Monday, December 29, 2025

Business

Iran Keen to Export Agricultural Machinery to Armenia

A senior Iranian trade official has called for enhanced cooperation between Iran and Armenia, particularly in the field of agricultural industry.

Iran Safe Place for Investment: Top Austrian MP

Karlheinz Kopf, the second president of the Austrian National Council, says the Islamic Republic of Iran is a stable country and safe for foreign investment.

Budapest Eager to Promote Agricultural Ties with Tehran

Deputy Speaker of Hungary’s National Assembly István Jakab has called for expansion of Tehran-Budapest ties in a meeting with Iran’s Foreign Minister Mohammad Javad Zarif on Friday.

Iran Calls for Foreign Investment in Oil Extraction from Caspian Sea

Iran’s petroleum minister has called on well-known foreign energy firms to make investment in projects to explore and extract oil resources in Caspian Sea, north of Iran.

400 Firms to Attend West Asia’s Biggest Furniture Expo in Tehran

Hundreds of domestic and foreign production units are expected to take part in the 26th International Exhibition of Home Furniture (HOFEX 2017), which is scheduled to be held in the Iranian capital of Tehran in early August.

Iran No Longer Needs Turkmenistan’s Natural Gas

An Iranian MP says the country will no longer need to import natural gas from its northern neighbour Turkmenistan.

Iran Starts Construction of Mideast’s Biggest Solar Farm

Iran’s energy minister on Thursday inaugurated a project to build the Middle East’s largest solar plant in the country’s southeastern province of Kerman.

Iran Inks Deal with Russia to Buy Several Sukhoi-100 Jets: Report

Representatives of Iran’s defence ministry have signed a contract with Russia for purchase of several Sukhoi Superjet 100 (SSJ100) passenger planes, according to media reports.

Iran Ranks First Worldwide in Sponge Iron Production

The CEO of a leading Iranian steel production company says Iran is the world’s leading producer of direct-reduced iron (DRI), also called sponge iron.

Iran, S. Korea Hold Joint Seminar on Intellectual Property

Iran and South Korea as two close economic partners have held a joint seminar on intellectual property in the Iranian capital, Tehran.

‘Iran Not Obliged to Contract Out Oil Projects to India’

An Iranian legislator says Tehran has no commitment to contracting out the development of its oil fields to India.

Porsche Panamera Catches Fire in Tehran Highway

A Porsche vehicle has caught fire along a highway in the Iranian capital, Tehran. The fire has reportedly flared up in the engine and spread through the console wiring.

Iran, France’s Alstom Sign Deal for Building Railroad Cars

French transport company Alstom has signed a joint agreement for the construction of metro and suburban railroad cars in Iran.

Iran, Saudi Arabia Trade Volume Stands at Zero: Official

An Iranian official says the trade volume between Iran and Saudi Arabia stands at zero and the two sides have no economic relations with each other.

Bus Equipped with Evaporative Cooler Unveiled in Iran

Iran has unveiled a bus equipped with evaporative cooler in the extremely hot and dry province of Sistan and Baluchestan in the country’s southeastern.

Which Markets in Iran Are Most Profitable?

Which are the most profitable markets for investment in Iran? This is perhaps the main question lingering in the minds of all investors and even those who are seeking to launch a business in Iran with their savings.

Auto Show to Open in Iranian City of Shiraz

One of the most famous car exhibitions in Iran is scheduled to open this week in the south-central city of Shiraz.

Iraq Needs to Import Iran’s Natural Gas: Minister

Iraq says it needs to import natural gas from Iran to operate its power plants within the next seven years.

Iran Gas Deal with Total Continues to Stir Controversy

The $4.8bn gas deal between Iran and a consortium led by the French energy giant Total over the development of Iran’s South Pars Gas Field has remained a top story in the Iranian media ten days after the signing ceremony.

Iran Locates Sites for Tidal Power Generation

Iranian scientists have identified at least 10 prime sites in the Persian Gulf for production of electricity from the ebb and flow of the regional water.

Iran Oil Minister Raps MPs for Opposing Total Deal

Iran’s oil minister has criticized a number of lawmakers for their opposition to a recent gas deal between Iran and the French energy giant Total.

Iran Signs $1.3bn High-Speed Rail Deal with Italy

Iran’s state railway company and its Italian counterpart have signed a deal worth 1.2 billion euros ($1.3 billion) to build a high-speed rail line between Iranian cities of Arak and Qom.

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’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

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.

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