Reported by HPMM Group according to FINANCIAL TRIBUNE ;     US Treasury Secretary Steven Mnuchin squashed speculation that he has warned Turkish officials of possible sanctions targeting the nation in violation of Iran sanctions. “I did have conversations with them; I did not have specific conversations on sanctions,” Mnuchin told reporters, referring to talks with Turkey […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Iran’s biggest confectionery company, which is also one of the biggest in the Middle East, is planning to enter Qatar’s retail market. Shirin Asal Food Industrial Group, with a turnover of about $5 billion per annum, is planning to set up a factory in Qatar. The […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The trip of Iran’s Foreign Minister Mohammad Javad Zarif to Africa also bore banking fruits, as Iran will be able to establish correspondent banking relations with South Africa, Uganda and Niger in the foreseeable future, the chief executive of the Export Development Bank of Iran said. […]

The Iranian Embassy in Beijing has vowed to resolve the problems of Iranians whose accounts are being closed by Chinese banks as the months-old problem has resurfaced Reported by HPMM Group according to FINANCIAL TRIBUNE ;     After reports emerged that the banking woes of Iranian citizens in China have resurfaced and they are increasingly finding […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The first stage of integrating the banking payment systems of Iran and Russia will be implemented in the next three months, announced the CEO of Informatics Services Corporation of Iran–a leading developer of banking and payment solutions affiliated with the Central Bank of Iran. “It has […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Nomura Research Institute, a Japanese firm that provides asset management consulting and finance solutions, is interested in identifying Iran’s potential assets and helping efficiently utilize them. According to an official at Qeshm Free Trade Zone, Nomura Research Institute officially started cooperating in Qeshm FTZ Organization’s projects […]

Minister of Roads and Urban Development Abbas Akhoundi met with the Russian ministers of construction, railroads and North Caucasus during his trip to Russia Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Minister of Roads and Urban Development Abbas Akhoundi has signed an agreement for implementing a cooperation program with Moscow in housing and […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The so-called “Iran Trade Center” was inaugurated in the southern Russian city of Astrakhan on Wednesday in the presence of Iranian Ambassador to Russia Mehdi Sanaei. The center aims to boost and facilitate trade between Iran and Russia. Concurrent with the inauguration, 14 provincial chambers of […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Russia is ready to take part in the development of the free trade zone on Armenia’s border with Iran, Russian Prime Minister Dmitry Medvedev said on Tuesday after he met with his Armenian counterpart Karen Karapetyan in Yerevan. “We have good relations with Iran,” he said. […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The Ugandan capital city of Kampala hosted a business forum in the presence of Iranian Foreign minister Mohammad Javad Zarif. “Since the victory of the Islamic Revolution, we have held Africa in high esteem. Africa is one of our priorities when it comes to economic cooperation,” […]