Reported by HPMM Group according to FINANCIAL TRIBUNE ; In about 10 days from now, the Financial Action Task Force–an international anti-money laundering group–will hold its regular plenary meeting in Paris to consider, among other items on its agenda, the Islamic Republic of Iran’s progress report on implementing an action plan to improve its anti-money […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Money and Credit Council, a top financial decision-making body, has approved regulations supervising the issuance of mortgage-backed securities, paving the way for all banks and credit institutions to tap into housing bonds. According to the Central Bank of Iran, whose governor heads the council and published […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Information on all foreign exchange traders’ transactions must be shared with the Iranian National Tax Administration, which are subject to income tax, the organization announced on Wednesday. “Institutional and non-institutional traders, bureaux de change, banks and financial and credit institutions and the Central Bank of Iran […]
The number of audiobook titles in Iran is expected to witness a tenfold rise in three years New formats, including ebooks and audiobooks, expand the scope of the book and publishing industry, create new revenue streams, sustain the current target audience and help attract new ones Reported by HPMM Group according to FINANCIAL TRIBUNE ; […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; China’s Chengda Engineering Company has finished the preliminary design of Section 3 of Tehran-North Freeway, the company’s investment representative in Iran said. “Negotiations between the Chinese company and Iran’s Islamic Revolution Mostazafan Foundation officials on designing, financing and executing the project began six months ago. The […]
Valiollah Seif made the statement as part of the banks’ efforts to dissuade investors away from the forex market that is experiencing volatile days with rial weakening to record lows The rollercoaster of exchange rates in the past couple of weeks seems to have undermined the markets’ faith in officials promising more stable days for […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Lawmakers have forced the insurance industry to pay millions of dollars more in taxes to the government in a move that has irked the head of Central Insurance of Iran, the entity in charge of regulating the industry. In an open session of the parliament on […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Bank Maskan, the agent bank of the housing sector, has eased conditions for its key target audiences, namely people tapping into its housing bonds scheme and citizens living in distressed areas. According to its newly-appointed chief executive, Abolqasem Rahimi Anaraki, the bank has reduced the interest […]
After the hospital comes on stream, the fund will be repaid to the Austrian side from the hospital’s revenue Reported by HPMM Group according to FINANCIAL TRIBUNE ; Atomic Energy Organization of Iran’s Spokesman Behrouz Kamalvandi has announced that Austrian banks have allocated €۲۰۰ million worth of finance for equipping Iran’s first nuclear hospital. Kamalvandi […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran gained a higher score in the American think tank Heritage Foundation’s 2018 Index of Economic Freedom. The country’s latest economic freedom score stood at 50.9, making the economy the 156th freest out of 180 countries. Its overall score has increased by 0.4 point, with modest […]
