Category: 4. Business

Russia’s largest car manufacturer AvtoVAZ eyes to launch a localization project in Iran where it can assemble the latest version of its popular Lada model.

AvtoVAZ CEO Maxim Sokolov said on Tuesday that launching…

Haitham Al-Ghais wrote in his message to Oil Minister Mohsen Paknejad,”It is with deep sorrow that I learned of the recent explosion in Bandar Abbas, which resulted in casualties, injuries, and significant damage.”

During this difficult time, on…

Iran is hosting more than 700 traders from 38 African nations at the Third Iran-Africa Economic Cooperation Conference in Tehran and Isfahan with the aim of bolstering relations.

Four specialized panels are held at the…

TEHRAN – Iran and Kyrgyzstan held the 14th meeting of their Joint Economic Committee in Tehran, aiming to expand bilateral ties across economic, scientific, cultural, and technical sectors.

Senior officials from both countries, including…

TEHRAN – Iran’s crude steel production reached 3.3 million tons in March, marking a 3.7 percent year-on-year increase, according to the latest report by the World Steel Association. The rise coincided with a broader global uptick in steel…

TEHRAN – The Secretary-General of the Economic Cooperation Organization (ECO) met with Iran’s Vice President to highlight Tehran’s role in promoting sustainable development, particularly in regional transport among ECO member…

TEHRAN – Iran and Iraq have agreed to accelerate efforts to complete the long-delayed Shalamcheh-Basra railway and establish joint free trade zones and border markets, Iranian officials said following high-level talks in Tehran.

In a meeting…

TEHRAN – Zimbabwe’s Vice President Constantino Chiwenga has called on Iran to help establish a tractor manufacturing plant in his country, as part of growing economic ties between Tehran and Harare.

Chiwenga made the request during a joint…