SWIFT open to four more Iranian banks
Iran’s media reported on Thursday that four more of the country’s banks have been reconnected to SWIFT, the global provider of secure financial messaging services. The banks are all the foreign branches of key Iranian banks. They include the Yerevan branch of Bank Mellat, the Dushanbe branch of Tejarat Bank…
What Investors Need to Know About Entering Iran’s Stock Market
As financial sanctions are eased against Iran, foreigners can enter a bourse in Tehran with almost as many listed companies as Istanbul. Inflows may reach as much as $1 billion after six to eight months, estimated Reza Soltanzadeh, a founding partner at ACL Assets Management, an investment firm that focuses on Iran….
EU and US poised to lift Iranian sanctions this weekend
Reconnecting Tehran to the global economy set to have huge ramifications for the global economy, especially the oil market The Iranian capital, Tehran, at sunrise. Photograph: Alamy The European Union and US are expected to formally lift sanctions against Iran this weekend, dismantling an intricate network of punitive measures…
US media: Iran to receive major economic windfall as nuclear deal begins
A US online newspaper predicted huge blossoming for the Iranian economy in the wake of removal of sanctions. The Washington Free Beacon wrote “Iran’s economy is set to receive a substantial boost in the next two years as a result of billions in sanctions relief from the nuclear deal, according…
