Press TV

Economic conditions improving in Iran: IMF

An International Monetary Fund (IMF) staff report says that economic conditions are improving substantially in Iran following the implementation of the Joint Comprehensive Plan of Action (JCPOA).

Macro Economy

Iran, Germany sign deals to boost ties

Germany and Iran have signed a range of business deals in what is expected to take economic relations between the two countries to a new level.

Trade

Germany eyeing €3bn investment in Iran

Iran says Germany is preparing to implement an action plan to invest €3 billion in different industries of the Islamic Republic.

Macro Economy

Iran offers 13-year tax break to hoteliers

Iran says it will offer a tax break of 13 years to hoteliers in what appears to be part of a policy devised to promote the country’s tourism industry.

Macro Economy

Iran, Turkmenistan reopen Bajgiran border

Bajgiran border was reopened on Saturday morning upon agreement reached between Iranian and Turkmen transport authorities.

Trade

Austria to raise state exports guarantees for more business with Iran

Austria’s government plans to increase state export guarantees for companies that want to do business with Iran following the removal of international sanctions.

Macro Economy

US failed to do its side of Iran deal: Seif

Iran top banker says the United States has failed to do its share of lifting economic sanctions against Iran as per a deal that was signed over the country’s nuclear energy activities last summer.

Macro Economy

US vowed not to punish EU banks over Iran: Zarif

Iran says the United States has pledged not to punish European banks that facilitate transactions with it.

Financial Markets

​Iran introduces own credit cards

Iran has introduced credit cards for the first time in what appears to be a plan to encourage spending by the public.

Financial Markets

Bulgaria says Iran serious on Europe rail link

Bulgaria says it has seen positive signs that Iran is determined to press ahead with a plan to establish a multimodal transit link that involves a railroad that passes through its territory toward the heart of Europe.

Transportation