Iraq ready for Iran’s industrial investment: Minister
Iraqi Minister of Industry and Minerals Mohammed Sahib al-Daraji said legal foundations for joint investment with Iran are available as his Iranian counterpart Mohammad Reza Nematzadeh expressed Tehran’s readiness to contribute to Baghdad’s industrial development plans. ‘We welcome Iranian companies’ participation in the Iraqi market,’ al-Daraji replied to IRNA during…
Let’s get ready to do business with Iran
With other European states leading the pack; we might wonder why our own government is not doing more to ensure that UK plc is better placed to take advantage of business opportunities in Iran. British expert in legal affairs Guy Martin in an article published in Friday edition of the…
Japan’s Hitachi to return to Iran’s gas industry
A senior Iranian official in charge of gas affairs said Japan’s Hitachi company is to resume activities in Iran soon. Hassan Shamshiri said a delegation from the company is to visit Iran to explore a joint venture with an Iranian gas refinery. He said the refinery also used to collaborate…
General Electric Oil &Gas firm willing to develop business with Iran
President and CEO of General Electric Oil & Gas Company Lorenzo Simoneli in a meeting with Deputy Governor of Central Bank of Iran Akbar Komeijani said that the company is willing to develop business with Iran. Simoneli said that GE has activities in many important industrial fields such as oil,…
Japan opens ‘unprecedented’ credit line for Iran
Japanese and Iranian officials reached an agreement which is far beyond any other credit line Japan has ever opened for any foreign country. Japanese delegation led by Mr. Katsuyuki Kawai, Special Advisor to the Prime Minister Shinzo Abe is visiting Iran and has opened a special credit line for Iran….
Deputy FM says new era for investment and technology transfer
Deputy Foreign Minister for Euro-American affairs Majid Takht-e Ravanchi said on Wednesday that following the removal of sanctions, a new era has begun for investment and technology transfer. He was speaking during the opening ceremony of a meeting in Oslo to explore cooperation opportunities between Iran and Norway. Norway boasts…
Iranian banking cards now connected to int’l financial system
An Istanbul-based payments startup said on Tuesday that it signed a deal that smooths the way for companies seeking to follow it into Iran’s dlrs 400 billion economy. Iyzico’s agreement with Tehran-based electronic payments platform PECCO lets its customers process transactions from some 230 million payment cards that until recently…
Renewable energy to generate in Iran
Deputy Head of Renewable Energy Organization of Iran Jaafar Mohammadnejad said on Tuesday that upon the Five-Year Economic, Social and Cultural Development Plan, Iran will produce 5,000 megawatts renewable energy in the next five years. He made the remarks in inauguration ceremony for commissioning six solar power stations with capacity…
Envoy: Russian national tourism office operates to boost tourism
Russian Ambassador to Tehran Levan Dzhagaryan said on Tuesday that Russian tourism office will operate to boost tourism with Iran. He made the remarks at inauguration ceremony for opening Russian National Tourism Office at Russia Embassy in Tehran. He said that Iranian tourists could only visit a limited number of…
Iran welcomes arrival of first Silk Road train
President of Iranian Railways has welcomed arrival of the first cargo train in Iran from China. Iran’s Deputy Minister for Transport, Roads and Urban Development and President of Iranian Railways Mohsen Pour Seyed Aghaei made the welcome remarks in a ceremony held to celebrate the arrival of a cargo train…
