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.
Renault Willing to Resume Activity in Iran
French giant automaker Renault once again voiced its readiness to resume its cooperation with Iranian carmakers in the near future.
Iran, Denmark to Increase Technical, Engineering Cooperation
Iran and Denmark are determined to increase their cooperation in technical and engineering fields, specially in the mining sector.
Iran would export gasoline next year
An official has said Iran would export gasoline beginning next year with operation of the news oil refinery.
Rouhani: government committed to curb inflation
Iran’s Hassan Rouhani is in Khorramabad visiting the general public; says government is committed to curb inflation.
Iran top holder of worldˈs natural gas reserves: BP
The British Petroleum (BP) classed Iran, for the second consequent year, as the world’s top gas reserves holder with 33.8 trillion cubic meters, it was reported on Wednesday.
Official: Isfahan Refinery to Produce Euro-4 Gasoline
Iran's Isfahan refinery plans to start producing Euro-4 gasoline once the necessary catalyst is mass-produced in the country, a senior official announced.
Iran among the safest countries for investment
First deputy- President has said Iran is one of the safest countries for petrochemical investments.
Azerbaijan Planning to Promote IT Cooperation with Iran
Azerbaijan’s Communications and Advanced Technologies Minister Ali Abbasov plans to pay an official visit to Tehran in the second half of June to promote Tehran-Baku ties in various fields of communications and information Technology (IT).
MP: China Planning to Finance Completion of Khoda Afarin Dam in Northwestern Iran
China plans to allocate approximately $1bln for the implementation of Khoda Afarin Dam irrigation project, an Iranian parliamentarian announced.
Turkey extends contract to import Iran oil: Official
Tehran and Ankara have renewed a bilateral agreement on the export of Iran’s oil to Turkey, an Iranian energy official says.
Iran, Russia Mulling $10bln Deal in Power Sector
The Islamic Republic of Iran and Russia are working out a $10-billion deal in the power sector.
Iran’s Economy Minister in Kazakhstan to Attend 4th ECO Ministerial Meeting
Iranian Economy Minister Ali Tayyebnia left Tehran for Kazakhstan to attend the Fourth Ministerial meeting of the Economy Cooperation Organization (ECO) in the central Asian country.
‘South Pars to be completed by 2017’
All phases of Iran’s giant South Pars natural gas field will be completed by early 2017, an Iranian energy official says.
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.