According to Mr Ali Kardor, CEO of the National Iranian Oil Company (NIOC) Iran will hold an event to put its oil projects out to tender for international contractors in early 2017. He said that the first tender offer will focus on development of Iran’s South Azadegan oil field. He further added that there is […]

According to Mr Abdul-Nasser Hemmati, the President of Central Insurance of Iran, Munich RE Group – one of the world’s leading reinsurance company – is planning to provide its services to Iran. Mr Hemmati has visited Germany to discuss the prospects of investment opportunities of insurance companies in Iran. He was told by top officials […]

According to Mr Perdram Soltani, deputy president of Iran’s Chamber of Commerce, Germany seeks to make large investments in Iran’s industry market in the following years. German investors are interested to invest in the country’s petrochemical, chemical products, household, oil and car industries. Soltani said, that “German firms are studying the prospects of investing in Iran […]

The end of the international embargo on Iran has created an unprecedented opportunity for investment in Iran. With entire sectors of the economy awaiting investment-led restructuring, the government of Iran has launched a number of investment promotion initiatives and is accelerating the issue of investment licenses. Since then the interest in the country has soare […]

Cyprus ranks as 45th among 190 global economies in the World Bank’s report on the Ease of Doing Business. The report measures and compares various business regulations relevant to the life cycle of a small- to medium sized domestic business in 190 economies. It measures and tracks changes in regulations affecting 10 areas in the […]

The lifting of the international sanctions on Iran had many positive effects and has reshaped the economic relationship between Iran and the rest of the world. Removal of the sanctions means that Iran is now able to trade globally more freely. Iran’s imports have witnessed a significant level of rise over the past 7 months. […]