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  • EghtesadOnline: Head of Iran Industrial Development and Renovation Organization Mansour Moazemi was in Paris over the weekend to renegotiate a deal with Renault.

  • EghtesadOnline: Iran does not have a problem obtaining financing for its aircraft deals and the delivery of purchased aircraft is on track, Deputy Transport Minister Asghar Fakhrieh-Kashan told IRNA on Saturday.

  • EghtesadOnline: One of the grim realities local startups usually put up with is government bureaucracy.

  • EghtesadOnline: Iran’s football feeds on different industries, but it has yet to become an industry.

  • EghtesadOnline: With the ever-growing developments in the World Wide Web, online shopping tools and applications have become more widespread while going to stores to purchase products has considerably decreased.

  • EghtesadOnline: Around 284,450 tons of palm oil worth over 730.15 billion rials ($223 million) were imported into Iran from seven countries during the seven months to Oct. 22, registering close to a 50% increase compared with the corresponding period of last year, figures released by the Islamic Republic of Iran Customs Administration show.

  • EghtesadOnline: Lack of liquidity has been strangling Iran’s auto industry for years and according to the director of Iran Auto Parts Makers Association suppliers have borne the brunt of the problem.

  • EghtesadOnline: Lower bank interest rates, which cause more capital to flow toward other sectors including the housing sector, will prove instrumental in triggering a boom in the sector, a board member of Tehran Association of Realtors said.

  • EghtesadOnline: Tehran’s stone export consortiums have established permanent stone exhibitions in seven countries with the support of Tehran Industrial Parks Company, an official with the company said.

  • EghtesadOnline: The government’s calculations underestimated public expenditure in the Health Reform Plan, as it did not take into account budget constraints due to the decline in oil prices or changes in the number of people willing to have medical insurance coverage (11 million instead of 5 million).