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.
Foreign partners are one main hidden asset for Iran
A senior presidential advisor has said that Iran needs to count on cooperation with foreign partners if it seeks to take an accelerated step toward globalization.
IMF forecasts Iranian economy to grow
An IMF report says that growth in the Islamic Republic of Iran is projected to be 0.6 percent in 2015 and 1.3 percent in 2016.
Total says interested in Iran comeback
Iran has the world's second largest gas reserves after Russia, and we will consider returning to this country once sanctions are lifted, said the CEO of French energy giant Total
Iran, EU Banks in preliminary talks
An Iranian banking official says that once sanctions are lifted, the stage will be set to provide brokerage and international money transfer services for the imports and exports.
Tehran Stock Exchange rallies (PHOTOS)
A photo gallery that features a flurry of activity in Tehran Stock Exchange as a result efforts by the government of Prudence and Hope to put the economy back on track.
Iran’s annual foreign trade hits $102 billion
The volume of Iran's exports last year witnessed a 4.83 percent increase compared to a year earlier, and the value of exports jumped by 18.87 percent.
Tehran, Ankara sign eight cooperation documents
Rouhani and Erdogan underscored the necessity for further expansion of diplomatic and economic ties.
Iran Chamber of Commerce official expounds on pistachio production
Iranian and US pistachio output stood at the same level last year, but in the export market, Iran was in the lead, Asgaroladi said.
Iran’s crude steel production up by 8 percent
A report by the World Steel Association showed that Iran's steel production output in January-February 2015 increased by 15 percent over last year.
Rouhani: Country’s economy back on fast recovery track
President Rouhani said taking advantage of new technologies, absorbing investment and making use of experts are among top priorities of free trade zones.
Asia oil buyers set to enhance Iran imports
If sanctions are removed, there’s a big chance that demand for Iranian oil will recover in Asian nations like South Korea, China and Japan, according to analysts.
Online shopping booming in Iran
To promote public trust in online shopping, the Ministry of Trade has given an electronic trust logo to reliable websites.
Economic woes have yet to go away: President Rouhani
President Rouhani stressed that some eight million people have been offered medical insurance over the last 12 months.
Energy cooperation with China ‘strategic’: Zanganeh
Countries which cooperated with Iran under sanctions will be given priority in post-sanctions era, said the oil minister.
Iran eyes tariff increase to boost production
By buying Iranian goods, people can contribute to improving the country’s per capita income, as well as employment, said Nematzadeh.
Iran auto industry not to roll out red carpet for firms from hostile states: CEO
We do not talk with the world's top automakers from the position of a country in need, but from the position of a partner which owns technology, said Yekke Zare.
Iran says it will start exporting electricity to UAE soon
Iran will soon start exports of electricity to the United Arab Emirates through a subsea power line.
The presence of women and the youth heralds profound changes in Iran’s economy
The business atmosphere in Iran has gradually become more welcoming to women, said Fatemeh Moghimi.
Nanotechnology tapped to produce strong aluminum alloy
Production of alloys with high strength and reduction in production costs and energy consumption are some of the advantages of the new method.
Iran’s light crude price rises by $9
The government envisages different scenarios with regard to oil prices and prepares itself for any rate, said the economy minister.
Iran ranks 18th among world carmakers
A 2014 OICA report has shown that Iran’s car production increased by 46.7 percent in a year, with China topping the list.
Russia, Iran sign new agreement on Bushehr power plant
The two sides came to the agreement that Roseenergoatom, a subsidiary of Rosatom, will take part in building new power stations in Bushehr.
Western rivalry against the backdrop of nuclear talks
Arman-e Emrooz says in an opinion piece that the US is making preparations for getting into the Iranian market after Tehran and P5+1 strike a final deal.
Resistance-based economy does not mean shutting the doors to outside world
Iran's big names in economics lend support to what the Supreme Leader has outlined as the general policies of resistance-based economy.
Figures that have done a number on Greek life
Official statistics released in Greece show that people are crunching a set of new numbers in the wake of the country’s debt crisis.