Reported by HPMM Group according to FINANCIAL TRIBUNE ; Atotal of 70 trillion rials ($1.5 billion) have been earned during the first eight months of the current fiscal (started March 21, 2017) from newly identified economic operators, the chairman of Majlis Economic Commission said. Noting that tax evasion stands at 30-40% of total tax revenues […]
Iran exported more than €۹٫۲۲ billion worth of commodities to the EU, up 100% and imported €۹٫۳۳ billion, indicating a 30% rise YOY Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran’s trade with the European Union member states during the 11 months to Nov. 30, 2017, stood at close to €۱۸٫۵۶ billion, registering […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Maku Free Trade Zone in northwesternmost Iran will inaugurate an airport in February. An opening ceremony has been scheduled during the Ten-Day Dawn ceremonies, which fall between Feb. 1 and 11, marking the anniversary of the 1979 Islamic Revolution, the CEO of Maku FTZ. “Some 1 […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Armenian Prime Minister Karen Karapetyan said trade between Iran and Armenia during the 10 months of 2017 was worth only $62.5 million, excluding energy. “The trade growth rate between our countries is one of the most insignificant in comparison with other countries, only 9-10%. So our […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Central Bank of Iran is focused on creating new models of payments involving mobile phones and boost the security of existing ones, the head of the bank’s Payment Systems Department said. Davoud Mohammad Beigi added that micro payments have currently emerged as one of the […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Germany accounts for about 60% of the investments made by European Union states in Iran, the deputy energy minister for international affairs said. “Iran and Germany established very good economic relationship with each other, especially in the past years, in such a way that most of […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; In the latest meeting of President Hassan Rouhani’s Cabinet on Sunday, the Ministry of Economic Affairs and Finance was officially given the go-ahead to guarantee the recent foreign finance deal clinched with Italy. The ministry is the official entity in charge of issuing the sovereign guarantee […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Top officials from the Central Bank of Iran and Turkey along with senior bankers met in Tehran on Sunday to discuss new ways of developing banking relations between the two neighboring states. Leading the talks were Ahmad Araqchi, CBI’s deputy for foreign exchange affairs, and Murat […]
The Canadian planemaker has obtained the license for sales of 10 aircraft from the US Treasury’s Office for Foreign Assets Control and is ready to finance 80% of the order Deliveries are expected to begin ten months after the deal is unveiled Reported by HPMM Group according to FINANCIAL TRIBUNE ; Canadian planemaker Bombardier has […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran Insurance Company, the biggest state-owned insurer that will soon become the only government-run insurer after shares of other companies are sold, is to establish a first-of-its-kind specialized life insurance complex. “In line with the emphasis of the Central Insurance of Iran and the High Council […]
