Iran, Belarus hold talks on manufacturing oil, gas equipment

Minister of Petroleum said that his Tuesday evening talks with the Belarusian Minister of Industry Vitaly M. Vovk focused on manufacturing oil and gas equipment and exchange of oil products. Bijan Zangeneh said Tehran is willing to develop relations with Minsk in line with serving the two sides’ interests in…

Bulgaria keen on closer ties with Iran

Bulgarian Ambassador to Iran Haristo Polendakov said on Sunday that in post-JCPOA era, Bulgarian government is keen on closer politico-economic and culture relations with the Islamic Republic of Iran. He made the remarks in a meeting with Governor General of Kohgiluyeh and Buyer Ahmad province Mussa Khademi. The ambassador said…

Iran Air, Boeing finalize plane purchase deal

Iran Air has finalized an agreement with Boeing to purchase 80 planes from US aircraft maker. Iran’s flag carrier ‘Iran Air’ says it has signed a much-awaited agreement with US aviation giant Boeing to purchase 80 planes.  The agreement envisages the purchase of 50 twinjet narrow-body Boeing 737 planes and…

Italian holding company eyes constructing hotels in Iran

Italian holding company, Sycamore Holdings, has expressed eagerness to invest in hotel construction projects in Iran. Sycamore Holdings is interested to prepare the ground for the Italian companies to invest in Iran’s and especially in Isfahan’s tourism projects as well as hotel design and construction in the historical city, said…

Iran, South Korea finalize contract to buy 10 ships

Iranian Shipping Lines (IRISL) finalized a contract with Hyundai Heavy Industries Company to buy 10 ships worth dlrs 650 million and develop technical cooperation on shipbuilding, the South Korean industry giant, Hyundai, said in a statement on Saturday. Hyundai said that the company wll build several container ships and oil…

Iran, Czech Republic agree to boost economic relations

During the Joint Economic Commission meeting in Prague, the capital of the Czech Republic, Iran and the Czech Republic agreed to boost cooperation in different economic sectors. Both sides signed agreements in petrochemical, economic and industrial fields including bus, train wagons, electrical and diesel locomotives, small planes and helicopter manufacturing….

Iran, Switzerland establishing fresh cooperation in economic areas

Iranian chargé d’affaires in Switzerland Mahdi Abedi assessed the prospects for trade relations between Iran and Switzerland as positive, saying that a new phase of cooperation is being established in both countries’ economic relations. Abedi told IRNA that developing ties with Switzerland is important as the country is regarded as…

Czech National Bank sees no limitations for banking co-op with Iran

Governor of the Czech National Bank (CNB) Jiri Rusnok said on Friday that CNB sees no limitations for banking cooperation with Iran. Speaking during a meeting in Prague with Iranian Minister of Economic Affairs and Finance Ali Tayyebnia, the CNB governor voiced support for the activities of Czech banks and…

Hyundai inks major Iran ship building deals

Iran is expected to get its first Ultra Large Container Vessels (ULCVs) to be built by Hyundai Heavy Industries Company. Iran says it has signed contracts with South Korea’s shipyard Hyundai Heavy Industries Company to build at least eight Ultra Large Container Vessels (ULCVs) as well as medium-range tankers for…

Marriott is first US hotel group to eye Iran

The ruined city of Persepolis, which dates from 515 BC, is one of the world’s finest examples of ancient architecture and is a declared World Heritage site. Marriott International has become the first US hotel group to announce its interest in the Iranian tourism market which is seeing a march…