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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.

Iran, South Korea Reach Deal on Transfer of Iranian Assets

Iran, South Korea Reach Deal on Transfer of Iranian Assets

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati and the South Korean ambassador to Tehran have reached a deal on how to transfer and use part of the Iranian assets in South Korean banks.

Iran to Launch Direct Shipping Routes to South Africa, Latin America

An Iranian official says the country will launch a direct shipping route to South Africa and then on to Latin America.
Iran Boosting Exports to Kuwait as COVID-19 Restrictions Eased

Iran’s Economy Thriving despite Sanctions: Vice-President

Iran’s first vice president says the country’s economy is up and running, and the production and procurement of commodities are well underway thanks to efforts by importers and exporters.

Iran, Qatar Discuss Closer Transport Cooperation in Tehran

Iranian Minister of Roads and Transportation Mohammad Eslami has sat down with Qatar’s Minister of Transport and Communications Jassim Saif Ahmed Al Sulaiti in Tehran.

Iran President Calls for Stricter Border Controls to Tackle New COVID-19 Strain

The Iranian president has called for tighter measures on the country’s border entry points to stem the spread of coronavirus, especially the new strains of the virus.

Iran’s Trade with Neighbouring Countries to Rise Two-Fold: VP

The Iranian first vice president says the country’s trade exchanges with neighbouring countries is set to increase by 100 percent in the coming years.

Iran Opens 142,000 Projects Creating 263,000 Jobs for Nomads, Villagers

Iranian President Hassan Rouhani inaugurated 142,000 employment plans for nomads and villagers with a price tag of 17 trillion tomans.

Iran Inaugurates over 950 Hectares of Greenhouses in One Day

Iran has inaugurated more than 950 hectares of greenhouses in one day, equal to an eighth of the total land dedicated to greenhouses in the country so far.

Iran’s Non-Oil Exports Rising: Minister

The Iranian minister of industry, mines and trade says the country’s non-petroleum exports are increasing compared to several months ago.

Iran Planning to Replace POS Terminals with Smartphone Payment System

The Central Bank of Iran (CBI) will soon unveil a project whereby customers will use their mobile phones for shopping at stores instead of making payments via POS machines.