Iran, Austria ink 2bn euro deals for cooperation

Iranian and Austrian private sectors will work on seven contracts, worth two billion euros,dealing with a number of agricultural and development projects. Member of the Board of Representatives of Tehran Chamber of Commerce, Industries, Mines and Agriculture Hamid-Reza Salehi said the projects will also cover railway transportation, auto spare part…

Austrian chamber of commerce chairman encourages investment in Iran

President of Austrian Chamber of Commerce Christophe Leitl in an interview with Austrian Daily Kleine Zeitung encouraged the European companies investment in Iran in peace of mind. He told the paper on Saturday that sanctions on Iran were removed, creating opportunity which should be used by the European firms to…

Iran joins Int’l Organization of Securities Commission

Iran has joined the International Organization of Securities Commissions (IOSCO). In a letter to Securities and Exchange Organization (SEO) of Iran, the international organization announced that the country will be a member of the body as of March 29. The letter also invited Iran to take part in the board…

Iran stock market membership in IOSCO becomes final

Chairman of Securities and Exchange Organization of Iran Mohammad Fetanat said on Saturday that Iran’s membership status in International Organization of Securities Commissions (IOSCO) became final. Fetanat said that Iran’s capital market, with longstanding activities in the field of stock exchange, is to become member of the IOSCO for the…

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…