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.
Preparations Being Made for Foreign Companies to Open R&D Offices in Iran
Vahid Ahmadi, a Deputy Minister of Science, Research, and Technology, announced that Iran is trying to pave the way for other countries to increase...
Iran, Bosnia agree to expand banking cooperation
Iranian Ambassador to Bosnia-Herzegovina Seyyed Hossein Rajabi and the Head of the Central Bank of Bosnia discussed expanding bilateral banking relations.
NITC to Restart Oil Transfer to Europe Soon
In Bandar Abbas, Ramin Rajaei, an official from the National Iranian Tanker Company, said that the NITC will restart oil cargoes to Europe in the near future.
Iran, India, Afghanistan Sign Deal on Int’l Transit Route
Iran, India and Afghanistan inked a trilateral agreement on establishing an international transit corridor, passing through Iran’s south-eastern port city of Chabahar.
Classic Car Show in Tehran
A gathering of classic cars was held on Saturday May 21 at Azadi Sport Complex in Tehran with more than 500 models on display.
Iran, Afghanistan, India Holding Trilateral Meeting Regarding Chabahar Port
Iranian Foreign Ministry Spokesman Hossein Jaberi Ansari said that the ongoing visits by Indian Prime Minister Narendra Modi and Afghan President Ashraf Ghani to Tehran are aimed at signing a trilateral agreement over Iran’s southern Chabahar Port.
Iran and India Sign 12 Cooperation Documents
Iranian and Indian officials inked 12 documents on cooperation in different fields on Monday May 23.
Chabahar Deal: Afghan President in Tehran
Ashraf Ghani, President of Afghanistan, has arrived in Tehran to ink a momentous trilateral MoU with Iran and India regarding Chabahar Port.
Iran and New Zealand to Boost Agricultural Ties
Iran’s Minister of Agriculture Mahmoud Hojjati has announced a plan to develop cooperation between Iran and New Zealand in the agriculture sector.
No More Barrier to Trade with Iran in Euros: Diplomat
A ranking Iranian diplomat said there are no more limits on the country’s financial transactions with foreign banks in euros, a clear sign of which was India’s recent move to clear part of its debts to Iran in euros through a Turkish bank.
India PM in Tehran to Strike Agreement on Chabahar Port Development
Indian Prime Minister Narendra Modi arrived in the Iranian capital Tehran at the head of a large delegation to boost economic and political ties with Tehran.
India Clears Part of Iran Oil Dues ahead of Modi’s Visit
According to a report carried by the Business Standard, Indian refiners cleared part of their $6.5 billion debt to Iran in euros through Turkey's...
Afghan Leader, India PM Due in Iran to Discuss Chabahar Port
Afghan President Ashraf Ghani and Indian Prime Minister Narendra Modi are going to visit Tehran to sign a trilateral memorandum of understanding (MoU) with Iran on the development of the south-eastern Iranian port city of Chabahar.
Global Banks Need Immunity from Allegations of Sanctions Breaches: CBI Chief
The governor of the Central Bank of Iran (CBI) said the global banks need “reassurances” that they will not be accused of breaching sanctions if they rekindle ties with the Islamic Republic despite a lasting nuclear deal between Tehran and world powers.
CBI Chief: Europe, US Failed to Meet Commitments on JCPOA
Central Bank of Iran (CBI) Chief Valiollah Seif censured certain Western countries, the US in particular, for failing to meet their commitments under a nuclear deal between Tehran and six world powers (also known as the JCPOA).
Indian PM to Meet with Ayatollah Khamenei in Tehran
Indian Prime Minister Narendra Modi will travel to Iran on Sunday May 22 and plans to meet the Leader of the Islamic Revolution, Ayatollah Seyyed Ali Khamenei, in the Iranian capital.
Iranian and Pakistani Cities to Restart Rail Freight Transport
Iran and Pakistan have agreed to resume rail freight transport between the provincial capitals of the two neighbours’ border regions.
Iranian Cars to Enter North African Market
The Islamic Republic of Iran and the People's Democratic Republic of Algeria have signed over a dozen memorandums of understanding (MoUs) on the production of Iranian vehicles in the North African state.
Norwegian Envoy Calls for Developing Economic Ties with Iran
In a meeting with Mohammad Khazaei, Deputy Minister and President of the Organization for Investment, Economic and Technical Assistance of Iran, the Norwegian ambassador to Iran called for developing economic cooperation and removing obstacles.
Oil CSR Conference Opens in Tehran
Iran opened the Corporate Social Responsibility Conference in the Petroleum Industry on Tuesday May 17.
Croatian President Arrives in Iran
Croatian President Kolinda Grabar-Kitarović is scheduled to pay an official visit to the Iranian capital on Tuesday May 17 for talks on the enhancement of economic cooperation between the two nations.
Any Request for Banking Guarantees in Ties with Europe Is Nonsense: Official
A senior Iranian official has dismissed a recent report that European banks had asked Iran to provide guarantees to compensate for possible future penalties imposed by the US for resuming banking activities with Iran. Text from IRNA, translated by IFP.
Javan: European Banks Demand $15bn from Iran
On Friday May 13, US Secretary of State John Kerry met with heads of 10 European banks. According to a report by Javan newspaper,...
European Banks’ Conservatism Hindering JCPOA Implementation: Iran Deputy FM
A senior Iranian official says the “conservatism” of large European banks is hindering the implementation of Iran’s nuclear agreement.
Workgroup Recommends SNSC ‘Address US Seizure of CBI Assets’
The government’s Special Workgroup on the US Seizure of Central Bank Assets has drafted a report of the developments on the US encroachments on the Central Bank assets.
