open-iran
 
Sina Bank Links Up With 2 European Peers

Iranian private bank Sina has opened accounts in the Spanish Ares Bank and Italian Banca...

Iran's Tejarat Bank Opening Branch in Norway

Tejarat Bank is to open a branch in Norway as Iran's banking ties with Norway gathers pace

Splitting of ministries; another trial and error?

With President Hassan Rouhani’s first tenure coming to an end, the administration has taken a decision for splitting three ministries in a bid to make them smaller and swifter.

Iran’s annual GDP growth at 12.5%: CBI

Iran's growth of gross domestic product (GDP), including oil sector, hit 12.5 percent in the previous Iranian calendar year 1395 (ended on March 20, 2017), the Central Bank of Iran (CBI) reported.

28 semi-governmental companies to be privatized

The Ministry of Finance and Economic Affairs has listed 28 semi-governmental companies that will be privatized by the current Iranian yearend (March 20, 2018).

Iran Says $13b Korean Finance On the Way

Iranian Economy Minister confirmed reports of an imminent South Korean $13b credit line for Iranian projects

Ayandeh Bank Financing SMEs

Ayandeh Bank is set to provide 3 trillion rials ($80 million) in loans to small- and medium-sized...

Iran FTZs Attracted $3b Since 2013

Some $3 billion worth of investments has been made in Iranian free trade zones since...

Rail development on track despite inefficiencies

The development of railway sector is one of the macro policies of the Iranian government as it has been emphasized by the general policies of the Sixth Five-Year National Development Plan (2016-2021).

22 Iranian Banks Link Up With Oberbank

The central banks of Iran and Austria have closer relations while Iranian banks have established 22 correspondent relations only with Oberbank

Austrian Bank Opens €1b Credit Line for Iran

Oberbank, one of Austria's biggest banks, has allocated a €1 billion line of credit to finance projects in Iran

Tehran, Vienna seek deeper economic ties

Iranian Finance Minister Ali Tayyebnia and Industry Minister Mohammadreza Nematzadeh in separate meetings with Austria’s Federal Minister of Finance Hans Jörg Schelling on Saturday and Sunday sought avenues for increasing economic and banking ties b

Billion-dollar Qatari food market on tap

The Saudi-led severing of diplomatic ties with Qatar has provided a unique opportunity for Iran to tap into the billion-dollar food market of its Persian Gulf neighbor.

Upbeat Prospects for Iran-Australia Ties

Recent improvements in the Iranian banking system such as the adoption of Financial Action Task...

Iran’s GDP growth estimated at 4% in 2017: WB

In its latest report, the World Bank (WB) predicted a four-percent growth for Iran’s gross domestic product (GDP) in 2017.

Free trade agreement discussed between Iran, Eurasian Economic Commission

Mahmoud Vaezi, Iran's minister of communications and information technology who is also the chairman of Iran-Russia Joint Economic Committee, and Veronika Nikishina, member of the board and also minister for trade of the Eurasian Economic Commission

Tehran, Yerevan sign MOU on expansion of trade ties

Iran and Armenian inked a memorandum of understanding (MOU) on the expansion of mutual trade relations, Iran’s Trade Promotion Organization (TPO) announced.

Iran's non-oil GDP growth stands at 4.6% in autumn

The latest report released by the Central Bank of Iran shows the country’s non-oil gross domestic product grew by 4.6 percent during the autumn last year.

EEU Closer to Free Trade Deal With Iran

The Moscow-led Eurasian Economic Union aims to finalize a free trade deal with Iran by the...

Iran’s Long Economic Journey

The landslide reelection of Iran’s president, Hassan Rouhani, reflects the by

First VP announces prioritized economic programs

Iran’s First Vice-President Es’haq Jahangiri has tasked the Ministry of Finance and Economic Affairs with implementing 14 prioritized programs by the end of the current Iranian calendar year (March 20, 2018).

OPEC meeting: another winning chance for Iran

As one of the key players in the world’s political and economic turnovers, oil market has been witnessing lots of ups and downs in recent years.

EAEU, Iran agree on consultation co-op: Putin

Eurasian Economic Union (EAEU) and Iran have agreed to launch consultation cooperation, Russian President Vladimir Putin said on Monday.

Tehran to host 1st Iran-Latin America mining co-op meeting on Monday

The first Iran-Latin American countries joint meeting on cooperation opportunities in mining sector is due to be held in Tehran on Monday, IRNA reported.

Iran welcomes China’s new Silk Road initiative

Iranian Minister of Finance and Economic Affairs Ali Tayyebnia has welcomed the idea of reviving the Silk Road proposed by China, underlining that the plan will fortify ties and solidarity among countries along the ancient road.

Iran, EU to broaden agricultural cooperation

In their first joint meeting with officials of Iranian Agriculture Ministry in Tehran, the visiting members of the European Parliament's Committee on Agriculture and Rural Development (AGRI) voiced readiness for transferring new technologies and inn

IPF to bring world of petrochemicals together

The 13th edition of Iran Petrochemical Forum (IPF) will play host to 101 participants, representing 74 foreign companies from 18 countries.

Foreign investment in Iran’s capital market surged under Rouhani

Foreign investment in the Iranian capital market has witnessed a sharp rise since President Hassan Rouhani took office in August 2013, IRNA quoted Finance and Economic Affairs Minister Ali Tayyebnia as saying.

Bank loans to economic sectors rise 40% to $133b

The governor of the Central Bank of Iran (CBI) Valiollah Seif announced on Wednesday that banking loans paid to various Iranian economic sectors witness a 40-percent rise in the past Iranian calendar Year 1395 (ended March 20, 2017), as compared to t

Foreign investment in Iran hits $12b annually: fin. min.

Iran attracted $12 billion in foreign investment during the past Iranian calendar year (ended on March 20), ISNA quoted Finance and Economic Affairs Minister Ali Tayyebnia as saying.

Investors from 37 countries active in Iran’s capital market

Investors from 37 countries are currently active in Iran’s capital market, ISNA reported.

Iran-China economic co-op seminar to be held next week

An Iran-China economic cooperation seminar is due to be held on April 5, IRNA cited Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA)'s public relations office.

Infrastructures prepared for Iran-Russia all-out economic ties

Iranian Communications and Information Technology Minister Mahmoud Vaezi in a Monday meeting with Russian Energy Minister Alexander Novak in Moscow announced that the required infrastructure to expand all-out economic ties between the two countries

Iran’s GDP growth forecast to rebound in 2016/17: IMF

The International Monetary Fund has forecasted that Iran’s real GDP growth is expected to rebound to 6.6 percent in 2016/17.

Tehran, Kiev ink MOU to expand economic ties

Iran and Ukraine signed a memorandum of understanding at the end of the sixth Iran-Ukraine Joint Economic Committee meeting on Friday to give a boost to bilateral ties.

Iran, Slovakia join hands to boost economic ties

Attended by senior officials and company representatives, an Iran-Slovakia business forum was held at Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) on Tuesday.

Banque de France to finance Iran-France projects: French fin. min.

The central Bank of France, Banque de France, is working on plans to issue direct loans for companies that want to invest in Iran, French Finance Minister Michel Sapin told reporters at Iran’s Ministry of Finance and Economic Affairs in a joint pres

Iran eyeing newly industrialized country target

Iran has the capacity to become a newly industrialized country (NIC) in the next calendar year, starting March 21, Industry, Mining and Trade Minister Mohammadreza Nematzadeh said on Wednesday.

Russia says in talks over Iranian oil purchases

Russia has been in talks of buying oil from Iran, Energy Minister Alexander Novak said on Monday, confirming earlier reports.

By: Rebecca Meijlink* Iran means business

A team at International Research Networks (IRN) organised an excellent Iran Business Symposium on Feb. 21+23, 2017, at the Renaissance Hotel in Amsterdam. It was attended by Switzerland, Germany, Turkey, Italy, and many other EU countries and beyond.

Tehran, Jakarta ink MOU on banking co-op

Iran and Indonesia’s central banks signed a memorandum of understanding on Monday to expand banking cooperation, Central Bank of Iran (CBI)’s Public Relations Department reported.

Post-sanction Iranian economy shows ‘impressive recovery’: IMF

The Iranian economy has had an “impressive recovery” following sanctions relief last year, the International Monetary Fund (IMF) said.

Meeting of ECO senior officials kicks off on Sunday

Economic Cooperation Organization (ECO)’s senior officials’ meeting (SOM) with Pakistani Foreign Secretary Aizaz Ahmad Chaudhry in the chair, started operation in Islamabad on Sunday to discuss improvement of cooperation and trade linkage among the

New Zealand’s economic delegation due in Iran on Saturday

An economic delegation from New Zealand to be led by the country’s Minister for Primary Industries Hon Nathan Guy will arrive in Tehran on Saturday to discuss reinforcing ties with Iran in agricultural domains especially in dairy sector, Iran's Amba

WB: Policy uncertainty threatens trade growth

Political uncertainty is slowing trade growth, a World Bank (WB) report concluded, indicating that the rise of Donald Trump may already be casting a shadow over the global economy.

Laying of Iran-Oman-India pipeline imminent: SAGE

An official with New Delhi-based South Asia Gas Enterprise Pvt. Ltd. (SAGE) said that the implementation of the project to lay an undersea gas pipeline for exporting Iran's gas via Oman Sea and Indian Ocean to India is imminent.

Tehran, Belgrade stress energy, mining co-op

Iran’s ambassador to Serbia Hossein Molla-Abdollahi and Serbian Minister of Energy and Mining Aleksandar Antic in a Friday meeting in Belgrade underscored both countries’ interest in developing common mining and energy bonds, IRNA reported on Saturda

Russian deputy PM due in Tehran to negotiate Iran-EAEU FTZ

Russian First Deputy Prime Minister Igor Shuvalov will be in Tehran on February 21 to negotiate the creation of a free trade zone (FTZ) between Iran and the Eurasian Economic Union (EAEU).

Tehran, Seoul sign MOU on tax co-op

South Korea's National Tax Service (NTS) Commissioner Lim Hwan-soo and Head of Iran's National Tax Administration (INTA) Seyyed Kamel Taghavinejad signed an MOU on bilateral tax administrative cooperation in Tehran, the portal of INTA reported.

Indonesia, Iran pledge to improve cooperation

Iran celebrated its 38th anniversary of the victory of the Islamic Revolution of 1979 by rejoicing in what it called a new era of Iranian development, following the lifting of unilateral sanctions against the Persian Gulf power.

Hungarian bank opens €85m credit line for Iran

The Hungarian Export-Import Bank (Exim Bank) has opened an 85-million-euro credit line to enhance bilateral trade with Iran, Tasnim news agency reported on Friday.

Malaysian trade delegation to arrive in Iran tomorrow

Leading a 25-member trade delegation, Malaysia’s Minister of Plantation Industries and Commodities Mah Siew Keong will arrive in Tehran on Sunday to confer on developing bilateral ties, IRNA reported on Friday.

Iran, Poland ink MOU on petchem co-op

Petrochemical Special Economic Zone Organization of Iran and Pulawy Company of Poland signed a memorandum of understanding (MOU) on cooperation in petrochemical sector, Shana reported.

CBI’s 9-month loans to economic sector up 43.5% on year

The Central Bank of Iran (CBI) provided domestic economic sectors with above 3.82 trillion rials (about $100 million) of loans during the first nine months of the current Iranian calendar year (ending December 20, 2016), which shows a 43.5 percent in

Iran, S. Korea sign MOU to reinforce economic bonds

Iran and South Korea signed an MOU on expansion of economic ties and transfer of data in Seoul on Friday.

Albania calls for co-op with Iran in energy, agriculture, tourism

The Minister of Foreign Affairs of the Republic of Albania Ditmir Bushati has voiced his country’s interest in cooperation with Iran in energy, agriculture and tourism sectors, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture

Tehran, Antalya chambers of commerce interested to expand economic ties

The Chairman of Antalya Chamber of Commerce and Industry (ACCI) Davut Çetin has voiced the Turkish city’s interest in boosting trade relations with Iran.

Iran, Italy set up joint venture to grow agricultural products

The Italian company Nature SRL and the Iranian company UPRO have set up a joint venture under the name UPRO NATURE. The goal of the joint venture is to grow products that comply with the quality standards of European target markets. It aims to meet t

Airport, air navigation projects worth $20b to come on stream

Airport and air navigation projects valued at 700-800 trillion rials (about $17.771 billion-$20.309 billion) are planned to be put into operation in Iran by the end of current Iranian calendar year (March 20, 2017), IRNA quoted Iran Airports and Air

Tax income exceeds $15 billion in 8 months

Iran gained some 618 trillion rials (about $15.5 billion) in tax income during the first eight months of the current Iranian calendar year (ended November 20, 2016).

Tehran, Astana agree on closer ties, ink five MOUs

Iran and Kazakhstan inked five agreements on cooperation in transportation, banking, tourism, employment and also livestock quarantine, president.ir reported on Thursday.

Iran, Malaysia hold business forum to raise investment

An Iran-Malaysia business forum was held on Monday aiming to explore expansion of economic ties and attracting foreign investment, IRIB news reported.

Italy’s imports from Iran up 35% in 9 months yr/yr

According to the latest figures released by the European Union's statistics agency Eurostat, registering a 35-percent hike, Iran’s exports to Italy in the first nine months of 2016 increased up to €477 million from its

IMF sees Iran’s GDP growth to rebound to 6.6% in 2016-17

The International Monetary Fund (IMF) has made a statement predicting a 6.6-percent economic growth for Iran in 2016 and 2017.

Iran-Russia joint investment in oil, gas sectors can reach $10b

Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia (L) said on Monday that oil and gas investment capacity between Iran and Russia could reach $10 billion.

Iran invites Japanese companies to invest in its mining, infrastructure projects

TEHRAN- “The Islamic Republic invites Japanese companies to invest in its mining and infrastructure projects including those to develop Iranian railway network and ports,” Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) G

What to Know About Doing Business in Iran By Matthew Spivack

Foreign companies, foreign governments, and Iranians expected to see improvements to Iran’s investment climate after implementing a nuclear deal and sanctions relief in the country. But peruse some of the recent headlines about Iran, and you might wo

Tehran, Wellington may reach $1b trade turnover: New Zealander min.

The visiting New Zealand’s Trade Minister Todd McClay, during the Saturday meeting held to investigate Iran-New Zealand trade opportunities in Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), expressed hope that the two sides wi

India mulls $20 billion investment in Iran

India is inclined to invest up to $20 billion in Iran, Petroleum and Natural Gas Minister Dharmendra Pradhan has said.

Business Research Services

We provide clients with business consulting services to ensure their success in the Iranian market. Providing the right legal and business advice based on reliable research is a key.

Iran most vibrant economy in MENA during 2017-21: EIU

TEHRAN- In its recent global forecast the Economist Intelligence Unit (EIU) said Iran will be the most vibrant economy in the Middle East and North Africa (MENA) during 2017-2021.

Govt. to back investments in Iran: Slovenian president

TEHRAN- “Slovenian administration will encourage the country’s investors to expand their activities in Iran and will support their investments in the Islamic Republic,” the Slovenian President Borut Pahor announced during Iran-Slovenia Business Forum

Q &A On Foreign Investment in the Islamic Republic of Iran

Ministry of Economic Affairs and Finance Organization for Investment, Economic and Technical Assistance of Iran. Foreign Investment in the Islamic Republic of Iran. Q&A

Balancing Opportunities with Practical Business Risks

The removal of many international sanctions on Iran in early 2016 looks certain to boost the country’s economic prospects.

Taxation in Iran

A company is resident in Iran if it’s established under the Iranian Commercial Code, or if it is managed from Iran

Senior Nalco executives to visit Iran next month

India's state-owned firm National Aluminium Co. Ltd. (Nalco) will send a study group comprising of senior executives to Iran next month.

European firms urged to seize opportunity to deal with Iran

A European industrial manager called on European companies to seize the opportunity to take part in business projects in Iran.

Dow's record rally; Buffett buys airlines; Yuan in focus

1. A record-setting run: The Trump stock market rally seems to have petered out in other parts of the world.

OPEC points to even bigger 2017 oil surplus

The Organization of the Petroleum Exporting Countries (OPEC) reported an increase in its oil production in October to a record high led by members hoping to be exempt from the producer group's attempt to curb supply, weighing on prices and pointing t

Salafchegan ranks first among free zones

Salafchegan Special Economic Zone, situated 180km from Tehran, ranked first for the sixth consecutive year among all free zones with 611 approved products out of 1,735 products manufactured in all free zones, announced the Supreme Council of Free Tra

Envoy: Austrian bank to open branch in Iran

Austrian banks are ready to broaden cooperation with Iranian banks and establish branches in Iran in the near future.

Iran's petrochemical capacity to grow threefold by 2025

Iran is set to increase its total petrochemical capacity from 59 million tons to 180 million tons within the next 10 years, said an executive from US consultancy firm Frost and Sullivan on Thursday on the sidelines of the Fourth CMRI Petrochemical Co

Official: Iran can generate 60 GW from renewables

Iran has the capacity to generate 60 gigawatts (GW) electricity from renewable sources, said vice chairman of Environment Committee in Tehran Chamber of commerce, Industries, Mines and Agriculture.

Maku Free Zone exports first VAT-free consignment

Maku Free Zone exported its first value-added tax free consignment, said the head of Maku Free Zone Customs Organization.

FBCCI wants gov't to facilitate banking transactions with Iran

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought cooperation from the government to facilitate banking transactions between Bangladesh and Iran, officials said.

CBI chief meets Singaporean bankers

Governor of the Central Bank of Iran (CBI) Valiollah Seif held talks with senior officials of Singaporean banks including OCBC, DBS and UOB.

Denmark's Maersk to resume Iran operations

Danish international marine transportation company Maersk will resume transportation of goods to Iran.

IME weekly trade nears $228m

Iran Mercantile Exchange (IME) announced that commodities valued at about $228 million and weighing over 633,796 tons were traded in its domestic trading and exports halls in the past working week (October 15-20).

French envoy: Eutelsat eager to cooperate with Iran

Paris Ambassador to Tehran François Sénémaud announced that the French-based satellite provider, Eutelsat, plans to win contract with Iran to build a satellite for the country.

Siemens to seal major rail deal with Iran

German engineering giant Siemens said it is preparing to sign a major deal with Iran to develop the country's railway system.

Showa Shell buys 55% of Japan's Iran crude imports in H1

Oil refiner Showa Shell Sekiyu bought 55 percent of Japan's crude imports from Iran in January-June, said Chief Executive Officer Tsuyoshi Kameoka.

Tayyebnia confers with counterparts on banking ties

Iran's Economy Minister Tayyebnia met counterparts from Turkey, Italy and India on the sidelines of World Bank-IMF Annual Meetings 2016 in Washington DC.

Maku Free Zone development projects progressing

Managing director of Maku Free Zone Organization said 76 percent of the development budget for the fiscal year from mid-March has been allocated for projects.

Forum guides foreign firms into Iran’s ‘tricky’ market

A forum has gathered international businesses as well as consultation and law firms to introduce business opportunities in Iran’s new and developing market to foreign investors. Organized by International Finance and Open Iran, the two-day Focus I

Italy for broadening of economic ties with Iran

Italy has voiced willingness to expand economic and industrial relations with Tehran.

Airbus says granted US license to sell planes to Iran

Airbus says it has obtained an initial license from the United States to supply passenger jets to Iran as part of a 25-billion-dollar deal between the aircraft manufacturer and the Islamic Republic signed in January.

Iran, Netherlands moot easing trade, banking ties

Iran’s ambassador to the Netherlands and president of the European country's central bank in a meeting in The Hague explored avenues to facilitate trade and financial transactions between the two counties.

Tehran to host Armenia Expo in October

A trade fair of Armenian products and services – Armenia Expo – will be held in Tehran October 5-8.

Japan to contribute to Chabahar investment

A senior regional coordinator at Japan's Foreign Ministry said his country has suggested partnering India to invest and develop Chabahar Port of Iran.

Islamic banking confab opens in Tehran

The 27th Conference on Islamic Banking opened in Tehran on Tuesday in a ceremony attended by Government spokesman Mohammad Baqer Nobakht, Minister of Economic Affairs and Finance Ali Tayyebnia, Governor of the Central Bank of Iran (CBI) Valiollah Sei

Foreign firms signed investment contracts worth $70b with Iran

Foreign companies have signed joint venture investment deals worth about $70 billion with Iran, said Minister of Economic Affairs and Finance Ali Tayyebnia on Friday.

Oman gears up to promote products in Iran market

The Sixth Omani Products Exhibition (OPEX) is scheduled to be held in Tehran, Iran from September 26 to 30 as the organizing committee of OPEX has begun its marketing campaign in the Iranian capital to promote the upcoming event.

Vaezi: Rise in foreign investment indicates economic growth

Iran's Minister of Communications and Information Technology Mahmoud Vaezi said on Monday that rise of foreign investment indicated the eye-catching trend of Iran's economic growth in 2016.

South Koreans keen on investing in Iran's rail projects

An economic delegation from South Korea visited rail projects in Iran to study investment prospects in the sector, said the CEO of Iran's Construction and Development of Transportation Infrastructure Company (CDTIC).

Iran to implement projects worth $645m to boost oil recovery rate

National Iranian South Oil Company (NISOC) is planning to implement projects worth $645 million to raise oil recovery rate from oilfields.

Iran, Exim Bank of China sign cooperation deal

Iran and China inked an MoU on financing economic and infrastructural projects and expanding bilateral cooperation.

Eurozone growth slows over Brexit impact

Eurostat statistics agency says growth in eurozone sharply slowed down in the second quarter in what appears to be a result of concerns over Britain’s leaving the EU.

Iran plans $185b investments in energy sector

Iran is planning to attract some $185 billion to the oil and gas sector through a new model of oil contracts, Trend quoted Iran's deputy oil minister for international affairs as saying.

Indonesia weighs Iran's proposal on $8.4b oil refinery

Indonesia will study a proposal from Iran to build an oil refinery, along with bids from other countries, as it seeks to boost refining capacity to catch up with rising consumption.

WB: $30b of Iran's frozen assets released

The World Bank said a landmark nuclear deal that Iran signed with the P5+1 last year has already enabled the country to gain access to as much as $30 billion of its assets that had been frozen as a result of the sanctions.

Iran, Italy ink four MoUs to broaden bilateral ties

Iranian and Italian officials in a meeting in Sari signed four memoranda of understanding (MoUs) to further expand their mutual cooperation in different areas, especially in trade and economic fields.

Romania interested in investment in Iran

The Romania's Vice Prime Minister Costin Borc and in a meeting with Iranian Deputy Foreign Minister for European and American Affairs Majid Takht-e-Ravanchi announced his country’s interest in investing in Iran and welcomed Iran’s investment in Roman

Envoy: Iran, Azerbaijan in good conditions for collaboration

Today conditions are quite suitable for improvement of economic and trade relations between Iran and Azerbaijan, Iranian Ambassador to Baku Mohsen Pakaeen said.

Iran, South Korea ink MoU on bourse cooperation

Iranian and South Korean stock exchanges signed a memorandum of understanding (MoU) on mutual cooperation.

Iran, Bulgaria ink economic agreements

Iran and Bulgaria on Monday signed three memoranda of understanding (MoUs) to further promote bilateral relations in various fields, including agriculture, transport and nuclear energy.

Rouhani unveils financial package for economic prosperity

President Hassan Rouhani announced the implementation of a banking development plan as the most important financial package for the country’s economic boom in the current Iranian year (started March 20).

Iranian trade delegation to visit Mexico, Ecuador next month

TEHRAN- A senior official in Trade Promotion Organization of Iran (TPO) announced that to fasten trade ties with the American continent in post sanction era, an Iranian trade delegation will embark for Mexico and Ecuador next month.

Iran, Italy Sign Up Giant Oil, Gas Agreement, 13 MoUs

TEHRAN, Jan. 26 (Shana) – Iran’s Ministry of Petroleum has signed a major agreement with Italy’s Saipem to cooperate in a multi-billion euro project, reports from Rome said.

Daimler vows to take China off Iran roads

Daimler says its trucks division will start the deliveries of Mitsubishi Fuso brand in Iran later this year.

Iran provides $500m of technical-engineering services to Kazakhstan

TEHRAN – Iranian companies and firms provide around $500 million worth of technical and engineering services to Kazakhstan (per annum), IRIB news agency reported on Wednesday.

Fitch visits Iran as foreign banks signal interest

Ratings agency Fitch visited Iran as more foreign banks signal an interest in working in the country six months after sanctions were lifted, according to a top Central Bank of Iran official.

UK could drop Iran sanctions after Brexit

Indications are growing that London could soon decide to drop sanctions to expand its trade with Iran in the wake of the recent vote by the British to quit the European Union.

Iran looks to Iraq as a big market for trade

Iran finds neighboring Iraq its closest ally in the Arab world as well as a big market for its domestically produced goods.

‘Tehran, Ashgabat after huge goods-for-energy barter’ Wed Jun 29, 2016 7:35AM HomeIranEconomy

An Iranian Petroleum Ministry official says Iran and Turkmenistan have envisioned a $30bn barter deal in their economic exchange.

Iran-Turkmenistan $2.5b deal finalized

Iran-Turkmenistan 2.5-billion-dollar agreement was finalized, said Oil Ministry’s special envoy of for export of technical and engineering goods and services.

Iran’s quarterly exports of gas condensate up 57% yr/yr

TEHRAN- Iran’s Pars Especial Economic Energy Zone (PSEEZ) exported $1.687 billion of gas condensate in the first quarter of the current Iranian calendar year (March 20-June 20, 2016), showing a 57 percent growth compared to the same time last year,”

‘Smart money’ moving towards Iranian capital market: IFB CEO

To reach an average 8 percent economic growth during the next five-year period, according to decree of the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei, and following withdrawal of the financial embargo in January, the Iranian administr

Single-digit inflation rate achieved in Iran: CBI

TEHRAN- The Central Bank of Iran (CBI) has announced that the inflation rate for the 12-month period ended in the last day of the third Iranian calendar month of Khordad (June 20) compared to the same period in the previous year hit 9.7 percent, the

Foreign investments welcomed in Iran: CBI governor

TEHRAN- The Governor of the Central Bank of Iran (CBI) Valiollah Seif in a Wednesday meeting with Vice Chairman of China Investment Corporation (CIC) Li Keping admitted that to accelerate its economic growth, the Islamic Republic warmly welcomes attr

Ease of banking relations would speed up Iran-Netherlands ties: Zarif

TEHRAN- Referring to the large number of Iranian businessmen active in the Netherlands, the visiting Iranian Foreign Minister Mohammad Javad Zarif in a Thursday meeting with Dutch Economy Minister Henk Kamp, underscored that facilitation of mutual ba

Major rise in foreign investments in Iran

The Financial Times says the latest figures show that the volume of Foreign Direct Investment (FDI) in Iran has reached the highest level in years following the removal of sanctions against the country in January.

Russia supports Iran’s SCO membership

Russian officials have reiterated support for Iran’s membership in the Shanghai Cooperation Organization (SCO) and have emphasized that the process for Iran’s membership in the Organization need to be expedited

Buyers eyeing Iran’s Esfahan Steel Company

Esfahan Steel Company, Iran’s third-largest maker of the metal, is reportedly seeking buyers amid plans to boost production. Bloomberg says in a report that companies from South Korea and Luxembourg are interested in taking a stake in the company

‘Iran next to join emerging power SCO’

Iran is next to join the Shanghai Cooperation Organization (SCO) which will officially have India and Pakistan on its roster next week, Kazakh President Nursultan Nazarbayev has said

Lukoil ready to invest in Iran

Lukoil is ready to reenter Iran and is hopeful that the necessary laws will be in place soon, with the terms of the International Petroleum Contracts (IPCs), likely to be unveiled by October, its Chief Executive Vagit Alekperov said Thursday.

IRAN SEA EXPO SUMMIT AND EXHIBITION 24th To 26th September 2016 Tehran -Iran

International Maritime exhibition and Summit of Islamic republic of Iran

Rouhani to finalize rail deal in Baku visit

Iran and Azerbaijan are expected to finalize a deal to create a crucial rail link during the upcoming visit to Baku by the Iranian President Hassan Rouhani

Turkey to triple trade with Iran to $30bn

Turkish Customs and Trade Minister Bulent Tufenkci says the country has serious plans to triple trade with Iran to $30 billion “as soon as possible”

Iran, Russia eyeing Sukhoi Superjet deal

Iran says it is looking into a plan to jointly produce Sukhoi Superjet 100 (SSJ 100) airplanes with Russia – what could take the Islamic Republic to the club of global plane makers if materialized

Iran to set up financial hub in south

Iran says it is preparing to launch a financial hub in its southern Qeshm Island – a plan which is expected to facilitate the country’s overseas financial transactions currently under strains as a result of the remaining US sanctions

Iran deal allows for sales of passenger planes: Kirby

The spokesman of the US State Department says Iran’s historic nuclear agreement with the permanent UN Security Council members plus Germany (P5+1) allows Western jet manufacturers to trade with Tehran

Iran bank joins euro payment system

Iran says one of its London-based banks has joined the euro payment system, in what could be another breakthrough for the country to remove technical hurdles created as a result of multiple years of sanctions

Jump in foreign investments in Iran’s OTC

Iran’s media have reported a major rise in foreign investments made in the so-called over-the-counter (OTC) market or better known in Tehran as Fara Bourse

Indonesian minister due in Iran for oil deal

Iranian Minister of Petroleum Bijan Zangeneh will meet his Indonesian counterpart in Tehran on Monday to discuss fresh energy cooperation, the Shana news agency says

‘Norwegian company after major gas deal with Iran’

Norway’s oil and gas giant Hemla Vantage seeks to seal a $600 million energy deal with Iran on the production and export of liquefied natural gas (LNG) and liquefied petroleum gas (LPG), a report says

Rosatom eyeing Iran heavy water deal

Russia announced on Monday that the country’s nuclear agency Rosatom is considering the possibility of buying heavy water from Iran

Iran inks economic agreements in Finland, Poland

Iran has struck a number of economic agreements worth some 1.2 billion dollars during an Iranian delegation’s trip to Poland and Finland, says an official

Iran, Poland sign economic agreements

Iran and Poland on Monday signed three basic agreements to promote cooperation in several economic areas

Iran, Poland sign economic agreements

Iran and Poland on Monday signed three basic agreements to promote cooperation in several economic areas

"FOCUS IRAN SUMMIT 26th – 27th SEPTEMBER 2016 TEHRAN, IRAN AT "ESPINAS PALACE HOTEL

International Finance Magazine and Open Iran Group's "FOCUS IRAN SUMMIT" aims to nurture partnerships for global investment banks, trade and business councils, PE and asset management firms, venture capitalists, legal counsel and academia, techno

Who will win over the Iranians?

The battle for investment opportunities has just begun as the Middle East superpower opens itself to the world

"Kish Invex 2016" 31st Oct.- 3rd Nov. 2016 Kish International Exhibition Center

Open Iran Group Co-Organizing The 3rd Kish International Exhibition of Exchange, Banking, Insurance and Privatization and the 8th International Exhibition for Presenting Iran’s Investment Opportunities, are about to be held simultaneously in November

Austria’s Oberbank and Raiffeisen Bank connected to Iran market

A senior Iranian trade official says Austria’s Oberbank and Raiffeisen Bank International (RBI) are now connected to Iranian banks.

EU firms barter auto parts in Iran petchem deals

Reports by Western media show that European energy firms are using barter schemes to dodge banking obstacles in their efforts to purchase petrochemical products from Iran.

Tata Motors to set up car unit in Iran

India’s media reported on Monday that the country’s Tata Motors is in talks with Iran’s auto giant Iran Khodro to set up a car production unit in the country.

US finalizing deal to buy Iran heavy water

The US media have reported that the administration of President Barack Obama is moving to finalize a deal with Iran worth $8.6 million to buy heavy water from Iran

Iran, New Zealand agree on agricultural cooperation

The Islamic Republic of Iran and New Zealand have reached an agreement to work jointly in different areas of agriculture

Top Siemens official highlights Iran's huge economic potential

Iran has the potential to become a major economic power given its high reserves of natural resources and its highly skilled population, said a member of the managing board of German electronics giant Siemens in an interview with IRNA in Berlin.

Iran's three-month economic growth hits 2%

Iran's economic growth stood at two percent in the three month from December 22 to March 19 which corresponds to the last quarter of the previous Iranian year, said government spokesman Mohammad Baqer Nobakht at a press conference in Tehran.

Iran, Azerbaijan to discuss joint bank

Iran says it is working on a plan to establish a joint bank with Azerbaijan and that the idea will be raised during a meeting between top economic officials of the two countries in less than a day

Tehran, Berlin ink agreements on water

Iranian and German officials reached understanding on cooperation in the water supply and sanitation sector.

Korean pres., biggest trade team due in Iran

South Korea’s president heads to Iran on Sunday in a landmark visit targeting billions of dollars of economic and energy deals

British economic-cultural delegation due in Iran May 7 – OPEN IRAN NEWS

The Middle East Association is going to dispatch a large delegation to Iran with the hope to help British companies find new opportunities of cooperation in a variety of fields.

OPEN IRAN NEWS : Heavy transport firms in Iran seeking future business (EXCLUSIVE)

Some scores of heavy transportation companies are meeting in Iran to explore the country for business opportunities, seizing the removal of sanctions that is going to give the country an economic boom. Trend has conducted interviews with a number of

Pour Seyed Aqaei: Tehran-Mashhad express train on track in four years

Following the removal of Western sanctions on Iran in January, Iranian infrastructure organizations devised plans to absorb foreign investments in projects using modern technologies. Given its strategic status, development of roads, marine and aviati

Zuma wants trade with Iran to rise to $8bn

South Africa’s President Jacob Zuma said in Tehran on Sunday that his country plans to increase the volume of trade with Iran to as high as $8 billion by 2020

Big construction deals on horizon during Park's Iran visit

South Korean construction companies are set to sign a series of big development projects in Iran when a business delegation visits the Middle Eastern nation next month to promote bilateral economic ties, industry officials said Saturday.

President Rouhani welcomes South African counterpart in Tehran

President Hassan Rouhani officially welcomed his visiting South African counterpart Jacob Zuma here on Sunday.

Iran-Azerbaijan trade turnover up 53%

Trade turnover between Iran and Azerbaijan increased by 53 percent in the first three months of the current year, said Iran's Communications and Information Technology Minister Mahmoud Vaezi.

South Africa president due in Tehran tomorrow

The President of South Africa Jacob Zuma will lead a high-level delegation on a state visit to Iran on Sunday and Monday.

‘New Tehran-Hanover flight route coming’

A top German official said in Tehran on Sunday that a new direct flight route will be soon established from Iran to Hanover

Rouhani lauds India role in Chabahar plan

Iran’s President Hassan Rouhani said on Sunday that the development of the country’s southeastern port of Chabahar will help connect India with Central Asia and will mark a new chapter in relations between Tehran and New Delhi

New German delegation due in Tehran

Germany announced on Thursday that a delegation from its northwestern state of Lower Saxony will arrive in Tehran on Friday to hold talks with Iran’s state officials on issues of mutual interest

Iran, EU ready to promote bilateral cooperation

Iran and the European Union have underscored their determination to promote their bilateral relations in various areas, particularly economy, as well as cooperation on other issues of international importance.

Iran's exports to US increase by six times

Iran’s media reported on Thursday that the country’s exports to the United States increased six times over a period of 11 months starting March 2015

Iran, Kazakhstan to build joint shipping company

The Islamic Republic of Iran and Kazakhstan have agreed on the establishment of a joint shipping company

India, Iran move to expand energy ties

Indian Oil Minister Dharmendra Pradhan will visit Iran in the coming days for important talks, including on purchase of more oil, development of a giant gas field and investment in petrochemical projects

Iran, Pakistan seek to increase trade volume to $5bn

Iran and Pakistan have agreed to adopt necessary strategies and make use of their capacities to increase the volume of bilateral trade to USD 5 billion

Iran’s trade balance turns positive over ‘lower’ imports

New data by the Islamic Republic of Iran Customs Administration (IRICA) shows ‘unprecedented’ surplus in the country’s foreign trade over the past Iranian calendar year (ended March 19)

Russia plans ‘green corridors’ for Iran

Russia says it is establishing “green corridors” on its Caspian coasts to receive agricultural products from Iran

Swiss president to visit Iran Friday to expand ties

Swiss President Johann Schneider will visit Iran on Friday to expand Bern-Tehran relations in economic and political fields.

Bank Muscat plans to open branch in Tehran

Muscat: Bank Muscat, the Sultanate’s biggest financial institution, plans to open a branch in Tehran, said a senior official of Central Bank of Iran here on Wednesday

Iran offers ample investment opportunities for Oman

Muscat: Iran offers ample investment opportunities for Omani entrepreneurs as the country is gearing up to execute several projects in a wide range of industries

India approves US$150 million credit line for Iran's Chabahar port

NEW DELHI: India's cabinet on Wednesday approved a US$150 million (118 million pounds) credit line for the development of Iran's Chabahar port, the government said in a statement

Singapore business delegation heads to Iran

TODAY reports: Minister for Trade and Industry (Industry) Mr S Iswaran will accompany a 57-strong delegation to Tehran to explore new opportunities as the country reintegrates into the global economy

RUSSIAN ENERGY WEEK 3rd NATIONAL OIL AND GAS FORUM 19-20 April 2016, Moscow, Russia 16-18 March 2016 in Moscow

National Oil and Gas Forum is an annual biggest oil and gas conference in Russia - key event for all industry professionals interested or active in the Russian oil and gas sector.

Japan Keen to Invest in Iran’s Market

TEHRAN (Tasnim) – A senior Japanese official voiced the Asian giant’s eagerness to immediately revive economic relations with Iran and take the ample investment opportunities in its market

Amazon River

This travel with lots of vicissitudes and adventures took 4 days, it started from Karaj and continued through passing Chaloos, Arangeh, Gachsar, Kandovan, Siahbisheh, Marzan abad which all are located in Chaloos road and finally it ended in Chaloos c

Iran seeing growing foreign guests after nuclear deal

Iran made a deal with six world powers for more global engagement and booming economy. The deal, implemented on January 16, ended sanctions which had brought the country’s economy to its knees.

10MW Wind Power Plant

Khaf is located in Khorasan Razavi, Iran and has a great potential of wind energy. Ministry of Electricity of Iran (MoE) has established new incentives for wind farm developers including Guaranteed Power Purchase Agreement (GPPA) with a high price f

Opportunities, Incentives and Economic Feasibility Studies Water and Power Industry Investment Plans

To stimulate private sector investment in the infrastructural water and power plans and projects and to have this sector further engaged in the above- mentioned area we need to prepare relevant desirable ground

Iran tourism industry attracting attentions

Attractions of Iran’s tourism industry are drawing a stronger attention now that the country has opened its doors in light of the removal of economic sanctions last month

Iran, Japan sign investment pact to lure wary Japanese firms

Iran and Japan signed an investment agreement on Friday following the lifting of sanctions on Tehran last month, aimed at encouraging investment in the Iranian economy from Japanese companies wary of remaining US restrictions

Japan Set to Resume Business With Iran

TOKYO—Japan signed an investment treaty with Iran on Friday, joining China and others in a scramble for business as sanctions on the Middle East’s second-largest economy are lifted

Establishment of Foreign Representatives and Branch Offices in Iran

January 2016--The Registration of Companies Act, the Law for Allowing the Registration of a Branch or Representative of Foreign Companies and its By-law, the Law of Protection of the Rights of Consumers and certain other legislation lay down rules fo

Airbus eyes long-term cooperation with Iran

Airbus Group CEO announced that his company seeks long-term collaboration with Iran aiming to play a role in boosting Iran-EU ties.

Japanese companies to get investment guarantees

TOKYO -- The Japanese and Iranian governments are planning an arrangement that would encourage Japanese companies to invest in Iran now that economic sanctions on the oil-producing country have been lifted

Minister Calls for Japanese Automakers’ Investment in Iran

TEHRAN (Tasnim) – Iranian Minister of Economic Affairs and Finance called on the giant automaker Toyota and other Japanese auto manufacturing companies to invest in Iran as much as their French rivals, including Peugeot-Citroen and Renault, which are

Rouhani invites U.S. firms to invest in changing Iranian economy

DUBAI Iran has no problem with U.S. companies investing in its economy and creating joint ventures, President Hassan Rouhani said on Tuesday, and he called for foreign investment and diversification away from oil

Developing Relations With Iran: Europe’s Large-Scale Strategy – Analysis

Italy and France were destinations for Iranian President Hassan Rouhani’s first official trips following the removal of sanctions that had been imposed on Iran over its peaceful nuclear program

Global interaction conditions different from past - Rouhani

Iranian President Hassan Rouhani said that conditions for interaction with the world have changed drastically introducing tourism industry as a sector that generates employment, Irna reported

German Foreign Minister Steinmeier due in Tehran on Tuesday

German Foreign Minister Frank-Walter Steinmeier will pay an official two-day visit to Tehran to hold talks with senior Iranian officials.

Iranian President Hassan Rouhani in Paris to court investors

Iranian President Hassan Rouhani arrived in Paris on Wednesday on the second leg of a whirlwind tour promoting his country's opening to the world economy now that nuclear-related sanctions have been lifted

Rouhani: Investment in Iran ‘guaranteed enough, profiting’

TEHRAN, Jan. 28 (MNA) – Iran’s Hassan Rouhani has ensured French would-be investors that their investment will be profiting and will have enough guarantee

Iran Khodro, Peugeot of France sign a deal

Iran Khodro car maker from Iran and Peugeot of France signed a deal on Thursday to broaden mutual cooperation on automobile industry in Iran, IRNA reported.

Austrian president, in Tehran, expects growing trade with Iran

TEHRAN (Reuters) - Austrian President Heinz Fischer, the first Western head of state to visit Iran in more than a decade, told his hosts on Tuesday of his hopes for economic gains for both countries as relations with Tehran thaw

Iran Is Back in Business

ostracized as a pariah for almost four decades, Iran is back in business in a mere ten days—and with both East and West

Consider establishing your company in Free Zones

There is no doubt, Iran has a lot of potential: a domestic market of 80 million people, 93 billion bbl or approximately 9% of the world’s proven oil reserves, 21 trillion cubic meters or 15% of the world’s proven gas reserves, 11 petrochemical comple

Iran says SWIFT now open to 12 more banks

Iran has named 12 domestic banks that it says have now been reconnected to SWIFT, the global provider of secure financial messaging services, after the recent removal of economic sanctions against the country

Iran capitalises on sanctions removal with slew of deals with western businesses

Western businesses are jockeying for investment opportunities in Iran as the country regains access to the global financial system following the lifting of sanctions at the weekend

Iran hopes for $50bn in investment as sanctions lifted

Iran’s president promised a flood of investment as Iranians celebrated the lifting of sanctions that have left the country outside the global economy for more than a decade

Companies rush to invest in Iran after deal

DUBAI — Iran ordered a sharp increase in oil output yesterday to take immediate advantage of the lifting of international sanctions, and some foreign firms raced to snap up deals as Tehran emerges from years of international isolation

Italy to Offer Financing for Investment in Iran

Italian government is working to help companies get closer to investors and prospective clients in Iran

Presence of Dr. Hossein Naseri in the superior economic meeting committee of Iran and Brazilian delegation.

This conference began at 16:00 local time at the union bank and stock exchange in Sao Paulo ,Brazil

Iran emerges from the shadows with huge untapped potential

Officials plan to increase oil production immediately by about 500,000 barrels per day. After that, the next priority is getting access to up to $150 billion of frozen assets to help rebuild an economy that analysts say has the potential to be the "G

Iran to buy more than 100 aircraft as boom time beckons

A purchase of more than 100 aircraft from Europe's Airbus may be one of Iran's first big deals in a trade and investment boom that could reshape the economy of the Middle East

Rouhani sees financial windfall as Iran sanctions are lifted

President Hassan Rouhani said Iran's financial resources will "increase significantly" after its compliance with the terms of an accord to curb its nuclear program paved the way for the removal of crippling economic sanctions.

Door now open to foreign investments in Iran: Rouhani

The door has now opened to foreign investments in Iran, including for U.S. firms, Iranian President Hassan Rouhani announced Sunday

Iran: All sanctions to be annulled today

Iran’s Foreign Minister Mohammad Javad Zarif says “all oppressive sanctions imposed against the Islamic Republic will be annulled today.”

Australia mulls mining investment in Iran, to open economic agency in Tehran

Australia will soon send a delegation of senior company officials from the mining, trade, and industry sector to Iran. To be led by the Minister for trade and investment, the visit may take place in May 2016

German companies' multibillion bids to invest in Iran petchems

A senior Iranian official says German companies seek to invest billions of dollars in Iran’s petrochemical sector following the lifting of anti-Iran sanctions

Foreigners Keen to Invest in Iran’s Water, Power Industry: Official

TEHRAN (Tasnim) – An Iranian deputy energy minister said a host of foreign firms have shown enthusiasm for investment in Iran’s electricity and water industries, noting that regular meetings are underway to single out the most perfect from among them

Capabilities and Advantages of East Azarbaijan

Regarding to other actions for creating appropriate conditions, the awareness of the capabilities and opportunities in the province by the investment applicators is very important, for this purpose up to date information and publishing the capabiliti

capacities and capabilities of Zanjan province

Specific geographical location of the province from point of locating on energy corridor and easy access to main transferring lines of petroleum, gas and other petroleum products and also it`s access to the electric power transferring lines

Benefits of special zone and investment opportunities

Possibility of using 35-hectare land of Negin Island (expandable to 70 hectares) for investment and benefiting from advantages of special zones and exclusive road access to the Persian Gulf Highway (Bushehr-Borazjan)

Capabilities and Investment Potentials of Hormozgan Province

Regarding the scarcity of resources and the need to optimize them in order to increase economic growth, it is necessary to identify the relative economic advantages of a region and lead the investment resources to the most productive and efficient se

Hormozgan Investment License Issuance Process Guide

Today, investment is the most significant element in connecting the domestic economy, especially that of the developing countries, to the world’s economy and plays a significant role in transferring capital, technology, expertise, and management in o

Investment Opportunities of Hormozgan Province

Today, investment has emerged as a science in economic literature and has opened a new gateway toward the development in countries.

Investment Priorities and Opportunities in shahid rajaee port

Investment Priorities and Opportunities in shahid rajaee port epecial economic zone

Economic investment opportunities in Kish Island

Exporting products abroad without customs and port duties - Low commercial interest for importing products to the country through Kish Island by 15% Independent customs in the free zones in the point connecting to the international markets

Kish Island tourism investment opportunities

Kish Island with an area of 91 square kilometers, about 43 kilometers beach and the overall shape of the oval, at a distance of 18 km Levantine port ( Aftab port )- Iran joined land - is located in the Persian Gulf .

Company Registration in Anzali Free Zone

Registration of Foreign Companies and Receiving Registration Form Variety of companies and non-commercial institutes can register their company in the region with minimum bureaucracy.

Anzali Free Zone And Economic and Geographic Advantages

Easy access to north & south ports of Europe through Volga River & Volga-Den (bay)

Anzali Free Zone And Investment Opportunities

The m ain goal of many under development countries is accessibility to stable development and rising up their national revenue by promotion of export an d production capabilities since the more production and export means the better economic developm

farming 3500 sheep

Small size, taming ability and high yield of meat, wool, and milk attract humans to sheep. This project aims to produce 3500 sheep from top race . 7000 lambs and 140 tons of milk in a year are other goals of this project

Edible Mushroom Growing with 70 tons a year - Sari

Mushrooms have 1.5-6% protein from which 70-90% is absorbed by human body. For low uric acid, doctors suggest it to olds and patients. It has vitamins of B1, B2, B12, and C and is useful for skin, allergy, neural system, eyes and other body parts. Si

Bearing 240 head of milk cows

A capability of Mazandaran Province is producing considerable livestock. It produces 10% of milk, 7% of red meat, and 11 % of white meat of Iran

Caviar and salmon fish farming-Samami

This project already obtained essential license and land and intend to produce 30 tons of caviar which worth more than 90 million euro along with 2000 tons of caviar meat which worth about 40 million euro during 12years age of seed-bearing fish a

Processing and Packaging of Herbal Medicines

Based on Stats more than 60 percent and 74 percent of British, German and Belgian people have tend to use natural and herbal treatments. That's why many experts of present century, the name Return to use of herbal medicines are called.

brick production unit

Brick is an old ceramic product. Frequently used in construction industry because of accessibility of its raw material {clay).clay toughness and its mechanical power after heating is considerable This project aims to utilize modern technologies for

Tabriz Subway 3rd line

Eastern Azerbaijan province with Tabriz located in the central part of it which is an industrial city has 20 cities. Eastern Azerbaijan province is 10 regarding the area, 4 regarding the number of cities, 5 regarding the regions, 4 regarding the town

Installation of 25 MW Power Plant in Babolsar

Distributed Generation (DG) development is targeted to reduce electrical wasted energy and environment problems in IRAN by ministry of energy. In this way, Mazandaran province has a special situation because of geographical and environmental cond

Shahid rajaee port special economic zone

Taking measures to reduce freights of transporting cargoes to Iranian ports, and expediting the process of loading and unloading cargoes, and reducing the waiting time of vessels to support the economy of the country.

East Azarbaijan And Tabriz

The province covers an area of approximately 47,830 km², it has a population of around four million people. The historical city of Tabriz is the most important city of this province, culturally, politically, and commercially.

Mazandaran

Mazandaran Province is a Caspian province in the north of Iran. Located on the southern coast of the Caspian Sea, it is bordered clockwise by the Golestan, Semnan, Tehran, Alborz, Qazvin, and Gilan provinces. Sari is the largest and the capital city

Semnan

Semnan province is located on the southern slopes of the Alborz Mountains And the height has decreased from north to south and the desert plain ends.

Kish Island

In the shadow of the empire, the islands in the gulf became prosperous, navigation in the Persian Gulf was expanded and better vessels were used to carry passengers and goods. Navigational signs, including lighthouses, were set up to facilitate navig

Trophy of management and reputation of european union awarded to dr hossein naseri

Trophy of management and reputation of european union awarded to dr hossein naseri (mr advertising) establisher and ceo of samin advertising group

OIBC

Becoming a member of Open Iran Business Club is the perfect way to enhance your access to this market. Members gain professional advice and services, have access to exclusive investment projects, have unique opportunities to network and meet like-min

19German Companies Offer to Invest in Iran’s Water Sector

TEHRAN (Tasnim) – The deputy head of Iran’s National Water and Wastewater Engineering Company said 19 German companies have announced their willingness to invest in the Islamic Republic’s water Industry.

Iran, Russia preparing to trade in own currencies

Iran said on Thursday that the process to switch to national currencies in transactions between Moscow and Tehran may be completed very quickly.

Greek FM due in Iran for business talks

Greek Foreign Minister Nikos Kotzias is scheduled to pay an official visit to Tehran later this month to discuss expansion of trade ties.

Asian demand to fuel Iran's Siraf eight-refinery project

Asia is expected to be the destination for more than half of Iran's ambitious $2.8-billion Siraf Refinery project's value-added oil products when the venture starts up in 2018, said the refinery’s managing director, leaving little room for condensate

Iran discusses investment in foreign refineries

Iran has begun negotiations to buy shares in oil refineries in Europe, Latin America and Asia, a deputy oil minister was quoted as saying by Mehr News Agency on Tuesday.

Pakistan appeals to India to rejoin IP

Chairman of Pakistan Senate Standing Committee for Defense described Iran-Pakistan (IP) gas pipeline project as the most economical, most feasible and the easiest way for Pakistan and also India to access huge energy resources of Iran and said Pakist

CI forecasts Iran's growth will reach 4% in 2016

In its latest report, Capital Intelligence forecast that Iran's economic growth and inflation will reach 4 percent and 11.5 percent, respectively in 2016.

Frankfurt hosting Iran-Europe Trade Meeting

A two-day conference on investment in Iran titled 'Iran-Europe Trade Meeting' started in Frankfurt, Germany to investigate investment prospects in Iran in the post-sanctions era.

Foreign helicopter manufacturers keen on cooperation

Following the removal of Western sanctions, leading international manufacturers of civilian helicopters and spare parts have announced willingness to resume cooperation with Iran and invest in Iranian projects.

‘Iran growth to outperform MENA states

Iran’s economic growth will outperform most of the Middle East and North Africa (MENA) countries in 2016 when sanctions are lifted, a Washington-based finance industry body says.

Iran lines up $25 billion energy investment

Iran has put together a package for $25 billion of investment in its booming power industry which is key to the country’s economic recovery, head of Iran Power Transmission, Generation and Distribution Company (Tavanir) says.

China's investment in Iran to grow by sanctions relief

TEHRAN – Iran’s commercial attaché in China has said there will be no concerns over the two countries’ trade after the removal of sanction estimating a widespread growth in China’s investment in Iran.

Oman’s path to Iran

Through economic ties and a careful, long-standing diplomatic posture, Oman has become a key player in the Middle East.

Indian firms plan to invest in Iran's Chabahar project

Indian firms will invest heavily in the strategically important Port of Chabahar in Iran, said a senior Indian diplomat.

S. Korea Impatient to Invest in Iran

TEHRAN (Tasnim) - South Korean Foreign Minister Yun Byung-se voiced his country’s willingness to broaden economic relations with Iran as soon as a final nuclear deal between Tehran and world powers terminates the anti-Iran sanctions.

Rosneft to buy Essar Oil; Iran in talks to invest in refineries abroad post-sanctions

DUBAI: Iran has started negotiations to buy shares in oil refineries in Europe, Latin America and Asia, the deputy oil minister was quoted as saying by Mehr news agency on Tuesday

Shohini Sengupta: Buying Iran's bonds

India owes Iran between $6.5 and $8.8 billion for oil purchases. So, investing in Iran could go a long way towards strengthening India's energy security

Germany to support investing in Iran

Foreign companies have lined up to take advantage of cooperation with Iran after the removal of international sanctions imposed on the country over its nuclear energy program.

Exclusive France's Sephora to open shops in Iran next year

France's Sephora plans to open several shops in Iran starting next year, becoming one of the first major European specialist cosmetics retailers to directly invest in the country as it emerges from years of economic sanctions

19 German Companies Offer to Invest in Iran’s Water Sector

TEHRAN (Tasnim) – The deputy head of Iran’s National Water and Wastewater Engineering Company said 19 German companies have announced their willingness to invest in the Islamic Republic’s water Industry. Speaking in the Iran-Germany First Joint Co

Traders hope Iran deal will avail Persian carpets

Dusting off the thousands of exquisite Persian carpets he has kept in storage for several years, Amir Hossein hopes that soon he will be able to ship at least some of them to the US.

Iran Deal Milestone Starts the Clock on Oil Sanctions Relief

World powers and Iran set the clock ticking Sunday on a landmark accord placing limits on the Islamic Republic’s nuclear work in return for access to oil and financial markets.

This ex-Deutsche Bank tech expert quit his job to risk everything on Iran's coming economic boom

Iran's economy is set to get a once-in-a-generation boost when a deal to lift international sanctions gets finalized in a few months.

Iran's Man in New York Is Hunting for Billions of Dollars

Share on Facebook Share on Twitter Iran, by its own admission, needs $150 billion of investment annually for many years ahead to repair the damage from a decade of isolation. That’s a tall order for a country that, even when sanctions are finally l

Russia offers gas, oil swap deals to Iran

Russian Energy Minister Alexander Novak said on Friday Kremlin-controlled gas producer Gazprom has offered gas supplies to Iran under a swap arrangement, and similar oil deals were also under consideration.

German government backs investment in Iran: Steinmeier

TEHRAN – The ground is ready for Iran and Germany to boost economic cooperation, German Foreign Minister Frank-Walter Steinmeier says, adding that to this end the German government will support any kind of investment in Iran.

S. Korea to invest in Iranian airport

South Korean firms may invest in the Iranian airport development plan. Iran’s Roads and Urban Development Ministry is negotiating with South Korean companies to participate in the implementation of Iran’s Imam Khomeini International Airport develo

Iran to Pay Oil Companies Larger Fees in 20-Year Contracts

Iran will pay foreign oil companies larger fees than it did under previous buy-back contracts to attract $100 billion of investments needed to rebuild its energy industry.

Iran Could Trigger A Resource War On Several Fronts Other Than Oil

As has already been discussed at length, once the economic sanctions imposed by the U.S. and the European Union on Iran begin to be lifted next year, there is going to be a surge in the already oversupplied global crude oil markets. The current world

Expert says large Iranian-US population to help Iran-US mutual trade, economic co-op

Economic cooperation between the United States and Iran is not only necessary, but inevitable, John Feffer, who is director of Foreign Policy In Focus at the Institute for Policy Studies believes.

Five tips for doing business in Iran

Following the recent nuclear agreement, a significant number of EU and US-based companies have started reassessing their strategy towards Iran.

Iran Solicits U.S. Firms to Enter Iranian’s Energy Market

BY: Adam Kredo Follow @Kredo0 October 2, 2015 12:31 pm Iranian oil officials are inviting U.S. companies to invest in Iran’s oil and energy sectors due to the removal of international sanctions under the recently inked nuclear accord, according

Iran invites all, including US-based companies, to make oil, gas investments: Minister

Iranian Industry, Trade and Mining Minister Mohammad Reza Ne’matzadeh has said all global companies, including U.S.–based ones, can make oil and gas exploration investments in Iran, which has already identified 300 investment projects that will be an

Iran offers formation of joint venture with Oman

TEHRAN, Sep. 30 (MNA) – Head of Iran's Chamber of Commerce, Industries, Mines and Agriculture has announced the proposal for formation of Iran-Oman joint venture companies.

There are No Legal Barrier for US Investment in Iran: VP

TEHRAN (Tasnim) – An Iranian vice-president said on Wednesday that there is no legal restriction for foreign investments in Iran by countries Tehran recognizes, including the United States.

Iran earns more from tax than oil for first time in almost 50 years

President Hassan Rouhani’s economic strategy of significantly reducing Tehran’s dependency on oil starts to bear fruit Iran’s president Hassan Rouhani. The country’s oil revenues were significantly reduced as a result of falling prices and the US/EU

Investors tread carefully on ending of Iran sanctions

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights.

President Calls on Iranian Expats to Invest at Home in Post-Sanctions Era

TEHRAN (Tasnim) – Iranian President Hassan Rouhani invited the country’s nationals residing in other countries to seize the ample investment opportunities in their homeland following the termination of anti-Iran sanctions under a lasting nuclear deal

Iran's Next Challenge: Courting Oil Investors

Iran is preparing to formally open up its economy to Western investment, a prospect that has drawn the attention of the world's biggest oil companies. But Tehran may have more difficulty reviving its oil and natural gas sector than it hopes. On Sept.

Doing Business in Iran, Opportunities and Challenges 2

Dr Siamak Goudarzi, CEO of Open Iran Group, one of Iran’s most professional international business consultancy firms, and Anita Papp, the firm`s International Development Manager write about the industry’s journey

India ready to invest over $15 billion in Iran; seeks cheaper gas NEW DELHI | BY NIDHI VERMA AND SANJEEV MIGLANI

India is ready to invest more than $15.2 billion to build projects in Iran including taking up full-scale development of Chabahar Port if Tehran offers better terms including cheaper gas, Shipping Minister Nitin Gadkari said on Wednesday.

Vietnam Eyes Rise in Trade Ties with Iran: MP

TEHRAN (Tasnim) – Vietnamese Head of Vietnam-Iran parliamentary friendship group voiced the Southeast Asian country’s keenness for expanding trade ties with Iran.

Strong French trade delegation in Iran next week

TEHRAN – A 150-strong delegation of French businessmen will start a two-day visit to Tehran on September 21 to seek cooperation avenues in Iran, the IRIB News Agency reported on Friday.

UK trade delegation to visit Iran in October.

Iran says a major British trade delegation will arrive in Tehran on October 2nd to look for avenues to expand economic relations between the two countries.

ITUDS to lure foreign investors with €6b of projects

TEHRAN – Some €6 billion of projects will be offered to foreign investors at the first Iran Transportation and Urban Development Summit (ITUDS), which will be held from October 3-4 in Tehran.

Volatility in the O&G market

Malaysia’s O&G industry had once experienced the positive impact of stable global oil prices as throughout 2013 and the first part of 2014, the local bourse (Bursa Malaysia) saw a rapid rise in the listing of O&G companies while O&G projects both dom

In a Mideast upset by cheap oil, more crude may enter market

DUBAI, United Arab Emirates (AP) — Across a Mideast fueled by oil production, low global prices have some countries running on empty and scrambling to cover shortfalls, even as more regional crude is on tap to enter the market.

Foreign investment to help Iran’s return to oil market

TEHRAN, Sep. 19 (MNA) – Underlining the vitality of foreign investment, an official described three possible scenarios for Iran to return to the oil market during the post-sanction era.

Spanish firms ready to invest in Iran’s petchem sector Tehran Times Economic Desk

TEHRAN- Juan Ramon Duran, the general manager of Spain’s Sercobe Association, announced Spanish companies’ preparedness to invest in Iran’s petrochemical sector.

Iran urges Koreans to invest in oil plans

A senior Iranian official on Tuesday welcomed South Korean investment in his country, stressing that there is a huge potential for South Korean companies to benefit by investing in Iran’s energy sector projects.

Iran Could Become Major Supplier of Natural Gas to EU

By GABRIELE STEINHAUSER and LAURENCE NORMAN BRUSSELS—Iran could become a major supplier of natural gas to the European Union by the end of the next decade, according to new estimates from the bloc’s executive following the nuclear deal reached with

UAE banks to gain from open Iran

Longer-term business opportunities seen given Dubai's strength as a logistics hub.

JAPAN MIMICS EUROPEAN RUSH TO INVEST IN IRAN

By INU staff INU - In recent weeks, much emphasis has been given to the fact that European governments and businesses, including close trading partners with the US, have been pushing for early investment in the Islamic Republic of Iran now that it

Austrian firms sign partnership deals in Iran during state visit

Austrian companies signed a series of deals with Iranian partners on Tuesday, becoming the first Western firms to put down concrete stakes in the Islamic Republic since it reached a landmark nuclear deal with big powers in July. Austrian businesses i

What the Iran deal means for the U.S. economy and the world

Published: 08 September 2015 07:41 PM Dallas Morning News‎ With President Barack Obama securing enough Senate votes to support a historic accord, it looks like Iran is close to escaping most of the restrictions discouraging it from developing nuclea

Iran is a large and resource-rich economy: Philip Hammond ‘Iran has a proud history and culture, and a highly educated population’

Iran is a large, well-educated and resource-rich economy, with a young population eager for re-engagement with the world, British Foreign Secretary Philip Hammond said in an article published on the August 27.

Shell eyes Iran, to pay debt when sanctions end TEHRAN | BY GUY FAULCONBRIDGE

Royal Dutch Shell (RDSa.L) will repay a $2 billion (1.3 billion pounds) debt to the National Iranian Oil Company (NIOC) when sanctions on Iran are lifted and will consider investing in the country's vast energy sector, Shell's boss for new business s

Picking winners in the race to Iran

The third-largest economy in the Middle East has a young, educated populace ready to spend. But U.S. businesses will face big ­hurdles in the country—if they can get there at all.

European companies beat US to Iran business after nuclear deal reached

US firms await outcome of Congress deliberations over Iran agreement, leaving them at the back of the queue for a market due to reopen after years of sanctions

Shell ‘will consider’ investing in Iran

Royal Dutch Shell will repay a $2bn (€1.7bn) debt to the National Iranian Oil Company when sanctions on Iran are lifted and will consider investing in the country’s vast energy sector, Shell’s boss for new business said.

Investment in Iran’s Petrochemical Sector Could Reap Large Returns for Nimble Investors Willing to Stomach Significant Risk, IHS Says

ran offers low-cost feedstocks and access to large domestic and major foreign markets, but needs infrastructure and technology investments to grow

No limitations for U.S. oil firms to invest in Iran

By Fatih Karimov – Trend: There are no limitations for U.S. oil firms to invest in Iran, said Iran’s Oil Minister Bijan Namdar Zanganeh.

Kazakhs to invest in northern Iran

SARI, Aug. 18 (MNA) – A Kazakh economic delegation arrived in Iranian Northern Province of Mazandaran on Tuesday.

Iran and Pakistan: Back to Business

In the wake of the nuclear deal, the two countries get ready to do business.

Minister: India Keen to Invest in Iran’s Transportation, Petrochemical Projects

August 15, 2015 - 00:11 TEHRAN (Tasnim) – India’s Minister of Road Transport, Highways and Shipping Nitin Gadkari voiced New Delhi’s willingness to participate in Iran’s transportation and petrochemical projects.

UAE businessmen eye investment in Iran's Kish

A group of UAE businessmen met with a senior official of Kish Free Trade Zone Organisation (KFTZO) to discuss investment opportunities in economic activities on Iran's Kish Island, a report said.

Australia Keen to Invest in Iran’s Mine Industry

August 18, 2015 - 13:29 TEHRAN (Tasnim) – Australia voiced its enthusiasm to resume and strengthen cooperation with Iran in its mine industry.

Hyundai Offers To Invest In Anzali, Iran’s Northern Port City

Hyundai Development Company Group is going to invest in Iran, local media reports said. Reuters

Iran is a once in a lifetime opportunity for brave investors

Emerging market funds and international investors are gearing up to enter Iran once sanctions are pulled down writes Andrew Critchlow

Kish INVEX is being promoted by Middle East Association

Our event Kish INVEX is being promoted by many Chambers and Associations across Europe

Italy to invest $2bn in Iran projects as Tehran gets back to business

Italy and Iran have signed a deal which could see investment in Iranian projects worth $2 billion. The agreement aims at reviving trade and economic ties between the countries after Western sanctions against Tehran are removed.

Investing in Iran after the lifting of sanctions

Just a few days after hosting a historic deal between Iran and the world powers on Tehran's nuclear programme and lifting international sanctions, Vienna has been the venue for deals of a different kind.

Iran offers India bigger role in strategic port; seeks investments worth $8 billion

NEW DELHI: Iranian President Hassan Rouhani has asked India to invest in infrastructure projects worth $8 billion, including an expanded role in developing a strategic port that will open up access to Central Asia, Iran's envoy to New Delhi said on F

High-Ranking German Delegation in Iran for Talks

TEHRAN (Tasnim) – As the first foreign delegation visiting Tehran after the nuclear conclusion, a high-ranking German economic-political delegation headed by German Vice-Chancellor Sigmar Gabriel is in Iran to hold talks with Iranian officials.

Iran: The oil and gas multibillion-dollar ‘candy store’

Lifting sanctions should open the way for major oil groups to return to the country, but negotiations will be tough

Iran Is About to Open for Busines

The Iran nuclear agreement may unleash the country’s mercantile instincts, which are undimmed by the regime’s dark realities

Britain's Charlemagne plans Iran investment funds before sanctions lifted

(Reuters) - A British asset manager is teaming up with a Tehran-based firm to establish funds that will invest in the Iranian securities markets, in a sign that flows of foreign money into Iran may not wait for economic sanctions to be lifted.

Billions up for grabs if nuclear deal opens Iran economy

DUBAI (Reuters) - Iranian investment banker Ramin Rabii says he shouted in joy when he learned that Tehran and world powers had reached a deal which promises to lift economic sanctions on Iran. Then he called colleagues to discuss the business implic

Iranian finance, energy sectors could soar on deal

Outside of Iran, not all experts are as optimistic. "It's too soon for any major economic relief in Iran," said Alireza Nader, an expert on Iran's powerful Revolutionary Guard at the Rand Corporation think tank.

Iran Stock ETF Aims to Lure Foreigners Amid Nuclear Talks

Turquoise Partners Group secured regulatory approvals for the Turquoise TSE 30 Iran Index ETF, which will mirror the TSE 30 Index of the biggest stocks by market value on the Iranian bourse, the company said yesterday by e-mail. Fundraising will star

Western Companies Hope For a Bonanza in Iran

If you just looked at the numbers, the deal revealed last week by the aerospace and defense giant Boeing seemed insignificant: $120,000, for some data, aircraft manuals and navigation charts. But symbolically, the sale to Iran Air, revealed on Oct. 2

Awaiting the gold rush

THE currency traders plying the half-empty arrivals hall of Tehran’s international airport have a simple view of the nuclear talks that Iran’s government is conducting with assorted foreign powers. If a deal is made, one says, “the planes will come i

The Way Back to Iran

Tehran became Pirouz’s principal home. He set up an investment fund, Turquoise Partners (in time for a bull run on the Iranian stock market that lasted several years), and then devoted his energy to his pet project, the Iranian Business School (IBS),

Iran nuclear deal would open last big frontier stock market

(Reuters) - Years of economic sanctions and isolation have ravaged Iran's economy but created one of the last unexploited opportunities for international portfolio investors, who could start moving their money in this year if geopolitics permit. T

Iran's economy moving from bad to less bad

The CEO of Turquoise Partners, the largest investment company in Iran that's licensed to do business with foreign entities, said he sees the impact firsthand. "The growth is most definitely attracting renewed interest in foreign investment from Asia

Iran Lures Investors Seeing Nuclear Deal Ending Sanctions

Hotel with his Farsi translator, sipping coffee with potential Iranian partners while discussing the price of soy fiber. No sooner do they vacate their armchairs than another group of besuited businessmen takes their place, this time conversing in It

In Rouhani’s Iran, hopes fade for revival of sanctions-neutered economy

"We are in a very difficult time, a stagflation situation, and it is hard to drive policy in this environment, since any measure to trigger growth will have inflationary consequences," Ramin Rabii, managing director of Turquoise Partners, which manag

Sanctions Eased, Iran Gets Feelers From Old Trading Partners

“Most companies want to scope out the landscape,” said Rouzbeh Pirouz, the chairman of a Tehran-based investment firm, Turquoise Partners. “But I don’t think many of them will actually sign contracts and start putting money into this place very quick

Trade-Industrial Free Zones

Incentives and advantages for investment in Trade-Industrial Free Zones

Special Economic Zones

Incentives for investment in Special Economic Zones

Economic advantages

• The 18h largest economy in the world by purchasing power parity (ppp)

Tax Holidays

There are two major types of direct taxes including income taxes and property taxes. Each category of direct taxes, in turn, is divided into sub-parts. Indirect taxes include taxes on imports and Value Added Tax (VAT). Taxes on imports are currently

Arvand Free Zone

The region, suggested to be considered as the Arvand free zone, consists of 3 zones in an area of 170 square kilometers, is located on the southwestern part of Khuzistan province along the border river, the Arvand River.

Anzali Free Zone

Anzali Free Trade-Industrial Zone is a wide area of Bandar Anazli about 3200 hectares and about 8 kilometers of sea border and up to 2 kilometers into the sea, which included industrial ,trade and commercial ,tourism and services sections. Anzali Fr

Aras Free Zone

Jolfa district is located in the north-west of Eastern-Azerbaijan province, between 45º and 17´ till 46º and 31´ in eastern longitude and between 38º and 39´ till 39º and 2´ in northern latitude. It shapes a narrow strip on the northern border of the

Chabahar Free Zone

City and Oman sea and 70th km of Pakistan border. Some part of its land area has been allocated for industrial activities while the rest part has been earmarked for trade, commercial services, residential, tourism and green area activities.

Kish free zone

Kish Island has a surface area of 90 square kilometers, with an outer boundary of 40kms, and a nearly elliptical shape. It is located in the Persian Gulf 19kms from mainland Iran.

Registering Property

Below is a detailed summary of the steps, time and cost involved in registering property in Iran, Islamic Rep.

Kish INVEX 2015

With the support of the Iranian government, Open Iran group and BTK are organising Kish INVEX consisting of a combined event, which is the 7th International Summit and Exhibition for Presenting Iran's Investment Opportunities

Finance and Investment Department

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