Reported by HPMM Group according to FINANCIAL TRIBUNE ; T he Iranian banking system has been combating a variety of serious problems such as a crippling credit crunch, sky-high non-performing loans and a lower share of the money market caused by the activities of shadow banks. In his address to the parliament in defense of […]
Agreements have been signed with companies from Germany, Italy and South Korea to benefit from their assistance during the second phase of building new cities in Iran Reported by HPMM Group according to FINANCIAL TRIBUNE ; S eeking to build environment friendly cities with strong buildings and smart public systems, a board member of the […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; B eijing Construction Engineering Group will establish a “construction and building materials hypermarket” in the east of Tehran in three years based on a memorandum of understanding it signed with Iran’s Civil Servants Pension Organization on Tuesday. The $250-million project will be carried out by BCEG, […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; T he newly-announced land trade route from Turkey to Qatar passing through Iran is expected to significantly reduce the cost of transportation of goods. The trade line will lead to a decline of nearly 80% in the transportation cost of food items compared to air freight […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; C hina’s ambassador to Iran said the channel for facilitating new finance from the world’s second largest economy is open for Tehran, assuring the Iranian business community that recent banking hurdles and the alleged closure of Iranian account are only temporary. “Chinese banks are commercial lenders […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; T he Central Bank of Iran has for the first time sought the help of Iran Fintech Association (FintechA) to make its final decision about the long overdue task of regulating fintech companies and startups. The CBI’s Office for Payment Systems last week hosted representatives from […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; B ank Melli Iran and the Ministry of Science, Research and Technology have signed an agreement to enhance bilateral cooperation. “Bank Melli belongs to all Iranian citizens and so, in collaboration with Science Ministry, the bank does not seek to make profits, but wishes to support […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; I ran Mercantile Exchange plans to start bitumen exports to India as per an agreement reached between the two countries’ market regulatory organizations on Thursday. The agreement was signed by Chairman of Securities and Exchange Organization of Iran Shapour Mohammadi and Chairman of Securities and Exchange […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; T he phalanx of European leaders, ministers and dignitaries attending the inauguration of Iranian President Hassan Rouhani last weekend was a stunning snub to Washington. It was also a clear signal the US is losing its thrall over Europe. Think about it. According to US President […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; N ewland EMEA, a Dutch manufacturer of barcode scanning and mobile communication solutions, has accelerated its growth in the Middle East with the opening of a new office in Tehran, the company reported on its website. The report noted that “until recently, Iran was one of […]
