$200b of investment in oil industry planned for this year

TEHRAN- Iran plans to make investment as much as $200 billion in the oil industry, relying on domestic capacities and international contracts, in the current [Iranian calendar] year (started on March 21), Oil Minister Javad Oji has said.

Over $230m invested in agricultural mechanization in 11 months

TEHRAN- As announced by the head of Iran’s Agricultural Mechanization Development Center, 60 trillion rials (about $230.7 million) has been invested in the agricultural mechanization sector of the country in the current Iranian calendar year (began on March 20, 2021).

Private sector to invest $65.6m in Bushehr’s tourism 

TEHRAN – The private sector is planning to invest 18.5 trillion rials ($65.6 m) in the tourism sector of the southwestern Bushehr province, the provincial tourism chief has announced. 

$142m invested in West Azarbaijan tourism

TEHRAN – Some six trillion rials ($142.8 million at the official exchange rate of 42,000 rials per dollar) has been invested in the tourism sector of West Azarbaijan, the provincial tourism chief has announced. 

Iranian minister hails investment in tourism

TEHRAN – Iranian tourism minister on Monday hailed further investment in the realm of the travel industry as the Islamic Republic is preparing to jumpstart tourism following months of recession caused by the pandemic.

People participate in restoration of 8,000 historical monuments

TEHRAN – People have participated in the restoration of some 8,000 historical monuments [and relics] over the past couple of years, a senior advisor to Iran’s tourism minister has said.

Private sector invests $523 m in North Khorasan’s tourism

TEHRAN – The private sector has invested 22 trillion rials (some $523 million at the official exchange rate of 42,000 rials per dollar) in the tourism sector of the northeastern province of North Khorasan during the first half of the current Iranian calendar year (started March 21).

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Startup Activist, Mitra Ferdows Shares Her Expertise on Supporting Startups

Mitra Ferdows, a startup investment expert, stressed the need to support new businesses and startups in a meeting with academic elites and investors.

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Startup Activist, Mitra Ferdows Shares Her Expertise on Supporting Startups 

Mitra Ferdows, a startup investment expert, stressed the need to support new businesses and startups in a meeting with academic elites and investors.

Iranian, Indian travel experts discuss Shiraz history, tourism, and culture

TEHRAN – A number of travelers, tour operators, and marketers exchanged views on Shiraz, its history, culture, and unique travel destinations during a webinar held on Monday evening.

Investment in Qazvin’s tourism sector rises by 287%

TEHRAN – Some 6.3 trillion rials ($150 million at the official rate of 42,000 rials) have been invested in the tourism sector of the northwestern province of Qazvin over the past seven years, which shows a 287 percent increase, the provincial tourism chief has said. 

Private sector investing $7.3b in Khorasan Razavi tourism projects

TEHRAN – Currently, 243 tourism-related projects worth 310 trillion rials (around $7.3 billion at the official rate of 42,000 rials) are currently being developed in Khorasan Razavi province by private investors. 

Chabahar airport project a ‘major stimulus’ to attract tourists, investors

TEHRAN - Chabahar Free Trade–Industrial Zone Organization is planning to build an international airport which would be a major stimulus to attract both tourists and investors to the region in the southeastern Sistan-Baluchestan province.

World’s first curved glass suspension bridge inaugurated in Iran

TEHRAN – A suspension bridge made of curved sheets of glass, which is the first of its kind in the world, has officially been inaugurated in Ardebil province, northwest Iran, IRIB reported on Friday.

Over 50 firms seek to invest in IKAC’s free trade zone

TEHRAN - Over 50 Iranian companies have put in requests to invest in [the newly established] free trade zone of the Imam Khomeini Airport City, IKAC managing director Ali Rostami said.

Kish to host Symposium of ECO Tourism Investment Opportunities

TEHRAN – Iran’s southern Kish Island will host the Symposium of ECO Tourism Investment Opportunities on December 11-12.

Chabahar Free Zone seeks to attract more travelers

TEHRAN – Chabahar Free Zone Organization plans to develop tourism infrastructure in order to attract more travelers to the port area, which is situated in Iran’s southeastern Sistan-Baluchestan province.

30,000 Iranians obtained visas for Spain in 2018, envoy says

TEHRAN – Some 30,000 Iranians got visas for Spain in 2018, Madrid’s ambassador to Tehran has said.

Tehran to host 4th Intl. Health Congress of Islamic Countries

TEHRAN – The 4th International Health Congress of Islamic Countries, which is aimed to bring together senior scholars, academia, and experts from the public and private sectors, will be held in Tehran’s Homa Hotel from October 9 to 11.

Tourism a top priority in Iran-ITC cooperation

Tourism industry has been selected as a top priority in cooperation between Iran and the International Trade Centre (ITC) for development of exports, Vali Teymouri, Iran’s deputy tourism chief announced on Wednesday, Mehr reported.

Turkish company to build vast tourism complex in Kish

TEHRAN – A Turkish company is going to construct a large tourism complex in Iran’s southern island of Kish with making investment as much as $100 million.

Sierra Leone welcomes Iranian private sector investments

TEHRAN- In a meeting between Ambassador of Sierra Leone to Tehran Alimamy Kamara and Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Masoud Khansari, the African envoy invited Iranian private sector to invest on his country’s education and health sectors, the portal of TCCIMA reported.