Iran to ship carpets to US ‘directly’ soon

Iran has a total of 40 carpet designs that each belong to a different geographical region. The picture shows a Tabriz carpet which is an important handicraft of a city by the same name in northwestern Iran. Iran says it will start direct exports of its traditional hand-woven carpets to…

Bank Sepah ready to help foreign investors enter Iran market: Official

Iranian bank, Sepah, has expressed readiness to help foreign entities, that following the removal of West’s sanctions on the country, are interested in investing in the Islamic Republic’s stock market. The Sepah Bank is ready to absorb foreign companies interested in investing in Iran’s commodities, energy and bonds stock market,…

Iran, Australia ink two aviation agreements

Iran and Australian have inked two agreements for aviation and air transportation cooperation. Officials at Iran Civil Aviation Organization and at Australia’s Department of Infrastructure and Regional Development were present in the inking ceremony in Canberra, Australia.

Three foreigner banks opening office in Iran

The Central Bank of Iran building is pictured in Tehran, Jan. 23, 2006. (Photo by Reuters) Three foreign banks are in the process of opening branches in Iran, the country’s vice central bank governor says.  This is good news for Iran which is still facing a drought of outside investment…

Belgian banks ready to finance Iran’s projects

Minister-President of Flanders Geert Bourgeois announced that despite some problems remaining in financial cooperation and investment in Iran, two Belgian banks expressed readiness in this regard. Bourgeois said that no contract has yet been inked between the countries but it is hoped that trade ties will be sustainable and long-term….

Spanish investors keen for Iranshahr-Chabahar gas transit pipeline

Spanish investors are keen to take part in the project of gas transit pipeline from Iranshahr to Chabahar in southeastern of the country. In a meeting with the Director General of the Chabahar Free Trade Zone Abdolrahim Kordi Monday night, the Spanish delegation expressed interest in implementing the project. The…

Ukraine keen on banking cooperation with Iran

Development of banking cooperation with Iran is on the agenda of Ukraine government, Deputy Minister of foreign Affairs of Ukraine Sergey Kislitsa said on Friday. He made the remarks in a meeting with visiting Iran’s Deputy Foreign Minister for Asia-Pacific Affairs Ebrahim Rahimpour. The Iranian deputy foreign minister for his…

Singaporean businessmen urged to invest in Iran

Iranian Ambassador to Singapore Javed Ansari says conditions in Iran after the removal of sanctiosn are fovourable and the opportunities for trade are unending. Addressing the 1st Iran Investment Summit held in Singapore on Wednesday, the amabssador said Iran is the 29th largest economy globally with huge reseves of gas…

Iran inks MoU on re-insurance services with German and Swiss firms

Export Guarantee Fund of Iran (EGFI) signed MoU with Hermes Insurance Firm of Germany and Swiss Export Risk Insurance SERV of Switzerland on re-insurance services to Iranian exports. The MoU was signed on the sidelines of the Berne Union Meeting which is underway in Lisbon, Portugal. The agreement envisaged cooperation…

Iranian major bank out of UK asset freeze list

Britain’s Ministry of Finance has removed Bank Saderat Iran (BSI) and Bank Saderat PLC, the UK branch of BSI, from the list of sanctions. In a statement released on Monday, the ministry said that Council Regulating (EU) 267/2012 (‘the Regulation’) imposing financial sanctions against Iran has amended so that an…