open-iran
 
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

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).

Iran, Germany set to expand trade in horticulture

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

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.

Iran Eyes Visa Facilitation With East Asian Nations

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

Rail development on track despite inefficiencies

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

22 Iranian Banks Link Up With Oberbank

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

Iran Denies Banking Troubles With Turkey

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

Austrian Bank Opens €1b Credit Line for Iran

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

Tehran to host intl. kitchen, ceramic exhibits

Iranian capital will host the 15th Kitchen, Bath, Sauna and Pool Industries and Equipment International Exhibition and the 24th International Exhibition of Ceramic Industries at Tehran’s International Permanent Fairgrounds from June 30 to July 3, 201

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

N. Delhi Okays Capital Markets MoU With Tehran

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

Iran Visa Easy to Obtain for American Tourists

American citizens currently face no ban or obstacle for travelling to Iran and can apply for...

5 Foreign Banks Licensed by Iran

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

Billion-dollar Qatari food market on tap

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

Upbeat Prospects for Iran-Australia Ties

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

Free trade agreement discussed between Iran, Eurasian Economic Commission

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

Tehran, Yerevan sign MOU on expansion of trade ties

Iran and Armenian inked a memorandum of understanding (MOU) on the expansion of mutual trade relations, Iran’s Trade Promotion Organization (TPO) announced.

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...

TCCIMA to dispatch trade delegation to Kazakhstan in late June

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

2nd Iran-Russia Energy Committee meeting due in coming days

An Iranian delegation is due to leave Tehran for Moscow in coming days (up to Friday, June 2) to attend the second round of Iran-Russia Joint Energy Committee meeting to be hosted by Russia, Shana reported on Monday.

EEU Closer to Free Trade Deal With Iran

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

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...

UNESCO to Vote on Yazd Heritage Status

The ancient city of Yazd in central Iran will be considered for world heritage status this year...

Iran, Belarus sign co-op agreement on customs data exchange

Iran and Belarus signed a cooperation agreement on exchanging customs information in Tehran on Wednesday, IRNA reported.

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.

Iran signs $630m deal to produce strategic oil equipment

By signing a contract worth $630 million with an Iranian-Spanish consortium on Wednesday, Iran joined the world’s manufacturers of special pipes, which are of strategic importance in the oil and gas industry.

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.

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 plans 800km railway network expansion by March 2018

The national railway network is projected to be expanded by 838 kilometers in the current Iranian calendar year, which ends on March 20, 2018, IRNA quoted transport minister as saying.

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

Tehran to host 1st Iran-Latin America mining co-op meeting on Monday

The first Iran-Latin American countries joint meeting on cooperation opportunities in mining sector is due to be held in Tehran on Monday, IRNA reported.

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

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

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.

Iran starts exports from South Pars oil layer

Iran exported the first cargo of crude oil to the tune of 700,000 barrels from the South Pars oil layer last week.

Europeans see huge potential in Iran’s energy market

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

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),

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

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

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.

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

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

Post-JCPOA trade with EU up 79%

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

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.

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

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

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.

Over 200 foreign companies to attend Project Iran 2017 expo

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

Iran, Russia ink MOU on fishery co-op

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

IPF to bring world of petrochemicals together

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

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

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

Foreign investment in Iran’s capital market surged under Rouhani

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

Iran, Pakistan ink MOU on banking co-op

The Central Bank of Iran (CBI) and the State Bank of Pakistan (SBP) signed an agreement on Banking and Payment Arrangement (BPA) aiming to strengthen banking ties between the two countries.

Companies from 18 countries to attend 9th ICM in Tehran

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

Bavarian trade delegation to embark for Tehran

A German trade delegation from the southeastern state of Bavaria will be in Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) on May 1, to negotiate expansion of ties with Iranian entrepreneurs, the official website of TCCIMA an

BP to operate joint North Sea field with Iran

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

Talks with Mitsubishi ongoing despite Boeing deal, Iran says

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

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

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

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-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 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

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.

TCCIMA plans to cover all entrepreneurs: chairman

Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) plans to establish a comprehensive membership system in a way that all entrepreneurs will be members of this chamber, TCCIMA Chairman Masoud Khansari told in a press conference o

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, Norway explore avenues of co-op in upstream oil, gas sector

Iran and Norway explored avenues of cooperation in oil and gas industry’s upstream sector in Iran-Norway conference on upstream oil and gas technology and development cooperation which kicked off in Tehran on Tuesday.

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.

Tehran, Jakarta ink MOU on banking co-op

Iran and Indonesia’s central banks signed a memorandum of understanding on Monday to expand banking cooperation, Central Bank of Iran (CBI)’s Public Relations Department reported.

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.

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

Iran eyes purchase of 12 Sukhoi Superjet 100

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

Tehran, Belgrade stress energy, mining co-op

Iran’s ambassador to Serbia Hossein Molla-Abdollahi and Serbian Minister of Energy and Mining Aleksandar Antic in a Friday meeting in Belgrade underscored both countries’ interest in developing common mining and energy bonds, IRNA reported on Saturda

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.

Russian deputy PM due in Tehran to negotiate Iran-EAEU FTZ

Russian First Deputy Prime Minister Igor Shuvalov will be in Tehran on February 21 to negotiate the creation of a free trade zone (FTZ) between Iran and the Eurasian Economic Union (EAEU).

Tehran to host 4th Intl. drilling congress, exhibit next week

The fourth edition of International Iranian Drilling Congress and Exhibition is due to be held in Tehran on February 18 and 19, Shana reported.

Tehran, Seoul sign MOU on tax co-op

South Korea's National Tax Service (NTS) Commissioner Lim Hwan-soo and Head of Iran's National Tax Administration (INTA) Seyyed Kamel Taghavinejad signed an MOU on bilateral tax administrative cooperation in Tehran, the portal of INTA reported.

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’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.

Malaysian trade delegation to arrive in Iran tomorrow

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

Iran-Sweden business forum slated for Feb. 11

An Iran-Sweden business forum is scheduled to be held February 11 in Tehran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.

Belgian company to invest in Iran’s auto sector

An automobile gearbox production line will be launched in Iranian province of Zanjan (northwest of Tehran) via the investment made by a Belgian company, head of Industry, Mining and Trade Department of the province announced.

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

Turkmenistan says ready for more talks with Iran in gas dispute

Turkmenistan is ready to continue talks with Iran after cutting gas supplies to Tehran this month but also has the right to take the dispute over payments to arbitration, the Central Asian nation's foreign ministry said on Thursday.

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.

ATR says aircraft deal with Iran imminent

Turboprop maker ATR has completed commercial negotiations with Iran Air for the sale of at least 20 aircraft and expects to be able to sign a contract very soon, the head of the Franco-Italian aircraft maker said on Friday.

Siemens finalizes deal with Iran for manufacturing electric locomotives

Germany’s Siemens has finalized a deal with Iran’s Mapna Group for manufacturing of electric locomotives and also transferring relevant knowledge to the country, IRNA reported on Friday.

Sinosure goes big on Iranian refinery

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

Iran, Germany pen agreement on expanding transport co-op

Iran and Germany inked an agreement on the expansion of cooperation in rail, air and sea transportation, IRNA reported.

Iran, Germany sign co-op MOU on airport industry

Iran Airports and Air Navigation Company signed an MOU with Fraport AG, Munich Airport, and Dornier Consulting International GmbH in Tehran on Tuesday to boost airport and aviation ties with Germany.

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

Albania calls for co-op with Iran in energy, agriculture, tourism

The Minister of Foreign Affairs of the Republic of Albania Ditmir Bushati has voiced his country’s interest in cooperation with Iran in energy, agriculture and tourism sectors, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture

Tehran, Antalya chambers of commerce interested to expand economic ties

The Chairman of Antalya Chamber of Commerce and Industry (ACCI) Davut Çetin has voiced the Turkish city’s interest in boosting trade relations with Iran.

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

The world's largest oil trader, Vitol, has clinched a deal with the National Iranian Oil Co. (NIOC) to loan it an equivalent of $1 billion in euros guaranteed by future exports of refined products, four sources familiar with the matter said.

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.

Iran’s Nov. crude exports to China up 24% yr/yr

China’s November crude oil imports from Iran jumped 24.48 percent compared to the same period in 2015, IRNA reported citing Chinese customs administration.

Iran’s Nov. crude exports to China up 24% yr/yr

China’s November crude oil imports from Iran jumped 24.48 percent compared to the same period in 2015, IRNA reported citing Chinese customs administration.

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.

IMF sees Iran’s GDP growth to rebound to 6.6% in 2016-17

The International Monetary Fund (IMF) has made a statement predicting a 6.6-percent economic growth for Iran in 2016 and 2017.

Iran, Belarus discuss trading oil, manufacturing equipment

Iranian Oil Minister Bijan Namdar Zanganeh said on Tuesday Iran is considering cooperation with Belarus in oil industry equipment manufacturing and also oil trade, IRNA 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 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

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.

Over $171m of state shares divested in Iran

TEHRAN - Iranian Privatization Organization (IPO) transferred 6.704 trillion rials (about $171.897 million) worth of Iranian state-run shares to the private sector during the first eight months of the current Iranian calendar year (March 20-November

Zanganeh optimistic about OPEC deal

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

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.

NISOC, Pergas sign MOU for oilfield studies

TEHRAN–National Iranian South Oil Company (NISOC) and a consortium of international companies, known as Pergas, signed a memorandum of understanding (MOU) on Wednesday for carrying out preliminary studies over two Iranian oilfields, Shana reported.

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.

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.

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.

Tehran, Baku discuss shipping cooperation

Iran's Ports and Maritime Organization (PMO) discussed prospects of cooperation with Azerbaijan during a visit to Baku by officials of the organization.

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.

Salafchegan ranks first among free zones

Salafchegan Special Economic Zone, situated 180km from Tehran, ranked first for the sixth consecutive year among all free zones with 611 approved products out of 1,735 products manufactured in all free zones, announced the Supreme Council of Free Tra

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.

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.

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.

Danish industry well placed to prosper in Iran

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

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).

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

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

Tayyebnia confers with counterparts on banking ties

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

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Turkish bank aims to seal Iran deal soon

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

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

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

Italy for broadening of economic ties with Iran

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

17th Telecom 2016 exhibit opens in Tehran

The 17th International Exhibition of Telecommunications (Telecom 2016) opened in Tehran in a ceremony attended by Minister of Communications and Information Technology Mahmoud Vaezi.

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.

Airbus says granted US license to sell planes to Iran

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

Iran to become strategic titanium producer

ran's first titanium production plant will be operational within six months, said the manager of the Kahnuj titanium pilot project.

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.

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

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

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.

Russian banks ready to operate in Iran

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

Top India shipping line to revive Iran joint venture

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

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

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

Asia's July Iran oil imports rise over 60%

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

Islamic banking confab opens in Tehran

The 27th Conference on Islamic Banking opened in Tehran on Tuesday in a ceremony attended by Government spokesman Mohammad Baqer Nobakht, Minister of Economic Affairs and Finance Ali Tayyebnia, Governor of the Central Bank of Iran (CBI) Valiollah Sei

Seoul, Tehran agree to boost ICT cooperation

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

Iran to finalize Airbus deal after August

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

Iran signals more willingness for OPEC action to boost oil price

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

Oman gears up to promote products in Iran market

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

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.

French National Assembly president to visit Iran next month

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

Iran to do away with two-tier exchange rate

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

South Koreans keen on investing in Iran's rail projects

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

Iran to meet Turkmenistan oil, gas industry equipment shortage

Iran can supply Turkmenistan oil and gas industry equipment to make up for the shortage in the country, said the head of the Industries Commission of Tehran Chamber of Commerce.

Iran oil exports to Asia up 47.1% in June

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

US-made aircraft allowed to fly to Iran

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

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.

Iran eyes investing $12b in water projects

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

Iran 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, South Korea ink MoU on bourse cooperation

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

Iran, Bulgaria ink economic agreements

Iran and Bulgaria on Monday signed three memoranda of understanding (MoUs) to further promote bilateral relations in various fields, including agriculture, transport and nuclear energy.

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.

Iranian trade delegation to visit Mexico, Ecuador next month

TEHRAN- A senior official in Trade Promotion Organization of Iran (TPO) announced that to fasten trade ties with the American continent in post sanction era, an Iranian trade delegation will embark for Mexico and Ecuador next month.

Iran recommences petchem exports to Britain

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

Renault to arrive in Iranian auto market with 5 new products

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

Foreign firms hugely invest in Iran’s oil, gas

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

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

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

Major companies expanding presence in Iran’s oil sector

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

Iran confirms selling 2m barrels of oil to Poland

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

Iran’s crude oil price rises to over $46 in a week

TEHRAN- Iran sold light crude oil at $46.31 per barrel in the week ended on June 24, a 79-cent rise from its previous week, IRNA reported on Saturday.

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.

Parsian Gas Refinery processes 1.8m barrels of condensates in two months

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.

Monthly loading, unloading at Iranian ports up 15% yr/yr

TEHRAN- Some 12.565 million tons of oil and non-oil products were loaded and unloaded at ports of Iran during the third Iranian calendar month of Khordad (May 21-June 20), registering 15.1 percent rise compared to the same month in the preceding year

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.

Fitch visits Iran as foreign banks signal interest

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

Iran looks to Iraq as a big market for trade

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

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

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

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

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

‘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-Turkmenistan $2.5b deal finalized

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

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,”

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

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

Doosan Heavy Industries lands $186m desalination deal in Iran

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

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

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

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.

Single-digit inflation rate achieved in Iran: CBI

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

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.

PSA signs JV deal with Iran Khodro

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

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.

Water, electricity projects worth $2.8b to come on stream in Iran by Mar. 2017

TEHRAN- Over 700 projects worth 100 trillion rials (about $2.886 billion) will be implemented in the country’s water and electricity sectors by the end of current calendar year (March 20, 2017), announced Iranian Deputy Minister of Energy Sattar Mahm

Foreign investments welcomed in Iran: CBI governor

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

Ease of banking relations would speed up Iran-Netherlands ties: Zarif

TEHRAN- Referring to the large number of Iranian businessmen active in the Netherlands, the visiting Iranian Foreign Minister Mohammad Javad Zarif in a Thursday meeting with Dutch Economy Minister Henk Kamp, underscored that facilitation of mutual ba

Iran, Boeing deal on sales of 100 airliners

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

Major rise in foreign investments in Iran

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

Iran, Boeing deal on sales of 100 airliners

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

Lukoil ready to invest in Iran

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

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

Turkey to triple trade with Iran to $30bn

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

Iran, 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.

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

Iran launches direct flights to Astrakhan

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

Jump in foreign investments in Iran’s OTC

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

Indonesian minister due in Iran for oil deal

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

Iran 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

Turkish firm to build several natural gas power plants in Iran

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

Rosatom eyeing Iran heavy water deal

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

Iran in talks with giants on mining plans

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

Iran, Poland sign economic agreements

Iran and Poland on Monday signed three basic agreements to promote cooperation in several economic areas

Major rise in Germany’s exports to Iran

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

Iran, Poland sign economic agreements

Iran and Poland on Monday signed three basic agreements to promote cooperation in several economic areas

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

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

Austria’s Oberbank and Raiffeisen Bank connected to Iran market

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

Major rise in Germany’s exports to Iran

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

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

India to sign Iran port deal during Modi trip

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

Iran, 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

Iran's three-month economic growth hits 2%

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

Iran, Azerbaijan to discuss joint bank

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

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

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

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

Croatian president to visit Iran next week for talks

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

Bosch to open business, hire staff in Iran

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

Japan eyes development of Iranian port: Report

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

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

Zuma wants trade with Iran to rise to $8bn

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

Big construction deals on horizon during Park's Iran visit

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

President Rouhani welcomes South African counterpart in Tehran

President Hassan Rouhani officially welcomed his visiting South African counterpart Jacob Zuma here on Sunday.

British travelers flock to Iran

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

Iran-Azerbaijan trade turnover up 53%

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

South Africa president due in Tehran tomorrow

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

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

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

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.

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

Italy to invest €4b in Iran railway sector

An Italian official said his country will invest €4 billion in Iranian railway sector.

Iran, EU ready to promote bilateral cooperation

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

Iran's exports to US increase by six times

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

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

Iran, India sign oil, energy agreement

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

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

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

‘OMV ready to resume Iran oilfield work’

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

India, Iran move to expand energy ties

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

India’s crude imports from Iran highest in five years

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

‘Germany’s VW close to Iran auto deal’

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

Iran to lift visa with 28 countries

Iran said on Saturday that it is pursuing a plan to lift visa requirements with 28 countries in an effort which is meant to help boost the mutual tourism ties with the target countries

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

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

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

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

Prince Charles wants to visit Iran: Paper

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

Iran to begin producing cars in Oman in 2017

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

Iran, Austria sign major basic deal

Iran says it has signed a basic agreement with Austria to promote mutual cooperation with the country in multiple industrial fields

28 - 27 April 2016, International Conference, Heavy Iran 2016

We are pleased to announce the 1st International Conference «Heavy Iran 2016», April 27-28, «NOVOTEL», Tehran, Iran.

The Grand Bazaar: Munchies Guide To Tehran

The Grand Bazaar: Munchies Guide To Tehran

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

Swiss president to visit Iran Friday to expand ties

Swiss President Johann Schneider will visit Iran on Friday to expand Bern-Tehran relations in economic and political fields.

Bank Muscat plans to open branch in Tehran

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

Iran offers ample investment opportunities for Oman

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

Boeing Co. is Finally Open for Business in Iran

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

Singapore business delegation heads to Iran

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

SBP Clears Financial Transactions With Iran

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

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.

Iran discussing investments with US firms

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

Japan Keen to Invest in Iran’s Market

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

Iran-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.

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

Iran seeing growing foreign guests after nuclear deal

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

Russian companies gearing up for Iran business

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

Iran rail expansion chugs on with major deal

Iran has signed an agreement, including 5 billion euros in export credits from Italy, to expand and modernize its rail network

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

Iran, Japan sign investment pact to lure wary Japanese firms

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

Japan Set to Resume Business With Iran

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

Establishment of Foreign Representatives and Branch Offices in Iran

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

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

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

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

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

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

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

Swiss company loads Iranian oil for European consumers

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

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

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

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

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

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

Global interaction conditions different from past - Rouhani

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

German Foreign Minister Steinmeier due in Tehran on Tuesday

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

Iranian President Hassan Rouhani in Paris to court investors

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

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 Is Back in Business

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

Griffon Starts $108 Million Fund to Invest in Iranian Stocks

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

Iran seeks investment in capital markets

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

Consider establishing your company in Free Zones

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

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

Greece to restart crude oil purchases from Iran

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

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

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

Iran hopes for $50bn in investment as sanctions lifted

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

Companies rush to invest in Iran after deal

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

Italy to Offer Financing for Investment in Iran

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

Iran emerges as market of the future

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

Iran emerges from the shadows with huge untapped potential

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

Rouhani sees financial windfall as Iran sanctions are lifted

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

Door now open to foreign investments in Iran: Rouhani

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

Airbus plan heralds Iran boom after sanctions lifted

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

Iran: All sanctions to be annulled today

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

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

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

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

German companies' multibillion bids to invest in Iran petchems

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

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

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

Denmark Ramps Up Renewable Investment In Iran

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

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

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

ECE Iran 5 and 6 March 2016, International Engineering and Construction Expo

ECE Iran 2016, International Engineering and Construction Expo 5 and 6 March, International Conference Center of the Islamic Republic of Iran Broadcasting (IRIB)

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

Fereshteh Hotel

The city of Tehran, with a population of approximately 12 million people, and as the capital of political and commercial; interactions of country, currently has never had a 5star rated hotel according International standards

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

Iran eyes Russia for petrochemical exports

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

Anzali Free Zone And Economic and Geographic Advantages

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

zanjan

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

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

Boshehr Port

The port of Bushehr is located in 28,58 N and 50, 50 E in the north end of a peninsula on the coast of the Persian Gulf. This peninsula is 14 Km long. The depth of water is near to 7m in the external anchorage leading to internal anchorage by the ext

Kermanshah

Because of its antiquity, attractive landscapes, rich culture and Neolithic villages, Kermanshah is considered one of the cradles of prehistoric cultures

Trophy of management and reputation of european union awarded to dr hossein naseri

Trophy of management and reputation of european union awarded to dr hossein naseri (mr advertising) establisher and ceo of samin advertising group

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.

Moscow plans to fund major Iran projects

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

Iran discusses investment in foreign refineries

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

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.

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.

Iran to boost oil exports after sanctions are lifted

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

China's investment in Iran to grow by sanctions relief

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

Oman’s path to Iran

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

Indian firms plan to invest in Iran's Chabahar project

Indian firms will invest heavily in the strategically important Port of Chabahar in Iran, said a senior Indian diplomat.

S. Korea Impatient to Invest in Iran

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

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

Germany to support investing in Iran

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

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.

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

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

Traders hope Iran deal will avail Persian carpets

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

The Entrepreneur Behind Iran’s Billion-Dollar Super Mall

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

Iran Deal Milestone Starts the Clock on Oil Sanctions Relief

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

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.

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

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

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

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

Russia offers gas, oil swap deals to Iran

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

German government backs investment in Iran: Steinmeier

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

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

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

Microsoft preparing to invest in Iran

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

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

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

Japan, Iran agree on investment pact after sanctions end

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

Kish Island to host Iran's 1st FinTech Conference

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

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

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

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

Iran offers formation of joint venture with Oman

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

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

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

Iran to hold intl. confab on investment opportunities in transportation

Iran is to hold an international conference on investment opportunities in transportation sector an urban development to be attended by high-ranking officials from Iran and other countries.

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

Poland to invest in Iranian pharmaceutical industries

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

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

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

Iran rushes to meet terms of nuclear deal to lift sanctions

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

Iran's Next Challenge: Courting Oil Investors

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

Iran Prepares For First International Marketing Conference

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

Doing Business in Iran, Opportunities and Challenges 2

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

Doing Business in Iran, Opportunities and Challenges 1

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

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

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

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.

Vietnam Eyes Rise in Trade Ties with Iran: MP

TEHRAN (Tasnim) – Vietnamese Head of Vietnam-Iran parliamentary friendship group voiced the Southeast Asian country’s keenness for expanding trade ties with Iran.

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.

UK trade delegation to visit Iran in October.

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

The first Microsoft Store in Iran has reportedly opened in Tehran

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

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.

ITUDS to lure foreign investors with €6b of projects

TEHRAN – Some €6 billion of projects will be offered to foreign investors at the first Iran Transportation and Urban Development Summit (ITUDS), which will be held from October 3-4 in Tehran.

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.

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.

100 Czech firms eager to invest in Iran

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

Iran Could Become Major Supplier of Natural Gas to EU

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

UAE banks to gain from open Iran

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

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

Austrian president says seeks to build bridges in Iran Read more: http://www.businessinsider.com/r-austrian-president-says-seeks-to-build-bridges-in

VIENNA (Reuters) - Austrian President Heinz Fischer said he hoped to build bridges with Iran but would not skirt human rights issues as he set off for Tehran on Monday, the first Western head of state to visit the Islamic Republic in more than a deca

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,

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.

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

Italian Firm Says Ready to Invest in Iran’s Hydropower Industry

TEHRAN (Tasnim) – Brulli Energia, a major Italian energy company, has voiced its willingness to invest in Iran’s hydropower development projects, the official website of the Iranian Energy Ministry said.

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.

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

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

Australia Keen to Invest in Iran’s Mine Industry

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

Europe, US may invest in Iran glass industry

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

Iran 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

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 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

Britain's Charlemagne plans Iran investment funds before sanctions lifted

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

Billions up for grabs if nuclear deal opens Iran economy

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

Iranian finance, energy sectors could soar on deal

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

Tehran firm says to launch Iran's first index ETF

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

Iran Stock ETF Aims to Lure Foreigners Amid Nuclear Talks

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

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

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

Western Companies Hope For a Bonanza in Iran

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

Awaiting the gold rush

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

The Way Back to Iran

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

Iran nuclear deal would open last big frontier stock market

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

Iranian investment scene 'improving' as relations thaw

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

Iran's economy moving from bad to less bad

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

Iran Lures Investors Seeing Nuclear Deal Ending Sanctions

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

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

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

Iran Shares Rise a Third Day as Bourse Creates Stability Fund

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

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

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

Sanctions Eased, Iran Gets Feelers From Old Trading Partners

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

Economic advantages

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

Arvand Free Zone

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

Anzali Free Zone

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

Aras Free Zone

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

Chabahar Free Zone

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

Qeshm Free Zone

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

Kish free zone

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

Enforcing Contracts

Below is a detailed summary of the efficiency of contract enforcement.

Trading Across Borders

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

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

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