Investment in Iran

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

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.

Europe Must Make Investments in Iran to Save JCPOA: Zarif

Foreign Minister Mohammad Javad Zarif says the Europeans do not seem ready yet to put investment into saving the 2015 nuclear agreement with Iran, despite their claim to be willing to retain it.

Chinese Bitcoin Miners Officially Ask for Permission to Work in Iran

Chinese cryptocurrency miners have officially requested to set up shop in Iran, taking advantage of cheap energy to power and cool their electricity-intensive servers.

Bitcoin Mining in Iran Must Be Regularized: Minister

Iran’s Minister of Information and Communications Technology Mohammad Javad Azari Jahromi has highlighted the potentialities of crypto-currency mining, calling for the regularization of the business in Iran given the recent reports of bitcoin miners’ use of Iran’s cheap power.

Why and How to Get Iran’s Residency

A new by-law passed by the Iranian government provides foreign nationals, particularly those from Afghanistan, with a new chance to get Iran’s residency. But why and how should they do that?

Investors Can Obtain Residence Permit in Iran

The Iranian administration has passed a piece of legislation that allows foreign individuals to receive a temporary residence permit in Iran by investment.

Russia Says Ties with Iran Source of Regional Stability

Russia’s Energy Minister Alexander Novak says further development of mutual ties between Iran and Russia will contribute to regional peace and stability.

Iran, Russia Sign 8 MoUs in Isfahan

Eight cooperation agreements have been signed by representatives of Iran and Isfahan during a ceremony attended by Iran's Energy Minister Reza Ardakanian and his Russian counterpart Alexander Novak.

Iran on Verge of Joining Eurasia Free Trade Zone

Iran’s Energy Minister Reza Ardakanian says the country will soon announce the implementation of its agreement with the five members of the Eurasian Economic Union on free trade, which will make Iran a member of the Eurasia Free Trade Zone.

‘Russia Still Interested in Making Energy Investment in Iran’

Iranian President Hassan Rouhani and his Russian counterpart Vladimir Putin have discussed expansion of business ties between the two states in a range of fields, particularly in the energy sector, despite Washington's unilateral sanctions.

Celebration of Queen Elizabeth II’s Birthday at Iranians’ Expense

An email has been sent to many Iranian economic players and brands asking them to pay for an annual celebration marking the 93rd birthday of the British Queen Elizabeth II in Tehran through a certain channel.

Iran Denies Closure of British-Iranian Chamber of Commerce

Iran’s ambassador to London denied a report about closure of the British Iranian Chamber of Commerce, saying the chamber is doing its activities normally and has only morphed into a “virtual and digital” establishment due to rising rents in London.

Iran Says Ready to Connect Pakistan’s Gwadar to Chabahar Port

Iranian Foreign Minister Mohammad Javad Zarif says he is putting forward a "proposal" during his ongoing trip to Islamabad for connecting Pakistan's Gwadar port to its "complementary" port Chabahar in southeastern Iran.

‘Chabahar Port Symbol of Iran-India Mutual Cooperation’

Iranian President Hassan Rouhani says the Chabahar Port in southeastern Iran, which is being developed by Indian investors, is a symbol of cooperation between Tehran and New Delhi.

Iran, India, Afghanistan Discuss Investment in Chabahar Port

A conference on investment in, and the development of the Iranian port city of Chabahar was recently held in Iran, bringing together investors and authorities from 35 countries.

Iran Says Grounds Prepared for Its Membership in Eurasian Union

Despite sanctions imposed on and restrictions created for Iran's economy, arrangements for membership of the Islamic Republic in the Eurasian Economic Union have been made, said Iran's Energy Minister.

6m Foreign Tourists Visit Iran in 9 Months: VP

At least six million foreign tourists have visited Iran in the first nine months of the current Persian year, said Ali-Asghar Mounesan, the head of Iran's Cultural Heritage, Handicrafts and Tourism Organization (ICHTO), predicting that the figure would increase to 7 million by the year-end.

EU Announces Special Mechanism for Trade with Iran

The European Union has announced a long overdue special mechanism, called INSTEX (Instrument for Supporting Trade Exchanges), aimed at facilitating trade with the Islamic Republic of Iran in the face of the US sanctions.

Every Day Several Clients Ask to Buy Iran’s Oil: Official

Iran’s deputy oil minister says every day 5 or 6 purchasers send their request to buy oil from Iran, but the names will not be revealed as the enemies may misuse that information.

‘Finnish Firms Waiting for EU’s SPV to Do Business with Iran’

Finland says its small- and medium-sized companies are still interested in promoting their business cooperation with Iran, but are waiting for the European Union to establish its special payment mechanism, known as Special Purpose Vehicle (SPV), to facilitate trade with Iran under the US bans.

IOSCO Promotes Iran’s Membership Status

The International Organization of Securities Commissions has promoted the membership status of Iran’s Securities and Exchange Organization.

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