VTB to become first Russian bank to open branch in Iran
Russia’s second largest bank, VTB, has said it is scheduled to convert its Tehran office into a branch.
Iran-Afghanistan Trade Volume Increases by 84%
TEHRAN - The Commercial Counselor of the Islamic Republic of Iran in Afghanistan announced an 84% increase in trade and commercial exchanges between Iran and Afghanistan in 2024 compared to 2023, highlighting the ongoing growth in bilateral trade over the past two years.
IRGC Navy unveils strategic underground base
The Commander of the Islamic Revolution Guards Corps (IRGC), Major General Hossein Salami, has unveiled a strategic underground base belonging to the IRGC Navy.
400 Foreign Investment Projects Active in Iran
TEHRAN - In recent weeks, reports of foreign companies, such as Saudi Arabia's Savola Group, the UAE's Majid Al Futtaim, and the European company LLC, exiting the Iranian market have raised concerns. While some view these departures as indicative of Iran's struggles in retaining foreign investment, Hossein Salimi, head of the Iranian-Foreign Joint Investment Association (IFJIA), dismissed such claims in an interview with ILNA.
Iran and Tajikistan Strengthen Economic and Cultural Ties
TEHRAN – During the meeting of Iranian and Tajikistani economic leaders, the President of Iran's Chamber of Commerce, Samad Hassanzadeh, emphasized the extensive shared heritage between Iran and Tajikistan. He highlighted opportunities to expand bilateral cooperation in petrochemical industries, oil, gas, medical equipment, healthcare, and tourism sectors.
Iran currently holds talks just with Europe: FM
Foreign Minister Abbas Araghchi has stated that Iran is currently engaged only in negotiations with the Europeans.
Iran ice climbing team finishes as runner-up at Asian Championships
The Iranian ice climbing national team has secured second place at the 2025 Asian Championship in South Korea.
Sanctions Hinder Economic Relations Between Iran and Italy
TEHRAN - A consultative meeting introducing the Iran-Italy Joint Chamber of Commerce was held with the participation of its board members, the president, vice president, the deputy of international affairs of the Iran Chamber of Commerce, and the European director from the international department. The session aimed to explore opportunities, challenges, and future plans to enhance economic cooperation between Iran and Italy.
Iran, Russia review agreements on roads, urban development
Iranian Minister of Road and Urban Development Farzaneh Sadegh and Russian Minister of Transport Roman Vladimirovich Starovoyt have evaluated agreements and understandings between the two countries.
Araghchi: Foreign ministry implements decision of Islamic Republic in negotiations
Iranian Foreign Minister Abbas Araghchi pointed out that there are well-known decision-making processes regarding the important issues of the country, including negotiations to lift sanctions.