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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.

Media Wire

IRGC Installs Last Platform in South Pars Phase 14

IFP Media Wire -
The last platform of Phase 14 of Iran’s giant South Pars gas field was held in place by Iranian technicians on Saturday.
Media Wire

Iran Suspends All Flights to/from China over Coronavirus Threat

IFP Media Wire -
Iranian Minister of Health Saeed Namaki says Iran has temporarily halted all flights to and from China as the novel coronavirus, which originated in the Chinese city of Wuhan, spreads across the country and the rest of the world.
IFP Exclusive

President Highlights Iran’s Progress under Sanctions

IFP Editorial Staff -
President Hassan Rouhani has praised the Iranian nation for withstanding the foreign pressures, saying his administration has managed to complete dozens of major development projects despite the tough sanctions.
IFP Exclusive

Iran’s Trade Turnover Over $72bn in 10 Months

IFP Editorial Staff -
An Iranian senior official says the value of Iran’s imports and exports during the past ten months has been over 72 billion dollars, which shows a rare increase in value.
IFP Exclusive

Tehran-Mahshahr Flight Skids Off Runway; No One Hurt

IFP Editorial Staff -
The Tehran-Mahshahr Flight 6936, a Boeing MD plane operated by Caspian Airline, slid off the runway and stopped in the middle of a road in Mahshahr on Monday, with no casualties reported.
IFP Exclusive

Istanbul-Bound Flight Makes Emergency Landing in Tehran

IFP Editorial Staff -
Iran Airtour Airline’s Flight 9716 destined for Istanbul suffered a technical problem minutes after take-off, but managed to land at Mehrabad Airport safely.
IFP Exclusive

Iran’s Petropars Developing South Pars Gas Field Alone

IFP Editorial Staff -
Iranian Minister of Petroleum Bijan Zangeneh says the Iranian energy company Petropars is now developing the Phase 11 of South Pars Gas Field alone after China’s CNPC International and France’s Total fully abandoned the project.
Business

Bushehr: A Great Place to Visit for Fishermen

IFP Media Wire -
There are many people who are passionate about fishing, especially since today it’s widely practiced as a form of leisure and there are multiple accessories that can be used to make the entire experience more comfortable. 
IFP Exclusive

Iraqi Kurds Arriving on Kish Island on Direct Flights

IFP Editorial Staff -
Direct flights have been officially launched between Iraq’s Sulaymaniyah and Iran’s Kish Island, and the first passenger plane carrying the Kurdish tourists landed on the Persian Gulf island earlier this week.
Business

What Floor Is Best to Have in Your Home

IFP Media Wire -
It's hard to take off your eyes from attractive tile flooring. Tiles have been the most favoured options for long and have in used in bathrooms as well as the dining areas, kitchens, entryways, mudrooms, and hallways, laundry rooms in recent years. 
IFP Exclusive

Iran’s Exports to Eurasia Up by 75 Percent: Official

IFP Editorial Staff -
The Chief of Iran Trade Development Organization Hamid Zadboum says Iran’s exports to Eurasian countries have increased by 75 percent in value between March and November 2019. 
IFP Exclusive

Iran Unveils Homegrown Simulator for Airbus A320

IFP Editorial Staff -
Iranian Vice President for Science and Technology Sorena Sattari has unveiled a homegrown flight simulator for Airbus A320 passenger jetliner.
IFP Exclusive

FM Zarif Addresses Indian Industrialists in Mumbai

IFP Editorial Staff -
Iran's Foreign Minister Mohammad Javad Zarif, along with the Industry and Mines Minister of Maharashtra State, attended a gathering of Indian industrialists in Mumbai.
IFP Exclusive

FM Zarif Meets Iranian, Indian Entrepreneurs in Mumbai

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif had a meeting with over 200 Iranian and Indian businesspeople, merchants, and entrepreneurs upon arrival in Mumbai.
IFP Exclusive

Iran to Open Pavilion at Omani Energy Exhibition

IFP Editorial Staff -
The knowledge-based companies from the Islamic Republic of Iran are going to take part in the Oman Petroleum & Energy Show (OPES) in March 2020.
Business

Top 5 Famous Companies Founded by Iranians

IFP Media Wire -
Iranian stores are slowly increasing their role in trading goods across the world, says Financial Tribune. According to the head of the National Union of Chain Stores, Amir Khosro Fakhrian, about 25,000 people currently work in 2,500 chain stores in Iran. These numbers continue to grow. Let’s pay closer attention to them.
IFP Exclusive

Iran FM, Indian PM Discuss Business Cooperation

IFP Editorial Staff -
Iran's Foreign Minister Mohammad Javad Zarif has met with Indian Prime Minister Narendra Modi in New Delhi.
IFP Exclusive

Crashed Ukrainian Plane Black Box to Be Decoded in France: Iran

IFP Editorial Staff -
An Iranian official says data on the black box of the Ukrainian plane that was mistakenly shot down by Iranian air defence systems near Tehran last Wednesday will be decoded in France.
IFP Exclusive

Truck Radial Tire Plant Opened in Iran’s Ardabil

IFP Editorial Staff -
President of the Islamic Republic of Iran has inaugurated a factory producing radial tires for trucks.
IFP Exclusive

Expediency Council Opposes Iran’s Accession to CFT, Palermo Convention

IFP Editorial Staff -
Top authorities at Iran's Expediency Council have adamantly opposed the Islamic Republic’s accession to the Palermo Convention and Combating the Financing of Terrorism (CFT) treaty, describing them as threats to the national security.
IFP Exclusive

Iran’s Development to Continue Despite Sanctions: Vaezi

IFP Editorial Staff -
A senior Iranian official says the country will continue its development despite all the sanctions and pressures imposed by the United States.
IFP Exclusive

Iran to Electrify Motorcycles to Reduce Air Pollution: Minister

IFP Editorial Staff -
Iran’s energy minister says the country plans to electrify motorcycles in metropolises as part of a technical-economic program to reduce air pollution.
IFP Exclusive

Iran Says Barriers to Transit Ties with Neighbours Removed

IFP Editorial Staff -
Iran’s minister of roads and urban development says all transit and customs issues between the Islamic Republic and the neighbouring countries have been resolved, and the Iranian fleet can now move to Europe and China.
IFP Exclusive

Rouhani Visits Exhibition of Iran’s Petrochemical Achievements

IFP Editorial Staff -
Iranian President Hassan Rouhani has toured the country’s latest products, findings, technologies and achievements in the field of petro-chemistry in a visit to an exhibition held in Tehran.
IFP Exclusive

‘Europe Surprised by Export of Iran-made Laboratory Equipment’

IFP Editorial Staff -
The Austrian journal EuroPages in a report has expressed wonder that Iranian scientists have been able to make products that compete with those of large companies from Germany, South Korea, the United States and Britain and take their market share worldwide.
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