Reported by HPMM Group according to FINANCIAL TRIBUNE ; Afreight train arrived in Iran’s northern border city of Astara from Russia’s St. Petersburg on Thursday, marking the inauguration of a cross-border strand of the International North-South Transportation Corridor. The train made its journey through Azerbaijan, using the so-called Astara-Astara Railroad, which connects the Iranian city […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Setting a strong pace for 2018, Muscat-based low-cost airline SalamAir has announced the launch of its first destination in Iran. Starting Feb. 28, the airline will operate two weekly flights to Shiraz and back with ticket fares as low as OMR80 (about $208), Muscat Daily reported. […]
The conference highlighted successes in the Iranian banking sector, international correspondent banking relations and cross-border trade finance Reported by HPMM Group according to FINANCIAL TRIBUNE ; As high-profile Iranian and European officials gathered in Paris on Thursday for the Euromoney Iran Conference 2018, an upbeat mood permeated the event with participants forecasting better investment prospects […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; In about 10 days from now, the Financial Action Task Force–an international anti-money laundering group–will hold its regular plenary meeting in Paris to consider, among other items on its agenda, the Islamic Republic of Iran’s progress report on implementing an action plan to improve its anti-money […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Money and Credit Council, a top financial decision-making body, has approved regulations supervising the issuance of mortgage-backed securities, paving the way for all banks and credit institutions to tap into housing bonds. According to the Central Bank of Iran, whose governor heads the council and published […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Information on all foreign exchange traders’ transactions must be shared with the Iranian National Tax Administration, which are subject to income tax, the organization announced on Wednesday. “Institutional and non-institutional traders, bureaux de change, banks and financial and credit institutions and the Central Bank of Iran […]
The number of audiobook titles in Iran is expected to witness a tenfold rise in three years New formats, including ebooks and audiobooks, expand the scope of the book and publishing industry, create new revenue streams, sustain the current target audience and help attract new ones Reported by HPMM Group according to FINANCIAL TRIBUNE ; […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; China’s Chengda Engineering Company has finished the preliminary design of Section 3 of Tehran-North Freeway, the company’s investment representative in Iran said. “Negotiations between the Chinese company and Iran’s Islamic Revolution Mostazafan Foundation officials on designing, financing and executing the project began six months ago. The […]
Valiollah Seif made the statement as part of the banks’ efforts to dissuade investors away from the forex market that is experiencing volatile days with rial weakening to record lows The rollercoaster of exchange rates in the past couple of weeks seems to have undermined the markets’ faith in officials promising more stable days for […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Lawmakers have forced the insurance industry to pay millions of dollars more in taxes to the government in a move that has irked the head of Central Insurance of Iran, the entity in charge of regulating the industry. In an open session of the parliament on […]
