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.

Energy

Iran president stresses need to balanced oil price

Emad Askarieh -
The Iranian president says crude price fluctuations will have an adverse impact on global economy.
Economy

Reciprocal Trade Visits between Iran, US on Agenda: Official

IFP Editorial Staff -
Trade offices will reopen in Iran and the US in the future.
Finance

Iran, Iraq to Set Up Joint Bank Soon: Iran’s VP

IFP Editorial Staff -
To address shortcomings in Iran-Iraq trade transactions, steps should be taken toward opening a joint bank.
Industry

Ways of discouraging Iranian mine owners from selling raw materials

IFP Editorial Staff -
An Iranian MP talks about ways of discouraging mine owners from selling raw materials.
Industry

Azerbaijan can invest in Iran’s mining sector: MP

IFP Editorial Staff -
Iran says its mining sector stands ready to absorb Azeri investment.
Industry

Iranian industry, mining and trade managers will compare notes in Sanandaj

IFP Editorial Staff -
New domestic and foreign trade policies of the Ministry of Industry, Mines and Trade will be discussed at a gathering of senior managers in Sanandaj.
Economy

Iran’s Sarakhs Trade Zone Welcomes Foreign Investment

IFP Editorial Staff -
Sarakhs Zone is ready to accept and cooperate with foreign investors who are willing to take part in the Zone's trade, economic and industrial activities.
Energy

Iran to take natural gas to the southeast to help local economy pick up

Emad Askarieh -
The Iranian Economy Council has agreed to allocate 1.5 billion dollars in finances to a project which will take natural gas to Sistan and Baluchestan Province.
Economy

The heavens of Iran to become the heaven of flights amid hellacious conflicts

Emad Askarieh -
Foreign Airlines are willing to make a comeback to Iran’s sky which offers solace to airlines flying away from war-torn areas.
Selected

Iran, Turkmenistan, Kazakhstan are to be linked via rail in a month

Emad Askarieh -
Iran’s vice-president for executive affairs says the railway connecting Iran to Central Asia will come on stream in November.
Hard News

Tehran, Munich planning to resume direct flights soon

Emad Askarieh -
Iran and Germany have agreed to resume direct flights between Tehran and Munich next month after a ten-year pause.
Economy

Iranian and Dutch businessmen meet to promote trade ties

Emad Askarieh -
Iranian and Dutch businessmen held talks at the Netherlands Council for Trade Promotion to bolster trade ties between the two nations.
Economy

Iran, Russia Plan to Use National Currencies in Bilateral Trade

Emad Askarieh -
Ruble and rial are going to replace the US dollar in bilateral transactions between Iran and Moscow.
Economy

India to go ahead with investment in Iran’s Chabahar Port

Emad Askarieh -
A new chapter in Iran-India trade relations; hurdles were cleared after Narendra Modi took office.
Hard News

Iran’s crude steel production exceeds 12m tons

Emad Askarieh -
Iran’s crude steel production has risen by all but 7 percent to 12.06m tons over the first nine months of 2014.
Agriculture

Harvesters pick berberis in Iran, enjoying the fruits of their labor

Emad Askarieh -
Harvest season in Iran creates picture-perfect scenes of farmers’ efforts bearing fruit.
Energy

Iran to produce 5,000 MW clean power in five years

Emad Askarieh -
The Renewable Energy Organization of Iran says it is planning to generate 5,000 MW of clean power in five years’ time.
Economy

Iran ready for joint investment in Qatar

Emad Askarieh -
Visiting Qatari Minister of Economy and Commerce Sheikh Ahmad bin Jassim bin Mohammad al-Thani meets with Iranian officials, discussing bilateral ties and joint investment.
Industry

IMIDRO: Chinese firms willing to invest in Iran’s steel industry

Emad Askarieh -
The Head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) says Chinese investors are interested in putting their money into Iran's steel industry.
Hard News

Boeing ends decades-long hiatus in business with Iran

Emad Askarieh -
The US aircraft-manufacturing giant Boeing has provided Iran's national flag carrier with a cargo of plane parts, bringing to an end a decades-long pause in doing business with Iran.
Industry

Peugeot has agreed to Iran’s conditions: Iran Khodro chief

Emad Askarieh -
Lots of factors are at paly to specify the extent of investment by either side in contracts of cooperation between Iranian and foreign carmakers.
Industry

Iran Khodro says it seeks to design a new car in partnership with a foreign firm

Emad Askarieh -
Iran Khodro, the leading Iranian carmaker, says it has entered talks with a German designer to set the stage for the production of a joint car in four years.
Economy

EBEX 2014, invest show opens in Kish

Emad Askarieh -
The first Kish International Exchange, Bank, Insurance, Capital Market and Privatization Exhibition (EBEX 2014) and the 6th Exhibition on Investment Opportunities in Iran Opened in Kish Island.
Energy

Oil giants keen to return to Iran’s oil, gas sector

Emad Askarieh -
An Iranian oil company director says a final nuclear agreement between Tehran and G5+1 would see the return of world oil giants to Iran.
Economy

Canadian, Australian companies ready for gas cooperation

Emad Askarieh -
Companies from Canada and Australia have expressed readiness to put their money into Iran’s gas projects, the National Iranian Gas Company says.
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