Businesses
-
Iran to Allow Businesses Use Cryptos for Int’l Settlements
EghtesadOnline: The Central Bank of Iran and the Ministry of Industries, Mining and Trade have reached agreement to link the CBI crypto platform to the Comprehensive Trade System, which allows…
-
Businesses Concerned About Liquidity Crunch After Lifting of Forex Subsidies
EghtesadOnline: The reported government move to eliminate forex subsidies for import of basic goods would pose importers with new liquidity problems, businesspeople say.
-
Businesses Reopen After Lockdown
EghtesadOnline: Following the six-day lockdown, all businesses, with the exception of those listed below, may resume operations as of Aug. 22, according to an announcement of Iran Chamber of…
-
-
Power Outages Inflict Losses on Businesses
EghtesadOnline: Tehran Chamber of Commerce, Industries, Mines and Agriculture says recent power outages have inflicted between 1-5 billion rials ($4,000-20,000) worth of losses on businesses.…
-
Gov’t Doled Out $3.3 Billion in Covid-19 Financial Assistance
EghtesadOnline: The government has extended a total of 770 trillion rials ($3.37 billion) in financial assistance to households, businesses, the unemployed and the heath sector in the last fiscal…
-
Covid Curbs Eased on Businesses
EghtesadOnline: The National Coronavirus Headquarters has agreed that restrictions imposed on Group II of jobs in the high-risk red and orange zones for coronavirus transmission, including Tehran’s…
-
699K Jobs Salvaged by Covid-19 Relief Aid Given to Businesses
EghtesadOnline: A total of 699,000 jobs were safeguarded throughout the coronavirus crisis as a result of loans extended by the government to businesses under the Covid-19 relief assistance program.…
-
New Covid Surge Could Close 1 Million Businesses
EghtesadOnline: Iran Chamber of Guilds has issued a statement expressing concerns regarding the economic implications of a new surge in Covid-19 cases.
-
Debt Relief for Virus-Hit Businesses
EghtesadOnline: The Central Bank of Iran on Saturday announced financial relief to businesses battered by months of lockdowns to curb the Covid-19 pandemic.
-
Businesses to Be Penalized for Breaching Covid-19 Curbs
EghtesadOnline: Businesses violating the coronavirus containment measures will be handed out fines of between 3 million rials ($11.5) and 15 million rials ($57.8).
-
TCCIM to Hold Webinar on Family Businesses
EghtesadOnline: Tehran Chamber of Commerce, Industries, Mines and Agriculture’s Business School is scheduled to hold a webinar titled “Family Business: Challenges and Solutions” in collaboration…
-
Iran Tightens Restrictions on Movement, Non-Essential Businesses Amid Surge in Coronavirus
EghtesadOnline: Iran’s National Coronavirus Taskforce on Saturday began to impose strict travel restrictions and closed down non-essential businesses as part of efforts to stem the disease.
-
Iran: Night Curfew on Businesses as Daily Corona Cases Top 9,000
EghtesadOnline: The National Coronavirus Taskforce on Saturday issued a night curfew on nonessential businesses in areas hit hardest by the coronavirus, as Iran reported its largest single-day…
-
Iran Closes Down Businesses in 43 Counties Amid Coronavirus
EghtesadOnline: Iran’s National Coronavirus Taskforce shut down non-essential businesses in 43 counties with extremely high Covid-19 transmission rates for one week to slow the spread of a third…
-
Over 1,800 Businesses Closed for Flouting Virus Protocols
EghtesadOnline: Enforcement measures were taken by the Inspection and Oversight Department of Iran Chamber of Guilds to ensure businesses abide by social distancing regulations.
-
In 5 Months Banks Lend $18 Billion
EghtesadOnline: Banks and credit institutions paid 5,060.8 trillion rials ($18 billion) in loans to businesses in the first five months of the current fiscal year (March 20-August 21).
-
Businesses Booming Under Pandemic
EghtesadOnline: While many businesses are hurting during the coronavirus pandemic, some are seeing an increase in demand and sales.
-
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…
-
Small Enterprises Account for 45% of Iran’s Industrial Jobs
EghtesadOnline: Small businesses account for 52% of the total number of industrial units and 45% of industrial jobs in Iran.
-
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…
-
List of Businesses Eligible for Pandemic Loans Gets Longer
EghtesadOnline: The Central Bank of Iran expanded the list of businesses directly hit by the coronavirus pandemic, which are eligible to receive government-backed loans.
-
Covid-19 Lockdown Costs for Businesses at $1.4b Monthly
EghtesadOnline: Coronavirus lockdowns inflicted monthly losses worth 260,000 billion rials ($1.47 billion) on local businesses under the supervision of Iran Chamber of Guilds.
-
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.
-
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…
-
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 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.…
-
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.…
-
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…
-
Public Transport Commuters Surge as Businesses Reopen in Tehran
EghtesadOnline: As an increasing population use public transportation in the Iranian capital city, Tehran, adhering to social distancing will turn into a farfetched goal.