This year’s Finex began in Tehran from April 16 with the goal of bolstering ties between Iran’s capital, banking and insurance markets The Central Insurance of Iran plans to issue insurance-tied bonds and link life insurance to investment funds in the current fiscal year (started March 21) Reported by HPMM Group according to FINANCIAL TRIBUNE […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran’s dormant bauxite project in Guinea-Conakry has recently sprung back to life, as companies operating it have announced an international tender for developing the mine and constructing a pipeline. Mines & Metals Engineering GmbH, an Iranian firm registered in Germany, announced on March 3 that it […]
At present, the two southern ports of Bushehr and Lengeh account for the largest portion of goods sent from Iran to Qatar. However, Qatari officials seek stronger ties with all the Iranian southern ports The value of trade between Iran and Qatar hit $275 million in the last fiscal year (March 2017-18), marking a 137% […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Central Bank of Iran is expected to announce its regulatory framework for fintechs in the coming months and according to the regulator’s deputy for innovative technologies, European standards are being eyed as the ideal benchmark. “Implementing European regulations such as PSD2 will require legal support […]
Although businesses may not agree with the way the exchange rates are being unified, they do welcome the fact that it has finally happened Reported by HPMM Group according to FINANCIAL TRIBUNE ; First Vice President Es’haq Jahangiri said on Sunday the government intends to establish a “new foreign exchange system” that will be in […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Tehran Stock Exchange’s main index lost 299.44 points or 0.31% on Sunday compared to the day before to end trade at 95,987.6. About 503 million shares valued at $22.55 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 ; Namibia said it is interested in working with Iran in the fields of agribusiness and agricultural production. Namibia’s Deputy Prime Minister and Minister of International Relations Netumbo Nandi-Ndaitwah highlighted this on Thursday in a statement on the occasion of Iran’s Foreign Minister Mohammad Javad Zarif’s visit […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Islamic Republic of Iran Customs Administration’s latest report shows China remains Iran’s top trading partner. Iran’s non-oil trade with the East Asian country totaled $22.28 billion in the last Iranian year (ended March 20), indicating an increase of 16.82% compared to the year before, IRICA reported. […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran’s Minister for Roads and Urban Development Abbas Akhoundi expressed interest in exploring avenues available under the China-Pakistan Economic Corridor. The minister is leading a high-level delegation that visited Karachi Port Trust on Friday, the Pakistani newspaper Dawn reported. Akhoundi also showed interest in transshipment cargo […]
TSE’s main index TEDPIX lost 864 points or 0.9% during the trading week that ended April 11 to close at 96,287, as Iran Fara Bourse’s benchmark index IFX dropped 42.6 points or 3.8% to 1,064.1 Reported by HPMM Group according to FINANCIAL TRIBUNE ; Holidays were truly over for Tehran’s stock market, as the last […]
