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.
Tehran and Astana signed 14 cooperation documents on Thursday during an official visit by Iranian President Masoud Pezeshkian, aiming to enhance relations across multiple sectors.
Iran has resumed commercial flights to Sharjah, the UAE, for the first time since the recent 12-day conflict in June, with the inaugural service operated by an Iranian airline departing Tehran on Monday.
Beijing has increased its purchases of Iranian oil after Chinese authorities issued new quotas allowing private refiners to import crude stored on tankers waiting offshore, according to a new report.
The Iranian foreign minister emphasized that the Islamic Republic is one of the most reliable energy suppliers for Turkey and expressed Iran’s readiness to extend the gas contract and expand cooperation in the electricity sector.
Iran’s foreign trade reached $76.54 billion in the first eight months of the current Iranian year, according to new data released by the Islamic Republic of Iran Customs Administration (IRICA). Total trade volume during the period amounted to 131.05 million tons of goods.
The Saint Mary Metro Station was inaugurated on Saturday, in the Karim Khan district of Tehran, with the presence of city officials, and its doors were opened to the public.
A new report by Reuters news agency suggests that Iran has managed to export more oil to China via Indonesia, a tactic experts believe is used to evade US sanctions aimed at restricting Iranian oil shipments.
Iranian President Masoud Pezeshkian has stated that Tehran’s active participation in BRICS, the Shanghai Cooperation Organization, and the Eurasian Economic Union is creating significant economic opportunities, including expanded regional markets for traders and investors.
Seven international flights en route to Dubai from Russia and the Czech Republic made emergency landings at Bandar Abbas International Airport on Thursday after severe low visibility forced the temporary closure of Dubai International Airport, a major regional aviation hub.
With the arrival of autumn, farmers in Iran's North Khorasan Province have begun harvesting saffron from their fields. North Khorasan ranks as the third-largest saffron producer in the country.
An informed source in London has told Iran's IRNA New Agency that the UK Court of Appeal has agreed to refer the Crescent case to the country's Supreme Court, effectively delaying the confiscation of a historic building owned by Iran’s Oil Industry Pension Fund.
The ancient Zahhak Castle in Hashtrood, East Azarbaijan Province, has been illuminated for the first time using solar power, marking a step toward eco-friendly heritage preservation in Iran.
The Central Bank of Iran (CBI) announced that all deposits and customers of Ayandeh Bank will be transferred to Bank Melli Iran starting Saturday, marking the end of Ayandeh Bank’s operations after years of financial imbalance and regulatory noncompliance.
Iranian President Masoud Pezeshkian has officially communicated a law on Tehran’s accession to the International Convention for the Suppression of the Financing of Terrorism (CFT).
Two Russian banks have agreed to accept letters of credit (LCs) issued by Iranian banks, according to Eshaq Bandani, Deputy Governor for Foreign Exchange Affairs at the Central Bank of Iran (CBI).
Iran’s Parliament Speaker Mohammad-Baqer Qalibaf has officially notified President Massoud Pezeshkian of the law approving the country’s accession to the International Convention for the Suppression of the Financing of Terrorism (CFT), in accordance with the Iranian Constitution.
After six years, the Financial Action Task Force (FATF) has formally invited Iran’s Financial Intelligence Unit chief Hadi Khani for direct negotiations aimed at normalizing Tehran’s case and potentially removing the country from the FATF blacklist, ILNA reported.
