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.
The sharp rise in departure tax, proposed to the parliament in the budget bill for the next fiscal year (starting March 21, 2018), is in part aimed at encouraging the public to opt for domestic trips, but travel experts and officials deem it unattainable.
Carpets are among the things that could be seen at every household in Iran. Also known as Persian rugs, they are made for a wide variety of purposes including home use, local sale, and export.
A Turkish-language website has revealed that the US forces along with the Kurdistan Workers' Party (PKK) militants are smuggling at least 17,000 barrels of oil out of Syria on a daily basis.
Iranian Foreign Minister Mohammad Javad Zarif and his Pakistani counterpart Khawaja Muhammad Asif have discussed issues of mutual interest in the Azerbaijani capital of Baku.
Iran has dismissed media reports that it refused to issue a permit for a plane carrying the Bulgarian Prime Minister to pass through the Islamic Republic’s airspace.
An Iranian lawmaker says Parliament's support for private sector activities in the domestic and international arena can be a significant point for the development of Iran-Italy relations.
Iran's Minister of Communications and Information Technology Mohammad Javad Azari Jahromi says his ministry is determined to fight cell phone smuggling in the country.
An Iranian lawmaker says the member states of Organization of Petroleum Exporting Countries have decided to renew a deal to freeze their oil output with the aim of keeping their production at the current level.
Armenia's Prime Minister Karen Karapetyan says his country attaches special importance to its relations with Iran and is keen to promote mutual economic ties with the Islamic Republic.
An Iranian official says foreign investment in the country has grown by 60% after the conclusion of the nuclear deal between Tehran and the six world powers
A conservative news website says Iran should not allow France to possess the Islamic Republic’s market and send in goods which are already produced by Iran.
Iranian Foreign Minister Mohammad Javad Zarif and Qatar's Economy Minister Sheikh Ahmed bin Jassim Al-Thani have discussed Tehran-Doha business relations in a meeting in Tehran.
A senior Iranian lawmaker says US President Donald Trump’s recent remarks about an embargo against Iran’s crude oil lack legal credibility and violate the nuclear deal between Tehran and world powers.
Iranian Minister of Information and Communications Technology, Mohammad Javad Azari Jahromi, recently visited Malaysia to hold talks on establishing direct banking communication between Iran and Malaysia.
The European Union has provided Iran with a €20 million donation to help it develop safe nuclear energy, said the spokesperson of Atomic Energy Organization of Iran (AEOI).
Iranian business analyst Mohammad-Sadeq Hamidian says if the new Silk Road runs through Iran, the country will enjoy numerous benefits, including higher economic growth and secured regional trade.
Iran's ambassador to Britain says an outstanding debt owed by the UK to Tehran will be transferred to the Central Bank of Iran soon, in what will mark an end to the decades-long legal dispute between the two sides.
