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.
The CEO of the National Iranian Oil Company has said efforts are under way to restore Iran’s daily crude output to the pre-sanctions level, that is, 4 million barrels per day.
Iran says the International Court of Arbitration has found Bahrain guilty over confiscation of assets of two Iranian banks and ruled that Manama should pay more than 200 million euro in reparation to the Iranian financial institutions.
Iranian President Ebrahim Raisi has called on the Economic Cooperation Organization (ECO) to remove the obstacles to trade exchanges among its member states.
Iranian Foreign Minister Hossein Amir Abdollahian saysTehran is ready to help Azerbaijan reconstruct areas in Azeri territories affected by last year’s war between Azerbaijan and Armenia.
Armenia is building a new transit route for Iranian cargo and passenger vehicles after the Azerbaijan Republic imposed restrictions on the previous road.
253 Iranian lawmakers have sent a letter to Iran’s Judiciary chief to investigate a corruption case in a deal for exporting gas from Iran to the United Arab Emirates.
Iranian Minister of Oil announced unilateral Washington sanctions against Tehran will damage global law and multilateralism, targeting livelihood of people. Javad Owji made the remark while addressing the 23rd Ministerial Meeting of the Gas Exporting Countries Forum (GECF) which was held virtually on Tuesday.
The 6th edition of Iran's International Renewable Energy Conference and Exhibition (Iran REC 2021) is scheduled to be held on November 20-21 in Tehran.
The chairman of the Iran-South Korea Joint Chamber of Commerce says Seoul has not released frozen Iranian assets despite reports alleging it has done so.
Armenian Prime Minister Niko Pashinyan has said Iranian trucks can use the Tatev-Aghvani alternative road to travel to the Republic of Azerbaijan without paying customs duties from now on. Pashinyan was speaking at a meeting of the Cabinet of Ministers on Thursday.
