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Italy’s Azimut seals deal to become first foreign fund to operate in Iran
Oct 11, 2017 12:04An Italian asset manager has purchased stakes in an Iranian financial company thus becoming the first foreign fund house to invest in the nation’s financial sector.
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Another EU bank unveils plan to fund Iran projects
Sep 25, 2017 11:13France’s state investment bank Bpifrance (BPI) says it plans to provide funds to French companies that invest in the Iranian economy from next year, becoming the third European bank to do so after similar moves were announced last week by banks from Austria and Denmark.
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Iraq says to invest in joint oil projects with Iran
Sep 25, 2017 10:30Iraq’s Oil Minister Jabbar al-Luaibi says an agreement will be signed with Iran soon to jointly invest in two oil fields shared between the two countries.
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Russia again leaves everyone guessing on Iran deal
Sep 23, 2017 11:32Russian Energy Minister Alexander Novak says deliveries of Iranian crude to his country under the "oil-for-goods" program can start shortly.
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Iran to be connected to ‘postal SWIFT’: Official
Sep 23, 2017 08:11Iran will be connected to the financial services system of the Universal Postal Union (UPU), which is similar to global transaction network SWIFT, Chief Executive of Iran Post Co Hossein Mehri says.
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US fears hamper Iran’s animal feed imports
Sep 13, 2017 07:34The echoes of Western sanctions on Iran still ruffle feathers, with the country’s poultry and livestock being the latest to bear the brunt of US threats.
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Iran reports major surge in transit volume
Sep 04, 2017 07:19Iran has reported an increase of about a quarter in the transit of goods in its key transportation points – a sign that may show the country’s trade activities are growing.
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Iran lifts tariffs on exports of food items to Eurasia
Sep 04, 2017 06:57Iran has lifted the customs tariffs on certain agricultural products that are exported to Eurasian countries – a move which is expected to encourage exports to countries such as Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan.
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Germany’s MAN looking into Iran prospects
Aug 20, 2017 09:59MAN Diesel & Turbo, a German multinational that produces engines and turbo machinery, says it is paying a serious look at Iran’s investment potentials, saying it has already taken measures to restart its business in the country.
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Russia eyeing joint energy projects with Iran
Aug 14, 2017 14:56As President Hassan is preparing to start his second term in office, Russia has indicated its eagerness to expand economic cooperation with the Islamic Republic.