Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The direct-reduced iron plant of Neyriz Ghadir Steel Company was inaugurated on Saturday in a ceremony attended by First Vice President Es’haq Jahangiri, Industries Minister Mohammad Shariatmadari and the head of Iranian Mines and Mining Industries Development and Renovation Organization, Mehdi Karbasian. Located in Fars Province, […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The Central Bank of Iran has welcomed the country’s risk rating improvement from 6 to 5 by the Organization for Economic Cooperation and Development, regarding it as another promising signal of the country’s enhancing financial and credit status in international markets. In a statement published on […]

The twin bills are currently being debated in the Majlis Legal and Judicial Commission while another bill on Iran’s accession to the International Convention for the Suppression of the Financing of Terrorism is being debated at the powerful Supreme Nation Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Determined to permanently exit the blacklist […]

]Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Regional turboprop manufacturer ATR is hopeful that worsening relations between the US administration and Iran will not hinder its business ties with Tehran. ATR delivered eight aircraft to Iran Air in 2017 and plans to deliver a further 12 by the end of this year, as […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Iran’s Islamic Revolution Mostazafan Foundation and China Railway Academy Company signed a memorandum of understanding in Beijing on Thursday regarding the financing and construction management of Section 3 of Tehran-North Freeway. As per the MoU, the two sides will survey different aspects and details of the […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Europeans spent much of last year trying to convince US President Donald Trump to do no harm to the nuclear deal Iran signed with world powers in 2015, also known as Joint Comprehensive Plan of Action. Trump’s policy toward Iran is clearly at odds with European […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;      The People’s Bank of China, the central bank of the East Asian nation, has reportedly given the green light to Iranian private sector investors interested in purchasing the shares of Chinese banks. Iranians’ offer to buy shares in Chinese banks was first floated years ago, at […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;      The Organization for Economic Cooperation and Development (OECD) has unsurprisingly upgraded Iran’s rating in the country risk classifications of the Participants to the Arrangement on Officially Supported Export Credits (CRE) from 6 to 5. The long-awaited upgrade was announced following the organization’s last meeting on Friday. The last […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Iran and Azerbaijan will sign an agreement on the financing of Rasht-Astara Railroad project next month. Announcing the above, Nurollah Beiranvand, the deputy head of the Islamic Republic of Iran Railways, also told Azerbaijan Press Agency’s Tehran bureau that the agreement will cover midterm planning. “Azerbaijan […]