open-iran
 
Iran-Ireland trade jumps in Q1

Trade volume between Iran and Ireland witnessed a sudden increase during the first three months of 2017, Iranian Ambassador to Ireland Javad Kachoueeian said in an interview with ILNA published on Friday.

Japan's Toyo Signs Agreement to Develop Iran's Salman Field

Petropars, a subsidiary of NIOC, will finance the feasibility studies (Phase 1) and Toyo will bankroll operational costs (Phase 2) of the Salman project

Iran, Italy pen €1.2b rail MOU

The Islamic Republic of Iran Railways, known also as RAI, and the Italian state-run railway company, Ferrovie dello Stato (FS), on Tuesday signed a memorandum of understanding worth €1.2 billion on construction of a high-speed railway between the Ir

Iran Explores Economic Ties With Belgium, Luxembourg

A 35-member delegation from Iran Chamber of Commerce, Industries, Mines, and Agriculture...

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.

European companies flocking into Tehran widen divide with Trump

Iran made progress this week in preserving its new-found place in the global economy.

Iran guaranteed $12b foreign investment in 2016

The head of Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) said in 2016 Iran issued banking guarantees for nearly $12 billion worth of foreign investment in the country.

Tax Exemption Key to FDI Absorption

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

Why Has Iran’s Investment Gold Rush Been Slow?

When Iran signed its landmark deal with world powers in 2015, curbing it's nuclear...

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 Mineral, Industrial, Petrochem Output Reviewed

A close study of latest data released by the Ministry of Industries, Mining, and Trade on...

FATF Extends Suspension of Iran Countermeasures - Update

The highly-consequential verdict of the Financial Action Task Force was issued in favor of...

Eni, NIOC to ink oil, gas MOUs

Representatives of the Italian oil major Eni will arrive in Tehran on Tuesday to ink two memorandums of understanding (MOUs) with the National Iranian Oil Company (NIOC).

Rail development on track despite inefficiencies

The development of railway sector is one of the macro policies of the Iranian government as it has been emphasized by the general policies of the Sixth Five-Year National Development Plan (2016-2021).

22 Iranian Banks Link Up With Oberbank

The central banks of Iran and Austria have closer relations while Iranian banks have established 22 correspondent relations only with Oberbank

Iran Denies Banking Troubles With Turkey

Governor of the Central Bank of Iran Valiollah Seif has denied reports about Iranians having any...

Austrian Bank Opens €1b Credit Line for Iran

Oberbank, one of Austria's biggest banks, has allocated a €1 billion line of credit to finance projects in Iran

5 Foreign Banks Licensed by Iran

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

Import of containerized goods to Iranian ports up 40% in 2 months

Imports of containerized goods to Iranian ports increased by 40 percent in the first two months of the current Iranian calendar year (March 21- May 21, 2017) compared to the same period last year, IRNA quoted an official as saying.

Iran Set to Connect With Top Malaysian Banks

After the lifting of some of Iran's sanctions following the nuclear accord, the country's banking...

High-cost Sardar-e Jangal could bring Iran high-tech

Caspian Sea, the world’s largest inland body of water, was mainly a center of fishing activities and also a marine transportation hub by the middle of the past century. But discovery of the first oil and gas reserves in the world’s largest lake in th

Turkish Banking Team Plans Iran Visit to Resolve Halkbank Dispute

A delegation from the Central Bank of Turkey will soon meet their Iranian counterparts in...

Bank Mellat Launches Anti-Fraud Software

Bank Mellat–a lender with extensive experience in designing and implementing banking...

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...

Iran’s Long Economic Journey

The landslide reelection of Iran’s president, Hassan Rouhani, reflects the by

Bank Sepah to Guarantee Foreign Investors

Bank Sepah is ready to review foreign investment projects in Iran and guarantee them...

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.

Rouhani secures second term with landslide victory

Hassan Rouhani reelected president in the Friday election, after a month of heated competition with conservative rivals.

4 ATR airplanes to arrive in Tehran tomorrow

The first four of the passenger jets, 72-600 turboprop aircraft, purchased from the European plane maker ATR, will land in Tehran’s Mehrabad International Airport on Wednesday, Iranian Deputy Transport Minister Asghar Fakhrieh Kashan told IRNA on Tue

Iran-S. Africa trade planned to hit $2b by 2021

Iran and South Africa have planned to boost the volume of their bilateral trade up to $2 billion by 2021, an official in Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Shahram Khasipoor announced on Sunday, IRNA reported.

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.

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.

Post-JCPOA trade with EU up 79%

European Climate Action and Energy Commissioner Miguel Arias Canete has said trade between Iran and the European Union has increased by 79 percent since the implementation of the nuclear deal, known as JCPOA, in January 2016.

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

Industry sector attracts $5.6b in foreign investment post-sanctions

Iran could manage to attract $5.6 billion of foreign investments in various domestic industrial projects as of the removal of international sanctions in January 2016, Iranian Industry Minister Mohammadreza Nematzadeh announced in a press conference

Deal with Total probably finalized within a month: official

Iranian Deputy Oil Minister in International Affairs and Trading Amir Hossein Zamaninia said the deal with Total based on the new oil contracts (known as IPC) will be probably finalized at most within a month, ISNA reported on Sunday.

Iran-EU trade up 171% in Jan.

The European Union’s trade with Iran amounted to €1.55 billion in January 2017, a 171 percent rise compared to the first month of 2016, based on the latest figures released by the European Union’s statistics agency Eurostat.

S.Korea's March crude imports from Iran hit record high

South Korea's intake of Iranian crude oil soared to a record high in March and its first-quarter crude imports from Iran nearly doubled on year, reflecting Tehran's efforts to raise output after the lifting of sanctions early last yea

Foreign investment in Iran hits $12b annually: fin. min.

Iran attracted $12 billion in foreign investment during the past Iranian calendar year (ended on March 20), ISNA quoted Finance and Economic Affairs Minister Ali Tayyebnia as saying.

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.

Talks with Mitsubishi ongoing despite Boeing deal, Iran says

Iran's Aseman Airlines said negotiations with Japan's Mitsubishi Aircraft Corp. on the purchase of passenger jets are still ongoing despite its having signed a new agreement with Boeing Co. on the purchase of 30 planes

Iran not concerned by Indian threat to cut oil imports: Zanganeh

Iran does not consider India's decision to cut oil imports from Tehran in 2017/18 by a fifth as a threat, ISNA quoted Oil Minister Bijan Namdar Zanganeh as saying on Wednesday.

IRISL signs co-op MOU with Kamigumi, SUZUE

The Islamic Republic of Iran Shipping Lines (IRISL) signed a memorandum of understanding (MOU) with Japan’s SUZUE Corporation and Kamigumi Company in Singapore, IRIB new reported on Tuesday.

Iran, Germany ink MOU on water research, training projects

Tehran and Berlin signed a memorandum of understanding (MOU) on carrying out joint water training and research projects, Mehr news agency reported on Tuesday.

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

New Swedish firm offers Iranian stock investment for bitcoin

Brave New World Investments AB, a new firm registered in Sweden, is now accepting deposits in bitcoin which it converts to Iranian Rial and invests in equities on the Tehran Stock Exchange. It does this on behalf of its European shareholders while al

Iran ready to sell oil to South Africa, buy refinery shares

Iran is ready to sell South Africa 100,000 barrels per day (bpd) of oil and also to buy shares in the African country’s oil refineries, Oil Minister Bijan Namdar Zanganeh said on Saturday.

Banque de France to finance Iran-France projects: French fin. min.

The central Bank of France, Banque de France, is working on plans to issue direct loans for companies that want to invest in Iran, French Finance Minister Michel Sapin told reporters at Iran’s Ministry of Finance and Economic Affairs in a joint pres

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.

Iran eyes purchase of 12 Sukhoi Superjet 100

Iran confirmed its intention to buy 12 Russian-made Sukhoi Superjet 100 in the near future, announced Russian Energy Minister Alexander Novak.

Laying of Iran-Oman-India pipeline imminent: SAGE

An official with New Delhi-based South Asia Gas Enterprise Pvt. Ltd. (SAGE) said that the implementation of the project to lay an undersea gas pipeline for exporting Iran's gas via Oman Sea and Indian Ocean to India is imminent.

Total still determined to contribute to Iran’s SP project: NIOC head

The managing director of National Iranian Oil Company (NIOC) has said that French oil company Total is determined for contribution to the development project of phase 11 of Iran’s South Pars gas field, Shana reported.

Indonesia, Iran pledge to improve cooperation

Iran celebrated its 38th anniversary of the victory of the Islamic Revolution of 1979 by rejoicing in what it called a new era of Iranian development, following the lifting of unilateral sanctions against the Persian Gulf power.

Malaysian trade delegation to arrive in Iran tomorrow

Leading a 25-member trade delegation, Malaysia’s Minister of Plantation Industries and Commodities Mah Siew Keong will arrive in Tehran on Sunday to confer on developing bilateral ties, IRNA reported on Friday.

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.

ATR says aircraft 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.

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.

Global ship insurers to resume near full coverage for Iran oil: officials

Global shipping insurers have devised a way to ensure nearly full coverage for Iranian oil exports from next month after striking a deal to provide cover without involving U.S.-domiciled reinsurers, officials in Tokyo and London said.

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 nati

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

Airport, air navigation projects worth $20b to come on stream

Airport and air navigation projects valued at 700-800 trillion rials (about $17.771 billion-$20.309 billion) are planned to be put into operation in Iran by the end of current Iranian calendar year (March 20, 2017), IRNA quoted Iran Airports and Air

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.

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.

Iran to finalize Airbus deal by Friday: minister

Iran is to finalize aircraft purchase deal with the European plane maker Airbus by Friday, Transport Minister Abbas Akhoundi told Tasnim news agency on Sunday.

Iran Air, Boeing sign $16.6b deal

The Airline of the Islamic Republic of Iran (Iran Air) signed a $16.6 billion deal to buy 80 passenger planes from U.S. aircraft maker Boeing, IRNA quoted Farhad Parvaresh, the managing director of the Iranian flag carrier as saying on Sunday.

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.

Ukraine to restore financial transactions with Iran

Ukraine is preparing to restore the financial transactions with Iran after lifting of sanctions for their conduct.

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 most vibrant economy in MENA during 2017-21: EIU

TEHRAN- In its recent global forecast the Economist Intelligence Unit (EIU) said Iran will be the most vibrant economy in the Middle East and North Africa (MENA) during 2017-2021.

BP creates executive committee to develop business in Iran

BP has created a new executive committee to explore business in Iran which will exclude its American chief executive Bob Dudley in a bid to avoid potential violations of U.S. sanctions still in place.

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.

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.

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

FBCCI wants gov't to facilitate banking transactions with Iran

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought cooperation from the government to facilitate banking transactions between Bangladesh and Iran, officials said.

Denmark's Maersk to resume Iran operations

Danish international marine transportation company Maersk will resume transportation of goods to Iran.

Siemens to seal major rail deal with Iran

German engineering giant Siemens said it is preparing to sign a major deal with Iran to develop the country's railway system.

Japan firms eye resuming Iran oil imports

Japanese traders including Marubeni Corp. and Sumitomo Corp. that stopped buying Iranian oil during Western sanctions are looking to resume imports, potentially by year-end, industry sources said.

Japan firms eye resuming Iran oil imports

Japanese traders including Marubeni Corp. and Sumitomo Corp. that stopped buying Iranian oil during Western sanctions are looking to resume imports, potentially by year-end, industry sources said.

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.

Showa Shell buys 55% of Japan's Iran crude imports in H1

Oil refiner Showa Shell Sekiyu bought 55 percent of Japan's crude imports from Iran in January-June, said Chief Executive Officer Tsuyoshi Kameoka.

Tayyebnia confers with counterparts on banking ties

Iran's Economy Minister Tayyebnia met counterparts from Turkey, Italy and India on the sidelines of World Bank-IMF Annual Meetings 2016 in Washington DC.

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.

Turkish bank aims to seal Iran deal soon

Turkish investment bank Unlu & Co. aims to complete the acquisition of an Iranian brokerage in the next six months and become the first Turkish financial services firm to operate in Iran since the easing of sanctions, its chairman said.

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

Italy for broadening of economic ties with Iran

Italy has voiced willingness to expand economic and industrial relations with Tehran.

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.

Austria's OMV takes in 1 mbd Iran crude in spot delivery

Austria's OMV said on Friday it received one million barrels of crude oil from Iran in a spot delivery at the Italian port of Trieste which the energy group will send to its two refineries in Austria and Romania.

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.

Poland's LOTOS, Iran may ink long-term supply contract

After receiving two million barrels of Iranian oil last month, Poland's integrated oil company, Grupa LOTOS, may now sign a long-term oil supply contract with Iran, the refiner's deputy head said Thursday.

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.

Seoul to open euro-based payment system for Iran trade

South Korea will start a euro-based settlement system for trade with Iran next week, one of the biggest financial barriers for trade with Iran, following the lifting of international sanctions, the South Korean financial minister said.

Foreign firms signed investment contracts worth $70b with Iran

Foreign companies have signed joint venture investment deals worth about $70 billion with Iran, said Minister of Economic Affairs and Finance Ali Tayyebnia on Friday.

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.

RENPOWER IRAN 2016 6th and 7th November, 2016 at Iran's Ministry Of Energy Conference Hall

Iran Infrastructure, Power & Renewable Energy Investment Conference 6th and 7th November, 2016 at Iran's Ministry Of Energy Conference Hall,Tehran,Ministry of Energy (in the main Conference Hall).:

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

Vaezi: Rise in foreign investment indicates economic growth

Iran's Minister of Communications and Information Technology Mahmoud Vaezi said on Monday that rise of foreign investment indicated the eye-catching trend of Iran's economic growth in 2016.

German exports to Iran soar after removal of sanctions

German exports to Iran, mostly machines and equipment, jumped in the first half of the year following the removal of international sanctions against the Islamic Republic, official trade data showed on Monday.

French National Assembly president to visit Iran next month

President of French National Assembly Claude Bartolone will pay an official visit to Tehran to hold talks with senior Iranian officials.

Iran to implement projects worth $645m to boost oil recovery rate

National Iranian South Oil Company (NISOC) is planning to implement projects worth $645 million to raise oil recovery rate from oilfields.

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.

Zamani-Nia: Mega projects to be signed with foreign companies

Negotiations have been held with foreign companies to undertake mega oil and gas projects in the year to March 20, 2017, said deputy oil minister for trade and international affairs.

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 plans $185b investments in energy sector

Iran is planning to attract some $185 billion to the oil and gas sector through a new model of oil contracts, Trend quoted Iran's deputy oil minister for international affairs as saying.

Indonesia weighs Iran's proposal on $8.4b oil refinery

Indonesia will study a proposal from Iran to build an oil refinery, along with bids from other countries, as it seeks to boost refining capacity to catch up with rising consumption.

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

US-made aircraft allowed to fly to Iran

The United States said it would allow foreign airlines to fly US-made aircraft to Iran, providing greater assurance to aviation companies as Iran tries to reestablish trade and business links following the lifting of sanctions.

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 eyes investing $12b in water projects

Iran plans to invest at least $12 billion in its sewage and water systems, announced Iran's energy minister in London.

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.

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.

Rouhani unveils financial package for economic prosperity

President Hassan Rouhani announced the implementation of a banking development plan as the most important financial package for the country’s economic boom in the current Iranian year (started March 20).

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.

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, Italy Sign Up Giant Oil, Gas Agreement, 13 MoUs

TEHRAN, Jan. 26 (Shana) – Iran’s Ministry of Petroleum has signed a major agreement with Italy’s Saipem to cooperate in a multi-billion euro project, reports from Rome said.

Major companies expanding presence in Iran’s oil sector

TEHRAN- Renowned international companies from 38 countries across the globe are participating in the 21st International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2016), which is being held at Tehran Permanent Internationa

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

Asia’s Iran oil, gas imports up; petchems shipped to UK

Parsian Gas Refinery processed 1.8 million barrels of natural-gas condensate in the two months to May 20, said the refinery's managing director.

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.

Fitch visits Iran as foreign banks signal interest

Ratings agency Fitch visited Iran as more foreign banks signal an interest in working in the country six months after sanctions were lifted, according to a top Central Bank of Iran official.

Essar Oil pays $500m to Iran via new channel

India's Essar Oil has paid $500 million to Iran via a new payment channel opened recently to clear one-fifth of its outstanding debts.

UK could drop Iran sanctions after Brexit

Indications are growing that London could soon decide to drop sanctions to expand its trade with Iran in the wake of the recent vote by the British to quit the European Union.

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.

Iran to invest in energy, pharmaceutical, other sectors in Nigeria

Morteza Rahimi, Iranian Ambassador to Nigeria yesterday said that his country was planning to invest in key areas of construction, Pharmaceuticals, power, oil and gas and agriculture sectors in Nigeria.

‘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.

Iran's new oil investment contract to be ready this summer: Zanganeh

DUBAI (Reuters) - The first of Iran's new oil and gas investment contracts for international companies will be launched this summer and will invite bids to develop 10-15 fields, Oil Minister Bijan Namdar Zanganeh was quoted by the Shana news agency a

Single-digit inflation rate achieved in Iran: CBI

TEHRAN- The Central Bank of Iran (CBI) has announced that the inflation rate for the 12-month period ended in the last day of the third Iranian calendar month of Khordad (June 20) compared to the same period in the previous year hit 9.7 percent, the

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.

Iran, Boeing deal on sales of 100 airliners

Iran’s aviation authority has announced the conclusion of an agreement with the US aerospace giant, Boeing, for the purchase of 100 passenger planes to renew the country’s ageing fleet.

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.

Russia supports Iran’s SCO membership

Russian officials have reiterated support for Iran’s membership in the Shanghai Cooperation Organization (SCO) and have emphasized that the process for Iran’s membership in the Organization need to be expedited

Iranian firm building first catamaran passenger ship

An Iranian company has begun to manufacture the country’s first catamaran passenger ferry with a capacity to carry scores of people

Buyers eyeing Iran’s Esfahan Steel Company

Esfahan Steel Company, Iran’s third-largest maker of the metal, is reportedly seeking buyers amid plans to boost production. Bloomberg says in a report that companies from South Korea and Luxembourg are interested in taking a stake in the company

‘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

Iranian firm building first catamaran passenger ship

An Iranian company has begun to manufacture the country’s first catamaran passenger ferry with a capacity to carry scores of people.

Iran, Boeing deal on sales of 100 airliners

Iran’s aviation authority has announced the conclusion of an agreement with the US aerospace giant, Boeing, for the purchase of 100 passenger planes to renew the country’s ageing fleet.

Lukoil ready to invest in Iran

Lukoil is ready to reenter Iran and is hopeful that the necessary laws will be in place soon, with the terms of the International Petroleum Contracts (IPCs), likely to be unveiled by October, its Chief Executive Vagit Alekperov said Thursday.

Turkey to triple trade with Iran to $30bn

Turkish Customs and Trade Minister Bulent Tufenkci says the country has serious plans to triple trade with Iran to $30 billion “as soon as possible”

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 deal allows for sales of passenger planes: Kirby

The spokesman of the US State Department says Iran’s historic nuclear agreement with the permanent UN Security Council members plus Germany (P5+1) allows Western jet manufacturers to trade with Tehran

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.

Shell starts to buy Iran’s oil

Traders say Royal Dutch Shell has resumed purchases of Iranian crude. The company has now become the second major oil firm after Total to restart trade with Tehran after the lifting of sanctions against the country in January

Seoul to up Iran condensate imports

Traders say they expect South Korea to step up purchases of the ultra light oil from Iran by more than 50 percent in June

Iran bank joins euro payment system

Iran says one of its London-based banks has joined the euro payment system, in what could be another breakthrough for the country to remove technical hurdles created as a result of multiple years of sanctions

Iran firms set for $2.4bn ship deals

Iran has placed orders worth around $2.4 billion with South Korean shipyards for the construction of ships to carry Iran’s oil and petrochemical products, The Wall Street Journal says

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

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

Iran to award power plant deal to Turkey

Turkey’s media reported on Tuesday that Iran is preparing to award a major deal to Turkish private companies for building a power plant in the Islamic Republic

Iran to amend its new oil deals

Only months after Iran announced a new format of oil sector contracts, indications are appearing that the country may make some key changes in them

‘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

Turkish firm to build several natural gas power plants in Iran

Turkey’s Unit International has sealed a multi-billion dollar deal with Iran for the construction of several natural gas power plants in the country

Rosatom eyeing Iran heavy water deal

Russia announced on Monday that the country’s nuclear agency Rosatom is considering the possibility of buying heavy water from Iran

Iran in talks with giants on mining plans

Iran said on Thursday that it is discussing with several global industrial giants over investments in the country’s key mining projects

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

"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

Austria’s Oberbank and Raiffeisen Bank connected to Iran market

A senior Iranian trade official says Austria’s Oberbank and Raiffeisen Bank International (RBI) are now connected to Iranian banks.

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.

EU firms barter auto parts in Iran petchem deals

Reports by Western media show that European energy firms are using barter schemes to dodge banking obstacles in their efforts to purchase petrochemical products from Iran.

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

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.

US finalizing deal to buy Iran heavy water

The US media have reported that the administration of President Barack Obama is moving to finalize a deal with Iran worth $8.6 million to buy heavy water from Iran

India to sign Iran port deal during Modi trip

India said on Friday that it will sign a contract with Iran to build and run a strategic port in the country’s southeast during the next visit to Tehran by Prime Minister Narendra Modi

Iran's three-month economic growth hits 2%

Iran's economic growth stood at two percent in the three month from December 22 to March 19 which corresponds to the last quarter of the previous Iranian year, said government spokesman Mohammad Baqer Nobakht at a press conference in Tehran.

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

India's Essar April oil imports from Iran jump 48%

India's Essar Oil, the top Indian buyer of Iranian crude, imported 47.7 percent more Iranian oil in April compared with a year ago, according to tanker arrival data obtained from trade sources and ship-tracking services on the Thomson Reuters termina

Croatian president to visit Iran next week for talks

Croatian President Kolinda Grabar-Kitarovic is scheduled to pay an official visit to Iran to hold talks with the country’s officials on a range of issues.

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.

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

Iran exports 2.1m barrels of oil per day

Deputy Minister of Petroleum Roknoddin Javadi announced that Iran's daily oil exports touched the figure of 2.1 million barrels during the current Iranian month of Ordibehesht (started April 20)

Korean pres., biggest trade team due in Iran

South Korea’s president heads to Iran on Sunday in a landmark visit targeting billions of dollars of economic and energy deals

British economic-cultural delegation due in Iran May 7 – OPEN IRAN NEWS

The Middle East Association is going to dispatch a large delegation to Iran with the hope to help British companies find new opportunities of cooperation in a variety of fields.

OPEN IRAN NEWS : Heavy transport firms in Iran seeking future business (EXCLUSIVE)

Some scores of heavy transportation companies are meeting in Iran to explore the country for business opportunities, seizing the removal of sanctions that is going to give the country an economic boom. Trend has conducted interviews with a number of

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.

Pour Seyed Aqaei: Tehran-Mashhad express train on track in four years

Following the removal of Western sanctions on Iran in January, Iranian infrastructure organizations devised plans to absorb foreign investments in projects using modern technologies. Given its strategic status, development of roads, marine and aviati

Zuma wants trade with Iran to rise to $8bn

South Africa’s President Jacob Zuma said in Tehran on Sunday that his country plans to increase the volume of trade with Iran to as high as $8 billion by 2020

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.

South Africa president due in Tehran tomorrow

The President of South Africa Jacob Zuma will lead a high-level delegation on a state visit to Iran on Sunday and Monday.

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

New German delegation due in Tehran

Germany announced on Thursday that a delegation from its northwestern state of Lower Saxony will arrive in Tehran on Friday to hold talks with Iran’s state officials on issues of mutual interest

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.

Iran, EU ready to promote bilateral cooperation

Iran and the European Union have underscored their determination to promote their bilateral relations in various areas, particularly economy, as well as cooperation on other issues of international importance.

Iran's exports to US increase by six times

Iran’s media reported on Thursday that the country’s exports to the United States increased six times over a period of 11 months starting March 2015

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

Iran ready to increase oil exports to India

Iran said on Saturday that it is ready to increase its oil exports to India from the current volume of 350,000 barrels per day (bpd) now that the sanctions that had previously hampered Iranian oil export plans have been lifted

Iran, India sign oil, energy agreement

Iran and India have signed an agreement to boost oil and energy cooperation

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, Iran move to expand energy ties

Indian Oil Minister Dharmendra Pradhan will visit Iran in the coming days for important talks, including on purchase of more oil, development of a giant gas field and investment in petrochemical projects

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

First Iran cargo ship docks at Hamburg

Iran this past week resumed trading with the West when a container ship belonging to one of its key shipping companies docked at Hamburg

‘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, Pakistan seek to increase trade volume to $5bn

Iran and Pakistan have agreed to adopt necessary strategies and make use of their capacities to increase the volume of bilateral trade to USD 5 billion

Iran’s trade balance turns positive over ‘lower’ imports

New data by the Islamic Republic of Iran Customs Administration (IRICA) shows ‘unprecedented’ surplus in the country’s foreign trade over the past Iranian calendar year (ended March 19)

Prince Charles wants to visit Iran: Paper

Britain’s Prince Charles plans to visit Iran for the first official royal trip in more than 40 years, The Sunday Times reports

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

Swiss MSC to expand services to Iran

Iran said on Sunday that the world’s second largest shipping company MSC from Switzerland will soon expand its services to the country’s ports

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

Bank Muscat plans to open branch in Tehran

Muscat: Bank Muscat, the Sultanate’s biggest financial institution, plans to open a branch in Tehran, said a senior official of Central Bank of Iran here on Wednesday

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

India approves US$150 million credit line for Iran's Chabahar port

NEW DELHI: India's cabinet on Wednesday approved a US$150 million (118 million pounds) credit line for the development of Iran's Chabahar port, the government said in a statement

Singapore business delegation heads to Iran

TODAY reports: Minister for Trade and Industry (Industry) Mr S Iswaran will accompany a 57-strong delegation to Tehran to explore new opportunities as the country reintegrates into the global economy

SBP Clears Financial Transactions With Iran

ISLAMABAD: The State Bank of Pakistan has cleared all commercial banks and financial institutions for business with Iran, paving the way for the two countries to resume regular business activity that was hampered by years of sanctions

US companies seek to enter Iran petrochemical sector

A deputy to the Iranian petroleum minister said American companies are in line to participate in Iran’s petrochemical industry.

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

Iran tourism industry attracting attentions

Attractions of Iran’s tourism industry are drawing a stronger attention now that the country has opened its doors in light of the removal of economic sanctions last month

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

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.

Airbus eyes long-term cooperation with Iran

Airbus Group CEO announced that his company seeks long-term collaboration with Iran aiming to play a role in boosting Iran-EU ties.

France’s Vinci eyes construction of bullet train stations in Iran

The Chief Executive Officer (CEO) of Vinci SA, a France-based company, said the group is in initial talks with Iran over construction of high-speed train stations in the Islamic Republic following the termination of anti-Tehran sanctions.

Japanese companies to get investment guarantees

TOKYO -- The Japanese and Iranian governments are planning an arrangement that would encourage Japanese companies to invest in Iran now that economic sanctions on the oil-producing country have been lifted

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

First Europe bank to open Iran office

Austria’s Raiffeisen Bank International (RBI) says it wants to open a branch in Tehran “as quickly as possible,” becoming the first foreign lender to set up shop in Iran after the lifting of sanctions.

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

Iran, France to sign 20 deals, including Airbus purchase, within hours

French oil major Total said it would sign a deal to buy crude oil from Iran, according to AFP

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

Global interaction conditions different from past - Rouhani

Iranian President Hassan Rouhani said that conditions for interaction with the world have changed drastically introducing tourism industry as a sector that generates employment, Irna reported

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

Germany, Japan to jointly finance Iran's petrochem projects

German Linde Group jointly with Japanese MITSUI & CO., LTD. will invest in various Iranian petrochemical projects, Marzieh Shahdaei, the director for projects at Iran’s National Petrochemical Company (NPC) said

Linde, Mitsui plan $4bn investment in Iran

Germany-based Linde, a leading industrial gases company, and Japan’s Mitsui Chemicals plan to invest $4 billion into petrochemical projects in Iran, said a senior official in a report

German Foreign Minister Steinmeier due in Tehran on Tuesday

German Foreign Minister Frank-Walter Steinmeier will pay an official two-day visit to Tehran to hold talks with senior Iranian officials.

Iranian President Hassan Rouhani in Paris to court investors

Iranian President Hassan Rouhani arrived in Paris on Wednesday on the second leg of a whirlwind tour promoting his country's opening to the world economy now that nuclear-related sanctions have been lifted

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

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 says SWIFT now open to 12 more banks

Iran has named 12 domestic banks that it says have now been reconnected to SWIFT, the global provider of secure financial messaging services, after the recent removal of economic sanctions against the country

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

Iran hopes for $50bn in investment as sanctions lifted

Iran’s president promised a flood of investment as Iranians celebrated the lifting of sanctions that have left the country outside the global economy for more than a decade

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

Iran sanctions end: Cheaper oil, more trade opportunities for India

The lifting of the sanctions on Iran will benefit India with lower oil prices and more opportunities for trade, according to experts. It should also bring the proposed India-Iran gas pipeline closer to reality

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.

Door now open to foreign investments in Iran: Rouhani

The door has now opened to foreign investments in Iran, including for U.S. firms, Iranian President Hassan Rouhani announced Sunday

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

Iran: All sanctions to be annulled today

Iran’s Foreign Minister Mohammad Javad Zarif says “all oppressive sanctions imposed against the Islamic Republic will be annulled today.”

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

German companies' multibillion bids to invest in Iran petchems

A senior Iranian official says German companies seek to invest billions of dollars in Iran’s petrochemical sector following the lifting of anti-Iran sanctions

Foreigners Keen to Invest in Iran’s Water, Power Industry: Official

TEHRAN (Tasnim) – An Iranian deputy energy minister said a host of foreign firms have shown enthusiasm for investment in Iran’s electricity and water industries, noting that regular meetings are underway to single out the most perfect from among them

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

Investment Opportunities of Hormozgan Province

Today, investment has emerged as a science in economic literature and has opened a new gateway toward the development in countries.

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.

Russian airliner to dominate Iranian skies

About 100 of Russia's newest airliners could be in service in Iran, according to Deputy Prime Minister Dmitry Rogozin. Moscow and Tehran are negotiating local production of the Sukhoi Superjet 100 (SSJ 100) airliner to replace Iran's ageing fleet on

19German Companies Offer to Invest in Iran’s Water Sector

TEHRAN (Tasnim) – The deputy head of Iran’s National Water and Wastewater Engineering Company said 19 German companies have announced their willingness to invest in the Islamic Republic’s water Industry.

Iran, Russia preparing to trade in own currencies

Iran said on Thursday that the process to switch to national currencies in transactions between Moscow and Tehran may be completed very quickly.

Greek FM due in Iran for business talks

Greek Foreign Minister Nikos Kotzias is scheduled to pay an official visit to Tehran later this month to discuss expansion of trade ties.

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

Moscow plans to fund major Iran projects

Russian Finance Minister Anton Siluanov said Moscow plans to fund two major projects worth $2 billion in Iran in the wake of the recent nuclear deal between Tehran and six world powers.

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.

CI forecasts Iran's growth will reach 4% in 2016

In its latest report, Capital Intelligence forecast that Iran's economic growth and inflation will reach 4 percent and 11.5 percent, respectively in 2016.

Frankfurt hosting Iran-Europe Trade Meeting

A two-day conference on investment in Iran titled 'Iran-Europe Trade Meeting' started in Frankfurt, Germany to investigate investment prospects in Iran in the post-sanctions era.

Foreign helicopter manufacturers keen on cooperation

Following the removal of Western sanctions, leading international manufacturers of civilian helicopters and spare parts have announced willingness to resume cooperation with Iran and invest in Iranian projects.

‘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 lines up $25 billion energy investment

Iran has put together a package for $25 billion of investment in its booming power industry which is key to the country’s economic recovery, head of Iran Power Transmission, Generation and Distribution Company (Tavanir) 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

Germany to support investing in Iran

Foreign companies have lined up to take advantage of cooperation with Iran after the removal of international sanctions imposed on the country over its nuclear energy program.

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.

19 German Companies Offer to Invest in Iran’s Water Sector

TEHRAN (Tasnim) – The deputy head of Iran’s National Water and Wastewater Engineering Company said 19 German companies have announced their willingness to invest in the Islamic Republic’s water Industry. Speaking in the Iran-Germany First Joint Co

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.

The Entrepreneur Behind Iran’s Billion-Dollar Super Mall

On the outskirts of Iran’s historic city of Isfahan, one of the largest shopping malls in the Middle East has taken shape.

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.

German government backs investment in Iran: Steinmeier

TEHRAN – The ground is ready for Iran and Germany to boost economic cooperation, German Foreign Minister Frank-Walter Steinmeier says, adding that to this end the German government will support any kind of investment in Iran.

Iran to Pay Oil Companies Larger Fees in 20-Year Contracts

Iran will pay foreign oil companies larger fees than it did under previous buy-back contracts to attract $100 billion of investments needed to rebuild its energy industry.

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

U.S. Warns Against Rush To Invest In Iran Before Sanctions Lifted

Reuters is reporting that the Obama administration has privately reminded foreign governments and U.S. bankers that sanctions against Iran remain in effect and they should not rush to invest in Iran.

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.

Kish Island to host Iran's 1st FinTech Conference

Tehran, Oct 5, IRNA – Digital Finance Institute will organize the 1st FinTech Conference in Iran’s Kish Island.

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 Solicits U.S. Firms to Enter Iranian’s Energy Market

BY: Adam Kredo Follow @Kredo0 October 2, 2015 12:31 pm Iranian oil officials are inviting U.S. companies to invest in Iran’s oil and energy sectors due to the removal of international sanctions under the recently inked nuclear accord, according

Iran invites all, including US-based companies, to make oil, gas investments: Minister

Iranian Industry, Trade and Mining Minister Mohammad Reza Ne’matzadeh has said all global companies, including U.S.–based ones, can make oil and gas exploration investments in Iran, which has already identified 300 investment projects that will be an

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.

Iran earns more from tax than oil for first time in almost 50 years

President Hassan Rouhani’s economic strategy of significantly reducing Tehran’s dependency on oil starts to bear fruit Iran’s president Hassan Rouhani. The country’s oil revenues were significantly reduced as a result of falling prices and the US/EU

Investors tread carefully on ending of Iran sanctions

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President Calls on Iranian Expats to Invest at Home in Post-Sanctions Era

TEHRAN (Tasnim) – Iranian President Hassan Rouhani invited the country’s nationals residing in other countries to seize the ample investment opportunities in their homeland following the termination of anti-Iran sanctions under a lasting nuclear deal

Oil Terminal

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

Poland to invest in Iranian pharmaceutical industries

TEHRAN, Sep. 27 (MNA) – Iran’s Health Minister announced that Poland will invest in Iranian industries of pharmaceutics and medical equipment.

"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.

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

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.

India ready to invest over $15 billion in Iran; seeks cheaper gas NEW DELHI | BY NIDHI VERMA AND SANJEEV MIGLANI

India is ready to invest more than $15.2 billion to build projects in Iran including taking up full-scale development of Chabahar Port if Tehran offers better terms including cheaper gas, Shipping Minister Nitin Gadkari said on Wednesday.

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.

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.

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.

Spanish firms ready to invest in Iran’s petchem sector Tehran Times Economic Desk

TEHRAN- Juan Ramon Duran, the general manager of Spain’s Sercobe Association, announced Spanish companies’ preparedness to invest in Iran’s petrochemical sector.

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.

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.

European bank to invest in €90m Iranian petchem project

TEHRAN - A European bank will invest in building a gas-to-propylene (GTP) plant in Iran, which is estimated to cost €90 million, Iranian Deputy Oil Minister in Petrochemicals Abbas She’ri Moqaddam said.

JAPAN MIMICS EUROPEAN RUSH TO INVEST IN IRAN

By INU staff INU - In recent weeks, much emphasis has been given to the fact that European governments and businesses, including close trading partners with the US, have been pushing for early investment in the Islamic Republic of Iran now that it

Austrian firms sign partnership deals in Iran during state visit

Austrian companies signed a series of deals with Iranian partners on Tuesday, becoming the first Western firms to put down concrete stakes in the Islamic Republic since it reached a landmark nuclear deal with big powers in July. Austrian businesses i

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

Obama musters more Senate votes for Iran nuclear deal

U.S. Senate Majority Leader Mitch McConnell (R-KY) (2nd R) returns to his office after delivering remarks on the Senate floor at the U.S. Capitol in Washington September 8, 2015. REUTERS/JONATHAN ERNST

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.

DUBAI (Reuters) – Iran will offer three gas fields to foreign investors at a conference in London later this year, an Iranian official said on Wednesd

Development of North Pars, Golshan and Ferdowsi gas fields will be offered to investors at the upcoming London conference where Iran is due to unveil its new contract model, managing director of Pars Oil and Gas Company (POGC) said, according to Shan

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

Brits Eye Investment Opportunities at Iran Embassy Reopening

The improving relations between the West and Iran reached another milestone over the weekend with the UK re-opening its embassy in Tehran. However it appears Foreign Minister Philip Hammond’s diplomatic trip also doubled up as a pitch for British bus

Iran and Pakistan: Back to Business

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

Minister: India Keen to Invest in Iran’s Transportation, Petrochemical Projects

August 15, 2015 - 00:11 TEHRAN (Tasnim) – India’s Minister of Road Transport, Highways and Shipping Nitin Gadkari voiced New Delhi’s willingness to participate in Iran’s transportation and petrochemical projects.

France's ADPI to invest in Iran airport projects

Iran says a leading French company specializing in airport architecture and engineering has voiced interest in the development of three key airport projects in the country.

Japanese companies may be next to invest in Iran’s rich mineral reserves

Japan’s leading steelmakers have announced interest in Iran’s mining projects, including production of precious metals such as titanium.

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.

Iran expects petrochemical exports surge after sanctions lifted – IRNA

DUBAI (Reuters) – Iran expects to increase petrochemical exports by up to a quarter by the end of 2016 after sanctions are lifted, a senior official was quoted as saying on Saturday.

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.

Italy to invest $2bn in Iran projects as Tehran gets back to business

Italy and Iran have signed a deal which could see investment in Iranian projects worth $2 billion. The agreement aims at reviving trade and economic ties between the countries after Western sanctions against Tehran are removed.

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.

Investing in Iran after the lifting of sanctions

Just a few days after hosting a historic deal between Iran and the world powers on Tehran's nuclear programme and lifting international sanctions, Vienna has been the venue for deals of a different kind.

Iran emergence one of the most exciting things happening in the world

Richard Branson, founder of Virgin Group, has been an optimist about the talks leading to an Iran deal - and he proved to be right.

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

High-Ranking German Delegation in Iran for Talks

TEHRAN (Tasnim) – As the first foreign delegation visiting Tehran after the nuclear conclusion, a high-ranking German economic-political delegation headed by German Vice-Chancellor Sigmar Gabriel is in Iran to hold talks with Iranian officials.

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

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