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.
Head of Iran’s Strategic Council on Foreign Relations Kamal Kharrazi said the country’s Supreme National Security Council (SNSC) has set some new conditions for joining the Financial Action Task Force (FATF).
Falafel is always a tempting option for members of the middle or working class who are less likely to splurge on expensive food in restaurants and often look for frugal meals in small shops.
The 5th Karaj International Flower Exhibition, underway in Karaj for five days, has provided an opportunity for enthusiasts of plants of flowers with displaying more than 300 species.
Iran says it has been paid for selling natural gas from a field that it jointly owns with BP in the North Sea but the payments cannot be accessed due to sanctions.
Iran not only cultivates such unique crops as barberry and saffron and a copious amount of varied medicinal plants, but is also in the vanguard of rose essential oil extraction, which is worth around $18,000 per litre.
Iranian Minister of Petroleum Bijan Zanganeh says the Islamic Republic supports any potential measures aimed at restoring stability to global oil markets, implying, however, that oil prices should be set at reasonable levels.
The Anti-Money Laundering Supreme Council has issued a statement to clear the vague points about Iran’s accession to the Financial Action Task Force (FATF).
A senior Iranian lawmaker warned that an agreement between the Islamic Republic and the Financial Action Task Force (FATF), the policy-making body of the international financial system, threatens the country’s national security.
Iranian Foreign Ministry Spokesman Bahram Qassemi announced that the country’s alleged deal with Financial Action Task Force (FATF) has nothing to do with the nuclear deal between Tehran and world powers.
German media say three Iranian banks plan to open branches in Munich in the near future in what is expected to help stimulate business ties between the two countries.
An Iranian deputy foreign minister stressed the need for closer business ties between Tehran and Tokyo, saying that the two countries have decided to boost their mutual economic cooperation following the removal of anti-Tehran sanctions.
An Iranian oil official said the country is ready to help restore balance to the oil market but did not hold out much hope given that some producers are pumping crude at record levels.
Joe Sutter, the recently-deceased developer of the famous Boeing 747 airplane, had penned a letter to Iran Air officials, praising the country’s flight engineers and commending Iran’s beauty.
Iran will hold its first tender of an oil field for development under the new contract model around the end of the Iranian month of Mehr on Oct. 21, an official says.
The Iraqi government says it may consider shipping crude through Iran if talks with the local Kurdish administration on oil revenue sharing fall apart.
Central Bank of Iran (CBI) has reported that Iranian banks are planning to establish their representative offices in three European countries of Britain, Italy and Germany.
Central Bank of Iran (CBI) Chief Valiollah Seif announced plans for a comprehensive reform of the country’s financial sector, including changes in laws and regulations of the banking sector and the Central Bank.
Oil prices have jumped after unconfirmed reports say Iran, which is currently producing almost 4 million barrels per day (bpd), may join a push to freeze production at current levels.
