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 has set a new record in solar power generation, with output from its solar plants reaching 800 megawatts on August 26, according to the Renewable Energy and Energy Efficiency Organization (SATBA).
Iranian President Masoud Pezeshkian has announced that more than 1,000 megawatts of solar panels have been installed since his administration took office more than a year ago, part of a drive to meet the country’s renewable energy goals.
Iran’s ambassador to Russia said Monday that the delivery of Russian gas to Iran through the Republic of Azerbaijan could begin “in the near future,” pending agreement on pricing terms.
Flights have resumed over western Iran after a temporary closure of the country’s airspace in the region overnight, aviation authorities confirmed on Friday.
Armenia has formally requested the import of liquefied petroleum gas (LPG) from Iran to meet its immediate domestic needs, the country’s Economy Minister announced on Thursday.
Iran and Armenia have signed 10 memoranda of understanding on mutual cooperation during a key state visit by Iranian President Pezeshkian to Yerevan, aimed at enhancing bilateral relations.
Iran’s Minister of Roads and Urban Development, Farzaneh Sadegh, announced fresh agreements with Armenia aimed at strengthening transport and transit cooperation, including the construction of a second bridge at Nordooz and advancing plans to connect the Persian Gulf to the Black Sea by rail.
International airlines have resumed flights to Iran after a two-month suspension caused by heightened regional tensions and the 12-day conflict between Iran and Israel.
Iranian President Masoud Pezeshkian announced on his personal social media page that, thanks to the efforts of domestic engineers and specialists and with over 85% locally produced equipment, the first phase of the associated gas recovery project in southern Ilam province has been officially inaugurated.
Tehran’s oil production fell slightly in July as output continued to suffer from the impacts of a war Iran fought with Israel in June, and despite a general rise in production by members of the Organization of the Petroleum Exporting Countries (OPEC).
Iran’s Oil Minister Mohsen Paknejad has strongly denied claims made by foreign media that over 40 million barrels of Iranian oil are currently sitting idle at sea due to lack of buyers.
Iran has managed to significantly raise its oil production in a short period of time under an emergency plan introduced by the government and despite the pressures of the US sanctions, according to a report published in the local media.
According to the Islamic Republic of Iran Customs Administration (IRICA), the country's non-oil trade in the first four months of 2025 reached 61.02 million tons valued at $34.175 billion.
Iran’s Oil Minister Mohsen Paknejad has stated that Tehran has been planning for a potential scenario in which the United Nations sanctions are re-imposed on the country as part of efforts by European powers to force the Islamic Republic to change its nuclear policy.
Iran’s President Massoud Pezeshkian has hailed the strategic significance of the North–South International Transport Corridor, asserting that its full operationalization would dramatically transform regional connectivity and render sanctions against Iran ineffective.
Tehran managed to significantly increase its oil export revenues last year, according to new OPEC data, which shows that US sanctions have failed to choke off Iran’s lucrative oil business.
Iran’s Civil Aviation Organization (CAO) has announced the resumption of full operations at all airports nationwide after the war with the US and Israel last month, with the exception of Tehran’s Mehrabad International Airport, which will operate from 4 a.m. to 7 p.m. until further notice.
Isfahan's Shahid Beheshti International Airport, in central Iran, has officially reopened and will resume flight operations starting Friday following an over-month-long hiatus over airstrikes by the Israeli regime last month, according to Iran’s Civil Aviation Organization.
Iran’s oil production declined slightly in June amid Israel’s war against the country, despite an overall increase in output by major oil producers, according to the latest data from the Organization of the Petroleum Exporting Countries (OPEC).
The public relations office of Tehran's Mehrabad International Airport has firmly denied rumors circulating on social media and certain news outlets about an explosion occurring at the airport.
CEO of the Government Trading Corporation of Iran Seyed Saeed Rad has confirmed that no government-owned essential goods remain stranded at the country’s ports, assuring the public that Iran’s strategic reserves of basic commodities are in a strong and stable condition.
An Iranian Interior Ministry official announced that more than 772,000 undocumented Afghan migrants have returned to their homeland since the start of the current Iranian year about four months ago.
