36 Iranian SMEs attract $2.3b of foreign investments in a year

TEHRAN- Some 36 Iranian small and medium-sized entrepreneurs (SMEs) attracted above $2.3 billion of foreign investments during the previous Iranian calendar year 1396 (ended on March 20, 2018), Managing Director of Iran Small Industries and Industrial Parks Organization (ISIPO) Sadeq Najafi told IRNA on Sunday.

By Mahnaz Abdi

Annual FDI attracted in Iran’s industry, mining, trade up 75%

TEHRAN- Iranian industry, mining and trade sectors attracted $3.5 billion of foreign direct investment (FDI) in the past Iranian calendar year (ended on March 20), which indicates 75-percent growth from the figure of its preceding year, according to an industry official.

Over $1.8b allocated to SMEs, uncompleted projects in 9 months

TEHRAN- According to the latest data released by Iranian Ministry of Industry, Mining and Trade, some 82.13 trillion rials (about $1.84 billion) has been paid to fund the activity of 707 small and medium-sized enterprises (SMEs) and their semi-finished projects in Iran in the first nine months of the current Iranian calendar year (March 21- December 21, 2017), IRNA reported on Saturday.

CBI grants $6.4b of facilities to SMEs since last March

TEHRAN- The Central Bank of Iran (CBI) has given 300 trillion rials (about $6.4 billion) of facilities to domestic small and medium-sized enterprises (SMEs) as of the beginning of the present Iranian calendar year (started March 21, 2017), IRNA reported on Tuesday.

By Haniyeh Sadat Jafariyeh

Filtered apps suffocate domestic businesses

Following the social unrest across Iran, starting on Thursday, the government started blocking access to social networks and messaging apps including Telegram and Instagram, while some controls were also put on Iranians’ access to the Internet.

SMEs set to bolster Iran-Korea technology ties

TEHRAN – Representatives from private sectors of Iran and South Korea signed 22 memorandums of understanding (MOUs) in Tehran on Sunday to expand cooperation in technology transfer areas.

By Mahnaz Abdi

Supporting SMEs to raise production, employment 

SMEs (small and medium-sized enterprises) are enterprises whose personnel numbers fall below certain limits. According to the European definition, SMEs are enterprises which employ fewer than 250 persons and which have an annual turnover not exceeding €50 million, and/or an annual balance sheet total not exceeding €43 million.

By Mahnaz Abdi

Supporting SMEs to raise production, employment

SMEs (small and medium-sized enterprises) are enterprises whose personnel numbers fall below certain limits. According to the European definition, SMEs are enterprises which employ fewer than 250 persons and which have an annual turnover not exceeding €50 million, and/or an annual balance sheet total not exceeding €43 million.