We live in a tumultuous world where disrespect and even violence seem to be – unfortunately – the preferred choice to introduce own interests and positions, be it on the level of world powers, regional powers, interst groups or on the level of families. We notice with endless sadness that almost all of those showing disrespect […]

Indian companies became one of the most important foreign investors around the world in the past years. The strong European brands and advanced technology attract Indian investors to Europe. Within the European Union Germany is the biggest trading partner of India and the third most favoured investment destination globally after the US and the UK. […]

During the last meeting of the Money and Credit Council on Tuesday, new directives were approved with the aim of raising the capital adequacy ratio of banks, coordinated with international standards. According to the Central Bank of Iran, this decision has taken by the financial sector’s authority who deal with banking sectors’ capital base development […]

According to the Central Bank of Iran’s recent report, Iran economy grew 12.5% during April 2016 – March 2017 in comparison to the previous year, under an OPEC deal with the aim of eroding global inventories and lifting crude prices. Following the lifting of international sanctions against Iran in January 2016, oil production is allocated […]

The Indian Union Cabinet, chaired by the Prime Minister of India, Mr. Narendra Modi has officially approved the India Cyprus Merchant Shipping Agreement, which was signed in April this year. The India-Cyprus Merchant Agreement was signed with the aim to boost better cooperation and to eliminate the hurdles and challenges of traders, thus to develop […]

The governor of the Central Bank of Iran (CBI) announced 22 Iranian banks have linked-up with Oberbank, one of Austria’s largest banks, to boost economic and banking ties between Iran and Austria. Following the CBI governor, Valiollah Seif, recent talks with an Austrian banking delegation in Tehran, he stated that both countries’ central banks have […]