Iran stock market membership in IOSCO becomes final
Chairman of Securities and Exchange Organization of Iran Mohammad Fetanat said on Saturday that Iran’s membership status in International Organization of Securities Commissions (IOSCO) became final. Fetanat said that Iran’s capital market, with longstanding activities in the field of stock exchange, is to become member of the IOSCO for the…
SWIFT open to four more Iranian banks
Iran’s media reported on Thursday that four more of the country’s banks have been reconnected to SWIFT, the global provider of secure financial messaging services. The banks are all the foreign branches of key Iranian banks. They include the Yerevan branch of Bank Mellat, the Dushanbe branch of Tejarat Bank…
Talks Underway between Visa, Master Card Iran banks
Negotiations with big credit card issuers, namely Visa and Master Card, are underway to introduce their cards to Iran’s market, the CEO of Shaparak payment and settlement network said on Wednesday. Mohsen Qaderi, however, added that the process could take a long time. “The success of the talks hinges on…
Speaker foresees bright future, economic prosperity for Iran
Parliament (Majlis) Speaker Ali Larijani said Iran has a promising prospect adding that Supreme Leader’s guidelines have depicted an appropriate path for the country’s development. Speaking at a local gathering in his northern hometown Amol, Mazandaran Province, on Tuesday, he supported naming of the new Iranian year (started 20 March)…
Germans are interested to set joint investment in Iran
A high ranking official with EFiS EDI Finance Service AG said German economic circles want speedy connection of Iranian Banks to SWIFT so that German companies can set joint investment with Iran. Armin Gerhardt told journals that companies like Volkswagen and Siemens are interested in Iranian Banks’ connection to Society…
12-fold rise in foreign dealings in Iranian capital market
Managing Director of the Central Securities Depository and Settlement Company (SAMAT) Mohammad-Reza Mohseni said on Monday that 12-fold growth was observed in foreign dealings in the past two months. Capital Market (SANA) Website quoted Mohseni as saying that 250,000 people bought houses through the capital market last year. He said…
Iran, Pakistan mull grounds for trade, investment
Iranian and Pakistani businessmen and economic activists in a joint meeting here on Friday discussed the grounds for bilateral trade and mutual investment. Head of Iran’s Chamber of Commerce and Industry Mohsen Jalalpour and Head of Pakistan Investment Council Meftah Esmaeil were co-chairing the meeting. Iran’s embassy economic attaché Mustafa…
Iran, Pakistan businessmen meet in joint forum
Iranian and Pakistani businessmen from both public and private sectors came together here on Saturday at a joint meeting attended by the Pakistani Prime Minister and the Iranian President who is on the second day of his visit to Pakistan. Welcoming President Hassan Rouhani and Muhammad Nawaz Sharif and other…
Iran, Ivory Coast underline development of economic ties
Iran’s Ambassador to Abidjan Mansour Shakibmehr in a meeting with Head of Customs House of Ivory Coast Colonel Major Issa Coulibaly underlined necessity to develop economic ties and cooperation between customs houses of the two countries. Considering that Abidjan is the second largest port in Africa and a great deal…
Iran, Pakistan mull grounds for trade, investment
Iranian and Pakistani businessmen and economic activists in a joint meeting here on Friday discussed the grounds for bilateral trade and mutual investment. Head of Iran’s Chamber of Commerce and Industry Mohsen Jalalpour and Head of Pakistan Investment Council Meftah Esmaeil were co-chairing the meeting. Iran’s embassy economic attaché Mustafa…
