Iran's Minister of Roads and Urban Development Abbas Akhoundi says his ministry and the world's leading turboprop manufacturer ATR are in the final stages of a passenger plane deal.
An Iranian minister says $8.5 billion in foreign investment have been approved by the Organization for Investment and Technical Assistance of Iran in the post-sanctions era, of which $5.5 billion pertains to the industry and mining sector.
The head of Swedish trade delegation to Iran announced that Scania and Volvo, giant Swedish car manufacturers, will establish their production lines inside the Islamic Republic.
Iran’s first hydrographic and oceanographic survey ship called Persian Gulf Explorer was launched after being delivered to National Institute for Oceanography and Atmospheric Science.
An Iranian parliamentarian says the implementation of the deal between Iran and the giant American plane-manufacturer Boeing is under a cloud of doubt.
By charging higher taxes on import of computer games to Iran, $3.1 billion would be allocated to game production in Iran this year, an Iranian MP says.
In a Tuesday visit to Alborz Province, President Hassan Rouhani inaugurated ‘Zar Grain Refinery’ as the largest of its kind in the Middles East and the first one in Iran.
Iran Air has published the image of an Airbus A330, which is said to be parked in France’s Chateauroux-Centre “Marcel Dassault” Airport and painted in the flag carrier’s livery.
In a ceremony attended by Iran’s First Vice-President, 23 individuals were awarded the “Amin al-Zarb” badge of entrepreneurship for their distinguished role in fostering economic empowerment.
Plans are underway to raise the value of the national ‘Amin al-Zarb’ medal to the level of Nobel Memorial Prize in Economic Sciences, said a senior Iranian trade official.
Iran Air has reportedly received the first Airbus A321 passenger plane it had purchased from the giant airplane manufacturer Airbus in a deal that ended decades of sanctions against Iran’s aviation industry.
An Iranian official says besides international conferences, Iran’s mining sector needs to work on its imperfect infrastructure and data systems to attract international investors.
South Korea’s Daewoo Shipbuilding and Marine Engineering Company (DSME) – the world’s second biggest shipbuilding companies – has announced a major deal to develop a construction yard in Iran.
The World Customs Organisation’s Centre of Information and Security has introduced Iran as the world’s third country in the fight against violation of customs regulations and smuggling of goods.
Airbus Group SE suffered a blow to its already troubled A380 program when Iran, which had previously suggested it would buy the double-decker planes, said it had dropped the model as part of a wider fleet upgrade.
