Brent oil could spike to $80 a barrel if the U.S. and European Union reimpose sanctions on Iran and as Western powers expand the scope of the Syrian civil war, JPMorgan said.
Head of the International Affairs of Export Development Bank of Iran said 30 million euros has been allocated to the bank by signing a direct short term finance contract (re-finance) with the commercial bank of Iran-Europe Hamburg (Eihbank).
Iran proposed a project to electrify a 3,000-kilometer (1,860-mile) railway line that might cost up to 3 billion euros ($3.7 billion), the company's First Deputy CEO Alexander Misharin said.
Economic and Investment Deputy of Arvand Free Zone said in the previous year 10 thousand billion rials and also 250 million dollars were attracted in Arvand free zone as a domestic and foreign investment, respectively.
