Kuwaiti banks ready for cooperation with Iran in post-sanction era
Kuwaiti banks and businesses are ready for resuming cooperation with Iranian banks, Kuwaiti daily al-Rai said on Tuesday. The daily wrote that resumption of banking operation with Iran does not need a go-ahead of Kuwait Central Bank following cancellation of US and European sanctions. It said that Iran was under…
Maku, gateway to foreign capital transfer to Iran
Iran’s Consul General in Trabzon, Turkey, Reza Baghban-Kondori said that Iran’s Maku City, benefitting from being the region’s largest free trade and industrial zone, can become the gateway to foreign capital’s entry into Iran. The Iranian diplomat made the comments during a one-day visit of the Maku Free Zone (MFZ)…
Lifting of sanctions paves way for broader ties with Hungary
Economic Attaché of Iranian Embassy in Budapest said on Saturday Hungarian officials believe that lifting of sanctions on Iran paved way for comprehensive cooperation between the two countries. Esmaeil Ebrahimzadeh said in an interview with IRNA in Belgrade that frequenting of the two countries’ officials had begun before the implementation…
Iran, US hold talks on direct flights
Farhad Parvaresh, Chairman and Managing Director of Iran Air, referred to the resumption of refueling at airports in Western Europe following the lifting of international sanctions. He maintained “previously, Iran Air was forced to load enough fuel to cover the outbound as well as part of the inbound sector of…
Foreign companies invited to invest in Iran aviation industry
Minister of Roads and Urban Development Abbas Akhundi invited all foreign investors, except the companies affiliated to the Zionist regime, to make investment in Iran’s aviation industry. Akhundi made the remarks in the Iran Aviation Summit 2016 currently underway in Tehran. He added that Iran is located in a strategic…
Official: Iran, Poland need to set up joint trade data bank
Iran, Poland need to set up joint trade data bank Karaj, Jan 24, IRNA – Iran and Poland need to set up joint trade data bank to promote trade and commercial cooperation, head of Chamber of Commerce, Industry, Mines and Agriculture of Alborz Province Rahim Bana-Moulaei said on Sunday. He…
World Economic Forum wraps up in Davos with oil prices, Iran in limelight
The 46th World Economic Forum (WEF) has wrapped up in the Swiss ski resort of Davos. Some 2,500 participants from some 100 countries, including the leaders of 40 states, gathered in Davos to discuss the most urgent international issues, including falling oil prices, anti-Russia sanctions and the prospect of Iran’s…
Foreign investors to develop IKIA
Abbas Ahmad Akhoundi, Iranian Minister of Roads and Urban Development, said at a press conference on Sunday morning that “one foreign company has expressed willingness to undertake expansion of IKIA while more details will be announced upon signing of a contract.” Referring to the country’s aircraft demand, Akhoundi asserted “we…
Iran Aviation Summit 2016 opens in Tehran
Iran Aviation Summit 2016 dubbed ‘Iran 2016’ opened here on Sunday in the presence of several representatives from 35 countries. Over 160 representatives from 85 companies in the fields of manufacturing airplanes, planes spare parts, and navigation equipment are attending the two-day gathering. This will be the first major international…
