Reported by HPMM Group according to FINANCIAL TRIBUNE ;Trade turnover with Iran can be increased to $1 billion per year, Armenian Prime Minister Karen Karapetyan said during the ruling Republican Party’s election campaign in Syunik Province Parliamentary elections will be held on April 2. Nine parties and blocs running for seats in the National Assembly […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The Iranian economy grew 11.9% during the three quarters of the current Iranian year (started March 20, 2016), a Central Bank of Iran official said. CBI’s Deputy Governor Peyman Qorbani also told reporters on Monday that without taking the oil sector into account, growth rate stands at […]

The over-enthusiasm as a result of the high hopes generated in the runup to the nuclear deal and its implementation has sent the average price-earnings ratio at Tehran Stock Exchange to a record high of 7.2 The after-effects of the new US presidency, the upcoming presidential election in Iran and the ailments of Iran’s banking […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;A task force comprising Iranian and Finnish bank executives and experts, which was formed to remove bilateral banking hurdles, has already made headway, said the ambassador of the Scandinavian nation to Iran. “This task force has so far managed to remove a large part of the problems […]

Iran-France trade value stood at €۲٫۱ billion in 2016, indicating a 235% upsurge compared to 2015 French businesses invested €۳۴۰ million in Iran in 2015 Reported by HPMM Group according to FINANCIAL TRIBUNE ;After days of cold snaps, it was a sunny Wednesday morning at Neauphle-le-Chateau Street in downtown Tehran. The press had gathered at […]

Since the Iranian government has already done a lot of preparations to adopt a single exchange rate regime, the country is capable of making an early move in this regard As for addressing the external threats that Iran is facing, the country will have to begin domestic reforms like reducing dependence on oil, strengthening the […]

Iran has until May 2017 to complete efforts needed to become an FATF member and with the planning and endeavors undertaken so far, the country will achieve the required standards for membership Reported by HPMM Group according to FINANCIAL TRIBUNE ;The governor of the Central Bank of Iran believes that the country will be able […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The Organization for Economic Cooperation and Development should upgrade Iran’s risk classification in view of the country’s current economic situation, said the CEO of Austria’s Oberbank. “Austria will support the upgrade to Iran’s risk rating by OECD though the matter is partially political and will definitely take […]

A number of top-tier officials have reacted to a New York Times story reporting that $1.6 billion of the Central Bank of Iran’s assets have been frozen by a court in Luxembourg Economy Minister Ali Tayyebnia hopes the Luxembourgian court will rule in Iran’s favor Reported by HPMM Group according to FINANCIAL TRIBUNE ;Iran’s top […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The Central Bank of Iran hosted a meeting to analyze obstacles to the implementation of the International Financial Reporting Standards. During the one-day meeting on Tuesday, issues related to Iran’s banking system such as financial assets categorization, impairment, fair valuation and lack of infrastructure to provide information […]