Iran to Join UN Convention Against Organized Crime

Iran to Join UN Convention Against Organized Crime

Members of Iranian Parliament have passed a bill to join the United Nations Convention Against Transnational Organized Crime President Hassan Rouhani’s representative supported the UN convention bill, calling it “one of the unavoidable necessities of the country at present” Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The Iranian Parliament on Wednesday passed a […]

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Iran Ranked 27th Among 74 Emerging Economies

Iran Ranked 27th Among 74 Emerging Economies

Iran’s labor productivity, poverty rate, median income and dependency ratio were among the top 20% emerging countries Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran came in 27th in World Economic Forum’s latest ranking of 74 emerging economies based on the Inclusive Development Index. The index shows a 0.92% decline based on percentage […]

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Iran-Belarus Agro Trade Up 58%

Iran-Belarus Agro Trade Up 58%

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Iran and Belarus traded $14.5 million worth of agricultural products during the 10 months to Oct. 31, 2017, to register a 58% increase compared with last year’s corresponding period. This was announced by Belarusian Deputy Minister of Agriculture and Director of the Veterinary and Food Control […]

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Rouhani: Forex Reserves Sufficient to Stabilize Market

Rouhani: Forex Reserves Sufficient to Stabilize Market

The president stressed that it is not in the interest of the government to let the foreign exchange rate surge to fund its expenditures Another part of Rouhani’s comments concerned the row over unlicensed financial and credit institutions that had bothered the country’s financial system Reported by HPMM Group according to FINANCIAL TRIBUNE ;     President […]

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Armenia Calls on Iran, EEU to Use Meghri FEZ

Armenia Calls on Iran, EEU to Use Meghri FEZ

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Armenian Prime Minister Karen Karapetyan has called on Eurasian Economic Union member states to take advantage of preferential terms in Meghri Free Economic Zone and export goods to Iran. Karapetyan also called on Iran to export its products to EEU via the FEZ. The free economic […]

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Banking Future, Fintechs Take Center Stage

Banking Future, Fintechs Take Center Stage

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The second and final day of the biggest electronic banking event in Iran featured several international keynote speakers, included several side events and workshops, on Tuesday. While the opening day of the Seventh Conference on Electronic Banking and Payment Systems organized by the Monetary and Banking […]

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Largest Banking Event Promises Bigger Role to Digital Economy

Largest Banking Event Promises Bigger Role to Digital Economy

The Telecoms Ministry has drafted the strategic blueprint of digital economy in collaboration with the ministries of economy and industries, as well as the central bank, which will be submitted to the parliament in a month Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Tehran’s iconic Milad Tower on Monday hosted one of the […]

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Upbeat Outlook for Housing Bonds

Upbeat Outlook for Housing Bonds

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Bank Maskan, the agent bank of the housing sector, is upbeat about emerging out of its years-long stagnancy, as 14.2 million housing bonds have been traded by the end of the 10th month of the current fiscal year on Jan. 20. The Iranian housing sector, mired […]

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Iran’s Largest Carmaker to Float Shares in Block Sale

Iran’s Largest Carmaker to Float Shares in Block Sale

The total sale value of Iran Khodro’s controlling stake stands at 9.76 trillion rials ($212.17 million) With a 49.3% share of the market, IKCO has had a good three quarters this fiscal year (March 21-Dec. 21) as it produced 510,297 units during the period, up 13% year-on-year Reported by HPMM Group according to FINANCIAL TRIBUNE […]

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Iranian Firm Invests in Kazakhstan Meat Plant

Iranian Firm Invests in Kazakhstan Meat Plant

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Iranian company Agro Portal, with the help of Kazakhstan’s National Company for Investment Support and Promotion, also known as Kazakh Invest, has invested in the construction of a halal meat processing plant in the Ondiris Industrial Zone in the Kazakh city of Semei. Iranian investment in […]

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