Tehran, Muscat to launch automotive manufacturing plant
Iran’s Charge d’Affairs in Oman, Mohammad Totonchi, said Iran and Oman are in talks to launch and establish an auto manufacturing plant in this southern Persian Gulf country. Speaking to the media on Thursday, Totonchi said Iran is to build an auto manufacturing plant in al-Duqm economic zone of Oman….
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…
Tehran, Paris stress expansion of trade, industrial ties
TEHRAN- Iranian Minister of Industry, Mining and Trade Mohammadreza Nematzadeh and French Minister of Finance Michel Sapin in a meeting on Saturday emphasized expansion of trade and industrial relations between the two countries, Shata news reported. In the meeting, which was held in the French capital following Iranian minister’s visit to…
Russian banks race to front of queue to enter Iran’s banking sector
Russian banks are striving to be the first in line after the partial lifting of sanctions against Iran, Russian newspaper Izvestiya reported on Wednesday. In January the U.S. and EU announced the lifting of all economic and financial sanctions against the Islamic Republic associated with its nuclear program, enabling Tehran to access previously frozen assets, use international financial messaging services…
Tehran, Athens underscore developing cooperation
Promotion of Iran-Greece economic cooperation was discussed in a meeting on Tuesday by visiting Deputy Foreign Minister of Iran Majid Takht-Ravanchi and Greek Minister of Economy, Development and Tourism Giorgos Stathakis. Takht-Ravanchi is currently in Athens for an official visit upon an invitation by Stathakis. Addressing a meeting of the…
Tehran, Seoul to ink MoUs on oil, gas, petrochemical cooperation
Tehran and Seoul will sign a comprehensive memorandum of understanding (MoU) to boost oil exports and invest in LNG, refinery and petrochemical industry during South Korean president’s visit to Iran. President Park Geun-hye arrived in Tehran Sunday for first time to open new chapter in the two countries’ economic cooperation,…
Ban-free Iran smashes regional equations
Ever since the victory of the Iranian Revolution in 1979, Tehran’s regional rivals, which happen to be seeking to dominate the global oil market, never relented to tense up their siege of Iran by targeting Iran’s export routs and energy links with the world; but the nuclear deal smashed all…
What Investors Need to Know About Entering Iran’s Stock Market
As financial sanctions are eased against Iran, foreigners can enter a bourse in Tehran with almost as many listed companies as Istanbul. Inflows may reach as much as $1 billion after six to eight months, estimated Reza Soltanzadeh, a founding partner at ACL Assets Management, an investment firm that focuses on Iran….
Invest in Tourism Services Integrated system (Opportunity in IRAN)
Iran Tourism Market International tourism has been increasing at about 15% each year for the last 2 years in Iran, bringing the total number of visitors just above 5 million per year and the number is expected to be increasing 25%+ annually as the sanctions have just been lifted and…
