Westminster Group Places Iran Projects on Hold

EghtesadOnline: Security solutions supplier Westminster Group PLC said on Tuesday it has placed two projects in Iran on hold, as US President Donald Trump has decided to reimpose sanctions on the Islamic Republic.

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Publish Date:30/June/2018 | 14:22

Iranian Banks Finalize Finance Deal with Russia Eximbank

EghtesadOnline: Months after the Central Bank of Iran clinched an agreement with the Export Insurance Agency of Russia to pave the way for Russian banks to fund Iranian projects, four Iranian banks have signed an "unlimited finance deal" with the Eximbank of Russia.

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Publish Date:14/January/2018 | 11:09

Russian Funds for Iranian Projects to Boost Infrastructure

EghtesadOnline: The funds attracted from the Eximbank of Russia will be mainly used for implementing infrastructure projects and not importing consumer goods, the director of the Organization for Investment, Economic and Technical Assistance of Iran announced.

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Publish Date:31/December/2017 | 10:56

Closer Economic Ties Pending Removal of Banking Obstacles

EghtesadOnline: In a business forum held in Rome on Monday, scores of Italian investors and economic officials voiced readiness to further expand their presence in various Iranian projects once all banking obstacles are removed.

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Publish Date:29/November/2017 | 13:41

Iranian projects to get €100-million credit line: Czech envoy

EghtesadOnline: Tehran and Prague are going to sign an accord to secure investments in both countries, including opening a €100-million credit line for Iranian projects, said the Czech Republic envoy to Iran on Saturday night.

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Publish Date:24/October/2017 | 14:12

Iranian Projects Using $30b of Foreign Finance Specified

EghtesadOnline: According to Iran’s budget bill for the 2017-18 fiscal year, the government is allowed to attract up to $55 billion in foreign finance, of which projects using $30 billion have already been specified, a deputy roads and urban development minister said.

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Publish Date:23/September/2017 | 13:04

Khatam al-Anbiya Agrees to Forgo Less Than $53m Projects

EghtesadOnline: The government of President Hassan Rouhani and Khatam al-Anbiya Construction Headquarters, an engineering conglomerate affiliated to the Islamic Revolution Guards Corps, have reached an agreement on the scope of the latter’s engagement in the country’s development projects.

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Publish Date:26/July/2017 | 09:43

European Finance Held Up by Banking Issues

EghtesadOnline: German investors received more than $2 billion in loans in 2016 to finance Iranian projects, but these have been held up for various reasons, an official of the German financial regulatory authority BaFin announced.

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Publish Date:06/May/2017 | 08:56

Japan to invest $6.9 billion in Iran's projects

EghtesadOnline: The Government of Japan has expressed readiness to allocate 6.9 billion dollars to fund five projects in Iran in a bid to continue expand bilateral relations between the two countries as well as humanitarian issues.

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Publish Date:08/February/2017 | 11:18

German Rail Operator, Deutsche Telekom End Iran Projects

EghtesadOnline: German rail operator Deutsche Bahn and Deutsche Telekom are ending projects in Iran after Washington imposed new sanctions against Tehran and said firms doing business with Iran would be barred from doing business with the United States.

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Publish Date:18/August/2018 | 04:28

No Obstacle to Chinese Finance for Iran Projects

EghtesadOnline: China's ambassador to Iran said the channel for facilitating new finance from the world's second largest economy is open for Tehran, assuring the Iranian business community that recent banking hurdles and the alleged closure of Iranian account are only temporary.

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Publish Date:13/August/2017 | 10:58

AIIB Assessing Iranian Projects for Funding

EghtesadOnline: The Asian Infrastructure Investment Bank is ready to finalize the assessment report on projects introduced by Iran to the China-based lender to receive funding, AIIB’s deputies announced.

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Publish Date:21/June/2017 | 06:30

$8 Billion Kexim Finance for Iran Finalized

EghtesadOnline: The better chunk of the two-part South Korean finance for Iranian projects has reportedly been finalized by the two countries’ officials.

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Publish Date:20/June/2017 | 05:59

Private Sector Invests Record $11b in State Projects

EghtesadOnline: The Iranian private sector has invested 420 trillion rials ($11 billion) in Iran’s development projects since President Hassan Rouhani took office in 2013, according to the Minister of Roads and Urban Development Abbas Akohundi.

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Publish Date:15/February/2017 | 11:31

$7.5 Billion Allocated to Unfinished Projects

EghtesadOnline: In the budget bill for the upcoming Iranian year (to start March 21, 2017), the government has earmarked 300 trillion rials ($7.5 billion at market exchange rate) for the completion of unfinished development projects.

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Publish Date:21/January/2017 | 05:16