EghtesadOnline: A three-day exhibition called ‘SME Iran 2018’ opened in Tehran on Sunday in a ceremony attended by Minister of Industries, Mining and Trade Mohammad Shariatmadari and Speaker of Iranian Parliament Ali Larijani.
EghtesadOnline: A total of 35 small- and medium-sized manufacturing enterprises are currently being set up in Iran with foreign investment, a deputy industries minister said.
EghtesadOnline: Iran’s small- and medium-sized enterprises saw a 28% year-on-year increase in the value of investment guarantees issued for them in the last fiscal year (March 21, 2017-18), according to the latest statistics released by SME’s Investment Guarantee Fund.
EghtesadOnline: Exports from Iran’s small- and medium-sized enterprises amounted to $2.3 billion in the last Iranian year (ended March 20, 2018), the deputy head of Iran Small Industries and Industrial Parks Organization for planning said.
EghtesadOnline: Iran’s small- and medium-sized enterprises attracted some $2 billion worth of foreign investments during the first 100 days of President Hassan Rouhani’s second term, Minister of Industries, Mining and Trade Mohammad Shariatmadari said.
EghtesadOnline: As a part of government’s plan to boost small- and medium-sized enterprises through the allocation of credit, since the beginning of the current Iranian fiscal on March 21, Iranian banks have doled out 56.57 trillion rials ($1.34 billion) in loans to 7,346 applicants.
EghtesadOnline: In a letter, the Central Bank of Iran’s Governor Valiollah Seif has called on all governors across the country to undertake strict and effective supervision over how bank loans are allocated to optimize the process of boosting small- and medium-sized enterprises and their productivity.
EghtesadOnline: According to Iranian banking system’s projections for the fiscal year to March 20, 2018, small- and medium-sized enterprises will receive up to 500 trillion rials ($) worth of loans, which account for 7.5% of the value of all loans earmarked for economic sectors during the year.
EghtesadOnline: In line with the goals of Sixth Five-Year Development Plan (2017-22), a $100 million capital increase in Investment Guarantee Fund for small- and medium-sized enterprises will be considered in next year’s annual budget, the fund’s managing director announced.
EghtesadOnline: Deputy Minister of Industries, Mining and Trade Ali Yazdani said exports by Iranian small- and medium-sized enterprises reached $800 million in the first half of the current Iranian year (March 21-Sept. 22).