Archive | Investment

IGRC-Linked Companies may Partner with IOCs

The man responsible for Iran’s new oil contracts has said that domestic companies linked to the Islamic Revolutionary Guards Corp (IRGC) may be approved to partner international oil companies (IOCs) in joint ventures. Seyed Mehdi Hosseini, head of the Oil Contracts Restructuring Committee, said: “The point of these Revolutionary Guards is that they are engineering companies, […]

“Prospects for 2016/17 are Brighter”, IMF

An International Monetary Fund (IMF) team has reported that comprehensive economic reforms will be needed in Iran if it is to benefit from the nuclear deal it struck with six world powers in July. It said real GDP growth is projected to decline from 3 percent in 2014/15 to somewhere between 0.5 to -0.5 percent in […]

Spanish Firms Considering Projects in Iran

IRNA reports that Spanish companies have begun analyzing tenders for participation in infrastructure and development projects in Iran to be implemented in the course of the next year. According to Spainish political daily The Diplomat, Iranian officials have declared the country’s readiness for partnership with foreign firms in 121 infrastructure and development projects worth more […]

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$8bn Profit Waiting Iran’s Foreign Investors

President of the Research Institute of Petroleum Industry (RIPI) said international firms and investors will turn a profit of 8 billion dollars after removal of the sanctions against Iran. “It is estimated that with implementation of the (nuclear) Joint Comprehensive Plan of Action (JCPOA), a market worth 8 billion dollars will be before international firms […]

Cooperation between Iran, Luxembourg Stock Exchanges

The President of the Iranian Securities and Exchange Organization, Mohammad Fetanat, has called for the facilitation of ‘joint cooperation’ between the supervisory bodies of the Iranian and Luxembourg stock exchanges. At a meeting with Robert Scharfe, President of Luxembourg Stock Exchange, he pointed to Iran’s economic capabilities and history of the capital market in the […]

Winners and Losers if Sanctions Lifted

By John Lee. An analysis by Fortune magazine lists the expected winners and losers from a lifting of sanctions on Iran. Winners EU automakers: Companies such as Germany’s Mercedes-Benz, and Peugeot and Renault of France, are identified as being well positioned to take advantage of Iran’s large market. Oil services companies: Iran says it needs […]