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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.

IFP Exclusive

Iran Arms Embargo to Be Lifted by 2020 If JCPOA Saved: Rouhani

IFP Editorial Staff -
The arms embargo against the Islamic Republic will be lifted next year if the 2015 nuclear deal with world powers survives, says Iranian President Hassan Rouhani, describing it as a great achievement.
IFP Exclusive

New Large Oil Field Discovered in Iran: President Rouhani

IFP Editorial Staff -
The Iranian president says a large new oil field with proven reserves of 53 billion barrels of crude has been discovered in the country.
IFP Exclusive

Caspian Sea Generous Source of Income for Local Fishermen

IFP Editorial Staff -
With the arrival of autumn, fishermen on the coast of Caspian Sea look out for the generosity of the sea and go through it to catch fish.
IFP Exclusive

FATF Bills: In the Interest or to the Detriment of Iran?

IFP Editorial Staff -
A senior Iranian economic activist believes that the approval of the bills proposed by the Iranian government to adopt the standards set by the global anti-money laundering watchdog FATF can be very useful in the current situation.
IFP Exclusive

Pomegranate Harvest Season Celebrated in Iran’s Yazd

Fatemeh Askarieh -
In many Zoroastrian-majority villages of Iran, including those in Roodbar, Qazvin, Gilan, Kurdistan, and Isfahan, people celebrate the arrival of autumn and its mythical fruit with festivities such as the pomegranate harvest celebration.
Asia

China, US Agree to Roll Back Tariffs on Each Other’s Goods

IFP Media Wire -
China and the US have agreed to proportionally roll back tariffs on each other’s goods in phases, a Ministry of Commerce spokesman said.
IFP Exclusive

Farmers in Shahreza Start Harvesting Pomegranate

IFP Editorial Staff -
Local farmers in the town of Shahreza in Isfahan province, central Iran, have started harvesting pomegranate.
IFP Exclusive

Iranian Delegate Attending China Imports Exhibit in Shanghai

IFP Editorial Staff -
An international exhibition on Chinese imports has opened in Shanghai, with several Iranian representatives in attendance.
Business

How Can Iranian Businesses Best Localize Content to Open New Global Markets?

IFP Media Wire -
Despite all the innovation emerging from the latest generation of Iranian entrepreneurs, growth is complicated when communicating with foreign language markets.
IFP Exclusive

Iran Mass-Producing Submarine Missiles: Army Commander

IFP Editorial Staff -
Commander of Iranian Army Navy says the country launched an underwater missile for the first time last year and today it is mass-producing the technology.
IFP Exclusive

Iran, Armenia Discuss Energy Trade

IFP Editorial Staff -
The Oil Minister of the Islamic Republic of Iran and the Republic of Armenia’s Minister of Territorial Administration and Infrastructures discussed the exchange of natural gas and electricity between the two neighbors.
IFP Exclusive

Iran Says Ready to Link Kyrgyzstan, Uzbekistan to Global Markets

IFP Editorial Staff -
First Vice President Es'haq Jahangiri says Iran is a major hub of transit in the world and can connect Central Asian states, including Kyrgyzstan and Uzbekistan, to the global markets.
IFP Exclusive

Iran to Export Electricity to Syria Through Iraq: Minister

IFP Editorial Staff -
Iran’s energy minister says Tehran and Damascus are working on a framework for long-term cooperation in the electricity sector, including a plan to export Iran's power to the Arab country through Iraq.
IFP Exclusive

Top Banker Refutes US Claims, Says Iran’s Exports Growing

IFP Editorial Staff -
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati has dismissed the US officials’ claim that sanctions have greatly diminished Iran’s oil exports, saying the Islamic Republic is boosting exports and its foreign trade is thriving despite the sanctions.
IFP Exclusive

Iran, Iraq Connect National Electricity Grids

IFP Editorial Staff -
Iran and Iraq have connected their national electricity grids in a ceremony with the participation of the Islamic Republic’s energy minister and the Iraqi deputy minister of electricity.
IFP Exclusive

Iran to Open First National Trade Office in Russia

IFP Editorial Staff -
A senior Iranian official says Iran’s first National Trade Office in Russia will be opened by the private sector in two months’ time.
IFP Exclusive

Iran Set to Boost Value of Trade with Turkey to $30bn

IFP Editorial Staff -
A senior Iranian official says Tehran and Ankara enjoy close and strategic relations, adding the two sides aim to bring mutual trade to $30 billion.
IFP Exclusive

Iran Joins Railroad Project Connecting China to Europe

IFP Editorial Staff -
Iran and four other countries have signed a cooperation document on a major railroad corridor stretching from China to Europe.
IFP Exclusive

Iran to Use Vegetation to Clean Oil-Contaminated Areas

IFP Editorial Staff -
Researchers at the University of Tehran have managed to identify and introduce native plants that can be used in refining the contaminated soil of oil-rich Gachsaran County in southern Iran.
IFP Exclusive

New Vaccine Made in Iran to Save Rainbow Trout

IFP Editorial Staff -
An Iranian knowledge-based company has produced a recombinant antiviral drug that will prevent the death of an important species of salmon.
IFP Exclusive

Iran-Eurasia Preferential Trade Deal Goes into Effect

IFP Editorial Staff -
A preferential trade agreement between Iran and the Eurasian Economic Union (EEC) has come into force.
IFP Exclusive

World’s Most Expensive Scarf Is Made of Silk and Tar

IFP Editorial Staff -
The world’s most expensive scarves are made of silk, tar, and oil in the town of Oskoo in the northeastern Iranian province of East Azarbaijan.
Media Wire

Iran Minister Boycotts IMF Meeting in US after Colleagues Denied Visa

IFP Media Wire -
Iran’s Minister of Economic Affairs and Finance Farhad Dejpassand has cancelled a trip to the United States earlier this month to attend a high-profile international meeting after Washington denied visas for members of his visiting delegation.
IFP Exclusive

Iran Says Ready to Build Power Plants in Azerbaijan

IFP Editorial Staff -
Iran's President Hassan Rouhani has held talks on a wide range of issues with his Azeri counterpart Ilham Aliyev in Baku.
Media Wire

People, Global Trade Put at Risk by US Sanctions: Zarif

IFP Media Wire -
Iranian Foreign Minister Mohammad Javad Zarif warns that the sanctions imposed by the United States against member states of the Non-Aligned Movement (NAM) have put hundreds of millions of people at risk and hampered global trade.
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