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.
Iranian President Seyyed Ebrahim Raeisi in a meeting with a group of economists reviewed possible ways and options to try to resolve the economic woes of the nation.
The vice chairman of the Iranian Parliament’s Planning and Budget Commission has said Iran’s foreign exchange revenues for the last 7 months have been equal to the total of the last year.
Iran has become the world’s third-largest producer of natural gas after the United States and Russia despite the harsh US sanctions. Iran has grown steadily over the past two decades in natural gas production, according to the US Energy Information Administration.
An Iranian customs official says the country has exported goods to 142 nations, having had imports from 110 countries in the last seven months. The transactions were carried out while the Islamic Republic is under the toughest ever US sanctions.
Iran’s Intelligence Ministry says more than 150 leaders of a pyramid company calling itself Unique Finance have been arrested in 19 provinces across the country for financial wrongdoings.
Iran and Uzbekistan are to hold their second meeting on trade and technology in a bid to boost mutual interactions in those areas.
Vice President for Science and Technology Sorena Sattari is to travel to Uzbekistan on November 22 heading a trade-technology delegation in a bid to lay the groundwork for closer technological cooperation between the two sides.
An Iranian official says the export of goods by truck from the city of Sarakhs bordering Turkmenistan to the neighboring country has tripled compared to the previous week.
Iranian Vice President for Scientific Affairs Sorena Sattari on Friday announced the country will soon unveil more technological and scientific achievements in the near future among them electric cars. Sattari added that people will see that the cars are beautiful.
Iranian oil sales to China have reportedly soared in recent months. This as the administration of US President Joe Biden says they intend to talk to Beijing over the issue.
The spokesperson for the National Iranian Oil Products Distribution Company has said refueling has returned to normal at all gas stations across Iran following days of disruption due to a cyberattack attack.
Iran’s Customs Office says the country’s exports from the southern port city of Chabahar increased nearly 100% since March 21, 2021 compared with the same period in 2019.
Iran’s ambassador to India says Tehran expects New Delhi to resume oil purchases from Iran. He added Iran’s Foreign Minister Hossein Amir Abdollahian plans to visit India later this month.
Pomegranate is a garden product that is very compatible with the saline soil and desert climate of Yazd and each year more than one hundred thousand tons of pomegranates are harvested from gardens in this central province.
All gas stations across Iran have re-entered service after their operation was disrupted nationwide following what was described has a “hacking attack.”
