President Hassan Rouhani on Saturday communicated the law on Iran-Hungary cooperation agreement for implementation by Finance Ministry. Reported by HPMM Group according to IRNA ;The law was approved by Majlis on November 15 and was endorsed by the Guardian Council one month later. The agreement consists one sole article, one Note and nine articles. As […]
Tehran Urban Planning & Research Center (TUPRC) and Korea Institute of Civil Engineering and Building Technology (KICT) have inked a joint cooperation agreement. Reported by HPMM Group according to MEHR NEWS ;The Memorandum of Understanding (MoU) pursues various objectives including exchange of know-how, research and specialty in the field of infrastructure as well as energy […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Since the nuclear-related sanctions against Iran were lifted a year ago, several European companies have started negotiations to establish businesses in Iran’s diversified market. Stating the above, a report published by the Chinese official news agency Xinhua gave an overview of some of the promising deals. […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Conforming to International Financial Reporting Standards will have immediate positive implications for attracting foreign investments and help Iranian banks on the international scene, believes an accounting expert. “IFRS plays a very important role in creating transparency and in the current state of the Iranian economy, wherein […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;International companies have signed agreements with Iranian businesses to invest $3.2 billion in Chabahar, as part of development projects of Makran Coast in southeastern Iran. “Seven major memorandums of understanding were signed with companies from India, Oman, China and South Korea,” CEO of Chabahar Free Zone Organization, […]
The first phase of a bunkering facility came on stream in Salakh district of Qeshm Island in the Persian Gulf. Reported by HPMM Group according to MEHR NEWS ; The facility to fill fuel containers of vessels was inaugurated in Qeshm at presence of Iranian Minister of Cooperatives, Labour and social welfare Ali Rabiei, Managing […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;Central banks of Iran and Turkey on Wednesday signed an agreement to work on addressing current banking issues between the two countries including integrating the two countries’ payment networks and using national currencies for bilateral trade. The agreement was signed by Mohammad Yaqoubi, CBI’s deputy for international […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;Iranian banks say they have had notable achievements on the international banking scene one year into the implementation of Iran’s nuclear accord with world powers. Bank Sepah, according to its CEO Mohammad Kazem Choqazardi, has conducted “foreign exchange operations worth $4.4 billion during the year ending January […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;Industrial Management Institute has released the list of 500 largest Iranian companies, gauging them on the basis of their generated revenues during the fiscal year that ended on March 19, 2016. According to the rankings, the banking industry was Iran’s largest business sector in the previous year, […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Bank Tejarat and Bank Saderat will publish their new interim financial statements next week and their symbols will reopen for trading at Tehran Stock Exchange, announced Ali Beykzadeh, an official with the Securities and Exchange Organization on Wednesday, SENA reported. The two banks’ shares, along with […]