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.
Iran Task Force to Follow Up on Frozen Assets: Araqchi
A working group in Iran is preparing a suit to look into the United States’ seizure of Iranian assets, a top Foreign Ministry official said on Sunday May 24.
11th International Energy Conference Starts in Tehran
Tehran hosts the 11th International Energy Conference, one of the largest gatherings of managers and experts in the energy sector.
London Branch of Melli Bank Reopens
Melli Bank London, Plc. has obtained an operating licence from UK banking regulators, and is ready to provide services in the European Union, said its CEO, Ghulam Hossein Asgharzadeh Zaferani, on Saturday May 28.
Too Soon to See JCPOA Results in National Economy
Seyyed Abbas Araghchi, the Deputy-FM for International and Legal Affairs and a senior nuclear negotiator, has said that four months is too short for an accurate evaluation of JCPOA implementation effect on national economy.
Iran to Boost Annual Non-Oil Exports to $50bn: Trade Minister
Iranian Minister of Industry, Mines, and Trade Mohammad Reza Nematzadeh said the country plans to increase its annual non-oil exports to $50bn by the end of the current Iranian year (March 20, 2017).
Iran Starts Construction of 9th Cross-Country Gas Pipeline
Iran kicked off construction of its 9th cross-country gas pipeline, a senior official affiliated to the National Iranian Gas Company (NIGC) said.
Zarif Heads to Warsaw
Iran’s Foreign Minister left Tehran for the Polish capital on Sunday May 29 to officially start his EU tour.
Iran Welcomes China, Pakistan Joining Chabahar Project: Envoy
The Iranian ambassador to Pakistan said Islamabad and Beijing are welcome to join New Delhi and Kabul in developing the strategic port of Chabahar in southeastern Iran.
VP Orders Enhancement of Ties with Indian Ocean Littoral States
First Vice President Eshaq Jahangiri ordered administrative agencies to enhance ties with Indian Ocean littoral states on Saturday May 28.
SAIPA Signs $1bn Finance Deal with South Koran Company
Hassan Baghaei, the Deputy Commercial Manager of SAIPA auto-making group, said on Saturday May 28 that the group has inked a $1bn finance deal with South Korean company SK Networks.
Iranian, Chinese Firms Sign MoU on Agricultural Cooperation
A major Chinese agricultural firm has penned a memorandum of understanding (MoU) with a leading Iranian engineering company in a bid to boost cooperation between the two countries in the field of agriculture, a report said.
Ukrainian FM Due in Tehran for Strengthening Ties
Pavlo Klimkin, the Foreign Minister of Ukraine, will arrive in Tehran on Sunday May 29 for a two-day visit packed with various meetings with Iranian officials related to boosting bilateral relations and discussing regional issues.
Zarif Calls for ‘Tangible’ European Steps to Facilitate Banking Transactions
Iranian Foreign Minister Mohammad Javad Zarif called on the European parties to the July 2015 nuclear deal between Tehran and world powers to seriously address problems hindering foreign banks from trying to work with Iran.
Mercedes Benz Showcase in Tehran
On the anniversary of the establishment of the Benz Museum, a huge number of classic and brand new Mercedes Benz cars gathered for a...
Iran and Japan to Cooperate on Energy Efficiency
Iran’s Institute for International Energy Studies (IIES) and the Japan Cooperation Centre for the Middle East (JCCME) have agreed to cooperate on studying energy efficiency in Iran.
Pakistan Wants More Border Crossings with Iran
Pakistan commerce minister says establishment of more border crossings between Iran and Pakistan would help in boosting bilateral trade.
Iran and UK Sign Railway Transport MoU
Iran and Britain have signed a Memorandum of Understanding (MoU) in the field of rail transportation.
Indonesian Minister Due in Iran for Oil Deal
Iranian Minister of Petroleum Bijan Zangeneh will meet his Indonesian counterpart in Tehran on Monday to discuss fresh energy cooperation, Shana news agency says.
Iran Strikes Major Petchem Deal with ADKL
Germany's Abels Decker Kuhfuß Lenzen (ADKL) won a €2bn contract for developing a major petrochemical project in Iran's southwestern city of Masjed Soleyman.
Speaker Larijani: One Third of Previous Parliament’s Decisions Focused on Economy
Parliament Speaker Ali Larijani said that in the past four years, the body especially focused on the economy, allocating almost one third of its decisions to economic issues.
Iran Exports First Consignment of Gas Oil to Iraq’s Kurdistan
Iran has exported the first consignment of its gas oil to Iraq’s Kurdistan, a local official said.
Iran Climbs World Nanotech Ranking to 6th, Exceeding Japan
Saeid Sarkar announced that the country’s scientific ranking has improved this year to 6th, overtaking Japan, and now places Iran behind China, the US, India, S Korea and Germany.
Germans in Search of Business Opportunities in Iran
In a meeting between the chairman of the Tehran Chamber of Commerce and the Minister of Energy and Economy of Nordrhein-Westfalen state, there was a focus on expanding bilateral ties and easing banking relations in order to develop trade and investment between Iran and Germany.
Iran Increases Gas Output by 23bn Cubic Metres: Deputy Oil Minister
Iranian Deputy Oil Minister Hamidreza Araqi announced a considerable rise in the country's gas production output on Wednesday May 25.
Dutch Company to Assist Iranian Oil Terminal Renovation
The head of the Iran Oil Terminals Company (IOTC) has said that the company will cooperate with a Dutch oil company to refurbish its oil terminals and facilities.
