Reported by HPMM Group according to FINANCIAL TRIBUNE ; As much as 1,000 trillion rials ($23.8 billion) had been projected as tax revenues in the current fiscal budget (March 2017-18), more than 85% of which (around $19 billion) were realized in the eight months to Nov. 21, the chairman of Iranian National Tax Administration said. […]
Tehran Chamber of Commerce, which was formally recognized by the International Chamber of Commerce as the main entity for devising corruption-free codes of conduct for private businesses, held its third annual anti-corruption event on Monday Reported by HPMM Group according to FINANCIAL TRIBUNE ; Ahead of the publication of the Global Corruption Report by Transparency […]
The total amount of general revenues in the budget bill stand at 4.24 quadrillion rials, 6.5% more compared to the budget law for the current year and 14.5% larger than the budget bill submitted to the parliament last year The central feature of the upcoming year’s spending bill is that the number of subsidy receivers […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iranian steelmakers and iron ore companies are actively working on the expansion of iron ore processing and direct reduced iron/hot-briquetted iron capacities to fulfill the government’s plan for a massive expansion of steel production to 55 million tons per year. This is being done despite investments […]
BMI, Iran’s biggest bank by assets, predictably attracts the main bulk of the incomes and expenses at 316.8 trillion rials ($7.53 billion) and 316.3 trillion rials ($7.518 billion) respectively Ministry of Cooperatives, Labor and Social Welfare and the Ministry of Communications and Information Technology, respectively in charge of Cooperatives Development Bank and Post Bank, have […]
Italy tops the list of Iran’s biggest export destinations in the EU, as it imported €۲٫۲ billion worth of Iranian commodities during Jan.-Sept Germany was the biggest European exporter to Iran during the period, shipping €۲٫۱۲ billion worth of goods Reported by HPMM Group according to FINANCIAL TRIBUNE ; The latest Eurostat data shared with […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iranian Reinsurance Company (IranianRe), affiliated to Bank Pasargad, has linked up with a number of major international reinsurance companies for establishing relations and receiving reinsurance coverage. C-level executives with the reinsurer have met with their counterparts at SCOR SE, PartnerRe and Nasco Insurance Group, and conducted […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Adelegation from Iran’s private sector headed by Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei is scheduled to visit the Netherlands from Jan. 28 to Feb. 1, 2018. The trade mission will comprise Iranian businesspeople active in the fields of agriculture, seeds, […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Iran-Brazil Chamber of Commerce hosted a visiting delegation from the Brazilian Trade and Investment Promotion Agency, also known as Apex-Brasil. Kaveh Zargaran, the Iranian co-chair of the chamber, discussed a wide range of issues, including joint investments, ways of facilitating bilateral trade, banking measures to […]
A total of 57 projects has received official guarantees to employ foreign funds while roughly $23 billion in foreign finance agreements have been signed in the first 100 days of President Hassan Rouhani’s second term Reported by HPMM Group according to FINANCIAL TRIBUNE ; Foreign finance agreements signed in the first 100 days of President […]
