Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Russia and Iran can sign the document that is expected to become a blueprint for free trade between Iran and the Eurasian Economic Union countries in May. This was announced by Russia’s energy minister and co-head of Iran-Russia Intergovernmental Commission, Alexander Novak, at a meeting of […]

The Iranian government has placed expansion of Iran’s rail network on top of its agenda to facilitate transportation, preserve hydrocarbon fuels and reduce air pollution Reported by HPMM Group according to FINANCIAL TRIBUNE ;     In line with its ambitious railroad expansion plans stipulated in Iran’s Sixth Five-Year Development Plan (2017-22), the Iranian government is strengthening […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Ayandeh Bank, Iran’s private lender that has been hailed both locally and internationally, is currently financing the construction of Iran Mall, an ambitious project based in Tehran. Located in the capital city’s District 22, the project is slated to be among one of the biggest in […]

The amount of foreign investment in Iran’s capital market, including direct and portfolio investment, has reportedly quadrupled since the implementation of the landmark nuclear deal known as the Joint Comprehensive Plan of Action in mid-January 2016 A handful of foreign entities with huge stakes in listed companies from the chemical sector make up more than […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Tehran Stock Exchange’s main index lost 130.70 points or 0.13% to end Wednesday trade at 96,860.3. About 613 million shares valued at $38 million changed hands at TSE for the day. Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday. Pars […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    After a year in the recovery ward, 2017 results show some banks are healing. The most serious illness, negative rates, is stubbornly resistant however. The danger remains that banks may not recover before another disease–financial or technological–strikes. European banks have been in the recovery ward for […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Iran’s Economy Minister Masoud Karbasian met with his Russian counterpart Maxim Oreshkin in Moscow on Monday. The two sides emphasized the need to expand economic cooperation, Mehr News Agency reported. Leading an economic delegation, Karbasian left Iran for Moscow on Sunday for a three-day visit and […]

Announcing that the Tehran commerce chamber would soon send a letter to President Hassan Rouhani over his foreign exchange policies, Masoud Khansari, the TCCIM chief, repeated the private sector’s perennial gripe about the government’s monetary policies Reported by HPMM Group according to FINANCIAL TRIBUNE ;    With the government’s rescue package reining in the foreign exchange […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    The Iranian National Tax Administration collected 800 trillion rials ($17.7 billion) in tax during the first 11 months of the current Iranian year (March 21, 2017-Feb. 19). INTA’s deputy head, Nader Jannati, also told Fars News Agency on Tuesday that direct tax returns stood at about […]