open-iran
 
ELECOMP 2017 hosting over 800 exhibitors

Over 800 Iranian and foreign companies are participating in the 23nd Iran International Exhibition of Electronics, Computer & E-Commerce known as ELECOMP 2017 which kicked off on Friday in Tehran, Mehr news agency reported.

TCCIM Discusses Interest Rates, Double-Digit Inflation

A roundtable meeting was held at Tehran Chamber of Commerce, Industries, Mines and..

Iran Air new CEO elaborates on future plans

Newly appointed chief executive officer of Iran Air described the Iranian flag carrier’s main future programs on Sunday, IRNA reported.

Stock market index gains 113 points in a day

Stock index gained 113 points to 79,490 in Iran’s stock exchange market on Tuesday, Tasnim news agency reported.

Iran's June crude oil exports stand at 2.15m bpd

Iran’s oil exports to Europe and Asia stood at 2.15 million barrels per day (bpd) in June, IRNA reported on Monday citing Oil Ministry’s website.

Ukraine Seeks Linkup With Iranian Banks

Ukrainian former president, Viktor Yushchenko, announced that his country intends to expand...

Market expansion Iran’s top priority in post-sanctions economy

Addressing a ceremony on the occasion of Iran’s Industry and Mine National Day on Saturday, Iranian First Vice President Es’haq Jahangiri referred to market expansion as administration’s top economic priority in post sanctions era, IRNA reported.

Gas exports to neighboring countries, India prioritized

Neighboring countries and India are Iran’s top priority for gas exports and Europe is not one for now, Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia told IRNA.

Open Iran Business Club

Open Iran Business Club

Tax Exemption Key to FDI Absorption

Based on the experience of countries that succeeded in absorbing foreign direct investment...

Message of Cooperation Conveyed to Paris

The French president is eager to help forge closer economic ties with Tehran and play a more active role in efforts to settle conflicts in the Middle East

Germany’s Hermes Offers to Cover Iran Energy Projects

German Economy and Energy Minister Brigitte ...

Linde resumes activity in Iran

Linde Group resumed its activities in Iranian market by granting its exclusive license to an Iranian company called Axon Machine Ariana, IRNA reported on Friday.

Iran’s annual GDP growth at 12.5%: CBI

Iran's growth of gross domestic product (GDP), including oil sector, hit 12.5 percent in the previous Iranian calendar year 1395 (ended on March 20, 2017), the Central Bank of Iran (CBI) reported.

Iran, Germany set to expand trade in horticulture

Iran and Germany are going to accelerate their trade cooperation in horticultural products and hybrid seeds, Iranian Agriculture Ministry’s official portal reported.

INSO Throws Weight Behind Halal Tourism

Following the announcement last week of the designing of an Iranian halal symbol, the...

Iran Eyes Visa Facilitation With East Asian Nations

Iranian tourism officials will discuss the possibility of relaxing visa regulations with China, Japan...

Stock exchange deals value grow 141% in 5 years

The value of deals in Iranian stock exchange market rose 141 percent during the past five Iranian calendar years 1391-1395 (March 20, 2012- March 20, 2017), IRIB news reported on Monday.

17 New Foreign Investors Trade Iranian Securities

The Central Securities Depository of Iran issued 17 trading codes for foreign investors in Iran’s capital...

N. Delhi Okays Capital Markets MoU With Tehran

The Indian government approved on Thursday a memorandum of understanding signed by...

Iran Air managing director elected to IATA board of governors

- Managing director of the Airline of the Islamic Republic of Iran, Iran Air, was chosen as a member of the board of governors of the International Air Transport Association (IATA), IRNA reported citing Iran Air portal.

5 Foreign Banks Licensed by Iran

The Central Bank of Iran has released the names of 40 registered banks and credit institutions...

Billion-dollar Qatari food market on tap

The Saudi-led severing of diplomatic ties with Qatar has provided a unique opportunity for Iran to tap into the billion-dollar food market of its Persian Gulf neighbor.

Upbeat Prospects for Iran-Australia Ties

Recent improvements in the Iranian banking system such as the adoption of Financial Action Task...

Iran’s GDP growth estimated at 4% in 2017: WB

In its latest report, the World Bank (WB) predicted a four-percent growth for Iran’s gross domestic product (GDP) in 2017.

Free trade agreement discussed between Iran, Eurasian Economic Commission

Mahmoud Vaezi, Iran's minister of communications and information technology who is also the chairman of Iran-Russia Joint Economic Committee, and Veronika Nikishina, member of the board and also minister for trade of the Eurasian Economic Commission

Iranian trade delegation to be dispatched to China, Japan in mid-Aug.

The Trade Promotion Organization of Iran (TPO) is to send a trade, marketing and investing delegation to Russia from September 15 to 18 to explore avenues of exporting Iranian products to the country, the official website of TPO announced.

TCCIMA to dispatch trade delegation to Kazakhstan in late June

Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) will dispatch a trade, marketing, and investment delegation to Kazakhstan from June 27 to July 1, the official website of TCCIMA announced.

Swedish Firm Invests in Iran Accessibility Products

A Swedish firm, MentMed AB, has signed a memorandum of understanding with Iranian medical firm ...

EEU Closer to Free Trade Deal With Iran

The Moscow-led Eurasian Economic Union aims to finalize a free trade deal with Iran by the...

Spanish Tourists to Iran Double

The number of Spanish tourists in Iran reached 9,761 in the last Iranian year...

Iranian Steelmakers Bolster Presence in Thailand Market

Thailand is currently the world’s fourth largest importer of steel and Iran is...

EDBI Ready to Support Petrochem Projects

The Iranian petrochemical industry has the capacity to receive significant new investments...

Iran tops OPEC nations in Q1 oil revenue increase

Iran’s oil revenue has increased about $15 million per day (m/pd) in the first quarter of 2017 compared to the last quarter of 2016, Bloomberg reported citing International Energy Agency (IEA).

Are they lucky enough to win Iran oil deals?

After the implementation of Iran’s landmark nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), in January 2016, the Iranian oil industry has witnessed a flock of foreign companies willing to participate in different projects.

OPEC meeting: another winning chance for Iran

As one of the key players in the world’s political and economic turnovers, oil market has been witnessing lots of ups and downs in recent years.

U.S. company to help Iran build equipment for oil, gas industry

An American company is to start cooperating with Iran on manufacturing oil and gas equipment for the country, IRNA reported on Wednesday quoting an Iranian official.

Annual exports of fisheries, fish products hit $900m

More than $900 million of fisheries and fish products was exported from Iran during the past Iranian calendar year (which ended on March 20), according to Hassan Salehi, the head of Iran’s Fisheries Organization.

Europeans see huge potential in Iran’s energy market

European exhibitors participating in the 22nd International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2017) believe that there is huge potential for business in Iran’s oil, gas and petrochemical sectors.

Iranian trade delegation to visit Astana

Trade Promotion Organization of Iran (TPO) is to dispatch a trade, marketing, and investment delegation to Kazakhstan from June 28 to 30, the official website of TPO announced.

Iran to dispatch marketing delegation to Moscow

The Trade Promotion Organization of Iran (TPO) is to send a trade, marketing and investing delegation to Russia from September 15 to 18 to explore avenues of exporting Iranian products to the country, the official website of TPO announced.

Iran backs extension of OPEC, non-OPEC deal: Zanganeh

Iranian Oil Minister Bijan Namdar Zanganeh said on Saturday that Iran will back the extension of output cuts if the majority of OPEC and non-OPEC nations do so, Shana reported.

Renault’s sales in Iran rise 161.5% in Q1

Renault’s sales in Iran rose sharply (161.5%) for a market share of 9%, up 4.9 points, in the first quarter of 2017 compared to the same period of time in 2016, the company’s international website reported.

Asia’s March imports of Iranian oil rises 27% yr/yr

Iran’s four main Asian oil buyers imported nearly 27 percent more oil from the country in March 2017 compared to March 2016 as Iran took advantage of its exemption from a production cut agreed by OPEC and some other major producers.

Iran ranks as No.2 oil supplier to South Korea 1st time for a quarter

Iran ranked as South Korea's second-biggest oil exporter over the first three months of 2017 as it ramped up output to regain market share after sanctions were lifted last year, the first time ever it has claimed the No.2 spot for a quarter

Over 200 foreign companies to attend Project Iran 2017 expo

Over 200 companies will attend the 3rd International Trade Exhibition for Construction Materials, Equipment and Technology of Iran (Project Iran 2017) which will be held at the Tehran Permanent International Fairgrounds from April 24 to 27.

Iran, Russia ink MOU on fishery co-op

Iran and Russia signed a memorandum of understanding on cooperation in the fishery sector, IRIB reported on Tuesday.

IPF to bring world of petrochemicals together

The 13th edition of Iran Petrochemical Forum (IPF) will play host to 101 participants, representing 74 foreign companies from 18 countries.

Foreign investment in Iran’s capital market surged under Rouhani

Foreign investment in the Iranian capital market has witnessed a sharp rise since President Hassan Rouhani took office in August 2013, IRNA quoted Finance and Economic Affairs Minister Ali Tayyebnia as saying.

Companies from 18 countries to attend 9th ICM in Tehran

More than 40 companies from 18 countries are going to attend the 9th International Course on Islamic Capital Markets (ICM 2017) which is due to be held in Tehran on April 18-20.

BP to operate joint North Sea field with Iran

BP and Iran's state-run oil company received a license from the U.S. Treasury last year to operate their joint gas field in the North Sea following the lifting of Western sanctions on Tehran, BP said on Thursday.

Investors from 37 countries active in Iran’s capital market

Investors from 37 countries are currently active in Iran’s capital market, ISNA reported.

Mercantile exchange picks up 73% in a year

More than 33 million tons of commodities, at the value of 817 trillion rials (about $21.8 billion) were traded on the physical market at Iran Mercantile Exchange (IME) during the past Iranian calendar year 1395 (ended on March 20, 2017), showing 73

219 foreign delegations negotiate insurance co-op with post-sanction Iran

After the implementation of JCPOA (joint comprehensive plan of action which lifted sanctions against Iran in January 2016) until the end of last autumn, some 219 foreign delegations have visited the country to negotiate cooperation in different area

Hyundai seals contract for €3b petro refining project in Iran

South Korea’s Hyundai Engineering Company (HEC) signed a €3-billion contract with Iran’s Ahdaf Investment Company on Sunday for construction of the second phase of Kangan Petro Refining Complex in Iran’s southwestern Bushehr province.

Iran’s GDP growth forecast to rebound in 2016/17: IMF

The International Monetary Fund has forecasted that Iran’s real GDP growth is expected to rebound to 6.6 percent in 2016/17.

Renault sales to Iran rise 348% in January yr/yr

According to a report released by the French multinational automobile manufacturer, Renault, the company could sell 13,449 cars during the first month of 2017 in Iran, showing a 348-percent increase compared to the same month last year.

Iran, Slovakia join hands to boost economic ties

Attended by senior officials and company representatives, an Iran-Slovakia business forum was held at Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) on Tuesday.

Iran eyeing newly industrialized country target

Iran has the capacity to become a newly industrialized country (NIC) in the next calendar year, starting March 21, Industry, Mining and Trade Minister Mohammadreza Nematzadeh said on Wednesday.

By: Rebecca Meijlink* Iran means business

A team at International Research Networks (IRN) organised an excellent Iran Business Symposium on Feb. 21+23, 2017, at the Renaissance Hotel in Amsterdam. It was attended by Switzerland, Germany, Turkey, Italy, and many other EU countries and beyond.

Post-sanction Iranian economy shows ‘impressive recovery’: IMF

The Iranian economy has had an “impressive recovery” following sanctions relief last year, the International Monetary Fund (IMF) said.

Pistachio exports to Europe up 5% in 2016: Eurostat

Iran has exported €232 million worth of pistachios to the European markets in 2016 to register a five percent rise compared to 2015, the European Union’s statistics agency Eurostat was cited by Tasnim news agency on Saturday.

Belarus joins Iranian oil buyers’ club

Three months after Belarusian president’s announcement of oil talks with Iran in October 2016, the country has bought its first oil cargo from Iran.

Sanctions lift opens door to €10b of energy projects in Iran

After the removal of sanctions against Iran, once again the country has become an attractive market for the world’s renowned energy companies so that more than €10 billion worth of energy projects has been proposed by foreign companies, Energy Minis

Europe chomps most Iran oil in years with supertankers due in days

Europe is poised to receive the most Iranian crude in about five years this month in a sign that the Persian Gulf nation may be regaining its share of a market it had lost to sanctions.

NDF to receive 30% of Iran’s oil revenue

Iran will allocate 30% of its oil revenue to the National Development Fund (NDF), Mohammad-Mehdi Mofatteh, the spokesman for the parliament (Majlis) ad hoc budget review committee, said after a meeting of the committee on Saturday.

IDRO signs 19 MOUs with giant automakers in post-sanction era

Head of Iran's Industrial Development and Renovation Organization (IDRO) Mansour Moazzami told Tasnim news agency on Saturday that as of the implementation of Iran’s nuclear deal with the world powers in January 2016 his organization has signed 19 M

IDRO signs 19 MOUs with giant automakers in post-sanction era

Head of Iran's Industrial Development and Renovation Organization (IDRO) Mansour Moazzami told Tasnim news agency on Saturday that as of the implementation of Iran’s nuclear deal with the world powers in January 2016 his organization has signed 19 M

Sinosure goes big on Iranian refinery

Chinese export credit agency Sinosure has opened a $1.3 billion line of credit for the upgrade of an Iranian oil refinery.

Annual oil income projected to hit $41b: Zanganeh

Iranian Oil Minister Bijan Namdar Zanganeh has estimated the country’s oil revenues to reach $41 billion by the end of the current Iranian calendar year (March 20, 2017).

Iran, Italy set up joint venture to grow agricultural products

The Italian company Nature SRL and the Iranian company UPRO have set up a joint venture under the name UPRO NATURE. The goal of the joint venture is to grow products that comply with the quality standards of European target markets. It aims to meet t

German companies meet to discuss presence in Iran’s mining sector

Representatives from 17 German companies held a meeting in Bochum on Friday to discuss commencing activity in the Iranian mining market, the Persian service of Deutsche Welle reported.

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

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.

South Pars 9-month gas extraction exceeds 109bcm

Iran’s nine-month gas extraction from the giant South Pars gas field (which the country shares with Qatar in Persian Gulf) has reached 109.496 billion cubic meters (bcm), IRNA quoted an oil official as saying on Friday.

Iran sells crude oil at $52.16 in a week

Iranian light crude oil price continued its upward trend in the week ended on December 23, increasing 30 cents per barrel (pb) to reach $52.16, IRNA reported on Saturday.

Carpet exports from Iran to U.S. stands at $50m in 8 months

About $150 million worth of Iranian carpets were exported to the United States during the eight months to November 20, IRNA quoted Hamid Kargar, the head of Iran's National Carpet Center, on Monday.

Daewoo E&C signs power plant deal in Iran

Daewoo Engineering & Construction has signed a contract to build a thermal power plant in Iran, raising its profile to win more orders in the promising Middle Eastern market.

Cathay Associates

Cathay Associates (“柯杰全球法律联盟” in Chinese) is a global legal service network initiated by Cathay Associates Kejie, a leading Chinese boutique law firm and two European partners in September, 2015. We have 16 high-profile boutique law firms with over 5

What to Know About Doing Business in Iran By Matthew Spivack

Foreign companies, foreign governments, and Iranians expected to see improvements to Iran’s investment climate after implementing a nuclear deal and sanctions relief in the country. But peruse some of the recent headlines about Iran, and you might wo

German firm keen to enter Iranian insurance industry

A senior official from Germany's Ergo International Insurance Company voiced his company's interest in entering the Iranian insurance industry.

Business Research Services

We provide clients with business consulting services to ensure their success in the Iranian market. Providing the right legal and business advice based on reliable research is a key.

Dispute Resolution

Global disputes are becoming more frequent and complex as corporations and financial institutions continue to enter new markets against a backdrop of tighter regulatory scrutiny, higher accountability standards and intense competition.

Partner Services

Foreign investors who are looking to invest other countries usually look for local partners for their market entry. Iranian Lawyers Office as a well established law firm in Iran can help foreign investors to select the right partner for your business

Market Entry Strategy Service

We provide clients with business consulting services to ensure their success in the Iranian market. Our educated and experienced team can help you secure your investment in Iran. You can rely on our office in providing quality reports and advice for

Company Registration

A wide variety of legal arrangements may be used to carry on business activity in Iran. Some of the more commonly used arrangements are corporations, limited partnerships, partnerships, co-ownerships, joint stock company and limited liability compani

Communication improvement needed for business boom in Iran. By Dr Siamak Goudarzi

Foreign investors coming to Iran face many challenges in a country that has been closed to international businesses for many years due to sanctions, says Siamak Goudarzi, founder of Open Iran Group, which helps foreign companies end up with successfu

Iran’s TPO inks MOU with ITC

Iran’s Trade Promotion Organization (TPO) signed an MOU with International Trade Center (ITC) on the sidelines of the 11th Trade Promotion Organizations (TPOs) Network World Conference, in Marrakech, Morocco, the portal of TPO reported on Saturday.

Zanganeh optimistic about OPEC deal

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said on Saturday that it is possible for OPEC members to reach an agreement to stabilize the oil market.

Open Iran Group/Afarin Law Firm , Services

Open Iran Group/Afarila Law Firm, The Firm, is formed to cater for the needs of international companies and their local counterparts.

A Review of Iran’ s Employment Law

Iran as a developing country has an employee friendly labor employment law that sets extremely difficulties in lay off the staffs.

Balancing Opportunities with Practical Business Risks

The removal of many international sanctions on Iran in early 2016 looks certain to boost the country’s economic prospects.

Senior Nalco executives to visit Iran next month

India's state-owned firm National Aluminium Co. Ltd. (Nalco) will send a study group comprising of senior executives to Iran next month.

OPEC points to even bigger 2017 oil surplus

The Organization of the Petroleum Exporting Countries (OPEC) reported an increase in its oil production in October to a record high led by members hoping to be exempt from the producer group's attempt to curb supply, weighing on prices and pointing t

Austria to open banks in Iran to help trade

Austria plans to establish several banks in Iran in what could make it the first European country to take the initiative to facilitate post-sanctions trade activities with the Islamic Republic.

China to invest $400m in Iranian petchem project

A Chinese company is to invest $400 million in a petrochemical catalyst production project, said vice president of Iran-China Joint Chamber of Commerce.

Maku Free Zone exports first VAT-free consignment

Maku Free Zone exported its first value-added tax free consignment, said the head of Maku Free Zone Customs Organization.

Official: 17 int'l companies resume Iran shipping operations

Head of container affairs of Shahid Rajaei Port in Hormuzgan Province announced on Saturday that 17 international container shipping companies have resumed their activities in the port adding that Maersk Line of Denmark and MOL of Japan as well as CM

CAO: Over 100 foreign companies to take part in Iran Air Show

Iran's Civil Aviation Organization (CAO) announced that more than 100 foreign firms have registered for participation in the Iran Air Show 2016 which is scheduled to be held next month in the Persian Gulf island of Kish.

IME weekly trade nears $228m

Iran Mercantile Exchange (IME) announced that commodities valued at about $228 million and weighing over 633,796 tons were traded in its domestic trading and exports halls in the past working week (October 15-20).

Danish industry well placed to prosper in Iran

Danish exports to Iran jumped 66 percent in the 17 months ending May 31, 2016, according to Danny Annan, the Danish ambassador to Iran.

Belarus, Iran in talks on oil supplies

Belarus is in talks with Iran on supplies of oil, said Belarusian President Alexander Lukashenko on Friday.

Salehi: Iran best country for foreign investors

Iran is the best country for foreign investors, said the Head of Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi.

Maku Free Zone development projects progressing

Managing director of Maku Free Zone Organization said 76 percent of the development budget for the fiscal year from mid-March has been allocated for projects.

Forum guides foreign firms into Iran’s ‘tricky’ market

A forum has gathered international businesses as well as consultation and law firms to introduce business opportunities in Iran’s new and developing market to foreign investors. Organized by International Finance and Open Iran, the two-day Focus I

OPEC head: Iran committed to building oil-market consensus

Iran is committed to building a consensus on stabilizing the oil market between OPEC and non-member countries, the group’s new Secretary-General Mohammed Barkindo said.

Airbus says granted US license to sell planes to Iran

Airbus says it has obtained an initial license from the United States to supply passenger jets to Iran as part of a 25-billion-dollar deal between the aircraft manufacturer and the Islamic Republic signed in January.

Vaezi calls for Iran-Sweden cooperation in communications, IT

Minister of Communications and Information Technology Mahmoud Vaezi called for expansion of Iran-Sweden cooperation in communications and information technology.

Iran replacing Venezuela in Spain's oil market

Venezuela is gradually losing Spain's oil market, as the European country has increased crude oil import from Iran, the Spanish El Mundo newspaper reported.

Iran's oil exports to Japan up

Iranian Oil Ministry announced that oil exports to Japan had been on the rise during three consecutive months to reach 257,000 barrels per day (bpd) in July.

Petrochemical production tops 23m tons

Over 23 million tons of petrochemical products were produced during March 20-September 5, showing a seven-percent increase compared to the figure for the same period last year.

Russian banks ready to operate in Iran

Russian banks are ready to enter Iran's banking sector and help facilitate overseas transactions particularly now that Western financial institutions are dragging their feet on this even though sanctions against the country were lifted.

Top India shipping line to revive Iran joint venture

State-run Shipping Corp. of India Ltd. plans to revive a 40-year-old joint venture with an Iranian company.

France's Orange in talks with Iran's MCI on potential cooperation

French telecoms operator Orange is in negotiations with Mobile Telecommunication Company of Iran (MCI), the country's largest mobile operator, "regarding a number of areas of potential cooperation and business topics", said a spokesman.

Asia's July Iran oil imports rise over 60%

Imports of Iranian oil by four major buyers in Asia in July jumped 61.1 percent from a year earlier, marking the biggest percentage gain since April 2014, reflecting Tehran's eye-caching moves to regain market share, lost under international sanction

Seoul, Tehran agree to boost ICT cooperation

South Korea and Iran agreed on a revised memorandum of understanding (MOU) on Wednesday to expand cooperation in the information and communications technology (ICT) sector, announced Seoul's Science Ministry.

Iran signals more willingness for OPEC action to boost oil price

Iran is sending positive signals that it may support joint action to prop up the oil market, sources in OPEC and the oil industry said, potentially aiding efforts to revive a global deal on freezing production levels at talks next month.

Oman gears up to promote products in Iran market

The Sixth Omani Products Exhibition (OPEX) is scheduled to be held in Tehran, Iran from September 26 to 30 as the organizing committee of OPEX has begun its marketing campaign in the Iranian capital to promote the upcoming event.

Iran, Russia to resume banking transactions soon

Iranian and Russian banks will begin banking and monetary transactions following the removal of sanctions against Tehran, said an official on Tuesday

Iran to do away with two-tier exchange rate

The government plans to unify the two-tier exchange rate for the US dollar to attract more foreign investment following the removal of anti-Tehran sanctions.

South Koreans keen on investing in Iran's rail projects

An economic delegation from South Korea visited rail projects in Iran to study investment prospects in the sector, said the CEO of Iran's Construction and Development of Transportation Infrastructure Company (CDTIC).

Iran to ship LNG to Europe

Oil Minister Bijan Namdar Zanganeh announced that Iran has plans to export gas to Europe.

Exports to South Africa up in post-JCPOA

Iran's exports to South Africa have increased in the post-JCPOA era, said Iran's commercial attaché to South Africa.

Iranian carpets retake US market

The removal of anti-Iran sanctions has led to a boost in Iran's rug trade, with exports to the US reclaiming lost ground in a big way.

Twofold rise in oil exports, a result of JCPOA

The twofold increase in Iran's oil exports is among the impacts of the Joint Comprehensive Plan of Action (JCPOA), said managing director of National Iranian Oil Terminals Company (NIOTC) on Sunday.

Poland's Lotos expecting Iran's oil in Gdansk Sunday

Poland's second biggest refiner Lotos said on Friday that it expects oil supplies from Iran to arrive in Gdansk port at the Baltic Sea on Sunday.

Iran celebrates 50th year of gas industry

Iran has now been producing gas commercially for exactly 50 years, and output today has reached 255 billion cubic meters per year which is 70 percent of the country's primary energy demand.

Iran oil exports to Asia up 47.1% in June

The latest figures revealed that Iran’s exports of crude oil to four major buyers in Asia in June jumped 47.1 percent from a year ago to the highest level in more than four years, evidence Tehran's moves to recoup market share, lost under nuclear san

WB: $30b of Iran's frozen assets released

The World Bank said a landmark nuclear deal that Iran signed with the P5+1 last year has already enabled the country to gain access to as much as $30 billion of its assets that had been frozen as a result of the sanctions.

Iran, Italy ink four MoUs to broaden bilateral ties

Iranian and Italian officials in a meeting in Sari signed four memoranda of understanding (MoUs) to further expand their mutual cooperation in different areas, especially in trade and economic fields.

Chitchian: UK banks should play more active role in trade with Iran

Minister of Energy Hamid Chitchian said on Tuesday that British banks should play more active role in the expansion of trade cooperation with Iran.

Tehran, Baku cooperate in oil industry maintenance

There are great opportunities for cooperation between Iran and Azerbaijan in oil industry maintenance that will be in the interest of both the countries if tapped, deputy oil minister in engineering affairs believes.

Iran leases five tankers to world oil firms

A National Iranian Tanker Company (NITC) official reported on signing of a contract to lease five Iranian tankers to foreign oil companies.

Iran, South Korea ink MoU on bourse cooperation

Iranian and South Korean stock exchanges signed a memorandum of understanding (MoU) on mutual cooperation.

Iranian oil, gas industries lucrative for foreign investment

Head of the Energy Committee of Tehran Chamber of Commerce, Industries and Mines said Iranian oil and gas industries are the best option for investment by foreigners.

Iran recommences petchem exports to Britain

TEHRAN - Iran resumed petrochemical exports to Britain sending a consignment to the country for the first time after lifting of the international sanctions, Mehr news agency reported on Sunday.

Renault to arrive in Iranian auto market with 5 new products

TEHRAN- “The French car maker, Renault, plans to cooperate with two Iranian giant auto makers on manufacturing its five new products for the Iranian market,” an official in Iran Development and Renovation Organization (IDRO) told IRNA.

Foreign firms hugely invest in Iran’s oil, gas

Spectacular presence of the foreign companies in Iran’s international oil and gas exhibition shows the companies’ enthusiasm for strengthening post-sanctions relations with Iranian firms as several agreements have been signed during the event which k

Iran confirms selling 2m barrels of oil to Poland

Poland's Grupa Lotos has bought 2 million barrels of crude from Iran in a one-off purchase, an Iranian oil official was quoted as saying on Saturday by the oil ministry's news agency SHANA. Mohsen Ghamsari, the director for international affairs at N

Iranian automaker in talks with LG to make electric vehicles

Iran Khodro Co., an automaker in Tehran, is in talks with LG International Corp. to develop electric vehicles for the Iranian market. “Negotiations are underway,” said Iran Khodro Chief Executive Officer Hashem Yekke-Zare. The companies may clinch th

Daimler vows to take China off Iran roads

Daimler says its trucks division will start the deliveries of Mitsubishi Fuso brand in Iran later this year.

Iran looks to Iraq as a big market for trade

Iran finds neighboring Iraq its closest ally in the Arab world as well as a big market for its domestically produced goods.

Foreigners’ purchase of Iranian shares near $23m in a month

TEHRAN- “Overseas investors purchased 798 billion rials (about $22.7 million) of shares in Iran’s capital market during the third Iranian month of Khordad (May 21- June 20, 2016), a senior official in Central Securities Depository of Iran (CSDI) said

Iran-Turkmenistan $2.5b deal finalized

Iran-Turkmenistan 2.5-billion-dollar agreement was finalized, said Oil Ministry’s special envoy of for export of technical and engineering goods and services.

‘Smart money’ moving towards Iranian capital market: IFB CEO

To reach an average 8 percent economic growth during the next five-year period, according to decree of the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei, and following withdrawal of the financial embargo in January, the Iranian administr

India becomes second largest buyer of Iranian crude

Iran's crude oil exports to India in March 2016 surged from 290,000 to 505,000 barrels per day turning the South Asian country into Iran's second largest oil customer.

Doosan Heavy Industries lands $186m desalination deal in Iran

South Korea’s Doosan Heavy Industries & Construction Co. won a 220 billion won ($185.9 million) worth order from Iran-based Sazeh Sazan Co., to build a seawater reverse osmosis desalination (SWRO) plant in the Middle East country.

PSA signs JV deal with Iran Khodro

French carmaker PSA Peugeot Citroen says it has signed a final agreement with Iran Khodro to form a joint venture to produce vehicles in Iran.

Foreign investments welcomed in Iran: CBI governor

TEHRAN- The Governor of the Central Bank of Iran (CBI) Valiollah Seif in a Wednesday meeting with Vice Chairman of China Investment Corporation (CIC) Li Keping admitted that to accelerate its economic growth, the Islamic Republic warmly welcomes attr

Major rise in foreign investments in Iran

The Financial Times says the latest figures show that the volume of Foreign Direct Investment (FDI) in Iran has reached the highest level in years following the removal of sanctions against the country in January.

‘Iran next to join emerging power SCO’

Iran is next to join the Shanghai Cooperation Organization (SCO) which will officially have India and Pakistan on its roster next week, Kazakh President Nursultan Nazarbayev has said

IRAN SEA EXPO SUMMIT AND EXHIBITION 24th To 26th September 2016 Tehran -Iran

International Maritime exhibition and Summit of Islamic republic of Iran

Iran safe for foreign investments

Iranian Foreign Minister Mohammad-Javad Zarif said Sunday that the world needs to face the fact that Iran is the most secure and lucrative market for investments, semi-official Mehr news agency reported.

Iran to set up financial hub in south

Iran says it is preparing to launch a financial hub in its southern Qeshm Island – a plan which is expected to facilitate the country’s overseas financial transactions currently under strains as a result of the remaining US sanctions

Iran signs contracts with major European companies for crude sale

Iran has signed contracts with major European companies for the sale of crude oil, five months after the implementation of the last year’s nuclear agreement between Tehran and six global powers, a senior Iranian official says

BP ready to invest in Iranian oilfields

British oil and gas giant BP has expressed readiness to invest in the development of certain Iranian oil fields, said a deputy oil minister.

Iran launches direct flights to Astrakhan

Iran has opened direct flights between Tehran and the Russian city of Astrakhan to boost trade ties between the two countries, local media reported Tuesday, citing a senior official with the Trade Promotion Organization of Iran

Iran sells over 15mn tons of cement overseas

A new report says Iran exported more than 15 million tons of locally produced cement over the last Persian calendar year (ended March 19)

Jump in foreign investments in Iran’s OTC

Iran’s media have reported a major rise in foreign investments made in the so-called over-the-counter (OTC) market or better known in Tehran as Fara Bourse

Indonesian minister due in Iran for oil deal

Iranian Minister of Petroleum Bijan Zangeneh will meet his Indonesian counterpart in Tehran on Monday to discuss fresh energy cooperation, the Shana news agency says

Iran regaining lost oil market share faster

The latest market figures show that imports of Iran’s oil by the country’s Asian clients increased by more than 13 percent in April from a year ago, confirming recent indications that the country is regaining the share of the oil market it lost as a

‘Norwegian company after major gas deal with Iran’

Norway’s oil and gas giant Hemla Vantage seeks to seal a $600 million energy deal with Iran on the production and export of liquefied natural gas (LNG) and liquefied petroleum gas (LPG), a report says

Business Advice Department

With more than a decade of experience, we know the International Business inside out. Our experts have helped many traders through the complex process of establishing a business and investing overseas and in Middle East.

Legal Services Department

Open Iran offers legal services through its main partner Afarin Law Firm that is an international firm specialized in providing legal services to transnational companies

UK Trade Mission to Iran 24th to 28th September 2016

The Middle East Association (MEA) will be facilitating a Trade Mission to Iran, in conjunction with M-Power Enterprises. The Mission will last from the 24th to 28th September and will centre on the 11th Annual Iran Water & Wastewater Exhibition (Wate

Major rise in Germany’s exports to Iran

The latest official figures show that German exports to Iran rose significantly in the first quarter following the removal of international sanctions against the country

SAIPA, SK Networks seal $1bn deal

Iran said on Sunday that a deal has been signed with South Korea’s SK Networks to provide $1 billion in funds for the procurement of auto parts and car production materials

"FOCUS IRAN SUMMIT 26th – 27th SEPTEMBER 2016 TEHRAN, IRAN AT "ESPINAS PALACE HOTEL

International Finance Magazine and Open Iran Group's "FOCUS IRAN SUMMIT" aims to nurture partnerships for global investment banks, trade and business councils, PE and asset management firms, venture capitalists, legal counsel and academia, techno

Who will win over the Iranians?

The battle for investment opportunities has just begun as the Middle East superpower opens itself to the world

"Kish Invex 2016" 31st Oct.- 3rd Nov. 2016 Kish International Exhibition Center

Open Iran Group Co-Organizing The 3rd Kish International Exhibition of Exchange, Banking, Insurance and Privatization and the 8th International Exhibition for Presenting Iran’s Investment Opportunities, are about to be held simultaneously in November

Major rise in Germany’s exports to Iran

The latest official figures show that German exports to Iran rose significantly in the first quarter following the removal of international sanctions against the country.

International Conference «Heavy Iran 2016»

n the near future all sanctions against Iran may be lifted, and almost USD 150 billion on bank accounts will be released. The country is awaiting a real investment boom not only in oil and gas sector, but in all spheres of economy, including machine

Iran exports biological drugs technologies

An Iranian official says Iran is now exporting the technologies and expertise of many biological drugs to other countries.

Tata Motors to set up car unit in Iran

India’s media reported on Monday that the country’s Tata Motors is in talks with Iran’s auto giant Iran Khodro to set up a car production unit in the country.

Iran, New Zealand agree on agricultural cooperation

The Islamic Republic of Iran and New Zealand have reached an agreement to work jointly in different areas of agriculture

Top Siemens official highlights Iran's huge economic potential

Iran has the potential to become a major economic power given its high reserves of natural resources and its highly skilled population, said a member of the managing board of German electronics giant Siemens in an interview with IRNA in Berlin.

Iran, Azerbaijan to discuss joint bank

Iran says it is working on a plan to establish a joint bank with Azerbaijan and that the idea will be raised during a meeting between top economic officials of the two countries in less than a day

Bosch to open business, hire staff in Iran

German auto parts supplier Bosch is opening an office in Tehran and plans to hire 50 personnel by the end of this year because it sees growing potential in Iran's car market following the lifting of international sanctions.

Iran, Norway ink MoU on oil industry cooperation

Iran's Research Institute of Petroleum Industry and Norway's International Aker Solutions Company signed a memorandum of Understanding (MoU) to broaden cooperation in the oil industry.

Japan eyes development of Iranian port: Report

A new report says Japan seeks to play a part in the development of the southeastern Iranian port of Chabahar

Umcebo Capital Limited

Umcebo Capital Ltd is the Investment Manager to the Umcebo Managed Fund (Cayman Islands). We are seeking investment from eligible, sophisticated Investors within Iran. Target ROI is 8-10% per month, with our beta test performance earning 300% for 201

Europe refiners step up Iran oil imports

Two more European refiners have booked oil cargoes from Iran since sanctions were lifted on Tehran which is ramping up production to regain market share.

Iran reports huge rail purchase from India

Iran said on Sunday that it had made a major purchase of rails from India, adding the payment for almost the entire of the purchase had been made by New Delhi

Iran sets new steel export record

Iran said on Sunday that it had exported 4.1 million tons of steel in the past Persian calendar year which ended on 22 March 2016 thus setting a new record in sales of the strategic product to international markets

Big construction deals on horizon during Park's Iran visit

South Korean construction companies are set to sign a series of big development projects in Iran when a business delegation visits the Middle Eastern nation next month to promote bilateral economic ties, industry officials said Saturday.

British travelers flock to Iran

Iran is appearing on the travel itineraries of an ever-increasing number of British holidaymakers, following a thaw in diplomatic relations between the Islamic Republic and the West.

Iran-Azerbaijan trade turnover up 53%

Trade turnover between Iran and Azerbaijan increased by 53 percent in the first three months of the current year, said Iran's Communications and Information Technology Minister Mahmoud Vaezi.

UK Trade Mission to Iran, May 2016 Multi-Sector 7 to 11 May 2016

With local coordination of Open Iran Group, this multi-sector Mission will visit Tehran from 7th to 11th May 2016 The mission leaders have first-hand experience in doing business in Iran and will give delegates full in-market support. Delegates wil

EU sees significant role for Iranian LNG in Europe

Iranian liquefied natural gas could start to play a significant part of the European Union's energy mix after the next three to four years, the bloc's energy chief said after meeting officials to map out future energy ties.

Rouhani lauds India role in Chabahar plan

Iran’s President Hassan Rouhani said on Sunday that the development of the country’s southeastern port of Chabahar will help connect India with Central Asia and will mark a new chapter in relations between Tehran and New Delhi

Markazi Province hosts 30,000 foreign tourists

Markazi Province has always been a main destination for Iranian and foreign tourists in view of its numerous tourist attractions, including historical monuments. The city of Mahallat — famous for its large flower gardens — has augmented the province

South Korea imports 80% more Iran oil year-on-year in March

South Korea's imports of Iranian crude oil surged 81 percent in March from the same month a year earlier following the lifting of sanctions against Iran, customs data showed on Friday.

Norway to launch Iran’s first FLNG plan

Iran says it is working on a plan with a Norwegian company to build a floating facility to liquefy natural gas in the Persian Gulf

India vows to invest $20bn in development of Iran’s Chabahar port

India says it is ready to invest $20 billion in the development of Iran’s southeastern Chabahar port – a move that would enable New Delhi to dodge Pakistan and establish a strategic connectivity to Afghanistan as well as the Central Asia

‘OMV ready to resume Iran oilfield work’

Austrian energy company OMV has announced its readiness to resume developing the Cheshmeh Khosh oilfield in western Iran, a report says

India’s crude imports from Iran highest in five years

India’s crude oil imports from Iran have topped 500,000 barrels per day (bpd), reaching the highest level in at least five years

EU banks start re-engaging with Iran

European banks have reportedly started to re-engage with Iran after over two months from the removal of sanctions against the country

‘Germany’s VW close to Iran auto deal’

Iran said on Sunday that Germany’s auto giant Volkswagen is expected to seal a deal with an Iranian partner in the near future to invest in the country’s car industry

Iran to begin producing cars in Oman in 2017

A joint venture to manufacture cars in the Persian Gulf sultanate of Oman by Iran will begin in a year, an Iranian official has said

South Korea to build steel mill in Iran

South Korean steelmaker POSCO - the world's sixth-biggest steel producer - has announced a plan to help build a $1.6 billion steel mill in southeastern Iran

Russia plans ‘green corridors’ for Iran

Russia says it is establishing “green corridors” on its Caspian coasts to receive agricultural products from Iran

Iran offers ample investment opportunities for Oman

Muscat: Iran offers ample investment opportunities for Omani entrepreneurs as the country is gearing up to execute several projects in a wide range of industries

Boeing Co. is Finally Open for Business in Iran

The U.S. government cleared the manufacturer to begin talking with approved Iranian carriers about their fleet needs, a first step toward entering the country’s resurgent aircraft market, Boeing (IW 500/12) said Friday

Iran discussing investments with US firms

Iran said on Saturday that it has started preliminary talks with some American companies over certain investment projects in the country.

Japan Keen to Invest in Iran’s Market

TEHRAN (Tasnim) – A senior Japanese official voiced the Asian giant’s eagerness to immediately revive economic relations with Iran and take the ample investment opportunities in its market

Iran seeing growing foreign guests after nuclear deal

Iran made a deal with six world powers for more global engagement and booming economy. The deal, implemented on January 16, ended sanctions which had brought the country’s economy to its knees.

Russian companies gearing up for Iran business

A new report says Russian companies are making a dash for Iranian market following the recent removal of anti-Iran sanctions

BASF to invest $4bn in Iran petchem plan

Iran said on Friday that Germany’s BASF – the world’s largest chemical producer – plans to make an investment of as much as $4 billion in its petrochemical industry

KT&G expands business in Iran

KT&G is expanding its business in Iran as the Islamic country is requesting more investment from Korea’s largest tobacco firm, company officials said Wednesday

Iran, Japan sign investment pact to lure wary Japanese firms

Iran and Japan signed an investment agreement on Friday following the lifting of sanctions on Tehran last month, aimed at encouraging investment in the Iranian economy from Japanese companies wary of remaining US restrictions

Japan Set to Resume Business With Iran

TOKYO—Japan signed an investment treaty with Iran on Friday, joining China and others in a scramble for business as sanctions on the Middle East’s second-largest economy are lifted

Establishment of Foreign Representatives and Branch Offices in Iran

January 2016--The Registration of Companies Act, the Law for Allowing the Registration of a Branch or Representative of Foreign Companies and its By-law, the Law of Protection of the Rights of Consumers and certain other legislation lay down rules fo

Russia’s GAZ in Talks to Launch Assembly Line in Iran: Report

TEHRAN (Tasnim) – GAZ Group, Russia’s leading manufacturer of commercial vehicles, is in talks for cooperation with a number of Iranian automobile manufacturing companies in the wake of the termination of anti-Tehran sanctions, a report said

Russia’s GAZ in Talks to Launch Assembly Line in Iran: Report

TEHRAN (Tasnim) – GAZ Group, Russia’s leading manufacturer of commercial vehicles, is in talks for cooperation with a number of Iranian automobile manufacturing companies in the wake of the termination of anti-Tehran sanctions, a report said

Swiss Firm TOLGA Eager to Invest in Iran’s Solar Industry

TEHRAN (Tasnim) – A leading Swiss photovoltaic (PV) company expressed willingness for presence and investment in Iran’s market following the termination of anti-Tehran sanctions

Swiss company loads Iranian oil for European consumers

Glencore PLC, the Switzerland-based mining and trading giant, has become the first Western company to load oil of energy-rich and sanctions-free Iran.

Minister Calls for Japanese Automakers’ Investment in Iran

TEHRAN (Tasnim) – Iranian Minister of Economic Affairs and Finance called on the giant automaker Toyota and other Japanese auto manufacturing companies to invest in Iran as much as their French rivals, including Peugeot-Citroen and Renault, which are

Germany, Japan to jointly invest in Iran’s projects

Germany and Japan, the two countries that seem firmly determined to reenter the Iranian market seek to invest in various petrochemical projects of Iran

Iran exports $110m saffron in 10 months

Iran exported more than 76 tons of saffron worth $110 million in the ten months to January 20.

Rouhani invites U.S. firms to invest in changing Iranian economy

DUBAI Iran has no problem with U.S. companies investing in its economy and creating joint ventures, President Hassan Rouhani said on Tuesday, and he called for foreign investment and diversification away from oil

Developing Relations With Iran: Europe’s Large-Scale Strategy – Analysis

Italy and France were destinations for Iranian President Hassan Rouhani’s first official trips following the removal of sanctions that had been imposed on Iran over its peaceful nuclear program

Rouhani invites U.S. firms to invest in changing Iranian economy

Iran has no problem with U.S. companies investing in its economy and creating joint ventures, President Hassan Rouhani said on Tuesday, and he called for foreign investment and diversification away from oil

Rouhani: Investment in Iran ‘guaranteed enough, profiting’

TEHRAN, Jan. 28 (MNA) – Iran’s Hassan Rouhani has ensured French would-be investors that their investment will be profiting and will have enough guarantee

Iran, Germany's Siemens ink $1.6b deal

The chief executive officer of Siemens AG, Europe's biggest industrial group, said the German company signed a memorandum of understanding (MoU) with Iran on transportation services.

Iran Is Back in Business

ostracized as a pariah for almost four decades, Iran is back in business in a mere ten days—and with both East and West

Griffon Starts $108 Million Fund to Invest in Iranian Stocks

Griffon Capital, a Tehran-based firm set up by a group of international and Iranian investors including Xanyar Kamangar in anticipation of Iran’s nuclear deal, is seeking to raise 100 million euros ($108.2 million) by the end of the year for a new of

Iran seeks investment in capital markets

Iranian fund managers hope to give overseas investors more exposure to the country’s equities after the lifting of many international sanctions last week

Consider establishing your company in Free Zones

There is no doubt, Iran has a lot of potential: a domestic market of 80 million people, 93 billion bbl or approximately 9% of the world’s proven oil reserves, 21 trillion cubic meters or 15% of the world’s proven gas reserves, 11 petrochemical comple

Chinese car makers invest in Iran

One key part of the cooperation between China and Iran focuses on the car industry. For over ten years, Chinese car makers explore this market in Iran as the demand there continues to increase

Iran is world's biggest emerging market since collapse of Soviet Union, says Lord Lamont

Iran is the world’s biggest emerging market since the collapse of the Soviet Union 25 years ago, according to the politician given the job of opening up trade relations – but Britain is languishing behind rivals in its share of business

Greece to restart crude oil purchases from Iran

Greece's biggest oil refiner Hellenic Petroleum agreed on Friday to buy crude oil from the National Iranian Oil Company (NIOC), the first European refiner to restart trade relations with Iran after the lifting of international sanctions, Reuters repo

Iran capitalises on sanctions removal with slew of deals with western businesses

Western businesses are jockeying for investment opportunities in Iran as the country regains access to the global financial system following the lifting of sanctions at the weekend

Companies rush to invest in Iran after deal

DUBAI — Iran ordered a sharp increase in oil output yesterday to take immediate advantage of the lifting of international sanctions, and some foreign firms raced to snap up deals as Tehran emerges from years of international isolation

Italy to Offer Financing for Investment in Iran

Italian government is working to help companies get closer to investors and prospective clients in Iran

Iran emerges as market of the future

After years of tough United Nations sanctions on Iran, on areas such as banking, steel, shipping and aviation, global companies are hoping to cash in on the expected trade boom. And it is not just about pumping more oil.

Iran emerges from the shadows with huge untapped potential

Officials plan to increase oil production immediately by about 500,000 barrels per day. After that, the next priority is getting access to up to $150 billion of frozen assets to help rebuild an economy that analysts say has the potential to be the "G

Iran to buy more than 100 aircraft as boom time beckons

A purchase of more than 100 aircraft from Europe's Airbus may be one of Iran's first big deals in a trade and investment boom that could reshape the economy of the Middle East

Rouhani sees financial windfall as Iran sanctions are lifted

President Hassan Rouhani said Iran's financial resources will "increase significantly" after its compliance with the terms of an accord to curb its nuclear program paved the way for the removal of crippling economic sanctions.

Airbus plan heralds Iran boom after sanctions lifted

A purchase of more than 100 aircraft from Europe's Airbus may be one of Iran's first big deals in a trade and investment boom that could reshape the economy of the Middle East

German Companies Could Invest 12 Billion Euros In Iran’s Petrochemical Sector

German companies have proposed a 12 billion euro worth of investment in Iran’s petrochemical projects, Abbas Sheri Moqaddam, Iran’s deputy oil minister said without unveiling further details

Australia mulls mining investment in Iran, to open economic agency in Tehran

Australia will soon send a delegation of senior company officials from the mining, trade, and industry sector to Iran. To be led by the Minister for trade and investment, the visit may take place in May 2016

Denmark Ramps Up Renewable Investment In Iran

Many nations have expressed their willingness to invest in Iran once the western sanctions against the country’s nuclear program are lifted

Removal of sanctions: a chance to invest in Iran Mercantile Exchange

Iran has entered the 2016 with the good news of the removal of banking sanctions on exporting petrochemical products - a gift to Iranian banking sector, petrochemical industry and its Capital Market in particular the Mercantile Exchange

Capabilities and Advantages of East Azarbaijan

Regarding to other actions for creating appropriate conditions, the awareness of the capabilities and opportunities in the province by the investment applicators is very important, for this purpose up to date information and publishing the capabiliti

capacities and capabilities of Zanjan province

Specific geographical location of the province from point of locating on energy corridor and easy access to main transferring lines of petroleum, gas and other petroleum products and also it`s access to the electric power transferring lines

Benefits of special zone and investment opportunities

Possibility of using 35-hectare land of Negin Island (expandable to 70 hectares) for investment and benefiting from advantages of special zones and exclusive road access to the Persian Gulf Highway (Bushehr-Borazjan)

Capabilities and Investment Potentials of Hormozgan Province

Regarding the scarcity of resources and the need to optimize them in order to increase economic growth, it is necessary to identify the relative economic advantages of a region and lead the investment resources to the most productive and efficient se

Iran eyes Russia for petrochemical exports

Iran is eyeing the Russian market for sales of petrochemical products as prices in Europe continue to fall with the decline in international crude and naphtha rates.

Anzali Free Zone And Economic and Geographic Advantages

Easy access to north & south ports of Europe through Volga River & Volga-Den (bay)

Anzali Free Zone And Investment Opportunities

The m ain goal of many under development countries is accessibility to stable development and rising up their national revenue by promotion of export an d production capabilities since the more production and export means the better economic developm

Installation of 25 MW Power Plant in Babolsar

Distributed Generation (DG) development is targeted to reduce electrical wasted energy and environment problems in IRAN by ministry of energy. In this way, Mazandaran province has a special situation because of geographical and environmental cond

zanjan

Zanjan is known for its beautiful handcrafts such as knives, traditional sandals, called charoogh, and malileh, a handcraft made with silver wires.

OIBC

Becoming a member of Open Iran Business Club is the perfect way to enhance your access to this market. Members gain professional advice and services, have access to exclusive investment projects, have unique opportunities to network and meet like-min

Asian demand to fuel Iran's Siraf eight-refinery project

Asia is expected to be the destination for more than half of Iran's ambitious $2.8-billion Siraf Refinery project's value-added oil products when the venture starts up in 2018, said the refinery’s managing director, leaving little room for condensate

Iran targeting 330 bcm gas output annually by 2017

Iran is planning to boost its processed natural gas output to nearly 330 billion cubic meters (bcm) a year in the next two years, said head of National Iranian Gas Company (NIGC).

Iran discusses investment in foreign refineries

Iran has begun negotiations to buy shares in oil refineries in Europe, Latin America and Asia, a deputy oil minister was quoted as saying by Mehr News Agency on Tuesday.

Iran unveils long-awaited oil contracts

Iran’s Ministry of Petroleum published the new framework of oil and gas contracts which will be presented formally to foreign companies in a conference in Tehran later this month.

Promoting Hamedan tourism potentials a necessity

Hamedan city, the capital of the western province of Hamedan, is recognized as one of the favorite destinations for tourists to Iran. All historical and natural attractions of the city are unique in their own way. The city, with some of the most beau

‘Iran growth to outperform MENA states

Iran’s economic growth will outperform most of the Middle East and North Africa (MENA) countries in 2016 when sanctions are lifted, a Washington-based finance industry body says.

Iran to boost oil exports after sanctions are lifted

TEHRAN, Iran (AP) — Iran said Tuesday it will export an additional 500,000 barrels of oil a day after sanctions are lifted under a landmark nuclear deal in a bid to reclaim its market share despite low prices

China's investment in Iran to grow by sanctions relief

TEHRAN – Iran’s commercial attaché in China has said there will be no concerns over the two countries’ trade after the removal of sanction estimating a widespread growth in China’s investment in Iran.

Oman’s path to Iran

Through economic ties and a careful, long-standing diplomatic posture, Oman has become a key player in the Middle East.

S. Korea Impatient to Invest in Iran

TEHRAN (Tasnim) - South Korean Foreign Minister Yun Byung-se voiced his country’s willingness to broaden economic relations with Iran as soon as a final nuclear deal between Tehran and world powers terminates the anti-Iran sanctions.

Rosneft to buy Essar Oil; Iran in talks to invest in refineries abroad post-sanctions

DUBAI: Iran has started negotiations to buy shares in oil refineries in Europe, Latin America and Asia, the deputy oil minister was quoted as saying by Mehr news agency on Tuesday

Shohini Sengupta: Buying Iran's bonds

India owes Iran between $6.5 and $8.8 billion for oil purchases. So, investing in Iran could go a long way towards strengthening India's energy security

Exclusive France's Sephora to open shops in Iran next year

France's Sephora plans to open several shops in Iran starting next year, becoming one of the first major European specialist cosmetics retailers to directly invest in the country as it emerges from years of economic sanctions

Iran prepares to open up to foreign oil companies

It is customary in Iran to refuse an offer several times before agreeing to take it, whether it be an invitation to tea or a business deal. Foreign energy companies are gearing up to play the same game of manners during negotiations over the terms of

Iran’s petchem sector negotiating to open offices abroad

TEHRAN – Iran’s petrochemical sector is negotiating with a number of countries including Spain and the Commonwealth of Independent States (CIS)to open sales offices over there, according to an Iranian oil official.

Iran: Economy to surge by 6% after sanctions are lifted, as IIF estimates bigger growth than China

The Iranian economy will surge by 6% when sanctions are lifted, the Institute of International Finance (IIF) has estimated. The growth means the country will outperform many other states in the region.

Traders hope Iran deal will avail Persian carpets

Dusting off the thousands of exquisite Persian carpets he has kept in storage for several years, Amir Hossein hopes that soon he will be able to ship at least some of them to the US.

Iran Deal Milestone Starts the Clock on Oil Sanctions Relief

World powers and Iran set the clock ticking Sunday on a landmark accord placing limits on the Islamic Republic’s nuclear work in return for access to oil and financial markets.

This ex-Deutsche Bank tech expert quit his job to risk everything on Iran's coming economic boom

Iran's economy is set to get a once-in-a-generation boost when a deal to lift international sanctions gets finalized in a few months.

Iran's Man in New York Is Hunting for Billions of Dollars

Share on Facebook Share on Twitter Iran, by its own admission, needs $150 billion of investment annually for many years ahead to repair the damage from a decade of isolation. That’s a tall order for a country that, even when sanctions are finally l

Russia offers gas, oil swap deals to Iran

Russian Energy Minister Alexander Novak said on Friday Kremlin-controlled gas producer Gazprom has offered gas supplies to Iran under a swap arrangement, and similar oil deals were also under consideration.

This Week In Energy: How Iran Plans To Attract $100 Billion In Oil Investment

There was little movement on oil prices this week – a few down days and a few up days. WTI closed out the week trading in the mid-$40s, with Brent at $48 per barrel.

Microsoft preparing to invest in Iran

Officials in Tehran said on Wednesday that Microsoft as well as several other leading US tech enterprises are preparing to enter the Iranian market in the near future.

Iran Could Trigger A Resource War On Several Fronts Other Than Oil

As has already been discussed at length, once the economic sanctions imposed by the U.S. and the European Union on Iran begin to be lifted next year, there is going to be a surge in the already oversupplied global crude oil markets. The current world

Japan, Iran agree on investment pact after sanctions end

Japan and Iran have reached agreement on an investment accord, which may give a boost to Japanese investments into the Islamic Republic once sanctions are lifted as early as next year, the countries' foreign ministers said in a statement.

Legal Service

Open Iran offers legal services through its main partner Afarin Law Firm that is an international firm specialized in providing legal services to transnational companies

Business Consultancy

With more than a decade of experience, we know the International Business inside out. Our experts have helped many traders through the complex process of establishing a business and investing overseas and in Middle East.

Expert says large Iranian-US population to help Iran-US mutual trade, economic co-op

Economic cooperation between the United States and Iran is not only necessary, but inevitable, John Feffer, who is director of Foreign Policy In Focus at the Institute for Policy Studies believes.

Five tips for doing business in Iran

Following the recent nuclear agreement, a significant number of EU and US-based companies have started reassessing their strategy towards Iran.

Iran offers formation of joint venture with Oman

TEHRAN, Sep. 30 (MNA) – Head of Iran's Chamber of Commerce, Industries, Mines and Agriculture has announced the proposal for formation of Iran-Oman joint venture companies.

There are No Legal Barrier for US Investment in Iran: VP

TEHRAN (Tasnim) – An Iranian vice-president said on Wednesday that there is no legal restriction for foreign investments in Iran by countries Tehran recognizes, including the United States.

Investors tread carefully on ending of Iran sanctions

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Going Global

Going Global is the top UK national exhibition for businesses that are looking to expand internationally, export products or set up overseas operations.

Oil Terminal

It is the leading industry event attracting 350+ delegates annually from more than 25 countries (Russia, CIS, Europe, America and Asia).

"Iran will be the biggest country to enter the (global) financial system since the break-up of the Soviet Unio

Banner Icon INVESTMENT Iranian and European business leaders gathered in Geneva Thursday to explore the massive opportunities expected to open up when years of biting sanctions against Tehran end, although experts warned huge challenges remained.

Iran rushes to meet terms of nuclear deal to lift sanctions

President Hassan Rouhani keen to end sanctions, as European firms pursue lucrative contracts such as huge railway and airport expansion projects

Iran's Next Challenge: Courting Oil Investors

Iran is preparing to formally open up its economy to Western investment, a prospect that has drawn the attention of the world's biggest oil companies. But Tehran may have more difficulty reviving its oil and natural gas sector than it hopes. On Sept.

Iran Prepares For First International Marketing Conference

Over 500 marketers from Iran and the region are expected to attend Iran's first international marketing conference in November at the Shahid Beshehti University Hall in Tehran.

Doing Business in Iran, Opportunities and Challenges 2

Dr Siamak Goudarzi, CEO of Open Iran Group, one of Iran’s most professional international business consultancy firms, and Anita Papp, the firm`s International Development Manager write about the industry’s journey

Doing Business in Iran, Opportunities and Challenges 1

Dr Siamak Goudarzi, CEO of Open Iran Group, one of Iran’s most professional international business consultancy firms, and Anita Papp, the firm`s International Development Manager write about the industry’s journey and about how Open Iran Group shaped

Iranian, European firms hobnob with eye on post-sanction bliss

Geneva (AFP) - Iranian and European business leaders gathered in Geneva Thursday to explore the massive opportunities expected to open up when years of biting sanctions against Tehran end, although experts warned huge challenges remained.

Novo Nordisk to build €70m plant in Iran

Novo Nordisk is to become the first western pharmaceuticals company to build a manufacturing plant in Iran, in a sign of confidence in the country’s economy after its nuclear deal with the US and other world powers.

World’s biggest insulin maker invests in Iran

Denmark’s Novo Nordisk is investing 70 million euros in Iran for the production of a new generation of insulin drugs, officials from the two countries say.

Invest in Iran: SteelMin to producers

Iran has sought investments of nearly `50,000 crore in infra, including ports, railways, highways.

UK trade delegation to visit Iran in October.

Iran says a major British trade delegation will arrive in Tehran on October 2nd to look for avenues to expand economic relations between the two countries.

The first Microsoft Store in Iran has reportedly opened in Tehran

Microsoft has launched a new retail store in Iran. It may be the first U.S. company to do so in the country since the recent nuclear agreement lifted trade sanctions in Iran.

Iran Seeks Foreign Investment to Boost Tourism Industry: Official

TEHRAN (Tasnim) – Iran has extensive plans to boost its tourism industry following the conclusion of nuclear talks with world powers, a vice president announced, voicing Tehran’s enthusiasm to attract foreign investment in the lucrative market.

Volatility in the O&G market

Malaysia’s O&G industry had once experienced the positive impact of stable global oil prices as throughout 2013 and the first part of 2014, the local bourse (Bursa Malaysia) saw a rapid rise in the listing of O&G companies while O&G projects both dom

In a Mideast upset by cheap oil, more crude may enter market

DUBAI, United Arab Emirates (AP) — Across a Mideast fueled by oil production, low global prices have some countries running on empty and scrambling to cover shortfalls, even as more regional crude is on tap to enter the market.

Foreign investment to help Iran’s return to oil market

TEHRAN, Sep. 19 (MNA) – Underlining the vitality of foreign investment, an official described three possible scenarios for Iran to return to the oil market during the post-sanction era.

Iran urges Koreans to invest in oil plans

A senior Iranian official on Tuesday welcomed South Korean investment in his country, stressing that there is a huge potential for South Korean companies to benefit by investing in Iran’s energy sector projects.

100 Czech firms eager to invest in Iran

TEHRAN, Sep. 15 (MNA) – Deputy CEO of Czech Republic I.B.C. has said that 100 Czech firms are interested in making investments in Iran.

Iran Could Become Major Supplier of Natural Gas to EU

By GABRIELE STEINHAUSER and LAURENCE NORMAN BRUSSELS—Iran could become a major supplier of natural gas to the European Union by the end of the next decade, according to new estimates from the bloc’s executive following the nuclear deal reached with

UAE banks to gain from open Iran

Longer-term business opportunities seen given Dubai's strength as a logistics hub.

What the Iran deal means for the U.S. economy and the world

Published: 08 September 2015 07:41 PM Dallas Morning News‎ With President Barack Obama securing enough Senate votes to support a historic accord, it looks like Iran is close to escaping most of the restrictions discouraging it from developing nuclea

Iran is a large and resource-rich economy: Philip Hammond ‘Iran has a proud history and culture, and a highly educated population’

Iran is a large, well-educated and resource-rich economy, with a young population eager for re-engagement with the world, British Foreign Secretary Philip Hammond said in an article published on the August 27.

Major port operator may invest in Iran’s Anzali

DP World, one of the biggest international port operators, is weighing investment in Iranian ports on the Caspian Sea and the country's south to tap their potentials for linking the Silk Road from China to Europe. Press TV

Shell eyes Iran, to pay debt when sanctions end TEHRAN | BY GUY FAULCONBRIDGE

Royal Dutch Shell (RDSa.L) will repay a $2 billion (1.3 billion pounds) debt to the National Iranian Oil Company (NIOC) when sanctions on Iran are lifted and will consider investing in the country's vast energy sector, Shell's boss for new business s

Swiss envoy: Invest in Iran, Middle East's 'pole of stability'

Swiss ambassador to Iran addresses business conference in Zurich, as Europeans race back to do business with Iran,

Picking winners in the race to Iran

The third-largest economy in the Middle East has a young, educated populace ready to spend. But U.S. businesses will face big ­hurdles in the country—if they can get there at all.

European companies beat US to Iran business after nuclear deal reached

US firms await outcome of Congress deliberations over Iran agreement, leaving them at the back of the queue for a market due to reopen after years of sanctions

Shell ‘will consider’ investing in Iran

Royal Dutch Shell will repay a $2bn (€1.7bn) debt to the National Iranian Oil Company when sanctions on Iran are lifted and will consider investing in the country’s vast energy sector, Shell’s boss for new business said.

Investment in Iran’s Petrochemical Sector Could Reap Large Returns for Nimble Investors Willing to Stomach Significant Risk, IHS Says

ran offers low-cost feedstocks and access to large domestic and major foreign markets, but needs infrastructure and technology investments to grow

Iran and Pakistan: Back to Business

In the wake of the nuclear deal, the two countries get ready to do business.

Australia Keen to Invest in Iran’s Mine Industry

August 18, 2015 - 13:29 TEHRAN (Tasnim) – Australia voiced its enthusiasm to resume and strengthen cooperation with Iran in its mine industry.

Europe, US may invest in Iran glass industry

German, Italian and US companies have indicated readiness to invest in Iran’s glass manufacturing industry, head of the Iranian Glass and Crystal Producers Association says.

Iran is a once in a lifetime opportunity for brave investors

Emerging market funds and international investors are gearing up to enter Iran once sanctions are pulled down writes Andrew Critchlow

Kish INVEX is being promoted by Middle East Association

Our event Kish INVEX is being promoted by many Chambers and Associations across Europe

The biggest myths about doing business with Iran

I've led three delegations of top international CEOs to Iran over the past three years. The first, in 2013, was during Ahmadinejad's presidency and later, in 2014 and 2015, under Rouhani.

Accor hotels enters Iran and starts its first hotel operation

Accor, Europe's largest hotel group by number of rooms, has started the operation of their first four-star Axis hotel in Tehran - Financial Times is reporting.

Foreign investors try to tap into Iran

LONDON/NEW YORK, July 20 (Reuters) - A few investors are racing to establish funds for Iran following last week's nuclear deal with world powers, and many others are tapping into multinationals already present in the $400 billion economy.

Iran offers India bigger role in strategic port; seeks investments worth $8 billion

NEW DELHI: Iranian President Hassan Rouhani has asked India to invest in infrastructure projects worth $8 billion, including an expanded role in developing a strategic port that will open up access to Central Asia, Iran's envoy to New Delhi said on F

Hedgies ready for business in Iran

Corporate America will lead the next round of deals with Iran

Iran: The oil and gas multibillion-dollar ‘candy store’

Lifting sanctions should open the way for major oil groups to return to the country, but negotiations will be tough

U.S. and International Businesses Eye an Iranian ‘Gold Mine’ After Nuclear Deal

Lifting sanctions could unfreeze $150 billion of Iranian money and open borders for business

Iran deal: Corporate winners from the nuclear agreement

Everett Rosenfeld | Marguerite Ward | Morgan Brennan Tuesday, 14 Jul 2015 | 1:42 PM ET

Iran may soon be open for business, but not to US firms

A landmark agreement on Iran's nuclear program this week could lift sanctions that have crippled the country's economy, opening a nation with a young and educated population, the world's fourth-largest proven oil reserves, and factories badly in need

Iran Is About to Open for Busines

The Iran nuclear agreement may unleash the country’s mercantile instincts, which are undimmed by the regime’s dark realities

Iran to open door to oil investment as companies eye return

Tekegraph, International oil companies are lining up to return to Iran as new contract terms take shapetE

Britain's Charlemagne plans Iran investment funds before sanctions lifted

(Reuters) - A British asset manager is teaming up with a Tehran-based firm to establish funds that will invest in the Iranian securities markets, in a sign that flows of foreign money into Iran may not wait for economic sanctions to be lifted.

Billions up for grabs if nuclear deal opens Iran economy

DUBAI (Reuters) - Iranian investment banker Ramin Rabii says he shouted in joy when he learned that Tehran and world powers had reached a deal which promises to lift economic sanctions on Iran. Then he called colleagues to discuss the business implic

Iranian finance, energy sectors could soar on deal

Outside of Iran, not all experts are as optimistic. "It's too soon for any major economic relief in Iran," said Alireza Nader, an expert on Iran's powerful Revolutionary Guard at the Rand Corporation think tank.

Tehran firm says to launch Iran's first index ETF

Jan 26 (Reuters) - Turquoise Partners, a Tehran-based investment firm, said it planned to launch Iran's first exchange-traded fund tracking a stock market index, ahead of the possible lifting of international sanctions on the country.

Iran Stock ETF Aims to Lure Foreigners Amid Nuclear Talks

Turquoise Partners Group secured regulatory approvals for the Turquoise TSE 30 Iran Index ETF, which will mirror the TSE 30 Index of the biggest stocks by market value on the Iranian bourse, the company said yesterday by e-mail. Fundraising will star

An ETF for folks who want to invest in...Iran

The investment firm Turquoise Partners is behind an exchange-traded fund that will mirror the TSE 30 index, which comprises the 30 largest publicly traded Iranian companies.

Western Companies Hope For a Bonanza in Iran

If you just looked at the numbers, the deal revealed last week by the aerospace and defense giant Boeing seemed insignificant: $120,000, for some data, aircraft manuals and navigation charts. But symbolically, the sale to Iran Air, revealed on Oct. 2

Awaiting the gold rush

THE currency traders plying the half-empty arrivals hall of Tehran’s international airport have a simple view of the nuclear talks that Iran’s government is conducting with assorted foreign powers. If a deal is made, one says, “the planes will come i

The Way Back to Iran

Tehran became Pirouz’s principal home. He set up an investment fund, Turquoise Partners (in time for a bull run on the Iranian stock market that lasted several years), and then devoted his energy to his pet project, the Iranian Business School (IBS),

Iran nuclear deal would open last big frontier stock market

(Reuters) - Years of economic sanctions and isolation have ravaged Iran's economy but created one of the last unexploited opportunities for international portfolio investors, who could start moving their money in this year if geopolitics permit. T

Iranian investment scene 'improving' as relations thaw

International investors looking to exploit opportunities in Iran have been meeting for the first time in concert since the country's 1979 revolution. Hundreds of people gathered at The 1st Europe-Iran Forum in London to hear from the likes of form

Iran's economy moving from bad to less bad

The CEO of Turquoise Partners, the largest investment company in Iran that's licensed to do business with foreign entities, said he sees the impact firsthand. "The growth is most definitely attracting renewed interest in foreign investment from Asia

Iran Lures Investors Seeing Nuclear Deal Ending Sanctions

Hotel with his Farsi translator, sipping coffee with potential Iranian partners while discussing the price of soy fiber. No sooner do they vacate their armchairs than another group of besuited businessmen takes their place, this time conversing in It

U.S. investors begin to imagine a return to Iran

“The current misperceptions and misunderstandings in America regarding Iran as a country, as a society and as a market could be the biggest obstacles” to attracting U.S. investments, said Ramin Rabii, managing director of Turquoise Partners, a Tehran

Iran Shares Rise a Third Day as Bourse Creates Stability Fund

The bourse should not create a fund to intervene in the market, according to Ramin Rabii, who helps manage $200 million at Turquoise Partners in Tehran.

In Rouhani’s Iran, hopes fade for revival of sanctions-neutered economy

"We are in a very difficult time, a stagflation situation, and it is hard to drive policy in this environment, since any measure to trigger growth will have inflationary consequences," Ramin Rabii, managing director of Turquoise Partners, which manag

Sanctions Eased, Iran Gets Feelers From Old Trading Partners

“Most companies want to scope out the landscape,” said Rouzbeh Pirouz, the chairman of a Tehran-based investment firm, Turquoise Partners. “But I don’t think many of them will actually sign contracts and start putting money into this place very quick

Economic advantages

• The 18h largest economy in the world by purchasing power parity (ppp)

Arvand Free Zone

The region, suggested to be considered as the Arvand free zone, consists of 3 zones in an area of 170 square kilometers, is located on the southwestern part of Khuzistan province along the border river, the Arvand River.

Anzali Free Zone

Anzali Free Trade-Industrial Zone is a wide area of Bandar Anazli about 3200 hectares and about 8 kilometers of sea border and up to 2 kilometers into the sea, which included industrial ,trade and commercial ,tourism and services sections. Anzali Fr

Aras Free Zone

Jolfa district is located in the north-west of Eastern-Azerbaijan province, between 45º and 17´ till 46º and 31´ in eastern longitude and between 38º and 39´ till 39º and 2´ in northern latitude. It shapes a narrow strip on the northern border of the

Chabahar Free Zone

City and Oman sea and 70th km of Pakistan border. Some part of its land area has been allocated for industrial activities while the rest part has been earmarked for trade, commercial services, residential, tourism and green area activities.

Qeshm Free Zone

The largest Island in the Persian Gulf, Qeshm is situated at the mouth of the strait of Hormoz, 22 kms from Bandar Abbas and 220 kms from the UAE. The total area of this Free Zones is 300 sq. kms.

Kish free zone

Kish Island has a surface area of 90 square kilometers, with an outer boundary of 40kms, and a nearly elliptical shape. It is located in the Persian Gulf 19kms from mainland Iran.

Registering Property

Below is a detailed summary of the steps, time and cost involved in registering property in Iran, Islamic Rep.

Getting Electricity

Below is a detailed summary of the procedures, time and cost required for a business to obtain an electricity connection for a newly constructed building in Iran, Islamic Rep

Kish INVEX 2015

With the support of the Iranian government, Open Iran group and BTK are organising Kish INVEX consisting of a combined event, which is the 7th International Summit and Exhibition for Presenting Iran's Investment Opportunities

Strengthening the management team – executive search

Strengthening the management team – executive search

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