Reported by HPMM Group according to FINANCIAL TRIBUNE ; From airplanes to oilfields, billions of dollars are on the line for international corporations, as US President Donald Trump weighs whether to pull America out of Iran’s nuclear deal with world powers. Regardless of where they are headquartered, virtually all multinational corporations do business or banking in the […]
The government, as per its new forex policy, is determined that all exporters bring their forex earnings into the economic network and all importers receive their needs from the same place The government acknowledges that some forex needs have not been envisioned by the new measures, but it has held meetings to identify and address […]
The two projects included a direct-reduced iron plant established by Sabzevar Pars Steel Company and a pellet production plant set up by Khorasan Steel Company Reported by HPMM Group according to FINANCIAL TRIBUNE ; Two iron ore processing plants were inaugurated on Sunday in a ceremony attended by President Hassan Rouhani and Minister of Industries, Mining […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran and the Netherlands signed two memoranda of understanding during the second meeting of the joint agriculture commission that ended in The Hague on Friday. The meeting was held in the third-largest city of the Netherlands on May 2 with senior directors of Iran’s Agriculture Ministry headed by […]
A joint business forum between economic players of Iran and Croatia has been scheduled to be held at Iran Chamber of Commerce, Industries, Mines and Agriculture’s headquarters in Tehran on May 7 Reported by HPMM Group according to FINANCIAL TRIBUNE ; Croatia’s deputy prime minister and economy minister Martina Dalic was due to arrive in […]
The possibility that the US walks out of the nuclear deal would increase uncertainty that, in turn, requires reform measures to stabilize the market Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran’s government will need to accelerate economic reforms, including plans to overhaul its banking system, should US President Donald Trump decide to […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Mellat Insurance Company, affiliated with Bank Mellat, has signed a contract with Munich Re, the biggest reinsurance company in the world, based on which the German firm will cover the entire life insurance portfolio of the private Iranian insurer. “In line with maintaining its financial solvency […]
According to CI’s report, Iran’s ratings are supported by very low public external debt, large external assets due to persistent current account surpluses, substantial hydrocarbon resources and a comparatively high skilled workforce Economic growth has resumed following the implementation of JCPOA in January 2016, but has so far not led to a marked improvement of […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Following a national currency swap deal that was recently implemented, Iran and Turkey are now pursuing the integration of bank cards in a move aimed at helping the massive flow of tourists traveling between the two nations. This was announced during a meeting on Saturday between […]
Motor vehicle, trailer and semi-trailer manufacturing industries’ gave the biggest boost to the Industrial Production Index Reported by HPMM Group according to FINANCIAL TRIBUNE ; Most Iranian industries were on the path to growth during the three quarters of the previous fiscal year, but only a few accelerated enough to put recession behind them, according […]
