IME trading grows by 124%

415,000 MT of commodities worth over $157 million were traded in Iran Mercantile Exchange (IME) early April, the value and volume of trading experienced a growth of 99% and 124% respectively.

IKCO, Peugeot to launch joint venture soon

Deputy industry minister said Iran Khodro Industrial Group and Peugeot Car Company will officially launch joint cooperation in late April.

Iran to Host 65 International Exhibitions

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 Boeing team coming to Tehran

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 inks agreements with foreign pharmaceutical companies

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

World’s Most Powerful Hybrid Car Built by British-Iranian Brand

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

Rouhani vows to privatize Iran’s car industry

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.

Germany, Japan Propose Investment in Iranian Petrochemical Projects

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.

Franco-Japanese auto giant keen on Iran expansion

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.
Mahmood Dodangeh

US automakers can invest in Iran: Deputy industry minister

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

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