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  • EghtesadOnline: Deputy Minister of Roads and Urban Development Shahram Adamnejad said 35,000 billion rials ($175 million) worth of loans will be allocated to the coronavirus-hit transportation sector (air, rail, sea and road) over the next few months.

  • 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.

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