The Secretariat of the High Council of Free Zones has been pursuing the establishment of an Offshore Bank in the Free Zones since last year, officials said. “In Note 3 of Section E Paragraph 1 of the Budget Law 1401, the Central Bank is obliged to implement financial and banking infrastructure measures compatible with the country’s business plan in cooperation with other relevant institutions and report the performance of this …
Karimi & Associates Law Firm represents, according to “Reuters” and “The Verge”: At this stage of the lawsuit between the Twitter company and Elon Musk, the two sides are pursuing information to support their arguments about whether Musk should be able to get out of his agreement to buy Twitter for $44 billion before the scheduled trial on October 17th. After a hearing on discovery requests from lawyers representing both …
Judge rejects Elon Musk’s ‘absurdly broad’ data requests Read More »
Karimi & Associates Law Firm represents according to the “Iran Press/ Iran news”: Iran and the 27 member countries of the European Union exchanged goods worth 2.59 billion euros in the first six months of 2022, which has increased by 15.23% compared to the same period last year. New data published by Eurostat show that Germany was Iran’s largest trade partner in the EU region during this period, as the …
Iran’s trade with the EU grows in the first half of 2022 Read More »
Karimi & Associates Law Firm represents according to the “Financial Tribune”: Iran’s exports in the first half of 2022 amounted to 8.2 billion dollars, representing an increase of 22.9% compared to the same period of the previous year, in exchange for 4.08 billion dollars of Chinese goods exports to Iran. Iran’s trade with its leading trading partner, China has registered an annual growth of 16%, and reached $8.2 billion in …
Karimi & Associates Law Firm represents according to UNCTAD and Fars News: UNCTAD, the UN trade and development body, called for expedited action to slow down the pace of cryptocurrency expansion in developing countries. In recent years, many developing countries initiated the use of cryptocurrency for their international transactions, due to the facilitation of remittances and currency inflation risks. United Nations Center of Trade and Development announced that besides all …
UNCTAD warns developing countries of cryptocurrency expansion Read More »
Karimi & Associates Law Firm represents according to Mizan News Agency: Within the four first months of this year, more than 175,000 online hearings have been held in Iran. Iran’s judicial system has not only turned the potentiality of online procedure into actuality, but it has also accomplished holding online courts in a significant number within only four recent months. As new commutation technologies have affected almost every entity, legal systems …
More than 175,000 online courts have been held in Iran within four months Read More »
Karimi and Associates Law Firm represents according to Reuters: Iran has made its first official import order using cryptocurrency this week, a move that could enable the Islamic Republic to dodge U.S. sanctions. The order, worth $10 million, was the first step to enable the country to trade through digital assets that bypass the dollar-dominated global financial system and to trade with other countries similarly limited by U.S. sanctions, such …
Iran uses cryptocurrency to import goods for the first time Read More »
Karimi & Associates Law Firm represents according to U.S. Department of the Treasury: U.S. sanctioned virtual currency mixer Tornado Cash, which has been facilitating virtual currency laundering with the worth of more than $7 billion since its establishment. This platform has been accused of supporting hackers and cyber criminals specially from North Korea, to make their currencies untraceable. The currency mixers are providing services that mix identifiable or tainted crypto …
U.S. has accused a currency mixer, Tornado Cash, of money laundering and sanctions it Read More »
Karimi & Associates Law Firm represents according to reuters: BioNTech and its partner Phizer, two integrated American pharmaceutical company, have reacted to CureVac, German based vaccine maker, over its claims of vaccine patent infringement in German trials. They have filed a lawsuit against CureVac in U.S District Court in Massachusetts. Earlier this month the CureVac has filed a patent lawsuit against BioNTech in Germany and claimed that BioNTech or any …
