August 7, The Iran Project Tehran-Moscow's banking relationship is now at its best conditions, says Executive Director of Iran's Export Development Bank on Monday. Referring to the recent visit of the Iranian Banking delegation to Russia, Ali Saleh Abadi stressed the willingness of Russian famous banks to expand their banking relations with ...

Tehran, Aug 4, IRNA - Valiollah Seif, governor of the Central Bank of Iran, said on Monday that Tehran plans to lift restrictions on establishing foreign banks in the country. 'There is no limitation for setting up foreign banks in the free trade zones and they can establish independent banks and branches there, but setting up an independent bank ...

A power line contract worth 107 million euros has been signed between Iran and Armenia. The Export Development Bank of Iran offers 83 million euros in finances for the implementation of the project. The agreement was signed during a visit to Yerevan by an Iranian delegation last week. The power line is expected to become operational in 18 months....

A new EU court ruling that rejected sanctions on a number of Iranian entities has drawn the ire of the United States, prompting Washington to extend its illegal embargoes against more individuals and businesses. The EUs General Court in Luxembourg lifted the blocs sanctions against seven Iranian companies on Friday, ruling that there wasn't sufficient ...