Spokesperson of National Iranian Gas Company (NIGC) said Iran-Iraq gas pipeline will be unveiled on Tuesday though exports to the neighboring country will still remain in a halt. Reported by HPMM Group according to MEHR NWES ;NIGC Spokesman Majid Bujarzadeh made the remarks emphasizing that Iran is ready to inject gas into the export pipeline […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;The governor of the Central Bank of Iran has called for promoting competition in the banking system, cautioning that unhealthy rivalry can lead to unsatisfactory repercussions.”Empowering a spirit of positive competition in the banking system is among suitable solutions to break away from the current situation,” Valiollah […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;The British government is coaxing lenders into facilitating trade with Iran. Recently, British officials have sought to boost business ties with Iran—a year on from the lifting of international sanctions—as Britain tries to forge new trade ties following June’s vote to leave the European Union. Sources with […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;Iran’s Kish South Kaveh Steel, otherwise known as SKS, which entered the merchant billet market at the end of 2015, intends to reach higher utilization by focusing on exports. During the first nine months of the current Iranian year (started March 20, 2016) SKS produced 393,874 tons […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;The Central Insurance of Iran, the industry’s regulator, has held talks with more than 140 foreign insurance and reinsurance companies that sought to enter the Iranian market since the lifting of the sanctions in January 2016. In a Tuesday report published on the government’s website, the CII […]
A new Central Bank of Iran report highlights the achievements of the country’s nuclear accord with world powers in the banking and monetary sectors Reported by HPMM Group according to FINANCIAL TRIBUNE ;The Central Bank of Iran has published a report detailing the achievements of the country’s nuclear accord with world powers in the banking […]
IAC deputy CEO said good negotiations have been conducted with French and Italian investors over development of Iranian airports. Reported by HPMM Group according to MEHR NWES ; Gholamhossein Bagherian, deputy director for planning and supervision in Iran Airports Company (IAC), pointed to construction of new airports in Ahwaz and Chabahar explaining that presence of […]
Deputy Iranian energy minister said as part of new power deals between Tehran and Moscow, Russians will construct a new generating plant and rehabilitate an existing one. Reported by HPMM Group according to MEHR NWES ;Deputy Minister of Energy for Planning and Economic Affairs Alireza Daemi expounded on the most significant negotiations conducted between Iran […]
Two-hundred sixty-four foreign investors have received trading codes over the past year, which shows a 42% rise compared to the corresponding period of a year before Foreign investment in Iran’s capital market stood at over $35 million at the beginning of the fiscal March 2013-14, which grew 782% to stand at over $314 million by […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;The updated version of the Banking Reform Bill, a blueprint for undertaking major reforms in the banking sector, will at last be taken up in the parliament ‘s spring session, announced the head of Majlis Economic Commission. “The final and updated draft of the Banking Reform Bill […]