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News and reports about all things to do with commerce, trade, banking and industry in Iran and the world. Covering ongoing developments, market news, contracts, joint ventures, trade delegations, chambers of commerce, manufacturing, labour news and resource management.

Porsche Panamera Catches Fire in Tehran Highway

Porsche Panamera Catches Fire in Tehran Highway

A Porsche vehicle has caught fire along a highway in the Iranian capital, Tehran. The fire has reportedly flared up in the engine and spread through the console wiring.

Iran, France’s Alstom Sign Deal for Building Railroad Cars

French transport company Alstom has signed a joint agreement for the construction of metro and suburban railroad cars in Iran.
Iran, Saudi Arabia Trade

Iran, Saudi Arabia Trade Volume Stands at Zero: Official

An Iranian official says the trade volume between Iran and Saudi Arabia stands at zero and the two sides have no economic relations with each other.
Bus Equipped with Evaporative Cooler Unveiled in Iran

Bus Equipped with Evaporative Cooler Unveiled in Iran

Iran has unveiled a bus equipped with evaporative cooler in the extremely hot and dry province of Sistan and Baluchestan in the country’s southeastern.
Which Markets in Iran Are Most Profitable

Which Markets in Iran Are Most Profitable?

Which are the most profitable markets for investment in Iran? This is perhaps the main question lingering in the minds of all investors and even those who are seeking to launch a business in Iran with their savings.
Auto Show to Open in Iranian City of Shiraz

Auto Show to Open in Iranian City of Shiraz

One of the most famous car exhibitions in Iran is scheduled to open this week in the south-central city of Shiraz.
Iraq Needs to Import Iran’s Natural Gas: Minister

Iraq Needs to Import Iran’s Natural Gas: Minister

Iraq says it needs to import natural gas from Iran to operate its power plants within the next seven years.
Iran Gas Deal with Total Continues to Stir Controversy

Iran Gas Deal with Total Continues to Stir Controversy

The $4.8bn gas deal between Iran and a consortium led by the French energy giant Total over the development of Iran’s South Pars Gas Field has remained a top story in the Iranian media ten days after the signing ceremony.

Iran Locates Sites for Tidal Power Generation

Iranian scientists have identified at least 10 prime sites in the Persian Gulf for production of electricity from the ebb and flow of the regional water.
Zanganeh

Iran Oil Minister Raps MPs for Opposing Total Deal

Iran’s oil minister has criticized a number of lawmakers for their opposition to a recent gas deal between Iran and the French energy giant Total.

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