Friday, December 15, 2017  
todays news

Banks sold more than 15 trillion tomans of surplus assets over the past year

According to the presidents emphasis, banks must give up their surplus assets, including real estate and corporations, and this is a legal obligation, Karbassian said.

Government development payments up 60 percent

The Minister of Economy says that since the beginning of this year, the ministry has paid 33 thousand billion tomans in form of development budget, adding: 25 thousand billion tomans was paid during the last one hundred days, showing a 60 growth compared to the same period last year.

Economy Minister emphasizes the need for privatization of remaining state-owned insurances

Pointing to the seriousness of the Ministry of Economy in fully implementing Article 44 of the constitutional law in all areas, including the insurance industry, Karbassian emphasized the urgent need for the privatization of the remaining state-owned insurances.

Ikarus, CIMD Group sign cooperation agreement

A cooperation document was signed between the Hungarian Ikarus and Iran’s City Industries and Mines Development Group, a subsidiary of Shahr Bank.

Free zones are connected to electronic customs

President of the Islamic Republic of Iran Customs Administration (IRICA) says free zones will be connected to the electronic customs system with the aim of organizing imports.

Bank Melli Iran sings three financing agreements

Over the past 100 days, Bank Melli Iran has taken important steps such as signing three financing agreements (worth EUR 9.5bn), connecting directly Paris Branch to European payment systems Target 2, as well as the development of brokerage relations in South America.

CSDI issues 19 new trading codes for foreign investors

The managing director of the Central Securities Depository of Iran (CSDI) said 19 new trading codes were issued for foreign investors in the last Iranian calendar month ending November 21.

Energy, employment and export, top plans for foreign investment

The President of the Organization for Investment, Economic and Technical Assistance of Iran says the priorities of foreign financial resources entering the country are energy, employment and export projects.

Business environment changes in the near future

Deputy Minister of Economic Affairs and Finance of Iran says people will feel the changes in the business environment in the country in the near future.

BIM allocates 741 million dollars to production sector

Iran’s Bank of Industry and Mine (BIM) has allocated $741 million to industrial units in Fars province.
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