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

First 2017 Volvo Car to Go on Display in Iranian Fair

IFP Editorial Staff -
Following a few years of hiatus, Sweden’s Volvo Group has eventually resumed exporting its cars to Iran indirectly through its German partner Heico Sportiv.
IFP Exclusive

Iran in Talks with India, Russia on Gas Field Development

IFP Editorial Staff -
A top Iranian official says talks are underway with India and Russia’s Gazprom on the development of an Iranian gas field.
IFP Exclusive

Women Mechanics Receiving Training in Iran

IFP Editorial Staff -
A group of women are being trained in the city of Borujerd in western Iranian province of Lorestan to become auto mechanics.
IFP Exclusive

Iran Joins Club of Stone Paper Producers

IFP Editorial Staff -
An Iranian production unit has managed to make paper from stone using indigenous technology, making Iran one of the few countries in the world to have the knowhow.
IFP Exclusive

Iran Parliament Vows Strong Support for Handwoven Carpet Industry

IFP Editorial Staff -
A senior Iranian MP says the Parliament will do its best to help reinforce the export of Iran’s handmade carpets to global markets.
IFP Exclusive

Iran, Azerbaijan Need to Sign Free Trade Agreement

IFP Editorial Staff -
Economic estimates indicate that Iran needs to sign a free trade agreement with Azerbaijan Republic if it wants to gain an appropriate share in the Azeri market.
Media Wire

Iran Signs Biggest LC Deal with South Korea to Receive €8bn Loan

IFP Media Wire -
Iranian media on Saturday celebrated the country’s biggest credit line deal in recent years with South Korea’s Eximbank, saying it marked a new opening in attracting foreign investment.
Media Wire

Over 1,400 Planes Crossing Iran’s Sky Every Day: Official

IFP Media Wire -
Iran says at least 1,400 planes cross its skies everyday – an announcement that a top military official in Tehran says is a proof of the country’s airspace security for regional and transregional airliners.
IFP Exclusive

Iranians Welcome Campaign to Support Domestic Food Industry

IFP Editorial Staff -
Iranian people have warmly welcomed campaigns aimed at supporting the country’s domestic food industry, particularly one recently created for Iranian-made chewing gums.
IFP Exclusive

How Tuyserkan Turns into Hub of Furniture Manufacturing in Iran

IFP Editorial Staff -
Tuyserkan County in the western province of Hamadan is known as the hub of Iran’s furniture manufacturing and wood carving thanks to its large number of walnut trees and the creative and hardworking people living there.
IFP Exclusive

Iran, Germany to Expand Cooperation on Medicinal Plants

IFP Editorial Staff -
Iran’s Agriculture Ministry says Tehran and Berlin have agreed to expand their cooperation on medicinal plants.
IFP Exclusive

Iran Exporting Electricity to Eight Countries: Report

IFP Editorial Staff -
Iran is one of the energy hubs in the region, exporting electricity to eight countries including Iraq, Turkey, and Afghanistan.
IFP Exclusive

Iran Develops Versatile Mini-Tractor for Gardening

IFP Editorial Staff -
Iranian researchers has developed a versatile-mini tractor capable of being used on different types of land.
IFP Exclusive

Iran to Establish Joint Chambers of Commerce with Italy, Switzerland, Tajikistan

IFP Editorial Staff -
A top Iranian trade official has said the ground has been prepared for setting up joint chambers of commerce between Iran and three other Asian and European countries.
IFP Exclusive

Iran to Host 2nd Int’l Aluminum Exhibition in Late September

IFP Editorial Staff -
The second edition of Iran International Aluminum Expo will be held in Markazi province in central Iran in late September.
IFP Exclusive

Iranian Firm in Talks with KIA Motors for Car Parts Export

IFP Editorial Staff -
An Iranian knowledge-based company is to export its resistance welding electrodes, much in demand by auto makers, to international markets.
IFP Exclusive

Iran’s First Glass Expo to Be Held in Tehran Next Week

IFP Editorial Staff -
Scores of foreign and domestic companies are expected to take part in the first International Exhibition of Glass and Related Industries scheduled to be held in Tehran from August 23 to 26.
IFP Exclusive

Oil Extraction in Front of Customers: New Lucrative Business in Iran

IFP Editorial Staff -
Extracting vegetable oil in front of customers has turned into a booming business in recent years in Iran as it is profitable and does not need much investment.
IFP Exclusive

Tehran to Host Air Transport Exhibition

IFP Editorial Staff -
The first edition of an exhibition on the aeronautics industry, named Aero Persia, is scheduled to be held in the Iranian capital in mid-September, 2017.
IFP Exclusive

Iran’s Annual Handicrafts Exports Stand at $250m

IFP Editorial Staff -
A top Iranian official says the Islamic Republic exports $250 million worth of handicrafts each year.
IFP Exclusive

Iran Produces Sheets for Direct Reduction Pipes

IFP Editorial Staff -
An Iranian steel company has reportedly managed to roll out sheets used to produce pipes for direct reduction.
Media Wire

Ukraine Bridge for Export of Iran’s Petchem Products

IFP Media Wire -
A senior Iranian official says Ukraine can act as a conduit for expansion of Iran's petrochemical exports to other countries in the world, particularly those in Europe.
IFP Exclusive

Mongolia Raps US Bans on Iran, Russia, N. Korea

IFP Editorial Staff -
A Mongolian official has denounced the recent sanctions imposed by the United States on Iran, Russia and North Korea.
IFP Exclusive

Iran, India to Trade Goods on Mercantile Exchanges

IFP Editorial Staff -
Iran and India have clinched an agreement to trade a range of goods, tar in particular, on the mercantile exchanges of both countries.
IFP Exclusive

First Lemon Festival Held in Southern Iran

IFP Editorial Staff -
Rudan County in the southern Iranian province of Hormuzgan has hosted the country’s first lemon festival on Friday.
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