The directive, announced unexpectedly by the Ministry of Industries, Mining and Trade on Wednesday, states that import orders by merchants based on US currency would no longer be allowed to go through Reported by HPMM Group according to FINANCIAL TRIBUNE ; The new directive, which bans the use of the US dollar in import order […]
Moody’s raised estimates of G-20 economies, namely, Japan, Germany, France, UK, South Korea, Russia, Saudi Arabia, South Africa and Turkey Reported by HPMM Group according to FINANCIAL TRIBUNE ; Global economic growth will turn higher and peak in 2018, driven by improvement in advanced economies. Gently rising inflation will prompt tighter monetary policy that will […]
The Swiss side is to transfer technical know-how to Kerman Province’s Polour Sabz Industrial Group, which will be jointly carried out with Stadler Rail Group Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran’s drive to bolster the role of railroads in domestic transportation made fresh headway, as the Industrial Development and Renovation Organization […]
According to the bank’s website, the brand value of the private lender has been put at $1.17 billion which marks a 19.6% growth compared with the previous year Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Banker’s Top 500 Banking Brands for 2018–an annual report ranking the world’s most valuable banking brands–has been […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Top representatives of Bank Melli Iran, the country’s biggest bank, and Spain’s Aresbank met on Tuesday to prepare the ground for expanding ties in the near future. “The requirements for allocating short- and long-term facilities have been determined and Aresbank is ready to discuss this,” Luis […]
IMF chief: Many jobs will be affected one way or another. Some of them will disappear, but many more will be affected because of automation. So we need to think about the future of work Reported by HPMM Group according to FINANCIAL TRIBUNE ; Central banks need to stay vigilant as uncertainty remains over the […]
Iran holds a 22% share ($2.5 billion) of Afghanistan’s $11.5 billion consumer market Reported by HPMM Group according to FINANCIAL TRIBUNE ; Officials of Afghanistan and Iran agreed in a meeting that Afghan goods trucks can cross into Iran without having to present bank guarantee letters. In addition, border tariffs will also decrease, Afghan news […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The 15th meeting of the Iran-Armenia Intergovernmental Commission was held in Armenia’s capital city of Yerevan on Monday and Tuesday. Iran’s Energy Minister Reza Ardakanian said on Tuesday that Iran views Armenia as a gateway for entering the Eurasian Economic Union markets, Armenian news agency NEWS.am […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Aseminar titled “Investment Opportunities in Iran” was held at the South Korea Chamber of Commerce and Industry in the South Korean capital Seoul on Monday. Iran’s Ambassador to South Korea Hassan Taherian was a keynote speaker at the event, elaborating on Iran’s capacities to attract foreign […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; As lackluster banking relations have hampered Iran’s economic prospects despite the lifting of sanctions after the implementation of the 2016 nuclear deal, it looks like the country’s ties with Russia and banking links are expanding. Mir Business Bank, the Russia-based subsidiary of Bank Melli Iran, is […]
