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 says its oil exports have already reached around 2.2 million barrels per day (bpd) in what could highlight a major progress in the country’s post-sanctions oil industry performance.
Iran's Minister of Economic Affairs and Finance Ali Tayyebnia sent a letter to Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei, pledging a hard push to carry out plans on ‘Resistance Economy’ in the New Persian Year.
The media in Turkey have reported that two Iranian lenders are planning to do business in the Turkish market – a move which is being praised for its potential positive effect on the country’s investment rating by international institutions.
Reports say Iran’s oil exports reached the highest level in 22 months in January almost immediately after the multiple year sanctions against the country were lifted.
Since removal of anti-Iran sanctions in January, the Iranian government's financial policies have been aimed at cotrolling three major variables of macroeconomy, deputy governor of the Central Bank of Iran (CBI) announced on Thursday.
Iran’s media reported on Thursday that four more of the country’s banks have been reconnected to SWIFT, the global provider of secure financial messaging services.
The media in Seoul have reported that Korea Gas Corporation (KOGAS) is considering a project to build a subsea pipeline to take natural gas from Iran to Oman – what would bring Tehran closer to an ambitious plan to become an exporter of liquefied natural gas (LNG).
During the past eleven months, 286,904 flights have been registered as passing through Iranian airspace, which is 41,000 more than during the same period the year before.
Iranian President Hassan Rouhani on Monday hailed the existing potentials for expansion of trade ties between Tehran and Hanoi, and declared a decision by the two sides to boost the annual bilateral trade to $2 billion in five years.
Tehran’s benchmark TEPIX index rises above the 80,000-point mark for the first time in two years, driven by continued optimism about prospects of an economic growth following the lifting of sanctions.
The foreign ministers of Iran and New Zealand on Sunday emphasized the importance of expanding bilateral relations, particularly in the economic sector.
Japan is to deliver medical devices worth 1.2 billion yen ($10.5 million) to Iran as per a grant aid agreement which is being entered into effect Saturday.
Iran calls for the facilitation of its banking transactions and trade exchanges with world countries following the January removal of sanctions against Tehran, the chief of staff of President Hassan Rouhani says.
Iran’s media said on Thursday that an agreement has been signed with Britain that would allow the country’s flag carrier airline British Airways to resume flights to Iran after a hiatus of six years.
Germany's Lufthansa aviation giant is set to establish a repair and maintenance service unit in Iran. The company is reported to have sealed a deal with Iran Air to the same effect which also envisages cooperation in several other key areas.
A huge delegation of British businessmen is planned to travel to Iran in May in a bid to explore business opportunities in the Islamic Republic following the termination of anti-Tehran sanctions.
