Archive | Investment

Russia Hosting Conference on Iran-North Caucasus Cooperation

An international conference about ways to boost economic relations between Iran and the North Caucasus region opened in the Republic of North Ossetia-Alania in Russia on Tuesday. The international event is underway in North Ossetian State University in Vladikavkaz, the capital city of the Republic of North Ossetia-Alania, and will last for two days. The […]

Banking Problems between Iran & UK being Removed Gradually

Boris Johnson, the UK foreign secretary, has underlined Iran’s importance in the region and also reiterated his country’s support for maintaining the JCPOA, the 2015 nuclear agreement between Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany). In a Sunday meeting in Tehran with Head of the Atomic Energy Organization of […]

Iran, Netherlands sign Economic Plan of Action for 2018

Senior ministerial officials from Iran and the Netherlands signed a joint plan of action on the expansion of bilateral economic ties in the coming year. In a meeting in The Hague on Friday, Iran’s Deputy Economy Minister Mohammad Khazaee and his Dutch counterpart signed the plan of action for 2018, which entails cooperation in eleven […]

Video: Is the Iran Deal set to Unravel?

While the Iran nuclear deal was hailed as a “triumph of diplomacy” by its supporters around the world, US President Donald Trump called it “the worst deal ever”. He recently decided to officially “decertify” the deal formally known as the JCPOA, the Joint Comprehensive Plan of Action, between Iran six world powers and the EU […]

Imprudent Foreign Financing could Jeopardize Economy

By Navid Kalhor, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Facilitating foreign financing has been among the top items on Iranian President Hassan Rouhani’s agenda since the signing of the nuclear deal in 2015. Under the current circumstances, with domestic lenders grappling with a credit […]

New US Sanctions over Iran: Full Details

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated a network of individuals and entities involved in a large-scale scheme to help Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) counterfeit currency to support its destabilizing activities. This network employed deceptive measures to circumvent European export control restrictions and procured advanced […]

Total “Cannot Withdraw Capital” from Iran Gas Deal

Iranian Minister of Petroleum Bijan Zangeneh says Total S.A.‘s capital in a contract with Tehran to develop Phase 11 of the South Pars Gas Field will stay in Iran in case the French energy major walks away from the deal without any UNSC sanctions. The official said: “If Total walks away from the deal without […]

Iranian Minister Heads for Malaysia to Attend WIEF

Iran’s Minister of Communication and Information Technology Mohammad Javad Azari Jahromi left the country for Malaysia to attend the World Islamic Economic Forum (WIEF), due to open in the Southeast Asian country from Tuesday. Heading a banking and trade delegation, Azari Jahromi left Tehran for Kuala Lumpur on Monday to participate in the 13th edition […]

Iran, Austria Discuss Closer Trade Ties

Head of Iran’s Chamber of Commerce Gholam Hossein Shafei and Austrian Ambassador to Tehran Stefan Scholz exchanged views about ways to promote bilateral relations between Tehran and Vienna in diverse fields, economy in particular. Speaking at the meeting, held in Tehran on Tuesday, Shafei said Iran’s relations with Austria have been special compared to its […]

Iran-Ghana Commission for Cooperation in Accra

The sixth session of the Iran-Ghana Permanent Joint Commission for Cooperation (PJCC) is underway in Accra, the capital of the African country. The two-day meeting seeks to enhance the level of partnership and cooperation to incorporate new thematic areas of policies concerns and initiatives between the two countries, Ghana news agency reported. The areas for […]

EU Ministers Voice Support for JCPOA

Foreign ministers of the three European parties to the Joint Comprehensive Plan of Action (JCPOA) emphasized the necessity for saving the nuclear agreement between Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany). In a meeting before a gathering of the EU Foreign Affairs Council (FAC) meeting in Belgium’s capital of […]

Iran “Intends to Legalize Bitcoin”

By John Lee. The Iranian government reportedly intends to legalize the crypto-currency Bitcoin as a legal tender. Iran’s Minister of Information and Communication Technologies is quoted by Novinite as saying that his ministry has carried out research to prepare the necessary infrastructure for the use of Bitcoin. He said that he believes that the legalization of […]

Iran’s FM to Travel to Central Asia on Wednesday

Iranian Foreign Minister Mohammad Javad Zarif will head to Tajikistan and Uzbekistan on Wednesday at the official invitation of the authorities of the two central Asian countries. According to Iranian Foreign Ministry Spokesman Bahram Qassemi, Zarif will meet with high-ranking Tajik officials in Dushanbe. While in Uzbekistan, he added, FM Zarif will hold talks with […]

Iran Market Great without American Rivals: Europe Firm

A senior executive with an Austrian engineering company says they would welcome an Iranian oil and gas industry market without American rivals. Speaking to Shana on the sidelines of the 1st Austrian Technology Transfer Symposium for Enhanced Oil Recovery by Using Treated Water here in Tehran, the Managing Partner of SONNEK Engineering Company DL Werner […]

Iran Considers Plans to Simplify Investment

Iran’s President Hassan Rouhani, Parliament Speaker Ali Larijani, and Judiciary Chief Ayatollah Sadeq Amoli Larijani discussed the latest domestic and international developments in a meeting in Tehran, and weigh up plans to facilitate the process of investment in the country. The heads of the three Iranian branches of power met at the Parliament building on […]

Iran Open to Finnish Investors

Iranian President Hassan Rouhani highlighted the good grounds for investment in Iran, calling on the Finnish investors to take the opportunity and work with the Iranian private sector. In a meeting with Finland’s new ambassador to Tehran on Saturday, President Rouhani said there exist perfect opportunities for investment in Iran. The Finnish entrepreneurs and investors […]

Indigo Holdings Invests in 4 New Businesses

Indigo Holdings plc, the Middle East focused Investment Company that provides investors with exposure to early stage businesses, has announced the Company’s interim results for the six month period to 30 June 2017. A summary of the Company’s investments since its flotation on the NEX Exchange Growth Market in February 2017, having raised a total […]

Over 100 Projects Planned in Tehran for Foreign Investors

Tehran Mayor Mohammad Ali Najafi highlighted efforts to attract foreign investments to develop the Iranian capital, saying more than 100 mega projects are being planned to be carried out with foreign investments. Najafi said his key vision for Tehran is to bolster exchanges and contacts with leading cities of the world in finance, entrepreneurship, manufacturing […]

Dentons advises Quercus on €500m Solar Energy Deal

Dentons Europe LLP has advised Quercus, one of the world’s largest renewable energy investors, on a deal worth more than €500 million with Iran’s Ministry of Energy for the development, construction and operation of a 600 MW solar energy photovoltaic (PV) plant in Iran. This is Quercus’ first investment outside of Europe and represents the […]