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Iran’s largest investment holding pockets over $0.4 billion through IPO
Apr 15, 2020 09:32Iran’s largest investment holding Shasta has offered a portion of its shares in the stock market pocketing more than $0.4 billion through the initial public offering (IPO).
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Iran plans nationwide network of charging stations of electronic vehicles
Apr 14, 2020 12:05Energy authorities in Iran are planning a nationwide network of charging stations for electric vehicles (EV) amid efforts to ensure the country would have the required infrastructure for a growing number of such vehicles that are hitting the roads.
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Iran’s copper exports doubled in 2019-2020 to surpass $1bn
Apr 12, 2020 09:36Iran has seen its copper exports doubled in the past calendar year ending March 19 despite a series of illegal sanctions imposed by the US regime aimed at hampering the Islamic Republic’s trade of lucrative metals.
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Iran exports to Iraq down y/y in February at $11bn
Apr 10, 2020 02:02A major Iranian businessman says exports of goods and services to Iraq were down year on year in February at $11 billion.
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Iran presses IMF for swift processing of loan request
Apr 09, 2020 08:52Iranian authorities have called on the International Monetary Fund (IMF) to accelerate processing Tehran’s request for an emergency loan which it requires for fighting a pandemic.
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Iran dominates West Asia’s renewable power capacity
Apr 07, 2020 11:03Iran dominated the West Asia’s renewable production capacity which rose 13 percent to 22,710 megawatts (MW) last year, the International Renewable Energy Agency (IRENA) says.
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Iran making nearly $100 million from kiwifruit exports
Apr 05, 2020 09:54Iran has become one of the five leading producers of kiwifruit in the world as exports hit a record high of nearly 100 million a year.
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Nearly 1,200 Iranian factories revived in one year, over 21k jobs created
Mar 29, 2020 09:51Iran’s Ministry of Industry, Mine and Trade (MIMT) says hundreds of ailing or closed factories have been revived over the past calendar year as the government seeks to diversify the economy away from oil and create more jobs in the country.
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Iran offering $5bn in cheap loans to buffer businesses from pandemic
Mar 26, 2020 23:57The Central Bank of Iran (CBI) has approved emergency funding worth nearly $5 billion to offer cheap loans to businesses hit by the new coronavirus pandemic.
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Iran revises buying price for wheat to support farmers
Mar 26, 2020 09:53Iran has lifted for a second time in a year the price at which it buys locally produced new-season wheat as the government plans to purchase nearly 70 percent of the crop produced inside the country.