The top three startups are active in urban services, businesses and mobile application adverts Reported by HPMM Group according to FINANCIAL TRIBUNE; The 22nd round of the International Exhibition of Electronics, Computer and E-Commerce (Elecomp 2016) was held Dec. 15-18 in Tehran. One major attraction was the sector named Elecom Stars that introduced new Internet-based […]

Reported by HPMM Group according to FINANCIAL TRIBUNE; Clause two of Article 20 legally binds the CBI to create an electronic platform to be used by banks and non-bank credit institutions for inquiries concerning credit scoring and tax arrears, among other things Lawmakers approved measures on Saturday requiring the Central Bank of Iran to prepare […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The National Development Fund of Iran is able to provide credit to sellers and buyers, issue advance payment guarantee and finance the equipment of workshops in overseas projects of Iranian contractors Iran’s sovereign state fund is ready to bankroll projects involving the export of goods and techno-engineering […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;Iran’s gross domestic product grew 7.4% during the first half of the current Iranian year (started March 20) compared with the corresponding period of last year, the Central Bank of Iran said in its latest report. This is the biggest economic growth rate Iran has experienced since […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The International Financial Reporting Standards Foundation has published a new profile on the use of IFRS standards in Iran. “By requiring banks, insurance companies, other financial institutions and listed companies to apply IFRS standards, the Audit Organization of Iran has demonstrated that Iran has made a public […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;While the government and the central bank have come under fire for recent currency market swings, officials have sought to allay fears by saying that these fluctuations are only temporary The US dollar broke the 40,000-rial threshold in Tehran’s market on Wednesday, recording an all-time high for […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The Export Development Bank of Iran has rekindled its dealings with 90 international banks after the country reached a nuclear accord with world powers last year, announced the bank’s chief executive. “After the nuclear deal was struck, we opened accounts with 23 banks and can now do […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;Indian exporters have written to the Reserve Bank of India to expedite clearances for Iranian banks that have applied to open branches in India. “We have asked the RBI to expedite clearance of the applications given by Iranian banks to open up branches. The Commerce Ministry is […]

NIORDC managing director has reported on a change in Iran’s oil transmission network and launch of new corridors for exports of petroleum products. Reported by HPMM Group according to MEHR NWES   ;On the latest status of exports of the country’s oil products, Managing Director of National Iranian Oil Refining and Distribution Company (NIORDC) Abbas […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;Higher oil production and exports, after the implementation of the Joint Comprehensive Plan of Action, should allow real GDP growth to rebound to 6.6% in 2016-17 The International Monetary Fund, in its latest assessment of Iran’s economy, has forecast a decent growth rate for the country both […]