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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 Reopens Mosques, Lifts Restrictions on Shopping Malls

IFP Editorial Staff -
Iran’s President Hassan Rouhani has announced new policies to ease restrictions which were in place since the outbreak of the coronavirus.
IFP Exclusive

Halt to Tehran-Seoul Trade Ties ‘Temporary’, Analyst Says

IFP Editorial Staff -
A senior economic analyst believes the current disruption to bilateral trade between Iran and South Korea is temporary, and there is reason to be optimistic about future economic ties. 
IFP Exclusive

Iran Unveils Four Mega Projects to Boost Digital Economy

IFP Editorial Staff -
Iran’s president has unveiled four new infrastructural projects, launched by the information and communications technology ministry, to boost the country’s digital economy.
IFP Exclusive

Fourth Iranian Tanker Sails into Venezuela Waters

IFP Editorial Staff -
The fourth Iranian tanker, named Faxon, has entered the Venezuelan waters to deliver much-needed gasoline to the fuel-starved country.
IFP Exclusive

Iran in Photos: Rice Transplantation in Mazandaran

IFP Editorial Staff -
Each year when spring rolls around, rice farmers in Mazandaran province, northern Iran, start preparing the paddy fields for transplantation.
IFP Exclusive

Villagers in Southern Iran to Get Potable Water after Years of Protest

IFP Editorial Staff -
Villagers in the southern Iranian province of Khuzestan province will finally be supplied with drinking water after years of protest, which turned violent in recent days.
IFP Exclusive

Iran Denies Receiving Tonnes of Gold from Venezuela in Exchange for Gasoline

IFP Editorial Staff -
As Iran’s third oil tanker sails into the Venezuelan waters to deliver its much-needed gasoline cargo, the Iranian envoy to the South American country dismisses the claims that Tehran has received nine tonnes of gold from Caracas in exchange for the fuel.
IFP Exclusive

Iran Calls for Closer Business Ties with Georgia

IFP Editorial Staff -
Iranian First Vice President Es'haq Jahangiri has offered congratulations to Georgia on its national day, calling for expansion of business ties between Tehran and Tbilisi.
IFP Exclusive

Venezuelan Armed Forces Escort Second Iranian Tanker

IFP Editorial Staff -
After escorting the first Iranian tanker Fortune, the Venezuelan army has released footage of escorting the second vessel, named Forest, carrying gasoline to the fuel-starved country.
IFP Exclusive

Second Iranian Oil Tanker Enters Venezuelan Waters

IFP Editorial Staff -
The second Iranian oil tanker, named Forest, has entered the Venezuelan waters to deliver its much-needer gasoline cargo.
IFP Exclusive

Iran’s First Tanker in Venezuela to Deliver Much-Needed Gasoline

IFP Editorial Staff -
The first of five tankers carrying Iranian gasoline to Venezuela has arrived in the Latin American country despite the US threats.
IFP Exclusive

Iran, Turkey Move to Reopen Land, Air Borders

IFP Editorial Staff -
The presidents of Iran and Turkey have discussed plans to reopen the land and air borders between the two neighbours and restart trade exchanges in compliance with the health protocols.
IFP Exclusive

Iran Announces Protocol on Granting 5-Year Residence Permits to Foreign Nationals

IFP Editorial Staff -
Directives on issuing residence permits to foreign nationals making investment in Iran have been announced.
IFP Exclusive

Virus of US Sanctions Failed to Halt Iran’s Development: Rouhani

IFP Editorial Staff -
Iranian President Hassan Rouhani says the country’s success in tackling the coronavirus epidemic and dealing with the “virus of US sanctions” shows that Americans will never be able to bring the Iranian nation to its knees and will have to remain in despair over their wrong approaches.
IFP Exclusive

Iran to Resume Trade with Arab States in Compliance with Health Protocols

IFP Editorial Staff -
Iran says it has agreed with five Arab nations to resume business relations while adhering to health protocols and enforcing them at the borders.
IFP Exclusive

Iran Proposes Barter Trade with Kazakhstan

IFP Editorial Staff -
President of the Islamic Republic of Iran Hassan Rouhani has proposed the idea of operating a barter system for bilateral trade with Kazakhstan.
IFP Exclusive

Iran Warns US against Disruption of Legal Trade

IFP Editorial Staff -
Iran’s Foreign Minister has warned the United States against any disruption of legal trade, saying that Washington is not allowed to interfere with the Iranian tankers en route to Venezuela.
IFP Exclusive

‘Sultan of Cars’, His Wife Sentenced to Death in Iran

IFP Editorial Staff -
Iran has given death penalties to a man and his wife who had hoarded more than 6,700 automobiles and disrupted the car market and are also convicted of money-laundering involving a sum of 32 trillion rials.
IFP Exclusive

Vice President Urges Development of Digital Economy in Iran

IFP Editorial Staff -
Iranian First Vice President Es’haq Jahangiri has called for plans to develop the infrastructures for digital economy in the country, highlighting the role that the Ministry of Information and Communications Technology plays in working towards that goal.
IFP Exclusive

Iran Warns US against Interference with Its Fuel Transfer to Venezuela

IFP Editorial Staff -
Iran has warned the United States against any interference with the transfer of fuel by Iranian tankers to Venezuela.
IFP Exclusive

Iran’s Trade with Venezuela Has Nothing to Do with Anyone Else: Spokesman

IFP Editorial Staff -
Iran's government spokesman Ali Rabiei says the country's trade ties with Venezuela have nothing to do with any other country.
IFP Exclusive

Iran Devises Homegrown Ultrasonic Power Supply Used to Produce Protective Masks

IFP Editorial Staff -
Scientists at Iranian knowledge-based companies have devised an ultrasonic power supply device used in the production of protective face masks.
IFP Exclusive

Iran Unveils Advanced Protective Suit for Medical Staff

IFP Editorial Staff -
Iran has unveiled what it calls its “most advanced” protective suit for the medical personnel fighting against the novel coronavirus.
IFP Exclusive

‘US Sends 4 Warships to Caribbean for Possible Encounter with Iran Tankers’

IFP Editorial Staff -
The US Navy has sent its P8-Poseidon patrol aircraft from the VP-26 Tridents as well as four warships to the Caribbean region for possible encounter with a group of Iranian super-tankers moving fuel to Venezuela, a report says.
IFP Exclusive

Iran President Gives Orders to Support Businesses, Regulate Auto Market

IFP Editorial Staff -
The Iranian president has instructed the caretaker of the Ministry of Industry, Mine and Trade to adopt the necessary measures to manage the market and support businesses amid COVID-19 pandemic.
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