Rouhani threatens to revive nuclear programme after Senate votes for 10-year extension to Iran Sanctions Act

Iran’s President Hassan Rouhani yesterday called on outgoing US President Barack Obama not to sign a…

BP US CEO Bob Dudley stands back from special Iranian task force

BP has formed a special task force to study the investment potential of the Iranian  oil…

Total wins race to sign first energy deal with Iran since end of sanctions

France’s Total this week became the first western energy company to sign a major deal with Tehran…

Deutsche Bahn agrees to test drive new South West transport corridor to Iran

Deutsche Bahn, one of the world’s  largest transport companies, has agreed to test drive the new…

Renault joins Western rush into Iranian car market

Renault  has become the latest Western car manufacturer to return to the Iranian car market this week…

CITIC gets ready to pump $10bn into Iranian mining sector

Iranian mining sector: China’s CITIC Group Corporation is getting ready to invest $10bn in Iran’s mining and…

Thousands apply for Iranian credit cards as consumer boom heats up

Iranian credit cards: More than 12.000 Iranians rushed to  apply  for credit cards  yesterday as its…

US treasury accused of ‘terrorism’ as Russia looks to win race to secure foothold in Iranian banking sector

Iranian banking sector: Russian banks  are ready to steal a march on their Western counterparts by…

Swiss win Aprin dry port contract as Iran’s non-oil exports boom

Aprin dry port: The Swiss-based  transport and logistics multinational Transinvest Holdings has signed a 25-year contract with…

Trade with Iran surges – but tensions in Gulf threaten to spoil Tehran’s party

Trade with Iran: Germany became the latest country to report  a jump in exports to Iran yesterday…

Iranian oil industry draws up company list as it seeks to raise $100bn

Iranian oil industry: Iran will issue a preliminary list of international energy companies eligible to take…

Tehran revisits plans for 3,300km Persian pipeline from Gulf to Europe

Iran is reported to be looking  at reviving plans for the so-called Persian pipeline as a…

Tehran Stock Exchange accepted for WFE membership

The World Federation of Exchanges (WFE)  has written to he chairman of of the Tehran Stock…

Belgians to build Tabriz power plant as Iran looks for $30bn for energy sector

Tabriz power plant: A Belgian company has won the contract to build a $700m, 600MW combined cycle…

Tehran and Ankara agree oil for rail swap

The governments in Tehran and Ankara have agreed to a €80m oil for rail swap that…

SPIEF #3: Putin calls on Asian powers to join greater Eurasian Partnership

Eurasian Partnership: Russian President Vladimir Putin wants to set up  an economic union spanning the EEU, China, India,…

Financial centre planned for Iran’s Qeshm Island as window to mainland

Iran wants  to set up a financial centre on Qeshm Island in the Strait of Hormuz to act…

Turkish company wins $4.2bn contract to build string of Iranian power plants

 Iranian power plants: Turkiah  energy company Unit International has reached a $4.2bn  deal with Iran’s energy ministry to…

Norwegian firm close to JV in Iranian petrochemicals sector

Iranian petrochemicals: In what would be one of the first major gas deals to be signed…

SK Networks strikes $1bn deal with Iran’s SAIPA

South Korea’s SK Networks has agreed to procure auto parts and car production materials worth up…

Iran and Azerbaijan agree new Caucasus transit route around Turkey

Caucasus transit route: The authorities in Tehran and Baku are  working on the  creation of a new transit…

Iranian construction industry set to grow at 6.1% annually as FDI returns

The Iranian construction industry is likely to grow by an average of 6.1% over the next…

India and Iran sign off on $500m Chabahar port development

India and Iran this week formally signed the long-anticipated  contract for the development of  Chabahar port in…

Banking restrictions on Iranian euro conversions lifted – but not on dollars

Banking restrictions on Iranian euro conversions have now been lifted, the Director  General of its  foreign ministry’s…