Iran Signs $80b of Oil Deals With Foreign Investors
Iran has signed more than $80 billion of memorandums of understanding with foreign investors to participate in the financing of oil projects, of which more than $5 billion have been converted into contracts, Deputy Minister of Petroleum Houshang Falahatpour says.
Russians Are Top Foreign Investors in Iran
Deputy Minister and Head of Organization for Investment Economic and Technical Assistance of Iran says Russians have been the biggest foreign investors in the country as they have invested $2.7b and mainly in two oil projects in Iran.
Head of KFZO Orders Removal of Economic Hurdles in Way of Investors
–Deputy Head on Tourism of Kish Free Zone Organization (KFZO) says the chairman of the organization Mr. Mehdi Keshavars has ordered the launch of a think-tank for removal of economic hurdles and problems in way of investors in the zone.
European markets edge higher ahead of Joe Biden’s inauguration
Biden will succeed President Donald Trump as the 46th president of the United States shortly after noon ET. U.K. inflation doubled in December, despite stringent coronavirus restrictions over Christmas.