EghtesadOnline: The Iranian government will institute fundamental changes in the existing procedures regarding privatization.
EghtesadOnline: The government plans to resume offering its remaining shares in state-owned companies after making some changes governing divestiture of state properties to private firms, the economy minister said.
EghtesadOnline: Iranian miners paid 7.19 trillion rials ($63.4 million) in mining royalties to the government during the first five months of the current Iranian year (March 21-Aug. 22).
EghtesadOnline: The government's move in July to regulate cryptocurrency mining as a legal industrial activity has been broadly welcomed by miners, though they say minor adjustments in regulations would create room for miners to make significant contribution to the economy.
EghtesadOnline: Iranian miners paid 51.47 trillion rials ($447.56 million) in mining royalties to the government during the first four months of the current Iranian year (March 21-July 21).
EghtesadOnline: The Iranian government has agreed to invest 26 trillion rials ($225 million) in Iran National Innovation Fund to support knowledge-based companies and startups.
EghtesadOnline: More than 98,479 tons of fresh tea leaves have so far been purchased by the government from local farmers for 2.78 trillion rials ($23.96 million), which shows a 15% rise compared with the similar period of last year.
EghtesaadOnline: While the government insists on lenders to get rid of their surplus properties, it seems that this is better said than done.
EghtesadOnline: The government says it recognizes mining of cryptocurrencies as an industrial undertaking and sent a directive to the relevant government bodies at the weekend.
EghtesadOnline: The government on Wednesday approved a central bank proposal based on which four zeros will be shaved off and the national currency rial and the change from official rial to the popularly used toman.