Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Majlis Economic Commission is to hold a top-level multilateral meeting to discuss the fast-growing cryptocurrency Bitcoin in the coming days, the head of the parliamentary commission said. “It has been decided to hold a meeting with the officials of the Central Bank of Iran, the Ministry […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    China has opened a $1.7 billion line of credit for the electrification of the 926-km railroad from Tehran to the eastern city of Mashhad in Khorasan Razavi Province, five months after a contract was signed for the project in Tehran. According to the Persian daily Donya-e-Eqtesad, […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Two firms from Italy and Germany are negotiating to buy the shares of Iranian insurance companies, the head of Central Insurance of Iran announced. “I cannot mention the names of companies since they might not reach an agreement with the Iranian side, but the negotiations with […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Armenia inaugurated on Friday a free economic zone in its southernmost city of Meghri on the border with Iran. Armenian Prime Minister Karen Karapetyan attended the opening ceremony with Minister of Economic Development and Investments Suren Karayan, alongside Iranian Ambassador to Armenia Kazem Sajjadi as well […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Unilever plans to set up a joint venture in Iran to make and market food in the country. The FMCG giant has struck a deal with local food group Golestan Company to form the venture, Just-food.com reported. In a statement, Unilever’s Iranian arm, which markets non-food […]

The moderately favorable outlook is contingent on the capacity to attract foreign investments and subject to geopolitical risks Reported by HPMM Group according to FINANCIAL TRIBUNE ;    The United Nations has forecast a 5.3% economic growth for Iran in 2017 in its latest World Economic Situation Prospects. The growth is projected to settle at 5.1% […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    South Korea has agreed to finance the construction of three hospitals in Iran, said Iranian Health Minister Hassan Qazizadeh Hashemi on Thursday upon arrival at the Incheon International Airport in the South Korean capital Seoul. “This is a good opportunity for Iran to attract investments by […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ; After the signing of the Iran nuclear deal, trade between Iran and Europe increased 94% in the first half of 2017, compared with the first half of 2016, EU High Representative Federica Mogherini said. Speaking during a debate on Iran in the European Parliament on Tuesday, […]

The preferential trade agreement between Iran and Eurasian Economic Union will be in effect for three years Iran exported close to $500 million worth of goods to the EEU member states during the seven months to Oct. 22 and imported nearly $800 million in return Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Apreferential […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    World-famous Italian exhibition organizer BolognaFiere and Iran International Exhibitions Company have renewed cooperation agreement for 2018. As BolognaFiere reported on its website, www.bolognafiere.it, the new agreement will consolidate collaboration between the two exhibition centers and increase the number of events subject to commercial agreements. The leading exhibition […]