The US has long been a major market for Iran’s hand-woven carpets but a stack of sanctions imposed in 2010 pulled the rug from under the Persian craftsmanship.
According to Iran's Asghar Fakhriyeh-Kashan, the total value of the contracts with Airbus, Boeing and ATR is less than $18 billion.
The complex developed by Khatam-al Anbiya Construction Headquarters will convert pellets made from iron ore into sponge iron, using the indigenized PERED method.
The Russia-backed Eurasian Economic Union (EAEU) says it expects to sign a temporary agreement with Iran before October over the establishment of a free trade zone with the Islamic Republic.
A new round of talks is underway with the European planemaker for the purchase of dozens of helicopters.
Russia’s Elbin Bank has signed an agreement to invest as much as $100 million in the development of a spa town in northern Iran.
German industrial group Siemens is about to undertake financing rail and power plant projects worth 3 billion euros in Iran, a senior Iranian official says.
A Japanese automaker seeks to take advantage of burgeoning demand for environmentally friendly cars in the country where around 1 million cars are sold annually.
The French carmaker plans to produce more than 150,000 cars a year in Iran, in what is being described as Iran's biggest ever auto deal.
Turkish Economy Minister Nihat Zeybekci was in Tehran where he is expected to discuss using Iran’s lane route to facilitate trade with Qatar, Anadolu quoted him as saying.
Transmashholding will hold an 80% stake in the joint venture, taking over Iran’s Wagon Pars Company to produce railroad cars in the country.
Brazil’s regional jet maker Embraer says it is still waiting for an approval by the US Treasury Department for sales of aircraft to Iran.
Russia’s Sukhoi aviation giant has rejected reports that it has signed an agreement on deliveries of a dozen of its regional jets - Sukhoi Superjet 100 (SSJ100).
A new report says the US sanctions against Iran have failed to prevent the rapid growth of Iran’s tech sector.
EXIM’s Vice President Sun Ping and CEO of the Bank for Industry and Mines Ali Ahraf Afkhami signed the documents in Tehran on Tuesday after “16 months of intensive talks”.
According to a document cited in the European media, the European Commission is proposing duties of up to 23 percent for steel from Iran's Mobarakeh Steel Co.
GTC Managing Director Yazdan Seif says given a 4 percent rise in global prices of wheat, exports were set to help with job creation and economic boom in the sector.
The London-based group says its operations will be managed by a franchisee in Iran where local staff will run the hotels but easyHotel will not risk direct capital investment.
BGF Retail Co has entrusted Iranian home appliances firm Entekhab Investment Development Group to take charge of investment and operation of CU outlets in Iran.
Farzaneh Sharafbafi was named as the new CEO of Iran Air by Minister of Road and Urban Development Abbas Akhoundi on Tuesday.
Under the deal, Italy's Ferrovie dello Stato will build a rail corridor linking the central cities of Arak and Qom. This is the first of several similar projects by FS in Iran.
Iran says it is working on a plan to establish a free trade regime with Turkey.
The exclusive ferroalloys distribution agreement with Iran Ferroalloys Industries Company would give Eusider “the right space to market” Iranian ferroalloys, the company said.
The delivery puts Iran in the elite club of the manufacturers of catamaran, a multi-hulled watercraft featuring two parallel hulls of equal size.
Mohammad Khazaei, the deputy finance minister for investment affairs, says a snapback mechanism that envisaged the return of sanctions against Iran is no longer existent.
The French energy giant’s signing of a $5 billion contract on Monday elicited a fresh wave of interest among international companies for trade opportunities in Iran.
Renato Mazzoncini, CEO of Italy's state railway company Ferrovie dello Stato (FS), will visit Tehran on July 11 to finalize the construction of the 135-kilometer line.
A top German official says the country’ regional banks are providing support to industries that are exporting their products to Iran.
Official figures show the volume of Iran’s non-oil exports to the European Union saw a five-fold increase over the first four months of 2017.
Iran has acknowledged that its exports of petrochemicals to China have hit a snag since May over certain banking problems.
Iran says it has authorized the creation of 10 new airlines within the next six months.
Figures show European aviation major Airbus has won the race in Tehran from its American rival Boeing.
Iran is preparing to launch what could be the country’s most beautiful rail routes at the heart of a multimodal intercontinental transportation project.
The European country says it is ready to expand its banking cooperation with Iran and provide funds for its economic projects.
The body fighting money laundering prolonged a freeze of some of its restrictions on Iran after verifying the Islamic Republic’s continued compliance with its directives.
Iran’s Qeshm Air says it has signed an agreement to purchase 10 planes from Boeing.
Iran says it is exporting over 1,100 tonnes of fresh fruits and vegetables from its southern ports to Qatar every day.
Airbus says it has signed basic agreements with two Iranian airlines over the purchase of a total of 73 planes.
A top trade official in Tehran says Iran can support the food requirements of “10 countries like Qatar”.
Iran’s media say the country is preparing to receive a major credit line worth $13 billion from South Korea for several of its industrial projects within the next few weeks.
An Iranian ship carrying 180 tonnes of fruits and vegetables has been dispatched to Qatar – the first such shipment after Doha was caught in a diplomatic row with its Arab neighbors.
Iran says it has exported its first consignment of wheat after a hiatus of multiple years.
Austria says it has allocated a credit line of €1 billion for a major steel production project in southern Iran.
Iranian officials say the country is already sending at least 100 tonnes of food supplies to Qatar by plane every day.
The Indian government has committed $500 million to Chabahar which lies on the Gulf of Oman, aiming to join an increasingly important transport corridor to the resource-rich regional countries.
Iran has offered to allow Qatar use its southern ports to carry on its vital import activities after the emirate’s Arab neighbors united to isolate it.
The Indian government has given the go-ahead to the country’s Securities and Exchange Board of India (SEBI) to enter into two separate memoranda of understanding (MoU) with securities market regulators of the European Union and Iran.
Russia has announced readiness to electrify a main railway that connects the Iranian capital Tehran to the northwestern city of Tabriz.
The terrorist attacks in Iran’s capital on Wednesday triggered a plunge in share prices in the country’s key stock market and brought down the value of shares by around 67 percent.
Iran has reportedly started talks with Qatar to provide food and water supplies to the Persian Gulf state caught up in a diplomatic row with Saudi Arabia and several other regional Arab states.
A senior Chinese diplomat supports Iran’s membership of the Shanghai Cooperation Organization.
Mahmoud Vaezi, the Iranian minister of communications and information technology, says Russia is Iran’s priority partner in achieving new technologies.
Iranian Minister of Communications and Information Technology Mahmoud Vaezi discussed a free trade pact between Iran and the Eurasian Economic Union (EEU) during a visit to Moscow.
Russia’s President Vladimir Putin said last August that Moscow wanted Iran to join the Eurasian Economic Union (EEU) – a single market led by Russia.
IKIA signed the agreement with Swiss-based ADI Consulting GmbH and the Netherlands Airport Consultant Company (NACO) in Tehran on Saturday.
One of Iran’s leading private banks says it has opened an office in Europe – what could be a sign of fresh openings in the country’s international banking relations after the removal of sanctions.
The World Economic Forum has identified Iran as the world’s most affordable tourism destination for a third straight year.
The official first confirmed back in July 2016 that Iran sought to buy over two dozen planes from the Japanese industrial giant.
The first batch of medium-range planes purchased from the Franco-Italian aviation company arrives at Tehran's Mehrabad Airport.
Major Asian and European credit companies have announced readiness to fund Iran's plane purchases from global aviation giants Airbus and Boeing.
Iran’s Deputy Minister of Road and Urban Development for International Affairs Asghar Fakhrieh Kashan says the first batch of planes from European aviation player ATR would be delivered within the next few days.
New Zealand will soon to resume exports of lamb meat to Iran after a hiatus of almost two decades.
The purchase raised MSC’s stake in Mines and Metals Development Investment Co. (MMDIC) to 35.4%, media reports said on Saturday.
Leaders from 29 countries and ministers and top officials from many others will gather in Beijing for two-day summit starting on Sunday to map out development of the "Belt and Road" initiative.
A Tokyo-based Iranian economist says the Islamic Republic is already doing effective business with three Japanese mega-banks.
Iran says South Africa’s MTN Group will invest in an ambitious fiber optic internet connectivity project which will be launched in eight major cities.
The number of tourists that visited the country last year increased by more than 30 percent from a year earlier, according to a tourism official.
Iran’s President Hassan Rouhani inaugurates a rail link between Tehran and Hamedan – a crucial project which connects the east with the west once fully developed.
Iran says it is planning to hold an international tender to find financers for its plane purchase plans from aviation giants Airbus and Boeing.
Bouygues had signed a memorandum of understanding in January 2016 to build and operate a terminal at IKIA to handle 20 million passengers a year.
Mahan Air is the target of the measure which would require the Trump administration to provide Congress with a list of all airports where the commercial carrier has landed.
Market figures show Iran’s demand for gold rose to a four-year high in the first quarter in what is believed to have been a result of the improvement in the country’s economy.
Official figures show Iran’s imports from China saw a major rise over the past four years in what is seen as a result of the removal of sanctions against the country and the subsequent return of global shipping lines to its ports.
A coal mine explosion in northeastern Iran kills 26 workers, leaves scores wounded
The mass production of a revolutionary version of Dena class of national cars has been launched.
German officials say the Middle East Bank of Iran has received a license to open a branch in the country’s state of Bavaria which hosts a wide range of big industrial names.
French auto giant Peugeot has started the mass production of its latest flagship crossover in Iran – a landmark move that could cement its presence in the Middle East’s biggest vehicle market.
National flag carrier Iran Air says it expects to receive the first of a series of planes purchased from ATR in two weeks.
Iran's foreign minister slams US government for trying to disrupt the country’s cooperation with international banks.
An EU commissioner says Iran’s exports to the bloc have increased by 300 percent after the implementation of the JCPOA.
Managing Director of Ports and Maritime Organization of Iran Mohammad Saeednejad hopes the section would come online after the presidential election in May.
Iran says a plan for the early delivery of a plane from US aviation giant Boeing has been cancelled.
Iran has launched an ambitious project to connect houses to a nationwide fiber optic network.
Germany’s Volkswagen has picked a local Iranian auto company to represent it in one of the biggest markets of the Middle East.
Iran is preparing to host two major economic delegations from the European Union to discuss the prospects for post-sanction banking activities as well as investment in the country’s energy sector.
Russian Foreign Minister Sergei Lavrov says Iran is now ready to be a full-fledged SCO member and that negotiations will be taken up in summer to bring the Islamic Republic to the fold.
A top Iranian industrial official says several top European brands are holding talks to produce household products in Iran through joint ventures with local enterprises.
Iran’s Minister of Roads and Urban Development Abbas Akhoundi says planes purchased from Italian-French aviation player ATR will be used for flights to small airports across the country.
Germany’s largest airline Lufthansa says it has started talks with Iran Air to provide catering, maintenance and pilot training services to the national Iranian airline.
Russia says it expects trades relations with Iran to grow further this year after increasing almost twofold in 2016.
Iran’s media say the country’s private sector is planning to create its own guarantee fund to attract international loans for small- and medium-sized enterprises.