Saturday, 25 July 2015

Iran eyes return to SWIFT system, foreign stakes in privatisations | GulfNews.com

Iran eyes return to SWIFT system, foreign stakes in privatisations | GulfNews.com:



"Iran expects to rejoin the international electronic payment system SWIFT three months after sanctions imposed on it are lifted and it will also become easier for foreign firms to take part in privatisations in Iran, a senior Iranian official said.



His remarks suggested Iran’s long isolated but high-potential, energy-based economy will be open for investment once sanctions are removed as a result of its July 14 deal with world powers placing limits on its disputed nuclear programme. 




Industry Minister Mohammad Reza Nematzadeh also said Iran’s foreign reserves total between $115 billion (Dh463.5 billion) and $125 billion, including assets in its sovereign wealth fund."



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Qatar backs Iran deal, hopes Tehran will take ‘positive’ stance | GulfNews.com

Qatar backs Iran deal, hopes Tehran will take ‘positive’ stance | GulfNews.com:



"Qatar supports the Iran nuclear deal and hopes it will produce a “positive” approach by the Islamic republic to its immediate region, Qatari state news agency QNA reported on Thursday.



“Qatar is one of the first countries to support and encourage settling this issue through peaceful means,” Foreign Minister Khaled Al Attiyah was quoted as saying in a CNN interview.



“This deal might relax Iran and give Iran the confidence that there is no conspiracy theory and will make Iran have (a) better and positive approach toward our region ... in Qatar we would like to see the more positive view, which is Iran getting a little bit more relaxed.”"



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