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 Iranian government says local industralists have made the country self-sufficient in production of closed-cell aluminum foam following the US sanctions.
President of the Islamic Republic of Iran Hassan Rouhani says the outbreak of coronavirus has not brought economic activities in the country to a halt, describing the inauguration of new projects as a testimony to Iran’s unfaltering progress.
Iranian Petroleum Minister Bijan Namdar Zangeneh and his Iraqi counterpart Ihsan Abdul Jabbar have discussed the ways to promote cooperation between the two neighbours in the oil industry.
President of Iran Hassan Rouhani says diplomatic and economic officials have launched a push to free the country’s foreign currency assets in the other countries in order to reduce susceptibility to any currency market volatility.
The spokesperson for the Iranian administration has called on South Korea to unblock the petrodollars it owes to Iran, currently frozen in the Korean banks.
Iranian Foreign Minister Mohammad Javad Zarif has called for efforts to restart the export of natural gas to Turkey after carrying out necessary repairs to the pipeline transferring gas to the neighboring country.
Technologists at one of the leading Iranian companies in the field of machine-made carpets are exporting antibacterial carpets to Austria, Germany and the United Kingdom, as well as a number of African and Asian countries.
Iranian President Hassan Rouhani has highlighted his administration’s efforts to deal with the economic consequences of the coronavirus outbreak, pointing to schemes to protect the livelihood of people and prevent price hikes.
The Trade Promotion Organization of Iran has denied reports carried by some media that trade relations between Iran and the United Arab Emirates (UAE) are going through a rough patch.
Iran says as long as Tehran and Caracas are determined to do business with each other, the mutual exchanges will definitely continue, and those who seek to disrupt the trade ties must know troubles can be created for them too.
TEHRAN (Tasnim) – Commander of the Islamic Revolution Guards Corps (IRGC) Major General Hossein Salami said Iran has exhibited its power by sending oil tankers to Venezuela.
Iranian Minister of Energy Reza Ardakanian says the Islamic Republic is the leading country in the region in terms of installed power generation capacity.
Iranian President Hassan Rouhani has called for the promotion of economic relations with Kyrgyzstan, saying the two countries can expand their trade ties in compliance with the health protocols regardless of the prospect for an end to the coronavirus pandemic.
Glass walls are to be erected at the edge of platforms in 35 subway stations across Tehran to prevent people committing suicide by jumping in front of the trains.
Iran’s Leader Ayatollah Seyyed Ali Khamenei has admired the crew of five Iranian oil tankers that carried gasoline to the fuel-starving Venezuela for their “great job”.
An Iranian knowledge-based company has developed the complete assembly line of SMD electronic boards, tin paste printer, reflow oven and external conveyors.
