Reported by HPMM Group according to FINANCIAL TRIBUNE; Top officials from Switzerland’s Federal Department of Economic Affairs, Education and Research and State Secretariat for Economic Affairs are set to visit Tehran next week. “ Swiss delegates are set to hold talks with the Iranian Economy Minister Ali Tayyebnia, Central Bank of Iran officials and chief […]

Reported by HPMM Group according to FINANCIAL TRIBUNE;Iran Chamber of Commerce, Industries, Mines and Agriculture hosted the Iran-New Zealand Economic Forum on Saturday. Present at the gathering were New Zealand’s Trade Minister Todd McClay and his accompanying 30-strong trade delegation. The delegates represented economic sectors of the South Pacific country, including agriculture, food, new energies […]

Reported by HPMM Group according to FINANCIAL TRIBUNE; based on the contract, foreigners who choose to do business with Mellat can open bank accounts in its branches worldwide. When investors decide to buy securities, Mellat will exchange their money to rials at open market rates within a day. Iranian officials are working hard to streamline […]

Reported by HPMM Group according to FINANCIAL TRIBUNE; export Guarantee Fund of Iran, the state-owned export credit agency, will start offering insurance coverage for fluctuations in foreign exchange rates, mainly to support Iranian exporters, said a board member of the fund. “The government’s economic commission has approved our proposal for offering forex hedging. The Cabinet […]

Reported by HPMM Group according to FINANCIAL TRIBUNE;  the Philippines and Iran have agreed to expand bilateral ties, beginning with establishing banking relations and renewing economic cooperation between the two countries. In a meeting with Finance Secretary Carlos Dominguez III, Iranian Deputy Foreign Minister for Asia-Pacific Affairs Ebrahim Rahimpour offered Tehran’s assistance in helping Philippines’ […]

Reported by HPMM Group according to FINANCIAL TRIBUNE; Tehran Stock Exchange’s main index gained 84.47 points or 0.11% to end Sunday trade at 79,625.90. More than 779 million shares valued at $54 million changed hands for the day. Mahram Company was the biggest riser, going up 5% to 20,780 rials per share. Petrochemical Transportation Company […]

Reported by HPMM Group according to FINANCIAL TRIBUNE;  Three Slovenian banks, namely Nova  Ljubljanska banka, Gorenjska banka, and SID are negotiating with the Central Bank of Iran and some commercial lenders, to expand banking relations, said Iztok ?ivko, chief executive of Tevel company (specialized in gas and leak detection). “Banks from the two countries are […]

Reported by HPMM Group according to Trend ;  Polish Oil and Gas Company (PGNiG SA) is eyeing various Iranian projects in gas and oil sector, however, at this moment in case of Iran, it focuses on the Sumar oil project, the company told Trend Nov. 28. PGNiG signed a letter of intent regarding cooperation on […]

Iranian President Hassan Rouhani and Russian President Vladimir Putin in a telephone conversation called for cooperation between petroleum producing countries.   Reported by HPMM Group according to IRNA ;  Iranian and Russian presidents in their conversation on Monday evening discussed the latest developments in the oil market. Rouhani and Putin agreed to continue cooperation in […]

Increasing global quotes for steel raw materials and products have let Iranian billet exporters achieve an increase in deal prices for large batches, with suppliers being focused on the Middle Eastern market now. Reported by HPMM Group according to FINANCIAL TRIBUNE;  last week, Iran’s Khouzestan Steel Company closed a tender to sell 25,000 tons to […]