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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 Exporting Nano-Socks, Textiles to Iraq, Turkey

IFP Editorial Staff -
An Iranian company has managed to export more than $1.5 million worth of nano-made textiles including Nano-socks.
IFP Exclusive

Iran Condemns US Trade War on China

IFP Editorial Staff -
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.
Media Wire

Oil Price to Hit $100 Once First Bullet Fired in Persian Gulf: Iran

IFP Media Wire -
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.
IFP Exclusive

Iran Exporting Nano Towels to Iraq, Azerbaijan, Georgia

IFP Editorial Staff -
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.
IFP Exclusive

Iran, Turkey to Establish Joint Bank to Promote Trade

IFP Editorial Staff -
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.
IFP Exclusive

Iran Files Complaint against Int’l Airports Refusing to Fuel Aircraft

IFP Editorial Staff -
Iran has filed an official complaint with the International Civil Aviation Organization (ICAO) against international airports that refuse to fuel Iranian aircraft.
IFP Exclusive

Iran’s Defence Ministry to Help Carmakers Overcome Sanctions

IFP Editorial Staff -
Iran’s defence minister says the country’s military engineers are ready to help carmakers overcome problems caused by the US sanctions.
IFP Exclusive

Iran Best Way for Transit of Tajik Goods: Rouhani

IFP Editorial Staff -
Iranian President Hassan Rouhani says the Islamic Republic can be the safest and best transit route for goods imported to and exported from the Republic of Tajikistan.
IFP Exclusive

Iran’s Nano Pipe Exports Increased by 60 Percent

IFP Editorial Staff -
An Iranian knowledge-based firm says it has increased the country’s exports of nano pipe products by 60 percent during the last Iranian calendar year.
IFP Exclusive

Iran Develops Homegrown Waste-to-Energy Machine

IFP Editorial Staff -
An Iranian knowledge-based company has developed the first fully homegrown machine to turn trash into electricity.
IFP Exclusive

Iran Blames Turkish Traders for Rising Prices of Agricultural Produce

IFP Editorial Staff -
A senior Iranian agriculture official says one of the reasons behind a sudden rise in the prices of agricultural produce in Iran is Turkish businessmen who come to Iran to buy products wholesale.
Media Wire

President Rouhani Invited to Attend GECF Gas Summit

IFP Media Wire -
President of Equatorial Guinea Teodoro Obiang Nguema Mbasogo sent a message to his Iranian counterpart, Hassan Rouhani, inviting him to participate in the Gas Exporting Countries Forum (GECF) 2019 meeting due to be held in the African country in November.
IFP Exclusive

Iran Exempts Travel Agencies from VAT to Promote Tourism

IFP Editorial Staff -
Travel agencies taking tours to Iran have been exempted from paying Value-Added Tax (VAT) upon the order of First Vice President Es’haq Jahangiri in a bid to increase the number of foreign tourists visiting the country.
IFP Exclusive

German Companies Staying in Iran despite US Pressures

IFP Editorial Staff -
Dozens of German companies have continued to cooperate with Iran and keep their offices in the country open despite the US pressures and sanctions.
Media Wire

Iran Denies Closure of British-Iranian Chamber of Commerce

IFP Media Wire -
Iran’s ambassador to London denied a report about closure of the British Iranian Chamber of Commerce, saying the chamber is doing its activities normally and has only morphed into a “virtual and digital” establishment due to rising rents in London.
IFP Exclusive

Iranian Inventors Develop Solar-Powered Loaders

IFP Editorial Staff -
A group of Iranian inventors have, for the first time in the world, developed solar-powered hydraulic loaders.
Media Wire

Iran Says Ready to Connect Pakistan’s Gwadar to Chabahar Port

IFP Media Wire -
Iranian Foreign Minister Mohammad Javad Zarif says he is putting forward a "proposal" during his ongoing trip to Islamabad for connecting Pakistan's Gwadar port to its "complementary" port Chabahar in southeastern Iran.
IFP Exclusive

US Says Iraq Can Buy Energy from Iran

IFP Editorial Staff -
The US embassy in Baghdad says Washington has exempted Iraq from some anti-Iran sanctions and Baghdad could buy energy from the Islamic Republic.
IFP Exclusive

Iran’s Beauties in Photos: Sorkheh Wheat Fields

IFP Editorial Staff -
The nature of Sorkheh County in Iran’s Semnan province, 170 km from Tehran, looks stunningly beautiful especially in these days of spring.
IFP Exclusive

Iranian Woman Turns into Entrepreneur after Retirement

IFP Editorial Staff -
A retired Iranian lady has created jobs for more than 1,000 people by launching her own business, and is running a campaign against the US sanctions.
IFP Exclusive

Iranian Villager Establishes Museum of Agriculture

IFP Editorial Staff -
An old Iranian villager has collected various agricultural instruments to establish a museum at his home.
IFP Exclusive

Iran Strongly Condemns Herat Railway Mine Blast

IFP Editorial Staff -
Iranian Foreign Ministry Spokesman Seyyed Abbas Mousavi has strongly denounced a terrorist mine explosion at Khaf-Herat railway, which resulted in the martyrdom and injury of several Iranian and Afghan nationals working on the project.
IFP Exclusive

Iran, Iraq Reach Agreement on Dredging Arvand Rud

IFP Editorial Staff -
Iran and Iraq have signed the proceedings of a meeting held on Sunday to dredge the border river of Arvand Rud.
Selected

How Used Tesla’s Could Skyrocket in Value to over $250,000

IFP Media Wire -
One of the biggest thrills of buying a new car is to know no one else has ever driven it and of course that new car smell. On the flip side, one of the biggest drawbacks is watching your vehicle's value plummet 5% to 10% each year.
IFP Exclusive

World’s Largest Copper Tray Built in Iran’s Zanjan

IFP Editorial Staff -
A senior Iranian official says the world's largest copper tray has been built in Iran’s Zanjan province upon the order of the Emir of one of the Persian Gulf states.
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