Business

Ties with All Neighbours of Great Importance to Iran: Rouhani

Iran’s President Hassan Rouhani says Tehran attaches great significance to ties with its neighbours and is after establishing good and close relations with them.

Border Crossing between Iran, Iraqi Kurdistan Reopens

A border crossing between Iran and the Iraqi Kurdistan Region has reopened and the trade exchanges via land border have resumed in the normal way, officials say.

Iran to Export Electricity to Iraq for Two More Years

Iranian Energy Minister Reza Ardakanian says the country will continue to export electricity to Iraq for two more years in defiance of the US sanctions. 

Iran to Exclude Oil Revenues from Its Income Basket

Iran says the country’s top priority is to put aside the oil and just depend on non-oil revenues to handle the country’s economic issues.

Iran to Fund Major Railway Project Using Russian Loan

Iranian Minister of Energy Reza Ardakanian says a loan of $5 billion that Russia has agreed to give Tehran will be used to fund a major railway project in eastern Iran.

Iran Reopens Mosques, Lifts Restrictions on Shopping Malls

Iran’s President Hassan Rouhani has announced new policies to ease restrictions which were in place since the outbreak of the coronavirus.

Halt to Tehran-Seoul Trade Ties ‘Temporary’, Analyst Says

A senior economic analyst believes the current disruption to bilateral trade between Iran and South Korea is temporary, and there is reason to be optimistic about future economic ties. 

Iran Unveils Four Mega Projects to Boost Digital Economy

Iran’s president has unveiled four new infrastructural projects, launched by the information and communications technology ministry, to boost the country’s digital economy.

Fourth Iranian Tanker Sails into Venezuela Waters

The fourth Iranian tanker, named Faxon, has entered the Venezuelan waters to deliver much-needed gasoline to the fuel-starved country.

Iran in Photos: Rice Transplantation in Mazandaran

Each year when spring rolls around, rice farmers in Mazandaran province, northern Iran, start preparing the paddy fields for transplantation.

Villagers in Southern Iran to Get Potable Water after Years of Protest

Villagers in the southern Iranian province of Khuzestan province will finally be supplied with drinking water after years of protest, which turned violent in recent days.

Iran Denies Receiving Tonnes of Gold from Venezuela in Exchange for Gasoline

As Iran’s third oil tanker sails into the Venezuelan waters to deliver its much-needed gasoline cargo, the Iranian envoy to the South American country dismisses the claims that Tehran has received nine tonnes of gold from Caracas in exchange for the fuel.

Iran Calls for Closer Business Ties with Georgia

Iranian First Vice President Es'haq Jahangiri has offered congratulations to Georgia on its national day, calling for expansion of business ties between Tehran and Tbilisi.

Venezuelan Armed Forces Escort Second Iranian Tanker

After escorting the first Iranian tanker Fortune, the Venezuelan army has released footage of escorting the second vessel, named Forest, carrying gasoline to the fuel-starved country.

Second Iranian Oil Tanker Enters Venezuelan Waters

The second Iranian oil tanker, named Forest, has entered the Venezuelan waters to deliver its much-needer gasoline cargo.

Iran’s First Tanker in Venezuela to Deliver Much-Needed Gasoline

The first of five tankers carrying Iranian gasoline to Venezuela has arrived in the Latin American country despite the US threats.

Iran, Turkey Move to Reopen Land, Air Borders

The presidents of Iran and Turkey have discussed plans to reopen the land and air borders between the two neighbours and restart trade exchanges in compliance with the health protocols.

Iran Announces Protocol on Granting 5-Year Residence Permits to Foreign Nationals

Directives on issuing residence permits to foreign nationals making investment in Iran have been announced.

Virus of US Sanctions Failed to Halt Iran’s Development: Rouhani

Iranian President Hassan Rouhani says the country’s success in tackling the coronavirus epidemic and dealing with the “virus of US sanctions” shows that Americans will never be able to bring the Iranian nation to its knees and will have to remain in despair over their wrong approaches.

Iran to Resume Trade with Arab States in Compliance with Health Protocols

Iran says it has agreed with five Arab nations to resume business relations while adhering to health protocols and enforcing them at the borders.

Iran Proposes Barter Trade with Kazakhstan

President of the Islamic Republic of Iran Hassan Rouhani has proposed the idea of operating a barter system for bilateral trade with Kazakhstan.

Iran Warns US against Disruption of Legal Trade

Iran’s Foreign Minister has warned the United States against any disruption of legal trade, saying that Washington is not allowed to interfere with the Iranian tankers en route to Venezuela.

‘Sultan of Cars’, His Wife Sentenced to Death in Iran

Iran has given death penalties to a man and his wife who had hoarded more than 6,700 automobiles and disrupted the car market and are also convicted of money-laundering involving a sum of 32 trillion rials.

Vice President Urges Development of Digital Economy in Iran

Iranian First Vice President Es’haq Jahangiri has called for plans to develop the infrastructures for digital economy in the country, highlighting the role that the Ministry of Information and Communications Technology plays in working towards that goal.

Iran Warns US against Interference with Its Fuel Transfer to Venezuela

Iran has warned the United States against any interference with the transfer of fuel by Iranian tankers to Venezuela.

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