EghtesadOnline: The Central Bank of Iran has agreed to increase the investment ceiling for bank-affiliated investment companies in the share market, a move seen as another push to lift the sagging stock market.
EghtesadOnline: The number of electricity meters nationwide in household, agro and industrial sectors has grown 12 times in four decades, the Energy Ministry spokesman for the power department said.
EghtesadOnline: An agreement has been signed between the Ministry of Industries, Mining and Trade, Bank of Industry and Mine, and Mining Investment Insurance Corporation (MICO), based on which loans worth 6 trillion rials ($20 million) will be extended to help revive inactive mines across Iran.
EghtesadOnline: Efforts are on track in Iranian metropolises Tehran and Tabriz to expand tech centers offering workspace and financial support to local startups.
EghtesadOnline: Sepehr Saderat Financial Group Company, the investment arm of Bank Saderat Iran, plans to offer on Sunday 20% of its shares in Iran Fara Bourse, the junior equity market.
EghtesadOnline: AGT Company’s factory, in which the Turkish side has invested a total of €40 million, was inaugurated on Monday in Qazvin Province’s Caspian Industrial Zone, during a ceremony attended by Mohammad Baqer Nobakht, the head of Plan and Budget Organization, along with local officials.
EghtesadOnline: Acomprehensive website to allow members of the public, media and oversight bodies to scrutinize economic exchanges within Social Security Investment Company (also known by its Persian acronym Shasta) and Civil Servants Pension Fund has been launched for the first time in Iran.
EghtesadOnline: The third phase of Shahid Rajaee Port’s development project is being carried at full-throttle with an investment of 12 quadrillion rials ($53.69 million), according to the newly-appointed director general of Hormozgan Province’s Ports and Maritime Organization.
EghtesadOnline: A forum entitled “Eurasian Economic Union: A Bridge to Free Trade with the World” is scheduled to be held in the Islamic Republic of Iran Broadcasting Conference Center located in Tehran on Aug. 20.
EghtesadOnline: Steep rise in the price of shares of Social Security Investment Company, known locally as Shasta, pushed up the benchmark of Tehran Stock Exchange, TEDPIX, to new levels, threatening a temporary closure of the market.