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FDI AT 20% GROWTH IN SEVEN MONTHS

Iranian Minister of Economic Affairs and Finance (MEAF) said that Foreign Direct Investment (FDI) registered a 20 percent growth in the first seven months of the current Iranian calendar year (started March 21), showing a growth as compared to the last year’s corresponding period He made the remarks. in the Parliament and said, “under the tough sanctions imposed by the US against the Islamic Republic of Iran, Foreign Direct Investment […]

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IR GLOBAL EVENT IN MENA

Karimi & Associates law firm is delighted to announce that as the exclusive member of IR Global in Iran, we participated at IR Global MENA event in Dubai.  The event started by visiting DIFC courts in Dubai then, continued to Islamic Finance seminar. Professional international lawyers from many jurisdictions, such as US, UAE, Germany, Italy, Lebanon and Egypt participated in the event. Thanks to IR Global team and Thomas Paoletti

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4 MAJOR TRENDS THAT ARE ALREADY CHANGING THE LEGAL SPHERE IN 2020

TECHNOLOGICALLY-DRIVEN INNOVATION IS POISED TO DISRUPT LONG-STANDING CUSTOMS OF THE LEGAL PROFESSION. CHANGING REGULATORY FRAMEWORKS ARE CREATING GROWING DEMAND FOR REGIONAL, INDUSTRIAL, AND CATEGORY EXPERTISE. 1. PRIVACY AND SECURITY FOCUS INCREASES With growing legislation and rampant breaches, there’s increased attention on advising clients in these areas, and firms ensuring their own systems are better protected. Breach-related costs and liability—litigation, government investigations and fines, audit, and response—compel it. The American Bar

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KARIMI & ASSOCIATES LAW FIRM WON GLOBAL AWARD 2020

Karimi & associates law firm is the winner of the 2020 Corporate INTL Global Award in the category: Corporate law firm of the Year – Iran. We are very pleased about the recognition of our experienced attorneys, who have a long history of providing legal services in a variety of areas, and see our reputation, which refers to over 50 years of the law office’s experience in legal practice and

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GUIDANCE ISSUED BY OFAC RELATED TO HUMANITARIAN ASSISTANCE WITH REGARD TO THE CORONAVIRUS DISEASE 2019 (COVID-19) OUTBREAK IN IRAN

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a new frequently asked question with regard to humanitarian assistance pursuant to the Coronavirus Disease 2019 (COVID-19) outbreak in Iran: Nongovernmental organizations (NGOs) are authorized under General License E to export or re-export services to or related to Iran in support of certain not-for-profit activities designed, to directly benefit the Iranian people Persons interested in providing humanitarian assistance

GUIDANCE ISSUED BY OFAC RELATED TO HUMANITARIAN ASSISTANCE WITH REGARD TO THE CORONAVIRUS DISEASE 2019 (COVID-19) OUTBREAK IN IRAN Read More »

KARIMI & ASSOCIATES LAW FIRM IS DELIGHTED TO BE AN EXCLUSIVE MEMBER OF IR GLOBAL IN FIELD OF CORPORATE LAW IN IRAN ON 2020

IR Global is a global group of over 700 members from around the world and operates across Legal, Accountancy, Financial and Transaction Services. The group has representatives in over 150 jurisdictions and offers the world’s largest vetted network of leading firms. The vetting process ensures all firms are of the highest quality and also have a shared ethos of ethical networking and client service. This subsequently offers a group which

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SOUTH KOREA GAINS U.S. LICENSE APPROVAL FOR HUMANITARIAN EXPORTS TO IRAN

SOUTH KOREA GAINS U.S. LICENSE APPROVAL FOR HUMANITARIAN EXPORTS TO IRAN: OFFICIAL SEOUL, April 10 — South Korea has won U.S. approval for the resumption of humanitarian exports to Iran under a special license program, with shipments likely to begin next month, a foreign ministry official said Friday. On Monday, Seoul gained the General License No. 8 from the U.S. government — a mechanism to authorize certain humanitarian transactions with

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IRAN HAD WON A LEGAL “VICTORY” OVER $1.6 BILLION OF ITS ASSETS THAT HAD LONG BEEN FROZEN ON A US REQUEST IN LUXEMBOURG.

IRAN HAD WON A LEGAL “VICTORY” OVER $1.6 BILLION OF ITS ASSETS THAT HAD LONG BEEN FROZEN ON A US REQUEST IN LUXEMBOURG. Iran’s President Hassan Rouhani said Sunday the country had won a legal “victory” over $1.6 billion of its assets that had long been frozen on a US request in Luxembourg. Tehran and Washington have long been arch enemies and tensions have risen sharply since President Donald Trump in

IRAN HAD WON A LEGAL “VICTORY” OVER $1.6 BILLION OF ITS ASSETS THAT HAD LONG BEEN FROZEN ON A US REQUEST IN LUXEMBOURG. Read More »

NEW TRANSACTIONS WITH IRAN USING INSTEX UNDERWAY SOON

THE FOREIGN MINISTER OF GERMANY SAID THAT THE EU-IRAN TRADING MECHANISM INSTEX, DESIGNED TO ALLOW EUROPEANS TO BYPASS US SANCTIONS AND CONTINUE TRADE WITH .TEHRAN, IS UNDERWAY SOON  Iran Press/Europe: New transactions using the European Union’s financial settlement mechanism INSTEX (Instrument in Support of Trade Exchanges) will take place soon. This was announced on Tuesday at a press conference by the Foreign Minister of Germany, Heiko Maas. “INSTEX is still in its

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INTERPOL WARNS OF FINANCIAL FRAUD LINKED TO COVID-19

CRIMINALS TAKING ADVANTAGE OF CORONAVIRUS ANXIETY TO DEFRAUD VICTIMS ONLINE LYON, France – INTERPOL is encouraging the public to exercise caution when buying medical supplies online during the current health crisis, with criminals capitalizing on the situation to run a range of financial scams. With surgical masks and other medical supplies in high demand yet difficult to find in retail stores as a result of the COVID-19 pandemic, fake shops,

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