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, India FMs Discuss Bilateral Ties in Tehran

IFP Editorial Staff -
Iran's Foreign Minister Mohammad Javad Zarif and his Indian counterpart Sushma Swaraj have discussed issues of mutual interest in a meeting in Tehran.
IFP Exclusive

Iran, Pakistan Discuss Banking, Energy Ties

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif and his Pakistani counterpart Khawaja Muhammad Asif have discussed issues of mutual interest in the Azerbaijani capital of Baku.
IFP Exclusive

Iran Denies Reports It Refused to Issue Flight Permit for Bulgarian Plane

IFP Editorial Staff -
Iran has dismissed media reports that it refused to issue a permit for a plane carrying the Bulgarian Prime Minister to pass through the Islamic Republic’s airspace.
IFP Exclusive

Iran’s Parliament Supports Boosting Economic Ties with Italy

IFP Editorial Staff -
An Iranian lawmaker says Parliament's support for private sector activities in the domestic and international arena can be a significant point for the development of Iran-Italy relations.
IFP Exclusive

Iran Determined to Fight Cell Phone Smuggling: Minister

IFP Editorial Staff -
Iran's Minister of Communications and Information Technology Mohammad Javad Azari Jahromi says his ministry is determined to fight cell phone smuggling in the country.
IFP Exclusive

OPEC to Renew Oil Freeze Pact: Iranian MP

IFP Editorial Staff -
An Iranian lawmaker says the member states of Organization of Petroleum Exporting Countries have decided to renew a deal to freeze their oil output with the aim of keeping their production at the current level.
IFP Exclusive

France’s Exports to Iran at Five-Year High

IFP Editorial Staff -
A new report indicates the volume of France’s exports to Iran in the first nine months of this year has set a new record over the past five years.
IFP Exclusive

Business Ties with Tehran Very Important to Yerevan: PM

IFP Editorial Staff -
Armenia's Prime Minister Karen Karapetyan says his country attaches special importance to its relations with Iran and is keen to promote mutual economic ties with the Islamic Republic.
IFP Exclusive

International Auto Show Underway in Tehran

IFP Editorial Staff -
The second edition of Tehran Auto Show, an international exhibition of car and its related industries, is underway in the Iranian capital.
IFP Exclusive

Foreign Investment in Iran Up %60 after Nuclear Deal

IFP Editorial Staff -
An Iranian official says foreign investment in the country has grown by 60% after the conclusion of the nuclear deal between Tehran and the six world powers
Economy

“Iran’s Market Should Not Be Possessed by France”

IFP Editorial Staff -
A conservative news website says Iran should not allow France to possess the Islamic Republic’s market and send in goods which are already produced by Iran.
Media Wire

Iran, Turkey, Qatar Sign Trilateral Trade Deal in Tehran

IFP Media Wire -
Iran, Turkey and Qatar have signed a trilateral agreement aimed at boosting trade with Doha amid a Saudi-led blockade on the Persian Gulf sheikhdom.
IFP Exclusive

Iran FM, Qatari Minister Call for Promotion of Business Ties

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif and Qatar's Economy Minister Sheikh Ahmed bin Jassim Al-Thani have discussed Tehran-Doha business relations in a meeting in Tehran.
Media Wire

Qatar Seeks to Quintuple Trade Ties with Iran: Minister

IFP Media Wire -
Iran says it had received a proposal from Qatar to increase the level of trade between the two countries by five folds.
IFP Exclusive

Iran Says Trump’s Oil Embargo Violates Nuclear Deal

IFP Editorial Staff -
A senior Iranian lawmaker says US President Donald Trump’s recent remarks about an embargo against Iran’s crude oil lack legal credibility and violate the nuclear deal between Tehran and world powers.
IFP Exclusive

Iran, Malaysia to Establish Direct Banking Ties

IFP Editorial Staff -
Iranian Minister of Information and Communications Technology, Mohammad Javad Azari Jahromi, recently visited Malaysia to hold talks on establishing direct banking communication between Iran and Malaysia.
IFP Exclusive

Iran Receives €20m Aid from EU for Safe Nuclear Energy

IFP Editorial Staff -
The European Union has provided Iran with a €20 million donation to help it develop safe nuclear energy, said the spokesperson of Atomic Energy Organization of Iran (AEOI).
IFP Exclusive

US Pressuring Iran’s Oil Customers

IFP Editorial Staff -
The US keeps pressuring the customers of Iran’s oil to prevent them from purchasing petroleum from the Islamic Republic.
IFP Exclusive

“Revival of Silk Road to Bring Iran Tremendous Benefits”

IFP Editorial Staff -
Iranian business analyst Mohammad-Sadeq Hamidian says if the new Silk Road runs through Iran, the country will enjoy numerous benefits, including higher economic growth and secured regional trade.
Media Wire

UK to Pay £400m Debt to Iran in Coming Days: Envoy

IFP Media Wire -
Iran's ambassador to Britain says an outstanding debt owed by the UK to Tehran will be transferred to the Central Bank of Iran soon, in what will mark an end to the decades-long legal dispute between the two sides.
IFP Exclusive

“Iran’s Oil Ministry Showing Tolerance towards France’s Total”

IFP Editorial Staff -
An Iranian lawmaker says the Oil Ministry is showing tolerance vis-à-vis the French oil giant Total given the firm’s indicating that it might rethink its agreement with the ministry.
IFP Exclusive

Singapore to Conduct Field Studies on Iranian Oilfield

IFP Editorial Staff -
Singapore's Berlanga have signed a Memorandum of Understanding (MoU) with the National Iranian Oil Company (NIOC) to conduct field studies on development of Iran's Dalpari Oilfield.
IFP Exclusive

EU Serious in Promotion of Agriculture Ties with Iran

IFP Editorial Staff -
The European Union's Commissioner for Agriculture and Rural Development Phil Hogan says the EU is determined to expand its ties with Iran in all fields, particularly agriculture and food products.
Media Wire

India’s First Wheat Cargo Arrives in Afghanistan via Iran

IFP Media Wire -
Afghanistan says it has received an inaugural consignment of wheat from India through a project which has opened a new trade and transit route in the region.
IFP Exclusive

UAE Bank Stops Offering Services to Iranian Tradesmen

IFP Editorial Staff -
A group of Iranian tradesmen say Emirates NBD, one of the largest banking groups in the Middle East in terms of assets, has stopped offering banking services to them.
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