Talks Underway between Visa, Master Card Iran banks
Negotiations with big credit card issuers, namely Visa and Master Card, are underway to introduce their cards to Iran’s market, the CEO of Shaparak payment and settlement network said on Wednesday. Mohsen Qaderi, however, added that the process could take a long time. “The success of the talks hinges on…
Speaker foresees bright future, economic prosperity for Iran
Parliament (Majlis) Speaker Ali Larijani said Iran has a promising prospect adding that Supreme Leader’s guidelines have depicted an appropriate path for the country’s development. Speaking at a local gathering in his northern hometown Amol, Mazandaran Province, on Tuesday, he supported naming of the new Iranian year (started 20 March)…
Germans are interested to set joint investment in Iran
A high ranking official with EFiS EDI Finance Service AG said German economic circles want speedy connection of Iranian Banks to SWIFT so that German companies can set joint investment with Iran. Armin Gerhardt told journals that companies like Volkswagen and Siemens are interested in Iranian Banks’ connection to Society…
12-fold rise in foreign dealings in Iranian capital market
Managing Director of the Central Securities Depository and Settlement Company (SAMAT) Mohammad-Reza Mohseni said on Monday that 12-fold growth was observed in foreign dealings in the past two months. Capital Market (SANA) Website quoted Mohseni as saying that 250,000 people bought houses through the capital market last year. He said…
Iran, Pakistan mull grounds for trade, investment
Iranian and Pakistani businessmen and economic activists in a joint meeting here on Friday discussed the grounds for bilateral trade and mutual investment. Head of Iran’s Chamber of Commerce and Industry Mohsen Jalalpour and Head of Pakistan Investment Council Meftah Esmaeil were co-chairing the meeting. Iran’s embassy economic attaché Mustafa…
Iran, Pakistan businessmen meet in joint forum
Iranian and Pakistani businessmen from both public and private sectors came together here on Saturday at a joint meeting attended by the Pakistani Prime Minister and the Iranian President who is on the second day of his visit to Pakistan. Welcoming President Hassan Rouhani and Muhammad Nawaz Sharif and other…
Iran, Ivory Coast underline development of economic ties
Iran’s Ambassador to Abidjan Mansour Shakibmehr in a meeting with Head of Customs House of Ivory Coast Colonel Major Issa Coulibaly underlined necessity to develop economic ties and cooperation between customs houses of the two countries. Considering that Abidjan is the second largest port in Africa and a great deal…
Iran, Pakistan mull grounds for trade, investment
Iranian and Pakistani businessmen and economic activists in a joint meeting here on Friday discussed the grounds for bilateral trade and mutual investment. Head of Iran’s Chamber of Commerce and Industry Mohsen Jalalpour and Head of Pakistan Investment Council Meftah Esmaeil were co-chairing the meeting. Iran’s embassy economic attaché Mustafa…
Greek min.: No impediment to expansion of Iran-Greece relations
Greek Minister of Shipping, Maritime Affairs and the Aegean, Theodoros Dritsas, on Thursday announced that his country wants all-out expansion of relations with Iran, considering no impediment on the way. Dritsas told Iran’s Ambassador to Greece Majid Motalebi Shabestari that there are abundant capacity for cooperation between the two countries…
Iraq seeking Iran’s non-oil economy feats
Chairman of Iran’s Strategic Council on Foreign Relations (SCFR) Kamal Kharrazi met Iraqi Vice Speaker Humam Hamoudi during which the senior MP expressed interest in Tehran’s achievements in cutting dependence on oil revenues. Hamoudi welcomed Iran’s experience in managing the non-oil economy saying Iraq is after substitution oil revenues with…
