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Businesses Booming Under Pandemic

EghtesadOnline: While many businesses are hurting during the coronavirus pandemic, some are seeing an increase in demand and sales.
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Publish Date:10/September/2020 | 11:17

6m Jobs Hit Hard by Virus

EghtesadOnline: The coronavirus has hit hard at an estimated 2.8 million businesses and six million jobs in Iran, according to the director general of Policymaking and Job Department of the Ministry of Cooperatives, Labor and Social Welfare.
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Publish Date:01/September/2020 | 11:31

SCI Assesses Aftermath of Coronavirus on Businesses

EghtesadOnline: Thirty-eight percent of businesses came to a complete standstill due to the outbreak of the new coronavirus in the two months leading to April 19, which declined to 21% in the month ending May 20.
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Publish Date:01/July/2020 | 24:03

Tehran Virus Toll Volatile, Alarming

EghtesadOnline: Following the rapid reopening of businesses across Iran amid the coronavirus pandemic, a health official said infections in the capital Tehran are volatile and alarming.
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Publish Date:08/June/2020 | 07:54

18,000 Employers Apply for Virus Bailout Assistance

EghtesadOnline: Since last Wednesday, nearly 18,000 employers and economic operators have registered at the Ministry of Cooperatives, Labor and Social Welfare’s Kara.mcls.gov.ir for coronavirus bailout assistance envisioned for distressed businesses.
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Publish Date:19/May/2020 | 09:54

Central Bank of Iran Updates List of Corona-Hit Businesses

EghtesadOnline: The Central Bank of Iran has updated and communicated the list of businesses directly hurt by the coronavirus outbreak to banks across the country, which are eligible to receive loans.
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Publish Date:09/May/2020 | 05:59

Loans to Businesses Up 26%

EghtesadOnline: Banks lent 9,750 trillion rials ($62.9 billion) to businesses in the last fiscal year (March 2019-20), which was up by 2,012 trillion rials or 26% compared to the year before.
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Publish Date:30/April/2020 | 06:00

Banks Count $1.1b in Bad Checks in 1 Month

EghtesadOnline: The number of bounced checks jumped in the month to March 19, marking the end of last fiscal year when the coronavirus spread in Iran hammering businesses in a way unseen in decades.
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Publish Date:29/April/2020 | 10:59

Tehran Low-Risk Shops Reopen

EghtesadOnline: Low-risk businesses affiliated to Tehran Guild Chamber on Saturday resumed activities as per the Smart Distancing Initiative to tackle the COVID-19 outbreak while minimizing its economic fallout.
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Publish Date:20/April/2020 | 13:56

Gold Market to Reopen Today

EghtesadOnline: Iran’s gold market will reopen on Monday following a month-long hiatus due to restrictions ordered by the government on almost all businesses to impede spread of the coronavirus.
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Publish Date:20/April/2020 | 13:18

Iran: Coronavirus Restrictions Relaxed

EghtesadOnline: Iran relaxed more of its restrictive measures on Monday and allowed medium-risk businesses to resume operations, but extended the closure of schools, universities, mosques and holy sites.
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Publish Date:20/April/2020 | 13:15

EGFI to Assist Virus-Hit Businesses

EghtesadOnline: The Export Guarantee Fund of Iran, the state-owned export credit agency, has raised the ceiling of its coverage to help support businesses affected by the COVID-19.
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Publish Date:18/April/2020 | 13:58

2 Businesses Top List of Borrowers

EghtesadOnline: A CBI report shows that more than half of the loans given by Iranian banks and credit institutions were in the form of civil partnership and installment sale contracts.
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Publish Date:19/February/2020 | 05:03

Opinion: Europeans Need to Do More

EghtesadOnline: For European businesses, it is a period of high uncertainty in Iran. No one can envy the challenges of decision-making facing their CEOs.
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Publish Date:11/January/2020 | 24:22

More Businesses Floundering in Iran

EghtesadOnline: The Ministry of Cooperatives, Labor and Social Welfare identified 1,281 economic enterprises by the end of the second quarter of the current Iranian year (Sept. 22) with an array of problems ranging from mismanagement to low productivity to lack of working capital.
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Publish Date:15/December/2019 | 13:10