TEHRAN - Iran’s Acting Head of the Organization for Investment, Economic, and Technical Assistance announced that, for the first time, the private sector will be able to operate “foreign investment promotion agencies,” a move he described as a significant step toward activating the real engine of Iran’s private economy to capture international capital.

TEHRAN - During a visit of an Iranian trade delegation to Cuba, Samad Hassanzadeh, President of Iran’s Chamber of Commerce, Industries, Mines, and Agriculture, met with Cuba’s Minister of Domestic Trade to discuss expanding economic cooperation between the two countries. Hassanzadeh welcomed Cuba’s investment proposals, highlighting Iran’s capabilities across various sectors, including industry, agricultural technologies, food production, healthcare, mining, tourism, and oil and gas. He emphasized that Iran’s Chamber of Commerce, relying on its members who lead the country’s major economic enterprises, is well-positioned to implement Cuba’s proposed investment initiatives.

TEHRAN - Iran will soon launch Foreign Investment Promotion Agencies across the country to streamline investment procedures and improve services for international investors, according to Mehdi Heidari, Acting Head of the Organization for Investment, Economic, and Technical Assistance of Iran (OIETAI).

TEHRAN - Mokhmoud Najafi-Arab, President of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), called for encouraging Chinese investors to engage more actively in Iran’s economy. Speaking at a joint meeting in Shanghai with Iranian business representatives based in eastern China, Najafi-Arab emphasized that Iran offers major opportunities for foreign and diaspora investment, particularly from China.

Parliament Speaker Mohammad Baqer Qalibaf said that the three branches of the Iranian government should facilitate investment for production by ensuring capital security in Iran.

TEHRAN - The head of Iran’s Planning and Budget Organization announced the launch of two comprehensive national programs titled "Investment for Production" and "Countering Sanctions," aimed at supporting the country's development and addressing current economic challenges.

TEHRAN - In recent weeks, reports of foreign companies, such as Saudi Arabia's Savola Group, the UAE's Majid Al Futtaim, and the European company LLC, exiting the Iranian market have raised concerns. While some view these departures as indicative of Iran's struggles in retaining foreign investment, Hossein Salimi, head of the Iranian-Foreign Joint Investment Association (IFJIA), dismissed such claims in an interview with ILNA.

Economy Minister and Spokesman of Government Economic Team announced that a joint investment agreement between Iran and the United Arab Emirates will be signed in the near future.

Secretary of Iranian Oil, Gas and Petrochemical Products Exporters' Union (OPEX) Hamid Hosseini says China is to allocate credit line for investment in Iran through Iran’s oil revenues in China.

Chairman of Iran-China Joint Chamber of Commerce Majid Reza Hariri believes the Chinese investments in Iran will improve and in upcoming months more investments from China will flood into  the country.