EghtesadOnline: OPEC Fund for International Development has approved $500,000 in emergency grant to purchase and distribute medical equipment needed for combating COVID-19 in Iran.

EghtesadOnline: The government’s Economic Council has approved a proposal by the Oil Ministry based on which the state-owned National Iranian Oil Products Distribution Company has been tasked with helping convert 1.5 million gasoline-powered vans and taxis to compressed natural gas hybrids.

EghtesadOnline: Following sharp falls in the Tehran stock markets throughout last week, a senior bank official spoke about a plan to help support the market by granting loans to investors for purchasing shares.

EghtesadOnline: The Ministry of Industries has conditioned the granting of permission for export of minerals to exporting companies’ commitments to repatriate overseas earnings.