Business

Iran Taking Long Steps towards Agricultural Mechanization

Head of Iran’s Agricultural Mechanization Centre says the Islamic Republic has taken long steps to mechanize its mostly traditional agriculture.

Toyota Reminded of Its Complicity with ISIS Terrorists

After the Japanese carmaker Toyota apologized to the US government for selling a vehicle to the Iranian embassy in India, Iranian social media users are reminding the automaker of its alleged complicity with ISIS terrorists in their crimes in Iraq and Syria.

Iran-Russia Trade Volume Grows by 70 Percent

Iranian Minister of Economy, Masoud Karbasian, says the trade volume between the Islamic Republic of Iran and Russia has witnessed a 70-percent growth over the past year.

CAATSA Targeting Iran’s Economy, Not Just IRGC: Commander

The commander of Iran’s Islamic Revolution Guards Corps (IRGC) has strongly condemned Washington over the Countering America's Adversaries Through Sanctions Act (CAATSA).

Iranian Firms to Expand Presence in Russia’s Astrakhan

20 hectares of land in Russia's Astrakhan Special Economic Zone has been allocated to a number of Iranian companies in a bid to expand trade ties between Iran and Russia. 

Iran, Russia to Boost Cooperation in Developing Oil, Gas Fields

A senior Iranian oil and gas official say Russia is in talks with the Islamic Republic for development of 10 oil and gas fields in Iran.

Iran Preparing Infrastructure for Bitcoin Adoption

Iran is preparing the infrastructure for using Bitcoin, the first worldwide crypto currency, said Iran’s Deputy Minister of Information and Communication Technology, Amir Hossein Davaee.

Iranian Carmaker to Work with Ferrari Designer

Iran Khodro Company (IKCO), the giant Iranian auto manufacturer, plans to build cars in collaboration with the firm that designs such cars as Ferrari, Maserati, and Peugeot.

Iran Invited to Manufacture Agricultural Machinery in Uganda

Uganda’s Foreign Minister Sam Kutesa has called on Iranian manufacturers to produce agricultural machinery in the African state and export their products from there.

Iran Keen to Expand Business Ties with Uganda: FM

Iran's Foreign Minister Mohammad Javad Zarif says the Islamic Republic is interested in promoting its economic cooperation with Uganda in various fields.

Iran Most Advanced Mideast Country in Renewable Energies: Forbes

A report by Forbes says European firmsare pouringtheir money into renewable energy projects in Iran, which is the most advanced country in the region in terms of renewable energy development.

Iran Signs €20m Deal with China on Development of Solar Panels

The Industrial Development and Renovation Organization of Iran and China's Znshine PV-Tech Company signed a memorandum of understanding on Sunday to set up an automated production line of photovoltaic panels in Iran.

Iranian Aircraft’s Tyre Bursts While Landing in Mashhad

A Caspian Airlines passenger plane with 112 people on board has suffered a tyre burst while landing in Mashhad International Airport.

Iran, South Africa Hold Business Forum in Pretoria

Iranian Foreign Minister Mohammad Javad Zarif has participated in the Iran-South Africa Business Forum held in the African country's capital, Pretoria, on Monday.

Iran to Launch First Air Taxi Service in Two Months

The first air taxi service in Iran is going to be established in the north-eastern city of Bojnourd within the coming months, an Iranian official announced.

Iran, Turkey Ink Deals to Boost Scientific, Environmental Ties

High-ranking officials from Iran and Turkey inked two agreements in a bid to boost cooperation between the two neighboring countries in diverse fields, including science and technology as well as environment.

Iran Taking Tourists on Tours of Saffron Harvest

Iran’s South Khorasan province annually hosts numerous foreign tourists during the season when saffron and barberry are harvested.

Iran’s President Calls for Enhanced Ties with Uzbekistan

Iranian president has highlighted the huge capacities for expansion of Tehran-Tashkent relations, saying the two states should cement their age-old ties in all fields.

Czech Republic Interested in Investing in Iran’s Steel Industry

A senior official from the Czech Republic has voiced Prague’s interest in investing in the Iranian steel industry given the significant progress the Islamic Republic has made in this area.

Norway Solar Firm Inks $4bn Deal with Iran

A Norwegian solar company has defied US President Donald Trump’s call for further isolation of Iran by signing a deal to invest €2.5 billion ($4 billion) in the country over the next five years.

US Firms Can Do Business with Iran If Trump Allows Them to: Minister

Iranian petroleum minister says the Islamic Republic’s doors are open to American firms if President Donald Trump allows them to do business with Iran.

Iran, Russia Clinch Deal on Financing Projects

The Central Bank of the Islamic Republic of Iran and the Russian Agency for Export Credit and Investment Insurance (EXIAR) have signed a memorandum...

‘Trump Practicing Magic Trick on Iran Nuclear Deal’

An Iranian newspaper says the US is distracting the world’s public opinion by ‘pretending’ to be against the nuclear deal between Iran and the P5+1, while hatching plots with the EU to make the most profit out of Iran’s lucrative market.

Iran, Uzbekistan Discuss Promotion of Ties in All Fields

Iran's Foreign Minister Mohammad Javad Zarif and his Uzbek counterpart Abdulaziz Kamilov have discussed issues of mutual interest in a meeting in Tehran.

‘Foreigners More Resolved to Work with Iran after Trump Rhetoric’

An Iranian minister says Trump’s anti-Iran comments have made foreigners more determined to cement their economic cooperation with Tehran.

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