China-Iran deal. Billions of dollars of Chinese investment could be heading Iran’s way after the two…
Iran
Business news and investment opportunities in Iran
STATS
Source: World Bank
Currency: Iranian rialGDP: 454 billion USD (2017)
GDP per capita: 5,627.75 USD (2017)
GDP growth rate: 3.8% annual change (2017)
GNI per capita: 21,050 PPP dollars (2017)
Gross national income: 1.698 trillion PPP dollars (2017)
Internet users: 60.42% of the population (2017)
US-Iran diplomatic madrigal begins with Nimitz withdrawal
Joe Biden's administration withdrew the USS Nimitz from the Gulf this week - but it has…
Rohani turns to Iranian petrochemical exports to beat sanctions
Iranian petrochemical exports are set to jump from $15bn in the Islamic Republic’s current calendar year…
New US sanctions push Iran east and south
New US sanctions were today expected to be slapped on more than two dozen people and…
INSTC Corridor to get own logistics operator
INSTC: Russian Railways is in talks with its counterparts in Iran, India and Azerbaijan about the…
Riyadh and Tehran draw up new ‘soft power’ battle lines at Basra
More than a quarter of a century after the road to Basra briefly became short hand…
Russia set to capitalise on US hostility towards Iran with EEU FTA and oil deals
US President Trump’s unremitting hostility towards Iran seems to be playing into Moscow’s hands, and sooner…
EU accused of appeasing Trump with May 12 nuclear waiver looming for Iran
The EU should be pushing the US to abide by the terms of the nuclear agreement…
Future of Chabahar and Farzad B high on agenda for Rouhani visit to India
Progress on the upgrade of the Iranian port of Chabahar and delays over the awarding of…
Russia extends influence in Gulf with plans for nuclear plant in Kuwait
Kuwait: With Washington expected to slap another round of sanctions on Russia for its alleged meddling in…
Odds on Trans Caspian pipeline shorten as littoral states settle their differences
After nearly 30 years of haggling over the legal status of the Caspian Sea, its five…
Chabahar set to take on Gwadar in fight for traffic on South Asian sea route
The prospect of a new strategic sea route connecting Iran, India and Afghanistan came one step…
Total to forfeit investment if it pulls out of South Pars contract, Tehran warns
French energy giant Total will lose the $66m it has already committed to the development of…
Baku helps Tehran out with loan for INSTC transport corridor
Work on the construction of the 144-km Rasht-Astara rail leg of Iran’s section of the International…
IMF gives Iran short-term thumbs-up – but sanctions cast a longer shadow
The Iranian economy will grow by 3.5% this year and 3.8% in 2018 , according to…
India offers to invest $11bn in Iran’s Farzad-B – and to take all the gas home
An Indian consortium headed up by ONGC Vicesh has said that it is willing to spend…
Total close to finalising $1bn South Pars deal despite new sanctions threat
The French oil major Total is finalising plans to invest an initial $1bn in the development…
Wintershall ignores sanctions threat to strengthen ties with Gazprom in Iran
Germany’s biggest oil and gas company Wintershall – which is already helping co-finance Gazprom’s controversial Nord Stream…
China draws Tehran into New Silk Road
New Silk Road: The China National Machinery Import and Export Corporation (CMC) has been given the…
China looks to Saudi Arabia to protect Maritime Silk Road route
This March, the Saudi Monarch King Salman embarked on a six-week tour of Asia, the highlight of…
Trump extends sanction relief as Iranians go to the polls
48 hours before today’s Iranian presidential elections US President Donald Trump announced an extension to the…
Brexit draws UK companies to Iran despite shadow of sanctions
With the prospect of Brexit limiting their ability to operated within the EU, UK firms are…
Indian Railways gives new push to North-South Transport Corridor
State-owned Indian Railways is to host a meeting of the heads of its fellow South Asian railway…
Tehran agrees to sell $1.5bn in bonds to develop communal oil and gas fields
The Iranian parliament has given the country’s oil ministry permission to sell more than $1.5bn in bonds…