Reported by HPMM Group according to FINANCIAL TRIBUNE ; Tehran Stock Exchange’s main index lost 370.63 points or 0.38% to end Saturday trade at 96,779.9. About 646 million shares valued at $27.66 million changed hands at TSE for the day. Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday. VASPARI […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Some government officials and parliamentarians are unequivocal about expanding free trade zones. Last week, Morteza Bank, the secretary of High Council of Free Zones, announced the government plans to, once again, push for a bill on the establishment of eight new FTZs in May. The proposed […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Ahead of the publication of the latest regulatory framework by the Central Bank of Iran for fintechs operating electronic wallets and account management facilities, the regulators’ deputy for innovative technologies has elaborated on the limitations of the fledgling businesses. Nasser Hakimi, who was speaking specifically about […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;At the end of March, Iranian President Hassan Rouhani traveled to Azerbaijan to mark the opening of bilateral segments of the International North-South Transport Corridor. INSTC, which has been lauded by Russian President Vladimir Putin as a “flagship project”, will be a nearly 4,500-mile-long (7,242 kilometers) network, […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;Iran is keen to take advantage of the new dispensation in Zimbabwe led by President Emmerson Mnangagwa to deepen bilateral relations aimed at promoting investment, a top diplomat has said. Iran’s Ambassador to Zimbabwe Ahmad Erfanian said several private companies from Tehran were holding discussions with their […]
The escalating tensions between US and China have sent tremors through global markets in recent days, with tech stocks across developing economies bearing the brunt of the losses Reported by HPMM Group according to FINANCIAL TRIBUNE ;World stock markets slid Friday after Beijing vowed to fight back against the Trump administration’s latest threats of yet […]
Iran is seeking to develop banking relations with Sweden and eyes joint ventures in vehicle fleet renewal as a potential solution Ingves recommended that Iran increase its oversight on banks, reform the structure of its state-owned lenders and implement a managed floating foreign exchange system after unifying its current dual rate system Reported by HPMM […]
Noting that Iranian authorities are conscious of the risks and potential implications emanating from financial crimes, IMF acknowledges the fact that they have initiated reforms to strengthen the anti-corruption and AML/CFT frameworks Reported by HPMM Group according to FINANCIAL TRIBUNE; The International Monetary Fund, in its latest assessment of Iran’s economic situation as part of […]
The Chinese believe demand for foreign products and foreign currency are two sides of the same coin, therefore they have opted for gradually raising the value of foreign currencies instead of putting up the tariff wall Currency policy should be backed by a monetary policy that keeps the inflation rate at very low levels of […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; As part of its Doing Business project, the World Bank also monitors indices concerning trading across borders and the numbers indicate Iran is not doing well. Tehran Chamber of Commerce, Industries, Mines and Agriculture, a leading private sector bastion, has sought to improve that by providing […]
