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World Bank Revises Up Iran’s Growth Estimates, Forecasts
Economy June 09, 2021 18:38 0 World Bank Revises Up Iran’s Growth Estimates, Forecasts . . . . . The World Bank has revised up its estimates and forecasts for Iran’s economic growth in its latest Global Economic Prospects reports published in June.According to the report, the economy is forecast to experience 2.1% and 2.2%
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Russia Resumes Regular Flights to Iran
Business And Markets November 10, 2021 23:44 0 Russia Resumes Regular Flights to Iran . . . . . As of Nov. 9, Russia has resumed regular flights to Iran as well as Bahamas, the Netherlands, Norway, Oman, Slovenia, Tunisia, Sweden and Thailand, which were interrupted due to the coronavirus pandemic.The Iran flights are operated
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TSE Appoints New Chief
Business And Markets November 07, 2021 23:40 0 TSE Appoints New Chief . . . . . The board of directors of Tehran Stock Exchange on Sunday appointed Mahmoud Goudarzi as the new head.Goudarzi was appointed as TSE caretaker on Sept.29 after the former CEO Ali Sahrae’e was forced to step down following a scandal
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Crackdown on Unlawful Cryptomining Continues
Business And Markets November 07, 2021 23:36 0 Crackdown on Unlawful Cryptomining Continues . . . . . The crackdown on unauthorized cryptomining continues in Iran with 227 more devices confiscated in the past week.Iran Power Generation, Distribution and Transmission Company, Tavanir, said the equipment were seized from 14 illegal centers across the country mostly
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CBI Governor in Baghdad
Business And Markets November 03, 2021 22:03 0 CBI Governor in Baghdad . . . . . Central bank officials from Iran and Iraq met Wednesday in Baghdad to review issues related to the extended delays in the repayment of Iraqi government's debts.Ali Salehabadi, governor of the Central Bank of Iran and his Iraqi counterpart
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Regulators Alone Cannot Resolve Contentious Cryptocurrency Issues
Business And Markets November 02, 2021 23:24 0 Regulators Alone Cannot Resolve Contentious Cryptocurrency Issues . . . . . The Central Bank of Iran is not capable of regulating cryptocurrencies, says the head of the Iran Blockchain Association, calling for creating an independent council to get the job done."We need a special council of
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SEO Denies Mutual Funds Pouring Into Gov’t Bonds
Business And Markets October 31, 2021 23:24 0 SEO Denies Mutual Funds Pouring Into Gov’t Bonds . . . . . Head of Supervision Department of Securities and Exchange Organization denied reports that investment funds are pouring resources into government bonds.In a talk with state TV, Meisam Fadaee addressed ongoing concerns of millions of retail
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Block Trade Okayed for Commodity Exchanges
Business And Markets October 31, 2021 23:22 0 Block Trade Okayed for Commodity Exchanges . . . . . Board members of the Securities and Exchange Organization approved a plan that enables investors in the Iran Mercantile Exchange and the Iran Energy Exchange to engage in block trade.“Prior to this block trade was limited to
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Insurers Assess Hormozgan Quake Payout at $25 Million
Business And Markets November 15, 2021 23:34 0 Insurers Assess Hormozgan Quake Payout at $25 Million . . . . . Insurance companies are looking into damage caused by the massive earthquake that struck southern Hormozgan Province off the Persian Gulf.Two strong tremors, the largest a 6.4, shook Bandar Abbas killing at least one person
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Illegal Cryptominers Gobbled $16.5 Million in Power Subsidies
Business And Markets November 14, 2021 22:27 0 Illegal Cryptominers Gobbled $16.5 Million in Power Subsidies . . . . . Illegal cryptomining centers shut by the Iran Power Generation, Distribution and Transmission Company (Tavanir) used 3.84 trillion rials ($16.5 million) in subsidized electricity and inflicted 380 billion rials ($1.3 million) in damages to the
