What COVID-19 might mean for the global economy?
COVID-19 risks have been priced so aggressively across various asset classes that some fear a recession in the global economy may be a foregone conclusion.
Chabahar gets invest request
Fifty-three companies have requested to invest in Chabahar, Iran’s only oceanic port, a senior official said.
South Korea allocates extra budget to fight virus
South Korea on Wednesday proposed an extra budget of nearly 12 trillion won to help better deal with the new coronavirus and minimize economic fallout from its outbreak there.
IPO to offer more shares of state companies next year
Head of Iran Privatization Organization (IPO) said on Tuesday that the body plans to continue offering state-run companies' shares to the private sector next year.
US to set exemptions on Iran’s currency transactions
The US administration appears to have issued a directive to set some exemptions on parts of Iran’s currency resources and transactions to ease the supply and import of basic products and pharmaceutical drugs.
Iran President Orders Action against Profiteering in Sale of Health Goods
Iran’s president assigned the Intelligence Ministry to handle a complaint from the Minister of Health who has expressed frustration with a group of profiteers that have hoarded respiratory masks amid a growing demand for the health products after the outbreak of COVID-19.
Worth of trades at IME jumps 37% in a week
The worth of trades at Iran Mercantile Exchange (IME) has risen 37 percent during the past Iranian calendar week (ended on Friday).
Iran dispatches ship to Sharjah to bring back Iranians
A passenger ship was dispatched on Friday to the port city of Sharjah in UAE to bring back the Iranian tourists, according to an official.
Iran automaker to unveil 9 new models in coming years
Iran Major Automaker Iran Khodro Company (IKCO) is going to launch nine new vehicles within the next three years.
Private suppliers to offer 110,000 KWh of electricity at IRENEX
Iranian private power suppliers will offer 110,000-kilowatt hours (KWh) of electricity at Iran Energy Exchange (IRENEX) on Saturday.