Oil Minister Zanganeh has voiced Iran’s readiness to deploy 100 thousand barrels of crude oil per day to South Africa as well as to purchase refinery shares there. Reported by HPMM Group according to MEHR NEWS ;Oil Minister Bijan Zanganeh made the remarks on the sidelines of a meeting with the visiting South African Energy […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;Many countries have dispatched economic delegations to explore the Iranian market after Iran’s nuclear agreement with world powers. Iran’s moderate forces—a coalition of progressive politicians, intellectuals and pragmatic conservatives, headed by President Hassan Rouhani, which advocates reintegrating Iran into the global market—are encouraging foreign partners and investors […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;Officials from Export Guarantee Fund of Iran and Norwegian Guarantee Institute for Export Credits (GIEK) discussed expansion of ties during a meeting held this week in Tehran. The Norwegian export credit agency aims to familiarize itself with Iran’s business ambiance in order to support Norwegian exports. “Several […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;Bank Sepah’s foreign exchange transactions have reached $4.2 billion and are expected to exceed $5 billion by the end of the fiscal year on March 20, said the CEO of Bank Sepah. “In terms of resources, Bank Sepah has been successful as its growth rate in the […]

AEOI Spokesman Behrouz Kamalvandi, while pointing to EU’s effective role in the Iran’s historic nuclear deal, said the JCPOA formed a firm basis for further Iran-EU relations. Reported by HPMM Group according to MEHR NEWS ;Spokesman for the Atomic Energy Organization of Iran (AEOI) Behrouz Kamalvandi made the remarks on Tuesday in Brussels while addressing […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The establishment of a joint bank account between Iran and Indonesia will foster financial cooperation and facilitate bilateral transactions, said the Central Bank of Iran’s governor. Valiollah Seif made the statement during a meeting with Indonesia’s Coordinating Minister for Economic Affairs Darmin Nasution on Monday, CBI’s website […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ; International Monetary Fund has commended Iran for achieving an impressive recovery in economic growth after the lifting of nuclear sanctions in 2016, maintaining inflation in single digits and stabilizing the foreign exchange market. IMF has projected Iran›s economic growth to stabilize at 4.5% over the medium-term, […]

Iran’s Petroleum Minister Bijan Zangeneh explored avenues for promoting cooperation between the two countries as well as obstacles in the way of mutual collaboration with Iraqi Prime Minister Heydar Al-Abadi in the capital city late on Monday. Reported by HPMM Group according to IRNA ;According to a statement by Iraqi Prime Minister’s Office, both officials […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ; Tehran Chamber of Commerce, Industries, Mines and Agriculture is to host a high-ranking Slovak delegation on March7, 2017, to pursue the development of financial trade and ease banking relations and money transfer between Iranian and Slovakian banks. The delegation is headed by Slovakia’s Deputy Prime Minister […]

The new regulations for offshore banks are in line with policies to promote infrastructure development, economic growth, investment and job creation in FTZs Foreign banks planning to establish a branch in FTZs need to meet the capital requirement set by MCC Reported by HPMM Group according to FINANCIAL TRIBUNE ;Since three years ago, the Central […]