Reported by HPMM Group according to FINANCIAL TRIBUNE ; S ince the implementation of Iran’s nuclear deal with major world powers in January 2016, Bank Melli Iran has had a turnover of $20 billion, the bank’s official website announced. According to a report published on Monday, before the implementation of JCPOA when financial sanctions intensified […]
A senior official at the Iran-China Chamber of Commerce and the economy minister have denied the en masse closure of Iranian bank accounts in China Bank account closures in China have nothing to do with the latest US sanctions against Iran, as they have been imposed on certain entities and individuals and are completely unrelated […]
It is estimated that sanctions on Iran cost the United States $203-271 billion in export revenues Experts are doubtful of the possibility of the US being able to persuade Europe to re-impose sanctions while Iran is fully complying with the nuclear deal Reported by HPMM Group according to FINANCIAL TRIBUNE ; T he US might […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; T he fourth edition of the Europe-Iran Forum has been scheduled to be held in Zurich on October 3-4, 2017. European business leaders and policymakers will convene with their Iranian counterparts, setting an agenda for trade and investment at the upcoming event. According to a press […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;M iddle East Bank is set to open its Munich branch in the German state of Bavaria by the end of September, a board member of the bank announced. “The inauguration of the branch was supposed to be finalized by the end of August, but there has […]
Iran-China officials discussed various dimensions of economic ties, especially those concerning banking relations Iran has continuously introduced a variety of projects to China, which have been welcomed and will receive finance in the foreseeable future Reported by HPMM Group according to FINANCIAL TRIBUNE ;M inister of Economic Affairs and Finance Ali Tayyebnia met with Chairman […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;China will finance 88% of the project to electrify a 926-km railroad between Tehran and the eastern city of Mashhad, Islamic Republic of Iran Railways’ deputy head, Maziar Yazdani, said. The financing contact, considered to be the first such deal after the removal of international nuclear sanctions […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;Spain, China and Germany have been the leading foreign investors in Iran’s industries and mining sectors since President Hassan Rouhani took office in August 2013 with $3.14 billion, $1.33 billion and $1.1 billion worth of investments respectively, director general of the Ministry of Industries, Mining and Trade’s […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ;The annual general meeting of the Central Insurance of Iran company was held on Friday in Tehran and the head of the regulatory body presented a report on the performance of insurance sector, indicating that premiums and penetration rate have both risen during the last Iranian year […]
CBI has tweaked regulations that will effectively dictate how much debts and assets each bank or non-bank credit institution can hold Reported by HPMM Group according to FINANCIAL TRIBUNE ;In its latest directive, the Central Bank of Iran has raised the limit on the maximum amount to which the ratio of debts and assets held […]
