Reported by HPMM Group according to FINANCIAL TRIBUNE ; Having entered a new era after the lifting of most sanctions in early 2016, Iran has aptly understood the importance of making endeavors for modernizing its financial and corporate sectors. One such endeavor, the lack of which has been recognized by regulators and the private sector […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Tehran Stock Exchange’s main index lost 257.93 points or 0.27% on Saturday compared to the day before to end trade at 95,265.9. About 552 million shares valued at $35.22 million changed hands at TSE for the day. Trading at TSE and Iran Fara Bourse starts on […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Governor of the Central Bank of Iran has provided further details about the new Forex Deals Integrated System, noting that it will reposition banks as the main market player, promote transparency and provide the needs of people. According to Valiollah Seif, who was speaking on Saturday […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iraqi Acting Minister of Industry and Minerals Mohammad Shia al-Sudani and Iranian Defense Minister Amir Hatami signed a cooperation agreement on military industrialization in the Iraqi capital Baghdad. The National Iraqi News Agency also reported on Thursday that the agreement is in the field of technology […]
At present, a train traveling from Western Europe to Iran will take at least 10 days Reported by HPMM Group according to FINANCIAL TRIBUNE ; Despite Iran’s strategic ambitions, routing for freight trains along its emerging transport corridors still faces a host of infrastructural and political challenges. Railroad systems are not homogenous along the route […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The eurozone’s economy needs strong global growth and open trade if it is to continue to prosper, the European Central Bank’s President Mario Draghi said on Friday. “The positive developments in euroland are not independent of the global growth momentum,” Draghi told central bank governors and […]
The Iranian economy is expected to maintain a steady growth of slightly over 4%, increasingly based on non-oil sectors and fueled by a recovery in consumption and investment demand and overtaking the contribution of net exports In the medium term, inflationary pressures are likely to increase due to widening output gap and further currency depreciation, […]
Sweden’s ambassador to Iran accompanied a business delegation to Tehran Chamber of Commerce on Wednesday and discussed banking ties and issues of mutual interest As free market rules apply in Sweden, commercial banks are private financial institutions that cannot be legally obligated by the government and the central bank to work with the banks […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran’s banking system is now preparing a new credit card scheme for supporting locally produced goods, following a previous plan that failed to take off. “In the meetings that we had with state-owned and private banks for supporting Iranian products, it was decreed that banks consider […]
TSE’s main index shed 766 points or 0.8% to close the month at 95,524, as Iran Fara Bourse’s benchmark dropped 32.85 points or 2.99% to 1,063.8 Things are expected to change for the better in the year’s second month, Ordibehesht (April 21-May 21), as new corporate performance reports will be published and the new USD […]
