Reported by HPMM Group according to FINANCIAL TRIBUNE ; Japan International Cooperation Agency signed a grant aid agreement worth up to 1.53 billion yen ($10.7 million) with Iran’s Health Ministry in Tehran on Monday to help Iran improve its medical equipment. The agreement will help supply equipment required for the early detection and treatment of […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Lawmakers on Tuesday passed a number of measures related to the banking system and the National Development Fund of Iran while reviewing articles of the fiscal 2018-19 budget. According to ICANA, the official news portal of the parliament, the first measure pertained to the process of […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran exported more than $6 million worth of goods to Ghana in the 10 months to Jan. 20, registering a 127% increase compared with the similar period of last year, the deputy head of Trade Promotion Organization of Iran for Arab-African affairs said. Mehrdad Fallah also […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The research arm of the parliament has revised upward its estimates of economic growth for the current fiscal year (March 2017-18) from the previous 4.1% to 4.6%. According to Majlis Research Center, the two sectors of transportation services (8%) and general services (11%) will register the […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Central Bank of Iran has belatedly released its regulatory framework for the operations of payment aggregators, coming one step closer to completing its overarching vision for fintechs and cryptocurrencies. Published on its website, CBI’s legal framework for payment aggregators–service providers through which e-commerce merchants can […]
Ultra-rich Iranians, those who belong to the top income percentile, spend 86 times more than the poorest percentile, as the bottom 10% (the poorest decile) spend 1-14th of the sum spent by the richest decile With oil revenues at their disposal, Iranian governments have failed to build an integrated, workable system capable of generating revenues […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran has established banking relations with close to 300 foreign banks two years after the landmark nuclear deal with world powers, the Central Bank of Iran announced. In its latest series of reports published on its website to mark the 39th anniversary of the Islamic Revolution, […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Afreight train arrived in Iran’s northern border city of Astara from Russia’s St. Petersburg on Thursday, marking the inauguration of a cross-border strand of the International North-South Transportation Corridor. The train made its journey through Azerbaijan, using the so-called Astara-Astara Railroad, which connects the Iranian city […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Setting a strong pace for 2018, Muscat-based low-cost airline SalamAir has announced the launch of its first destination in Iran. Starting Feb. 28, the airline will operate two weekly flights to Shiraz and back with ticket fares as low as OMR80 (about $208), Muscat Daily reported. […]
The conference highlighted successes in the Iranian banking sector, international correspondent banking relations and cross-border trade finance Reported by HPMM Group according to FINANCIAL TRIBUNE ; As high-profile Iranian and European officials gathered in Paris on Thursday for the Euromoney Iran Conference 2018, an upbeat mood permeated the event with participants forecasting better investment prospects […]
