open-iran
 
Sina Bank Links Up With 2 European Peers

Iranian private bank Sina has opened accounts in the Spanish Ares Bank and Italian Banca...

Iran's Tejarat Bank Opening Branch in Norway

Tejarat Bank is to open a branch in Norway as Iran's banking ties with Norway gathers pace

Splitting of ministries; another trial and error?

With President Hassan Rouhani’s first tenure coming to an end, the administration has taken a decision for splitting three ministries in a bid to make them smaller and swifter.

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).

28 semi-governmental companies to be privatized

The Ministry of Finance and Economic Affairs has listed 28 semi-governmental companies that will be privatized by the current Iranian yearend (March 20, 2018).

Tehran seeks better banking ties with Seoul, New Delhi

Iranian Finance Minister Ali Tayyebnia met his South Korean and Indian counterparts in Seoul on Friday, discussing ways to improve banking cooperation between Iran and the two trade partners.

INSO Throws Weight Behind Halal Tourism

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

Iran Eyes Visa Facilitation With East Asian Nations

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

Iran Says $13b Korean Finance On the Way

Iranian Economy Minister confirmed reports of an imminent South Korean $13b credit line for Iranian projects

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).

Stock exchange deals value grow 141% in 5 years

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

$500m Tourist Resort Planned in Chabahar

A tourist resort in the port city of Chabahar, Sistan-Baluchestan Province, has been planned to...

Iran Denies Banking Troubles With Turkey

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

17 New Foreign Investors Trade Iranian Securities

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

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

Iran’s Aseman concludes purchase of 60 Boeing aircrafts

Iran’s Aseman Airlines sealed a deal in Tehran on Saturday with the American manufacturer Boeing on purchasing 60 aircrafts.

Tehran, Vienna seek deeper economic ties

Iranian Finance Minister Ali Tayyebnia and Industry Minister Mohammadreza Nematzadeh in separate meetings with Austria’s Federal Minister of Finance Hans Jörg Schelling on Saturday and Sunday sought avenues for increasing economic and banking ties b

Iran's car production up 9.8% in 2.5 months

Iranian carmakers manufactured 233,118 vehicles in the first 2.5 months of the current Iranian calendar year (March 21-June 5) with 9.8 percent rise compared to the same period of time in the previous year, according to Amir-Hossein Qanati, the spok

ICCIMA Delegation to Visit Croatia

At the helm of a commercial delegation, President of Iran Chamber of Commerce...

Billion-dollar Qatari food market on tap

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

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

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

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...

Boost in nominal petchem output capacity planned

The National Petrochemical Company (NPC) plans to increase its nominal production capacity by three percent to reach 86 percent by the end of the current Iranian calendar year (March 20, 2018).

Spanish Tourists to Iran Double

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

Ryanair Wants to Develop European Tourism

Ryanair has outlined a plan it believes could see European tourism grow by more

UN Experts to Assess Arasbaran, Fars Cities

UNESCO’s experts will travel to Iran in the summer to assess Arasbaran Forest and

Iranian Steelmakers Bolster Presence in Thailand Market

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

EDBI Ready to Support Petrochem Projects

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

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.

Asia’s biggest agro-food expo to kick off in Tehran today

The 24th International Exhibition of Food, Food Technology and Agriculture of Iran (Agrofood 2017) will kicks off today at the Tehran Permanent International Fairgrounds, IRIB news reported.

West Karoun oilfields, IP gas pipeline projects prioritized

Iran’s First Vice-President Es’haq Jahangiri has tasked the Oil Ministry with implementing 11 prioritized projects in the oil and gas sector by the end of the current Iranian calendar year (March 20, 2018).

First VP announces prioritized economic programs

Iran’s First Vice-President Es’haq Jahangiri has tasked the Ministry of Finance and Economic Affairs with implementing 14 prioritized programs by the end of the current Iranian calendar year (March 20, 2018).

Rouhani secures second term with landslide victory

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

Iran's 2-month electricity exports tripled

-Iran's exports of electricity to its neighboring countries tripled in the first two months of the current Iranian calendar year, which began on March 21, compared to the same period last year, Fars news agency reported on Friday quoting an energy of

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 welcomes China’s new Silk Road initiative

Iranian Minister of Finance and Economic Affairs Ali Tayyebnia has welcomed the idea of reviving the Silk Road proposed by China, underlining that the plan will fortify ties and solidarity among countries along the ancient road.

Iran-Austria business forum held in Tehran

Iran-Austria Business Forum was held in Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA) on Monday, IRIB news reported.

Annual exports of fisheries, fish products hit $900m

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

7 new petchem projects planned to come on stream by Mar. 2018

Seven new petrochemical projects are planned to be implemented in the country by the end of current Iranian calendar year (March 20, 2018), Shana quoted Ali-Mohammad Bosaqzadeh, the production control director of National Petrochemical Company (NPC),

37 countries to participate in Iran Oil Show 2017

The 22nd Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2017) will be hosting renowned companies from over 37 countries all over the globe from May 6 to 9 at Tehran Permanent International Fairgrounds.

Iran, Europe exploring further banking ties in Tehran forum

European bankers attending the fourth edition of Iran-Europe banking and business forum in Tehran’s IRIB International Conference Center are investigating avenues of expanding banking partnership with Iran, Tasnim news agency reported on Saturday.

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.

Tehran to host Iran-Europe banking forum in late-April

The fourth edition of Iran-Europe banking and business forum is due to be held at IRIB international conference center in Tehran on April 29 and 30, Mehr news agency reported.

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

Iran, EU to broaden agricultural cooperation

In their first joint meeting with officials of Iranian Agriculture Ministry in Tehran, the visiting members of the European Parliament's Committee on Agriculture and Rural Development (AGRI) voiced readiness for transferring new technologies and inn

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.

‘Iranian companies main contractors of new South Pars projects’

Domestic companies were the main contractors of the five newly inaugurated phases of the South Pars gas field (both in terms of investment and technology) and foreigners just supplied some equipment, Oil Minister Bijan Namdar Zanganeh told the Tehra

Monthly car output up 27% yr/yr

Iranian car makers manufactured 124,691 vehicles in the last month of the past Iranian calendar year, Esfand (February 20-March 20), with 27 percent growth from 98,167 cars manufactured in the same month in its preceding year, ISNA reported on Wedne

ATR voices readiness for supplying Iran’s ordered airplanes

ATR is proud of assisting Iran with revamping its air fleet via supplying its required airplanes, IRNA quoted Patrick de Castelbajac, the CEO of ATR, as saying on Wednesday.

Turkey’s imports from Iran doubled in 2 months

Exports of Iranian goods to Turkey doubled in January and February 2017 and reached $1.15 billion, Tasnim news agency reported.

Iran to certify more companies for IPC soon

A second list of international companies qualified to bid for Iran’s new model of oil and gas projects, known as Iran Petroleum Contract, is going to be released within the next few days.

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.

Investors from 37 countries active in Iran’s capital market

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

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.

Iran ratifies attraction of over $12b of foreign investments in post-sanction era

According to the latest report of Iranian Finance Ministry, the country approved attraction of $12.48 billion of foreign investments as of the implementation of its nuclear deal with the world powers in January 2016, Mehr news agency reported on Sat

Iran-China economic co-op seminar to be held next week

An Iran-China economic cooperation seminar is due to be held on April 5, IRNA cited Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA)'s public relations office.

New complexes to add 9.5mt to Iran's petchem output: Zanganeh

Iranian oil minister said on Saturday that new petrochemical complexes going online will add 9.5 million tons (mt) to the country's petrochemical output, IRNA reported.

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

All planned state-owned companies to be privatized in a year: fin. min.

The shares of all state-owned companies that had been previously planned to be privatized will be transferred to the private sector by the end of current Iranian calendar year (March 20, 2018), Iranian Finance Minister Ali Tayyebnia announced.

Iran to present new oil contracts to Russian companies

Iran will give presentation on its new oil contracts for Russian companies on Monday.

32 new passenger wagons to join Iranian network today

Some 32 new and renovated passenger wagons will join Iran’s railway network during an official ceremony today, Managing Director of RAJA Rail Transportation Company Mohammad Rajabi told Tasnim news agency.

Tehran, Kiev ink MOU to expand economic ties

Iran and Ukraine signed a memorandum of understanding at the end of the sixth Iran-Ukraine Joint Economic Committee meeting on Friday to give a boost to bilateral ties.

Iran, Slovakia join hands to boost economic ties

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

Iran 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

Iran eyeing newly industrialized country target

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

Russia says in talks over Iranian oil purchases

Russia has been in talks of buying oil from Iran, Energy Minister Alexander Novak said on Monday, confirming earlier reports.

By: Rebecca Meijlink* Iran means business

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

Pistachio exports to Europe up 5% in 2016: Eurostat

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

Iran’s installed renewable capacity exceeds 340MW

The managing director of Renewable Energy Organization of Iran (known as SUNA) announced that the country’s total installed capacity of renewable power plants has exceeded 340 megawatts (MW), ILNA reported.

Meeting of ECO senior officials kicks off on Sunday

Economic Cooperation Organization (ECO)’s senior officials’ meeting (SOM) with Pakistani Foreign Secretary Aizaz Ahmad Chaudhry in the chair, started operation in Islamabad on Sunday to discuss improvement of cooperation and trade linkage among the

Petchem exports from Iran hit $10b since last March

Iran has exported 19 million tons of petrochemical products worth $10 billion since the beginning of the current Iranian calendar year (March 20, 2016), National Petrochemical Company (NPC) Managing Director Marziyeh Shahdaie announced on Sunday.

New Zealand’s economic delegation due in Iran on Saturday

An economic delegation from New Zealand to be led by the country’s Minister for Primary Industries Hon Nathan Guy will arrive in Tehran on Saturday to discuss reinforcing ties with Iran in agricultural domains especially in dairy sector, Iran's Amba

WB: Policy uncertainty threatens trade growth

Political uncertainty is slowing trade growth, a World Bank (WB) report concluded, indicating that the rise of Donald Trump may already be casting a shadow over the global economy.

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.

First shale oil deposit found in Iran: official

The first shale oil reserve containing over 2 billion barrels of light crude has been discovered in Iran.

Belarus joins Iranian oil buyers’ club

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

Iranian airliner to buy Fokker engines from Rolls Royce

Iranian airliner Aseman has reached an agreement with British Rolls Royce for buying Fokker aircraft engines, Tasnim news agency reported on Friday.

Iran’s steel exports to Europe noticeably rise during 2013-16

Europe’s steel imports from Iran has increased by nearly eight times between 2013 and 2016, placing the country at the third spot next to China and India .

New platforms to start production in South Pars

Production will begin in six new platforms of Iran’s South Pars gas field (in the Persian Gulf) during the next Iranian calendar year (which begins on March 22, 2017), Shana quoted Mohammad Meshkinfam, the managing director of Pars Oil and Gas compa

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.

Iran may ink new contracts with foreign automakers soon

Some foreign automakers are holding talks with Iranian carmakers over making new cooperation contracts and new agreements are possible to be signed by the end of current Iranian calendar month (February 18), the secretary of 4th Iran Automotive Indu

Hungarian bank opens €85m credit line for Iran

The Hungarian Export-Import Bank (Exim Bank) has opened an 85-million-euro credit line to enhance bilateral trade with Iran, Tasnim news agency reported on Friday.

Iran to equip 4m hectares of land with modern irrigation

Some four million hectares of land will be equipped with modern irrigation systems in Iran within the next 10 years, Iranian deputy agriculture minister announced.

Iran’s Woodex 2017 to open today hosting 27 foreign companies

The 8th edition of Iran’s International Exhibition of Wood Industries Machineries and Related Equipments (Woodex 2017) will start working today in Tehran, IRIB news reported.

Measures being taken to receive ATR aircrafts

Necessary measures are being taken to receive some of the new aircrafts from Turboprop maker ATR in near future, Tasnim news agency reported on Friday, quoting CEO of Civil Aviation Organization of Iran (CAO) Ali Abedzadeh as saying.

China-Iran trade at $31.2b in 2016

Trade between Iran and China slipped down to $31.2 billion in 2016, Tasnim news agency reported on Saturday.

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

BAIEX 2017 to open in Tehran today

The eighth edition of International Bitumen, Asphalt, Insulation and Related Machinery Exhibition of Iran (BAIEX 2017) will open at the Tehran Permanent International Fairgrounds today.

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

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

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

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

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

Annual oil income projected to hit $41b: Zanganeh

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

Iran, Italy set up joint venture to grow agricultural products

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

Daewoo to establish joint shipbuilding company in Iran this month

Daewoo Shipbuilding and Marine Engineering Co., Ltd. (DSME) is to establish a shipbuilding company with three Iranian state-run companies by the end of January.

Iran-EU trade up 66% in 10 months: Eurostat

The European Union’s trade with Iran amounted to €10.3 billion in the first 10 months of 2016, a 66 percent rise year on year, based on the latest figures released by the European Union’s statistics agency Eurostat.

Crude steel output up 9 percent in Iran

ran produced 12.319 million tons of crude steel in the first eight months of the current Iranian calendar year (March 20-November 20), with 9 percent rise from 11.311 million tons in the same period last year, Shata news reported on Saturday.

Iran aiming for a renewable-supplied future

Supplying five percent of the country’s electricity need from renewable energies is a priority for Iran’s energy industry, IRNA quoted an energy official as saying on Monday.

Tehran, Astana agree on closer ties, ink five MOUs

Iran and Kazakhstan inked five agreements on cooperation in transportation, banking, tourism, employment and also livestock quarantine, president.ir reported on Thursday.

Iran, Malaysia hold business forum to raise investment

An Iran-Malaysia business forum was held on Monday aiming to explore expansion of economic ties and attracting foreign investment, IRIB news reported.

Italy’s imports from Iran up 35% in 9 months yr/yr

According to the latest figures released by the European Union's statistics agency Eurostat, registering a 35-percent hike, Iran’s exports to Italy in the first nine months of 2016 increased up to €477 million from its

Maersk may sign HOA with NIOC to develop South Pars oil layer

The Danish business conglomerate Maersk may sign a Heads of Agreement (HOA) with National Iranian Oil Company (NIOC) to develop oil layer of Iran’s South Pars oil and gas field in Persian Gulf, according to an Iranian oil official.

Iran gets seat in ICC’s WCF

he Islamic Republic of Iran’s representative has been elected as a member of the general council of World Chambers Federation (WCF) of the International Chamber of Commerce (ICC), IRIB news reported.

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.

German company to build €350m renewable energy park in Iran

German company EAB NEW ENERGY GMBH will invest €350 million in a renewable energy park in Iran’s Arvand free zone in the Southwestern city of Abadan, IRNA reported on Thursday.

Iran invites Japanese companies to invest in its mining, infrastructure projects

TEHRAN- “The Islamic Republic invites Japanese companies to invest in its mining and infrastructure projects including those to develop Iranian railway network and ports,” Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) G

SERVCORP

Since 1978 Servcorp has evolved from a small, Australian, family-run business to a respected and successful multi-national publicly-listed organization. Servcorp now boasts over 150 locations in 22 countries and the expansion of the Servcorp global n

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.

Iran to host 20th general meeting, conference of ACG

TEHRAN – To be hosted by Central Securities Depository of Iran (CSDI), the 20th general meeting and conference of Asia-Pacific Central Securities Depository Group (ACG) is due to be held on December 5-9 in Tehran, IRIB news reported on Saturday, quot

Tehran, Wellington may reach $1b trade turnover: New Zealander min.

The visiting New Zealand’s Trade Minister Todd McClay, during the Saturday meeting held to investigate Iran-New Zealand trade opportunities in Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), expressed hope that the two sides wi

India mulls $20 billion investment in Iran

India is inclined to invest up to $20 billion in Iran, Petroleum and Natural Gas Minister Dharmendra Pradhan has said.

Dispute Resolution

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

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

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

Iran’s TPO inks MOU with ITC

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

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.

Govt. to back investments in Iran: Slovenian president

TEHRAN- “Slovenian administration will encourage the country’s investors to expand their activities in Iran and will support their investments in the Islamic Republic,” the Slovenian President Borut Pahor announced during Iran-Slovenia Business Forum

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.

Q &A On Foreign Investment in the Islamic Republic of Iran

Ministry of Economic Affairs and Finance Organization for Investment, Economic and Technical Assistance of Iran. Foreign Investment in the Islamic Republic of Iran. Q&A

Investment Protection Measures in Iran

I.R. Iran’s Foreign Investment Manual

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.

Germany's Linde gets go ahead for major Iran LNG projects

German Linde Group has received the green light from Euler Hermes — a credit insurance company — to become the biggest contractor in Iran's LNG projects.

France, Italy aversion to fiscal austerity will keep dollar up

By Michael Ivanovitch On his swan song tour of Europe, President Barack Obama said in Athens last Tuesday (Nov. 15) that "austerity cannot be the formula for growth," and vowed to carry that message to the rest of the continent that is now being resc

European firms urged to seize opportunity to deal with Iran

A European industrial manager called on European companies to seize the opportunity to take part in business projects in Iran.

Dow's record rally; Buffett buys airlines; Yuan in focus

1. A record-setting run: The Trump stock market rally seems to have petered out in other parts of the world.

OPEC points to even bigger 2017 oil surplus

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

Indonesia after Iran's contribution to airport, port building

Indonesian Minister of Transportation Budi Karya Sumadi called on Iran to contribute to and invest in the construction of airports and ports in Indonesia.

Iran's Chabahar hosts first sea travelers

Iran launched the first passenger terminal at its only oceanic port thus making it possible to directly host visitors from Pakistan, India, Oman and beyond.

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.

Mir Business Bank ready to support Iran-Russia trade

Russia's Mir Business Bank of Moscow (MBB), as an affiliate of Bank Melli Iran (BMI), is ready to provide banking services to Iranian traders and exporters as well as its Russian customers.

Envoy: Austrian bank to open branch in Iran

Austrian banks are ready to broaden cooperation with Iranian banks and establish branches in Iran in the near future.

China to invest $400m in Iranian petchem project

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

Iran's petrochemical capacity to grow threefold by 2025

Iran is set to increase its total petrochemical capacity from 59 million tons to 180 million tons within the next 10 years, said an executive from US consultancy firm Frost and Sullivan on Thursday on the sidelines of the Fourth CMRI Petrochemical Co

Official: Iran can generate 60 GW from renewables

Iran has the capacity to generate 60 gigawatts (GW) electricity from renewable sources, said vice chairman of Environment Committee in Tehran Chamber of commerce, Industries, Mines and Agriculture.

Veep: Avoiding raw material sales major program of resistance economy

First Vice President Es'haq Jahangiri said that avoiding the sales of raw material and producing high value-added products is the most significant program of the economy of resistance.

Iran eyes LNG exports to Europe

Iran will focus on the production of liquefied natural gas (LNG) to facilitate exports of natural gas to Europe, said a deputy oil minister.

Airbus, Boeing contracts at final stage for signature

Negotiations and expert studies on contracts with Airbus and Boeing are in their final stage for signature, said the deputy minister of roads and urban development for international affairs.

Essar oil imports from Iran up 8%

India's Essar Oil shipped in about 132,000 barrels per day (bpd) of oil from Iran in September, a growth of about 8.3 percent from about 122,000 bpd a year ago, according to tanker arrival data obtained from trade sources and ship-tracking services o

Maku Free Zone exports first VAT-free consignment

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

Official: 17 int'l companies resume Iran shipping operations

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

South Pars gas extraction capacity to rise by 5 bcf/d

Gas extraction capacity from South Pars Gas Field will increase by five billion cubic feet per day once 10 platforms of the field become operational, announced the managing director of South Pars Oil and Gas Company (POGC).

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

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

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.

Iran, China underline ties in renewable energies

Iran's Vice President for Scientific and Technological Affairs Sorena Sattari and Head of Chinese Academy of Sciences Bai Chunli underlined Iran-China cooperation on renewable energies, technology and water sciences.

Denmark's Maersk to resume Iran operations

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

IME weekly trade nears $228m

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

French envoy: Eutelsat eager to cooperate with Iran

Paris Ambassador to Tehran François Sénémaud announced that the French-based satellite provider, Eutelsat, plans to win contract with Iran to build a satellite for the country.

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.

Italy's Fiat to build petchem plants in Iran

A group of Italian investors headed by one of the main shareholders of Fiat Automobiles S.p.A. Ernesto Paulio arrived in the southern Iranian city of Assaluyeh to hold talks with officials of Iranian petrochemical companies.

TPO: Iran's exports to US rise following JCPOA

Iran's exports to the US and some European countries have increased following the implementation of Joint Comprehensive Plan of Action (JCPOA), said the head of Trade Promotion Organization (TPO).

Kish to host marine conference, exhibition

The Eighteenth Marine Industries Conference will be held on Kish Island from October 18 to 21 concurrently with the Eighth International Maritime and Offshore Technologies Exhibition.

Iran's first LPG cargo arrives in Indonesia

Indonesia's state-run energy giant Pertamina officially received a cargo of liquefied petroleum gas (LPG) from Iran on Thursday, marking Iran's first shipment as a new supplier of LPG to Indonesia.

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.

Iran produces over 15m tons of iron ore concentrates

Iran produced 15.184 million tons of iron ore concentrates during March 20-September 21 marking a growth of 21 percent compared to the figure for the same period last year.

Iran produces over 15m tons of iron ore concentrates

Iran produced 15.184 million tons of iron ore concentrates during March 20-September 21 marking a growth of 21 percent compared to the figure for the same period last year.

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.

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Hungary to buy 1m barrels of oil from Iran

Hungary signed a deal to buy one million barrels of crude oil from Iran, said director for international affairs at National Iranian Oil Company (NIOC) on Saturday.

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

France's Total may return to South Pars

Iran's deputy oil minister said France's Total has put forward a proposal to cooperate in the development of Phase 11 of South Pars Gas Field.

Italy for broadening of economic ties with Iran

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

Steel, oil, cars play key role in Tehran-Baku trade

An Iranian senior official said cooperation in the steel, oil and gas industries, as well as car manufacturing would contribute to boosting the trade turnover between Iran and Azerbaijan.

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.

Salehi: Iran targets 20,000 MW energy

Head of the Atomic Energy Organization of Iran (AEOI) said long-term generation of 20,000 MW of nuclear power is Iran's target.

Iran, Netherlands moot easing trade, banking ties

Iran’s ambassador to the Netherlands and president of the European country's central bank in a meeting in The Hague explored avenues to facilitate trade and financial transactions between the two counties.

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.

Semi-industrial polypropylene unit to be launched in Arak

Arak Semi-Industrial Polypropylene Unit is to be officially inaugurated today (Wednesday) in a ceremony attended by Managing Director of National Petrochemical Company (NPC) Marzieh Shahdaei.

Iran revises in-situ liquid hydrocarbon reserves

Iran's in-situ liquid hydrocarbon reserves, including crude oil and condensates, stand at an estimated 836.47 billion barrels.

Tehran to host Armenia Expo in October

A trade fair of Armenian products and services – Armenia Expo – will be held in Tehran October 5-8.

Nano products exported to 17 countries

Export of Iran's nano-products to 17 countries was valued at $35 million in the year to March 19, announced the secretary for Iran Nanotechnology Initiative Council affiliated to the Vice Presidency for Science and Technology, on Thursday.

Japan to contribute to Chabahar investment

A senior regional coordinator at Japan's Foreign Ministry said his country has suggested partnering India to invest and develop Chabahar Port of Iran.

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.

Iran seeks oil deal with Swiss Vitol

Iran is seeking to sign new agreements with foreign companies to revive its energy sector.

Iranian ports handle 13% more freight in August

Iranian ports recorded a 13-percent growth in the amount of goods loaded/unloaded during August compared to the figure for the same month in 2015.

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

Iran to finalize Airbus deal after August

Iran plans to finalize the deal with France's Airbus on the purchase of aircraft after August.

Iran unveils first phase of national data network

Iran unveiled the first phase of its National Data Network project on Sunday.

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.

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

Turkey planning to build power plant in Iran

Turkey's Unit International has concluded talks with Iran on investing $3 billion on the construction of a 5,000-megawatt power plant in Iran once the government gives the go-ahead to sign the deal.

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.

South Koreans keen on investing in Iran's rail projects

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

Iran to ship LNG to Europe

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

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.

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.

Mineral product exports up 33%

Iran exported $2.4 billion worth of mine and mineral products during the four months to July 20.

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.

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

Yandex looks to resuming Iran operation

Minister of Communications and Information Technology Mahmoud Vaezi said Iran plans to hold talks with Russia on resuming search engine Yandex's Iranian operations.

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 seeks to triple gas exports to Armenia

Managing Director of National Iranian Gas Exports Company (NIGEC) Alireza Kameli said talks are underway with neighboring Armenia for raising the volume of Iran's natural gas exports to the country by up to three times within the next two or three ye

Envoy: Iran, Azerbaijan in good conditions for collaboration

Today conditions are quite suitable for improvement of economic and trade relations between Iran and Azerbaijan, Iranian Ambassador to Baku Mohsen Pakaeen said.

Tehran, Baku cooperate in oil industry maintenance

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

Iran leases five tankers to world oil firms

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

Iran, South Korea ink MoU on bourse cooperation

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

New gold reserves discovered in Iran

Recent explorations have led to the identification of new reserves at Iran's Zarshouran gold mine, announced the manager of Zarshouran Gold Complex.

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).

Iranian oil, gas industries lucrative for foreign investment

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

New gold reserves discovered in Iran

Recent explorations have led to the identification of new reserves at Iran's Zarshouran gold mine, announced the manager of Zarshouran Gold Complex.

Iran recommences petchem exports to Britain

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

Renault to arrive in Iranian auto market with 5 new products

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

'Russia set to fund railway line between Iran, Azerbaijan'

Russia is reportedly poised to finance a railway line connecting Iran with its northern neighbor Azerbaijan.

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

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

Iranian automaker in talks with LG to make electric vehicles

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

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.

Iran provides $500m of technical-engineering services to Kazakhstan

TEHRAN – Iranian companies and firms provide around $500 million worth of technical and engineering services to Kazakhstan (per annum), IRIB news agency reported on Wednesday.

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.

‘Tehran, Ashgabat after huge goods-for-energy barter’ Wed Jun 29, 2016 7:35AM HomeIranEconomy

An Iranian Petroleum Ministry official says Iran and Turkmenistan have envisioned a $30bn barter deal in their economic exchange.

Over 230 firms to attend Tehran int'l mine expo

The Eighth International Exhibition of Stones, Mines, Machineries and Related Industries will be held in Tehran International Fairground with participation of over 230 domestic and foreign companies.

Iran’s quarterly exports of gas condensate up 57% yr/yr

TEHRAN- Iran’s Pars Especial Economic Energy Zone (PSEEZ) exported $1.687 billion of gas condensate in the first quarter of the current Iranian calendar year (March 20-June 20, 2016), showing a 57 percent growth compared to the same time last year,”

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.

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

Iran’s non-oil trade falls to $19.4b in spring

TEHRAN- According to Iran’s Customs Administration, the value of Iran’s non-oil trade fell to $19.473 billion in spring 2016, which corresponds to the first quarter of the current Iranian calendar year (March 20-June 20), from $24.245 billion in spri

Tehran to barter oil with Ankara for rail

The Islamic Republic of Iran has reportedly sealed a deal with Turkey to barter oil for rail.

Turkey to sell train rails to Iran in exchange for oil

Transportation, Maritime Affairs and Communications Minister Binali Yildirim has said Turkey will buy oil from Iran in exchange of train rails in line with an 80-million-euro deal.

EU’s imports of goods from Iran triple in April yr/yr

TEHRAN – Based on the latest figures released by the European Union’s statistics agency Eurostat, Iran’s exports to the EU member states tripled in April 2016, compared to the same month last year.

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.

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 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.

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

International Maritime exhibition and Summit of Islamic republic of Iran

Rouhani to finalize rail deal in Baku visit

Iran and Azerbaijan are expected to finalize a deal to create a crucial rail link during the upcoming visit to Baku by the Iranian President Hassan Rouhani

Iran, Russia eyeing Sukhoi Superjet deal

Iran says it is looking into a plan to jointly produce Sukhoi Superjet 100 (SSJ 100) airplanes with Russia – what could take the Islamic Republic to the club of global plane makers if materialized

Iran says Boeing deal biggest with US ever

Iran says it expects an emerging deal to purchase planes from US aerospace giant Boeing to become the biggest civil trade agreement between the two countries after the 1979 Islamic Revolution

Tehran, Yerevan discuss electricity exports

Iran and Armenia are in talks on the export of electricity and related goods and services. The talks were conducted between Niroo (Power) Research Institute of Iran (NRI) and Armenia's Scientific Research Institute of Energy (SRIE) in Tehran.

Mining sector accounts for 16% of non-oil exports

Iran's Ministry of Industry, Mine and Trade announced that mineral products constituted 16.5 percent of the country's total non-oil exports in the year to March 19.

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 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.

Iran to launch two more phases of South Pars gas field

A senior Iranian energy official says the country will launch two more major phases of the huge South Pars gas field project in the Persian Gulf in the second half of the current Iranian calendar year (started March 20)

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 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

Iran sells over 15mn tons of cement overseas

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

Iran Air eyeing ‘historic’ deal with Boeing

Iran Air - the national flag carrier airline of the Islamic Republic – says it is discussing what is seen as a “historic aircraft purchase deal” with global aviation giant Boeing

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 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

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 inks economic agreements in Finland, Poland

Iran has struck a number of economic agreements worth some 1.2 billion dollars during an Iranian delegation’s trip to Poland and Finland, says an official

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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.

Iran exports biological drugs technologies

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

Tata Motors to set up car unit in Iran

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

3rd International Conference on Solar Energy, Tehran , Iran 5 - 6 September 2016

University of Tehran is pleased to announce for the 3rd International Conference on Solar Energy. The Solar Energy Conference will be held on 5-6 September 2016 at University of Tehran. This event provides an opportunity to bring together researchers

Iran, New Zealand agree on agricultural cooperation

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

South Korea to build 800-bed hospital in Tabriz

Chancellor of Tabriz University of Medical Sciences Mohammad Hossein Soumi said on Thursday that South Korea is to construct a 800-bed hospital in Tabriz.

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

Iran-Japan credit line can help boost cooperation in water sector

An Iranian official has expressed hope that a credit line between Tehran and Tokyo would contribute to the implementation of joint ventures on water management systems.

Ministry Meeting organized by Open Iran for UK Delegation

17:47 (Tuesday, May 10, 2016) TEHRAN, May 10 (Shana) -- Deputy Petroleum Minister for International Affairs Amir Hossein Zamanin Nia conferred with visiting UK trade delegation on bilateral cooperation

Iran, Norway ink MoU on oil industry cooperation

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

Japan eyes development of Iranian port: Report

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

Tehran, Berlin ink agreements on water

Iranian and German officials reached understanding on cooperation in the water supply and sanitation sector.

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)

Iran pushing for global banking reintegration: CNBC

The Central Bank of Iran (CBI) is pushing to reintegrate Iranian banks into the global banking system, says a CNBC report

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

OPEN IRAN NEWS : Iran / Russia: “Heavy Iran” Conference Held Successfully (27 April 2016)

The first after JCOPA conference on heavy transportation issues was held here in Tehran under the title of “Heavy Iran 2016” as announced before here at PIMI news headlines:

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

Iran reports huge rail purchase from India

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

Iran sets new steel export record

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

Bombardier to set up own airline in Iran

Canada’s global aviation firm Bombardier is reportedly planning to launch its own airline in Iran – a groundbreaking move that could help boost air trips between Iran and Northern America

Iran-Azerbaijan trade turnover up 53%

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

Iran says Russia top investment priority

Iran’s Parliament Speaker Ali Larijani said on Thursday that the country attaches a great significance to its relations with Russia, stressing that Russia will be prioritized in any industry it wants to invest in the Islamic Republic.

Iran seeks more oil tankers for growing crude exports: Reuters

A new report points to Iran’s ‘need’ for additional oil tankers in its ‘aging’ fleet to handle a surge in the country’s foreign crude shipments.

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.

‘New Tehran-Hanover flight route coming’

A top German official said in Tehran on Sunday that a new direct flight route will be soon established from Iran to Hanover

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

First Air France jet in years lands in Iran

Iran’s media said on Sunday that the first Air France plane had landed in capital Tehran after a hiatus of eight years

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

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, Kazakhstan to build joint shipping company

The Islamic Republic of Iran and Kazakhstan have agreed on the establishment of a joint shipping company

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 says Boeing team coming to Tehran

Iran says a top-level delegation from global aviation giant Boeing will arrive in the country within the next days to discuss potential areas of cooperation with Iranian companies

Boeing offers to sell three new aircraft models to Iran

US plane maker Boeing has proposed to sell new models of its 737, 777 and 787 aircraft to Iran and promised after-sales support, a top Iranian aviation official says

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

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

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)

Russia plans ‘green corridors’ for Iran

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

Foreign Firms Keen to Invest in Iran’s Power Projects: Official

TEHRAN (Tasnim) – The managing director of Iran Water and Energy Resources Development Company said Tuesday that several foreign firms have shown eagerness to build hydroelectric power plants in Iran

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

RUSSIAN ENERGY WEEK 3rd NATIONAL OIL AND GAS FORUM 19-20 April 2016, Moscow, Russia 16-18 March 2016 in Moscow

National Oil and Gas Forum is an annual biggest oil and gas conference in Russia - key event for all industry professionals interested or active in the Russian oil and gas sector.

Second International Conference Tank Farms and Oil Terminals of Caspian Region will take place in Astana (Kazakhstan) on 16-17th May 2016.

Second International Conference Tank Farms and Oil Terminals of Caspian Region will take place in Astana (Kazakhstan) on 16-17th May 2016. 150+ delegates will represent leading oil transportation and storage companies, national operators, regulato

Pasdaran Service Centre

Construct the biggest collection of commercial, administrative, residential, hotels and other areas in the one of luxuries zone (Pasdaran St.) in Tehran

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.

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-Pakistan banking channels to reopen soon

Governor of State Bank of Pakistan (SBP) Ashraf Wathra said the country's banking channels with Iran will be reopened in the near future.

Power projects in Iran

Iran’s power industry requires investments of USD 24 billion in the short and medium time Iran would like to interest international power and energy companies in investing in Iran’s power business by offering buyback contracts

Amazon River

This travel with lots of vicissitudes and adventures took 4 days, it started from Karaj and continued through passing Chaloos, Arangeh, Gachsar, Kandovan, Siahbisheh, Marzan abad which all are located in Chaloos road and finally it ended in Chaloos c

10MW Wind Power Plant

Khaf is located in Khorasan Razavi, Iran and has a great potential of wind energy. Ministry of Electricity of Iran (MoE) has established new incentives for wind farm developers including Guaranteed Power Purchase Agreement (GPPA) with a high price f

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

EU airlines to launch flights to Iran soon

Iran said on Thursday that several leading European airlines have presented plans to start making extraordinary trips to its Imam Khomeini International Airport (IKIA) in late March

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

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

Japan Set to Resume Business With Iran

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

Establishment of Foreign Representatives and Branch Offices in Iran

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

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

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

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

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

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

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

Swiss company loads Iranian oil for European consumers

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

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.

water and waste water projects in iran

Implementation .of projects related to collection of wastewater in prioritized villages Type of Investment: Build – Operate – Transfer BOT

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.

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

MDwind to invest in Iran’s energy sector

MDwind, a giant European company engaged in installation and maintenance of wind turbines, will invest in Iran’s energy sector, the company’s head Matthieu Dessailly said, IRNA news agency reported

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.

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

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

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

Rouhani: Investment in Iran ‘guaranteed enough, profiting’

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

Austrian president, in Tehran, expects growing trade with Iran

TEHRAN (Reuters) - Austrian President Heinz Fischer, the first Western head of state to visit Iran in more than a decade, told his hosts on Tuesday of his hopes for economic gains for both countries as relations with Tehran thaw

Iran, Germany's Siemens ink $1.6b deal

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

Iran Is Back in Business

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

Griffon Starts $108 Million Fund to Invest in Iranian Stocks

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

Consider establishing your company in Free Zones

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

Chinese car makers invest in Iran

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

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

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

Iran Opening Stirs New Interest From Businesses

Executives cautiously explore potential for ties; first oil shipment to Europe expected next month TEHRAN—Iran is pushing full throttle to re-establish business with the rest of the world as Western companies move cautiously to renew ties abandoned

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

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.

Presence of Dr. Hossein Naseri in the superior economic meeting committee of Iran and Brazilian delegation.

This conference began at 16:00 local time at the union bank and stock exchange in Sao Paulo ,Brazil

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 up to attract €10bn oil investment

ICOFC managing director has estimated attraction of 10 billion euros of new investments in Iran’s central oilfields rejecting the halt of oil industry development owing to low production costs

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

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

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

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

Denmark Plans Wind Energy Investment In Iran

Another European country has expressed intentions to support the development of the renewable energy sector in Iran

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

Zagros Green Fuel Development Company

Ethanol fuel is ethanol (ethyl alcohol), the same type of alcohol found in alcoholic beverages. It is most often used as a motor fuel, mainly as a biofuel additive for gasoline in order to increase the Octane Number of fuel instead of MTBE .This pro

Zagros Green Fuel Development Company

Ethanol fuel is ethanol (ethyl alcohol), the same type of alcohol found in alcoholic beverages. It is most often used as a motor fuel, mainly as a biofuel additive for gasoline in order to increase the Octane Number of fuel instead of MTBE .This pro

Sabz Dasht Sarvestan Petrochemical

: natural gas turned into methanol and then with different processes methanol changed into propylene. Ifra productions of propylene consist of: polypropylene. Resins. Astylen and other hundreds matters

Sahar Oil Refinery

Establishing a plant for refining Iranian heavy export crude oil with an API of approximately 30. The refinery has the ability to work stable at a turndown ratio of 50% and an over design ratio of 110%. In second phase, the refinery capacity is expec

Capabilities and Advantages of East Azarbaijan

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

capacities and capabilities of Zanjan province

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

Benefits of special zone and investment opportunities

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

Capabilities and Investment Potentials of Hormozgan Province

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

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.

Investment opportunities in tourism in Yazd

YAZD (Tasnim) – Each year, millions of Iranian and foreign tourists visit the 5000-year-old city of Yazd located in central Iran. Yazd is an architecturally unique city and is also known in Iran for the high quality of its handicrafts, especially sil

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.

Company Registration in Anzali Free Zone

Registration of Foreign Companies and Receiving Registration Form Variety of companies and non-commercial institutes can register their company in the region with minimum bureaucracy.

farming 3500 sheep

Small size, taming ability and high yield of meat, wool, and milk attract humans to sheep. This project aims to produce 3500 sheep from top race . 7000 lambs and 140 tons of milk in a year are other goals of this project

Establishing a green-house in Jolfa

High rate of population growth and shortage of fertile lands due to urban & industry development, it makes necessary to plan for optimal application of available facilities

Processing and Packaging of Herbal Medicines

Based on Stats more than 60 percent and 74 percent of British, German and Belgian people have tend to use natural and herbal treatments. That's why many experts of present century, the name Return to use of herbal medicines are called.

brick production unit

Brick is an old ceramic product. Frequently used in construction industry because of accessibility of its raw material {clay).clay toughness and its mechanical power after heating is considerable This project aims to utilize modern technologies for

Mazandaran

Mazandaran Province is a Caspian province in the north of Iran. Located on the southern coast of the Caspian Sea, it is bordered clockwise by the Golestan, Semnan, Tehran, Alborz, Qazvin, and Gilan provinces. Sari is the largest and the capital city

Kish Island

In the shadow of the empire, the islands in the gulf became prosperous, navigation in the Persian Gulf was expanded and better vessels were used to carry passengers and goods. Navigational signs, including lighthouses, were set up to facilitate navig

OIBC

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

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.

West Ethylene Pipeline breaks feedstock supply record

West Ethylene Pipeline has set a new record in supplying feedstock to eight petrochemical plants along its way, a petrochemical official said.

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.

Pakistan appeals to India to rejoin IP

Chairman of Pakistan Senate Standing Committee for Defense described Iran-Pakistan (IP) gas pipeline project as the most economical, most feasible and the easiest way for Pakistan and also India to access huge energy resources of Iran and said Pakist

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 unveils long-awaited oil contracts

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

Promoting Hamedan tourism potentials a necessity

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

OANA steps up activities to enhance role

Stepping up of activities of the Organization of Asia-Pacific News Agencies (OANA) is among the priorities of the 39th OANA Executive Board meeting in Seoul, OANA President and TASS Director General Sergei Mikhailov said at the opening ceremony on Mo

Minister Iran’s talks with Airbus continue

Iran’s talks with leading plane manufacturers continue for purchase of new airliners, Minister of Roads and Urban Development Abbas Akhoundi says, after President Hassan Rouhani postponed his visit to Europe.

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

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.

France’s Fives Group to invest in Iran’s aluminum industry

TEHRAN- France’s Fives Group made an agreement with Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) on making joint venture for the construction of an anode production plant in Iran, according to the IRNA news age

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

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.

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.

Russia and Iran consider bank to finance joint projects

Russian Energy Minister Aleksandr Novak is in Iran to discuss energy cooperation. Among the proposals is setting up of a bank to boost joint projects.

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

S. Korea to invest in Iranian airport

South Korean firms may invest in the Iranian airport development plan. Iran’s Roads and Urban Development Ministry is negotiating with South Korean companies to participate in the implementation of Iran’s Imam Khomeini International Airport develo

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

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

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.

Iranian tourists spent $10 billion abroad past Iranian fiscal year

Iran gained $3-4 billion from incoming tourists but Iranian tourists spent about $8-10 billion while travelling to other countries, during the past Iranian fiscal year.

Iran plans to double tourism share of GDP

Head of Iran’s Cultural Heritage, Handicraft, and Tourism Organization Masoud Soltanifar has said that the country plans to boost tourism’s share of its economy from the current 5-6 percent to 10 percent.

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

Iran to invest $25bn in railway upgrades

Iran plans to invest $25bn over the next ten years in the modernisation and expansion of its railway network. The investment is expected to extend Iran Railways' track length from the current 15,000km to 25,000km by 2025.

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.

Vostock Capital

Vostock Capital is a leading provider of consulting and event management services, focusing on conferences, workshops and master classes for oil & gas sector in Russia, CIS, Europe and Asia.

Business Consultancy

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

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.

The Iranians are hoping the prominent U.S. firms will compete with foreign companies to secure lucrative contracts with Iran’s state-controlled oil an

TEHRAN- The U.S. companies may participate in the conference to unveil Iran’s new models of oil contracts, known as the Integrated Petroleum Contract (IPC), according to National Iranian Oil Company (NIOC) Managing Director Rokneddin Javadi.

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

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

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights.

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).

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

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

Iran rushes to meet terms of nuclear deal to lift sanctions

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

Iran's Next Challenge: Courting Oil Investors

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

Iran Prepares For First International Marketing Conference

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

Doing Business in Iran, Opportunities and Challenges 2

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

Doing Business in Iran, Opportunities and Challenges 1

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

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.

Strong French trade delegation in Iran next week

TEHRAN – A 150-strong delegation of French businessmen will start a two-day visit to Tehran on September 21 to seek cooperation avenues in Iran, the IRIB News Agency reported on Friday.

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.

Nuclear deal could open doors toward Iran-West relations

By Fatih Karimov – Trend: If the nuclear agreement is ratified by Iranian legal authorities, it can open doors toward relations between Iran and western countries, Iran Supreme Leader's Advisor for International Affairs Ali Akbar Velayati said.

Iran Seeks Foreign Investment to Boost Tourism Industry: Official

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

Iran to unveil new oil deals in Nov.

The National Iranian Oil Company (NIOC) has announced that it will introduce Iran’s new oil contracts in early November in Tehran.

Volatility in the O&G market

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

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

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

Foreign investment to help Iran’s return to oil market

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

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.

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,

Iran to introduce 3 gas fields for foreign investment

Baku, Azerbaijan, Aug. 27 By Khalid Kazimov –- Trend: North Pars, Golshan, and Ferdowsi gas fields as well as the oil layer of the South Pars are going to be introduced along other Iran petroleum contract (IPC) offers for foreign investment by

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

Foreign firms to invest in Iran’s fuel conservation projects: official

TEHRAN – Negotiations have been made with foreign firms to invest in and transfer technology to the country’s fuel conservation projects and the firms have proposed their plans, Iranian Fuel Conservation Company Managing Director Nosratollah Seifi sa

No limitations for U.S. oil firms to invest in Iran

By Fatih Karimov – Trend: There are no limitations for U.S. oil firms to invest in Iran, said Iran’s Oil Minister Bijan Namdar Zanganeh.

Australian companies keen to invest in Iran’s mining projects

TEHRAN- Australian companies are eager to make investment in Iran’s mining projects, according to Gerard Seeber, the senior trade commissioner for the Middle East and North Africa (MENA) region in the Australian Trade Commission (Austrade).

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.

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.

Hyundai Offers To Invest In Anzali, Iran’s Northern Port City

Hyundai Development Company Group is going to invest in Iran, local media reports said. Reuters

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.

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.

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.

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

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.

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

Tax Holidays

There are two major types of direct taxes including income taxes and property taxes. Each category of direct taxes, in turn, is divided into sub-parts. Indirect taxes include taxes on imports and Value Added Tax (VAT). Taxes on imports are currently

Anzali Free Zone

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

Aras Free Zone

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

Kish free zone

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

Trading Across Borders

Below is a detailed summary of the procedural requirements for exporting and importing a standardized cargo of goods.

Protecting Minority Investors

Below is a detailed summary of the strength of minority shareholder protections against misuse of corporate assets by directors for their personal gain.

Getting Credit

Below is a detailed summary of two sets of issues—credit information registries and the effectiveness of collateral and bankruptcy laws in facilitating lending.

Registering Property

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

Getting Electricity

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

Dealing with Construction Permits

Below is a detailed summary of the procedures, time and costs to build a warehouse in Iran, Islamic Rep.

Starting a Business

Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Iran, Islamic Rep.

Kish INVEX 2015

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

Market oriented (pre-) feasibility studies for potential markets

Market oriented (pre-) feasibility studies for potential markets

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