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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.

Economy

N Khorasan Exports Rise by 250 Percent in First Half of Year

IFP Editorial Staff -
The Organization of Industry, Mine and Trade in Iran’s Northern Khorasan Province says the provincial exports grew by more than 250 percent to 72.4 million dollars in the first half of the year, compared to the same period the previous year.
IFP Exclusive

Belt and Road Initiative can help Iran blunt US sanctions

IFP Editorial Staff -
The Office for Economic Studies of the Iranian Parliament’s Research Center has issued a report examining China’s "Belt and Road Initiative" and its trade cooperation opportunities for the Islamic Republic.
IFP Exclusive

Iran’s land border with Turkmenistan reopens after 20 months

IFP Editorial Staff -
An Iranian customs spokesman said the land border outside Golestan province with Turkmenistan has been reopened after 20 months.
IFP Exclusive

Tangerine Harvest Season Begins in Mazandaran

IFP Editorial Staff -
Orchard owners in the northern Iranian province of Mazandaran have begun gathering their tangerine harvest.
IFP Exclusive

Iran renews call on South Korea to unfreeze oil money

IFP Editorial Staff -
Iran's Deputy Foreign Minister Ali Baqeri Kani has called on Seoul to quickly and effectively unfreeze Iranian funds and resources in South Korea.
IFP Exclusive

“Azerbaijan Republic frees detained Iranian truck drivers”

IFP Editorial Staff -
The Republic of Azerbaijan has reportedly released two Iranian truck drivers it detained in September, suggesting the bordering countries are trying to reduce tensions and avoid a possible conflict over critical transit routes and the Zionist regime’s presence in the region.
Media Wire

Renting a car in Dubai affordable, easy

IFP Media Wire -
Driving in the cosmopolitan city of Dubai might seem like a dream for many, but Saadatrent as an international car rental explains why you can rent luxury or economy cars in this city, so that all you dreams would come true.
IFP Exclusive

Capacity of Iran’s Bushehr Nuclear Power Plant to be tripled

IFP Editorial Staff -
Iran’s President Ebrahim Raeisi says the electricity production capacity of the Bushehr Nuclear Power Plant will be tripled.
IFP Exclusive

Envoy: Reports about closure of Iran-Turkey border crossings baseless

IFP Editorial Staff -
Iran’s consulate general in Erzurum، Turkey has dismissed reports about the closure of Iran-Turkey border crossings and the banning of the entry of the two sides’ trucks as totally baseless.
IFP Exclusive

Iran’s West Azarbaijan Province reopens all border crossings

IFP Editorial Staff -
Iran’s West Azarbaijan Province reopened all its five land border crossings on Friday after nearly two years of closure over the spread of the coronavirus.
IFP Exclusive

Ali Salehabadi appointed as Iran’s new central bank chief

IFP Editorial Staff -
Ali Salehabadi has been appointed as the new governor of the Central Bank of Iran, Minister of Finance and Economic Affairs announced on Wednesday.
IFP Exclusive

Iran to US, EU: End Sanctions to Help Address Global Energy Crisis

IFP Editorial Staff -
Iran has called on the decision-makers in the US and the European countries to end anti-Iran sanctions to help ease the global energy crisis.
IFP Exclusive

Iranian delegation in Kabul, talking trade with Taliban

IFP Editorial Staff -
Following coordination with Iran’s Interior Ministry and the heads of the Afghanistan’s interim government, Mohammad Sadegh Motamedian, the governor of Khorasan Razavi province has traveled to Afghanistan along with his entourage with the aim of developing trade relations and investigating and solving transit problems in a meeting met with various Taliban officials.
IFP Exclusive

MP: Iranians have spent $7 billion on real estate in Turkey

IFP Editorial Staff -
An Iranian MP says Iran has repeatedly saved political life of the Turkish president.
IFP Exclusive

Iran bans imports of home appliances to support domestic manufacturers

IFP Editorial Staff -
Iran’s Presidential Office has instructed the Ministry of Industry, Mine and Commerce and the Ministry of Economy and Finance to ban imports of South Korean home appliances.
IFP Exclusive

Cuba FM urges close cooperation with Iran against US sanctions

IFP Editorial Staff -
Iran’s Foreign Minister Hossein Amirabdollahian and his Cuban counterpart Bruno Rodriguez met Friday on the sidelines of the UN General Assembly in New York. Amirabdollahian and Rodriguez discussed bilateral ties, especially their trade cooperation.
IFP Exclusive

Iran FM: Tehran not to tie its economy to nuclear talks

IFP Editorial Staff -
As part of the meetings of Iran’s Foreign Minister on the sidelines of the UN General Assembly on Friday, Hossein Amirabdollahian and South African Minister of International Relations and Cooperation Naledi Pandor sat down for talks on bilateral relations.
IFP Exclusive

Indonesia FM thanks Iran for exporting pharmaceutical items

IFP Editorial Staff -
As part of his meetings on the sidelines of the United Nations General Assembly, Iran's Foreign Minister Hossein Amirabdollahian met with Indonesia's Foreign Minister Retno Marsudi on Friday. The two sides exchanged views on bilateral issues and cooperation.
IFP Exclusive

Norway calls for the revival of JCPOA

IFP Editorial Staff -
Iran’s Foreign Minister Hossein Amirabdollahian and his Norwegian counterpart Ine Eriksen Søreide have held talks over bilateral ties and the situation in Afghanistan. The negotiations happened on the sidelines of the UN General Assembly in New York.
IFP Exclusive

Armenian calls for Tehran-Yerevan cooperation in oil and gas

IFP Editorial Staff -
Iran’s Foreign Minister Hossein Amirabdollahian and his Armenian counterpart Ararat Mirzoyan have held talks on the sidelines of the UN General Assembly meeting in New York.
IFP Exclusive

Iran ready to cooperate with Singapore in security, counter-terrorism, narcotics

IFP Editorial Staff -
As part of his meetings on the sidelines of the United Nations General Assembly in New York, Iranian Foreign Minister Hossein Amirabdollahian has held talks with his counterpart from Singapore Vivian Balakrishnan. The two sides discussed bilateral issues especially trade and economic cooperation.
Society

Iranians Set Record of Purchasing Houses in Turkey

IFP Editorial Staff -
Turkey’s statistics center says Iranians bought 911 housing units in the country in August, which it said is an all-time monthly record for such purchases.
IFP Exclusive

Lebanese minister: Iran fuel broke US

IFP Editorial Staff -
The Lebanese minister of transportation has said the resistance movement Hezbollah’s fuel import from Iran broke the US siege of Lebanon.
IFP Exclusive

Iranian Fuel Convoys Arrive in Lebanon

IFP Editorial Staff -
Lebanese media have released footage showing convoys of Iranian fuel tankers arriving in the Arab country.
Economy

Iran to boost oil refining capacity

IFP Editorial Staff -
Iran’s Oil Minister Javad Owji has announced that the country is planning to boost its petroleum refining capacity over the next four years.
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