Reported by HPMM Group according to FINANCIAL TRIBUNE ; British mining and mineral processing technology company Alexander has executed a commercial and technical partnership agreement with Turkish specialist mineral processing consulting company Proses. The agreement covers the potential application and use of Alexander’s proprietary processing technologies and know-how (MetaLeach Technology) in the Middle East, including […]
Tehran and Erbil have reportedly agreed to raise the number of border crossings between them to six from a current three According to official KRG figures, Iran represents the Kurdish region’s second largest trading partner after Turkey Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran and northern Iraq’s Kurdish Regional Government hope to […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Months after the idea was first publicized, it seems that Iran is now inching closer to tapping into the potentials of blockchain technology to operate its own virtual currency. On Wednesday, Minister of Communications and Information Technology Mohammad Javad Azari-Jahromi, used his Twitter account to provide […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; In continuation of the initiative to transfer the bank accounts of state-owned enterprises to the Central Bank of Iran with the aim of boosting transparency, income accounts in provinces other than Tehran will be moved during the next fiscal year (starting March 21). According to Masoud […]
One of the principles of forex market transparency is that the person or institution offering the service should identify who receives those services. Therefore, KYC is a serious issue related to anti-money laundering and combating the financing of terror Market oversight will continue with Law-Enforcement Forces, Interior Ministry and judiciary having devised forex rules that […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Foreign ministers of the Netherlands and Spain are in Tehran for expansion of bilateral economic and political ties. Sigrid Kaag, who also doubles as minister of foreign trade and development cooperation of the Netherlands, met with President Hassan Rouhani on Wednesday. The two sides stressed the […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The development of the strategic Chabahar Port is becoming a success story in the Iran-India relationship. The Iranian port on the Sea of Oman is a key project for the two countries. Originally agreed to in 2003 between the two countries, the project was suspended during […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; As the 700 delegates from 203 jurisdictions of the Financial Action Task Force Global Network are discussing issues surrounding the security of the global financial system, all eyes are on the Paris meeting awaiting the final decision of the global anti-money laundering group on Iran that […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Iranian Parliament decided on Saturday that companies with losses exceeding half of their capital will be exempt from taxation on capital increase through revaluation of fixed assets. The measure, once implemented, can help a number of financially struggling companies stand on their feet, with one […]
Encouraging the issuance of innovative debt instruments through regulatory support is considered a major step forward taken by the Securities and Exchange Organization of Iran In 2016 alone, 11% of the total market value worth around $7 billion were distributed as dividend payout, which could be considered a remarkable domestic resource for further financing large […]
