According to WB’s Economic Monitor report for the MENA region published on Tuesday, Iran is one of two countries in the Middle East and North Africa that are expected to register a high current account surplus in 2017 Reported by HPMM Group according to FINANCIAL TRIBUNE ;Iran has registered a huge increase in its current […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;The Financial-Economic Databank and Iran’s Economic Data Monitoring website, which is the first of its kind, were unveiled on Tuesday, with Economy Minister Ali Tayyebnia and his deputies in attendance. “Information is a valuable resource nowadays and the necessity of establishing a databank has been discussed in […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;A delegation from the Central Bank of Iran will take part in the spring meeting of the International Monetary Fund in the US. The joint meeting of IMF with the World Bank Group is held biannually, with the central bank governors and economy ministers of all member […]
The fund will support private sector initiatives in the absence of a viable sovereign guarantee fund backing ventures worth up to €۵۰ million Reported by HPMM Group according to FINANCIAL TRIBUNE ;The Iranian private sector is setting up its own guarantee fund to facilitate international finance for small- and medium-sized investments, the head of Investment […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;The agreement on Banking and Payment Arrangement signed between Pakistan and Iran has been a positive move, which will significantly increase bilateral trade in the foreseeable future, the president of the Federation of Pakistan’s Chambers of Commerce and Industry said. “Within two months, the direct effects of […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;The Central Bank of Iran does not prioritize cash injection into the market, but only to help the banks support production and job creation, the head of the Economic Office at the Central Bank of Iran said. “CBI’s priority is to increase money supply through the multiplier […]
Iran’s top diplomat noted that foreign investment witnessed a whopping surge of 1,300% to surpass 12.5 trillion rials ($335 million) during the four years of President Hassan Rouhani’s tenure Reported by HPMM Group according to FINANCIAL TRIBUNE ;Foreign Minister Mohammad Javad Zarif heralded better days for Iran’s economy as a result of the opportunities emerging on […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;Iran’s two major coal companies extracted 1.68 million tons of coal and produced 602,958 tons of coal concentrate in the last fiscal year (March 2016-17), which indicates a 21% and 12.95% growth compared with the year before respectively, Iranian Mines and Mining Industries Development and Renovation Organization […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;The new bylaw on corporate governance in Iranian insurance companies has been devised and will be implemented soon, announced the president of Central Insurance of Iran. “One of the most important actions of the insurance industry to support shareholders concerns corporate governance, the ordinance for which has […]
The plan is to move goods from Indian ports to Iran’s Bandar Abbas Port by sea and then to the Iranian port of Bandar Anzali by road and from there to the Russian port of Astrakhan by sea. The goods would then be transported into Russian Federation and Eu INSTC is much shorter than the […]
