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Press TV

Chinese firm to fund Iran plane purchases

Iran’s media say the country’s national airline Iran Air has signed an agreement with a Chinese company to provide funding for the company’s plane purchase campaigns – most notably those pursued with Airbus and Boeing.

Transportation

Indian investments on top of Rouhani’s visit

Diplomats in New Delhi say Iran’s President Hassan Rouhani will try to encourage Indian businesses to invest “billions of dollars” in the Islamic Republic during his three-day visit which will start on Thursday.

Trade

Iran’s city gears up for biggest Islamic tourism event

Tabriz in northwest Iran seeks to step out of the twilight with a spectacular gala which is set to attract heads of state, business leaders and gurus of the hospitality industry to the biggest tourism event of Muslims states in 2018.

Society Economy

Snow shuts roads, airports in Iran

Heavy snowfall blanketed much of Iran on Sunday, closing schools and airports while trapping cars on major intercity highways.

Macro Economy

With better risk rating, Iran now stands next to Brazil

Iran’s media are reporting that the country’s risk classification has improved by one notch in a vital sign of improved investment environment.

Macro Economy

Mercedes-Benz to resume Iran production soon

Mercedes-Benz, a division of Daimler AG, will resume production of cars in Iran from the beginning of the new Persian year in March, ISNA news agency has reported.

Macro Economy

Italy signs EU’s biggest ever credit deal with Iran

Iran and Italy have signed a major framework credit agreement which will be used to provide funds for development and industrial projects in the Islamic Republic.

Macro Economy

Credit line with Russia to boost trade: Iran minister

Iran says it expects a recent agreement with Russia over the creation of a credit line to fund Iranian projects to help promote trade between the two countries.

Financial Markets

Two more ATR turboprops touch down in Tehran

Two more European turboprop aircraft touched down at Tehran’s Mehrabad Airport on Saturday, bringing the number of new Western planes delivered to Iran so far to 11.

Transportation

Iran, Russia moving closer to integrating banking systems

Fresh indications have appeared that show Iran and Russia are moving closer to an ambitious plan to integrate their banking systems – a strategy both hope would make them immune to the financial sanctions of the United States in the future.

Financial Markets

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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