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Major Iraqi Bank Eyes Iran Branch

Rasheed Bank, the second largest bank of Iraq, has requested to open a branch in Iran...

Iran Explores Economic Ties With Belgium, Luxembourg

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

Tehran Tourist Resort to Open by March 2018

Work on Sarzamin-e-Iranian (meaning Land of Iranians), a massive tourist resort 35 kilometers..

Ukraine Seeks Linkup With Iranian Banks

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

European companies flocking into Tehran widen divide with Trump

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

Iran guaranteed $12b foreign investment in 2016

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

Open Iran Business Club

Open Iran Business Club

Sina Bank Links Up With 2 European Peers

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

Iran's Tejarat Bank Opening Branch in Norway

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

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.

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, 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

5 Foreign Banks Licensed by Iran

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

Iran delivers its 1st domestically built catamaran sailboat to Turkey

First Iranian built catamaran sailboat was delivered to Turkey, IRNA reported on Thursday.

Iran Set to Connect With Top Malaysian Banks

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

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

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

Spanish Tourists to Iran Double

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

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.

First VP announces prioritized economic programs

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

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

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.

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.

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.

Recruitment Services

The recruitment services of Open Iran Group is empowered by its partner HNA. HNA enables global enterprises to make their business as efficient and costeffective as possible by providing skillful human resources, counseling and education.

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.

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.

India opens special account in its annual budget for Iranian Chabahar Port

After much dilly dallying, India has started special allocation for development of Chabahar port in Iran in its annual budget. Indian government has allocated $22.5 million for the development of Chabahar port in financial year starting from April th

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

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

BAIEX 2017 to open in Tehran today

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

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.

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

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

International Congress and Exhibition “Hydropower. The Caspian and Central Asia 2017” (15-16 February, Tbilisi, Georgia)

An international congress “Hydropower. The Caspian and Central Asia” takes place 15-16 February in Tbilisi, Georgia, and is a professional platform for high-level participants to discuss key topics to guide the course for hydropower construction and

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

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.

Ukraine to restore financial transactions with Iran

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

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

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

Iran most vibrant economy in MENA during 2017-21: EIU

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

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

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

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

Investment Protection Measures in Iran

I.R. Iran’s Foreign Investment Manual

Open Iran Group/Afarin Law Firm , Services

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

A Review of Iran’ s Employment Law

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

Balancing Opportunities with Practical Business Risks

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

Taxation in Iran

A company is resident in Iran if it’s established under the Iranian Commercial Code, or if it is managed from Iran

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

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

Senior Nalco executives to visit Iran next month

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

Austria to open banks in Iran to help trade

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

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: 17 int'l companies resume Iran shipping operations

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

CBI chief meets Singaporean bankers

Governor of the Central Bank of Iran (CBI) Valiollah Seif held talks with senior officials of Singaporean banks including OCBC, DBS and UOB.

Iran's first LPG cargo arrives in Indonesia

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

Company Services Department

Virtual Offices, Executive Suites, Meeting Rooms and Office Space Solutions

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

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.

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.

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.

Seoul to open euro-based payment system for Iran trade

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

Foreign firms signed investment contracts worth $70b with Iran

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

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 leases five tankers to world oil firms

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

Foreign firms hugely invest in Iran’s oil, gas

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

Major companies expanding presence in Iran’s oil sector

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

Daimler vows to take China off Iran roads

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

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

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

Essar Oil pays $500m to Iran via new channel

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

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.

Indian firms to invest $235m in Chabahar

Goods handled by Chabahar Port will increase from two million tons to eight million tons following an investment of $235 million by Indian firms in the port.

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.

‘Iran next to join emerging power SCO’

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

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”

BP ready to invest in Iranian oilfields

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

Iran launches direct flights to Astrakhan

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

‘Norwegian company after major gas deal with Iran’

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

Events and News Department

Our Events and News Department is uploading news about business in Iran o our website on a daily basis, we are partners in many international events.

Business Advice Department

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

Legal Services Department

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

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

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

Major rise in Germany’s exports to Iran

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

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

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

Who will win over the Iranians?

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

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

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

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.

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

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

Bosch to open business, hire staff in Iran

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

Iran, Norway ink MoU on oil industry cooperation

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

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:

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.

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.

New German delegation due in Tehran

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

Markazi Province hosts 30,000 foreign tourists

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

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 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

India, Iran move to expand energy ties

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

EU banks start re-engaging with Iran

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

First Iran cargo ship docks at Hamburg

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

Iran 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

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

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.

Open Iran Workshop, Biokube

Open Iran Workshop, Biokube

Russia plans ‘green corridors’ for Iran

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

Bank Muscat plans to open branch in Tehran

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

Iran offers ample investment opportunities for Oman

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

Boeing Co. is Finally Open for Business in Iran

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

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

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

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

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

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.

Water & Waste water Projects in Iran

Description: Wastewater treatment plants Rural, small communities and residential complexes Consumption management and installation of intelligent meters Implementation of water supply plans

Iran seeing growing foreign guests after nuclear deal

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

Russian companies gearing up for Iran business

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

Iran tourism industry attracting attentions

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

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

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.

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

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

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

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

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

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

Iranian President Hassan Rouhani in Paris to court investors

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

Iran Is Back in Business

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

Griffon Starts $108 Million Fund to Invest in Iranian Stocks

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

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 says SWIFT now open to 12 more banks

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

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

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

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

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

Petrochemical industry Investment opportunities

Developmental projects with an investment of 40 billion dollars has been set as the goals of the next 5-year Development Plan of Iran

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

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

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)

Investment Opportunities of Hormozgan Province

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

Industrial investment opportunities in Yazd

Always known for the quality of its silk and carpets, Yazd today is one of Iran's industrial centers for textiles. There is also a considerable ceramics and construction materials industry and unique confectionery and jewellery industries.

Anzali Free Zone And Investment Opportunities

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

Colorful Aluminum Sheet Production

Aluminum composite sheet has been one of the most well known materials for house façade. Lightness and reducing building weight are the advantages of it. Besides, modern beauty and some of its unique physical and chemical features have made it an

Shahid rajaee port special economic zone

Taking measures to reduce freights of transporting cargoes to Iranian ports, and expediting the process of loading and unloading cargoes, and reducing the waiting time of vessels to support the economy of the country.

OIBC

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

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

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

OANA steps up activities to enhance role

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

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.

Shohini Sengupta: Buying Iran's bonds

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

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

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

Iran prepares to open up to foreign oil companies

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

Iran’s petchem sector negotiating to open offices abroad

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

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

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

Bernie Sanders open to working with Russia, Iran to combat ISIS

Indianola, Iowa (CNN)Bernie Sanders said Sunday in Iowa that he would support working with Russia and Iran to combat the ISIS, taking a slightly more hawkish stance than he did earlier in his campaign.

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.

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

S. Korea to invest in Iranian airport

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

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.

Japan, Iran agree on investment pact after sanctions end

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

Legal Service

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

Networking

Open Iran organizes events in the filed of Finance, Investment, Insurance and Banking

Business Consultancy

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

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.

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.

Going Global

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

Oil Terminal

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

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

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

Iran rushes to meet terms of nuclear deal to lift sanctions

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

Iran's Next Challenge: Courting Oil Investors

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

Iran Prepares For First International Marketing Conference

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

Doing Business in Iran, Opportunities and Challenges 2

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

Doing Business in Iran, Opportunities and Challenges 1

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

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

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

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

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

Novo Nordisk to build €70m plant in Iran

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

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 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.

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 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.

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

Iran and Pakistan: Back to Business

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

Iran is a once in a lifetime opportunity for brave investors

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

Kish INVEX is being promoted by Middle East Association

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

The biggest myths about doing business with Iran

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

Accor hotels enters Iran and starts its first hotel operation

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

Foreign investors try to tap into Iran

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

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

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

Hedgies ready for business in Iran

Corporate America will lead the next round of deals with Iran

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

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

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

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

Iran deal: Corporate winners from the nuclear agreement

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

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

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

Iran Is About to Open for Busines

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

Iran to open door to oil investment as companies eye return

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

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.

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 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

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

Special Economic Zones

Incentives for investment in Special Economic Zones

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.

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.

Resolving Insolvency

Below is a detailed summary of the strengths and weaknesses in existing insolvency regulations in four areas: commencement of proceedings, management of debtor’s assets, reorganization proceedings and creditor participation.

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.

Paying Taxes

Below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

Protecting Minority Investors

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

Getting Credit

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

Registering Property

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

Getting Electricity

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

Dealing with Construction Permits

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

Starting a Business

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

Kish INVEX 2015

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

Market oriented (pre-) feasibility studies for potential markets

Market oriented (pre-) feasibility studies for potential markets

Finance and Investment Department

The Visa department has gathered all you need to know in one place, so please brows our website and get in touch if you need our services.

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Open Iran Group is the trading name for OPEN IR LTD
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Registered address: 483 Green Lanes, London, England, N13 4BS


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