EghtesadOnline: Iran’s economic climate is indicative of the pressure exerted by sanctions, says Mohammad-Qoli Yusefi, professor of economics at Allameh Tabataba’i University.
EghtesadOnline: Iran Insurance Company, the largest and the only state-owned insurance company in Iran, is planning to increase its capital to 110 trillion rials ($817 million) before the current fiscal year ends in March, the company CEO said.
EghtesadOnline: Iran Central Organization for Rural Cooperatives (CORC), is a significant body for rural and agricultural development with more than 1000 Billion Rials of capital, Iran’s deputy agriculture minister said.
EghtesadOnline: Export Guarantee Fund of Iran, a state-owned export credit agency, is set to increase its capital by €100 million in the next (March 2020-21) budget and it is working hard to further increase this amount to enhance performance.
EghtesadOnline: The inefficient public transportation network in the Iranian capital has been repeatedly blamed for exacerbating Tehran’s suffocating air pollution, which recently hit the emergency level.
EghtesadOnline: Air pollution has become a source of serious concern to the Iranian capital’s residents in the absence of workable solutions, Tehran’s Mayor Pirouz Hanachi said while detailing plans to curb the all-pervasive smog.
EghtesadOnline: Banks and credit institutions in Iran are facing a myriad of challenges including cumbersome regulations and technical issues to boost capital through revaluation of their assets, a senior banking official said.
EghtesadOnline: The residents of Iranian capital breathed in more toxic particles in September, as air quality deteriorated slightly compared with the corresponding month of last year, data released by Tehran Air Quality Control Company show.
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: Tehran’s Taxi Organization is in talks with the government to accelerate the long-awaited plan to gradually induct electric vehicles into the capital's taxi fleet and establish the required infrastructures.