RSS Feed
March 29th, 2016 
Awake Goy The approval makes Bank Muscat one of the first foreign financial firms to establish a presence in Iran following the recent implementation of the Joint Comprehensive Plan of Action (JCPOA) between Tehran and six world powers, the Jordanian news website al-Bawaba reported on Monday.
Bank Muscat did not give any information about when the bank will officially start its activity in the Islamic Republic.
Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) reached a nuclear deal on July 14, 2015 and started implementing it on January 16.
The comprehensive nuclear deal, known as JCPOA, terminated all nuclear-related sanctions imposed on Iran.
Source Article from http://theiranproject.com/blog/2016/03/29/bank-muscat-open-branch-tehran/
Views: 0
Posted in 
Tags: 
