The presence of German companies in Iran is aimed at improving the two countries' foreign economies and boosting trade ties, said Germany's deputy minister for economic affairs and energy.
Official: German firms' presence in Iran to improve both economies
Deputy head of Islamic Republic of Iran Railways Company announced that an agreement to purchase and manufacture 6,000 freight wagons is to be inked during the 5th International Exhibition of Rail Transportation and Related Industries and Equipment.
Iran to ink deal for 6,000 freight wagons
South African Ambassador to Iran William Whitehead called for broadening Pretoria-Tehran relations in different fields.
Envoy calls for expanding South Africa-Iran ties
A high-ranking Indian politico-economic delegation is slated to pay a two-day official visit to Iran from May 16.
Indian politico-economic delegation due in Tehran
The Turkish capital of Ankara will soon host a conference on investment opportunities for Turkish investors in the Iranian market.
Ankara conference to study investment opportunities in Iran
The Asian Infrastructure Investment Bank (AIIB) said it had approved seven new members to join the bank, a day before China's biggest diplomatic event of the year kicks off.
AIIB approves seven new members
Finance ministers and central bank governors from the world’s seven biggest economic powers have kept their watered-down promise to promote free trade, as the new US administration’s reluctance to commit to a full-throated defense against protectionism remained firm.
G7 signs off on watered-down free trade pledge
Global oil markets will reach a supply-demand balance in late 2017 or early 2018 if a pact to cut output is extended, Russia's energy minister was quoted by local news agencies as saying.
Russia sees oil market balance in winter
Iran's petrochemical production capacity will stand at 72 million tons with the commissioning of six petrochemical projects in the year to March 20, 2018, according to a report.
Petrochemical production capacity to exceed 70m tons
Iran is fully on board to help revive Silk Road, an ancient trade route for a thousand years which China plans to expand between Asia, Africa and Europe.
Iran vows full dedication to China's Silk Road

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