Siemens to invest $100m in Iran’s energy sector

By Trade Arabia   Siemens, a global technology powerhouse, is planning to invest around $100 million in Iran’s energy sector as part of its strategy to boost its presence in the Persian country, said a report. The company is looking at […]

registry plan for imported cellphones postponed

The Registry Plan for Cellphones Will Be Implemented from October

According to the ‘Center for Combat against Illicit Trade’,  the registry plan as a solution to boycott illegally imported cellphones will be put in force from October this year. The registry plan have been on table for several months and most lately […]

Korea investment in Iran

South Korea to invest in Hormuzgan projects

from: South Korean investors are eager to invest in Iranian oil terminals, solar power plants, synthetic cycle power plants and port facilities in Hormuzgan Province. Governor General of Hormuzgan Province Jassem Jadori said that investors will extend $96 million to […]

investment by Italians in Iran energy sector

Italian Firms Keen on Joining Iran Energy Projects

 from: 5 July, 2016- Head of the Italy Desk of the 2016 World Conference of Mayors and Councilors says Italian companies are keen on investing in Iran’s energy projects including renewables. Farzan Azarpour, said attraction of foreign investments is a […]

New changes and amendments applied to Iran tax law

How recent changes to tax law affect foreign companies

The Amendment to Iran Direct Tax Law was finally published in the official gazette in August 2015 and shall become applicable from next Iranian year (21st of March, 2016). The amendment includes changes which could significantly affect foreign investors in […]

Ali Kardor, the New MD of NIOC

Javadi Replaced by Kardor- A Big Change for NIOC?

In June this year, Ali Kardor was appointed by the Ministry of Oil as the MD of NIOC, thus succeeding Rokneddin Javadi. Mr. Javadi, who resigned, has been appointed deputy minister in charge of supervising hydrocarbon resources, the company said. […]

Fitch back to Iran

Fitch Ratings Back to Iran/ Iran’s Economy Will Be Rated

Iran is in talks with Moody’s Investors Service and Fitch Ratings about restarting sovereign credit ratings for the oil-rich state, Economic Affairs and Finance Minister Ali Tayyeb Nia said in interview with Bloomberg. According to data compiled by Bloomberg, Fitch withdrew its […]

Iran’s Foreign Minister Mohammad Javad Zarif

Iran safe for foreign investments

12.6.2016 Cited from: Business Standard Foreign Minister Javad Zarif said Iran was the most secure and lucrative market for investments, an official said on Sunday. “The enemies such as the Zionists and the Saudi Arabia are making attempts to tell banks […]

Iran oil and gas

Iran Plans Foreign Oil Deals Within Months as Sanctions Ease

  12.6.2016 Cited from: Bloomberg Iran’s new model oil contracts, designed to lure billions of dollars in foreign investment for its energy industry, still need revisions and the government is confident the first deals will be signed within months, Oil […]