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Iran Business Related News
Industrial unit establishment permits rise 19% in 5 months
TEHRAN- Issuance of permits for setting up industrial units in Iran increased 19 percent during the first five months of the current Iranian calendar year (March 21-August 22) compared to the same period of time in the past year, IRIB reported citing t...
Iran, Azerbaijan considering border areas for joint industrial parks
TEHRAN – Governor of Ardebil Province in northwest of Iran met with Azerbaijan’s deputy economy minister on Saturday and visited some border regions which have been selected for establishing joint industrial parks, IRNA reported.
Iran capable of boosting electricity exports to Afghanistan
TEHRAN – Iranian Energy Minister Reza Ardakanian said the country is cable of boosting its electricity exports to Afghanistan under the framework of the two sides’ energy agreements, IRIB reported on Saturday.
Iran’s 5-month tobacco exports rise 10 folds
TEHRAN - Exports of tobacco from Iran have increased by nearly 10 times in the first five months of the current Iranian calendar year (March 21- August 22), Press TV reported citing the data released by Iran’s Ministry of Industry, Mining and Trade.
TEDPIX down 3,402 points in a week
TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), has fallen 3,402 points to 309,647 during the five working days of the past Iranian calendar week (Saturday to Wednesday), Tasnim news agency reported.
U.S. extends sanction waiver for Iraq to continue gas, electricity imports from Iran
TEHRAN - The U.S. has extended a waiver on Iran sanctions, granted to Iraq first in November, to let the Arab country continue gas and electricity imports from Iran for another four-month period, Press TV reported on Thursday, quoting a senior U.S. off...
Path for legal trade with Iran open: BICC
TEHRAN - Vice-President of the British-Iranian Chamber of Commerce (BICC) Richard Dalton said on Friday that the channel for legal trade with Iran is still open despite U.S. sanctions against the country.