Italy Bolsters Iran Ties, Despite US Displeasure

Italy Bolsters Iran Ties, Despite US Displeasure

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Italy concluded a series of commercial talks with Iran this week, strengthening ties with the Middle Eastern country, despite the United States adopting a more hardline approach toward Tehran. When Washington helped broker a landmark nuclear deal with Iran two years ago, Italy, one of the […]

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Digital Banking Infrastructure in Place

Digital Banking Infrastructure in Place

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    The minister of communications and information technology has announced that Iran’s infrastructures are ready for the implementation of digital banking. “The Ministry of Communications and Information Technology is responsible for establishing the necessary infrastructure for the implementation of digital banking in the country such as data […]

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Happy International Accounting Day

Happy International Accounting Day

Happy International Accounting Day November 10th is International Accounting Day. A day to reflect on what it means to be an accountant and a great opportunity to celebrate all accountants. Each year on November 10th, we pay tribute to the work of Luca Pacioli, “The Father of Modern Accounting.” We also honor all those who […]

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Iran-EU Trade Rises

Iran-EU Trade Rises

Iran’s exports to the 28 European countries stood at €۷٫۳ billion, registering more than a twofold rise year-on-year, while imports amounted to €۷٫۵ billion, which is 1.3 times YOY Food trade between Iran and the European Union has leaped by 94% since the nuclear deal between Iran and world powers was signed in 2015 Reported […]

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Iran, Estonia Call for Promotion of Relations

Iran, Estonia Call for Promotion of Relations

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Iranian Vice President for Women and Family Affairs Massoumeh Ebtekar and President of Estonia Kersti Kaljulaid met in Iceland on Thursday, calling for expansion of mutual relations and cooperation. The meeting was held on the sidelines of the Women Political Leaders Global Forum in Rykjavik, capital […]

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Iran, Belarus on Track to Broaden Banking Coop

Iran, Belarus on Track to Broaden Banking Coop

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    In line with developing economic and political relations, Iran and Belarus are to expand their banking cooperation, it was announced in a meeting between First Vice President Es’haq Jahangiri and Andrei Kobyakov, the prime minister of the East European state. The officials met on Friday on […]

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Iran Prioritizes Three Sectors for Using Foreign Financ

Iran Prioritizes Three Sectors for Using Foreign Financ

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Iran will use the recent flow of foreign finance it received mainly to fund export and energy sectors in addition to projects boosting jobs, the head of the Organization for Investment, Economic and Technical Assistance of Iran announced. “Following the nuclear deal, we are increasingly witnessing […]

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Agreement to Boost FDI in Free Zones

Agreement to Boost FDI in Free Zones

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    The High Council of Free Zones and the Organization for Investment, Economic and Technical Assistance of Iran have signed a memorandum of understanding to boost foreign direct investment in free trade zones. The agreement is aimed at “improving the strength of national economy by using the […]

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Iranian Steel Billet Gains Acceptance in Global Market

Iranian Steel Billet Gains Acceptance in Global Market

In the first half of the current Iranian year (March 21-Sept. 22, 2017), billet shipments from the country rose 25% year-on-year to 1.6 million tons Iranian billet price competitiveness in the seaborne market can be attributed to a number of factors, including its natural resources and lower domestic demand for the product Reported by HPMM […]

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Bank Maskan to Become Regional Development Bank

Bank Maskan to Become Regional Development Bank

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    As part of its roadmap until the end of the second term of President Hassan Rouhani in the fiscal 2021-22, which will coincide with the turn of the Iranian century, Bank Maskan—the agent bank of the housing sector—aims to become a regional development force. As envisioned […]

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