Iran says it would support any move to stabilize global oil market, but the prices should be set reasonably.
German media say three Iranian banks plan to open branches in Munich in the near future in what is expected to help stimulate business ties between the two countries.
An Iranian deputy foreign minister stressed the need for closer business ties between Tehran and Tokyo, saying that the two countries have decided to boost their mutual economic cooperation following the removal of anti-Tehran sanctions.
British Airways has resumed direct flights to Iran after the lifting of anti-Tehran sanctions.
Central Bank of Iran (CBI) has reported that Iranian banks are planning to establish their representative offices in three European countries of Britain, Italy and Germany.
Central Bank of Iran (CBI) Chief Valiollah Seif announced plans for a comprehensive reform of the country’s financial sector, including changes in laws and regulations of the banking sector and the Central Bank.
Oil prices have jumped after unconfirmed reports say Iran, which is currently producing almost 4 million barrels per day (bpd), may join a push to freeze production at current levels.
Iranian Foreign Minister Mohammad Javad Zarif assured the country’s private sector companies that the administration will facilitate and support investment in Nicaragua.
Iranian President Hassan Rouhani highlighted the country’s economic progress during his term, saying Iran’s economy is on the right track despite a whole host of problems that have gripped oil-exporting countries.
The US-based multinational financial services corporation MasterCard has rejected the recent reports on its cooperation with Iran.