The Central Bank of Iran (CBI) pledged to provide cheap loans worth $4.5 billion to small- and medium-sized enterprises (SMEs) in the year to March 20, as the government seeks to help the SMEs gain a better share of the business and economic activity in the country.
Iran commits to $4.5b in loans to SMEs: CBI governor
Iran’s mining industry registered a positive trade balance of $4.2 billion in the past Iranian year (ended on March 20), according to figures by the Industry, Mine and Trade Ministry.
Positive annual trade balance registered in Iran mining sector
The Iranian government said it will grant residency visas of up to five years to foreigners who invest in the country’s capital markets, according to an aide in Iran’s Securities and Exchange Organization (SEO).
Iran to grant residency visa to foreigners investing in capital markets
Iran has been involved in China’s major infrastructure development project One Belt One Road, Minister of Roads and Urban Development Mohammad Eslami said.
Iran involved in China’s “One Belt One Road” initiative: Minister
The United Nations Industrial Development Organization (UNIDO) cooperates with Iran’s Ministry of Cooperatives, Labor, and Social Welfare on creating job opportunities in five provinces, according to the representative of the agency’s field office in Tehran.
UNIDO cooperating with Iran on job opportunities in five provinces: Tehran office chief
The Iranian government will grant residency visas of up to five years to foreigners who invest in the country’s capital markets, said an official in Iran’s Securities and Exchange Organization (SEO).
Up to five years residency visa for foreigners investing in Iran: SEO official
The US dollar has hit a new low against the Iranian currency rial mainly on unconfirmed reports suggesting that Iran and major powers would reach a deal in the Austrian capital to revive an international deal on the country’s nuclear program.
Dollar sinks against Iranian rial on hopes of deal in Vienna
Iran expects to export as much as 2.5 million barrels per day (mbd) of crude after the removal of US sanctions amid rising optimism over on-going nuclear negotiations in Vienna.
Crude market ready as Iran targets 2.5 mbd exports after US sanctions removal
The Iran Mercantile Exchange (IME) announced that 686,963 tons of commodities, valued at over $400 million, were traded in its domestic trading and export halls in the week ending April 30.
IME weekly trade exceeds $400m
Global investors' enthusiasm for the Chinese market seems unstoppable despite the COVID-19 pandemic, as the latest data showed that China successfully navigated the economic fallout in the turbulent year and became the top investment destination worldwide.
Global investors flock to China amid improved business environment

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