Reported by HPMM Group according to Tehran Times; the visiting Iranian Finance Minister Ali Tayyebnia and Brazilian Minister of Industry and Commerce Marcos Pereira and Minister of Mines and Energy Fernando Coelho Filho discussed reinvigorating mutual economic and trade relations in Brasilia. As ISNA reported on Saturday, during his meeting with Tayyebnia, Filho referred to […]

The Central Bank of Iran is negotiating with international credit card issuers and preparing the infrastructure for the official reentry of the payments technology companies, says the bank governor. Reported by HPMM Group according to Financial Tribune; “The CBI is in the process of building the necessary infrastructure [for the reentry of international credit cards],” […]

During the past week, stocks mainly recouped losses that they incurred on November 9, after Donald Trump was announced as the new US president. Reported by HPMM Group according to Financial Tribune; Tehran Stock Exchange’s main index gained 857 points or 1.1% during the trading week that ended November 16 to close at 79,268. TSE […]

India has carved a new geopolitical beginning in the Persian Gulf region by putting Chabahar in the grand canvas of its geo-economic calculus in the emerging Asian architecture. Reported by HPMM Group according to Financial Tribune; however, China’s string of pearls and China-Pakistan Economic Corridor posed real-time challenges to India’s strategic interests in the region. […]

Banks have recovered 203 trillion rials ($6.3 billion) of their non-performing loans during the past three years,” said Gholamreza Malekshoar, head of Central Bank of Iran’s Office for Banking Information.  The “achievement” was possible thanks to the collaboration between the judiciary and financial authorities. Reported by HPMM Group according to Financial Tribune; Non-performing loans in […]

Why Iran Deal Will Survive Trump Presidency Trump’s triumph is sending shockwaves through the foreign policy community, particularly among supporters of the Iran nuclear deal. Reuters has already reported that Trump’s election puts the Iran Deal “on shaky ground”. Reported by HPMM Group according to Financial Tribune; Daryl Kimball, director of the Arms Control Association, […]

US President Barack Obama said on Monday he expects that his successor will likely reconsider campaign vows to undo some of Obama’s signature international accomplishments, including the Iran nuclear deal, when he takes office in January. Reported by HPMM Group according to Financial Tribune ; he made the remark at a White House news conference […]

Reported by HPMM Group according to Financial Tribune; Italian oil and gas servicing companies, Saipem and Tecnimont, are planning to build a 120,000-barrel per day gas condensate refinery in Fars Province, the managing director of Ghadir Investment Company said. “Tecnimont and Saipem have signed a preliminary agreement to build Pars Refinery. The deal is due […]

Iran says it plans to sell a certain volume of the shares of its key oil shipping company which is considered to have the world’s largest fleet of supertankers.  Reported by HPMM Group according to Press TV;  Sirous Kian-Ersi, the managing director of the National Iranian Tanker Company (NITC), was quoted by the media as […]

Iran became the top crude exporter to France in September, for the first time since it began exports there after the removal of international sanctions in January. Reported by HPMM Group according to Financial Tribune; it surpassed Saudi Arabian and Iraqi cargos, which both posted recent lows for market share, Argus Media reported. Iranian oil […]