Business

Iranian MPs to Review Bill on Iran’s CFT Accession

The Iranian parliament is to review a bill on Iran’s accession to Combating the Financing of Terrorism (CFT), which was earlier proposed by the government as part of measures to adopt the standards set by the Financial Action Task Force (FTAF).

Tehran, Moscow, Ankara Agree to Ditch US Dollar in Trade

Governor of the Central Bank of Iran (CBI) says important agreements have been reached with Russia and Turkey on oil sales and ditching the US dollar in bilateral trade.

Iran’s Beauties in Photos: Sunflower Farms of Kurdistan

The fields of Kurdistan province in western Iran are among the most suitable ones for cultivating sunflower, whose seeds are widely used in Iran for oil extraction.

Rouhani Inaugurates Three Petchem Projects in Southern Iran

Iranian President Hassan Rouhani on Tuesday inaugurated three new petrochemicals projects during his visit to the southern city of Asalouyeh in Bushehr Province.

Indian Refiners Allowed to Import Crude Oil Using Iranian Tankers, Insurance

India is allowing state refiners to import Iranian oil with Tehran arranging tankers and insurance after firms including the country’s top shipper Shipping Corp of India halted voyages to Iran due to US sanctions, sources said.

Iran’s Private Firms Called on to Partake in Syria’s Reconstruction

Iranian Foreign Minister Mohammad Javad Zarif and Syrian Prime Minister Imad Khamis have discussed the stronger role of Iranian companies in the reconstruction of the war-torn Arab state.

“US Resolved to Topple Iran Ruling System through Economic War”

Iranian ambassador to the United Kingdom says the US’ all-out economic war against Iran is aimed at overthrowing the Islamic Establishment through fomenting public dissatisfaction.

UK Minister in Tehran to Discuss Business Ties despite US Bans

Iran and Britain are slated to hold a new round of bilateral talks in the Iranian capital Tehran on September 1, defying the US sanctions re-imposed by the Trump administration.

Iran to Dispatch Skilled Workforce to UK, Germany

A senior official says skilled Iranian workforce will be dispatched to Germany and the United Kingdom as part of deals signed with the European countries.

Iran Improves Stevia as Best Alternative to Artificial Sweeteners

Iranian scientists have managed to improve the quantitative and qualitative features of Stevia, a natural low-calorie sweetener, to replace artificial sweeteners.

Iran Holds Festival in Thanksgiving for Blessing of Date Harvest

The city of Minab in southern Iran recently hosted the second edition of the Mogh and Moshta Festival, which is held in thanksgiving for the blessing of date harvest.

Pollution-Hit Tehran Embraces New Bike-Sharing Start-up

A bike-sharing start-up was officially launched in the Iranian capital Tehran on Tuesday, in a move that city officials hope would help ease problems in the densely-populated, highly polluted city.

Iran Developing National Blockchain Platform

An Iranian central bank official says the country is working to create its homegrown, seamless blockchain platform, which will enable the country to create a money transfer network involving Iran and its allies.

Iran Calls for Opening Joint Shipping Line with Qatar

Iranian President Hassan Rouhani has called for further expansion of relations with Qatar, especially by launching a joint shipping line between the two Persian Gulf states.

Iran’s Economy Minister Sacked by Parliament

Iran’s Minister of Economic Affairs and Finance Masoud Karbasian could not survive an impeachment by the Iranian Parliament and will have to leave his office.

Iran in Talks with Russia for Construction of New Nuclear Plant

Iran's Energy Minister Reza Ardakanian says the country has restarted negotiations with Russia to build a new nuclear power plant capable of generating up to 3,000 megawatts of electricity.

Iran Waiting for EU to Guarantee Continued Oil Sales, Banking Ties: FM

Iran’s Foreign Minister Mohammad Javad Zarif says Tehran is still waiting for the European Union’s measures to guarantee the continued sale of Iran’s crude oil and maintaining banking ties with the bloc despite the US bans.

Persian Carpet Exhibition Kicks Off in Tehran

The 27th edition of Persian Handmade Carpet Exhibition was started in the Iranian capital Tehran on Saturday, August 25.

Rouhani Optimistic Iran Could Overcome Existing Challenges

The Iranian president says his government is determined to handle challenges the nation is facing, and he is optimistic the country will succeed in foiling hostile plots, just like the way it managed to discredit nuclear allegations against Iran.

US Still Top Importer of Persian Rugs despite Sanctions

The United States is still the main importer of Iranian carpets despite the sanctions it has imposed on the country’s economy.

US Will Desperately Grant Waivers on Iran Oil Bans: Analyst

Seyyed Mehdi Hosseini, a former deputy oil minister and an energy expert, says the US has no way but to grant sanction waivers to Iran’s oil customers.

Iran Chamber of Commerce Says Tehran Must Join FATF

Iran’s Chamber of Commerce has urged the Rouhani administration to join the Financial Action Task Force (FATF), an international body which develops policies to combat money laundering.

Scorpion Poison Trade: An Emerging Lucrative Business

The trade of scorpion venom has turned into one of the most lucrative emerging businesses in Iran, tempting many opportunists to get engaged in hunting or farming scorpions.

France’s Total Officially Withdraws from Iran’s South Pars Gas Project

Iran’s Petroleum Minister Bijan Zanganeh says French energy giant Total has officially left the country, ending speculations over whether it would stay to finish a gas project following the return of US sanctions against the Islamic Republic.

Iranian Firm Using Nanotechnology in Paint, Coating Industry

An Iranian knowledge-based company producing electrostatic nanostructured powder coatings has managed to use nanotechnology in its paint and coating products.

Latest news