EghtesadOnline: The tendency of government agencies to enforce unnecessary restrictive regulations has become the most important obstacle in the way of innovative startup businesses, especially online businesses in Iran, Hossein Salahvarzi, the president of Iran Entrepreneurship Organization, said.
EghtesadOnline: The UAE has ordered brokers and other financial institutions to identify and freeze the assets of nine individuals and businesses accused of funding Iran’s Islamic Revolutionary Guards Corps.
EghtesadOnline: Some 137,960 public complaints against goods and service providers were filed with the Industries, Mining and Trade Organizations of Iranian provinces in the nine months to Dec. 21, 2017, 85% of which pertained to products and the rest to services, a report published by the Consumer and Producer Protection Organization said.
EghtesadOnline: More than 93,800 public complaints against centers offering goods and services were filed at the industries, mining and trade organizations of provinces across the country during the first half of the current Iranian year (March 21-Sept. 22), 85% of which pertained to products and the rest to services, the head of Consumer and Producer Protection Organization said.
EghtesadOnline: As Iran pushes reforms to privatize its economy and improve the business landscape, the country's private sector is taking a more proactive approach in convincing the government to liberalize the economy and free it from the Kafkaesque bureaucracy hindering entrepreneurism.
EghtesadOnline: Since the inflation rate has continued to decline in the last four years, businesses expect the Central Bank of Iran to strictly monitor the implementation of the new CBI directive to lower interest rates, said the head of Iran Chamber of Commerce, Industries, Mines and Agriculture.
EghtesadOnline: About 14,100 public complaints against goods and service providing centers were filed through the 124 hotline administered by the Industries, Mining and Trade Ministry in the fourth month of the current Iranian year (June 22-July 22).
EghtesadOnline: Manufacturing and mining businesses are eligible for tax holidays for five to 10 years as part of incentives to shore up investment in these sectors, the head of Iranian National Tax Administration said.
EghtesadOnline: As the administration of President Hassan Rouhani is preparing the stage for deeper economic reforms in its second term (due to start in mid-summer), private sector leaders are taking it to task for failing to fulfill the key promise of scrapping the dual foreign exchange rate regime.
EghtesadOnline: As soon as Iran’s nuclear deal with world powers took effect, Majid Zamani and his partners set up an investment boutique with the aim of tapping into the flood of foreign business they hoped would flow into the Islamic Republic.