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 top diplomat has once again argued for Tehran’s adoption of standards set by the global anti-money laundering body, saying concerns that FATF accession harms national security interests are baseless and Iran’s failure to get itself out FATF blacklist would mean Tehran has shot itself in the leg.
The chairwoman and CEO of Iran’s flagship carrier Iran Air says the company will negotiate with any supplier, including the Russian Sukhoi, that can sell aircraft and plane parts to Iran without an OFAC licence.
Baharestan village in the Iranian northeastern city of Sabzevar is one of the main centres of grape syrup production. Over 30 tonnes of grape syrup are annually produced in the village in Khorasan Razavi province and exported abroad.
Iran’s legislation watchdog, the Guardian Council, has rejected a bill on Iran’s accession to the Combating the Financing of Terrorism (CFT) convention, which had been passed by the Parliament.
Iran’s Civil Aviation Organisation has expressed its protest at a Turkish company’s unilateral decision to refrain from providing fuel for Iranian passenger planes at Istanbul’s Ataturk International Airport.
Sour or red tea used to be an imported product introduced to Iran mainly from Saudi Arabia, but in recent years it has been cultivated in some parts of Iran.
The US administration has reportedly agreed to allow eight countries – including Japan, India and South Korea – to keep buying crude oil from Iran after it re-imposes sanctions on the OPEC producer on Nov. 5, a senior administration official said.
Iranian Foreign Minister Mohammad Javad Zarif is set to leave Tehran for Turkey today to attend a ministerial meeting of the D-8 Organization for Economic Cooperation.
Officials in New Delhi say the United States has agreed to grant India a waiver from Iran sanctions so that the country would be able to maintain imports of crude oil from the Islamic Republic.
India, Iran and Russia will meet next month to discuss the operation of a 7,200 km trade and transport corridor that presents a cheaper and shorter alternative to the traditional route through the Suez Canal.
Iran, Afghanistan, and India believe the Chabahar port in south-east of Iran, which is being developed by Indian investors, will play a vital role in the future economy of region, particularly in that of the crisis-hit Afghanistan.
The next round of economic sanctions on Iran, which will start going into effect on Nov. 4, will mainly target the country’s oil and gas industries. These sanctions were eased after the 2015 signing of the Joint Comprehensive Plan of Action (JCPOA), commonly known as the Iran nuclear deal, but are being phased back in following President Donald Trump’s decision to withdraw from the accord six months ago.
Iran’s President Hassan Rouhani has urged the country’s trade partners to think twice before fearing the US sanctions, saying Washington’s pressures are temporary while Tehran’s relations with its trade partners are permanent.
Managing a business’s cash flow situation is a daunting task for any business owner. Even the most profitable and financially successful companies experience cash flow issues when the executive and managerial board fails to handle the business’s investing activities, business operations, and finances efficiently.
Iranian Foreign Minister Mohammad Javad Zarif, on behalf of the Iranian government, attended a ceremony held on Monday to open Istanbul's new international airport.
Iran has started supplying its crude oil to the private sector through its energy bourse, a local market which provides Iranian and foreign tradesmen with a chance to purchase Iran’s crude oil and export it to the international markets.
The Iranian capital of Tehran recently hosted an exhibition of clothes dedicated to the commemoration of Ashura, the anniversary of the martyrdom of third Shiite Imam, Hussein ibn Ali, who was martyred some 14 centuries ago.
Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati says Iran and Europe will set up the special payment channel aimed at bypassing the US sanctions in the near future.
Iran’s ambassador to the United Kingdom has, in a tweet, taken a jab at his American counterpart for his efforts to dissuade British companies from doing business with Tehran.
An IRGC unit in charge of the body’s economic operations announced on Wednesday it has left Iran’s telecommunications industry, after selling its share in a consortium controlling Iran’s top telecoms companies and biggest mobile phone operator.
