EghtesadOnline: State-backed Iran National Innovation Fund is planning to loan 45 trillion rials ($277.7 million) to knowledge-based companies and tech firms in the current fiscal year (ending March 2021).
EghtesadOnline: The CBI's governor says Iran is determined to use its legal right for receiving a loan from the International Monetary Fund to fight the coronavirus pandemic.
EghtesadOnline: Energy Minister Reza Ardakanian arrived in Moscow Thursday for talks with his Russian counterpart Alexander Novak and follow up on a planned $5 billion loan from the government in Russia.
EghtesadOnline: Japan and France have proposed a joint plan to provide Iran with a loan of about $18.4 billion to be secured by oil if Tehran returns to full compliance with the Joint Comprehensive Plan of Action on its nuclear program, Japanese media reported.
EghtesadOnline: Iran's National Innovation Fund has offered 2.69 trillion rials ($19.9 million) in loans to help emerging startups flourish during February-May.
EghtesadOnline: The Iranian government is granting financial aid and loans to startups and tech firms to accelerate their growth.
EghtesadOnline: The government-backed Innovation and Prosperity Fund (NSFund) has allocated 9 trillion rials ($69 million) in loans to support knowledge-based firms and technology companies.
EghtesadOnline: To help again rescue the dysfunctional local auto industry, the Central Bank of Iran agreed last month to lend €844 million to the two main companies, Iran Khodro and SAIPA.
EghtesadOnline: The government will lend money to two local auto companies, Iran Khodro and SAIPA, to the tune of 40 trillion rials ($333 million). The bailout is for paying part of the carmakers’ mounting debt to local parts makers.
EghtesadOnline: Major Iranian home builders operating in rundown urban districts can now receive up to 1.1 billion rials ($10,000) in loans from the state-run Bank Maskan, also known as the Housing Bank, as per the government’s new policy to shift the focus of major builders to distressed urban areas and informal settlements.