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Iran to scrap rial as parseh becomes small currency unit
The rial, the currency unit used consistently in Iran for almost a century, will be totally abandoned once the country introduces a redenomination.
ISIPO CEO: Exports by Iran’s industrial units fetched $4b in a year
A total of 1,100 units operating in industrial parks across Iran exported products worth $4 billion in the year to March 2019, said the head of the board of directors of Iran Small Industries and Industrial Parks Organization (ISIPO).
First South Pars demercaptanization unit operational by March 2020
The first demercaptanization unit of South Pars Phases 2 and 3 has so far progressed by 78 percent and will come on stream by the end of the current Iranian year (March 2020).
SoftBank mobile unit in record IPO but flops on market debut
Japanese technology giant SoftBank raised a record amount for its mobile unit in the world's second-biggest ever IPO but the shares plunged in a disappointing debut trading session on Wednesday.
Greece's skirt-wearing, selfie-attracting guard unit turns 150
Already dressed in his special costume, Greek presidential guard Christos Lialis stands absolutely still so his watch mate can affix his many-pleated fustanella skirt, the unit's world-renowned symbol.
Tahoe Resources: Workers at Guatemalan unit abducted, held for several hours
Twelve unarmed security contract workers at Tahoe Resources Inc.’s Guatemalan unit were abducted late on Friday and held for hours before being released, the gold- and silver-mining company said.
First utility unit of SP Phase 13 refinery launched
The first utility unit of a refinery in Phase 13 of giant South Pars Gas Field in southern Iran has became operational, said the manager of the phase's development project.
Iran moves to change currency unit to toman
The Iranian government on Wednesday approved a proposal to change the country's currency unit from rial to toman.
135,000 housing units ready for delivery
A total of 135,000 Mehr Housing units are ready to be handed over to applicants, said the deputy head of roads and urban development minister.

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