Business

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.

IFP Exclusive

Iran, Tajikistan Discuss Economic Cooperation in Tehran

IFP Editorial Staff -
The Islamic Republic of Iran and the Republic of Tajikistan have held the 13th meeting of the two countries’ joint commission on economic cooperation in Tehran.
IFP Exclusive

Iran Urges Closer Cooperation among Gas Producing Countries

IFP Editorial Staff -
The fifth summit of the Gas Exporting Countries Forum (GECF) was recently held in Equatorial Guinea.
IFP Exclusive

Iran Welcomes More EU States Joining INSTEX

IFP Editorial Staff -
Iran's Deputy Foreign Minister for Political Affairs Seyyed Abbas Araqchi has hailed the reports that six other European countries are joining the special financial mechanism known as INSTEX, saying that Tehran hopes the move will give new energy to the mechanism and make it operational.
IFP Exclusive

Economist Explains Reasons for Advocating Fuel Rationing in Iran

IFP Editorial Staff -
One of the most fervent advocates of new regulations on fuel consumption in Iran says a series of public protests in the wake of a recent hike in the price of subsidized gasoline had other social reasons.
IFP Exclusive

Kenya Calls for Joint Ventures with Iran in Housing Sector

IFP Editorial Staff -
Kenya has invited Iran to take part in housing projects in the African country.
IFP Exclusive

Iran Ready to Implement Development Projects in Algeria

IFP Editorial Staff -
Iran’s Minister of Roads and Urban Development has expressed Tehran’s preparedness to implement development projects in Algeria saying that Iran is willing to transfer its experience of modern technologies to the African nation.
IFP Exclusive

Iran Reveals Details of $5 Billion Loan from Russia

IFP Editorial Staff -
Iran’s energy minister says the country has already received a $2.2-billion loan from Russia and the remaining $2.8 billion would be paid to Iran in the next month.
Media Wire

Operation Underway to Stop Leak Off Iranian Rig

IFP Media Wire -
Iranian authorities say a major leak that has taken place off an oil rig in the Persian Gulf waters is being contained as they insist more work would be needed to stanch the expanding spill.
IFP Exclusive

Iran President Opens Key Railway Near Turkey

IFP Editorial Staff -
President Hassan Rouhani on Wednesday officially inaugurated the Mianeh-Bostan Abad Railway during his visit to East Azarbaijan Province.
IFP Exclusive

Iran Develops Homegrown Electric Motor Soft Starter

IFP Editorial Staff -
An entrepreneur in Iran’s East Azarbaijan province has built a soft starter which runs electric motors.
IFP Exclusive

Iran to Export 17 Medicines to Russia

IFP Editorial Staff -
An Iranian official has unveiled plans for the export of 17 types of high-tech pharmaceuticals to Russia.
IFP Exclusive

Iran, Syria Discuss Cooperation on Roads Construction

IFP Editorial Staff -
Ministers from Iran and Syria have discussed the ways to promote cooperation between the two countries in the housing and road construction sectors.
IFP Exclusive

Iran, Syria to Cooperate on Housing, Urban Development

IFP Editorial Staff -
Syria's Minister of Public Works and Housing Suhail Mohammad Abdul Latif has discussed bilateral relations with Iranian Deputy Foreign Minister for Economic Affairs Gholam-Reza Ansari in Tehran.
IFP Exclusive

Iranian Company Develops Cutting-Edge Textile Technology

IFP Editorial Staff -
An Iranian company has become the world’s second firm to develop a state-of-the-art technology in the textile industry.
IFP Exclusive

Iran Foils Enemy’s Plot to Launch Major Attack on Its Oil Pipelines

IFP Editorial Staff -
Iran says it has managed to foil the enemies' plot to blow up the country’s oil pipelines in Asalouyeh, apparently hatched in retaliation for Yemeni forces’ September attack on Saudi Arabia’s Aramco oil facilities.
IFP Exclusive

Cash Subsidies Paid to 60m Iranians after Gas Price Hikes

IFP Editorial Staff -
A senior Iranian official says cash subsidies to improve the Iranian people’s livelihoods have been paid to some 60 million citizens in the past few days after gasoline prices were tripled.
IFP Exclusive

President, Speaker, Judiciary Chief Hold Meeting on Fuel Price Hikes

IFP Editorial Staff -
The recent decision to triple the fuel prices, which has caused sporadic protests across the country, was discussed on Saturday in a meeting of the Supreme Council of Economic Coordination.
IFP Exclusive

Demonstrators Take to Streets to Protest Fuel Price Hike in Iran

IFP Editorial Staff -
Sporadic protests have erupted in various Iranian cities on Saturday one day after gasoline prices were tripled without any earlier announcement.
Media Wire

Iran Substantially Raises Gasoline Prices

IFP Media Wire -
Iran has begun rationing on the purchase of gasoline and substantially increased the price of fuel in a move to assist the needy.
IFP Exclusive

Iran Ready for Talks with Anyone If Its Interests Met: Rouhani

IFP Editorial Staff -
Iranian President Hassan Rouhani says Tehran is prepared to sit at “any negotiating table” if the talks are necessary for serving the country’s national interests.
IFP Exclusive

Iran’s First Woman Airport Chief Talks of Her Job’s Ups & Downs

IFP Editorial Staff -
It’s been a few months that an Iranian woman named Parvaneh Sohrabi has been appointed as the first female airport manager in Iran and in the Middle East.
IFP Exclusive

President Rouhani Inaugurates Sponge Iron Plant in Kerman

IFP Editorial Staff -
Iranian President Hassan Rouhani has opened the Sponge Iron Production Plant of Baft, a city in Kerman province, with a production capacity of 800,000 tonnes.
IFP Exclusive

Iranian Farmers Start Harvesting Saffron

IFP Editorial Staff -
Farmers in various parts of Iran have started harvesting saffron with the arrival of autumn, the annual time for harvesting the “red gold”.
IFP Exclusive

Iran Oil Minister Gives Details of Newly-Discovered Oilfield

IFP Editorial Staff -
The Namavaran oilfield recently discovered in Khuzestan Province, south-west of Iran, is the country's second largest reservoir, Iranian Minister of Petroleum Bijan Namdar Zangeneh said.
IFP Coverage

Tips for Proper Estate Planning

IFP Media Wire -
If something were to happen to you today, how would the overall financial profile be handled and who would make the final call? The fact that half of the population are missing an active will just shows how important estate planning can be in the event that tragedy should occur.
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