation in the electricity industry during the Iraqi prime minister’s visit to Tehran.
IFP Exclusive

Tehran Ready for Comprehensive Trade Cooperation with Baghdad: VP

IFP Editorial Staff -
Iranian First Vice-President Es’haq Jahangiri has expressed Tehran’s readiness to sign a comprehensive agreement on economic cooperation with Iraq, describing the deal as a major step in meeting the target for the promotion of bilateral trade.
IFP Exclusive

Extension of 20-Year Deal with Russia on Iran’s Agenda: Zarif

IFP Editorial Staff -
Foreign Minister of Iran Mohammad Javad Zarif has confirmed that Tehran is willing to extend a 20-year cooperation agreement with Russia as the deal is going to expire next March.
IFP Exclusive

Non-Oil Exports, Trade with Neighbours Iran’s Top Priorities: President

IFP Editorial Staff -
President of Iran Hassan Rouhani says the main economic priorities set by his administration are to boost the export of non-oil products and promote trade ties with the neighbouring countries.
IFP Exclusive

Foreign Airlines Resuming Flights to Iran Proves Its Airspace Safe: Official

IFP Editorial Staff -
An official at Iran Civil Aviation Organization says the international airlines’ decision to resume and increase their Iran-bound flights in defiance of a recent warning from the European Union Aviation Safety Agency (EASA) about flying above Iran is a clear sign of the Iranian airspace safety.
IFP Exclusive

Iran to Turn Jask Port into Oil Exports Hub: President

IFP Editorial Staff -
The Islamic Republic of Iran is to turn its Jask port in the south of the country into a major hub of oil exports.
IFP Exclusive

150 Iranian Companies Exporting Medicinal Herbs

IFP Editorial Staff -
Iranian companies producing medicinal herbs are exporting their products as they tap into the existing potential to further expand the industry.
IFP Exclusive

Iran, Malaysia Discuss Finalization of Preferential Trade Deal

IFP Editorial Staff -
The Foreign Ministers of Iran and Malaysia have discussed a whole range of issues, including bilateral, regional and international questions as well as issues facing the Muslim world.
IFP Exclusive

China Only Country Officially Buying Oil from Iran: Deputy FM

IFP Editorial Staff -
An Iranian official says China is the only country which officially buys oil from the Islamic Republic of Iran despite the US sanctions.
IFP Exclusive

Iran’s Non-Oil Exports Could Reach $41bn This Year: President

IFP Editorial Staff -
The Iranian president says the country’s non-petroleum exports could touch $41 billion, which would be a surplus to domestic needs.
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