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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.

IFP Exclusive

Iran’s Railway Network Registered on UNESCO’s Cultural Heritage List

IFP Editorial Staff -
Iran’s national railway network has been registered on the global cultural heritage list of the United Nations Educational, Scientific and Cultural Organisation (UNESCO).
Featured News

Iran Inaugurates Major Pipeline to Bypass Strait of Hormuz for Oil Exports

IFP Editorial Staff -
Iranian President Hassan Rouhani has officially inaugurated the first phase of the 1,000-kilometre oil pipeline connecting Goreh in the west of Persian Gulf to Jask in its east, making Iran independent of the Strait of Hormuz for oil exports.
IFP Exclusive

Iran Gets 80% of COVID-19 Vaccine Imports from China: Official

IFP Editorial Staff -
Iran says a large part of its coronavirus vaccine imports have come from China.
IFP Exclusive

Iran Has Enough Raw Material to Produce 100m Doses of Barekat Vaccines

IFP Editorial Staff -
A leading member of the team in charge of the production of CovIran Barekat vaccine has answered questions, circulating on social media, on why authorities disposed of 2.1 million doses of the Iranian anti-COVID 19 shot.
IFP Exclusive

Solar Panels Distributed among Nomads in Southwest Iran

IFP Editorial Staff -
Authorities have distributed solar panels among nomads in the southwestern Iranian province of Chaharmahal and Bakhtiari.
IFP Exclusive

Iran Bans Flights to 39 Countries Due to COVID-19

IFP Editorial Staff -
The Iranian Civil Aviation Organisation (ICAO) says there are restrictions on flights from Iran to 39 countries at the moment due to the coronavirus pandemic.
IFP Exclusive

Possible Cyber-Attack Hits Iran’s Railway Network

IFP Editorial Staff -
An apparent cyberattack has delayed Iran’s train services and created an unprecedented chaos in the country’s stations.
IFP Exclusive

Iran Shuts Illegal Crypto Mining Fields amid Power Crisis

IFP Editorial Staff -
Iran’s Energy Minister says the police have discovered 3,600 illegal centres of cryptocurrency mining, which used 570 MW of the country's electricity.
IFP Exclusive

Blast in Oil and Gas Pipeline in Southern Iran Kills Three

IFP Editorial Staff -
An explosion in an oil and gas pipeline station at Fath-ul-Mobin region of Shush County in Iran's Khuzestan province has killed three people and injured four others.
IFP Exclusive

Ordibehesht House; Cultural Centre in Tehran’s Historic Oudlajan Neighbourhood

IFP Editorial Staff -
This is “Ordibehesht House”, a magnificent memento from Zand dynasty’s era, which housed Mirza Mohammad Nazer and his family during the rule of Nasereddin Shah from Qajar dynasty.
IFP Exclusive

Iran Bans Entry from 12 Countries over Delta Variant of COVID-19

IFP Editorial Staff -
Iran has banned the entry of visitors coming from twelve countries in order to prevent the spread of the Delta variant of the novel coronavirus.
IFP Exclusive

Iranian Oil Workers Go on Strike in Protest at Low Wages

IFP Editorial Staff -
Thousands of Iranians working in the country’s energy industry have gone on strike over the past week in protest at low wages.
IFP Exclusive

Trump Virus, COVID-19 Responsible for Iran’s Economic Situation: Rouhani

IFP Editorial Staff -
Iranian President Hassan Rouhani says the US sanctions and its economic war on Iran coupled with the coronavirus pandemic have spelt numerous difficulties for the people of Iran over the past three and a half years, stressing that things would have been markedly different without them.
IFP Exclusive

Iran’s Bushehr Nuclear Plant to Enter Circuit in Coming Days: Salehi

IFP Editorial Staff -
Iran's nuclear chief Ali Akbar Salehi says the Bushehr nuclear power plant, which was shut down temporarily last week, will be reconnected to the country's power grid in the coming days.
Selected

Raisi Admin. Can Move to Tackle Economic Stagnation: Experts

IFP Editorial Staff -
The Khabar Online news website has, in interviews with different experts, elaborated on possible measures that the next Iranian administration can adopt to address the current stagnation on various markets.
IFP Exclusive

Iran, Turkey Discuss Economic Cooperation in Region

IFP Editorial Staff -
Iran's Foreign Minister Mohammad Javad Zarif and his Turkish counterpart Mevlut Cavusoglu held talks in the city of Antalya, Turkey.
IFP Exclusive

Caracas: Iran’s Dispatch of Oil Tanker to Venezuela ‘Unforgettable’

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif and his Venezuelan counterpart Jorge Arreaza have discussed the latest status of bilateral ties as well as regional and international issues of mutual interest.
IFP Exclusive

Iran’s Voting Right Restored after Paying Contribution Arrears to UN

IFP Editorial Staff -
The Central Bank of Iran (CBI) has paid the country's overdue UN membership fee for over $16 million, restoring the country's right to vote at the UN.
Foreign Policy

Iran Follows Up on Iraq’s Payment of Its Unpaid Debts

IFP Editorial Staff -
Iranian Foreign Ministry Spokesman Saeed Khatibzadeh, who is also the head of the Foreign Ministry's Public Diplomacy Department, held talks with Iraqi Foreign Minister Fuad Hussein in Baghdad.
IFP Exclusive

Massive Fire Breaks Out at Tehran’s Oil Refinery

IFP Editorial Staff -
A massive fire has broken out at Tehran's Tondguyan oil refinery, creating a heavy black smoke in the south of the capital.
IFP Exclusive

Iran Says Deals with Airbus, ATR to Be Revived If Vienna Talks Bear Fruit

IFP Editorial Staff -
A spokesman for Iran's aviation organisation says the country's deals with Airbus and ATR plane manufacturers will be revived if the Vienna talks on the US return to the 2015 nuclear deal bear fruit.
IFP Exclusive

Iranian Presidential Candidates Lay Out Plans to Shore up Economy

IFP Editorial Staff -
Iranian presidential contenders have set out their election pledges as they hit the campaign trail ahead of the June 18 vote.
IFP Exclusive

Production of Every Single Bitcoin Turns Off Lights in 30,000 Homes: Iran

IFP Editorial Staff -
Iran’s Energy Minister Reza Ardakanian says the mining of cryptocurrencies must be regulated and punishment should be meted out to illegal miners, as the production of digital currencies consumes a lot of energy.
Featured News

Iran’s Central Bank Governor Sacked as He Begins Presidential Campaign

IFP Editorial Staff -
Abdolnasser Hemmati, the governor of the Central Bank of Iran (CBI), has been sacked from his position as he begins campaigning for the next month's presidential election.
IFP Exclusive

FATF Issue Could Be Resolved As Vienna Talks Move Forward: Ex-Diplomat

IFP Editorial Staff -
A former Iranian diplomat has expressed hope as negotiations in Vienna bear fruit, the problem with the Financial Action Task Force (FATF) inside Iran will be solved too.
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