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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.

IFP Exclusive

EU Delegation’s Visit to Iran “Just for Show”: MP

IFP Editorial Staff -
An Iranian lawmaker says the visit of a 70-member European delegation to Iran is just a show and they are seeking their political goals rather than economic ones.
Media Wire

EU Delegation in Tehran to Discuss Expansion of Business Ties

IFP Media Wire -
A 70-strong delegation of senior European officials and business leaders is in Tehran to examine capacities for further expansion of trade ties.
IFP Exclusive

EU to Study Opening Office in Tehran in Saturday Visit

IFP Editorial Staff -
A 70-strong European Union delegation comprising Europe’s senior officials and economic activists are due in Iran on Saturday, November 11. According to a Farsi report...
IFP Exclusive

Iranian Jewish MP Stresses Removal of US Dollar from Trade Deals

IFP Editorial Staff -
Siamak Moreh Sedgh, the representative of Iranian Jews at the Parliament, says the US dollar needs to be removed from Iran’s business transactions in a bid to put an end to the US monopoly.
IFP Exclusive

Iran Signs Deal with US Firm General Electric ‎

IFP Editorial Staff -
The CEO of Iran’s MAPNA Group Abbas Aliabadi says the company has signed an initial agreement with the US multinational conglomerate General Electric.
IFP Exclusive

Removing US Dollar from Int’l Transactions to Facilitate Banking Ties: Iran

IFP Editorial Staff -
An Iranian lawmaker believes that the removal of the US dollar from Iran’s international transactions could facilitate banking relations.
IFP Exclusive

Japan Increases Energy Imports from Iran by 94%

IFP Editorial Staff -
Japan used to be a major customer of Iran’s energy market but the country drastically reduced its energy imports during the years that Tehran was under international sanctions. However, with the removal of the sanctions, Japan has once again joined the main importers of Iran’s energy.
Media Wire

Iran-India-Afghanistan Cooperation Not against Pakistan: Spokesman

IFP Media Wire -
Pakistan’s Foreign Office said the country does not regard Iran, India and Afghanistan’s endeavor to use Iranian southeastern port of Chabahar for bilateral trade as an alliance against the country and the China-Pakistan Economic Corridor (CPEC).
IFP Exclusive

Iran Taking Long Steps towards Agricultural Mechanization

IFP Editorial Staff -
Head of Iran’s Agricultural Mechanization Centre says the Islamic Republic has taken long steps to mechanize its mostly traditional agriculture.
IFP Exclusive

Toyota Reminded of Its Complicity with ISIS Terrorists

IFP Editorial Staff -
After the Japanese carmaker Toyota apologized to the US government for selling a vehicle to the Iranian embassy in India, Iranian social media users are reminding the automaker of its alleged complicity with ISIS terrorists in their crimes in Iraq and Syria.
IFP Exclusive

Iran-Russia Trade Volume Grows by 70 Percent

IFP Editorial Staff -
Iranian Minister of Economy, Masoud Karbasian, says the trade volume between the Islamic Republic of Iran and Russia has witnessed a 70-percent growth over the past year.
IFP Exclusive

CAATSA Targeting Iran’s Economy, Not Just IRGC: Commander

IFP Editorial Staff -
The commander of Iran’s Islamic Revolution Guards Corps (IRGC) has strongly condemned Washington over the Countering America's Adversaries Through Sanctions Act (CAATSA).
IFP Exclusive

Iranian Firms to Expand Presence in Russia’s Astrakhan

IFP Editorial Staff -
20 hectares of land in Russia's Astrakhan Special Economic Zone has been allocated to a number of Iranian companies in a bid to expand trade ties between Iran and Russia. 
IFP Exclusive

Iran, Russia to Boost Cooperation in Developing Oil, Gas Fields

IFP Editorial Staff -
A senior Iranian oil and gas official say Russia is in talks with the Islamic Republic for development of 10 oil and gas fields in Iran.
IFP Exclusive

Iran Preparing Infrastructure for Bitcoin Adoption

IFP Editorial Staff -
Iran is preparing the infrastructure for using Bitcoin, the first worldwide crypto currency, said Iran’s Deputy Minister of Information and Communication Technology, Amir Hossein Davaee.
IFP Exclusive

Iranian Carmaker to Work with Ferrari Designer

IFP Editorial Staff -
Iran Khodro Company (IKCO), the giant Iranian auto manufacturer, plans to build cars in collaboration with the firm that designs such cars as Ferrari, Maserati, and Peugeot.
IFP Exclusive

Iran Invited to Manufacture Agricultural Machinery in Uganda

IFP Editorial Staff -
Uganda’s Foreign Minister Sam Kutesa has called on Iranian manufacturers to produce agricultural machinery in the African state and export their products from there.
IFP Exclusive

Iran Keen to Expand Business Ties with Uganda: FM

IFP Editorial Staff -
Iran's Foreign Minister Mohammad Javad Zarif says the Islamic Republic is interested in promoting its economic cooperation with Uganda in various fields.
IFP Exclusive

Iran Most Advanced Mideast Country in Renewable Energies: Forbes

IFP Editorial Staff -
A report by Forbes says European firmsare pouringtheir money into renewable energy projects in Iran, which is the most advanced country in the region in terms of renewable energy development.
Media Wire

Iran Signs €20m Deal with China on Development of Solar Panels

IFP Media Wire -
The Industrial Development and Renovation Organization of Iran and China's Znshine PV-Tech Company signed a memorandum of understanding on Sunday to set up an automated production line of photovoltaic panels in Iran.
IFP Exclusive

Iranian Aircraft’s Tyre Bursts While Landing in Mashhad

IFP Editorial Staff -
A Caspian Airlines passenger plane with 112 people on board has suffered a tyre burst while landing in Mashhad International Airport.
IFP Exclusive

Iran, South Africa Hold Business Forum in Pretoria

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif has participated in the Iran-South Africa Business Forum held in the African country's capital, Pretoria, on Monday.
IFP Exclusive

Iran to Launch First Air Taxi Service in Two Months

IFP Editorial Staff -
The first air taxi service in Iran is going to be established in the north-eastern city of Bojnourd within the coming months, an Iranian official announced.
Media Wire

Iran, Turkey Ink Deals to Boost Scientific, Environmental Ties

IFP Media Wire -
High-ranking officials from Iran and Turkey inked two agreements in a bid to boost cooperation between the two neighboring countries in diverse fields, including science and technology as well as environment.
IFP Exclusive

Iran Taking Tourists on Tours of Saffron Harvest

IFP Editorial Staff -
Iran’s South Khorasan province annually hosts numerous foreign tourists during the season when saffron and barberry are harvested.
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