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Iran, Italy to sign high-speed railway deal next week

Iran and Italy will sign a deal worth 1.2 billion euros next week to build a high-speed railway between the central cities of Arak and Qom.

Transportation

Total signs multi-billion-dollar gas deal with Iran

French energy giant Total signed a multi-billion-dollar gas deal with Iran, the first by a foreign firm in more than a decade.

Energy

Germany vows expansion of banking ties with Iran

Germany has announced its readiness to expand its banking cooperation with Iran and provide funds for the country’s economic projects.

Financial Markets

Iran Airtour, Zagros Airlines to buy 73 planes from Airbus

European aviation giant Airbus says it has signed basic agreements with two Iranian airlines over the purchase of a total of 73 planes.

Transportation

Iran exports first wheat cargo in years

Iran says it has exported its first consignment of wheat after a hiatus of multiple years – what is seen as a robust sign that shows the country has not only been able to support domestic needs but also move ahead with overseas sales.

Trade

Iran offers Qatar use 3 key Persian Gulf ports

Iran has offered to allow Qatar use its southern ports to carry on its vital import activities after the emirate’s Arab neighbors united to isolate it.

Trade

China backs Iran’s full membership in SCO

A senior Chinese diplomat has thrown his country’s weight behind Iran’s membership of the Shanghai Cooperation Organization (SCO), an emerging economic and security alliance jointly led by China and Russia.

Trade

Iran to join Eurasian Economic Union by 2018

Signs are emerging that show the Eurasian Economic Union (EEU) – the Russia-led single market – is seeking deeper links with Iran after the re-election of President Hassan Rouhani.

Trade

Iran says position in oil market ‘stronger’

Iran’s Oil Minister Bijan Zanganeh says the country is in a stronger position to continue its oil policies after the re-election of President Hassan Rouhani this past Saturday.

Energy

Iran world’s most affordable tourism destination

Iran’s tourism industry has been identified for a third straight year to have the most affordable prices in the world for foreign visitors.

Society Economy

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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