Iran: Tehran eyes up investment office in Dubai

Iran is exploring the option of setting up an inward investment office in Dubai to help funnel money into the Islamic Republic, if a deal can be done to resolve the stand-off over the country’s nuclear programme. The initiative involves businessmen close to President Hassan Rouhani, although it will not necessarily be an official government office. Dubai is already home to an outpost of the state-run Iranian Trade Promotion Organisation, but this new office would rely on more agile private sector actors rather than the lumbering state bureaucracy.