Industry

Iran plans to host 65 international exhibitions and 7 local ones in the current Iranian calendar year, which started on March 21, 2016.

Iran says a top-level delegation from global aviation giant Boeing will arrive in the country within the next days to discuss potential areas of cooperation with Iranian companies.

Iran has signed agreements with major drug producing companies for medicine production, said Head of Iranian Drug Producers Association Naser Riyahi.

Iran Khodro expects to sign a commercial deal with Mercedes-Benz within the next six months, the CEO of the Middle East’s biggest carmaker says.

Arash Motor Company unveiled the world’s most powerful hybrid car at the renowned Geneva Motor Show.

Commander of the Islamic Revolution Guards Corps (IRGC) Major General Mohammad Ali Jafari said development of the phases 15 and 16 of the South Pars gas field in southern Iran was a testimony to the IRGC’s engineering skills and technical expertise.

South Korean steelmaker POSCO - the world's sixth-biggest steel producer - has announced a plan to help build a $1.6 billion steel mill in southeastern Iran.

Iran’s President Hassan Rouhani said on Tuesday that the privatization of the country’s car industry is a key mission in the economic agenda of his government – an announcement already seen by analysts as a sign that Iran is already preparing to open up its economy to world markets.

Iran signed three memorandums of understanding (MoUs) with three automakers from Sweden, Turkey and India for cooperation and as parts of efforts to boost the country's car-manufacturing industry.

Iran on Sunday raised the possibility to force the Chinese car manufacturers out of its auto market in the next Iranian calendar year (to begin 21 March 2016).

Leading Iranian car manufacturer Iran Khodro Company (IKCO) established a new line for manufacturing its Arisun pick-up in the Iraqi city of Alexandria, south of the capital Baghdad.

Germany's Linde Group and Japan's Mitsui have said that they are planning to jointly invest $4bn in a number of petrochemical projects in Iran, an official said.

The head of Renault-Nissan alliance has expressed the major car manufacturer’s readiness to expand its market in Iran upon the removal of sanctions against the country.

The deputy trade minister has said that the US import ban only applies to consumer products and should not be generalized to other areas.

Peugeot says it is willing to cooperate with post-sanctions Iran and help its automotive industry to manufacture better vehicles.

Industry Minister Mohammad Reza Nematzadeh has said that Iran has set a target of $190b in exports for 2025.

Industry Minister Nematzadeh has said that Iran, Afghanistan and Germany can make profitable investment in different mining and industrial sectors.

The Japanese and German economic teams in Tehran have said that they can help Iran revamp its automotive industry and develop its agriculture and food industries.

The main advantage of the car is that it emits water rather than fumes and thus helps ease air pollution.

An automated car will temporarily take over from a distracted driver, and pull over and park or head home if someone is unfit to drive, the researcher working on the project predicted.

Since the Iranian food industry is operating at 40 percent of its full capacity, plans to boost food exports seem to be necessary.

The widespread availability of wind has made it possible for Iranians in desert areas to use the windmills.

Italy was Iran's traditional trade partner, but today we seek to play an extensive active role in various fields, the Italian minister said.

Iran Khodro has reached the conclusion that in the current conditions, Volkswagen is a better choice for partner and can better help promote the Iranian automotive industry.

Iran’s gold output is estimated to rise to 7 metric tons by 2017 which could significantly improve the country’s place among the world’s producers of the precious metal.