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Iran Business Related News

  • U.S., Saudi plans for replacing Iranian gas in Iraq doomed to failure
    TEHRAN – Considering Iraq’s geopolitical improvements in the past few years, the Iraqi government has been seeking to improve the country’s infrastructure and one of the main areas of focus has been Iraq’s electricity network and power infrastructures....
  • Minerals export rises 7% in 8 months yr/yr
    TEHRAN- The value of Iran’s minerals export during the first eight months of the current Iranian calendar year (March 21-November 21) rose seven percent compared to that of the same period of time in the past year, IRIB reported citing the data release...
  • Iranian MPO, industry ministry ink MOU to create 270,000 jobs
    TEHRAN - Management and Planning Organization of Iran (MPO) and the Ministry of Industry, Mining and Trade signed a memorandum of understanding (MOU) based on which the two sides will allocate 210 trillion rials (about $5 billion) to create 270,000 job...
  • ‘Iran ditches dollar in transactions with several countries’
    TEHRAN- Iran has made mutual monetary agreements with some countries on the way to abolish U.S. dollar in its financial transactions and the issue will be incrementally generalized to other countries in future,” the governor of the Central Bank of Iran...
  • Major water, power projects come on stream
    TEHRAN- Iranian First Vice-President Es’haq Jahangiri inaugurated the first phase of the country’s biggest water desalinization project and a 160-megawatt power plant in the southern province of Hormozgan on Tuesday, IRNA reported.
  • Iran-Iraq trade delegation exchange up 137% in 9 months
    TEHRAN - Iran's commercial attaché in Iraq said the exchange of trade delegations between Iran and Iraq has increased by 137 percent since March, compared to the same period last year.
  • Iran, China resume banking transactions
    TEHRAN- “Iran and China resume their joint banking relations from today”, Deputy Head and speaker of Iran-China Joint Chamber of Commerce Majid-Reza Hariri announced on Sunday, Tasnim news agency reported.
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