Frankfurt hosts Iran investment confab
A high-profile conference has started in Germany’s Frankfurt to look into the prospects for investments in the Iranian economy. Dubbed ‘Business Forum Iran-Europe’, the two-day conference is to explore business opportunities in post-sanction Iran. High-ranking delegations, comprised of senior Iranian government officials such as the head of the Central Bank…
50 Portuguese firms eying investment in Iran
Fifty Portuguese firms are seeking investment opportunities in Iran, said Paulo Nunes de Almeida, the president of Associacao Empresarial de Portugal (Portuguese Entrepreneurial Association). If involvement of 50 Portuguese firms with the Iranian market turns out to be successful and profitable, strengthened trade between the two countries will be expected,…
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. At the moment, the Iranian economy is weighed down by severe sanctions because of the country’s nuclear programme,…
Iran lines up 25 billion Dollar energy investment
Iran has put together a package for $25 billion of investment in its booming power industry which is key to the country’s economic recovery, head of Iran Power Transmission, Generation and Distribution Company (Tavanir) says. “Iran’s power industry is facing an average growth of 5% (in energy demands) a year…
Now 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. The announcement was made by Rouhollah Estiri, the director general for international business affairs of the Directorate for Science and Technology Affairs…
Tehran investment opportunity seminar starts
First International Seminar on Introducing the Economic Development and Investment Opportunities of Tehran Province started work here Monday. President of Organization for Investment, Economic and Technical Assistance of Iran Mohammad Khazaee and a number of economic officials are present in today Tehran seminar. Forty great economic projects are to be…
Number of Iran oil buyres will increase
After the July 14 nuclear agreement, traditional buyers of Iran’s oil have expressed willingness to resume purchasing the Iranian oil, deputy oil minister for international affairs said. As the time of removal of sanctions is approaching, different countries from Europe, Asia and Africa have expressed readiness to import oil from…
Exports of handicrafts hit $565,000
Over $565,000 worth of handicrafts have been exported abroad from the northeastern province of Khorasan Razavi during the first half of the current Iranian calendar year (started on March 21, 2015), a provincial official said on Sunday. Deputy head of Khorasan Razavi Cultural Heritage, Tourism and Handicrafts Department for traditional…
Iran to export gas to China
After the gas exports pipeline project to Pakistan was completed, Iran would export its gas to south of China through that pipeline. senior oil official announced. Managing Director of the National Iranian Gas Company Hamid Reza Araqi made the announcement talking to IRNA. Due grounds will be prepared for exporting…
Iran, Russia to sign investment deal during Putin visit to Tehran
Minister of Communications and Information Technology Mahmoud Vaezi said on Friday that Iran-Russia investment guarantee document will be signed during the upcoming visit of President Putin to Tehran. He made the remarks during 12th meeting of joint economic commission in Moscow. Vaezi said that during the upcoming visit of Vladimir…
