Maersk Expands Foothold in Iran

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The first direct weekly feeder sailing from the port of Jebel Ali in the UAE to Bushehr, the 3,400-TEU containership Inter Sydney, was launched on January 4 Maersk selected Bushehr Port because it is the largest gateway for transportation of goods in the province of Bushehr, with […]

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Iran Key to Islamic Banking Outreach

Reported by HPMM Group according to FINANCIAL TRIBUNE; For Islamic banking, the opening up of Iran is a huge development, as Iranian banks make up the world’s largest financial system based on Islamic law, with Islamic banking assets totaling $500 billion. A large number of sukuk and other Islamic securities from Iran are expected over […]

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Largest Polish oil company en route to Tehran

A delegation, comprising senior officials of Poland’s largest oil company, is scheduled to visit Tehran in coming days aiming to ink a contract for developmental of Iranian oilfields. Reported by HPMM Group according to MEHR NWES ; Poland has begun new cooperation with Iran in the post-JCPOA era over development of oil trade as well […]

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۵۴ Projects for Payment Industry Overhaul

Reported by HPMM Group according to FINANCIAL TRIBUNE; The Central Bank of Iran has devised 54 projects and platforms as part of its 2021 Roadmap that outlines an innovative, flexible and strong future for the banking system, announced the bank’s deputy for innovative technologies. “A total of 54 strategic projects have been defined in the […]

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Parliament Wants Better Interactions With CBI

Reported by HPMM Group according to FINANCIAL TRIBUNE; The first deputy speaker of the Majlis called for better and more developed interactions between the parliament and the Central Bank of Iran, considering the importance of the bank’s operations for policymakers. “Increased interactions between the CBI and Majlis are of paramount importance,” Masoud Pezeshkian was also […]

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Hero of Construction: A Glance at Rafsanjani’s Economic Legacy

Reported by HPMM Group according to FINANCIAL TRIBUNE; The shock passing of Ayatollah Akbar Hashemi Rafsanjani on Monday prompted an outpouring of condolences from Iranian and foreign dignitaries who mused not just on the distinguished political career of a brilliant statesman, but also on the groundbreaking economic reforms launched during his two-term presidency, which marked […]

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China opens 1st post-JCPOA LoC to Iran

Deputy Iranian oil minister said Chinese companies have opened the first Line of Credit (LoC) worth 1.3 billion dollars for new refinery projects. Reported by HPMM Group according to MEHR NWES ; Managing Director of National Iranian Oil Refining and Distribution Company (NIORDC) Abbas Kazemi, while pointing to reopening of the first Chinese finance in […]

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Individuals, Businesses Taking Big Loans Liable for Taxation

Reported by HPMM Group according to FINANCIAL TRIBUNE; Iran’s National Tax Administration has issued a new directive to the banking system, devising a ceiling for loans and a slew of other banking services for taxing individuals and businesses. Seyyed Kamel Taqavinejad, the head of INTA, communicated the directive that devises a ceiling for natural or […]

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Interest-Free Loans to Help Create Jobs

Reported by HPMM Group according to FINANCIAL TRIBUNE; The Central Bank of Iran is obligated to allocate interest-free loans to socially vulnerable people covered by two main charity organizations, announced the head of Majlis Joint Committee for the sixth five-year development plan (2016-21). “The central bank has been ordered to allocate 100,000 counts of Qarzol-Hassaneh […]

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Incentives for Green Banks

Reported by HPMM Group according to FINANCIAL TRIBUNE; Iran’s green banks will be introduced during the First Conference on Green Banking in mid-February, the head of the Department of Environment announced on Sunday.“We have been holding talks with the Central Bank of Iran for developing a framework for promoting green banking in Iran, as well […]

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