EghtesadOnline: Banks met nearly 57% of industrial units' capital need in the last Iranian fiscal year (ended March 2019), says a deputy minister of industries.
EghtesadOnline: Iran and Nicaragua signed a memorandum of understanding in the Iranian capital Tehran on Saturday for joint investments in the fields of oil, agricultural outsourcing and industries.
EghtesadOnline: All industrial units are expected to be connected to the national gas grid by the end of 2021, head of the National Iranian Gas Company said Saturday.
EghtesadOnline: Iran approved $914.45 million worth of foreign investments during the period from March 2018, to February 2019, which shows a 67.4% decline compared to the $2.8 billion a year ago.
EghtesadOnline: The three main sectors of Iran’s economy, namely agriculture, mining and industries, delivered a poor performance in terms of production during the third quarter of the last fiscal year (Sept. 23-Dec. 21, 2018), latest data published by the Ministry of Cooperatives, Labor and Social Welfare’s Center of Statistics show.
EghtesadOnline: Masoud Khansari has been reelected the president of Tehran Chamber of Commerce, Industries, Mines and Agriculture for another four-year term.
EghtesadOnline: A conference was held at Iran Chamber of Commerce, Industries, Mines and Agriculture in cooperation with Australian Trade and Investment Commission and Iran-Australia Chamber of Commerce for exploring ways of promoting bilateral economic relations.
EghtesadOnline: Officials at the Central Bank of Iran have announced the decision to change interbank interest rates in a move that will subsequently impact deposit interest rates, a senior official at the Tehran Chamber of Commerce, Industries, Mines and Agriculture announced.
EghtesadOnline: Frequent power outages in Tehran have adversely affected industrial units, taking a toll on electrical equipment and reducing efficiency.
EghtesadOnline: The Foreign Investment Promotion and Protection Act (FIPPA) requires major procedural revision, according to a new study carried out on the order of the Tehran Chamber of Commerce, Industries, Mining, and Agriculture.