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’s largest solar power plant was officially inaugurated in Kuhpayeh, Isfahan, during an online ceremony attended by President Massoud Pezeshkian and senior officials on Thursday.
Nearly all Iranian airports have resumed normal operations following recent disruptions due to the conflict with the US and Israel last month, with domestic airlines running scheduled flights and several international carriers restarting services.
Four civilian airport facilities in Iran were targeted during US-backed Israeli strikes in June, according to Hamidreza Sane’i, deputy head of Iran's Civil Aviation Organization.
Mohammad Amirani, CEO of the Iran Airports and Air Navigation Company and Deputy Minister of Roads and Urban Development, announced that flight traffic is steadily increasing, with approximately 500 flights — including overflights, domestic, and international operations — receiving services from Iran’s airports.
Iran’s northwestern Tabriz International Airport resumed operations on Saturday with its first flight after the country’s 12-day conflict with Israel that left both of its runways damaged and suspended operations for 23 days.
Iran has officially begun exporting natural gas from the third sweetening train of the South Pars Phase 14 refinery, marking a new milestone in the country's energy development.
Iran has reopened its airspace to international flights a day after the end of the Israeli-American onslaught against the country, which disrupted aviation activities for nearly two weeks.
Iran’s Civil Aviation Organization (CAO) has extended the suspension of all domestic and international flights until 3:00 PM local time (11:30 GMT) on Sunday amid Israeli regime strikes, according to the organization’s fourth official announcement issued on Sunday morning.
An Israeli micro-drone struck one of the refineries in Phase 14 of Iran’s South Pars gas field earlier Saturday, triggering a powerful explosion and subsequent fire in part of the facility.
Israeli attacks overnight on Tehran’s Mehrabad Airport targeted a hangar housing Iranian fighter jets without damaging runways or the main building, state-run news agency IRNA has reported.
Hossein Selahvarzi, former head of Iran’s Chamber of Commerce, has issued a strong warning against a proposed bill to establish a “National Migration Organization,” claiming it would worsen Iran’s economic, social, and security challenges.
The Iranian government has officially nominated Seyed Ali Madanizadeh as the new minister of economic affairs and finance, parliament's presidium spokesperson Abbas Goudarzi announced on Sunday.
Iran commemorated the 117th anniversary of the country’s first oil discovery in a ceremony held Monday, with Deputy Oil Minister Hamid Bourd stressing the pivotal role of exploration in the energy sector.
Despite ranking fifth globally in natural and mineral resource reserves, Iran has only identified 2% of its mineral potential, according to Dariush Esmaeili, head of the Geological Survey and Mineral Exploration of Iran.
Iran’s first air taxi service began operations on Saturday, coinciding with the anniversary of Khorramshahr’s liberation during the Iraqi imposed war if 1980's.
The head of Hormozgan Province's judiciary has revealed the discovery of more than 21.5 million liters of smuggled fuel stored in the southern Iranian port of Kolahi, equating the volume to the daily output of a refinery.
A Saudi aviation official has announced that additional Saudi airlines will soon begin flights to Tehran’s Imam Khomeini International Airport after the first Saudi flight landed in the Iranian capital following diplomatic rapprochement between Tehran and Riyadh.
Iran’s Oil Minister Mohsen Paknejad announced that starting in June, a major oil or petrochemical project will be inaugurated each month in Iran until the end of the year.
Iran’s oil exports reached a 10-year record in the calendar year to late March, according to figures released by the country’s central bank, despite draconian US sanctions.
An Iranian parliamentarian has sharply criticized recent remarks made by a member of Russia’s State Duma regarding the nitrate levels in Iranian-exported watermelons, labeling the move as a “deliberate smear campaign” aimed at promoting Russian watermelons, particularly those from Dagestan.
Iran’s Central Bank has announced that 11 Russian banks are now supporting transactions made with Iranian bank cards in Russia, marking a significant development in financial cooperation between the two countries.
Iran’s Oil Minister, Mohsen Paknejad, issued the order to restart exploratory drilling operations in the shallow waters of the Caspian Sea, in Northern Iran, with the North Drilling Company’s rig being deployed at a depth of 70 meters.
