ECO believes that the basis for a strong economy is rooted in culture and expands interactions through what it calls “innovative economy” Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Economic Cooperation Organization, founded in 1985 in Tehran by Iran, Turkey and Pakistan, is the second largest regional organization after the European Union […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; R ussia’s Vnesheconombank, otherwise known as VEB, has signed a contract with Iran’s Bank of Industry and Mine to finance a thermal power plant project in Hormozgan Province. The contract has been signed by the representatives of the Central Bank of Iran and Thermal Power Plant […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Tehran Chamber of Commerce, Industries, Mines and Agriculture will dispatch trade delegations to Switzerland, Belarus, Slovakia and Austria by the end of 2017 and host one from Italy. A group of business figures, led by TCCIM chief, Masoud Khansari, and the head of Iran-Switzerland Chamber of […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; I ranian gold producers are taking measures to improve their international ranking by increasing the quality of their products, an official with Tehran Gold and Jewelry Union said. Ahmad Vafadar also said Iranian producers have recently imported state-of-the-art technologies from Italy, which would definitely leave a […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; An official of the Central Bank of Iran has announced the details of regulations related to dormant accounts that were passed by the Money and Credit Council in early August. “The large number of inactive bank accounts without any financial circulation has been on the agenda […]
Banking executives of both nations met for bilateral negotiations on removing hurdles on the way of establishing banking ties and engaging in banking transactions The two entities agreed to facilitate banking services for exporters and importers of both countries in a move designed to meet growing demand for financial services due to increased trade Reported […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Two Indian firms have signed an agreement with the Industrial Development and Renovation Organization of Iran to finance the construction of a rolling stock manufacturing company. The agreement was signed in Tehran on Wednesday in the presence of IDRO’s Chairman Mansour Moazzami, who is also a […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Acomprehensive system for exchanging information on combating money laundering pertaining to Bank Melli Iran, the nation’s biggest lender, has been established by the bank with the support of the Ministry of Economic Affairs and Finance. Gholamreza Panahai, a member of BMI’s board of directors and Meysam […]
The Iranian business community is teaming up with global rating agencies to provide a roadmap for economic liberalization and remove negative stereotypes falsely projected in the world media about conditions in Iran The entry of Fraser Institute into Iran would mark the beginning of the arrival of major rating agencies in Iran Reported by HPMM […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Foreign exchange rates increased in Tehran’s market on Wednesday, following the Central Bank of Iran’s latest regulations concerning foreign currency offered at banks to travelers. According to the latest directive by the policymaker published on its official website, banks are allowed to “sell travel currency at […]
