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13 Nov 2024 18:32

Advertising & Marketing

Dentsu Aegis Network Formalizes Partnership in Iran creating Carat-ICA

Dentsu Aegis Network, today announces a new partnership with ICA – International Communications Agency – in Iran. The two agencies began working together in January 2015 and have now officially formed their first partnership, Carat-ICA. With offices based in Tehran, Carat-ICA will take full responsibility for the media planning and buying requirements of Carat and other Dentsu Aegis Network clients in Iran going forward. 

With more than 70 million people, Iran is one of the largest and fastest- growing countries in the Middle East. In step with strides being made in the country’s media scene, Carat MENA  anticipates new opportunities for brands to conquer this huge market. The newly formed and exclusive Carat-ICA alliance aims to add value to both clients and media stakeholders.  

With offices in Tehran and Dubai, ICA has  unique insight into the opportunities available and the necessary marketing research expertise. The Tehran office has 35 dedicated media, creative and digital  specialists. Existing clients already building their presence  in the market include Reebok, Dr. Wolff, Native Union and Telda.

Speaking of the agreement, Michael Nederlof, CEO of Dentsu Aegis Network, MENA said: “We have been doing business with ICA under the paramenters of the pre-existing sanctions and regulations since January this year and moving forward we forecast a bright future for the Iranian market.” 

“The newly formed Carat-ICA  partnership has the on-the-ground capabilities and a ‘Generation Y’ team of digital and media experts. This, paired with our network’s global resources, skills and knowledge, will allow us to support the needs of our clients in Iran and add another key growth market to our offering.”

Ben Karmi, Managing Director Carat-ICA added: “We were looking at ways we could further evolve and improve our offering to both new and existing clients. Carat’s, and the wider Dentsu Aegis Network’s, focus on innovation and their entrepreneurial spirit made them the perfect fit. Through its various agency businesses, Dentsu Aegis has a full service offering and I look forward to working together to deliver their vision of ‘Innovating the way brands are built’ in Iran.

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