Reported by HPMM Group according to FINANCIAL TRIBUNE; Banks in Switzerland could seize the opportunity of playing a leading role in financing investment projects in Iran, President Hassan Rouhani’s chief of staff said in a meeting with members of Swiss Bankers Association on Thursday. “Iranian bankers prepared a comprehensive guideline for enhancing the sector [even] […]

Reported by HPMM Group according to MEHR NWES; Presidential Chief of Staff Mohammad Nahavandian on Fri. met with Swedish ministers of trade and finance to discuss ways to further expand economic ties between the two countries. In his meeting with Sweden’s Minister of EU Affairs and Trade Ann Linde, Nahavandian stressed Iran’s plans for attracting the maximum volume of […]

Reported by HPMM Group according to FINANCIAL TRIBUNE; it is possible to make changes to the new banknotes, but the public will be informed before any changes are made If the decision made by the Cabinet to change Iran’s monetary unit is implemented, Iranian banknotes will also undergo changes, a deputy governor of the Central […]

Reported by HPMM Group according to FINANCIAL TRIBUNE; representatives of French firms were in Tehran for a three-day visit ending Wednesday to offer solutions in the fields of aerospace maintenance and airport infrastructure, and explore business opportunities in talks with major Iranian airlines, suppliers and MRO companies. The mission included representatives of firms active in […]

Reported by HPMM Group according to FINANCIAL TRIBUNE; Senior officials and trade association leaders from China and Iran have called for reinforcing Beijing’s role in revitalizing infrastructure and trade in Iran. China is well positioned for this since the country has been “a friend” during hard times, Iranian Foreign Minister Mohammad Javad Zarif was quoted […]

Marriott International became the first US hotel group to announce its interest in Iranian tourism market which is witnessing an influx of global hospitality companies in search of opportunities. Reported by HPMM Group according to IRAN-DAILY ; Alex Kyriakidis, president and managing director of Marriott’s Middle East and Africa division,  said the hotel group is […]

Reported by HPMM Group according to IRNA ; Iran’s Presidential Chief of Staff Mohammad Nahavandian arrived in Zurich, Switzerland, late on Wednesday to discuss banking relations with senior Swiss officials. While in the country, Nahavandian is to hold talks with President Johann Schneider-Ammann and Swiss bankers on ways to promote Tehran-Bern banking relations and financial […]

Reported by HPMM Group according to FINANCIAL TRIBUNE; The government has approved changing Iran’s monetary unit from rial to toman, which will lop off one zero from the current national currency rial. The decision was made when ratifying the Central Bank of Iran’s bill during the Cabinet meeting on Wednesday, which was presided by President […]

Reported by HPMM Group according to FINANCIAL TRIBUNE; the Central Bank of Iran’s grand plan to overhaul its financial oversight regime is almost complete and will be unveiled soon, announced the bank’s governor. “The plan to overhaul CBI’s financial regulation practices will be completed by the end of the current month (December 20),” Valiollah Seif […]

Reported by HPMM Group according to FINANCIAL TRIBUNE; the new type of financial statements adopted by the Central Bank of Iran has done nothing to cause Iranian banks’ profit woes, says the director of CBI’s Department for Supervising Banks and Credit Institutions. “The financial statements considered by the CBI have not made the banks suffer […]