Business

What Iranian Businesses Must Do Before Resuming Their Operation

Iran’s National Headquarters to Fight Coronavirus has announced that low-risk businesses can restart their activities in coming days after registering on the website of the Ministry of Health and receiving a code.

Iran Producing 1 Million 3-layer Masks Every Day: Official

The Head of Iran’s Food and Drug Organization says one million three-layer masks are now being produced every day in the country, but the number is expected to reach five million a day in the next two to three weeks.

Iran Says US Can’t Veto Its IMF Loan Request

Iran says neither the United States, nor any other country in the world, has the power to veto the loan requests of International Monetary Fund (IMF) member states.

Iran Opens New Production Line for Face Masks amid COVID-19 Outbreak

Iran has inaugurated another production line for face masks as part of measures to stem the spread of the coronavirus.

Iran’s Leader Okays Allocation of €1 Billion to Fight COVID-19

The Iranian president has thanked Leader of Iran’s Islamic Revolution Ayatollah Seyyed Ali Khamenei for giving his blessing to withdraw one million euros from the National Development Fund.

COVID-19 Outbreak in Iran: Over 23m Families to Receive Financial Aid

Iranian President Hassan Rouhani has stepped up the administration’s response to the coronavirus outbreak by announcing plans to give more than 23 million households emergency financial aid.

Number of Road Trips in Nowruz Decreases by 80%: Iran

Iran says after the implementation of the social distancing plan, people's trips decreased by 80 percent during the Nowruz holidays.

$500m Allocated to Compensate for Losses of Iranian Transport Companies

Iran’s Minister of Roads and Civil Development says the government has allocated about $500 million to compensate for the losses the transportation companies that suffered damages from the Coronavirus outbreak.

Iranian MPs-Elect Vow to Work Towards Boosting Domestic Production

Representatives elected to the 11th Iranian Parliament have affirmed their commitment to laying the groundwork for boosting domestic production.

Over 100 Shipments of Goods Needed to Counter COVID-19 Cleared at Tehran Airport

Some 110 consignments dispatched to help fight the coronavirus outbreak in Iran have been cleared at the Customs Office of the Imam Khomeini International Airport.

Iran President Issues New Orders on Backing Businesses Hit by COVID-19

The Iranian president has issued fresh orders with regards to the campaign against the coronavirus as well as the necessity of propping up businesses affected by the COVID-19.

Iran Details Plans to Prop Up Businesses Hit by COVID-19

The government of Hassan Rouhani has announced details of its plans to counter the coronavirus and support businesses affected by the epidemic.

Over 31m Masks Produced or Imported Since Coronavirus Outbreak in Iran

More than 31 million face masks have been produced or imported since the coronavirus first broke out in Iran.

Iran Has No Problem in Providing Forex for Basic Commodities: Rouhani 

Iran’s President Hassan Rouhani has given an assurance that the country will have no problem supplying the foreign currency required for health facilities and basic commodities.

INSTEX Not Meeting Iran’s Needs in Fight against Corona: Official

An Iranian official says the EU’s financial mechanism to facilitate trade with Iran known as INSTEX is not meeting the country's needs to confront the Coronavirus.

Gov’t Resolved to Assist Needy People Hurt by COVID-19: Iran VP

The Iranian first vice-president has called on fellow countrymen to reach out to, and introduce those in need, including those whose livelihoods have been affected by the COVID-19 outbreak.

Iran Ready to Export Corona Diagnosis Kits: Government Spokesman

Iranian government spokesman says the Islamic Republic is now capable of exporting its homegrown COVID-19 diagnosis kits, but at the moment all these kits are being used for domestic needs.

OPEC Fund Earmarks $500,000 to Help Iran Fight COVID-19

The OPEC Fund for International Development has approved $500,000 in funding for Iran to help the country in its fight against the coronavirus.

Iran Allocates $10b to Address Corona amid Tough US Sanctions: Rouhani

Iran’s President Hassan Rouhani says his administration has allocated about $10 billion to help people and to address the problems of troubled businesses in face of the coronavirus outbreak.

INSTEX; A European Effort to Save JCPOA or Another Anti-Iran Plot?

Europe seems to be using INSTEX  as a tool to prevent the total collapse of the Iran nuclear deal and to maintain its independence against the US, but is that the whole story?

Coronavirus Epidemic Imperils Iranian Newspapers

A temporary halt in the printing of Iranian newspapers due to Nowruz holidays may get much longer due to the closure of printing houses in the wake of outbreak of coronavirus.

Iran Mass Produces Domestically-Made Coronavirus Test Kits

Iran has unveiled its domestically-made coronavirus test kit and announced its mass-production has begun by the defence ministry.

Iran Approves IRR 1,000-Trillion Coronavirus Stimulus Package

The Iranian administration has ratified a 1,000-trillion-rial economic relief package to protect the businesses and people affected by the coronavirus epidemic.

IRGC Unveils First Mobile Coronavirus Testing Device

The Basij force of the Islamic Revolution Guards Corps (IRGC) has unveiled the first mobile coronavirus testing machine capable of carry 200 test samples.

Iran Central Bank Seeking to Access IMF’s Rapid Financial Instrument

Iran’s Central Bank governor says it will strive to provide the foreign currency reserves required by the country in order to supply the required medications amid the coronavirus outbreak.

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