Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The opening of Iran’s first House of Commerce in Russia is an “unprecedented event” that will strengthen trade links between the two countries, Astrakhan’s minister of international and foreign economic relations said. The first House of Commerce has opened in Astrakhan Oblast in the south of […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Iran and Switzerland have made significant improvements in their banking ties. This was announced by Iran’s Deputy Economy Minister Mohammad Khazaei after a meeting with Philippe Leuba, economy minister of Switzerland’s Vaud state, on Sunday. “The atmosphere seems to be suitable for Iran and Switzerland to […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The latest measures undertaken by the Central Bank of Iran have had a positive impact on interbank rates, bringing them down from the previous rates of  over 20%, said the head of the Iran Chamber of Cooperatives and a member of Money and Credit Council–a decision-making […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     This year’s Europort exhibition, which takes place at Rotterdam Ahoy from Nov. 7-10, will have a significant presence from Iran, one of the fastest growing markets in the maritime sector. Twelve companies are scheduled to participate in the Iran Pavilion, coordinated by the maritime and offshore […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     After Iran’s nuclear deal, the insurance industry’s international dealings have significantly increased, as Italian and German firms are keen on buying the shares of state-owned Iran Insurance Company, the president of Central Insurance of Iran said. “Iran’s insurance industry has a great potential for attracting foreign […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Minister of Economic Affairs and Finance Masoud Karbasian said the recent move by Chinese banks to close Iranian nationals’ accounts is “unreasonable”, saying that Iran is seriously seeking an end to the predicament. “It is unreasonable because fortunately the [Iranian] government is vigorously following up on […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The latest edition of Kish Invex expo, one of the most important events for the Iranian money and capital markets, opened on Monday on the southern coast of Kish Island. More than 250 local and 70 foreign companies have reportedly taken part in the event that […]

The exhibition is the only specialized event for halal meat, protein products and related industries in the world and the only meat industry exhibition in the Middle East Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Tehran is scheduled to host the Second International Exhibition of Meat and Related Industries known as Meatex on […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     US Treasury Secretary Steven Mnuchin squashed speculation that he has warned Turkish officials of possible sanctions targeting the nation in violation of Iran sanctions. “I did have conversations with them; I did not have specific conversations on sanctions,” Mnuchin told reporters, referring to talks with Turkey […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     Iran’s biggest confectionery company, which is also one of the biggest in the Middle East, is planning to enter Qatar’s retail market. Shirin Asal Food Industrial Group, with a turnover of about $5 billion per annum, is planning to set up a factory in Qatar. The […]