Rial

This tag is associated with 3 posts

Iran Nuclear Deal Should Boost Economy, Yet Unknowns Remain

Posted by EM_Equity ⋅ April 9, 2015 ⋅ 1 Comment

By Nader Habibi The framework nuclear agreement that was announced earlier this month by Iran and the so-called P5+1 calls for a substantial rollback in the country’s nuclear program in return for a lifting of sanctions. While no specific time table was mentioned, the preliminary agreement calls for the suspension and then lifting of international sanctions … Continue reading →

Iran, Russia Ink Deal To Create Joint Banking Oversight Body

Posted by EM_Equity ⋅ March 16, 2015 ⋅ 1 Comment

Iran and Russia have signed an agreement to create a joint regulation body that will oversee interbank financial transactions between the two nations, Iran’s Fars News Agency (FNA) reported on Saturday. According to FNA, a memorandum of understanding (MOU) was signed by the deputy governors of the Central Banks of Iran and Russia on the supervision of the Central Banks over … Continue reading →

Qatar Reforms Budget Policy, Pushes Back Fiscal Year End

Posted by EM_Equity ⋅ March 11, 2015 ⋅ 3 Comments

Qatar’s emir, Sheikh Tamim bin Hamad Al -Thani, issued a law Tuesday on the financial system of the State that will push back the end of fiscal year 2014/2015 for the General State budget to December 31 from March 31, the official Qatar News Agency reports. The new financial system law will also give additional power to the … Continue reading →