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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.

IFP Exclusive

Iran’s Printing Museum; A Must-See Site for Tourists

Fatemeh Askarieh -
Iran’s Script and Print Museum is one of the most spectacular and fascinating places where a tourist can spend his or her time.
IFP Exclusive

Don’t Play with Lion’s Tail, Iran’s President Tells Trump

IFP Editorial Staff -
Iranian President Hassan Rouhani has advised his US counterpart not to play with fire by voicing frequent threats against the Iranian nation, amid an escalating war of words between Tehran and Washington.
Media Wire

Pilot’s Error Main Cause of Iranian ATR Plane Crash: Official

IFP Media Wire -
An official with the Civil Aviation Organization of Iran blamed the pilot and co-pilot for the February crash of an ATR passenger plane that killed 66 people in southwestern Iran.
Media Wire

Turkey Working to Avoid Negative Impacts of US’ Sanctions on Iran

IFP Media Wire -
Turkey's Foreign Ministry says the country's officials are working to prevent Ankara from being negatively affected by the US move to re-impose nuclear sanctions against Iran in the wake of Washington's withdrawal from a historic nuclear deal signed between the Islamic Republic and the P5+1 group of countries in 2015.
IFP Exclusive

Europeans Make Ridiculous Offer on Buying Iran’s Oil: Report

IFP Editorial Staff -
The Europeans have reportedly put forward a ludicrous proposal on buying Iran’s crude oil as part of their efforts to save the Iran nuclear deal.
IFP Exclusive

Gilan Province, Historical Hub of Silk Farming in Iran

IFP Editorial Staff -
Sericulture or silk farming has been practiced since ancient times in Iran, particularly in the northern province of Gilan.
IFP Exclusive

Iran Ready to Expand Business Ties with D-8 States: FM

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif and the Secretary General of the D-8 Organization for Economic Cooperation, Dato’ Ku Jaafar Ku Shaari, sat for talks on bilateral relations in Tehran.
IFP Exclusive

“EU Allocates $80 Billion Credit to Cooperation with Iranian Firms”

IFP Editorial Staff -
Vice-President of the Iranian Chamber of Commerce says the EU has allocated a huge amount of credit to facilitating trade between Iranian and European small and medium-sized enterprises.
IFP Exclusive

“US Unlikely to Get Tough on Iran before November”

IFP Editorial Staff -
Analysts believe the US is unlikely to become strict with Iran before the by-elections of the US Congress in November given the dire consequences of a possible hike in oil prices.
IFP Exclusive

Iraq to Import Electricity from Saudi Arabia as Iran Stops Exports

IFP Editorial Staff -
Iraqi media say Prime Minister Haider al-Abadi has tasked the country’s Electricity Minister Qassem Al-Fahdawi to travel to Saudi Arabia to negotiate importing electricity from the Arab country.
IFP Exclusive

US Confiscates Millions of Dollars of Iranian Bitcoins

IFP Editorial Staff -
An Iranian figure says the US federal government has so far seized 500 bitcoins owned by Iranian people worth over five million dollars.
IFP Exclusive

India Eager to Continue Buying Crude Oil from Iran: Official

IFP Editorial Staff -
Iran’s Deputy Foreign Minister for Political Affairs Seyyed Abbas Araqchi says Indian officials have expressed their interest in buying Iran’s crude oil despite the US sanctions.
IFP Exclusive

“Iran’s Power Cuts Not Linked with Paris Climate Agreement”

Alireza Hashemi -
An Energy Ministry official has rejected claims by opponents of the Rouhani administration that the recent power shortage across the country is a result of Iran’s fulfilment of its obligations under the Paris Climate Agreement.
IFP Exclusive

Tehran’s Int’l Airport Ready to Send 27,000 Hajj Pilgrims

IFP Editorial Staff -
The first terminal of Tehran’s Imam Khomeini International Airport is ready to dispatch about 27,000 pilgrims from seven provinces to the annual Hajj pilgrimage in Saudi Arabia, an Iranian official said.
IFP Exclusive

“Iran to Use All Its Tools, Resources to Foil US’ Oil Plot”

IFP Editorial Staff -
Iran’s Foreign Ministry Spokesman Bahram Qassemi says the United States’ claim that it will bring Iran’s oil exports to zero is just an exaggeration and empty rhetoric, and Tehran will do its utmost to thwart the plot.
IFP Exclusive

Iran Mulling over Use of Crypto-Currencies to Evade US Sanctions

IFP Editorial Staff -
A senior Iranian lawmaker says digital currencies are among the major mechanisms which the Islamic Republic can use to evade the US sanctions, and the Parliament will soon discuss the issue.
IFP Exclusive

“Trump Trying to Save Saudi Economy by Stopping Iran’s Oil Exports”

IFP Editorial Staff -
An Arab news website says the US President’s bid to halt Iran’s oil exports are mainly aimed at salvaging Saudi Arabia’s sluggish economy.
IFP Exclusive

Iran Leader Discusses Economic Woes with President, Cabinet

IFP Editorial Staff -
Leader of Iran's Islamic Revolution Ayatollah Seyyed Ali Khamenei has summoned President Hassan Rouhani and his cabinet members to discuss ongoing economic woes.
IFP Exclusive

Iran President Urges Immediate Action against Corruption in Car Importation

IFP Editorial Staff -
Iran’s President Hassan Rouhani has called on the Judiciary to seriously deal with the recent offences and financial corruption in importing automobiles.
IFP Exclusive

Erdogan: Turkey Set to Do Trade with Iran Using National Currencies

IFP Editorial Staff -
The Turkish president says his country is determined to conduct trade with Iran, Russia and China using national currencies.
IFP Exclusive

Legislation Watchdog Rejects FATF Amendments to Iran’s CTF Law

IFP Editorial Staff -
The spokesman for Iran’s Guardian Council said the body has rejected the parliament’s legislation amending Iran’s Counter Terrorist Finance law in accordance with standards set by the global anti-money laundering body, Financial Action Task Force.
IFP Exclusive

Iran Says US Sanctions Great Opportunity for Domestic Producers

IFP Editorial Staff -
Iran’s President Hassan Rouhani says the US sanctions could be an opportunity for Iranian producers to increase their output to meet local demand.
IFP Exclusive

Putin Receives Messages from Iran’s Leader, President

IFP Editorial Staff -
A senior advisor to Ayatollah Seyyed Ali Khamenei, the Leader of Iran’s Islamic Revolution, has conveyed his message and that of Iranian President to Russian President Vladimir Putin.
IFP Exclusive

“US, Allies Seeking to Destroy Iran by Sowing Public Dissatisfaction”

IFP Editorial Staff -
Iranian First Vice-President Es’haq Jahangiri says the US and its regional allies are seeking to destroy Iran and make the Iranian nation kneel down by creating public dissatisfaction in the Islamic Republic.
IFP Exclusive

“Saudis Collected 3.5 Million Gold Coins from Iran Market”

IFP Editorial Staff -
An Iranian lawmaker claims the Saudis have sent agents to Iran to collect some 3.5 million gold coins from Iran and transfer them to Iraq in a bid to disrupt the Islamic Republic’s economy.
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