Reported by HPMM Group according to FINANCIAL TRIBUNE ; Bank Maskan, the agent bank of the housing sector, is upbeat about emerging out of its years-long stagnancy, as 14.2 million housing bonds have been traded by the end of the 10th month of the current fiscal year on Jan. 20. The Iranian housing sector, mired […]
The total sale value of Iran Khodro’s controlling stake stands at 9.76 trillion rials ($212.17 million) With a 49.3% share of the market, IKCO has had a good three quarters this fiscal year (March 21-Dec. 21) as it produced 510,297 units during the period, up 13% year-on-year Reported by HPMM Group according to FINANCIAL TRIBUNE […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iranian company Agro Portal, with the help of Kazakhstan’s National Company for Investment Support and Promotion, also known as Kazakh Invest, has invested in the construction of a halal meat processing plant in the Ondiris Industrial Zone in the Kazakh city of Semei. Iranian investment in […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Atotal of 70 trillion rials ($1.5 billion) have been earned during the first eight months of the current fiscal (started March 21, 2017) from newly identified economic operators, the chairman of Majlis Economic Commission said. Noting that tax evasion stands at 30-40% of total tax revenues […]
Iran exported more than €۹٫۲۲ billion worth of commodities to the EU, up 100% and imported €۹٫۳۳ billion, indicating a 30% rise YOY Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran’s trade with the European Union member states during the 11 months to Nov. 30, 2017, stood at close to €۱۸٫۵۶ billion, registering […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Maku Free Trade Zone in northwesternmost Iran will inaugurate an airport in February. An opening ceremony has been scheduled during the Ten-Day Dawn ceremonies, which fall between Feb. 1 and 11, marking the anniversary of the 1979 Islamic Revolution, the CEO of Maku FTZ. “Some 1 […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Armenian Prime Minister Karen Karapetyan said trade between Iran and Armenia during the 10 months of 2017 was worth only $62.5 million, excluding energy. “The trade growth rate between our countries is one of the most insignificant in comparison with other countries, only 9-10%. So our […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Central Bank of Iran is focused on creating new models of payments involving mobile phones and boost the security of existing ones, the head of the bank’s Payment Systems Department said. Davoud Mohammad Beigi added that micro payments have currently emerged as one of the […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Germany accounts for about 60% of the investments made by European Union states in Iran, the deputy energy minister for international affairs said. “Iran and Germany established very good economic relationship with each other, especially in the past years, in such a way that most of […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; In the latest meeting of President Hassan Rouhani’s Cabinet on Sunday, the Ministry of Economic Affairs and Finance was officially given the go-ahead to guarantee the recent foreign finance deal clinched with Italy. The ministry is the official entity in charge of issuing the sovereign guarantee […]
