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 spokesperson addressed the issue of Iran's adherence to the Financial Action Task Force (FATF) regulations, stressing the need for Iran to demonstrate that it does not engage with global terrorist groups and pave the way to improve the economic situation.
Iran plans to combat fuel smuggling through a new smart monitoring system, CEO of the National Iranian Oil Refining and Distribution Company (NIORDC), Mohammad Sadegh Azimi-Far, has announced.
Iran's non-oil exports have shown a significant increase, reaching $47.8 billion over the first ten months of the current fiscal year. That’s According to Iran’s Minister of Economy Abdolnasser Hemmati.
A former Iranian representative to the OPEC Board of Governors, emphasized the need for Iran to pursue new trade opportunities with countries threatened by the US, rather than solely relying on nuclear negotiations for economic relief.
Iranian Foreign Minister Seyed Abbas Araghchi has announced that the comprehensive strategic partnership signed on Friday between Iran and Russia is primarily economic in nature.
The Iranian executive vice president says that the government is persistently pursuing the approval of the Financial Action Task Force (FATF), which will significantly reduce the pressures resulting from sanctions.
A former deputy governor of the Central Bank of Iran has pointed out that China closed Iran's bank accounts due to Tehran's non-compliance with the Financial Action Task Force (FATF).
The head of the Iranian government's Information Council has announced that joining to the Financial Action Task Force (FATF) is once again on the agenda to facilitate smoother international relations.
Iranian Oil Minister Mohsen Paknejad has stated that the Islamic Republic is planning to invest up to $120 billion in petroleum projects as the country seeks to increase its oil and gas production to respond to a rising demand for energy.
The value of Iran's foreign trade with the Eurasian Economic Union (EAEU) countries reached $2.7bn billion from the start of the Persian year (beginning on March 20, 2024), according to Foroud Asgari, the head of Iran's Customs Administration.
The head of Iran's Export Confederation, has stressed the critical importance of Iran joining the Financial Action Task Force (FATF) for the development and strengthening of foreign trade.
A member of the Motalefeh Party in Iran has said the country needs to reconsider its views regarding the acceptance of the FATF (Financial Action Task Force) regulations that are aimed at fighting money laundering at an international level.
The first private oil dock in South Pars, located in Kangan, southern Iranian province of Bushehr, has commenced operations with the successful fueling of a Bangladeshi ship.
Innovators from an Iranian knowledge-based company have successfully produced advanced polymer manufacturing devices, which have received purchase orders from Tajikistan, Kazakhstan, Iraq, and Turkey.
Iran’s President Masoud Pezeshkian emphasized that resolving the country’s economic challenges is impossible without the active involvement of the private sector.
Iranian steel producers have achieved a production milestone of 28 million tons of crude steel in the past 11 months, marking a 0.5% increase compared to the same period last year.
The Incheh Borun Free Zone Customs in northern Iran was inaugurated on Friday with the presence of several officials, including Secretary of the Supreme Council of Free Trade, Industrial, and Special Economic Zones, Reza Masroor.
Iran has reached a new milestone in gas production, with a daily output of 865 million cubic meters of sweet gas, surpassing the ministry of petroleum's commitment of 845 million cubic meters.
For the first time in Iran's aviation history, a flight carrying an all-female crew and 110 prominent Iranian women landed at Mashhad International Airport, northeastern Iran.
The spokesperson for the Iranian Civil Aviation Organization, countering rumors, has confirmed that Iran's airspace is open and that there are no flight restrictions in place.
Several Iranian officials, including the government spokesperson, ministers and deputy ministers, and the head of the Environmental Protection Organization, have joined the Two Degrees Less initiative, proposed by President Massoud Pezeshkian to prevent gas pressure drops, power outages, and air pollution during the winter.
