12.5% economy growth of Iran in 04/2016 – 03/2017 PUBLISHED ON 20/06/2017
According to the Central Bank of Iran’s recent report, Iran economy grew 12.5% during April 2016 – March 2017 in comparison to the previous year, under an OPEC deal with the aim of eroding global inventories and lifting crude prices. Following the lifting of international sanctions against Iran in January 2016, oil production is allocated […]
Merchant Shipping Agreement between India and Cyprus gets final approval PUBLISHED ON 15/06/2017
The Indian Union Cabinet, chaired by the Prime Minister of India, Mr. Narendra Modi has officially approved the India Cyprus Merchant Shipping Agreement, which was signed in April this year. The India-Cyprus Merchant Agreement was signed with the aim to boost better cooperation and to eliminate the hurdles and challenges of traders, thus to develop […]
Iran and Austria to expand relations in Banking sector PUBLISHED ON 14/06/2017
The governor of the Central Bank of Iran (CBI) announced 22 Iranian banks have linked-up with Oberbank, one of Austria’s largest banks, to boost economic and banking ties between Iran and Austria. Following the CBI governor, Valiollah Seif, recent talks with an Austrian banking delegation in Tehran, he stated that both countries’ central banks have […]
Chinese investments in Germany PUBLISHED ON 13/06/2017
Chinese overseas investments in Europe and especially in Germany have grown exponentially in the past years. 2016 was a record-breaking year in terms of deals and volume transaction with respect to Chinese mergers and acquisitions. China’s outbound M&A grew by 246%, 3.5 times the previous record year in 2015. Among the European countries Germany was/is […]