S.Korea's Dec. Iran crude imports surge 648.2% on year

South Korea's Iranian crude oil imports in December soared nearly eight times greater than a year ago, and its 2016 crude imports from Tehran more than doubled from 2015 levels, following last January's lifting of sanctions targeting the Mideast nation.

Italy invests 4 bn euros in Iran railways

Tehran (ISNA) - A lot of foreign investors have express their readiness for investment in Iran railways, some of contracts are finalized and some of are in the negotiation phase, Iran Railways Director General for International Affairs insisted.

Iran-EU trade up 66% in 10 months

The European Union’s trade with Iran amounted to €10.3 billion in the first 10 months of 2016, a 66 percent rise year on year, based on the latest figures released by the European Union’s statistics agency Eurostat.

Vitol clinches $1b pre-finance oil deal with Iran

The world's largest oil trader, Vitol, has clinched a deal with the National Iranian Oil Co. (NIOC) to loan it an equivalent of $1 billion in euros guaranteed by future exports of refined products, four sources familiar with the matter said.

Iran Logistics Industry Overview

Iran has a broad variety of business and logistics attractions to offer. In the last few years, the Iranian government has actively sought to develop the logistics infrastructures and improve its global ranking.

Tehran Gears up for Tourist Guides Convention

Tour guides from across the world are gearing up to attend what is arguably the largest convention of its kind in Tehran later this month, as Iranian officials hope to use this opportunity to promote the Mideast nation as a viable travel destination.

Nakhchivan-Mashhad train launched

Iran has launched a direct passenger train service between its northeastern city of Mashhad and Azerbaijan’s isolated enclave of Nakhchivan – a move which is expected to provide the landlocked region with a wide access to Iran’s national rail network.

Daewoo wins deal to build shipyard for Iran

South Korea’s Daewoo Shipbuilding and Marine Engineering Company (DSME) – the world’s second biggest shipbuilding companies – has announced a major deal to develop an construction yard in Iran.
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