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 and Armenia have signed two memoranda of understanding in a Wednesday ceremony attended by President Hassan Rouhani and visiting Armenian Prime Minister Nikol Pashinyan.
Iranian Vice-President for Women and Family Affairs Massoumeh Ebtekar says women in Iran are actively engaged in an economic campaign aimed at cushioning the impact of the cruel sanctions imposed by the United States against the Iranian nation.
Iranian President Hassan Rouhani says his administration has managed to create over three million job opportunities during the past five years he’s been in office, but that’s far behind what the society needs.
Commander of the Islamic Revolution Guards Corps (IRGC) Navy Rear Admiral Ali Reza Tangsiri said as long as Iran is able to export its oil via the Strait of Hormuz, the waterway would be open.
Iran’s flag carrier Iran Air has purchased three Airbus passenger planes from Hungary and added them to its fleet, after the US sanctions prevented it from receiving the brand new Airbus and ATR planes it had purchased.
Iran’s nuclear chief says the Financial Action Task Force’s extension of its anti-Iran measures shows the global anti-money laundering body doesn’t want to create a “deadlock” in its relations with Iran.
The global anti-money laundering body, the Financial Action Task Force (FATF), on Friday gave Iran until June to come into compliance with anti-terror financial measures or said it will face tougher financial oversight.
The Iranian president's chief of staff has rejected rumours that this week’s hike in the value of foreign currencies in Iranian markets was planned by the government as part of efforts to meet FATF guidelines, saying the government would not “play games” with people’s livelihood.
Despite sanctions imposed on and restrictions created for Iran's economy, arrangements for membership of the Islamic Republic in the Eurasian Economic Union have been made, said Iran's Energy Minister.
The German ambassador to Tehran has denied the allegation that the European Union has set conditions for implementing its special purpose vehicle for trade with Iran, but at the same time noted that European banks would not work with Tehran if the country fails to adopt the FATF standards.
The commander for IRGC Navy says Chinese ships fishing in Iran’s territorial water must leave, as they have endangered the livelihood of Iranian fishermen.
Iran on Sunday unveiled a home-grown semi-heavy submarine capable of firing cruise missiles, adding it to the fleet of the Iranian Army’s naval forces.
Iran’s Expediency Council was once failed to reach a consensus over a parliamentary bill on Iran’s accession to the United Nations Convention against Transnational Organized Crime, as members have postponed voting on the FATF-related bill.
South Korean Foreign Minister Kang Kyung-wha has expressed her country’s willingness to maintain its friendly relations with the Islamic Republic of Iran despite the anti-Iran pressures.
A senior government official has argued for quick approval of two parliamentary bills required for Iran to get out of the blacklist of the global anti-money laundering body (FATF), saying Iran should not put its foreign relations at risk at a time when the US is bent on hurting the country’s foreign relations.
Iranian Foreign Ministry Spokesman Bahram Qassemi has reacted to media reports about the reason why Iran has not been invited to attend an upcoming meeting of the Financial Action Task Force (FATF) in Paris.
Russia, Kazakhstan and Iran have signed a memorandum of understanding for cooperation in wheat trading, taking another step towards setting up a free trade zone.
In spite of US sanctions to bring Iranian oil exports to zero, statistics show that in the first nine months of the current Iranian year, the Islamic Republic has managed to yield $6.5 billion from crude oil sales, up 48.9% year-on-year.
A senior lawmaker says Iranian officials will in coming weeks start debating a structural shakeup of the economy, which had been stressed by Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei.
