For years, Iran has been using various financial mechanisms to enable it to carry out international trade in foreign currency and bypass various economic sanctions (MPC, the Obama-era sanctions regime, FATF black list, PMLC). In this way ...
Iran’s Bank Tejarat has committed to providing finances required for a major fuel pipeline project in the country’s south as part of a contract signed with the Iranian Oil Ministry.
A member of the Tehran’s Chamber of Commerce says the country's banks do not have enough money to provide loans and credits to the manufacturing sector.
Iran's Road and Urban Development Minister Rostam Qasemi who is visiting Syria said on Thursday that the two countries will establish a joint bank, Trend reports citing IRNA .
Last month we faced a very strange claim by Iran’s Central Bank. Right after that and with the use of the numbers published by the regime’s Central Bank and while all the economic statistics speak about the ...
Iran’s President Ebrahim Raisi has recently declared that he does not intend to increase the country’s liquidity. “I decided to compensate for budget deficits and decrease inflation,” he said. However, how is he supposed to perform such ...
Bahrain’s top court has upheld the verdict issued in what was described as the largest money laundering case in the history of the Kingdom, convicting the Future Bank and six of its officials, the Central Bank of ...
Iranian president Ebrahim Raisi has announced that his government will not be seeking to increase liquidity in the country and the country’s monetary base will not be increased. And he will decrease the budget deficit and inflation.
A US appeals court ruled on Friday that state-owned Turkish lender Halkbank can be prosecuted over accusations it helped Iran evade American sanctions, reported Reuters.
Iran has appointed Ali Salehabadi as head of the central bank, Iranian state TV reported on Wednesday, as the Islamic Republic’s economy reels under U.S. sanctions.
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