Reported by HPMM Group according to FINANCIAL TRIBUNE ; G erman plastics and rubber machinery association VDMA has voiced its confidence in the Iranian market, as 46 German suppliers attended the Iranplast rubber and plastics show in Tehran this week. The expo ran from September 24 to 26. The association said in a statement that […]

Export credit agencies of Brazil, Russia, India, China and South Africa have each gradually improved Iran’s rating in their own risk classifications since the nuclear deal was implemented Reported by HPMM Group according to FINANCIAL TRIBUNE ;    The member states of BRICS, the association of five major emerging economies, have each upgraded Iran’s risk rating […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;   B pifrance, the country’s state investment bank, will finance projects of French companies in Iran from 2018, granting up to €۵۰۰ million ($598 million) in annual credits, its CEO said in a newspaper interview on Sunday. “Excluding a force majeure case, we will be on their […]

The dollar and euro grew by 0.9% and 3.9% respectively against the rial during the month ending Aug. 22, while EPI only notched a 0.4% uptick in the period, indicating that the downturn in global prices prevented the index from rising on par with foreign EPI has ended the fifth Iranian month (ending Aug. 22) […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;   The chief executive of Oberbank–whose bank this week became the first major European bank to clinch a finance agreement with Iranian lenders–said the landmark deal can act as catalyst for similar contracts by Europeans to open their way into the Middle Eastern country. “Iran’s economy is […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;  In what were the first finance deals clinched with cautious European banks after the implementation of the nuclear accord provided sanctions relief in January 2016, Iran signed two agreements worth a total of €۱٫۵ billion ($1.8 billion) with Austria’s Oberbank and Denmark’s Danske Bank on Thursday. […]

After the implementation of Iran’s nuclear accord with world powers in January 2016, the nation has negotiated its way to attract $55 billion worth of foreign finance, $30 million of which have been already specified The foreign finances are to be used for the implementation of projects of ministries and other organizations in the country […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;  Iranian officials have said Afghan traders can get a 25% discount on investment at Chabahar Port, besides taking advantage of free land and other facilities. Afghan traders can export fruits to other countries from the seaport in southeastern Iran, according to officials of southern Kandahar Province […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;  Representatives of three Iranian banks met with their Croatian counterparts on Wednesday to discuss banking hurdles on the way of trade ties and ways of overcoming them. The delegation from Bank Sepah, Bank Pasargad and Bank of Industry and Mine, including a member of parliament and […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;   A n Iranian delegation comprising 30 members of Iran Chamber of Commerce, Industries, Mines and Agriculture active in the fields of construction, food, energy, banking, carpet and textile left Tehran for the Croatian capital Zagreb on Tuesday. The trade delegation, led by ICCIMA Chairman Gholamhossein Shafei, […]