After coordination is made with the Supreme National Security Council and its decisions are taken into account, the report will be read to the lawmakers in an open session Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Majlis Economic Commission will present its report on Iran’s status vis-à-vis the Financial Action Task Force […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Bank Mellat is to launch a comprehensive project with the aim of boosting digital banking across all its services, its chief executive said. “In addition to enabling the possibility of offering distinctive bank services and increasing the facility, security and speed of offering these services to […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Although some called for allowing moneychangers to deal in virtual currencies, especially the ubiquitous Bitcoin, all Iranian bureaux de changes are currently prohibited from engaging in deals involving cryptocurrencies. “Foreign exchange transactions are not handled electronically and online in any Iranian exchange shops, because the related […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran is in talks with India’s Ministry of Commerce and Industry to purchase 250 diesel locomotives, Chairman of the Islamic Republic of Iran Railways said. “The contract for this purchase will be signed in less than six months,” Saeed Mohammadzadeh, who is also deputy minister of […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; An agreement was signed between Iran and the Czech Republic on Monday to support mutual investment. It was signed by the head of the Organization for Investment, Economic and Technical Assistance of Iran, Mohammad Khazaei, and Czech Republic Ambassador to Iran Svatopluk Cumba, IRNA reported. After […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; China signed a contract with Iran on Monday to extend $2 billion in finance for the construction of five hospitals in the Islamic Republic. The finance will be provided by the Exim Bank of China and China Development Bank. The agreement was signed in the presence […]
Iran is urged to advance financial sector reforms that also see the government take additional fiscal measures to reduce debt, unify the exchange rate and transition to a market-based monetary policy framework Reducing legal and social barriers and pay gaps; subsidizing child care to low-income women; and tackling informality would create job opportunities for women […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Majlis Economic Commission is to hold a top-level multilateral meeting to discuss the fast-growing cryptocurrency Bitcoin in the coming days, the head of the parliamentary commission said. “It has been decided to hold a meeting with the officials of the Central Bank of Iran, the Ministry […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; China has opened a $1.7 billion line of credit for the electrification of the 926-km railroad from Tehran to the eastern city of Mashhad in Khorasan Razavi Province, five months after a contract was signed for the project in Tehran. According to the Persian daily Donya-e-Eqtesad, […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Two firms from Italy and Germany are negotiating to buy the shares of Iranian insurance companies, the head of Central Insurance of Iran announced. “I cannot mention the names of companies since they might not reach an agreement with the Iranian side, but the negotiations with […]
