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.

Economy

Over 20 Czech business firms to visit Iran in mid-September

Emad Askarieh -
Representatives from more than 20 Czech business companies plan to visit Iran in mid-September.
Industry

Incentives for foreign direct investment in the mining industry

Emad Askarieh -
Iranian officials say the mining industry is set for the inflow of foreign investment and steps have been taken toward attracting capital from abroad.
Economy

No expense is spared to pitch Iranian carpets internationally

Emad Askarieh -
The government has its sights on the extensive promotion of Iranian carpets across the world to help the industry reclaim its past glory.
Editor's Choice

Air accidents in the court of public opinion

IFP Editorial Staff -
A look at how NGOs can contribute to efforts to win back the lost public trust in Iran’s aviation industry.
Energy

Envoy Calls for Early Completion of Iran-Pakistan Gas Pipeline

Emad Askarieh -
Iran's Consul-General in Peshawar appeals for efforts to expedite Iran-Pakistan pipeline.
Hard News

Iran’s Largest Carmaker Ups Production by 160%

Emad Askarieh -
Production at Iran and the Middle-East's biggest automaker registers a 160% hike in four months.
Energy

Iran, Azerbaijan to Cooperate in Caspian Sea Oil Production

Emad Askarieh -
The Republic of Azerbaijan’s state-owned oil company will cooperate with an Iranian oil firm in exploration and production of oil in the Caspian Sea.
Energy

Iran starts testing Iraq gas pipeline

Emad Askarieh -
Iran has began pre-startup tests on a pipeline built to transport natural gas to Iraq to feed the country’s power plants, says an Iranian official.
Energy

Iran would enjoy oil, gas for next 60, 200 years

Emad Askarieh -
NIOC deputy-manager for explorations has said the country would enjoy gas and oil reservoirs for next 60 and 200 years, respectively.
Energy

Oil tankers return to Iran’s ports

IFP Editorial Staff -
The oil minister says with sanctions eased, foreign oil tankers begin port calls to Iran.
Economy

Iran’s non-oil exports up 21 percent

IFP Editorial Staff -
The Trade Development Organization says the country’s non-oil exports have posted double-digit growth.
Economy

Iran’s foreign debts down 9.7 percent

IFP Editorial Staff -
Iran’s foreign debts decline almost 10 percent in a year.
Economy

Enhancement of Iran, Italy Economic Ties Discussed

IFP Media Wire -
Senior Iranian and Italian trade officials explored new avenues for paving the way for the promotion of cooperation in various fields, specially in agricultural and railway sectors.
Finance

China Plans to Invest in Tabriz Tram Project

Emad Askarieh -
Chinese companies plan to invest in a Tram project to be constructed in the Northwestern Iranian city of Tabriz, a senior Chinese official announced on Sunday.
Energy

Iran Plans to Turn Jask Port into 2nd Oil Hub

Emad Askarieh -
The President says his government plans to turn a port in the south into an oil hub.
Energy

No Plan for Russia’s Iran Oil Marketing

Emad Askarieh -
Iran’s Petroleum Minister Bijan Namdar Zanganeh has dismissed reports of an agreement with Russia to sell oil for Iran.
Finance

Official: China Willing to Invest in Qom’s Monorail, Airport Projects

Emad Askarieh -
Chinese companies are interested to invest in infrastructural projects in Iran's Qom province, specially monorail and airport construction, a senior Chinese official announced on Sunday.
Government

President Rouhani Orders Iran-140 Planes Grounded after Crash

Emad Askarieh -
Iranian President Hassan Rouhani has ordered the grounding of the country’s Iran-140 passenger planes after Sunday’s deadly crash in Tehran.
Economy

Sanctions are not to blame for a rise in unemployment

IFP Editorial Staff -
Economists blame wrong policies rather than sanctions for Iran’s unemployment crisis.
Hard News

Zarif: Iran heart of region’s trade corridors

Emad Askarieh -
Iran’s Mohammad Javad Zarif says Iran is heart of the trade corridors of the region; could play a pivotal role in goods transit to Central Asia.
Finance

Iran Desk to be set up at Italian industrial promotion agency

Emad Askarieh -
An Italian delegation visits Iran to promote bilateral cooperation.
Energy

Iran Self-Sufficient in Diesel Fuel

IFP Media Wire -
Iran's Oil Minister says the country has become self-sufficient in the production of diesel fuel.
Transportation

Iran Ready to Train Foreign Air Traffic Controllers

Emad Askarieh -
Iran is ready to offer standard training courses on working with radars to the air traffic controllers from other countries, Ebrahim Shoushtari, Deputy CEO for Aeronautical Operations at Iran Airports Company (IAC) announced on Sunday.
Energy

Iran Defines Six-Point Gas Development Plan

IFP Media Wire -
Iran has defined a six-point plan for the gas sector under the country’s sixth five-year economic development plan which starts in March 2015, director for planning of National Iranian Gas Company (NIGC) said.
Industry

Bushehr Exports Up 10% in Value

IFP Media Wire -
The southern province of Bushehr exported 2.049 billion dollars worth of non-oil Commodities during the first quarter of the current calendar year which started on March 21.
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