- As the largest commercial bank in Iran and the Middle East with more than 3,300 domestic branches, Bank Melli has managed to obtain the required license from the UK’ banking regulator and is going to be reopened in London. According to the bank’s CEO, they are expanding their international operations and corresponding relations with other banks, aiming to play a more active part in the post-sanctions era.
- Now with the sanctions gone, other chemicals mfg. corporations have started talks with Iranian authorities, in addition to German BASF and ADKL. As the world leader in catalysis and surface science, Haldor Topsoe Company in Denmark has expressed hopes over resuming cooperation in building petrochemical units in Asalouye. Some Portuguese companies are also in negotiation with our country’s officials to play a part in petrochemical and refinery projects.
- In addition to developing pipelines in rural and urban areas for various provinces of the country, officials have announced the beginning of constructing Iran’s 9th cross country gas pipeline, which will be completed in 2 and a half year, transferring the country’s gas to Turkey and Europe. The undersea Iran-Oman gas pipeline has been heard to be at its surveying stage and will enter the execution phase after becoming final.