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 ready to supply Europe with natural gas: Official
A senior Iranian energy official says the Islamic Republic is prepared to export natural gas to European countries seeking to diversify their energy sources and gas supplies.
Iran-Russia propose to establish joint financial firm
Iran’s ambassador to Moscow and Russian deputy-minister of finance have proposed establishment of a joint financial firm.
Energy Minister Calls for German Companies’ Cooperation in Iran’s Water Projects
Iranian Energy Minister Hamid Chitchian called on the German companies to take part in Iran's water projects.
32 countries attending Iran Oil Show 2014
Some 32 world countries will be attending Iranˈs 19th International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2014) to be held in Tehran on May 6-9.
Oil Minister: Phase 12 of South Pars Gas Field to Double Production Soon
Iranian Oil Minister Bijan Namdar Zanganeh announced that phase 12, the biggest development phase of the massive offshore South Pars gas field, south of Iran, will double gas production by the next month.
Iran committed to increase gas export
Iran is committed to increase gas export, First Vice- President Eshagh Jahangiri said on Monday.
Iran Exporting Tractors to 13 Countries
Managing director of Iran Tractor Manufacturing Company (ITMCO) said the country sells different models of tractors to various countries around the world.
Envoy: Iran-Turkey trade ceiling set at $16bn
Iranˈs Ambassador to Ankara Ali-Reza Bigdeli said on Monday that the Iran-Turkey trade ceiling is set at about $16 billion for the current Iranian calendar year of 1393 (starting on March 21).
Iran Exports over $314mln Worth of Hand-Woven Carpets in One Year
Iran exported $314.8mln worth of hand-woven carpets in the last Iranian year (March 20, 2013-March 20, 2014).
India oil imports from Iran rise 43% in Q1 2014
India has significantly increased its oil purchases from Iran following the implementation of an interim nuclear deal between Iran and six world powers, a report says.
South Korea doubles Iran oil imports
South Korea doubled its import of Iranian oil during the month of February.
Iran plans launching four new nuclear power plants
Iran will need 30,000 of its new generation centrifuges and more power plants to meet domestic fuel demands, its nuclear chief has said.
Iran to increase oil output to 5.7 million bpd by 2018
Oil Ministry has a planned to increase oil output to 5.7 million bpd by 2018, Deputy head of the Majlis Energy Commission Ali Marvi said on Saturday citing the plannings presented by Oil Minister Bijan Namdar Zanganeh.
Iran, Afghanistan economic ministers meet at World Bank Spring meeting
Iran’s economic minister and his Afghan counterpart have met on the sidelines of World Bank Spring meeting.
HOMA offers 70 percent discount for intl. publishers
HOMA has announced the company will offer 70 per cent discount to the international publishers participating in the upcoming Tehran International Book Fair.
Oil Minister: Iran Planning to Inaugurate Several Gas Projects in South Pars before Winter
Iranian Oil Minister said on Sunday that the ministry plans to boost the country's gas production before winter through completion of several projects in various phases of the South Pars gas field.
Official : Iran, Germany to Hold Economic Confab
Iran and Germany plan to hold a major economic conference in Berlin on April 8, Executive Director of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Mehdi Karbasyan said.