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  • EghtesadOnline: The better chunk of the two-part South Korean finance for Iranian projects has reportedly been finalized by the two countries’ officials.

  • EghtesadOnline: German investors received more than $2 billion in loans in 2016 to finance Iranian projects, but these have been held up for various reasons, an official of the German financial regulatory authority BaFin announced.

  • EghtesadOnline: The Iranian private sector has invested 420 trillion rials ($11 billion) in Iran’s development projects since President Hassan Rouhani took office in 2013, according to the Minister of Roads and Urban Development Abbas Akohundi.

  • EghtesadOnline: The Government of Japan has expressed readiness to allocate 6.9 billion dollars to fund five projects in Iran in a bid to continue expand bilateral relations between the two countries as well as humanitarian issues.

  • EghtesadOnline: In the budget bill for the upcoming Iranian year (to start March 21, 2017), the government has earmarked 300 trillion rials ($7.5 billion at market exchange rate) for the completion of unfinished development projects.

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