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Gov't Earns $350m on Conscript Payoffs

EghtesadOnline: The administration of President Hassan Rouhani has earned $350 million from money paid by conscripts to pay off their mandatory military service, a deputy of Iran ian Public Conscription Organization said.
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Publish Date:10/October/2018 | 10:56

Iran to Launch Rail Ambulance

EghtesadOnline: The Islamic Republic of Iran Railways has signed a memorandum of understanding with Iran ’s Emergency Medical Services Organization to improve the health and safety of passengers, as well as IRIR staff by providing immediate relief to those affected by emergencies on railroads and train stations.
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Publish Date:10/October/2018 | 10:55

Iran -Iraq Transportation Forum Underway

EghtesadOnline: Iran -Iraq Road Transportation Forum, attended by commercial, economic and political officials of the two countries, as well as people active in the international road transportation of cargo and passengers, opened on Tuesday in Tehran.
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Publish Date:10/October/2018 | 10:54

Iran Bans Exports of Chipboards, MDFs

EghtesadOnline: The Ministry of Industries, Mining and Trade has banned the exports of timber, different kinds of chipboards and medium-density fiberboards, in a letter to the Islamic Republic of Iran Customs Administration.
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Publish Date:10/October/2018 | 10:48

Flood Damage to Mazandaran Agro Sector Estimated at $16m

EghtesadOnline: Some 2.2 trillion rials (around $16 million) worth of damage have been inflicted on the agriculture sector of the northern Mazandaran Province during the heavy rainstorm and the consequent flood on Friday and Saturday.
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Publish Date:10/October/2018 | 10:47

Agreement to Rehabilitate Tehran Distressed Areas

EghtesadOnline: Maskan Investment Group has signed an agreement with the Urban Renewal Organization of Tehran for rehabilitating distressed areas of Iran 's capital city.
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Publish Date:10/October/2018 | 10:45

Airfares Expected to Decline in Iran

EghtesadOnline: Iran 's currency market has lost some of its fluctuating fervor in the past few days, leading to hopes that airlines will also bring down their skyrocketing prices, as some have already done so.
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Publish Date:10/October/2018 | 05:52

Iran : Herd Behavior Behind Stock Market Rout

EghtesadOnline: The sudden heavy losses in the Tehran Stock Exchange in recent days has bewildered analysts and market players alike who had initially dismissed the phenomenon as a natural correction that would run its course.
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Publish Date:10/October/2018 | 05:49

Bank Maskan Loans Reach Record High

EghtesadOnline: As Iran 's housing sector is hard at work fighting off a returning recession triggered by the currency crisis, the state-run agent bank of the sector is pumping out facilities faster than ever to compensate for a dwindling purchasing and spending power.
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Publish Date:10/October/2018 | 05:48

Iran Allocates $3b Pharmaceutical Imports

EghtesadOnline: The Central Bank of Iran governor Abdolnaser Hemmati said more than $3 billion has been earmarked for the import of pharmaceuticals since the beginning of the current fiscal in March, IBENA reported on Monday.
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Publish Date:10/October/2018 | 05:43

Iran 's Banking Problems With South Korea Resolved

EghtesadOnline: Following the approval of a measure by lawmakers that allows Iran to formally join the UN treaty for combating the financing of terrorism earlier this week, Iran ian residents in South Korea can now open bank accounts, said the secretary-general of Iran -South Korea Chamber of Commerce.
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Publish Date:10/October/2018 | 05:40

Iran , Turkey Private Sectors Address Obstacles in Commercial Relations

EghtesadOnline: Officials from the private sectors of Iran and Turley met at Iran Chamber of Commerce, Industries, Mines and Agriculture headquarters in Tehran on Sunday to survey ways of eliminating handicaps in the way of boosting bilateral economic relations.
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Publish Date:10/October/2018 | 05:33

Iran , Germany Private Sectors Take Stock of Trade Challenges

EghtesadOnline: High-level representatives from the private sectors of Iran and Germany convened in Tehran to discuss challenges and come up with mutually beneficial ways of finding solutions to issues created by the reimposition of US sanctions against Tehran.
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Publish Date:08/October/2018 | 09:17

Iran 's Trade With Turkmenistan Tops $150m

EghtesadOnline: Iran traded 257,483 tons of non-oil commodities worth $153.97 million with Turkmenistan during the first five months of the current fiscal year (March 21-Aug. 22).
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Publish Date:08/October/2018 | 09:14

Central Bank of Iran Gives More Latitude to Money Changers

EghtesadOnline: The Central Bank of Iran on Wednesday allowed currency exchange houses to sell hard currency up to €5,000 to anyone wanting to buy as the bank struggles to stabilize the foreign exchange market.
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Publish Date:08/October/2018 | 09:13

Iran 's Housing Sector Rocked by Currency Crisis

EghtesadOnline: After enjoying a short period of growth on the back of stable outlooks and government support, Iran 's housing and construction sector has once again contracted in the first six months of the current Iran ian year that ended on Sept. 22, a central bank official said.
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Publish Date:08/October/2018 | 08:54

Iran : TEDPIX Continues Slide as Rial Stabilizes

EghtesadOnline: Selling continued on Saturday for stocks, with the Tehran Stock Exchange main gauge, TEDPIX, logging a third straight drop after getting hit by another jump in the rial value and investor speculation going awry.
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Publish Date:08/October/2018 | 08:52