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.
Following a national currency swap deal that was recently implemented, Iran and Turkey are now pursuing the integration of bank cards in a move aimed at helping the massive flow of tourists traveling between the two nations.
Iran says an experimental model of an Iranian cryptocurrency has been developed based on the block-chain technology, and can significantly facilitate financial transactions in the country when created.
Two Iranian airlines have signed separate Memorandums of Understanding with Russia’s major aircraft manufacturer Sukhoi to purchase 40 Sukhoi Superjet 100 passenger planes.
An Iranian lawmaker has warned about the destruction of regional ecosystem by Turkey’s GAP (South Eastern Anatolian) Project, saying that the dam construction project is a Zionist plot.
Iran will use Qatar to facilitate payment orders in foreign currencies, phasing out such operations in Dubai where restrictions imposed by the UAE government are making financial transactions difficult.
The Islamic Republic of Iran is to produce different types of passenger vessels to further develop marine tourism in its northern and southern bodies of water.
Citizen Investment Programs have turned into a popular option for people across the world, especially for business travellers who don’t have to wait for weeks or months for the visa to be approved.
Iranian President Hassan Rouhani has defended his government’s plan to unify official and free market exchange rates for the Iranian currency rial against the US dollar, saying it foiled a plot hatched by Washington to foment economic instability in Iran.
A passenger plane en route from Malaysia to Turkey has made an emergency landing at Tehran’s International Imam Khomeini Airport over a Malaysian passenger’s medical situation.
An information bot has been developed to offer special services to the passengers at Tehran’s Imam Khomeini International Airport, a senior official announced.
The Iranian government has decided to replace the US dollar with euro in its international transactions in a move to prevent the greenback’s fluctuations from negatively affecting the Iranian economy.
Iran will resume direct flights between Tehran and the Iraqi city of Erbil from April 27 after a six-month hiatus which saw Baghdad and its neighbors impose an air ban on the regional Kurdistan government over a secession bid.
Iran’s Foreign Minister Mohammad Javad Zarif and Uruguayan President Tabaré Vázquez have called for expansion of collaborations in various fields, particularly banking and agriculture.
The Governor of Iran’s Central Bank Valiollah Seif says the government eyes replacing the US dollar with the euro in its international transactions and the idea has been welcomed by the Leader Ayatollah Khamenei.
Tehran’s police chief says 12 unlicensed dealers accused of disrupting Iran’s currency market have been arrested on Tuesday, as part of measures to stabilise the rial that has been going down in recent weeks.
After long debates over the naming of an important part of Tehran after Iran’s most famous prime minister, the City Council finally changed Tehran’s Naft (oil) street to Mohammad Mosaddeq, the man who nationalized Iran’s oil industry.
Iran’s Foreign Minister Mohammad Javad Zarif, at the end of his visit to Brasilia, held a meeting with Brazilian President Michel Temer before leaving the country for Montevideo.
Iran’s Foreign Minister Mohammad Javad Zarif and his Brazilian counterpart Aloysio Nunes have inked several documents of cooperation in the South American state’s capital.
Iran’s Foreign Minister says the lack of banking relations between Tehran and Brasilia is one of the major obstacles to the development of mutual ties, stressing that a solution must be found for the problem.
