Increasing the nation’s ability to create wealth is a top priority for the government, Ali Tayebnia, the minister of economic affairs and finance said Tuesday. Tayebnia, who was addressing a meeting of anti-corruption agencies, underscored that increasing economic transparency and financial discipline as well as improving financial supervision systems are among the main targets of […]
As the first historic Iran-European Forum on future trade opportunities came to a close on Thursday in London’s Marriott Grosvenor Park Hotel, business leaders and entrepreneurs at the event left with an overall positive attitude at which way future business connections may be heading. Business leaders from several high profile companies spoke at the landmark […]
At a politically sensitive moment when world powers and Iran try to reach a comprehensive deal over Tehran’s nuclear energy program before a November 24 deadline, London hosted an unprecedented Europe-Iran Forum on October 15-16, an event introduced as a move to prepare post-sanction investment and trade in Iran.The conference brought together more than 200 […]
The German ambassador to Tehran says European companies are waiting for a comprehensive deal between Tehran and the P5+1 group of world powers to rush for investment in the Iranian market. “Cooperation with and investment in Iran is of great importance to the European companies, including German firms,” Michael Freiherr von Ungern-Sternberg said in a meeting with […]
Iran’s economy should continue to grow even if the US-led sanctions remain in place, the central bank governor has said.The economy is projected to grow by 3 percent this year, Valiollah Seif, governor of the Central Bank of Iran, said in an interview in Washington, adding that the economic situation is already on the mend.The […]
Iran has ample investment opportunities. With almost 80 million people it is too big a market to ignore for ambitious entrepreneurs and international goods and service providers. Moreover, a wide range of competitive advantages make the country a key player in the strategic Middle East. An educated and young workforce, relatively low remuneration, enormous natural […]
Deputy Managing Director of the International Monetary Fund (IMF) Naoyuki Shinohara hailed Iran’s economic development since President Hassan Rouhani took office in June 2013. He made the remarks in a meeting with Governor of Central Bank of Iran Valiollah Seif on the sidelines of the IMF-World Bank Annual Meeting in Washington. Shinohara described the Iranian […]
European Union sanctions on Iran’s main oil tanker firm, the National Iranian Tanker Company (NITC), have been annulled after the EU failed to appeal against a court ruling that ordered the measures to be lifted, the shipping company said on Tuesday. In July, the Luxembourg-based General Court ruled there were no grounds to blacklist the […]
Expansion of mining exploration activities requires more than $100 million, said the deputy head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO). Jamshid Molla-Rahman said the figure was stipulated in the memorandums of understanding (MoUs) signed by the Geological Survey of Iran and IMIDRO, IRNA reported. He added that this amount […]
