MOU INKED BETWEEN INVESTORS GROUP IRAN AND TBY

Istanbul, 27 February 2018, Representatives from TBY and Investors Group Iran (IGI) gathered at TBY's offices in Istanbul, Turkey, to sign a Memorandum of Understanding that will help further the annual research the latter undertakes on Iran's economy.

At the MOU signing ceremony, which took place last Friday, 23 February, Oliver Naderi, the CEO of IGI, and Ioana Popa, TBY's Iran Country Manager officially confirmed their cooperation to compile and produce The Business Year: Iran 2018. This marks the first collaboration between the two organizations.

Mr. Naderi commented, “Investors Group Iran is proud to be the partner of TBY for the 5th edition of The Business Year: Iran 2018. This alliance gives both parties the possibility to present the investment and business opportunities in Iran globally. Iran is one of the world's most significant emerging markets with a GDP of EUR 450 billion and a population of 80 million in a very important strategic and geopolitical position. We are confident that our country has much to offer given our competitiveness in key sectors such oil & gas, petrochemical, renewable energy, mining, agriculture and tourism."

These sectors, and many more will be covered in the The Business Year: Iran 2018, which will be a fundamental guide to the investment scenario of the country, including industry, transport, real estate, tourism, among developments in other sectors. The publication will contain interviews with the key business leaders and representatives as well as reviews on every sector. The publication will be available in print and online.

Ms. Popa highlighted, “our aim is to continue our in-depth analysis of the Iranian economy, based on in-depth discussion with key figures in the business community, and without a doubt our partnership with IGI will be invaluable in this pursuit."

edition will follow on from the research conducted for The Business Year: Iran 2017, produced in partnership with the Ministry of Industry, Mines and Trade, and opened by the words of Dr. Hassan Rouhani, President of the Islamic Republic of Iran.

Ayse Valentin, TBY's CEO, also commented on the role this Iran publication will play in TBY's overall global footprint. “An often underreported market, the Iranian market is a key focus for The Business Year in its quest to portray what goes on behind the scenes of some of the world's most dynamic business environments. Iran boasts a plethora of opportunities for a global investor, and TBY's partnership with IGI will certainly help us to bring these to the fore in our upcoming coverage."

About Investors Group Iran

Investors Group Iran (IGI) is a major Investment & Consulting company in Iran, with an extensive investment portfolio of successful businesses and partnerships that operate in Iran and the MENA region. One of its key ambitions is to bring foreign investment and new technologies to Iran to give a significant input to the economy. This will help us to have a more efficient production line and create new jobs in the country.