All tagged Tehran

Shutters Come Down for Iran’s Cafés and Restaurants

While Iran’s economy has struggled over the last two years, the country has nonetheless seen a boom in new restaurant and café openings, especially in the bustling capital, Tehran. But the COVID-19 outbreak has brought the shutters down at establishments across the country, leaving the owners to wonder if they will ever open again.

As Sanctions Impede Business, Where Next for Iran-Italy Relations?

◢ Despite strong relations, President Trump’s withdrawal from the JCPOA and his reimposition of economic sanctions has introduced significant challenges for Italian enterprises active in Iran. As with other European companies, Italian firms are unwilling to jeopardize their presence in the US market for the sake of opportunities in Iran. Yet, Italy and Europe have every interest to see that Iran continues to be an important trading partner and a supplier of energy.

Cañete to Discuss Vital Central Banking Solution on Iran Visit

◢ Europe’s Commissioner for Climate Action and Energy, Miguel Arias Cañete is set to travel to Tehran this weekend. Cañete’s visit will include discussions on possible new payment mechanisms designed to allow Europe to repatriate oil revenues to Iran’s central bank despite despite Trump’s withdrawal from the nuclear deal, offering a vital lifeline for the Iranian economy as sanctions begin to bite.

Why Tech Companies Get Iran Wrong

◢ Iranian consumers already have access to the latest gadgets from the world's leading brands. What they lack are easy shopping experiences and after sales support. 

◢ Global technology companies needs to go beyond marketing and brand appeal to win over Iranian consumers through customer service.