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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 Must Form Consortium with Russia, China, India to Resist US Sanctions”

IFP Editorial Staff -
Conservative newspaper Kayhan has called on the Iranian government to stop relying on the West and form a consortium with Russia, India and China as an alternative to cope with the West’s economic pressure.
IFP Exclusive

Iran to Send Skilled Workforce to Germany

IFP Editorial Staff -
An Iranian official says the country is to dispatch skilled workforce to Germany under an agreement with the European country.
IFP Exclusive

Afghan Immigrants Leaving Iran after Devaluation of Iranian Currency

IFP Editorial Staff -
A huge number of Afghan immigrants and refugees have begun to leave Iran due to the recent decline in the value of the Iranian national currency, arguing that it’s no more cost-efficient to work in the country.
IFP Exclusive

Iran’s Beauties in Photos: Grape Harvest in Khuzestan

IFP Editorial Staff -
The agriculture-rich province of Khuzestan in south-western Iran is home to thousands of vineyards, from which thousands of tonnes of grape are harvested.
IFP Exclusive

Iran Furniture Museum; History of an Industry

Fatemeh Askarieh -
The Furniture Museum of Iran reveals the long history of the industry in the country, and opens a window for the visitors to thousands of years of art and industry in the Iranian territories.
IFP Exclusive

South Korea Rejects Reports on Stopping Oil Imports from Iran

IFP Editorial Staff -
The South Korean embassy in Tehran has rejected the groundless reports on suspending its shipments of Iranian crude oil and gas condensates in July.
IFP Exclusive

Iran Dismisses Claim Germany Holding Its Assets

IFP Editorial Staff -
Iranian Foreign Ministry Spokesman Bahram Qassemi has rejected the baseless claim that Germany has blocked parts of the Islamic Republic’s financial assets.
IFP Exclusive

World Powers Reaffirm Commitment to Continuation of Iran’s Oil Exports

IFP Editorial Staff -
Russia, China, Germany, France, and the UK have reaffirmed their commitment regarding a number of objectives including the continued export of Iran’s crude oil despite the US’ bid to cut the Islamic Republic’s oil revenues.
Media Wire

IRGC Prepared to Put into Action Rouhani’s Threat on US Oil Bans

IFP Media Wire -
Iran's Islamic Revolution Guards Corps (IRGC) says it stands ready to put in action President Hassan Rouhani's latest position that if Tehran were not able to export its crude oil through the Strait of Hormuz, no other country would be able to do so.
IFP Exclusive

‘Sultan of Gold Coins’ Arrested in Tehran

IFP Editorial Staff -
Iranian police forces have arrested a man who had hoarded about two tonnes of gold coins over a period of 10 months.
IFP Exclusive

EU Parliament Allows European Investment Bank to Work with Iran

IFP Editorial Staff -
EU lawmakers allowed the European Investment Bank (EIB) on Wednesday to do business in Iran despite the US sanctions on the Islamic Republic, keeping alive plans to save the 2015 nuclear deal with Tehran after the US withdrawal.
IFP Exclusive

Major Project Inaugurated to End Water Crisis in Southern Iran

IFP Editorial Staff -
A huge water transfer project named Ghadir II became operational in southern Iran on Wednesday night, ending the residents’ water problem after long time.
IFP Exclusive

General Soleimani Praises Rouhani’s “Timely, Wise” Remarks

IFP Editorial Staff -
IRGC Quds Force Commander Major General Qassem Soleimani has thanked Iranian President Hassan Rouhani for his recent remarks on the US’ bid to cut Iran's oil exports as well as his comments on the Zionist regime of Israel.
IFP Exclusive

Iran Nuclear Deal Key to Global Peace, Security: Rouhani

IFP Editorial Staff -
Iranian President Hassan Rouhani has described the Iran nuclear deal as a great diplomatic achievement whose survival is in the interests of the global peace and security.
IFP Exclusive

Tehran, Bern Sign Several MoUs in Switzerland

IFP Editorial Staff -
Iran and Switzerland signed a number of Memorandums of Understanding on Tuesday to expand their mutual relations in various areas.
IFP Exclusive

Two Options Left for Rouhani: Resignation or Cabinet Reshuffle

Alireza Hashemi -
With discontent among Iranians over economic hardships on the rise and protests breaking out against the government over a plunge in people’s purchasing power, the performance of the Cabinet has come to the spotlight.
IFP Exclusive

Rouhani Says It’s Impossible to Block Iran’s Oil Exports

IFP Editorial Staff -
Iranian President Hassan Rouhani says it is impossible to cut Iran’s oil exports while other regional states keep exporting their oil.
Economy

“Anti-Iran Sanctions, Chance to Boost Local Brands”

IFP Editorial Staff -
Iran’s minister of cooperatives, labour and social welfare says the US sanctions are an opportunity for Iran to revive its domestic brands.
IFP Exclusive

Top Iranian Entrepreneurs Rewarded at “National Brand, National Might” Congress

IFP Editorial Staff -
The most successful business firms and entrepreneurs were rewarded in a ceremony held in Tehran on Monday.
IFP Exclusive

Trump’s Bid to Bring Iran’s Oil Exports to Zero Impossible Dream

IFP Editorial Staff -
Iran’s First Vice-President Es’haq Jahangiri says Washington’s claim that it will reduce Iran’s oil sales to zero by November is impossible to come true.
IFP Exclusive

FATF Extends Suspension of Counter-Measures against Iran until October

IFP Editorial Staff -
The Financial Action Task Force says it has decided to continue the suspension of its counter-measures against Iran, but Tehran needs to enact amendments to its AML and CFT laws and ratify the Palermo and TF Conventions by October.
IFP Exclusive

Iranian President Opens 2nd Phase of Persian Gulf Star Refinery

IFP Editorial Staff -
President Hassan Rouhani on Thursday launched the second phase of Persian Gulf Star refinery in southern province of Hormozgan.
IFP Exclusive

Iran Rejects Rumours of Exporting Water to Kuwait

IFP Editorial Staff -
Iran's energy minister says the country has no plan or decision to export water to other states amid the ongoing water tension.
Media Wire

“US Can Never Stop Other Countries from Buying Iran’s Oil”

IFP Media Wire -
An Iranian oil official says removing Iran’s crude oil from the market is impossible after the US said it expected oil buyers to completely cut off purchases of Iranian supplies in early November.
IFP Exclusive

Iran Leader Urges Judiciary to Prosecute Those Disrupting Economy

IFP Editorial Staff -
The Leader of Iran’s Islamic Revolution Ayatollah Seyyed Ali Khamenei has ordered the country’s Judiciary to take serious measures against those who disrupt the country’s economic security.
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