ATR Plane Deal With Iran Imminent

Turboprop maker ATR has completed commercial negotiations with Iran Air for the sale of at least 20 aircraft and expects to be able to sign a contract very soon, the head of the Franco-Italian aircraft maker said on Friday.

Turkish Exports to Iran Jump 35.6%

Turkish exports to Iran in 2016 rose 35.6% compared to the preceding year to mark the highest rise among Turkey’s export destinations, according to Turkish Exporters Assembly Chairman Mehmet Buyukeksi.

Call for Promoting Competitive Banking

The governor of the Central Bank of Iran has called for promoting competition in the banking system, cautioning that unhealthy rivalry can lead to unsatisfactory repercussions.

MMK Shipping Flat Steel to Iran

Russian steelmaker Magnitogorsk Iron & Steel Works, otherwise known as MMK, has started shipping its flat steel products to Iran through Kazakhstan’s port of Aktau.

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.
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