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Gov’t

  • EghtesadOnline: The government’s bond offer was barely not welcomed this week by banks, credit institutions and institutional investors though underwriting financial institutions bought 20 trillion rials ($46 million).

  • EghtesadOnline: The government has approved a large package to help low-income households and struggling businesses impacted by the rapidly spreading coronavirus.

  • EghtesadOnline: In the past dams were built with the aim of ensuring irrigation, power generation and supplying potable water. But now the attitude towards mega-dams has changed significantly, managing director of Iran Water and Power Resources Development Company said.

  • EghtesadOnline: The Iranian Privatization Organization sold a block of shares of Shiraz Oil Refining Company on Iran Fara Bourse, the over-the-counter stock market. The IPO move was made on behalf of the National Iranian Oil Refining and Distribution Company.

  • EghtesadOnline: To stabilize power supply and avoid outages in the southern regions in summer, the Energy Ministry has started replacing one million old air conditioning systems with energy efficient machines, the ministry’s spokesman for the power department said.

  • EghtesadOnline: Government expenditure on civil development projects has been on the decline during March 2010-19.

  • EghtesadOnline: President Hassan Rouhani and his Cabinet members visited the mausoleum of Imam Khomeini in southern Tehran on Sunday to renew allegiance to the ideals of the late founder of the Islamic Republic ahead of the anniversary of the 1979 revolution.

  • EghtesadOnline: A five-year plan for developing Iran’s digital economy and its details were discussed in a meeting of the High Council of Cyberspace held in Tehran on Saturday.

  • EghtesadOnline: The Ministry of Economy plans to sell Manfa’at Sukuk bonds worth 47 trillion rials ($361 million) on January 25 as part of financial measures to compensate budgetary needs in current fiscal year that ends in March.

  • EghtesadOnline: The government plans to offer its shares in Tabriz Oil Refining Company and two insurance firms, namely Alborz Insurance Company and Amin Reinsurance Company in the near future.