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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.

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Iran Traditional Taxi Industry to Launch Ride-Hailing App

Tehran’s Taxi Organization will launch its own app in the near future in an attempt to claim back its market share from local ride-hailing applications Snapp and TAP30, the head of the organization announced.
France Economy Minister

France to Give Loans to Companies Investing in Iran

Finance Minister Michel Sapin announced that Paris is working on plans to issue direct loans to companies that want to invest in Iran.
hellicopter

Iran Unveils ‘Saba 248’ Utility Chopper

Iran has unveiled a new utility helicopter capable of serving both military and civilian purposes.
zarif and jews

Resilient Economy Requires Int’l Cooperation: Iran’s FM

Iranian Foreign Minister Mohammad Javad Zarif says a resilient and sustainable economy requires cooperation at all sub-regional, regional and international levels, and the IORA provides its member states with a great opportunity to enhance their economic ties.
Qucik car Iran's Saipa

SAIPA Unveils Iran’s Cheapest Car with Auto Transmission

Iranian auto manufacturer SAIPA unveiled a new small hatchback car called the ‘Quick’ on March 6 in Tehran in a ceremony attended by high-ranking officials.

Americans Allowed to Open Bank Accounts in Iran: Official

A source close to the Central Bank of Iran announced that Americans who live in Iran can open bank accounts in the country.
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Ambitious Project to Connect Europe to India Closer to Reality

Azerbaijan officially launched a rail link with Iran on Sunday by sending a train across the border to Iran’s northern city of Astara thus taking an ambitious multimodal transport project that connects northern Europe to India closer to reality.
Russian car manufacturer

Russian Carmaker UAZ to Launch Assembly Line in Iran

A Russian trade website says a leading automobile manufacturer is set to establish an assembly line in Iran in 2018.
Financial Standards

Iranian MP Calls for Use of Int’l Standards in Banking Transactions

An Iranian lawmaker underlined the need for using global financial standards in Iran’s economy so that the country’s international banking and economic relations can develop.
economy

MP Calls for Use of IFRS to Boost Foreign Investment in Iran

An Iranian MP has emphasised the need to use the international accounting standards in order to attract foreign investors to Iran.

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