Reported by HPMM Group according to IntelliNews ; the Central Bank of Iran (CBI) announced this month that it is in ongoing talks with foreign card companies to reconnect Iran’s payment systems to international networks. The bank’s governor, Valiollah Seif said to Iran Bank and Economy News Agency, that “the CBI is building the necessary […]
Three Russian companies have signed contracts for oil field development with the National Iranian Oil Company, a senior NIOC manager told media. Reported by HPMM Group according to TEHRAN TIMES ; Gholam-Reza Manouchehri, deputy managing director of NIOC, said the companies were Lukoil, Tatneft, and Zarubezhneft. The contracts are the latest demonstration of the ever-closer […]
Reported by HPMM Group according to TEHRAN TIMES ; TEHRAN – Iran’s inflation rate for the 12-month period ended in the last day of the eight Iranian calendar month of Aban (November 20) hit 7.5 percent, the Statistical Center of Iran reported. The figure shows a 0.4 percent drop compared to the 12-month period ended […]
BP has created a new executive committee to explore business in Iran which will exclude its American chief executive Bob Dudley in a bid to avoid potential violations of U.S. sanctions still in place. Reported by HPMM Group according to TEHRAN TIMES ; the new committee is headed by BP’s chief financial officer Brian Gilvary, […]
The administration of US President Barack Obama is planning to take measures in its last months in office to “strengthen” a multilateral nuclear deal with Iran, amid the probability that an incoming American president and his hawkish possible appointees may act to undermine the international agreement and the US stature as a result, American officials […]
Reported by HPMM Group according to Irna ; Headed by Chairman of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM), Masoud Khansari, the Iranian economic delegation arrived in Germany on Nov 20. While in Austria and Germany, the Iranian delegation are slated to hold talks with senior Austrian and German official and businessmen. The […]
Reported by HPMM Group according to Trend; Iran plans to participate in the offshore oil projects in Europe and Africa, Abolghasem Rahmani, the managing director of the Iranian Offshore Engineering and Construction Company (IOEC), said. The IOEC has held negotiations with certain international companies to carry out projects in Black sea and Nigeria, Rahmani said, […]
Iran says it expects to finalize an agreement to purchase planes from France’s Airbus in the near future. Reported by HPMM Group according to Press Tv ; Ali Abedzadeh, the managing director of Iran’s Civil Aviation Organization (CAO), was told by the domestic media that negotiations to finalize the agreement with the global aviation giant […]
OPEC members most likely will reach an agreement during the upcoming meeting which is scheduled for November 30, Bijan Namdar Zanganeh, Iran’s oil minister said. Reported by HPMM Group according to Iran News ; Zanganeh made the remarks following a meeting with OPEC Secretary-General Mohammed Barkindo in Tehran on Saturday. He described the meeting […]
Lloyd’s of London, the British insurance firm, is to send international insurance marketing experts to Iran, to study potentials in the country’s free trade zones, said the company’s chief executive, Inga Beale on Friday. Reported by HPMM Group according to Financial Tribune; in a meeting with Abdolnasser Hemmati, president of the Central Insurance company of […]