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Press TV

Iran among world’s top economies by 2050

A recent study shows that Iran will be among 32 most powerful economies in the world by 2050.

Macro Economy

Iran to establish fully-owned bank in Azerbaijan

Iran’s top banker says the country plans to establish a bank in Azerbaijan with 100 percent Iranian ownership.

Financial Markets

Frances PSA Group to carry out Iran plans despite US threats

Frances auto giant PSA Group says it is pushing ahead with a plan to invest in Iran’s auto industry despite an increased anti-Iran rhetoric by the United States under President Donald Trump.

Transportation

Iran to receive 2 Airbus planes in weeks

A top Iranian aviation official says the country would receive two new planes from the giant European plane maker Airbus within the next few weeks.

Transportation

Iran says channel to export carpets to US open

Iran says the channel to export its traditional hand-woven carpets to the United States is still open.

Trade

Iran’s Tejarat Bank sues EU for damages

Iran’s Tejarat Bank says it has filed a lawsuit with the Court of Justice of the European Union (CJEU) to seek damages for the losses it incurred as a result of several years of sanctions by the Union.

Financial Markets

Danske Bank in financing talks with Iran

Denmarks Danske Bank A/S says it has stated talks with the Central Bank of Iran (CBI) on arranging credit to clients with business activities in the country.

Financial Markets

Nakhchivan-Mashhad passenger train service launched

Iran has launched a direct passenger train service between its northeastern city of Mashhad and Azerbaijan’s isolated enclave of Nakhchivan – a move which is expected to provide the landlocked region with a wide access to Iran’s national rail network.

Transportation

Daewoo wins deal to build shipyard for Iran

South Korea’s Daewoo Shipbuilding and Marine Engineering Company (DSME) – the world’s second biggest shipbuilding companies – has announced a major deal to develop an construction yard in Iran.

Transportation

World Bank reports major drop in Iran’s debts

The World Bank says Iran’s foreign debts rose slightly in 2015 but were still significantly lower than 2011 when the country faced a series of US-led sanctions.

Macro 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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