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.
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).
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.
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.
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.