EghtesadOnline: The Saudi foreign minister said the kingdom is “serious” about talks with Iran, signaling Riyadh’s desire to repair relations between the two regional powers.
EghtesadOnline: Preliminary agreements have been reached by Iran to invest $5.3 billion in Afghanistan’s road and rail transportation infrastructure as well as in the neighboring country’s housing sector, an advisor to Iran’s roads minister said.
EghtesadOnline: The Oil Ministry will invest $80 million in startups and knowledge-based firms, the oil minister said.
EghtesadOnline: China is willing to invest a total of $400 billion in Iran’s economic sectors as part of its 25-Year Cooperation Agreement, some $80 billion of which are to be in the mining sector, the head of Mines and Mineral Industries Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture said.
EghtesadOnline: Iranians’ tendency to invest in banks has declined drastically in favor of stocks and real estate markets, according to a poll by the Iran Student Polling Agency (ISPA).
EghtesadOnline: As the stock market continues to plunge, the High Council of Securities and Exchange said banks too can invest in the bourse.
EghtesadOnline: Iran’s Oil Ministry has invested $15 million in Tehran Metro to help expand the capital’s public transportation network, the oil minister wrote on Twitter.
EghtesadOnline: State-backed Iran National Innovation Fund has invested 140 billion rials ($875,000) in nanotechnology firms to boost the domestic production of health-protective items used for shielding against the novel coronavirus.
EghtesadOnline: The recent subway network expansion in Tabriz and the holy city of Mashhad are expected to help curb air pollution and ease traffic congestion, making life easier for the citizens of these metropolises.
EghtesadOnline: Iran's private and public aviation firms and agencies signed 163 agreements worth 6 trillion rials ($46.15 million) with local knowledge-based companies and startups during a two-day technology event.