Iranian President Hassan Rouhani said boosting relations with neighboring countries particularly in economic and national security terms is among Iran’s foreign policy priorities. Reported by HPMM Group according to  MEHR NWES ; Rouhani made the remarks among reporters on Wednesday before departing for Armenia. Elaborating more on his visit to Central Asia and the Caucasus, […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The Central Bank of Iran is planning to launch a new regulatory body specifically for fintech firms, a CBI official announced on Sunday. “CBI has been working on fintech regulations since last year. We are planning to develop an ecosystem to authorize the operation of financial startups […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;Working to tackle the demons of unemployment, low wage growth, poverty and recession would be half-baked efforts, as long as the grounds for vested interests and corruption remain entrenched Iran’s economy is looking ahead to 2017 with both big prospects and hefty challenges in store. The outgoing […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The plan to prepare the ground for Iranian bank cards to be used in other countries will be implemented at the beginning of the next fiscal year in March, announced the deputy for innovative technologies at the Central Bank of Iran. Ali Kermanshah added that the plan […]

The Iranian flag carrier, Iran Air, says it has finalized a much-awaited contract with the European aviation giant Airbus to purchase 100 aircraft. Reported by HPMM Group according to MEHR NWES;Iran Air will receive seven or eight planes from Airbus in 2017, Farhad Parvaresh, the managing director of the airline told reporters on Sunday. He […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The latest technology was on show at this year’s Elecomp along with some surprises A new voting system was showcased that can radically transform the election process The 22nd round of the International Exhibition of Electronics, Computer and E-Commerce (Elecomp 2016) was held this week by the […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;IFRS standards are now mandated for use by more than 100 countries, including the European Union and by more than two-thirds of G20 The Central Bank of Iran’s plan to overhaul its financial oversight regime will increase the effectiveness of supervision over banks and provides the infrastructure for […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;The US Treasury Department’s Office of Foreign Assets Control on Thursday revised its Frequently Asked Questions guidance that concerns the reimposition of sanctions in the event of a sanctions snapback under the Joint Comprehensive Plan of Action. The amended FAQs convey OFAC’s general view that should the […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;Export Development Bank of Iran and Indonesia’s Eximbank signed an agreement to expand collaborations, on the sidelines of Indonesian President Joko Widodo’s visit to Tehran on Wednesday. The two lenders agreed to provide each other with information about business and investment opportunities in their respective country in […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;Indian multinational pharmaceutical and biotechnology company Cipla says its subsidiary in the Netherlands will pump in €۱۶٫۸ million to form a joint venture with its Iranian distributor, Ahran Tejarat Company. The joint venture proposes to undertake manufacturing and marketing of pharmaceutical products in Iran. “Cipla Holding BV, […]