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 expects a major boom in trade ties with member states of the Eurasian Economic Union (EAEU) after Tehran gained observer status in the bloc and just months before the two sides enter into a free trade agreement.
Iranian steel producers have achieved a production milestone of 28 million tons of crude steel in the past 11 months, marking a 0.5% increase compared to the same period last year.
The Incheh Borun Free Zone Customs in northern Iran was inaugurated on Friday with the presence of several officials, including Secretary of the Supreme Council of Free Trade, Industrial, and Special Economic Zones, Reza Masroor.
Iran has reached a new milestone in gas production, with a daily output of 865 million cubic meters of sweet gas, surpassing the ministry of petroleum's commitment of 845 million cubic meters.
For the first time in Iran's aviation history, a flight carrying an all-female crew and 110 prominent Iranian women landed at Mashhad International Airport, northeastern Iran.
Iranian President Masoud Pezeshkian has highlighted the necessity of establishing financial mechanisms to enhance trade among D-8 member states to advance the organization’s goals.
The spokesperson for the Iranian Civil Aviation Organization, countering rumors, has confirmed that Iran's airspace is open and that there are no flight restrictions in place.
Data by a major tanker tracking service revealed that Iran’s oil exports to China hit four-month low amid a rise in domestic demand for energy as well as regional tensions that affected the transport and removed customers from the market.
Several Iranian officials, including the government spokesperson, ministers and deputy ministers, and the head of the Environmental Protection Organization, have joined the Two Degrees Less initiative, proposed by President Massoud Pezeshkian to prevent gas pressure drops, power outages, and air pollution during the winter.
As a growing number of Iranian economic leaders stress the importance of joining the Financial Action Task Force (FATF) to enhance the country's global trade share, the head of the country’s Chamber of Commerce has stressed, adding that integrating with FATF would significantly benefit Iran's economy and improve international relations.
The Gas Exporting Countries Forum (GECF) has expressed alarm about Israeli attacks against Iran in recent months, warning that such moves pose serious risks to global energy chain.
Iran has announced a significant increase in the number of weekly flights to the southern island of Abu Musa in the Persian Gulf amidst ongoing tensions with the United Arab Emirates (UAE) over territorial claims.
Iran’s minister of economic affairs and finance has stated that the increase in Tehran’s power in the new world order has enabled the country to play an active role in areas such as combating climate change, technology transfer and joint investments.
The spokesperson for Iran Air, announced the airline’s readiness to resume flights to Beirut, Lebanon, once a ceasefire is established amid the Israeli regime’s relentless aggressions against the Arab country.
Iranian Energy Minister Abbas Aliabadi has announced that there are no power outages currently across the country as the electricity supply has been stable, and sufficient fuel has been secured to prevent any blackouts.
Saeed Tavakoli, CEO of the National Iranian Gas Company, confirmed to an Iranian news agency that the suspension of gas exports to Iraq was requested by the Iraqi side for maintenance purposes.
Governor of the Central Bank of Iran Mohammad Reza Farzin has announced that the digital Rial will begin operations soon. He also stressed that the development of modern banking is one of the central bank’s key ongoing goals.
Iran's Minister of Economic Affairs and Finance Abdolnasser Hemmati is set to travel to Saudi Arabia to attend the 28th annual meeting of the World Association of Investment Promotion Agencies (WAIPA) on Monday.
Tehran has further increased its oil prices for deliveries to private buyers in China despite a regime of Washington's sanctions that restrict normal exports, according to a report.
A former governor of Iran's Central Bank, underscored the potential benefits of Iran's compliance with the anti-money laundering Financial Action Task Force (FATF) standards, particularly in enhancing international banking transactions.
Iran’s state-run Pars Oil and Gas Company has announced that daily production from the South Pars field reached an all-time high earlier this week amid growing demand for natural gas in the country’s electricity sector.
Iran's minister of economy has criticized the continued inclusion of Iran on the Financial Action Task Force (FATF) blacklist, arguing it unfairly labels the country as engaging in money laundering.
