Press TV

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 reports 30% rise in number of tourists

Iran says the number of tourists that visited the country last year increased by above 30 percent from a year earlier – what could be an indication that one of the world’s top travel destinations is already finding its lost flavor after the removal of sanctions.

Society Economy

Germany’s Volkswagen picks Iran partner

Germany’s Volkswagen says it has picked a local Iranian auto company to represent it in one of the biggest markets of the Middle East.

Transportation