small and medium-sized enterprises SMEs

Central Bank of Iran pledges $4.5 billion in cheap loans to SMEs

Central Bank of Iran (CBI) has pledged to provide cheap loans worth $4.5 billion to small and medium-sized enterprises (SMEs) in the fiscal year to March as the government seeks to help the SMEs gain a better share of the business and economic activity in the country.

Mine and Industry

Iran to launch 200 manufacturing projects, creating 41,000 new jobs

Iran’s caretaker minister of industries says a total of 200 new manufacturing projects worth 170 trillion rials (nearly $7.4 billion) will be fully launched by the end of the current Iranian calendar year creating more than 41,000 new jobs.

Mine and Industry

Small enterprises account for 52% of Iran’s industrial units

Small businesses account for 52% of the total number of industrial units and 45% of industrial jobs in Iran.

Mine and Industry

CBI launches $3.7 billion credit facility for Iranian SMEs

The Central Bank of Iran (CBI) has officially launched its new scheme for helping small and medium-sized enterprises (SMEs) and other manufacturers with an initial credit worth of $3.7 billion.

Macro Economy

Iran, International Trade Center sign agreement

The Trade Promotion Organization of Iran has signed a memorandum of understanding with the International Trade Center as part of Tehrans efforts to expand business with other countries.

Macro Economy

Featured

Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has appreciated the significant growth of Iranian private sector producers.

Supreme Leader hails growth of Iranian private sector

A senior official with the Ministry of Industry, Mine and Trade (MIMT) says private sector production accounts for some 23% of Iran’s total auto output.

Private sector responsible for 23% of Iran’s auto output

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

Brought to you by LOTUSCODE.IR