France, Germany and the UK are seeking to establish a payment channel to bypass the new US sanctions against Iran in order to enable trading between European and Iranian businesses in key sectors, specifically oil industry. According to Heiko Maas, German Foreign Minister, European officials have to react and strengthen Europe’s autonomy and sovereignty in […]

Cyprus has been selected for an Iranian feature film production “Mastermind”. The Canadian-Iranian film production company Aria Persys arrived in Cyprus to shoot a feature film, starting in the first days of October. Above: Merila Zareie as “Roya Azodi” Famous stars of Iranian Cinema, and well-known Cypriot actors as well, are acting in the movie, while the […]

Last year in September the Cypriot cabinet has approved a new filming scheme, which was created with the aim to attract overseas filming companies to shoot their films in Cyprus. The new filming scheme was developed by the Unit of administrative Reform of the Presidency in cooperation with the Cyprus Investment Promotion Agency (CIPA) and […]

Despite its challenges, Iran is an interesting country to invest in with lots of opportunities and market chances locally and in the region. There are many areas in services and production that are far from saturation. Especially smaller foreign investors continue profitable operations in Iran. Foreign Direct Investment into Iran is now effected by the […]

The Central Bank of Iran (CBI) set up a secondary market for foreign exchange due to a major change in Iran’s foreign exchange policy which resulted reduction in the availability of foreign currency and the volume of foreign exchange transactions. According to Valiollah Seif, Governor of the CBI, this decision was made to control the […]

The Cypriot cabinet has decided to form a joint working group to develop and implement blockchain technology in Cyprus in order to keep up with the international developments. According to Prodromos Prodromou, Government spokesman it was “an important decision for the country’s future development and adjustment in the digital era.” The members of the working […]