Finance
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Parsian Bank, EGFI Agree to Finance Non-Oil Export
EghtesadOnline: The Export Guarantee Fund of Iran, the state-owned export credit agency, and Parsian Bank signed an agreement Sunday to jointly finance and guarantee loans to exports of non-oil…
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Call for Executing Tax Deal With India
EghtesadOnline: President Hassan Rouhani has asked the Ministry of Economic Affairs and Finance to implement the legislation on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion…
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Official Expounds on World Bank Doing Business Report
EghtesadOnline: There is great deal of criticism against the World Bank’s Doing Business Report and its associated country rankings, Ali Firouzi, an official with the Ministry of Economic Affairs…
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As Coronavirus Takes Toll; Businesses Given 3-Month Grace Period
EghtesadOnline: The Money and Credit Council -- the top finance and banking policymaker -- agreed on Wednesday to postpone repayment of loans to mitigate the effect of new coronavirus on businesses.
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State Scheme to Finance 100 Startups Annually
EghtesadOnline: A group of state institutions has launched an initiative to grant financial support to 100 startups per year to help them flourish.
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IRENEX Offers Salaf Contracts to Finance Oil Project
EghtesadOnline: Standard parallel salaf contracts worth 2.5 trillion rials ($20 million) will be offered on the Iran Energy Exchange on Tuesday to finance Azar Oilfield projects.
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Moves to Improve Transparency of Election Campaign Finance
EghtesadOnline: The parliament approved the general outlines of a bill that aims to increase transparency in election campaign financing ahead of the 11th round of Majlis elections due to be…
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Gov’t Can Borrow €3.4b From NDFI
EghtesadOnline: The government can withdraw €3.4 billion from the National Development Fund of Iran in the next fiscal year (starts March 2020), to finance development projects.
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China Reopens $1.9b L/C for Tehran-Qom-Isfahan Railroad Project
EghtesadOnline: A credit line of $1.94 billion has been reopened by China to finance Iran’s Tehran-Qom-Isfahan high-speed railroad project, according to the governor general of Isfahan Province.
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First FOF Will Help Finance Knowledge-Based Companies
EghtesadOnline: Iran launched the first ever fund of funds (FOF) on Sunday as part of measures to promote knowledge-based companies.
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Leading Economic Expert Appraises Housing Challenges
EghtesadOnline: Hossein Abdoh-Tabrizi, a prominent figure in Iran’s housing and finance sectors, has appraised the main challenges facing Iran's housing sector.
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$213m Salaf Securities Sold to Finance Oil Projects
EghtesadOnline: Standard parallel salaf contracts worth 25 trillion rials ($213.6 million) were sold in the Iran Energy Exchange Sept.3-4 to finance oil projects.
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$86m Manfa’at Bonds to Help Finance Oil Projects
EghtesadOnline: Manfa’at Sukuk worth 10 trillion rials ($86 million) were sold Monday in Iran Fara Bourse (junior stock market for securities and other financial instruments in Tehran) to help…