Archive | Investment

Germany’s Hermes to Guarantee Iranian Investments

By John Lee. Germany’s Hermes Insurance has reportedly said it is willing to provide insurance coverage for investment projects in Iran, especially in the energy and power sectors. According to Mehr News Agency, the announcement was made at a joint meeting between Iran’s Foreign Minister Mohammad Javad Zarif and German Minister for Economics and Energy […]

Europeans press FATF to extend Iran Sanctions Reprieve

By Barbara Slavin for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Europeans press Terror-Finance Watchdog to extend Iran Sanctions Reprieve A powerful financial watchdog group meeting in Valencia, Spain, this week will take actions that could bolster the Iran nuclear deal — or put it in […]

Polish MEP: “No Good Time to Invest in Iran”

By John Lee. A vice president of the European Parliament has said that European companies should not rush to pour money into Iran’s industries. Writing in The Diplomat, Poland’s Ryszard Czarnecki argues that the whole world should be alarmed at the likelihood of some Western policymakers and businessmen taking President Hassan Rouhani’s reelection as a […]

FATF’s Decision Guarantees Banking Ties with Iran

Iran’s ambassador to Britain said a recent decision by the Financial Action Task Force (FATF), the policy-making body of the international financial system, to continue the suspension of anti-Iran sanctions would guarantee the country’s banking ties with foreign countries. In a post on social media, Hamid Baeedinejad pointed to the FATF’s meeting in Spain on […]

Austria Seeks Tax Agreement with Iran

Austria’s Minister of Finance Hans Jorg Schelling said his country is seeking to sign a double taxation agreement with Iran. In a meeting with Iran’s foreign minister in Tehran on Sunday, Schelling said he has visited Iran with the purpose of boosting bilateral economic and financial relations. Voicing Austria’s eagerness to develop joint training programs […]

Chinese Envoy: Iran as ‘One of Safest’ Countries in Region

China’s ambassador to Iran Pang Sen praised the security situation in the Islamic Republic, describing it as one of the most secure countries in the insecure Middle East. “Iran is one of the safest countries in the region and that is an honor for me as the Chinese ambassador (to the country),” Pang Sen told […]

Cabinet agrees to issue $2.7bn Securities

Iran’s Council of Ministers convened on Wednesday in a session chaired by President Rouhani and agreed to issue securities and Islamic bonds (sukuk). The securities and Islamic bonds worth $2.7 billion were agreed to be issued to operationalise plans and projects in companies under ministries of Petroleum, Energy, Roads and Urban Development, Communications and Information […]

Iran Building 2 Sports Arenas in Iraq

During a visit to Iraq, an Iranian deputy minister was updated on the latest status of two sports arenas that Iranian companies are constructing in Baghdad. Mojtaba Khosrotaj, Iran’s deputy minister of industry and head of the Trade Promotion Organization of Iran (PMOI), held a meeting with Iraq’s minister of youth and sports and with […]

Ankara Conference to Study Investment Opportunities in Iran

The Turkish capital of Ankara will soon play host to a conference on studying investment opportunities for Turkish investors in the Iranian market. According to a report carried by Turkey’s Anadolu Agency, the conference, titled “A Study of Investment Opportunities in Iran”, will be held on May 17 with Turkish businessmen and economic officials in […]

Investment Opportunities in Iran – UK Govt Report

By John Lee. A new report from the British House of Lords’ Select Committee on International Relations has said that the investment opportunities in Iran are significant, and the UK is already losing potential market share to other European countries that are currently taking advantage of a weak UK presence. The report — The Middle East: […]