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.
The US administration has beaten its first retreat on planned sanctions against Iran, allowing a gasfield partly owned by the Islamic Republic in the North Sea to keep operating.
Chief of Staff of the Iranian Armed Forces Major General Mohammad Baqeri says the country has made such a big progress in the military drone industry that it is now among top seven powers across the globe.
The Iranian Foreign Ministry has reiterated the need for Tehran’s accession to the convention on Combating the Financing of Terrorism (CFT), saying the country’s failure to do so will provide the US with the pretext to increase its pressure on the Islamic Republic.
The spokesman for Iran’s legislative watchdog says the body will not be intimidated by opponents of Iran’s joining a UN convention against the financing of terrorism, who have in recent days been pressuring the parliament not to approve the plan.
Iran's Minister of Petroleum Bijan Zangeneh dismisses the rhetoric by the Saudi crown prince about Riyadh's capability to replace sanctions-hit Iranian oil, saying that the global market will never believe such claims.
Iranian legislators have passed a bill that gives the government the green light to join an international convention on fighting the sponsoring of terrorism.
A senior Iranian official says the recent rise in oil prices has offset the impact of US sanctions on Iran’s oil exports, with the country’s oil revenues up 16 percent in the past six months.
Governor of the Central Bank of Iran Abdolnasser Hemmati says Tehran and Moscow are seeking to carry out transactions using their national currencies, gradually ditching dollar and other currencies in their trade relations.
A senior Iranian official says the number of tourists who visited Iran in the first six months of the current Iranian year (started March 21) rose by 51 percent compared to the same period in the past year, and that cheap prices is expected to lure more tourists.
The Leader of Iran’s Islamic Revolution Ayatollah Seyyed Ali Khamenei says the country will definitely foil the enemy’s economic plot and overcome the sanctions through unity.
Iran’s oil minister has rejected US President Donald Trump’s remarks that OPEC is to blame for the rise in oil prices, urging Washington to stop trying to hamper Iran’s oil trade if it really wants a drop in global oil prices.
A senior Iranian security official has rejected US objection that Iran’s firing of missiles on ISIS positions in Syria has endangered US troops in Syria, asking what they were doing within three miles of terrorists in the region.
Huge crowds of people are seen in viral photos and videos flocking to foreign currency markets on Monday night to sell their US dollars as its rate went on a downhill spiral and experienced a historic plunge of over 20 percent in a few hours.
A lawmaker says Iran’s energy ministry and vice presidency for science and technology are carrying out a project in Iran’s south-eastern province of Sistan and Baluchestan to ease the region's water problems using an underground river.
Iran’s Foreign Ministry Spokesman Bahram Qassemi says Tehran is closing in on reaching a mutual understanding with Europe, Russia and China regarding different issues including the European financial mechanism.
Iran's judicial officials have handed down death sentences to three people convicted of economic corruption amid an intense anti-corruption campaign launched by the Iranian government to tackle soaring economic problems currently nagging the country.
Iranian Foreign Minister Mohammad Javad Zarif says Tehran is closing in on a deal to sell oil to European nations despite the US threats of sanctions against any countries that do business with Iran.
Either for gaining more income or just for the sake of personal interest, celebrities in Iran – from football players to actors – nowadays have second jobs in various economic fields.
At the end of the harvest season, palm farmers in Iran’s southern province of Hormozgan cook the surplus of the dates and use them to make “Doushab” or date syrup.
A crowd of conservatives gathered in front of the Iranian parliament on Sunday to protest against a bill on Iran’s accession to Combating the Financing of Terrorism (CFT) convention, which is to be put to a vote in the parliament this week.
Lorry drivers in Iran have staged temporary strikes during the recent months, calling on the authorities to increase their wages and control the tyre market, which has put the drivers under great pressure.
Iranian Foreign Minister Mohammad Javad Zarif and his Indian counterpart Sushma Swaraj have discussed ways to expand mutual economic ties between the two sides in a Wednesday meeting in New York.
