Business

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.

Finance

Iran to Buy 16m Doses of COVID-19 Vaccine Using Its Money Frozen in Iraq

IFP Editorial Staff -
Iraq has received the green light to pay $125 million in its debts to Iran for the purchase of 16 million doses of COVAX vaccines, Iran's energy minister said. The money has reportedly been transferred from Iraq's Trade Bank to a Swiss bank.
IFP Exclusive

Unlicensed Cryptocurrency Mining Main Cause of Iran’s Blackouts

Reza Khaasteh -
Iran’s Energy Ministry has blamed unlicensed cryptocurrency mining activities in the country for the recent power cuts, which have turned into a crisis for the Rouhani administration ahead of the June votes.
Selected

Iran Bans Cryptocurrency Mining Until Late September

IFP Editorial Staff -
The Iranian president has warned that it will be forbidden to mine digital currencies until the end of summer as it puts a huge burden on the national power grid.
IFP Exclusive

Energy Minister Apologises to Iranian People for Recent Power Cuts

IFP Editorial Staff -
Iran's energy minister has apologised to citizens for the frequent power outages in the country in recent days.
IFP Exclusive

Over 50% of Iranian Couriers, Pickup Drivers Lose Their Jobs during Pandemic

IFP Editorial Staff -
An Iranian official says 50 to 60 percent of the couriers and pickup drivers working in the transportation sector have lost their jobs during the coronavirus pandemic.
IFP Exclusive

Iran Arrests CEO of BRG Token, Buyer of Jack Dorsey’s First Tweet

IFP Editorial Staff -
Sina Estavi, the CEO of Crypto Land exchange platform and the BRG token, has been detained after what authorities described as long illegal activity.
IFP Exclusive

Tehran, Madrid Discuss Promotion of Business Exchanges

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif has held talks with Spain's Minister for Industry, Trade and Tourism Maria Reyes Maroto, who also co-chairs the Iran-Spain Joint Economic Cooperation Commission.
Transportation

Iran Bans All Flights to/from India, Pakistan to Contain COVID-19

IFP Editorial Staff -
Iran’s Civil Aviation Organisation (CAOI) has banned all flights to and from Pakistan and India over concerns about the spread of the new coronavirus strain.
IFP Exclusive

Iran Urges South Korea to Immediately Release Its Frozen Assets

IFP Editorial Staff -
Iran’s Deputy Foreign Minister for Political Affairs Abbas Araqchi has held talks with South Korean Deputy Foreign Minister Choi Jong-kun who was in Tehran as part of a delegation headed by the country’s prime minister.
Finance

Seoul Must Unblock Iran’s Frozen Assets As Soon As Possible

IFP Media Wire -
Iran’s first vice president says South Korea must take action to unfreeze Iran’s foreign exchange assets as soon as possible, noting that freezing Iran’s money has badly tarnished the image of South Korean banks among Iranians.
IFP Exclusive

Iran FM Calls for Closer Economic Cooperation among D-8 Countries

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif has, in a virtual speech at the 19th meeting of the D-8 Council of Ministers, expressed Tehran's preparedness for closer economic cooperation with other members of the D-8 Organisation for Economic Cooperation.
IFP Exclusive

Iran, Kyrgyzstan Discuss How to Make Mutual Cooperation Immune to Sanctions

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif held talks with his Kyrgyz counterpart Ruslan Kazakbaev in Bishkek on the second leg of his four-nation tour of Central Asia.
IFP Exclusive

Iran’s Exports to China Could Triple in Coming Years: Official

IFP Editorial Staff -
A senior Iranian official says the country has the potential to triple its exports to China over the coming years.
IFP Exclusive

Iran Handled COVID-19 Pandemic Despite US Sanctions: President Rouhani

IFP Editorial Staff -
The Iranian president says the country managed to tackle the coronavirus pandemic and boost its economy despite sanctions and economic pressure by the US.
IFP Exclusive

Iran’s Water, Soil Sectors Revolutionized in Past Eight Years: Rouhani

IFP Editorial Staff -
Iranian President Hassan Rouhani says a giant step has been taken in the country’s water and soil sectors during his tenure as president over the past eight years.
IFP Exclusive

Iran Opens Several Major Water Desalination Projects

IFP Editorial Staff -
Several major projects to transfer water from the Persian Gulf and the Sea of Oman to central and eastern Iran have got off the ground.
IFP Exclusive

‘Major Part of Equipment for Iran Tube System Produced Domestically’

IFP Editorial Staff -
A senior Iranian official says knowledge-based companies have been able to meet a major part of the equipment needed in the country’s transportation sector, especially for the underground system.
IFP Exclusive

Iran Berates Seoul for Refusing to Release Its Assets under US Pressure

IFP Editorial Staff -
The governor of the Central Bank of Iran (CBI) has criticized South Korea for being swayed by the United States when it comes to releasing Iran’s assets in the Asian country.
IFP Exclusive

Leap in Production Not Possible without Promotion of Exports: Zarif

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif and a number of top exporters of goods and technical-engineering services have discussed foreign trade and export of such services in a meeting in Tehran.
IFP Exclusive

Iran Unveils Homegrown ‘Massaf’ Assault Rifle

IFP Editorial Staff -
Iranian Defence Minister Brigadier General Amir Hatami has unveiled a domestically-built assault rifle named "Massaf".
IFP Exclusive

Iran to Build‌ Its Largest Oceanic Port in Sea of Oman: Minister

IFP Editorial Staff -
Iran is to construct an oceanic port in the Sea of Oman where the country’s largest oil terminal will be built.
IFP Exclusive

Iran Likely to Approve FATF Soon: Official

IFP Editorial Staff -
An Iranian official says the bills proposed by the Rouhani administration on adoption of the Financial Action Task Force (FATF) standards will probably be approved at the Iranian Expediency Council soon.
IFP Exclusive

Iran Puts into Service Major Freeway Near Tehran

IFP Editorial Staff -
Iran has inaugurated a 158-kilometres-long freeway that stretches across three provinces.
IFP Exclusive

Zarif Urges South Korea to Release Iran’s Frozen Assets ASAP

IFP Editorial Staff -
Iran’s Foreign Minister Mohammad Javad Zarif has called on Seoul to provide Iran with access to its assets frozen in South Korean banks, especially now that the Iranian nation seriously needs its money.
IFP Exclusive

Iran Says Ready for Closer Corporate Cooperation with Slovakia’s Private Sector

IFP Editorial Staff -
The Iranian president says companies in Iran and Slovakia’s private sectors can be at the forefront of efforts to enhance mutual relations and cooperation.
1...404142...161Page 41 of 161

Latest news

© All Content by IFP News ( Iran Front Page ) is licensed under a Creative Commons Attribution 4.0 International License.

About Us

Popular Articles

Editor Picks