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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

Iran to Use Seawater to Supply Water for 17 Provinces

IFP Editorial Staff -
Iran’s Energy Minister Reza Ardakanian says feasibility studies have been launched to supply 17 provinces across the country with desalinated water from the sea.
IFP Exclusive

VP Urges Boost to Iran’s Non-Oil Exports

IFP Editorial Staff -
Iran’s First Vice President Es’haq Jahangiri has described a surge in the export of non-oil products as a top priority in the administration’s economic policy, calling on all governmental and private sectors to contribute to the promotion of non-oil exports.
IFP Exclusive

Venezuela’s Special Envoy Lauds Iran for Fuel Shipments

IFP Editorial Staff -
A special envoy of president of Venezuela has visited Tehran to express his country’s gratitude to Iran for freighting several consignments of gasoline and supporting the Latin American nation in the struggle with the US imperialism.
IFP Exclusive

Iran, Kyrgyzstan Hold Virtual Business Event

IFP Editorial Staff -
Dozens of Iranian knowledge-based companies and businesspeople from Kyrgyzstan have attended an online international event to present the technological demands and services and hold expert trade talks.
IFP Exclusive

Iran, Belarus to Hold 15th Meeting of Joint Commission

IFP Editorial Staff -
An Iranian official has unveiled plans for holding the 15th meeting of Iran-Belarus Joint Commission in the near future.
IFP Exclusive

Iran Bans Export of Masks amid Surge in COVID-19 Infections

IFP Editorial Staff -
Iran has banned the export of face masks for now given a surge in coronavirus cases and the high demand for masks nationwide.
IFP Exclusive

Iranian MPs to Question President over Economic Woes

IFP Editorial Staff -
At least 200 members of the Iranian parliament have signed a motion to question President Hassan Rouhani over his administration’s handling of economic woes and the national currency’s decline.
IFP Exclusive

Consignment of Transit Goods from Afghanistan Shipped to India via Iran

IFP Editorial Staff -
A shipment of transit goods has, for the first time, been transported to India via a port in southern Iran.
IFP Exclusive

Iran Says Not Supposed to Pay Damages to Turkmenistan for Overdue Debts

IFP Editorial Staff -
An Iranian official says the country is not supposed to pay any damages to Turkmenistan because of overdue payments for the latter’s natural gas exports to the Islamic Republic.
IFP Exclusive

Iran Making Progress in Energy Sector Despite US Bans, Pandemic: President

IFP Editorial Staff -
President Hassan Rouhani has highlighted Iran’s major advances in the water treatment and electricity industries, saying the administration takes pride in launching new projects under the pressure of the US sanctions and the outbreak of coronavirus pandemic.
IFP Exclusive

US Push for Economic Collapse of Iran Has Gone Nowhere: VP

IFP Editorial Staff -
Iranian First Vice President Es’haq Jahangiri says the US government’s attempts at economic collapse of Iran have ended in failure with the resistance shown by the great Iranian nation.
IFP Exclusive

Iran Develops 3D Printer to Produce Fibre-Reinforced Composites

IFP Editorial Staff -
Researchers at an Iranian university have designed and built the largest 3D printer to produce fibre-reinforced composites in various industries.
IFP Exclusive

US Bans Iran Captains after Failure to Bribe Them: Minister

IFP Editorial Staff -
Iran’s oil minister says the US imposed sanctions on the captains of Iranian ships delivering petrol to Venezuela after failing to bribe them.
IFP Exclusive

Iran Starts Building Major Pipeline as Safe Way for Oil Exports

IFP Editorial Staff -
The Iranian president says the national pipeline project launched on Thursday to carry oil as an alternative route for the Strait of Hormuz serves as an important message to those that have imposed sanctions on the country.
IFP Exclusive

Iran Calls for Prompt Implementation of Agreements with Pakistan

IFP Editorial Staff -
Iran’s President Hassan Rouhani has called for rapid implementation of the deals with its eastern neighbour Pakistan to enhance economic and trade relations between Tehran and Islamabad.
IFP Exclusive

Iran to Cut Dependence on Hormuz Strait for Oil Exports via 1,000-km Pipeline

IFP Editorial Staff -
The Iranian president says Iran is building a major pipeline to transferring oil from west of the Persian Gulf to its east, cutting dependence on Hormuz Strait for oil exports.
IFP Exclusive

70% of Aircraft Parts Produced Inside Iran: Minister

IFP Editorial Staff -
Iran’s defence minister says more than 70% of helicopter and airplane parts are currently produced inside the country even though Iran is not among the countries that manufacture aircraft.
IFP Exclusive

Iran Blames Int’l Psy-War for Historic Devaluation of National Currency

IFP Editorial Staff -
Iranian President Hassan Rouhani says an international psychological warfare and an unrealistic anxiety among the people are the reasons for the recent fall in the value of Iran’s national currency, rial.
IFP Coverage

How to Find a Cheap Plumber

IFP Media Wire -
As a homeowner, you depend on water for a wide range of uses. But have you ever imagined going for a week or just a few days without a water supply?
IFP Exclusive

Iran’s Bushehr Nuclear Power Plant Reconnected to National Grid

IFP Editorial Staff -
The Bushehr Nuclear Power Station in southern Iran has been reconnected to the national grid.
IFP Exclusive

Tehran Okays Final Draft Version of Sino-Iranian Cooperation Plan

IFP Editorial Staff -
The Iranian Cabinet has approved the final draft version of the Iran-China 25-year cooperation plan.
IFP Exclusive

Iran Sole Producer of Closed-Cell Aluminum Foam in Region: Report

IFP Editorial Staff -
The Iranian government says local industralists have made the country self-sufficient in production of closed-cell aluminum foam following the US sanctions.
IFP Exclusive

Iran Resumes Direct Flights to Manchester

IFP Editorial Staff -
Iran’s flag carrier Iran Air will resume its direct flights from Tehran to the UK city of Manchester as of Saturday.
IFP Exclusive

Iran Exports $17bn Worth of Goods in 12 Months through Free Economic Zones

IFP Editorial Staff -
Some $17 billion worth of commodities were exported from Iran’s free trade zones and special economic zones in the one year to March 2020.
IFP Exclusive

Iran Pushing on with Economic Plans Despite Coronavirus: Rouhani

IFP Editorial Staff -
President of the Islamic Republic of Iran Hassan Rouhani says the outbreak of coronavirus has not brought economic activities in the country to a halt, describing the inauguration of new projects as a testimony to Iran’s unfaltering progress.
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