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Foreign investors to invest in Arvand Free Zone’s water tourism sector

Head of Physical Education Department of Arvand Free Zone said that two foreign investors are to invest in Abadan and Khorramshahr to improve water tourism sector. One of potential capacities of Iranian tourism is sea and beach which is capable for investment and is also attractive. Water tourism is defined…

Iranian expatriates want to invest in Iran: Official

Secretary general of High Council of Iranian Affairs Abroad announced here Tuesday that 700 Iranian nationals living abroad have expressed readiness to make investments in economic projects in the country. Javad Qavam Shahidi made the remarks talking to IRNA in this central Iranian province. Qavam Shahidi along with President Hassan…

Iran, EU issue letter of cooperation in energy sectors

Iran and the European Union (EU) officials have issued a joint statement on cooperation in energy sectors. The statement was issued during the visit of the EU High Representative and Vice-President of the European Commission (HRVP) to Tehran. According to the Iranian foreign ministry, in the statement, the two sides…

Italy to make 4b euro of investment in Iran railway sector

An Italian official said his country is to make four billion euros of investment in the Iranian railway sector. Advisor for the ITINERA S.P.A company for international affairs Pino Arlacchi told IRNA on Sunday that he has signed agreements with two leading Iranian transporation companies. He said the company is…

Italy to join railway construction projects in Iran

A senior official in Islamic Republic of Iran Railways Abbas Nazari said Italy is join two railway construction projects in Iran. Director General of the Organization for International Affairs Abbas Nazari said based on an agreement signed with Italian companies, they are to contribute in construction of flash trains travelling…

CBI governor: Iran’s trade partners return in post-sanctions era

Governor of Central Bank Valiollah Seif underlined that Iran’s trade partners have returned to business with Tehran in the post-sanctions era. ‘The upgrade of Iran’s status at an international level resulted in cooperation with the foreign trade partners in the post-sanctions era,’ Seif said in a Thursday meeting with US…

Italian Premier stresses Tehran, Rome cooperation

Italian Prime Minister Matteo Renzi said Tehran and Rome could increase collaboration in economic areas. He made the remark in a meeting with Iranian businessmen in Iran Chamber of Commerce here on Wednesday. He said Iran and Italy enjoy many common points including desire for establishment of peace. He said…

Iran is Italy’s first priority: Italian trade official

Italy has been the most important trade partner for Iran in Europe in the past (before sanctions era), a senior official at technical committee of Italy’s Confederation of Industrialists (Confindustria) said. Licia Mattioli, member of Confindustria Technical Committee for Internationalization and Foreign Investors, made the remarks at Iran-Italy trade meeting…

Iran, Kazakhstan sign mining agreement

An Iranian company active in export of engineering services and equipment has signed a cooperation deal with Kazakhstan in mining sector. According to the Managing Director of Iran Power and Water Equipment and Services Export Company (SUNIR) Bahman Salehi, the firm has also agreed to form a joint working group…

Austrian bank to insure Austrian investments in Iran

Austrian Oesterreichische Kontroll Bank (OKB) is to insure the Austrian investments in the Islamic Republic of Iran, it was announced on Tuesday. A member of Iran’s Chamber of Commerce, Industries, Mines and Agriculture Naser Riyahi said on Tuesday that four Austrian banks have voiced readiness to enter into the Iranian…