IKIA signed the agreement with Swiss-based ADI Consulting GmbH and the Netherlands Airport Consultant Company (NACO) in Tehran on Saturday.
One of Iran’s leading private banks says it has opened an office in Europe – what could be a sign of fresh openings in the country’s international banking relations after the removal of sanctions.
The World Economic Forum has identified Iran as the world’s most affordable tourism destination for a third straight year.
The official first confirmed back in July 2016 that Iran sought to buy over two dozen planes from the Japanese industrial giant.
The first batch of medium-range planes purchased from the Franco-Italian aviation company arrives at Tehran's Mehrabad Airport.
Major Asian and European credit companies have announced readiness to fund Iran's plane purchases from global aviation giants Airbus and Boeing.
Iran’s Deputy Minister of Road and Urban Development for International Affairs Asghar Fakhrieh Kashan says the first batch of planes from European aviation player ATR would be delivered within the next few days.
New Zealand will soon to resume exports of lamb meat to Iran after a hiatus of almost two decades.
The purchase raised MSC’s stake in Mines and Metals Development Investment Co. (MMDIC) to 35.4%, media reports said on Saturday.
Leaders from 29 countries and ministers and top officials from many others will gather in Beijing for two-day summit starting on Sunday to map out development of the "Belt and Road" initiative.
A Tokyo-based Iranian economist says the Islamic Republic is already doing effective business with three Japanese mega-banks.
Iran says South Africa’s MTN Group will invest in an ambitious fiber optic internet connectivity project which will be launched in eight major cities.
The number of tourists that visited the country last year increased by more than 30 percent from a year earlier, according to a tourism official.
Iran’s President Hassan Rouhani inaugurates a rail link between Tehran and Hamedan – a crucial project which connects the east with the west once fully developed.
Iran says it is planning to hold an international tender to find financers for its plane purchase plans from aviation giants Airbus and Boeing.
Bouygues had signed a memorandum of understanding in January 2016 to build and operate a terminal at IKIA to handle 20 million passengers a year.
Mahan Air is the target of the measure which would require the Trump administration to provide Congress with a list of all airports where the commercial carrier has landed.
Market figures show Iran’s demand for gold rose to a four-year high in the first quarter in what is believed to have been a result of the improvement in the country’s economy.
Official figures show Iran’s imports from China saw a major rise over the past four years in what is seen as a result of the removal of sanctions against the country and the subsequent return of global shipping lines to its ports.
A coal mine explosion in northeastern Iran kills 26 workers, leaves scores wounded
The mass production of a revolutionary version of Dena class of national cars has been launched.
German officials say the Middle East Bank of Iran has received a license to open a branch in the country’s state of Bavaria which hosts a wide range of big industrial names.
French auto giant Peugeot has started the mass production of its latest flagship crossover in Iran – a landmark move that could cement its presence in the Middle East’s biggest vehicle market.
National flag carrier Iran Air says it expects to receive the first of a series of planes purchased from ATR in two weeks.
Iran's foreign minister slams US government for trying to disrupt the country’s cooperation with international banks.
An EU commissioner says Iran’s exports to the bloc have increased by 300 percent after the implementation of the JCPOA.
Managing Director of Ports and Maritime Organization of Iran Mohammad Saeednejad hopes the section would come online after the presidential election in May.
Iran says a plan for the early delivery of a plane from US aviation giant Boeing has been cancelled.
Iran has launched an ambitious project to connect houses to a nationwide fiber optic network.
Germany’s Volkswagen has picked a local Iranian auto company to represent it in one of the biggest markets of the Middle East.
Iran is preparing to host two major economic delegations from the European Union to discuss the prospects for post-sanction banking activities as well as investment in the country’s energy sector.
Russian Foreign Minister Sergei Lavrov says Iran is now ready to be a full-fledged SCO member and that negotiations will be taken up in summer to bring the Islamic Republic to the fold.
A top Iranian industrial official says several top European brands are holding talks to produce household products in Iran through joint ventures with local enterprises.
Iran’s Minister of Roads and Urban Development Abbas Akhoundi says planes purchased from Italian-French aviation player ATR will be used for flights to small airports across the country.
Germany’s largest airline Lufthansa says it has started talks with Iran Air to provide catering, maintenance and pilot training services to the national Iranian airline.
Russia says it expects trades relations with Iran to grow further this year after increasing almost twofold in 2016.
Iran’s media say the country’s private sector is planning to create its own guarantee fund to attract international loans for small- and medium-sized enterprises.
British companies are believed to be considering a investment potential which is believed to amount to as high as $600 billion in Iran over the next decade.
Russia says it has lifted visa restrictions for tourists and businessmen from Iran as well as 17 other countries for trips to the country’s Far East.
More than 2.1 million families will receive cash handouts of between $40 and $125 a month depending on their size.
The central banks of Iran and Pakistan have signed a deal on banking and payment arrangement.
Iran’s first cruise ship – Sunny – completes voyage between two resort islands in the Persian Gulf.
Farhad Parvaresh, the managing director of Iran’s national flag carrier airline Iran Air, says the first plane purchased from US aviation giant Boeing could be delivered before June.
Iran’s national flag-carrier airline Iran Air has signed a much-awaited contract with the European plane manufacturer ATR to purchase 20 twin-propeller planes.
A Swedish firm has reportedly been able to create a mechanism to invest in Iran through Bitcoin virtual currency.
National flag-carrier airline Iran Air signs a contract to buy 20 turboprops from the French-Italian aircraft manufacturer ATR.
KSC exported 1.9 million tonnes of billet and slab in the Iranian year which ended on March 20, posting a historical record for Iran's steel industry.
Iran’s Aseman Airlines has signed an agreement with Boeing for buying 60 twinjet narrow-body passenger planes from the US aviation giant.
The Central Bank of Iran (CBI) says it is still working on a plan to reduce the role of the US dollar in its foreign exchange basket.
Russia says there is a “concrete” agreement with Iran for purchasing 12 Sukhoi Superjet 100 passenger planes.
The Central Bank of Iran says it will appeal Luxembourg's decision to seize $1.6 billion of its assets.
The third aircraft that Iran has purchased from Airbus following the JCPOA lands in Tehran.
Brave New World Investments AB is reportedly accepting deposits in bitcoin which it converts to Iranian rial and invests in equities on the Tehran Stock Exchange (TSE).
New Zealand says it has postponed a plan to export lamb to Iran until December.
Iran says it is implementing a landmark project to divert water from the Gulf of Oman to its central plateau.
China's telecommunications giant ZTE Corp has pleaded guilty in US federal court in Texas for shipping US goods and technology to Iran.
India is working on a new payment mechanism for trade with Iran after indications emerged that the previous one may soon lose its efficiency.
The exterior of Clearance securities depository in Luxembourg where above $1.6 billion of Iran’s assets have been ordered to be frozen.
Reuters in a report quoted informed sources as saying that the Bank of England is still reluctant to facilitate trade between the two countries even though the government is trying to open Iran-UK trading oppositions.
Iran says it has exported $80 million worth of carpets to the United States over a period of 11 months starting 21 March 2016.
South Korea’s SK E&C has signed an agreement with Turkey's UNIT International S.A. to build five new power plants in Iran.
Serious signs have appeared showing that doing business with Iran may have already started to return to normal.
The United States has reportedly welcomed India’s plan to expand Iran’s Chabahar port as a project that a top military official says will help the long-term stability of Afghanistan.
Trade turnover between Iran and Russia rose 80% to more than $2 billion in 2016, according to state officials.
The two-day even brings together officials from Afghanistan, Iran, Bangladesh, Bhutan, Kazakhstan, Myanmar, Nepal, Pakistan, Russia, and India.
A new mining project that has just been awarded to a consortium of locals is expected to make Iran a new player in world’s zinc market.
Iran’s leading cargo shipping enterprise (IRISL) has rejected reports that it is planning to float its shares on the London Stock Exchange.
South Korea’s industrial giant Hyundai has won a contract worth €3 billion to develop a key gas processing unit in southern Iran.
National flag carrier Iran Air says a third new Airbus – an A330 – would arrive in Tehran later this week.
Russian automaker UAZ is planning to produce its iconic off-road Patriot SUV vehicles as well as its pickup trucks in Iran.
The Airbus A330-200 took off from the French city of Toulouse on Saturday and landed at Tehran’s Mehrabad International Airport later in the day.
India’s Shipping, Road Transport and Highways Minister Nitin Gadkari says the first phase of the construction of Iran’s southeastern port of Chabahar will be complete in 2018.
Iran Air says it expects to receive the second Airbus plane on Saturday morning.
Three major Iranian-owned banks in Britain are reportedly planning to push the country’s banks to do business with them through a top regulating agency.
China’s telecom giant ZTE has reportedly agreed to plead guilty and pay nearly $900 million to settle a US sanctions case involving Iran.
The US has appealed against a decision by a Luxembourg court to reject a freeze on $1.6 billion in Iran’s Central Bank assets.
The prime ministers of the Eurasian Economic Union agree to establish a free-trade zone with Iran.
A top Iranian banking official says US efforts to seize Iran’s assets in Luxembourg is illegal and unenforceable.
Iran’s Foreign Minister Mohammad-Javad Zarif says the littoral states of the Indian Ocean can use its transportation facilities.
Iran says it has been informed by Washington that US nationals can open bank accounts in the Islamic Republic.
Hypermarkets and mass merchandisers from Turkey, UAE, and European countries are capitalizing on dramatic shifts taking place in the Iranian market.
Azerbaijan has launched a rail link with Iran by sending a train across the border to Iran’s northern city of Astara.
France says normalization of banking ties is needed to improve economic relations with Iran.
A new report says Russia's UAZ is set to assemble some of its vehicles in Iran.
European banks’ sources say their visits to Tehran since the lifting of sanctions on Iran in January 2016 had failed to bear fruit.
The project is expected to bring about a major boost to trade and economic development of the region, also involving Bangladesh, Bhutan, Nepal, Pakistan and Afghanistan.
The Abbasi Hotel in Iran’s central city of Isfahan has been described as the most beautiful hotel in the Middle East.
China’s telecom giant ZTE is reportedly trying to reach a deal to plead guilty to US criminal charges that it violated sanctions barring trade with Iran.
President Rouhani of Iran says Asia is to attain international economic supremacy from the second half of the 21st century on.
Iran is set to receive two new airbus planes by end of current Iranian year.
The International Monetary Fund praises Iran’s impressive economic recovery after the removal of multiple-year sanctions.