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.
In a meeting in Tehran, Speaker of Iran’s Parliament Ali Larijani and Bulgarian Prime Minister Boyko Borissov explored the avenues for promoting mutual cooperation between Tehran and Sofia.
The latest market figures show that Iran’s oil production has already hit the highest level in the past five years – what could mark a major achievement for the country only months after the removal of sanctions in January.
A meeting between officials from the Central Bank of Iran (CBI), the US Treasury and international banks in London to discuss banking restrictions on trade with Iran despite a lasting nuclear deal between Tehran and world powers has been delayed, the British government said.
After the nuclear deal between Tehran and world powers and the end of anti-Iran sanctions, Tehran started its talks with giant American and European plane-makers, Boeing and Airbus. However, the US is sabotaging the deals, and Iran seems to be turning to alternative options.
Northeastern province of Golestan is economically dependent on agriculture, and women play a key role in running the industry though in a traditional way.
Iranian Vice-President Eshaq Jahangiri underlined the significance of transfer of technology knowhow in foreign contracts, and described it as a necessity within the frameworks of Resistance Economy.
France’s Ambassador to Tehran François Sénémaud said 16 companies from his country have come to Iran to consider opportunities for investment in Iranian fishery industry.
Iranian President Hassan Rouhani expressed gratitude to the people and organizations involved in containing the fire that broke out at Bou Ali Sina petrochemical refinery complex on Wednesday, July 6.
The Iranian minister of petroleum says the country’s Bu Ali Sina Petrochemical Complex in the southwestern province of Khuzestan, which was hit by a raging fire earlier this week, will resume its operation within the next few weeks.
Iranian firefighters and helicopters tried on Thursday to extinguish a fire that broke out at Bu Ali Sina petrochemical refinery complex in southwestern port city of Mahshahr a day earlier.
Based on a report by Spanish University of Granada scientific ranking site (SCImago), Iran ranks first in aerospace in the Middle East and 11th in the world, an Iranian official noted.
The Iranian administration has worked out a proposal that, if passed by the Parliament, will usher in a major development in the country’s banking sector, President Hassan Rouhani announced.
Iran has become the fourth biggest oil supplier to Japan in May by exporting 308,000 barrels of crude oil to the East Asian country in the 30-day period.
Mohsen Qamsari, the director for international affairs of National Iranian Oil Company (NIOC), said the country has sold 2 million barrels of crude to Poland.
French Renault automobile manufacturer is to be in Iran's market with five new products, an official at Iran’s Development and Renovation Organization (IDRO) announced.
An Iranian trade official hailed the positive outcomes of a recent nuclear deal between Tehran and world powers, known as JCPOA, but at the same time criticized the West over their failure to fulfill their obligations in full.
An Iranian official dismissed the rumours of secret delivery of newly-purchased planes to the country, stressing that the deal with Airbus is in final stages and the new planes will arrive in Iran on autumn.
Iranian Energy Minister Hamid Chitchian has announced the completion of an energy infrastructure project that will send Iranian electricity to neighbouring Azerbaijan.
The Fourth Iran International Maritime Industries Exhibition (Iran-IMEX 2016) will be held in Tehran from September 24-26, concurrent with World Maritime Day.
Iran’s Oil Minister Bijan Namdar Zangeneh said the country’s new oil and investment contracts for international firms, known as Iran Petroleum Contracts (IPCs), will be launched this summer.
