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Iran Accounting, Tax Advisory and Auditing Firm
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News Archive
2
January ,2017

Tayyebnia(Economy Minister): Government Rewriting Monetary Policy

The government is unwilling to pull down the inflation further. Economy Minister Ali Tayyebnia said the government has reached “the stiff core of the inflation” and that “it has become difficult to fight it” [...]
2
January ,2017

5 Banks Offer $2.2b Syndicated Loan for Bidboland Gas Project

B ank Sepah has opened a $1 billion credit line for a gas refinery project, as the first tranche of a $2.2 billion syndicated loan, said Bank Sepah’s chief executive [...]
19
December ,2016

Iranian Bank Cards’ Int’l Linkup by March

The plan to prepare the ground for Iranian bank cards to be used in other countries will be implemented at the beginning of the next fiscal year in March, announced the deputy for innovative technologies at the Central Bank of Iran [...]
12
December ,2016

Boeing Signs $16.6b Deal for 80 Passenger Jets

Flag carrier Iran Air signed a final contract in Tehran on Sunday to purchase 80 passenger jets from American plane manufacturer Boeing [...]
10
December ,2016

Swiss Banks Urged to Increase Iran Business

Banks in Switzerland could seize the opportunity of playing a leading role in financing investment projects in Iran, President Hassan Rouhani’s chief of staff said in a meeting with members of Swiss Bankers Association on Thursday [...]
3
October ,2016

Oil Giants Slip in List of Leading Energy Firms

Integrated oil majors like ExxonMobil, Chevron and Shell once dominated the standings of the world’s leading energy companies, with assets, revenue and earnings far outpacing just about everyone else [...]
1
October ,2016

Renault Signs Deal for Iran Venture

R has reached a deal with Iran's government to open a plant for making at least 150,000 vehicles a year, as European companies race for a share of Iran's market now that international sanctions have been lifted [...]
25
September ,2016

Airbus, Boeing Executives to Visit Tehran Soon

R epresentative from French planemaker Airbus and its American rival Boeing, which recently acquired a vital US license to sell jetliners to Iran, will travel to the Islamic Republic in the coming week to pursue talks with Iranian airlines, announced Minister of Roads and Urban Development Abbas Akhoundi on Saturday [...]
10
September ,2016

Tavanir Promoting Benefits of DG Systems

plans are underway to build new power plants with distributed generation (DG) system and a capacity of 4,000 megawatts during the sixth five-year economic development plan (2016-21). [...]
20
Aug ,2016

KIMIA Made History as the First Iranian Woman Medalist at Rio

Taekwondoka Kimia Alizadeh Wins Bronze [...]
9
Aug ,2016

FDI Tops $5 Billion in Six Months

A senior government official says 66 foreign direct investment projects worth $5.16 billion are being implemented after the nuclear agreement (Joint Comprehensive Plan of Action) came into effect in January [...]
1
Aug ,2016

Package Holidays Outdo Independent Travel in Iran

Finding travel agencies in major cities of Iran is not difficult; there is one around every corner, offering a variety of tours to different locations [...]
1
Aug ,2016

Banks in the Spotlight as Forex Rules Change

The Central Bank of Iran on Sunday officially allowed banks to start trading in the open hard currency market in line with its declared aim to unify the forex rates. Given the history of similar moves in the past, the move attracted mixed reactions with many commentators reiterating the fact that a single forex rate is central to attracting foreign investment [...]