Caspian News | Orkhan Jalilov: Italy and Iran have signed a memorandum of understanding worth 5 billion that will allow Italian companies to make financial investments in Iran. Two Iranian banks, namely Khavar Mianeh (Middle East) Bank and Sanat va Madan Bank (Bank of Industry and Mine), signed a credit agreement in Rome on January 11 with the Italian ...

Press TV- German officials say the Middle East Bank of Iran has received a license to open a branch in the countrys state of Bavaria which hosts a wide range of big industrial names. The announcement was made by Markus Wittmann, a top official with an economic delegation from Bavaria that was in Tehran over the weekend for talks on ways to ...

The head of Middle East Bank, Irans privately-owned bank, said European investment funds are regularly visiting his Tehran offices to express interest in investing in the country once sanctions are lifted. The bank has received groups of investors on a weekly basis since negotiators announced a framework to a final nuclear deal in Switzerland on ...

The international banking sanctions that have crippledIrans economydid not discourage Parviz Aghili from opening what is in effect the countrys only privately owned bank, the Middle East bank, this year. Its focus on domestic corporate clients and wealthy individuals within Irans private sector means it should be able to thrive, says Mr Aghili. Since ...