EghtesadOnline: With the production of 22 biopharmaceuticals, Iran has been able to save $1 billion, an official with the Vice Presidential Office for Science and Technology says.
EghtesadOnline: Providing ecofriendly and efficient transportation has become a real challenge in Iranian megacities with a growing population and soaring demand.
EghtesadOnline: The Central Bank of Iran officially started open market operations as part of its monetary policy to curb inflation, control interest rates in the interbank market and manage liquidity.
EghtesadOnline: To curb the growing annoyance of dilapidated motorcycles in the capital city of Tehran, several state institutions have signed a multilateral agreement to resume the scrappage of old two-wheelers.
EghtesadOnline: The US House of Representatives voted on Thursday to stop US President Donald Trump from further military action against Iran, as the Middle East remained tense after the US assassination of a top Iranian commander and Iran’s retaliatory missile strikes.
EghtesadOnline: Renewable energy can lower demand for natural gas by diversifying energy supplies, a consultant to the Energy Ministry’s Niroo Research Institute said.
EghtesadOnline: In an analytical report appraising measures taken to curb inflation, the Majlis Research Center says the government has resorted largely to temporary and micro measures to curb inflation and control liquidity but in doing so has failed to address macro variables.
EghtesadOnline: While the Iranian capital has been suffocating under a blanket of smog that has refused to budge over the past seven days, urban managers seem to be content taking ineffectual measures in the hope of controlling the worsening condition.
EghtesadOnline: Over the past week, Tehran hosted an event to connect tech firms with automakers, on the sidelines of which several deals totally worth $162 million were signed.
EghtesadOnline: The Central Bank of Iran is now focused on the upcoming open market operation hoping that the monetary policy would help curb inflationary effects of the ballooning liquidity because previous measures failed to produce the desired results the bank’s governor said.