Reported by HPMM Group according to FINANCIAL TRIBUNE ; International Monetary Fund has commended Iran for achieving an impressive recovery in economic growth after the lifting of nuclear sanctions in 2016, maintaining inflation in single digits and stabilizing the foreign exchange market. IMF has projected Iran›s economic growth to stabilize at 4.5% over the medium-term, […]

Iran’s Petroleum Minister Bijan Zangeneh explored avenues for promoting cooperation between the two countries as well as obstacles in the way of mutual collaboration with Iraqi Prime Minister Heydar Al-Abadi in the capital city late on Monday. Reported by HPMM Group according to IRNA ;According to a statement by Iraqi Prime Minister’s Office, both officials […]

Reported by HPMM Group according to FINANCIAL TRIBUNE ; Tehran Chamber of Commerce, Industries, Mines and Agriculture is to host a high-ranking Slovak delegation on March7, 2017, to pursue the development of financial trade and ease banking relations and money transfer between Iranian and Slovakian banks. The delegation is headed by Slovakia’s Deputy Prime Minister […]

The new regulations for offshore banks are in line with policies to promote infrastructure development, economic growth, investment and job creation in FTZs Foreign banks planning to establish a branch in FTZs need to meet the capital requirement set by MCC Reported by HPMM Group according to FINANCIAL TRIBUNE ;Since three years ago, the Central […]

Reported by HPMM Group according to FINANCIAL TRIBUNE;  Tejarat Bank is looking to the UAE and China as the next target markets to expand its operations, announced the bank’s director for international affairs. Ali Mehrpour also detailed the bank’s plans to develop its foreign exchange services and correspondent relations with foreign banks. Mehrpour noted that […]

Iranian and Kyrgyz agriculture ministers will meet in Tehran on Sun. February 20 aiming to develop joint agro cooperation between the two countries. Reported by HPMM Group according to MEHR NEWS ;  The Minister for Agriculture, Food Security and Land Reclamation of the Kyrgyz Republic Murashev Nurbek Murpazylzhanovich will lead a seven-strong delegation to Iran […]

Deputy Iranian oil minister said American shale gas cannot be deemed a threat to development of Iran’s petrochemical industry for at least a decade. Reported by HPMM Group according to MEHR NEWS ;  On dangers and shale gas expansion in the US for development of Iranian petchem industry, Marzieh Shah-Daei said “for the coming 10 […]

Reported by HPMM Group according to FINANCIAL TRIBUNE;  In order to have a healthy bank, branch managers ought to ensure the bank’s profitability while abiding by the law and observing transparency. Farshad Heydari, the Central Bank of Iran’s deputy for supervisory affairs, made the announcement at a ceremony honoring successful bank and credit institution managers. […]

Reported by HPMM Group according to IRNA ;   French Ambassador to Iran Francois Senemaud said on Friday that his country’s automakers are determined to have cooperation with their Iranian counterparts. He made the remarks on the sidelines of the closing ceremony of a week-long French Educational Workshops in the city of Kashan, central Iran. Senemaud […]

Following a month of hiatus, electricity exports to Iraq was resumed after the neighboring country retired $350mn of its overall $1.3bn outstanding debt to Iran. Reported by HPMM Group according to MEHR NEWS ;  In the present week and in time with visit of an Iraqi delegation to Tehran, an agreement was eventually achieved over […]