Business

Iran, South Africa Hold Business Forum in Pretoria

Iranian Foreign Minister Mohammad Javad Zarif has participated in the Iran-South Africa Business Forum held in the African country's capital, Pretoria, on Monday.

Iran to Launch First Air Taxi Service in Two Months

The first air taxi service in Iran is going to be established in the north-eastern city of Bojnourd within the coming months, an Iranian official announced.

Iran, Turkey Ink Deals to Boost Scientific, Environmental Ties

High-ranking officials from Iran and Turkey inked two agreements in a bid to boost cooperation between the two neighboring countries in diverse fields, including science and technology as well as environment.

Iran Taking Tourists on Tours of Saffron Harvest

Iran’s South Khorasan province annually hosts numerous foreign tourists during the season when saffron and barberry are harvested.

Iran’s President Calls for Enhanced Ties with Uzbekistan

Iranian president has highlighted the huge capacities for expansion of Tehran-Tashkent relations, saying the two states should cement their age-old ties in all fields.

Czech Republic Interested in Investing in Iran’s Steel Industry

A senior official from the Czech Republic has voiced Prague’s interest in investing in the Iranian steel industry given the significant progress the Islamic Republic has made in this area.

Norway Solar Firm Inks $4bn Deal with Iran

A Norwegian solar company has defied US President Donald Trump’s call for further isolation of Iran by signing a deal to invest €2.5 billion ($4 billion) in the country over the next five years.

US Firms Can Do Business with Iran If Trump Allows Them to: Minister

Iranian petroleum minister says the Islamic Republic’s doors are open to American firms if President Donald Trump allows them to do business with Iran.

Iran, Russia Clinch Deal on Financing Projects

The Central Bank of the Islamic Republic of Iran and the Russian Agency for Export Credit and Investment Insurance (EXIAR) have signed a memorandum...

‘Trump Practicing Magic Trick on Iran Nuclear Deal’

An Iranian newspaper says the US is distracting the world’s public opinion by ‘pretending’ to be against the nuclear deal between Iran and the P5+1, while hatching plots with the EU to make the most profit out of Iran’s lucrative market.

Iran, Uzbekistan Discuss Promotion of Ties in All Fields

Iran's Foreign Minister Mohammad Javad Zarif and his Uzbek counterpart Abdulaziz Kamilov have discussed issues of mutual interest in a meeting in Tehran.

‘Foreigners More Resolved to Work with Iran after Trump Rhetoric’

An Iranian minister says Trump’s anti-Iran comments have made foreigners more determined to cement their economic cooperation with Tehran.

Iraq’s Internal Divisions Impacting Global Oil Market

While Iran’s nuclear deal is grabbing the international headlines, oil market experts are mainly concerned with the internal divisions in Iraq, particularly the conflict over the secession of Iraqi Kurdistan as the main element which can influence the global oil prices.

Tehran Stock Exchange Market Unaffected by Trump’s Speech

Unlike earlier estimations, Tehran Stock Exchange market has not only remained unaffected by the anti-Iran rhetoric of US President, but also has ridiculed his rhetoric by showing a significant growth in some terms.

Iran Exports 31,000 Tonnes of Macaroni Wheat to Italy

Iran has exported 31,000 tonnes of quality durum wheat to Italy for the first time, in another sign that the country’s food security drive is on target.

Iran Turns Oil-Polluted Lands into Green Belts

Iranian experts have managed to eliminate oil pollution from groundwater in Asaluyeh region in southern Iran by using local microbes, an official said.

‘JCPOA Violation to Have Little Impact on Iran’s Economy’

An Iranian lawmaker says the annulment of the JCPOA will have little bearing on Iran’s economy as the Islamic Republic is shifting away from the greenback and common European currencies.

217 Iranian Villages Generating Solar Energy

Over two hundred villages in are generating solar energy to meet their power needs and the number is expected to surpass 300 by the end of this year’s Iranian calendar year (mid-March 2018).

Iranian MPs Pass 8 Bills on Economic Cooperation with Other Countries

An Iranian MP says lawmakers have passed several bills that would facilitate economic cooperation between Iran and other countries.

Ban on Kurdistan Airports Causing Daily Loss of $60,000

Baghdad’s ban on the arrival and departure of foreign flights at/from Kurdistan airports has reportedly caused a loss of 50 to 60 thousand dollars a day.

Iran, Ukraine to Form Joint Economic Commission

Iran and Ukraine have decided to establish a joint economic commission as part of efforts to enhance the level of Tehran-Kiev economic cooperation.

Iran’s Economic Growth Rate Stands at 12.5 Percent: IMF

The International Monetary Fund has in its latest World Economic Outlook announced that Iran's economic growth rate in 2016 was 12.518% year-on-year and its unemployment rate rose to 12.450%, while the inflation rate fell to 9.03%.

Governor of Iran’s Central Bank to Visit US

Governor of Central Bank of Iran, Valiollah Seif, is going to travel to the United States in order to attend the International Monetary Fund’s autumn session.

FAO to Sign Contract with Iran’s Agriculture Ministry

Food and Agriculture Organization of the United Nations known as FAO is going to sign an agreement with the Islamic Republic of Iran to boost agricultural productivity of the country using a satellite imagery tool.

S. Korea, Germany to Finance Development of Iran’s Electric Trains

Iran’s Deputy Minister of Roads and Urban Development says South Korea and Germany will provide funds for the development of electric trains in the Islamic Republic.

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