Envoy: Iran considers Peugeot a trustworthy partner

Iran’s Ambassador to France referred to age-old Iran-France relations which were severed some 10 years due to unjustly imposed sanctions, saying its time for French firms return to Iran and adding that Peugeot is a trustworthy partner for Iran auto industry. Ali Ahani said in an interview with the French…

Different countries seek joint venture investment in power plants

Minister of Energy Hamid Chitchian said on Saturday that different countries sought joint venture investment in construction of power plants and sewage system in Iran.   Chitchian told a press conference that lifting the sanctions prepared the ground for direct foreign investment in water and electricity industry.Chinese were the sole…

Oil companies to focus on Iran in 2016: Report

A foreign website specialized in oil markets has written that oil companies will look to Iran in 2016 amid tighter budgets. “The National” wrote that oil companies’ investment this year will be focused on new opportunities in Iran and Mexico as they cut budgets sharply amid continued low oil prices,…

Invest in Industrial Commercial Welfare complex (Opportunity in IRAN)

The project is about building a 15000 ton cold storage warehouse and CHP power house and commercial building with a restaurant, The project include a 15000 ton cold storage warehouse witch is 10000 ton above zero and 5000 under zero and cold storage work by atmospheric control system . A…

Iran opportunities ‘too big to ignore’: CEO

Investment opportunities in Iran are ‘too big to ignore,’ as the country’s president signs a new series of deals on the second leg of his European tour, the CEO of a top investment firm told CNBC. Formal announcements of Iran’s 100-plane order from Airbus were made this morning, alongside plans…

Iranian aviation industry sanctions were catastrophic

Executive chief of Center for Asia-Pacific Aviation (CAPA) said on Friday Iranian aviation industry sanctions were inhumane and a catastrophic tragedy, expressing hope that world nations will never again witness the occurrence of such illogical events. ‘World aviation industry’s relations with Iran were restored after many years of sanctions with…

Iranian oil shipper hopes to make up for lost time as sanctions end

Until 2012, the leaders of the National Iranian Tanker Company relished their work, playing cat and mouse with the Western authorities as they tried to keep a portion of their fleet on the seas despite an array of economic sanctions. “We felt like the last line of defense of the…

Pistachio market faces return of ‘king of nuts’ from Iran

It is not just the world of oil which is bracing itself for the impact of Iran’s return to the market after the recent lifting of US sanctions. International pistachio traders are watching and wondering how Washington’s move will impact export flows from the Middle East nation, and whether it…

European airlines set to resume flights to Tehran

Several European airlines aim to resume their flights to Iran following a landmark nuclear deal between Tehran and world powers, the Persian daily IRAN reported on Thursday. The newspaper quoted Mohammad Khodakarami, deputy head of Iran’s civil aviation authority, as saying British Airways officials visited Tehran on Tuesday to discuss…

1st Chinese cargo train departs Yi Wang for Iran reviving Silk Road

China’s 1st cargo train left Yi Wang City in China’s Zhejiang province through the revived railroad path that connects China to Middle East on one of ancient Silk Road paths on Thursday. The container-carrying cargo train left the Chinese province in the East side of that ancient country and is…