EghtesadOnline: A total of 35 small- and medium-sized manufacturing enterprises are currently being set up in Iran with foreign investment, a deputy industries minister said.
EghtesadOnline: Iranian cinemas earned 723.47 billion rials ($17.22 million) in box office returns during the first two months of the current Iranian year (March 21-May 21), registering an increase of more than 50% compared with last year’s corresponding period.
EghtesadOnline: About 236 tons of saffron worth more than $325 million were exported from Iran during the last fiscal year (March 2017-18), indicating a 55% and 56% growth in weight and value respectively compared with the year before.
EghtesadOnline: The European Union is taking steps to protect EU companies investing in Iran from renewed American sanctions on Tehran after US President Donald Trump decided to unilaterally withdraw from the Iran nuclear deal late last month.
EghtesadOnline: The merger between two of the largest local internet service providers, HiWEB and Pars Online has been called into question, as HiWEB’s director says the deal can be called off.
EghtesadOnline: Market reports indicate a sharp spike in prices of computer devices in Iran, with business insiders saying that the recent forex fluctuations and hurdles in the way of imports are turning the goods into a luxury that many cannot afford anymore.
EghtesadOnline: Notwithstanding the plans by the United States to impose fresh sanctions on Iran nuclear deal, India is all set to begin interim operations in the strategically important Chabahar Port project next week, Indian shipping ministry officials familiar with the development said.
EghtesadOnline: With the aim of expanding bilateral cooperation in the field of food and agriculture, Germany has been implementing a project named “Representative of the German Food and Agribusiness in Iran” since the beginning of 2018.
EghtesadOnline: The ICT Ministry has released the annual indexes of the country’s telecoms sector, which showcase the pervasive nature of technological advancements and the success of President Hassan Rouhani’s policies to enhance Iranians’ access to modern modes of communications.
EghtesadOnline: The automotive market is mired in a state of limbo as evidenced by a stagnant market fanned by volatile foreign currency exchange rates and instances of up to 20% hikes in car prices.