Austrian companies ready for investment in Iranian economic sector

The Commercial Counselor at the Austrian Embassy in Tehran Georg Weingartner says Austrian companies are eager to invest and have economic activity in Iran and Kish Island. Weingartner, who is on a visit to Kish Island along with a delegation from the Commercial Section of Austrian Embassy, told the investment…

Three Iranian banks to open branches in Munich

Three Iranian banks have told Bavaria’s economy minister that they plan to open branches in Munich to help stimulate more business ties with German firms, the Muenchner Merkur newspaper reported on Sunday. Middle East Bank, Parsian Bank and Sina Bank have received approval from Iran’s central bank to set up…

Iran, Cuba stress promotion of economic cooperation

Iranian Foreign Minister Mohammad Javad Zarif and Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca Diaz stressed promotion of economic cooperation between the two countries. Zarif and Diaz in a meeting on Monday evening discussed ways of development of cooperation between Tehran and Havana in fields of energy, banking,…

Turkey to build hotels in 10 Iranian cities

Turkish tourism investment firm decided to build up to 10 four- and five-star hotels in different Iranian cities, including Ahvaz, in the next two months, Turkish tourist resort executive said on Wednesday. He made the remrks in a meeting with Iranian Vice-President and head of the Cultural Heritage, Handicrafts and…