25 Aug 2016 – A message from Gerard Seeber, Consul General and Senior Trade Commissioner MENA, based in Dubai

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Through a network of offices and trade representatives in over 150 locations, including Dubai, Abu Dhabi, Riyadh, Jeddah, Kuwait City, Rabat and new offices opening in Doha and Tehran, Austrade assists Australian companies to grow their international business, attract productive foreign direct investment into Australia, and promote Australia’s education sector internationally. Austrade looks to broaden the relationship with the region from traditional traded items such as agricultural commodities and food, mineral commodities and automotive vehicles. Read more…

25 Jan 2016 – Enhancing trade and investment ties across the Middle East

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The Australia Unlimited Middle East North Africa (AU MENA) 2016 promotion will showcase Australia’s capabilities across various industry sectors and enhance investment and education links with the region. Now in its fourth year, AU MENA 2016 will be held in the UAE, Qatar, Kuwait, Saudi Arabia and Egypt, from 24 January to 1 February 2016. It is the first time Egypt has been included in the promotion. Read more…

17 Jul 2016 – Iran opens talks with Siemens and Rolls-Royce on energy investment

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Iran is stepping up the hunt for overseas investment in its energy infrastructure after talks with Siemens and Rolls-Royce that point to the gradual opening of the country’s economy following the lifting of international sanctions. Hamid Chitchian, Iran’s energy minister, met representatives of both companies in London last week to discuss collaboration in power generation technology. Read more…

13 Jul 2016 – After a Taste of Doing Business in Iran, P&G Is Eager to Re-Engage

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Like many Western firms, Procter & Gamble Co. is eyeing new opportunities in Iran following the relaxing of trade sanctions earlier this year. But for a Swiss subsidiary of the U.S. consumer goods giant, Iran already is a very familiar market. Starting with market research in 2003, and culminating with more than $100 million in sales in the year ended in mid-2010, Geneva-based Procter & Gamble International Operations SA’s business in “Parthia”—an in-house byword for the Middle Eastern country—was a success story. Read more…

11 Jul 2016 – Iran expecting revenue influx from oil

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The Iranian government expects to bring in at least $40 billion in investments per year to an opening oil industry, a deputy trade official said. According to Deputy Petroleum Minister for International Affairs and Trading Amir Hossein Zamaninia, Iran expects to see signatures on the first new post-sanctions oil contracts within the next three months. Characterising the current status of the oil industry as satisfactory, the minister said Iran expects to bring in significant revenue from oil once new contracts unfold. Read more…

29 Jun 2016 – Brexit Impact: UK Could Drop Sanctions To Trade With Iran

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With Britons having voted to exit the European Union, Britain could eventually expand its trade with Iran — a country hungry for foreign investment, especially in its energy sector, compliance attorneys at the New York-based Sheppard Mullin told International Business Times. In the wake of a so-called Brexit, a warmer relationship between Britain and Iran could offer both countries solid economic opportunities. Read more…