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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.

Rouhani's Gov't Downplays Concerns on Total Deal

Rouhani’s Gov’t Downplays Concerns on Total Deal

There is nothing confidential to the parliament about a recent deal Iran has signed with France’s Total, spokesman for the administration said, recommending the MPs seeking suspension of the deal to bear in mind a law binding the administration to attraction of foreign investment.
Iran, Turkey Can Boost Trade Value to $50bn

Iran, Turkey Can Boost Trade Value to $50bn

Iran’s ICT Minister and Chairman of Iran's joint economic commission with Turkey says Tehran and Ankara have the potential to increase the value of their bilateral trade to $50 billion per year.
124 Iranian Planes Crippled, Waiting for Spare Parts

124 Iranian Planes Crippled, Waiting for Spare Parts

A recent media report says about one and a half years after the implementation of the Iran nuclear deal, at least 124 out of 298 planes in the Islamic Republic’s air fleet remain grounded due to the government’s failure to import spare parts from Europe.
IranAir

Iran to Appoint Woman as Head of Flag Carrier Airline

If approved by the Iranian cabinet, a woman is going to take the helm at the country's national airliner Iran Air as the first-ever female Iranian heading the company.

Rice Cultivation in Iran’s Eastern Deserts

Azmighan is located 37 kilometres northeast of Tabas County, South Khorasan province.
ALi Larijani

Iran’s Larijani Calls for Investment in Caspian Sea Oil Extraction

Iran’s Parliament Speaker says there must be no restriction on making investment in extraction of oil from the Caspian Sea.
Iran Sells First Homegrown Catamaran Ship to Turkey

Iran Sells First Homegrown Catamaran Ship to Turkey

Iran has sold its first domestically-made catamaran ship to neighboring Turkey, the managing director of the Arvandan Shipbuilding Company, the manufacturer of the vessel, announced.
Iran-Total Gas Deal Sparks Controversy in Tehran

Iran-Total Gas Deal Sparks Controversy in Tehran

A multi-billion-dollar gas deal signed between Iran and French energy giant Total for the development of Phase 11 of South Pars Gas Field has sparked mixed reactions in Iran.
Iran, Italy to Ink €1.2bn Deal on Railway Development

Iran, Italy to Ink €1.2bn Deal on Railway Development

The Islamic Republic of Iran Railways (IRIR) will sign a €1.2-billion deal with its Italian counterpart Ferrovie dello Stato (FS) to build a high-speed railroad between the central cities of Qom and Arak.
Iran-Total Gas Deal to Facilitate Transfer of Technology: Rouhani

Iran-Total Gas Deal to Facilitate Transfer of Technology: Rouhani

Iranian President Hassan Rouhani says a multi-billion-dollar gas deal signed between Iran and French energy giant, Total, will facilitate the “transfer of technological, scientific and managerial experience” between Iran and France.

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