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’s Centrifuges Can Improve Oil and Gas Industries in the Region
The spokesman for the Atomic Energy Organization of Iran (AEOI) Behrouz Kamalvandi said: “Iran’s centrifuge machines can help in the development of the region’s oil and gas industries at a reasonable price.”
Banking Channels to Allow CBI Access to $6bn of Oil Cash in India
Iranian Minister of Petroleum Bijan Zangeneh said Iran and India are discussing setting up banking channels which will allow the Central Bank of Iran to access $6bn of India's oil debts to Iran.
Iran to finalize initial contract with Fiat
Iran-Italy Joint Chamber of Commerce's Chairman expressed hope that Iran's initial contract with Fiat will get finalized with the normalization of the monetary and banking relations.
Italian Premier due in Iran Tuesday
Italian Prime Minister Matteo Renzi will visit Iran on Tuesday and will be accompanied by 120 leading economists and company representatives.
India to Consolidate Ties with Iranian Private Sector
After negotiation with their Iranian counterparts, the Indian Oil & Gas Minister, accompanied by representatives of 25 Indian companies, came to Tehran Chamber of Commerce, Industries, Mines & Agriculture (TCCIMA), and talked with leaders from Iran's private sector.
Envoy: Iran, Kazakhstan to Finalize 35 Cooperation Deals
Iran’s Ambassador to Astana Mojtaba Damirchilou said Iran and Kazakhstan are set to finalize cooperation agreements in different fields during the official visit to Tehran by President Nursultan Nazarbayev.
UK ready to help development of Iran airport, aviation industry: Goodwill
UK is ready to help development of Iran airport and aviation industry, British Minister of State at the Department of Transport Robert Goodwill said on Sunday.
Iran Mulls Joining Indian Refinery Projects to Guarantee Oil Sale
Iranian Minister of Petroleum Bijan Zangeneh says Tehran is interested to joint refinery projects in India in a bid to ensure sale of its crude oil in the Indian market.
IME trading grows by 124%
415,000 MT of commodities worth over $157 million were traded in Iran Mercantile Exchange (IME) early April, the value and volume of trading experienced a growth of 99% and 124% respectively.
Iran-Iraq gas pipeline ready for use: Official
The pipeline set up to take Iran's natural gas to the neighboring country Iraq is ready for operation, says managing director of the Iranian Gas Transmission Company.
IKCO, Peugeot to launch joint venture soon
Deputy industry minister said Iran Khodro Industrial Group and Peugeot Car Company will officially launch joint cooperation in late April.
Iran, Turkey Ink Three Economic Deals
High-ranking officials from Iran and Turkey signed three trade and banking agreements as part of efforts to boost economic relations between the two neighboring countries.
Iran: Riyadh Cannot Impose Embargo on Tankers Buying Iranian Crude
Iranian Oil Minister Bijan Zangeneh said that Saudi Arabia is not in a position to impose an embargo on oil tankers buying Iranian crude oil.
Chabahar best choice for transit of goods to Afghanistan
An Afghan official said here on Sunday that the port of Chabahar in this southeastern province is the best route for export of Iranian goods to Afghanistan.
Iran-UK Business Conference to be Held in London
Aiming to confer with large foreign banks, an Iranian delegation headed by the Minister of Industry, Mines & Trade is going to take part in an Iran-UK business conference entitled " A New Outlook on Trade & Investment between Iran and Britain", which will be held in London next week.
Iran, India sign oil, energy agreement
Iran and India have signed an agreement to boost oil and energy cooperation.
Iran to Produce Rare Earth Elements: Nuclear Chief
Head of the Atomic Energy Organization of Iran Ali Akbar Salehi unveiled plans for the extraction of rare earth elements in the country as by-products of uranium mining process.
Iran Ready to Raise Oil Exports to India
Iranian Minister of Petroleum Bijan Zangeneh said Iran is prepared to increase its oil exports to Indian refineries with support from the Indian government after removal of sanctions on Iran.
Tehran, Ankara review ways to widen bilateral ties
Iranian and Turkish officials in a meeting reviewed ways to share experiences in various economic issues and widen relations in tourism, cultural and investment areas.
Iran to Host 65 International Exhibitions
Iran plans to host 65 international exhibitions and 7 local ones in the current Iranian calendar year, which started on March 21, 2016.
Iran, Iraq to seal gas oil deal
The contract for exporting two million tons of gas oil to Iraq will soon be inked to turn the neighboring country into largest buyer of the Iranian oil product.
Export of Caviar to the US and Canada to be Resumed
Iran is to resume export of caviar to America and Canada this year and search for new customers.
Iran set to seal petchem deal with Total
Iran says it expects to finalize talks with the French energy giant Total over the development of a major petrochemical project in the near future.
Minister: Iran hopeful about WTO membership
Iran is optimistic about its membership in the World Trade Organization (WTO), Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh said in this southern province.
Bandar Abbas Petrol Project Near Complete
Iran will add 3 million liters of gasoline to its daily production once a new gasoline project comes on-stream at Bandar Abbas Refinery in a few months.