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Iran private sector

  • EghtesadOnline: A 110-member economic delegation from Iran’s private sector, led by Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei, is accompanying President Hassan Rouhani during his visits to Switzerland and Austria.

  • EghtesadOnline: President Hassan Rouhani has called on the private sector to play a serious role in the economy, stressing that his government will ensure the business community benefits from the resources of the National Development Fund of Iran–the country’s sovereign wealth fund.

  • EghtesadOnline: As Iran is dealing with the ramifications of the government's policy announced on April 9 to unify the country's dual foreign exchange rates, the private sector has called on President Hassan Rouhani's administration to make a series of changes to its policy, especially by creating a secondary foreign exchange market.

  • EghtesadOnline: An entity established by Iran's private sector for attracting foreign investments mainly by identifying and introducing feasible projects has begun its work in earnest in recent months.

  • EghtesadOnline: Economy Minister Masoud Karbasian said over 70% of the divestitures during the tenure of President Hassan Rouhani have gone to the real private sector as opposed to the previous administration whose privatization performance has been widely criticized.

  • EghtesadOnline: With the government’s rescue package reining in the foreign exchange market, the private sector once again voiced its objection over the administration’s adamance on keeping the national currency strong at all cost.

  • EghtesadOnline: Iranian Privatization Organization has sold over 6.84 trillion rials ($146 million) worth of public companies’ shares to the private sector so far this fiscal year (started March 21, 2017).

  • EghtesadOnline: The government has allocated $1.2 billion to water management schemes in the five past years, a majority of which have been planned in collaboration with the private sector, data released by the Ministry of Energy showed.

  • EghtesadOnline: Iran’s private sector has called on the government and lawmakers to create a fund that would sustain businesses in times of hardship.

  • EghtesadOnline: Iran Privatization Organization plans to sell 5 trillion shares in public companies to the private sector during the remaining two months of the current fiscal year (Jan. 21-March 20), the chairman of the organization said.