Iran to resume export of hand-woven carpets to US
Head of Iran National Carpet Center Hamid Karegar says the Islamic Republic will resume export of its hand-woven carpets to US in near future. Talking to IRNA, Karegar reiterated that the US Congress halted the imports of Iranian carpet in 2010. ‘Before imposing of sanctions on Iran, the US markets…
Tehran Stock Exchange sets new record
Tehran Stock Exchange (TSE) main index, TEPIX, registered a new record on Saturday. The TSE’s ongoing surge continued on Saturday as the TEPIX jumped 406 units , standing at 74,090 in the early morning hours. In the wake of the imminent implementation of a recent nuclear deal between Tehran and…
British economic delegations on their way to Iran
Cyrus Mehdizadeh, the Director of the British Iranian Chamber of Commerce, while emphasizing the urgency of the removal of banking obstacles, stated that the British enterprises are eagerly anticipating collaboration with Iran, and during the next few months. IRNA reports in an interview with Mehdizadeh, who accompanied the Iranian Foreign…
Iran, Japan sign second economic MoU
Iranian Economy Minister Ali Tayyebnia and his Japanese counterpart Motoo Hayashi signed a memorandum of understanding (MoU) in Tokyo on Friday to implement economic projects worth $10 billion. According to the MoU, the financial facilities will be given to the projects that will be implemented in Iran with the participation…
Tokyo, Tehran to sign investment deal – Japanese FM
Japan and Iran will sign a bilateral investment agreement later on Friday, as the sanctions against Tehran have been lifted, Japanese Foreign Minister Fumio Kishida told a press conference in Tokyo on Friday. A preliminary agreement on the issue was reached between the sides in October 2015, during Kishida’s visit…
Iran, Japan sign Investment Agreement
Iranian economy minister and Japan’s foreign minister hours ago on Friday evening in an official ceremony sign the Japan-Iran Investment Agreement. Iran’s Minister of Economy and Treasure and Japan’s Foreign Minister Fumio Kishida signed the agreement which reiterates both governments’ agreement to support each other’s investments in the other country….
Iran aims to attract 20mn tourists annually by 2015
Vice-President and Head of Cultural Heritage, Handicrafts and Tourism Organization Masoud Soltanifar said on Thursday that Iran has plans for attracting 20 million tourists annually by the end of its 20-year Vision Plan (2015). Speaking to reporters, Soltanifar said that Iran’s tourism offices will be launched soon in 40 countries….
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. RBI is in “intensive talks” with Iranian banks as Tehran is rejoining the international banking system,…
German MKM to invest €1b in Iran’s copper industry
Germany’s copper producing company Mansfelder Kupfer und Messing GmbH (MKM) signed a memorandum of understanding, worth €1 billion, to invest in a number of mineral projects including the ones in downstream copper industries in Iran. The MOU was signed on Tuesday with the National Iranian Copper Industries Company (NICICO), according…
European insurance offices ready for presence in Iran market
Head of the Central Bank of Iran Mohammad-Ebrahim Amin said on Tuesday that European insurance houses are ready to be present in Iranian market. Amin told a press conference on Tuesday that in the post-JCPOA era, cooperation between Iranian and foreign insurance companies will be possible and any decision for…
