Iran, Germany seal diesel locomotives deal

Iran’s Minister of Roads and Urban Development Abbas Akhoundi (L) signing a diesel locomotives production deal with the visiting German Minister of Transport and Digital Infrastructure, Alexander Dobrindt. (Photo by IRNA) Iran says it has signed a deal with Germany to cooperate over production of 50 diesel locomotives which will…

VP: Iran welcomes Albanian investors

Vice-President and Head of Cultural Heritage, Handicrafts and Tourism Organization, Zahra Ahmadipour, said on Sunday that Iran welcomes Albanian investors’ investment in the tourism infrastructure. Ahmadipour said Iran welcomes the investment considering positive atmosphere available after the JCPOA. She made the remark in a meeting with Albanian Foreign Minister Ditmir…

Iranian banks improving foreign relations in post-sanction era

Vice Governor of Bank Meli Iran for Foreign Exchange Affairs emphasized the fact that Iranian banks are reinforcing international ties in the post-sanctions era, adding that technical, trade and political obstacles still exist. Gholamreza Panahi told IRNA on Saturday that many Iranian banks have resumed brokerage ties with foreign banks…

Iran-Malaysia Joint Commission to convene in near future: Envoy

The Iran-Malaysia Joint Economic Cooperation Commission will convene in the near future, Iranian Ambassador to Malaysia Marzieh Afkham said. Speaking to IRNA on Friday, Afkham said, ‘After removal of sanctions, we are seeking to prepare the ground for development of export within framework of the policies of the Economy of…

Iran Air, Airbus open new chapter in cooperation

The landing of Iran’s first purchased Airbus (A321) in the capital’s international airport has paved the way for the country’s flag-carrier airline – Iran Air to resume cooperation with the Airbus Company after 38 years, a senior Iranian official said. Speaking in a ceremony held here on the Thursday to…

Seminar of Malaysia trade opportunities with Iran held in Kuala Lumpur

A one-day seminar dubbed ‘Malaysia Trade with Iran; Opportunity for Malaysian Commercial Companies’ was held in Kuala Lumpur to introduce Iran’s capacities for investment and trade. The seminar organized by the Malaysian Federation of Producers was attended by Iran’s ambassador to the country Marzieh Afkham and a number of Malaysian…

Day Bank in transactions with 100 foreign banks

Governor of Iran’s Day Bank Ali-Reza Atefifar said on Wednesday that his bank will expand banking relations with 100 foreign banks. Atefifar told IRNA, ‘Thanks to measures adopted and the banking activities, good openings have been observed internationally, including forex activities of banks. Since start of this year (March 20),…

Airbus A321 to be delivered to Iran in days

Managing Director of the Civil Aviation Organization of Islamic Republic of Iran Farhad Parvaresh has announced that the first French Airbus passenger plane bought by Iran will be delivered to the country in the next few days. Now, an Iranian pilot, co-pilot and crew are in France to fly the…

Iran, Australia agree to launch direct flight: Diplomat

Iran’s Ambassador to Australia Abdolhossein Vahaji announced that Tehran and Canberra have agreed to establish direct flights in the near future. Talks on implementation of the agreement will be held within the next month between Iran’s Mahan Air and the Australian side, Vahaji told IRNA on Saturday. The launch of…

Min.: $8.5bn investment in industries, mines sector in 4 years

Minister of Industries, Mines and Trade Mohammad-Reza Nematzadeh says more than 8.5 billion dollar investment has been attracted just in the industries and mines sector since 1392 (2013-14), when the 11th government took office. Nematzadeh told Iran’s Ambassador to Turkey Mohammad-Ebrahim Taherianfard and the staff of the economic section of…