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.

Asia

AIIB discourages poverty, promotes peace, stability: Economy chief

Emad Askarieh -
Tayyebnia said the important role of Asian states in global economy and impact of the bank on infrastructural development is evident.
Economy

Laylaz: Iran’s economy is not sanctionable (PART ONE)

IFP Editorial Staff -
Saeed Laylaz, an Iranian economist, says that mismanagement of the previous government has caused the country more losses than sanctions.
Economy

Iran building major port near Hormuz Strait

Golrokh Askarieh -
A multi-purpose port Iran is building near the Strait of Hormuz has absorbed 700 million euros in foreign investment. Officials say the new port can turn into one of the biggest and most discussed international ports in the world.
Asia

AIIB can be instrumental in Asian development projects: Economy minister

Emad Askarieh -
Iran's membership of the bank is in line with measures to realize the principles of the resistance-based economy, Minister of Economy and Financial Affairs Ali Tayyebnia said.
Energy

Iran buys ‘most advanced’ oil vessel

Golrokh Askarieh -
An Iranian energy official has said as many as 30 European and Asian companies have held talks with Iran in recent months to invest in the country’s oil and gas projects.
Hard News

Minister hold negotiations with passenger plane manufacturer

Golrokh Askarieh -
Abbas Akhundi said that due to sanctions during the past decades Iran has just managed to buy second-hand planes, noting the renovation of the national air fleet is an absolute necessity.
Economy

“Imposing pressure on negotiators unwise; people need peace of mind”

Emad Askarieh -
President Rouhani’s Chief of staff has said that the Iranian nation needs peace of mind and a thriving economy in which business will yield benefits.
Hard News

First Silk Road rail cargo enters Iran

Emad Askarieh -
The first cargo, including 45 freight wagons, carried on the Silk Road railway has crossed the Incha-Burun border with Turkmenistan into Iran.
Hard News

Iran needs 400 passenger planes in next 10 years: Minister

Golrokh Askarieh -
The minister of roads and urbanization says Iran attaches special importance to development of its civil aviation fleet and that of airports and passenger terminals.
Hard News

Iran, Pakistan launch joint fiber optic project

Golrokh Askarieh -
The network is aimed at expanding the bandwidth of Pakistan and international information transit.
Energy

Iranian official rejects reports on energy talks with US companies

Golrokh Askarieh -
Hosseini said Iran has already held negotiations with major European energy giants.
Hard News

US says working to block nine Iranian jets

Emad Askarieh -
The head of Iran’s Civil Aviation Organization said that the US did not have the right to block the planes on international trips but Iran had to get ready for any eventuality.
Economy

Iran needs to get ready for the post-sanctions era

Emad Askarieh -
Iran’s standard chief says accreditation helps the country start doing business and rendering services on the same footing with its international counterparts.
Economy

Iran’s return to oil market gradual: Zanganeh

Emad Askarieh -
Zanganeh said oil market stability through balanced supply and demand will remain a priority for OPEC under all circumstances.
Economy

Stand your ground on gasoline decision

IFP Editorial Staff -
Sadegh Zibakalam has asked in a letter to the government spokesman to explain to people the positive results the government decision to raise gasoline prices will produce in the long run.
Economy

Envoy Describes Germany as Iran’s Biggest European Trade Partner

Emad Askarieh -
Germany is the biggest European partner of Iran in the field of economy, the German envoy said in a meeting with Khorasan Razavi governor general.
Economy

Rouhani says committed to liberating economy from foreign pressures

Golrokh Askarieh -
Government is committed to liberating the land of economy from the occupation of P5+1 and the UN Security Council through diplomacy, Rouhani noted.
Economy

False expectations about a price decline are aimed at harming government: Economist

Golrokh Askarieh -
Those who have made such predictions are either unaware of price trends or seek to exert pressure on the government.
Economy

Iran permits ‘unofficial’ US trade link

Emad Askarieh -
Unofficial connections could pave the way for establishment of joint chambers of commerce between Iran and America, said Gholamreza Shafei.
Economy

Iran to launch trade center in Iraq’s Kurdistan Region

Golrokh Askarieh -
The center should serve to provide a good understanding of Iraq's market, introduce Erbil's trade attractions to traders and support the Iranian industries that eye a share in the Iraqi city.
Economy

Iran, Oman launch new shipping route

Emad Askarieh -
Iran has inaugurated a new shipping route to Oman to help diversify its access to international export markets and to transport food items, agricultural products and perishable goods.
Energy

Pakistan is counting the cost of its blind obedience to the US

Emad Askarieh -
The US has warned energy-poor Pakistan against implementing a gas pipeline project with Iran to counter the growing presence of China in the Muslim country.
Economy

Iran’s strong presence in Expo Milano 2015

Fatemeh Askarieh -
A photo gallery of the Iranian pavilion designed by Kamran Safamanesh at Expo Milano 2015.
Asia

Asia refiners renew Iran crude purchase deal

Emad Askarieh -
Chinese, Indian, South Korean, Japanese and Turkish refiners have all extended their oil purchase contracts with Iran, said Ghamsari.
Africa

Iran, South Africa keen for closer economic ties

Emad Askarieh -
Tehran is willing to expand economic relations with Pretoria and the ties should develop with a good momentum, said the president in a meeting with Nkoana-Mashabane.
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