Iran Tender and Business News

Groupe Renault and PARTO NEGIN NASEH Form JV to Build Autos in Iran

PARTO NEGIN NASEH Co., an importer of Renault products in Iran and the Industrial Development & Renovation Organization of Iran (IDRO) have signed a joint venture agreement with Groupe Renault of France, to establish an auto manufacturing plant and simultaneously assist local suppliers of Renault in Iran.

Telepizza Opens First Iran Store

Madrid, Spain, based Telepizza just opened its first Iranian store in Tehran, Iran, on Marzdaran Boulevar. It plans to add two more stores in the area by the end of the month.

South African Agro-Business On Display At IranAgro 2017

For the very first time, South Africa is this week bringing products from the agro-processing sector to the 24th annual International Agricultural Trade Fair in Tehran, Iran. The event began May 23 and concludes on May 26.

Sustainable Human Development Requires Far More Inclusion

Human development is progressing and has recently made major strides in many areas, but many are still left behind, with systemic and often unmeasured barriers to catching up. A new UN report urges a stronger focus on those excluded and on actions to dismantle these barriers to ensure sustainable human development for all.

Spain's Telepizza Group to Enter Iranian Market Starting in March

Madrid-based Telepizza group, the largest non-US pizza delivery company worldwide based on number of stores, will be entering the Iranian market in March 2017, via a strategic master franchise alliance with its partner Momenin Investment Group and the objective of 200 stores in 10 years.

Hong Kong Trade Delegation Visits Iran, Its Sixth-Largest Export Market

Iran is developing as a very important trading partner for Hong Kong, with Hong Kong logging US$107 million in exports just in the first 9 months of 2016, a 16.6% increase from 2015. This is the main reason a Hong Kong business delegation just visited Tehran, the Iranian capital, to explore further business opportunities related to China's Belt and Road Initiative.

First Iran Investment Summit Being Held in Singapore on October 26

Now that sanctions have been lifted, Iran is opening up the country for foreign investment in targeted select projects. The first Iran Investment Summit -- to be held in Singapore on October 26 -- will provide interested investors in the information, access to people, and opportunity to explore many different projects inside the country.

Dire Warnings But Also Hope as IUCN Environmental Congress Opens

A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.

September Conference Focuses on Newly Opened Iranian Telecom Market

Most of the financial and economic sanctions against Iran were lifted internationally as of January 2016. With that came a wave of companies pushing to invest in this newly available market. Telecommunications services are an early part of this new 'gold rush', an opportunity to be explored in detail in the Iran Connect conference to be held next month in Teheran.

Worldwide Cost of Lead Exposure in Developing Countries Almost $1B Annually

The problem of children around the world being exposed to lead -- and the many medical consequences of that -- is still significant even in the 21st century. A study just published by New York University shows the annual economic cost of lead exposure at $977 billion worldwide, with ~$700 billion of that happening just within Asia.

RMB Reaches Nearly 40% Adoption Across Financial Institutions Worldwide

SWIFT data shows a double digit growth of RMB adoption by financial institutions established in all regions. In February 2016, 1,131 banks were using the RMB for payments with mainland China and Hong Kong, representing 37% of all institutions exchanging payments with mainland China and Hong Kong across all currencies.

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