Iranian, foreign investors invited for joint venture in petchem

Managing Director of Persian Gulf Petrochemical Industries Company (PGPIC) Adel Nejad-Salim on Tuesday invited Iranian and foreign investors for joint venture cooperation to carry out petrochemical projects. Nejad-Salim extended the invitation at the 2nd Iranian Petroleum and Energy Club Congress & Exhibition (IEPC 2016) in Tehran on Tuesday. He said…

France’s PSA, Iran’s SAIPA seal JV deal

Carlos Tavares, PSA chairman, (second sitting person from right) and Mehdi Jamali, the managing director of SAIPA (third sitting person from right) at a ceremony to sign a joint-venture deal between the two companies. Iran’s major automaker SAIPA and France’s PSA Group have announced a deal to launch a joint-venture…

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…

Iran, Germany to establish joint venture shipping lines

The Islamic Republic of Iran Shipping Lines (IRISL) and German shipping company PWL signed on Monday a memorandum of understanding on setting up joint venture shipping lines. According to IRISL public relations department, the MoU was signed during the recent visit of IRISL managing director to Hamburg, in Germany and…

Iran, Slovenia to carry joint venture water, electricity project

Visiting Slovenian Minister of Economic Development and Technology Zdravko Pocivalsek conferred on Sunday with Minister of Energy Hamid Chitchian on ways to carry out joint venture projects in the energy sector. Chitchian invited the Slovenian companies to cooperate in financing the water and electricity projects in the Islamic Republic of…

Turkey’s Unlu plans brokerage in Iran

On December 30, 2015, Posted by , In News, By ,, , With No Comments

Interest is building up in the Iranian stock market. Turkey’s brokerage and advisory firm Unlu Yatirim says it is in talks with an Iranian company for a joint venture in the country which is opening to business with imminent removal of sanctions.  The Istanbul-based firm will offer brokerage services in…

Foreign Investment in IRAN

The government of I.R. Iran welcomes Foreign Investment in IRAN and urges all the foreign investors to attentively peruse Iran’s Foreign Investment Promotion and Protection Act (FIPPA) and its executive bylaws to know their own rights and be informed of the facilities and protections they may enjoy as well as…