Iran to see more foreign investments
Iran received $4.15 billion of foreign investments in 2011 and $1.15 billion in 2012 (0.24% of the GDP).
The Economist says that Iran will receive $1.23 billion of foreign investments (0.23% of the GDP).
Investments will increase to $1.3 billion (0.22% of the GDP) in 2014, $1.8 billion in 2015 and 2016 (0.26% and 0.23% of the GDP respectively) and $2 billion in 2017.
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May 17 2013 - 12:53
Iran plans to form two new air companies this year. The country has 18 air companies, Trend cites Hamid Reza Pehlevani, head of the Iranian Civil Aviation Organization.Iran will receive 19 new planes, including Airbus 340, Fokker 100 and other models.Fars reported in April 2012 that Iran was planning to replace 25 old planes with new models.
May 15 2013 - 13:40
The Iranian Central Bank will publish a banknote worth 200,000 rials (about $16.3) before the end of the year (March 21, 2014), spokesman of the bank Majid Sanei says.The Central Bank plans release of banknotes worth 500,000 and 1 million rials.Western sanctions against petroleum exports and banking caused 30% inflation in Iran last year.
May 14 2013 - 10:20
Ahmed Ali Akber, an assistant of Iranian petroleum minister, will visit Cairo to discuss increase of gas supplies for Egypt, Al Jazeera reports.He will discuss cooperation in exploration of oil, refining and construction of refineries in Egypt. Iran will offer Egypt projects to drill new oil and gas wells at Nile Delta.Iran has exported gas worth $100 million in the last one and a half years.
May 13 2013 - 12:10
Iran will spend $5 billion on national defenses, exceeding the sum of the previous year by 127%, Fars reports on Monday.Iranian President Mahmoud Ahmadinejad said that the national should be strong to protect its independence and national security. Three new military innovations were presented in April 2013.Iranian Defense Minister Ahmad Wahidi said that Iran will present a new jet and cruise missile in the near future.
May 11 2013 - 13:15
The Iranian cargo ship Zangan-3 crashed into a bridge on the Volga last night. The incident occurred not far from the Russian city of Astrakhan, the local office of the Ministry for Emergency Situations reports. No one was injured during the incident.
May 8 2013 - 18:15
The second protocol of the Tehran Convention on the Caspian Environment was signed today by the Russian Deputy Minister of the Environment, Nokolay Popov, during his visit to Iran.
May 3 2013 - 12:04
Iran will build a light-water reactor in the Zargan Village of Shiraz, ISNA cites Fars Governor Hossein Sadig Abedin.
Apr 30 2013 - 17:28
Iran is going to start the construction of the second drilling platform in the southern part of the Caspian Sea,
