British Airways, the UK’s flagship carrier, has opened a new office in Tehran, the head of Asia Pacific and Middle East Sales at BA said.
“Iranian customers can choose their flights…
80-million market
<p><span style="color:rgb(19, 19, 19); font-family:tahoma; font-size:17px">“Iran's population of roughly 80 million is well educated with a healthy demographic distribution of 50% under the age of 30. There is a lot of demand for high-quality products in the market.”</span></p>
<p><span style="font-size:17px">Trace foreign businesses' attempts to enter Iran , after the lifting of the sanctions on mid-January 2016:</span></p>
German manufacturing company and leading global filtration specialist, MANN+HUMMEL, opened an office in Tehran and for the first time has its own representation in Iran.
An official at the French industrial conglomerate Groupe NOX said Iran’s nuclear deal with world powers which took effect last year has improved the prospects for financial and trade ties between…
France’s CMA CGM, the world’s third largest container shipping group, has launched a Tehran office. “CMA CGM Group has appointed CMA CGM Pars as its new agency in Iran as of May 1, 2017,” reads a…
An Irish fashion e-commerce retailer, iClothing.com, has announced it will expand into the Iranian market, according to an interview with Dublin’s Business Post.
iClothing.com is an Irish-…
Munich Re, the world’s top reinsurance company, is prepared to offer reinsurance coverage for life insurance and non-life insurance categories to Iranian firms.
Yum! is the only foreign trademark registered in Iran in the fast food sector, says the legal director of Z.K.D. Corporation, the representative of the American brand in Iran.
“Burger Sun…
Following the imposition of financial sanctions in 2012 by the US for its nuclear program, it was almost impossible for the west to do any business with Iran. Those sanctions were lifted earlier…
Iran’s changing place in the regional and global trade arenas will feature at this year’s Middle East Terminal Operations Conference and Exhibition, taking place on December 6-7 in Dubai, UAE.…
Despite the challenges surrounding the drop in global oil prices and the Iranian government experiencing problems in financial cash flow due to years of sanctions, Iran’s construction market is…
When those 2016 Year in Review pieces start appearing, one of the news stories featured will be the resumption of business and commercial interests in Iran, after years of that nation being off-…
Organized by MillionaireAsia Pte Ltd and in collaboration with Hong Kong-based Basio Consultants and Services Ltd, the First Iran Investment Summit will be held in Singapore on October 26. A large…
Turkish companies’ garment exports to Iran hit $237 million in the first eight months of 2016, with a 219% increase compared with the same period of a year before, the president of Istanbul …
Australian natural health company Blackmores has become one of the first businesses to secure a deal to gain access to a new Iranian market of 80 million people after the lifting of sanctions on…
Bahman Group has been assembling Mazda 3, known as Axela in Japan, since 2007, with all the major components and technology provided by Japan’s Mazda Motor Corp. under a complete knocked-down deal…
The reopening of the Irish Embassy in Iran would be a “game changer” in the post-Brexit climate and open up access for Ireland to a market of a quarter of a billion people, Ireland’s Agriculture…
Like many western firms, Procter & Gamble Co. is eying new opportunities in Iran following the relaxing of trade sanctions earlier this year.
However, for a Swiss subsidiary of the US…
Norway’s fisheries minister has indicated that a newly sanctions-free Iran could become a lucrative seafood market for the Scandinavian country.
“With the repeal of sanctions, we are facing…
A forum on halal business prospects in Iran opened in Kuala Lumpur on Tuesday with the aim of promoting investment in the increasingly lucrative sector and boosting halal trade between the two…
Last summer lawmakers in the United States warned the Obama administration that the world "cannot" trust Iran. "No part of this (nuclear) agreement relies on trust. It is all based on thorough and…
Germany-based fragrance and flavor company Symrise opened “Symrise Parsian”—its own site in Tehran—on Thursday.
The company will also set up sales offices and application-specific…
Malaysia’s External Trade Development Corporation, MATRADE, has urged Malaysian lenders to support domestic companies’ trade and investment in post-sanctions Iran.
Dutch ingredients producer Barentz International has established a new joint distribution venture in Iran with Future Way Holding to tap into the formerly-restricted market.
The JV will…
Al-Futtaim Group is considering entry into Iran as the Dubai-based conglomerate seeks to grow its retail offering in populous markets, a company official said.
“We are closely monitoring…
South Korea's biggest carmakers are seeking to expand business in Iran.
The country's top carmakers are busy strengthening their foothold in Iran’s alluring automobile market, especially…
