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Foreign Investment in Iran Increased by 50%: Minister

Foreign Investment in Iran Increased by 50%: Minister

Iran’s economy minister says in the first six months of the current Iranian year, the amount of foreign investment in the country has increased by 50% compared to the same period last year.

Iran, Turkey in Talks on Setting Up Joint Investment Fund

A senior Iranian official says the Islamic Republic is in talks with Turkey to establish a joint investment fund, particularly for development of mutual cooperation between the two countries’ high-tech companies.
Iran to Turn Tourism into Its Top Source of Income

Iran to Turn Tourism into Its Top Source of Income: Minister

Iran’s Minister of Culture Heritage, Tourism and Handicrafts says the country is planning to boost its tourism revenues, and turn it into its top source of income as a replacement for oil.
Iran, India Hold Joint Economic Commission Meeting

Iran, India Hold Joint Economic Commission Meeting

The Islamic Republic of Iran and the Republic of India held the 19th meeting of their Joint Commission of Economic Cooperation in Tehran on Sunday, December 22.
Iran Inaugurates Risky Investment Fund to Create Jobs for Youth

Iran Inaugurates Risky Investment Fund to Create Jobs for Youth

The development of the ecosystem of risky investment in Iran has taken a major step forward with the launch of the Star Fund as the country’s first ultra-fund in the capital market.
Silk Road

Iran Ready for Active Participation in China’s ‘One Belt, One Road’

The Iranian Minister of Cultural Heritage, Tourism and Handicrafts has voiced the country’s readiness for close cooperation in carrying out the One Belt, One Road initiative, a Chinese-led economic strategy involving investment in many countries.
Chinese Firms Invited to Invest in Iran’s Tourism Sector

Chinese Firms Invited to Invest in Iran’s Tourism Sector

Iran’s minister of cultural heritage, tourism and handicrafts has invited Chinese investors to invest in Iran’s tourism industry.

Iran’s Petropars to Develop South Pars 11 Alone after CNPC’s Pullout

Iranian Minister of Petroleum Bijan Zangeneh says the Iranian company Petropars will develop the Phase 11 of giant gas field South Pars after the Chinese company CNPC International pulled out of the contract.

Future Generations to Reap Benefits of Chabahar: Iran

Iranian President Hassan Rouhani says the current and future generations of the region will reap the benefits of the Chabahr port jointly developed by Iran and India.

Iran Says Its Tourism Industry Booming Despite US Bans

Iran’s top tourism official says the country will soon be hosting some 20 million tourists despite the US’ “maximum pressure” policy which tries to discourage foreigners from visiting Iran.