Malaysian high-ranking delegation to visit Iran
Managing Director of Malaysia External Trade Development Corporation (MATRADE) Dzulkifli Mahmud stressed the need for expansion of economic ties with Iran in post-sanctions era, saying that he is to visit Tehran along with an economic delegation next month. He made the remarks in a seminar on ‘Iran New Commercial Opportunities…
Turkish private sector to contribute to economic projects in Iran
Turkish private sector will contribute to Iranian economic and commercial projects in the post-sanctions era. Private sector envoys, attending a meeting in chamber of commerce and industry of Turkish southwestern provinces, surveyed ways of playing a influential role in expansion of economic and commercial relations with Iran. Commercial consul in…
Iran has established relations with new European banks
After announcement of ‘Implementation Day’ of the nuclear deal in January, Iran has established banking relations with new European banks in Italy and Austria, a senior banking official said here Monday. Hossein Yaqoubi, international affairs’ director at Central Bank of Iran (CBI), told reporters that the Iranian banks are not…
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…
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…
