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61 percent increase in Iran customs revenue


Iran’s customs revenue increased 61 percent last year due to the implementation of the comprehensive customs system, said the Deputy Director of Technical Affairs of Customs Administration.

OIETAI approves foreign investment projects worth $1.6 billion


The Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) approved 28 foreign investment projects worth 1.6 billion dollars.

18 rise in life insurance


The Director General of Central Insurance said the total life insurance and non-life insurance policies of insurance companies in Iran is 29 trillion tomans, indicating 18 growth in life insurance during the first three months of this Iranian year.

Nearly 100 of the privatization budget realized in last year


Last year we had a budget commitment of 16,500 billion tomans, which 16,431 billion tomans were realized, and therefore 1395 (March 2018-17) is the only year in the Privatization Organization we got close to achieving 100 of the budget commitment, the head of the Iranian Privatization Organization said.

Over 330 direct jobs created with BIM facilities in Hormozgan province


Three industrial projects were launched in Hormozgan province with the facilities of the Bank of Industry and Mine (BIM), creating direct jobs for 332 people.

Robat Ferro Alloy Complex inaugurated


Rabat Ferro Alloy Complex Company was inaugurated in Kerman using the facilities of the Bank of Industry and Mine.

6 rise in Iran non-oil foreign trade during four months of current Iranian year


During the first four months of the current Iranian year (March 2017-18), Iran’s non-oil foreign trade reached $29.27 billion, indicating a 6 rise compared with last year’s corresponding period.

Companies with control stocks were assessed in accordance with Article 44


The head of the Iranian Privatization Organization announced that companies with control stocks were assessed within the framework of Article 44 up to 1392 (March 2013).

Iran Bank of Industry and Mine, China Exim Bank sign economic agreement


During a ceremony attended by Ali Ashraf Afkhami, Chairman of the Board and CEO of the Bank of Industry and Mine, and Sun Ping, Vice-Chairman of the Exim Bank of China, Iran and China signed an agreement to finance the Tehran-Mashhad Electric Railway project.

Iran Exim Bank brokerage relationships with 122 banks in 55 countries


Managing Director of Export Development Bank of Iran announced that the bank has established brokerage relationships with 122 banks in 55 countries.