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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, EU Stress Formation of Energy Trade Forum

Iran and the EU signed a Memorandum of Understanding (MoU) to cooperate in energy, as the EU Foreign Policy Chief Federica Mogherini visited Iran on Saturday

AEOI Head: Iran, EU Can Start Nuclear Cooperation from Fordo

Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi announced that Tehran and the European Union have held good discussions on nuclear cooperation and are now able to launch joint venture at Fordo uranium enrichment plant in Central Iran.

Iran Has No Plan to Join Oil Output Freeze: CBI Chief

Central Bank of Iran (CBI) Chief Valiollah Seif stressed that the country has no intention to cap its crude production, adding that OPEC (Organization of the Petroleum Exporting Countries) members are to blame for the tumbling oil prices.

Iran Eyes 3.1 mbd of Refining Capacity

Iran will add 1.8 million barrels per day to its refining capacity to bring it to 3.1 mbd once several refinery projects come on-stream...

“Italy to invest 4bn Euros in Iranian Rail”

An Italian official said his country is to make four billion euros of investment in the Iranian railway sector.

Davutoğlu: We support Iran, Turkey banking cooperation

Turkish Prime Minister, Ahmet Davutoğlu in meeting with Hassan Rouhani emphasized Turkey's serious intention to develop cooperation with Iran saying that Ankara supports cooperation with Iranian banks with no restriction.
Valiollah Seif

CBI governor: Iran’s trade partners return in post-sanctions era

Governor of Central Bank Valiollah Seif underlined that Iran's trade partners have returned to business with Tehran in the post-sanctions era.

Talks Under Way at Iran Plast for Boosting Petchem Trade

Iranian exhibitors at the 10th Iran Plast Exhibition are working out future cooperation with their international counterparts at the showcase, a senior Iranian petrochemical official says.

Mongolia, new buyer of Iranian crude

An NIOC official announced Iran and Mongolia have resumed negotiations on Iranian crude oil sales to the East Asian country through China’s route.

NIOC Mulls R&D Cooperation with Wintershall

A senior official with National Iranian Oil Company (NIOC) says the company is considering cooperation with Germany's Wintershall in research and development (R&D) projects.