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.
Governor of Central Bank of Iran (CBI) Valiollah Seif, who is on an official visit to Singapore, voiced the Islamic Republic’s readiness to boost banking cooperation with the Southeast Asian country.
Iran says it will stop gasoline imports during the next Persian calendar of 1396 (starting March 21, 2017) in an announcement that could mean the country will soon stand on its own feet in producing the crucial fuel.
Iran says it is looking into the possibility of using the facilities of German financial institutions to fund its purchases of planes from aviation giants such as Airbus and Boeing.
Iran says Germany’s Deutsche Bank has started to provide financial services related to the country’s oil trade – an announcement that could show the ice in doing business with the Islamic Republic in a post-sanctions era is already thawing.
Malaysian International Trade and Industry Minister Mustapa Mohamed voiced his country’s willingness to have cooperation with the Islamic Republic of Iran in the field of halal industry.
Iran’s oil minister said completion of new development phases at the South Pars gas field will help the country to raise extraction of gas from the joint offshore field to a level equal to that of Qatar by next March.
Foreign Minister of Ivory Coast Abdullah Albert Toikeusse Mabri expressed the West African country’s willingness to develop partnership with Iran in the energy industry.
Iran will on Monday start offering an international tender for oil and gas projects in the country for the first time since the removal of anti-Tehran sanctions.
The giant French hotel operator Accor Hotels follows a special mission in Iran and plans to implement several projects around the country within the next 10 years.
A number of Iranian experts and analysts hailed the recent moves by the US to ease anti-Iran sanctions, particularly the permissions given to Airbus and Boeing for selling planes to Iran, but at the same time called on Washington to boost its efforts to fully implement the JCPOA.
A spokesman for US mobile phone company AT&T said it has signed an agreement with an Iranian mobile phone operator to provide voice calls and data services to customers in the Islamic Republic.
Iranian President Hassan Rouhani invited Malysian companies to invest in Iran’s oil, gas and petrochemical industry, unveiling plans to double the volume of economic ties between Tehran and Kuala Lumpur in the post-sanctions era.
The CEO of PSA Peugeot Citroen said the French automaker has returned to Iran’s market with the purpose of making up for lost time, when the company’s forced exit from Iran under the sanctions caused discontent among Iranians.
French media outlets reported that Iran and the French car manufacturer Renault have penned an agreement for restoring their cooperation in automotive industry.
