Economy of Iran

Foreign investors try to tap into Iran

A few investors are racing to establish funds for Iran following last week's nuclear deal with world powers, and many others are tapping into multinationals already present in the $400 billion economy.

The agreement has made some seek a foothold in Tehran's $100 billion stock market even before sanctions are lifted, although others are taking a more cautious approach.

Iran link documented in official report for Turkey's corruption probe

A customs ministry report has showed that several companies of Reza Zarrab, an Iranian-Turkish businessman who was embroiled in Turkey?s huge graft probe that went public in December 2013, made both money and gold transfers to Babek Zencani, another Iranian businessman currently imprisoned in Iran on accusations of corruption. 

Iran Nuclear Deal Talks Continue

Negotiations over the Iranian nuclear program will continue until the end of the day on Friday.

The talks between representatives of Iran and the rest of the Great powers will continue in Viena.

Months after the negotiations and preliminary agreement in April, discussions are still ongoing and will be aimed at the full lift of economic sanctions against Iran.