Iran Air receives two new ATR planes

Franco-Italian aviation player ATR has delivered two more turboprop planes to Iran’s national flag-carrier airline Iran Air thus bringing the total number of deliveries to six from a package of 20.

Iran’s Renewable Energy Potential

Boasting the fourth largest oil reserve and the second largest supply of natural gas in the world, Iran is a global hydrocarbons behemoth. Nevertheless, Iranian policymakers have shown great interest in renewable energy.

Europe takes steps to remove banking obstacles with Iran

TEHRAN, Sep. 24 (MNA) – In the past few days, two Danish banks as well as an Austrian one have signed major finance deals with Iran to become the first two European countries in providing loans to Iran after the implementation of nuclear deal.

Mercedes-Benz officially returns to Iran

Tehran (ISNA) - Germany’s Mercedes-Benz Trucks signed a contract with Tehran-based automaker Iran Khodro, parent company Daimler AG (DAIGn.DE) told Reuters, laying the foundation for resuming distribution of its trucks in Iran.

Iran Unbound: Infrastructure Opportunities

Iran, the Middle East’s second-most-populated country, after Egypt, and its second-largest economy, after Saudi Arabia, shows clear potential in its infrastructure sector for Hong Kong companies in the wake of the lifting of nuclear-related international sanctions in January 2016.

Hyundai plans long-range premium electric car

Hyundai Motor Co said on Thursday it was placing electric vehicles at the centre of its product strategy - one that includes plans for a premium long-distance electric car as it seeks to catch up to Tesla and other rivals.

Germany’s MAN looking into Iran prospects

MAN Diesel & Turbo, a German multinational that produces engines and turbo machinery, says it is paying a serious look at Iran’s investment potentials, saying it has already taken measures to restart its business in the country.

Renault signs landmark auto deal in Iran

French carmaker Renault has signed a much-awaited agreement with Iran to produce more than 150,000 cars a year in the country – what is already being described as the Islamic Republic’s biggest ever auto deal.

VW to re-enter Iranian market after 17 years

Tehran (ISNA) – German carmaker Volkswagen will start importing cars to Iran next month, returning to the resurgent Middle Eastern market after 17 years in a move that may help the German group trim reliance on volatile overseas markets such as China and Brazil.
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