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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, Iraq Reach Agreement on Dredging Arvand Rud

Iran and Iraq have signed the proceedings of a meeting held on Sunday to dredge the border river of Arvand Rud.

How Used Tesla’s Could Skyrocket in Value to over $250,000

One of the biggest thrills of buying a new car is to know no one else has ever driven it and of course that new car smell. On the flip side, one of the biggest drawbacks is watching your vehicle's value plummet 5% to 10% each year.

World’s Largest Copper Tray Built in Iran’s Zanjan

A senior Iranian official says the world's largest copper tray has been built in Iran’s Zanjan province upon the order of the Emir of one of the Persian Gulf states.

Iran’s Reliance on Oil Revenues Down to 30 Percent: VP

Iran’s first vice president says the country’s reliance on oil revenues has reduced significantly due to the hard efforts made over the recent years.
Saudi Pipeline’s Operation Stopped after Yemen Drone Attacks

Saudi Pipeline’s Operation Stopped after Yemen Drone Attacks

Saudi Arabia says it has halted oil pumping on its major east-west pipeline following drone attacks claimed by Yemen’s Ansarullah movement.

Vital Saudi Oil Facilities Targeted by Yemeni Drones

Seven drones run by Yemeni armed forces have reportedly carried out attacks against vital Saudi facilities in response to the Riyadh regime’s ongoing acts of aggression against Yemeni people.

Iran FM Calls UAE Vessel Explosions ‘Suspicious’

Iran's foreign minister has described the recent vessel explosions near the Emirati port city of Fujairah as ‘suspicious’, saying such moves in the Middle East are aimed at provoking tension in the region.

Iran Denies Claim It’d Stay in JCPOA If Oil Exports Guaranteed

Iran's Foreign Ministry spokesman has rejected a report by Reuters regarding the country's condition for staying in the Iran nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA).

‘US Renews Sanctions Waivers for Iran’s Chabahar Port’

The US Principal Deputy Assistant Secretary of State for South and Central Asia Alice Wells says Washington has agreed with the request of Kabul to exempt Iran’s Chabahar port from the US sanctions, considering the significance of the strategic port city for the development of Afghanistan.

UAE Confirms Vessels Hit Near Fujairah Port

The United Arab Emirates’ Foreign Ministry has confirmed that a number of vessels have been targeted by “sabotage operations” near the territorial waters of the Emirati port of Fujairah.

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