KLM Royal Dutch Airlines, the flag carrier airline of the Netherlands, has officially resumed flights to Iran after a hiatus of over three years.
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.
German engineering giant Siemens says it is preparing to sign a major deal with Iran to develop the country’s railway system.
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.
French auto giant Peugeot Citroen PSA says it has serious plans to make Iran a “central” production hub in the Middle East.
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).
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.
Iran says Germany is preparing to implement an action plan to invest €3 billion in different industries of the Islamic Republic.
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.
Bajgiran border was reopened on Saturday morning upon agreement reached between Iranian and Turkmen transport authorities.