Hong Kong joins the BEPS Agreement PUBLISHED ON 29/06/2016
On the 20th of June, Dr. KC Chan the Secretary for Financial Services and the Treasury has announced that Hong Kong will join the OECD (Organisation for Economic Co-operation and Development) Base Erosion and Profit Shifting project as an associate in the framework for implementation of the package of measures against multinational corporation tax avoidance. […]
Tejarat Bank is to establish a branch in Norway PUBLISHED ON 26/06/2016
According to Second Secretary for Economic Affairs with the Royal Norwegian Embassy in Tehran, Tejarat Bank, one of the major Iranian lenders, will open a branch in Norway in line with banking relations with the Scandinavian countries. This was announced in a meeting with the international affairs deputy of Iran Chamber of Commerce, Industries, Mines […]
Stefan Nolte elected president of the Cyprus-Germany Business Association PUBLISHED ON 23/06/2016
Stefan Nolte, Director of Shanda Consult, has been elected as the new president of the Cyprus-Germany Business Association on its Annual General Meeting yesterday. The new vice presidents are Anthony Ashiotis and Capt. Eberhard Koch. A board of directors comprising mainly new members will support the presidents. The bilateral Business Associations of Cyprus, as the […]
Germany ready to re-open Hermes Export Guarantees for Iran PUBLISHED ON 22/06/2016
Germany’s Economy Ministry expressed readiness to reopen Hermes export guarantees for trade with Iran. In a statement on Monday, the ministry announced that Germany’s Hermes insurance company is ready to resume its activities with Iranian financial institutions, Reuters reported. It further confirmed that Iran had settled outstanding debts from previous Hermes guarantees. Earlier, Iranian Ambassador to […]