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 president says directives for the reopening of businesses and public gatherings are to be discussed and approved at the upcoming meeting of the upcoming National Coronavirus Headquarters.
Iran’s Minister of Industry, Mine and Trade says the government has allocated a great amount of money to help the industries which are damaged by the spread of the coronavirus.
Iran has dramatically increased the capacity to produce face masks following the outbreak of the novel coronavirus, the minister of Industry, Mine and Trade said, noting that the daily output in the country stands at around 6 million masks.
Iran’s First Vice President says the coronavirus took severe revenge on the countries that sought to harm the Islamic Republic by imposing sanctions on the Iranian oil.
President of Iran Hassan Rouhani and the prime minister of Pakistan have called for efforts to resume trade exchanges between the two neighbors following a halt in the wake of the coronavirus outbreak, and discussed the ways to enhance bilateral economic relations in defiance of the US sanctions.
As part of the social distancing plan in Iran and the measures to contain the spread of the coronavirus, the government has made it mandatory for subway passengers to use face masks.
Iran's trade minister says the country’s membership in the Eurasian Economic Union (EAEU) will be an ideal opportunity for the enhancement of trade cooperation...
Iranian President Hassan Rouhani has highlighted the country’s success in dealing with the novel coronavirus outbreak, saying the Islamic Republic has begun to export the health supplies necessary for the fight against COVID-19 after meeting the domestic demand.
Iran’s Minister of Industry, Mining and Trade says the country has inaugurated its largest and most modern aluminum production in Lamard city of southern Fars province.
The head of Iran’s Organisation for Mobilisation of the Oppressed, also known as Basij Mostazafin, says an aid program called Momenaneh is underway in the country to help the needy in the wake of the COVID-19 pandemic.
An Iranian official says the export of non-oil products from the country’s ports in the last Iranian year has increased by 4% compared to a year before.
Iranian oil minister says the OPEC alone cannot solve the problem of the oil market, noting that resolution of the oil market issues requires global cooperation.
Governor of the Central Bank of Iran has called on the International Monetary Fund to maintain its neutrality and review Tehran’s request for an emergency loan at its Board of Directors.
The dramatic plunge in oil prices would not have a huge impact on Iran’s economy, since the country was already prepared for such conditions under the pressure of American sanctions, First Vice President Es’haq Jahangiri says.
Iranian President Hassan Rouhani says Tehran is prepared to transfer its experiences and the equipment needed in fight against the novel coronavirus to neighbouring countries, including the friendly country of Azerbaijan Republic.
Iran’s president has tasked the ministry of economic affairs to facilitate the selling of the shares of major state companies at the stock market as soon as possible.
Iran and Qatar have agreed to work together in the fields of energy and investment, and to seriously pursue mutual economic cooperation after the fallout from the coronavirus pandemic is over.
