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.
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.
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.
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.
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.
The Iranian flag carrier, Iran Air, says it has finalized a much-awaited contract with the European aviation giant Airbus to purchase 100 aircraft.
Iran’s flag carrier Iran Air has signed a much-awaited agreement with US aviation giant Boeing to purchase 80 planes.
Iran has been recommended as a top travel destination for 2017 as the country takes steps to ease visa rules for foreign tourists.
Iran says an agreement has been signed with Japan’s Itochu to fund one of its key petrochemical projects – the second such agreement signed with Japanese companies over the past few months.
Germany has reportedly agreed to provide Iran with a €1.2 billion ($1.27 billion) credit line to help finance a key rail project in what is seen as the biggest foreign financing the country has been able to secure after the removal of sanctions.