Iran & world News

Iran, Saudi Arabia Formally Restore Ties: Spokesman

The spokesperson for the Iranian Foreign Ministry announced the official restoration of diplomatic relations with Saudi Arabia as of Thursday, April 6. Speaking to reporters in Beijing on Thursday, Nasser Kanaani lauded the “very good” negotiations held between the Iranian and Saudi foreign ministers in a “totally positive and constructive atmosphere” in the Chinese capital. As...

WTC News

Saudi, Kuwaiti Economic Activists Keen on Investing in Iran

Saudi and Kuwaiti economic activists have voiced their readiness to invest in the Islamic Republic of Iran after a thaw between Tehran and Riyadh, the head of the Iran World Trade Center said. Mohammad Reza Sabzalipour added that the stability of the exchange rate is the major concern of foreign investors in Iran in order to plan their long-term working policies and manage their activities in...

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