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Tehran, Bern Sign Several MoUs in Switzerland

Iran and Switzerland signed a number of Memorandums of Understanding on Tuesday to expand their mutual relations in various areas.

Iran, Austria Seal Deal to Restore Persepolis Ancient Complex

Austria has signed a preliminary agreement with Iran to fund the renovation of the ancient Iranian monument Persepolis in Fars province.

Russia to Make $50 Billion Investment in Iran’s Oil Industry

Russian officials have officially expressed their intention to make a $50 billion investment in Iran’s oil industry, a media report says.

Iran, Switzerland Sign Railway Agreement

The Islamic Republic of Iran Railways Company has signed a memorandum of understanding with Matisa, a Swiss railway firm, for the construction and repair of railway tracks and machines in Iran.

MP Calls for Punishment of Foreign Firms Leaving Iran

A member of Iranian Parliament Economic Commission says the foreign companies which have decided to leave Iran in the wake of the US withdrawal from the Iran nuclear deal should be punished.

IRGC’s Construction Base Ready to Work with Foreign Investors

The commander of Khatam al-Anbia Construction Base says the IRGC-affiliated conglomerate is prepared to work with foreign investors who are willing to fund Iranian construction projects.

Handicrafts, Promising Field of Investment in Iran’s Qom

One of the attractions of the religious city of Qom in central Iran is the handicrafts. As the city is a pilgrimage destination, it can accommodate many Iranian and foreign travellers, and the handicrafts market in the heart of the city could be very thriving.

Switzerland to Cooperate with Iran’s Hamadan in Tourism

Mayor of Hamadan, a city in Western Iran, says Switzerland is to make investment in the tourism sector of this historical city.

Aliyev Calls for Accelerated Implementation of Iran-Azerbaijan Railway Project

Azerbaijani President Ilham Aliyev has urged the speedy construction of a railway that connects the Iranian and Azeri cities of Astara to each other.

Foreign Investment in Iran Soared by 49 Percent in 2017

The latest annual report of the United Nations Conference on Trade and Development said Iran has managed to attract over $5 billion in direct foreign investment, showing a 49 percent increase compared with 2016.

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