EghtesadOnline: The development of mortgage market is vital, in view of the decline in the purchasing power of Iranians, an economic analyst said.
EghtesadOnline: An innovation center called Khayyam has been inaugurated in the holy city of Mashhad, Khorasan Razavi Province, to convert smart ideas into businesses and establish links between knowledge-based companies and industrial groups.
EghtesadOnline: An official with the Ministry of Cooperatives, Labor and Social Welfare said performance-based contracting has been put in place for a total of 10,000 farmers over the past one and a half years and this has improved their productivity, ensured the sales of their products and consequently boosted their income.
EghtesadOnline: Despite the fact that liquefied petroleum gas is good for auto engines, Oil Minister Bijan Namdar Zanganeh says so long as cars can run on compressed natural gas, LPG should be used for other purposes.
EghtesadOnline: The Central Bank of Iran’s new scheme to fund manufactures, known as Productive Credit Certificate, was launched Tuesday at the central branch of Bank Melli Iran.
EghtesadOnline: Central Bank of Iran has allocated up to 700 trillion rials ($5.3 billion) to companies via the CBI’s new funding scheme dubbed the ‘Productive Credit Certificate’, the bank’s governor said.
EghtesadOnline: The Energy Ministry has 46 power, water and wastewater projects in cities and villages of Khorasan Razavi Province, the minister said Monday.
EghtesadOnline: Keeping pace with trends in the domestic currency market, Tehran stocks rallied Saturday to new peaks.
EghtesadOnline: Natural gas production in the giant South Pars Gas Field in the Persian Gulf will increase by 70 million cubic meters per day before the calendar year is out, managing director of Pars Oil and Gas Company, a subsidiary of state-owned National Iranian Oil Company that oversees the development of gas fields, said.
EghtesadOnline: Reviving the gasoline rationing system with two rates can help curtail rampant smuggling and help boost exports, a board member of the Iranian Oil, Gas and Petrochemical Products Exporters’ Association said.