Tag Archives | Scotland

Scottish-based Engineering Firm to Exit Iran

Scottish-based engineering company Weir Group has reported that performance in its international businesses was weaker in the first half of the year, reflecting market conditions and the exit from recently won contracts in Iran following the recent re-imposition of US sanctions. (Source: Weir)

UK Fashion Group targets Iran

By John Lee. Fashion retailer Quiz Group says it is planning to open further concessions in “Cyprus and the Middle East (such as in Iran) with existing partners and further concessions with new partners in the short term.” The Scottish-based company has successfully completed a £102.7 million placing, and is intending to apply for the admission […]

Scotland sees Business Opportunities in Iran

By John Lee. Following a visit by Scottish Enterprise, Scottish Development International and several energy companies to the Offshore Energy Exhibition and Conference (OEEC) last week in Rotterdam, Scottish businesses are reported to be cultivating links with Iranian companies in both oil and renewable energy. The visitors met members of the Iranian pavilion at a […]

Petro Scotland, Tehran University sign Energy MoU

Iran’s Tehran University, the private sector and Petro Scotland Research Institute have signed a trilateral memorandum of understanding to cooperate in studies with focus on energy convergence. Inspired by the Caspian Energy Network theory, the MoU considers Iran’s strategic status in energy sector and aims at establishing cooperation between Iran and Scotland on energy matters. […]

Iran Business Seminar in Scotland

Race to Capture the Iranian Market With sanctions on Iran lifted, Western companies are rushing to Tehran as President Rouhani promises the “opening of the country’s economy to the world”. At an event to be hosted by Aberdeen & Grampian Chamber of Commerce on Friday, representatives from the British Iranian Chamber of Commerce (BICC) will […]