Business

Iran FM in Islamabad Calls for Free Trade with Pakistan

On a visit to Pakistan, Foreign Minister Mohammad Javad Zarif says Iran pursues “free bilateral trade” with the neighboring South Asian country.

Iran Air to Recruit Female Pilots for First Time

Iran’s flag-carrier airline Iran Air is set to recruit female pilots for the first time in the country’s history.

Tehran, Belgrade Resume Direct Flights after 27 Years

After a gap of 27 years, direct flights between Iran and Serbia resumed Saturday, when an IranAir jet touched down at Belgrade's Nikola Tesla airport, Serbian media reported.

Iran Must Raise Steel Import Tariff to Counter Trump’s Levy

An Iranian parliamentarian has urged the government to increase tariffs on importing steel, saying that otherwise the US steel tariff hike could negatively affect the Iranian steel industry.

Iran to Run Project to Utilize Deep Underground Water

An Iranian legislator says drilling operations get underway in April, 2018 in southeastern Sistan region to extract deep subterranean waters.

US Using Dollar as Economic Weapon against Other Countries: Iran

A senior Iranian security official says Washington has formally announced that it is using the greenback as an economic tool to impose its will on other countries.

Iran to Send Black Box of Crashed ATR Plane to France

The flight recorder of an ATR 72 plane that recently crashed into a mountaintop in southwest Iran, killing all 65 people on board, is slated to be sent to France to be decoded, a lawmaker said.

Iran Playing ‘Very Important’ Role in Iraq’s Economy: Minister

Iraqi Minister of Electricity Qasim Al Fahdawi has hailed Iran's crucial role in Iraq’s economy, calling on the Iranian companies to play a more active role in reconstruction of the Arab country.

Tehran, Rome Seal Deal on Building Solar Power Station

The Islamic Republic of Iran and Italy have clinched a contract on the construction of a solar power station.

Iran-Russia Joint Economic Commission to Meet in Moscow

Iran’s minister of economy and finance is heading a huge business delegation in an official visit to the Russian capital of Moscow for talks on mutual economic cooperation.

Agricultural Collaboration Could Greatly Boost Iran-France Trade

Iran’s ambassador to France says the agriculture sector could play a big role in increasing trade between Iran and France, as the recent agreements signed between Tehran and Paris have paved the way for closer agricultural cooperation.

Iran Calls for Promotion of Economic Ties with Japan

Iran’s Foreign Minister Mohammad Javad Zarif has called for expansion of mutual economic relations between Tehran and Tokyo.

“Iran FM’s Tour of Balkans to Boost Non-Oil Exports”

An economic official is optimistic that Iranian Foreign Minister Mohammad Javad Zarif’s recent trip to the Balkans could help raise Iran’s non-oil trade, as these countries have shown more willingness to engage in economic collaboration with Iran than western governments.

Iran Central Bank Insists on Ditching Dollar in Transactions

Governor of the Central Bank of Iran Valiollah Seif has written a letter to the Iranian minister of trade and industry to reiterate his earlier calls for removing the US dollar from all business transaction.

Iran Gets Closer to Removal of US Dollar from National Economy

Iran moved a step closer to a plan to ditch the dollar in its trade activities by announcing that purchase orders by merchants that are based on the greenback would no longer be allowed to go through import proceedings.

Iran Reliable Source of Energy for Croatia: Zarif

Iran’s Foreign Minister Mohammad Javad Zarif, in a meeting with Croatian President Kolinda Grabar-Kitarović in Zagreb, said Tehran is prepared to meet the Eastern European country’s oil and gas needs.

Foreign Investment in Iran Growing: Minister

Iran's Minister of Industry, Mines and Trade Mohammad Shariatmadari has highlighted the growing trend of foreign investment in the country.

“Tehran Ready to Boost Value of Trade with Sofia to $1bn”

Iran’s Foreign Minister Mohammad Javad Zarif, in a meeting with Prime Minister of Bulgaria Boyko Borisov, has called for expansion of business ties with Sofia.

Boosting Trade Ties with Iran, Top Priority for Bulgaria: President

Sofia gives great priority to expanding its trade relations with Tehran, Bulgarian President Rumen Radev said, describing Iran as a “very important” country in the Middle East.

Iran, Armenia Discuss Enhancing Energy Cooperation

Iran and Armenia have held the 15th meeting of their Joint Economic Commission to explore ways for further cooperation between the two sides in energy as well as other fields.

Oil Swap Deal between Iran, Iraq Delayed over Safety Issues

An oil swap plan between Iran and Iraq is facing delays due to safety problems, secretary of the Iran-Iraq Chamber of Commerce says.

Senegal’s Police Fleet Upgraded by Iranian-Made Car

Iran Khodro Industrial Group, the country’s biggest car manufacturer, has exported the first consignment of its Dena Plus cars to Senegal to be used in the African country’s police fleet.

Mobile App to Let Iranians Buy Car Fuel Online

A new car fueling system has been launched in Iran based on which the car owners order fuel using a mobile application and receive it wherever they are.

Iran to Build Solar Power Plant with S. Korean Investment

Iran plans to build a new solar power plant in the Zarandieh town of Markazi Province as part of a project mainly funded by a South Korean company.  

Iranian MP Urges Use of Alternative Currencies Instead of Greenback

An Iranian parliamentarian says using alternative foreign currencies in international financial transactions will ease psychological pressure on the dollar market.

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