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.
Dozens of Italian businesspeople and entrepreneurs on Thursday attended a business meeting of Iran-Italy Joint Chamber of Commerce and the General Confederation of Italian Industry in the Italian capital of Rome, and were briefed on business opportunities in Iran.
Iranian Foreign Minister Mohammad Javad Zarif said Tehran is frustrated by the slow pace of EU moves to help Iran reap the full benefits of the JCPOA after Washington’s pullout from the international deal.
Iran’s deputy oil minister says Europe’s special payment channel, known as Special Purpose Vehicle (SPV), may be set up in France to facilitate trade with Tehran.
Iranian saffron farmers have started harvesting their products since a few days ago, when the harvest season started across Iran, the top exporter of the Red Gold.
An exhibition of vintage cars was recently held in the city of Isfahan in central Iran, attracting a huge number of visitors and tourists in a rainy weekend day.
The Piaram date of Hajiabad and the Siahoo tangerine of Bandar Abbas have been registered internationally by the World Intellectual Property Organization (WIPO).
Iranian President Hassan Rouhani says Tehran and Baghdad are determined to raise the value of their bilateral trade to $20 billion per year, from the current $12 billion.
A senior lawmaker says Iran has changed the pattern of its oil exports to cope with the unjust US sanctions, which are aimed at cutting the exports down to zero.
Market figures in Iran show the prices of the US dollar and gold – two key drivers of consumer prices - have been declining over the past week in what is seen as a clear defiance against earlier predictions that sanctions could trigger a price shock in the country.
Iranian Deputy Foreign Minister Seyyed Abbas Araqchi has travelled to the Italian capital Rome to hold talks on Europe’s special payment mechanism, known as Special Purpose Vehicle (SPV), which is aimed at enabling Iran to enjoy the economic benefits of the Iran nuclear deal.
The Iranian parliament’s National Security and Foreign Policy commission has summoned Foreign Minister Mohammad Javad Zarif to clarify his controversial remarks about “rampant” money laundering in Iran, which have drawn angry reactions from political and media circles.
A top Iranian Navy commander shrugged off US threats against the Islamic Republic and said the Armed Forces are fully ready to guarantee the security of the country’s oil tankers in international waters.
All the 700,000 barrels of crude oil released at Iran’s energy bourse were sold out at a rate of $64.97 in the second phase of supplying the Iranian crude oil through the market.
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.
