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Iran Business Related News

  • SPGC to boost annual gas output by 7 bcm
    TEHRAN- South Pars Gas Complex (SPGC) plans to increase production of gas by seven billion cubic meters (bcm) in the current Iranian calendar year (which began on March 21, 2019), the managing director of company announced.
  • Trump’s dilemma with Iran: to extend waivers or not!
    These days one of the major factors which is affecting the oil market is the U.S. President Donald Trump’s actions and their consequences. The imposition of sanctions on Venezuela, reimposition of sanctions on Iran, comments on Libya, the impact on Sa...
  • Iran, Bulgaria discuss expansion of trade ties
    TEHRAN- Iran and Bulgaria explored the ways to expand trade relations during the visit of an Iranian trade delegation to Sofia, the news portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) published on Saturday.
  • Tehran, Baku to strengthen industrial relations
    TEHRAN- During the trip of Iranian Industry, Mining and Trade Minister Reza Rahmani to Azerbaijan, the two sides agreed to expand bilateral industry relations, IRNA reported.
  • Japan is talking to U.S. to keep its Iranian oil supply steady: minister
    TEHRAN - Japanese Minister of Economy, Trade, and Industry said his country is trying to convince U.S. to keep buying Iranian oil in order to maintain its energy supplies.
  • Korean SMEs “Go Bankrupt” Due to Sanctions on Iran
    The chairman of Iran-South Korea Joint Chamber of Commerce said following last year’s move by the US to renew sanctions against the Islamic Republic, some Korean companies went bankrupt. Speaking to Tasnim, Hossein Tanhayee pointed to the 70 percent fall in bilateral trade between Iran and South Korea after the re-imposition of the US sanctions […]
  • Over $1.6b to be allocated for flood compensation
    TEHRAN - Head of Iran's Planning and Budget Organization Mohammad Baqer Nobakht announced on Wednesday that at least 70 trillion rials (about $1.66 billion) is going to be allocated for compensating losses incurred to those who have been affected by re...
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