‘Smart money’ moving towards Iranian capital market: IFB CEO

To reach an average 8 percent economic growth during the next five-year period, according to decree of the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei, and following withdrawal of the financial embargo in January, the Iranian administration is shifting from a bank-based financial system into a more market-based one…

Iranian aviation industry sanctions were catastrophic

Executive chief of Center for Asia-Pacific Aviation (CAPA) said on Friday Iranian aviation industry sanctions were inhumane and a catastrophic tragedy, expressing hope that world nations will never again witness the occurrence of such illogical events. ‘World aviation industry’s relations with Iran were restored after many years of sanctions with…

Iran to attract $28b foreign investments in electricity projects

Energy Minister Hamid Chitchian said here on Thursday that Iran has planned to attract foreign investments, worth $28 billion, in electricity projects in the next few years. Talking to IRNA, Chitchian said some 47,000 to 50,000 MW of electricity should be added to the country’s electricity generation capacity within 10…

Foreign Investment in IRAN

The government of I.R. Iran welcomes Foreign Investment in IRAN and urges all the foreign investors to attentively peruse Iran’s Foreign Investment Promotion and Protection Act (FIPPA) and its executive bylaws to know their own rights and be informed of the facilities and protections they may enjoy as well as…