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.
Iran’s University of Urmia and a Kazakh company have signed a contract to transfer the technical knowledge of processing of Artemia cysts from Iran to Kazakhstan.
The UK government has reached an agreement with Bank Mellat to settle a $1.6-billion damages claim brought by the Iranian bank after 10 years of negotiations.
Iranian Oil Minister Bijan Zanganeh says today's conditions are harder than those of the wartime, because at the time of war Iran did not have problem in oil exports.
Russia’s Energy Minister Alexander Novak says further development of mutual ties between Iran and Russia will contribute to regional peace and stability.
Eight cooperation agreements have been signed by representatives of Iran and Isfahan during a ceremony attended by Iran's Energy Minister Reza Ardakanian and his Russian counterpart Alexander Novak.
Iran’s oil minister has disagreed with a plan to postpone an upcoming meeting of the Organization of the Petroleum Exporting Countries (OPEC), saying Iran would prefer July 10-12 if a new date is to be set for the gathering.
Iranian Minister of Labour Mohammad Shariatmadari has left Tehran for the Swiss city of Geneva to attend the 108th session of the International Labour Conference.
Iran’s Energy Minister Reza Ardakanian says the country will soon announce the implementation of its agreement with the five members of the Eurasian Economic Union on free trade, which will make Iran a member of the Eurasia Free Trade Zone.
Iranian Parliament Speaker Ali Larijani says the financial mechanism proposed by the EU to normalize economic ties with Iran after the US withdrawal from the 2015 nuclear has not yet been translated into reality, and is only on paper.
An email has been sent to many Iranian economic players and brands asking them to pay for an annual celebration marking the 93rd birthday of the British Queen Elizabeth II in Tehran through a certain channel.
The visit of Japanese Prime Minister Shinzo Abe to Tehran amid the current heightened tensions in Iran-US relations serves as a reminder of a historic move by Japan’s government in the years after the World War II to circumvent the brutal sanctions imposed by the Great Britain on Iran’s national oil industry, an op-ed by Iranian newspaper Shargh said.
Iranian firefighters have managed to contain a fire that engulfed the 9th platform of South Pars Gas Field, the world's biggest natural gas field, located in the Persian Gulf.
The Trump administration is now weighing sanctions on Iran’s counterpart to the European special-purpose vehicle for humanitarian trade, Bloomberg says.
Turkish President Recep Tayyip Erdogan has called for further expansion of mutual ties between Iran and Turkey in various areas including economy in the wake of the US sanctions against Tehran.
Iran’s oil minister says Tehran is going to remain a member of the Organization for Petroleum Exporting Countries (OPEC) even though some members have joined the United States in using oil as a weapon to put pressure on Iran as one of the founders of the organization.
Iran’s Foreign Ministry spokesman has censured the United States’ trade war on China, saying that it is necessary for Washington to seriously rectify its approach towards global trends and the growth in power of other world players.
A senior Iranian commander has dismissed the United States’ aggressive posturing against Iran, reasoning that any potential confrontation in the Persian Gulf would instantly increase oil prices to over 100 dollars per barrel, something that Washington and its allies would not be able to endure.
An Iranian knowledge-based company has managed to export over 70 tonnes of anti-bacterial nano-towels, worth $600,000, to Georgia, Iraq, and Azerbaijan.
Iran and Turkey are reportedly planning to establish a joint bank to promote trade in the face of the US sanctions campaign against the Islamic Republic.
Iran has filed an official complaint with the International Civil Aviation Organization (ICAO) against international airports that refuse to fuel Iranian aircraft.
