Fintech Operations Merit CBI Attention

Reported by HPMM Group according to FINANCIAL TRIBUNE; the Central Bank of Iran should take quick measures for regulating fintech firms to prevent potential problems in future, said the director of IT Center of Export Development Bank of Iran, noting that startups are becoming a key part of Iran’s payment industry. “Lack of regulations for […]

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Australia’s Servcorp opens branch in Tehran

Australia’s Servcorp- the World’s Finest Serviced Offices‎- opened its first branch in the Iranian capital city.   Tehran office is the seventh branch that the Servcorp has opened in the Middle East region. According to the 4-traders, an international stock market and financial news website, the Australian company is planning to open 10 branches in […]

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Trade min. calls for stronger Iran-NZ ties

Iranian Trade Minister Nematzadeh has emphasized the need for a roadmap to develop bilateral ties between Iran and New Zealand. Reported by HPMM Group according to Mehr NEWS ; Iran’s Minister of Industry, Mine and Trade Mohammadreza Nematzadeh made the remarks at a join meeting on Sunday with the visiting New Zealand’s Trade Minister Todd […]

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New Forex Directive to Give Banks More Latitude

Reported by HPMM Group according to FINANCIAL TRIBUNE; The remittance fee required by brokers for transferring money, return on foreign investment and the credit needed for project finance are among issues that will be covered by the new directive The Central Bank of Iran will issue a new foreign exchange directive in the foreseeable future […]

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Slovenian Firms Strike Deals Worth €۱۰m in Iran

Reported by HPMM Group according to FINANCIAL TRIBUNE; Several Slovenian companies, including air domes manufacturer Duol and Iskratel Telco, have signed deals worth €۱۰ million with Iranian partners at the Slovenian-Iranian Business Conference in Tehran on Friday. Duol signed a deal worth €۱ million to construct an air dome at the Imam Khomeini International Airport […]

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ERGO Group Seeking Iran Access

Reported by HPMM Group according to FINANCIAL TRIBUNE; ERGO Group, one of the largest insurance groups in Europe, is keen on entering Iran’s insurance market, Alexander Ankel, chief operating officer of ERGO International, told the 23rd International Conference on Insurance and Development in Tehran on Saturday. “Several new insurance companies have been established in Iran […]

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Swiss Delegation to Discuss Banking Problems With Economy Ministry, CBI

Reported by HPMM Group according to FINANCIAL TRIBUNE; Top officials from Switzerland’s Federal Department of Economic Affairs, Education and Research and State Secretariat for Economic Affairs are set to visit Tehran next week. “ Swiss delegates are set to hold talks with the Iranian Economy Minister Ali Tayyebnia, Central Bank of Iran officials and chief […]

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ICCIMA Hosts New Zealand Delegation

Reported by HPMM Group according to FINANCIAL TRIBUNE;Iran Chamber of Commerce, Industries, Mines and Agriculture hosted the Iran-New Zealand Economic Forum on Saturday. Present at the gathering were New Zealand’s Trade Minister Todd McClay and his accompanying 30-strong trade delegation. The delegates represented economic sectors of the South Pacific country, including agriculture, food, new energies […]

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Foreign Investment in Iranian Securities Made Easy

Reported by HPMM Group according to FINANCIAL TRIBUNE; based on the contract, foreigners who choose to do business with Mellat can open bank accounts in its branches worldwide. When investors decide to buy securities, Mellat will exchange their money to rials at open market rates within a day. Iranian officials are working hard to streamline […]

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EGFI to Start Forex Hedging in a Month

Reported by HPMM Group according to FINANCIAL TRIBUNE; export Guarantee Fund of Iran, the state-owned export credit agency, will start offering insurance coverage for fluctuations in foreign exchange rates, mainly to support Iranian exporters, said a board member of the fund. “The government’s economic commission has approved our proposal for offering forex hedging. The Cabinet […]

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