Press TV

KLM resumes flights to Iran

KLM Royal Dutch Airlines, the flag carrier airline of the Netherlands, has officially resumed flights to Iran after a hiatus of over three years.

Transportation

Insurance firms expect Iran opening in 2017

International insurance companies say they expect to see a major opening in the Iranian market in 2017 with several key players saying they have already won deals to cover businesses in the country.

Transportation

Siemens to seal major rail deal with Iran

German engineering giant Siemens says it is preparing to sign a major deal with Iran to develop the country’s railway system.

Transportation

Canada’s Bombardier eyes Iran market

Canada’s flag-carrier airline Bombardier says it has no concerns to find a foothold in Iran’s aviation market even though it has been late on chasing opportunities in Iran.

Transportation

​PSA vows ‘central’ regional role for Iran

French auto giant Peugeot Citroen PSA says it has serious plans to make Iran a “central” production hub in the Middle East.

Mine and Industry

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