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Senior MP Supports Regulated Forex Market

EghtesadOnline: The regulated foreign exchange market can and should help in stabilizing foreign exchange rates and in the process eliminate rent-seeking and corruption because trade will be conducted in an open and transparent environment.
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Publish Date:22/May/2019 | 10:19

Iran Registers $255m in Non-Oil Trade Surplus With Neighbors

EghtesadOnline: Iran traded 3.66 million tons of non-oil commodities worth $1.84 billion with its 15 neighboring countries in the first month of the current fiscal year (March 21-April 20) to register a 12.75% and 13.63% decline in tonnage and value respectively compared with the same period of last year.
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Publish Date:21/May/2019 | 10:51

Vintage Cars Displayed at Milad Tower

EghtesadOnline: Owners of BMW and Volkswagen vehicles got together in an exhibition held on Friday at Tehran's iconic Milad Tower.
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Publish Date:21/May/2019 | 10:44

Decline in Iran 's Trade With Mongolia

EghtesadOnline: Iran traded 2,523 tons of non-oil commodities worth $11.44 million with Mongolia in the last fiscal year (ended March 20, 2019), registering a 18.14% and 23.16% decline in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date:21/May/2019 | 10:37

Iran 's Non-Oil Exports to Nepal Rise Remarkably

EghtesadOnline: Iran exported 49,578 tons of non-oil commodities worth $12.77 million to Nepal in the last fiscal year (ended March 20, 2019) to register a 2,236.25% and 3,114.84% hike in tonnage and value respectively compared with the year before, the latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date:20/May/2019 | 08:59

Industrial Chicken Farms’ PPI Up 50% in 2018-19

EghtesadOnline: The Producer Price Index for industrial chicken farms (using 2011 as the base year) stood at 409.86 in the last Iran ian year (March 2018-19), indicating a 50.23% increase compared with the year before.
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Publish Date:20/May/2019 | 08:54

Iran 's Non-Oil Trade With Belarus Crosses $26m

EghtesadOnline: Iran traded 13,798 tons of non-oil commodities worth $26.7 million with Belarus in the last Iran ian year (ended March 20, 2019) to register a 39.7% and 20.89% decline in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date:19/May/2019 | 09:43

Raw Vegetable Oil Imports to Continue Despite Sanctions

EghtesadOnline: Despite sanctions and limitations on international money transfer, Iran will import 1.1 million tons of raw vegetable oil, including those from soybean, sunflowers, palm and sesame, in the fiscal 2019-20, just as it did last year, the secretary of Iran ian Vegetable Oil Industry Association said.
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Publish Date:19/May/2019 | 09:28

Iran Work Schedules to Change in Summer

EghtesadOnline: Over 6,000 megawatts have been added to installed power capacity in the past two years, and hydroelectric power plants are in the best conditions due to the heavy rains in the past months.
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Publish Date:19/May/2019 | 09:27

Iran 's Non-Oil Trade Volume With Lebanon Up 122%

EghtesadOnline: Iran traded 44,668 tons of non-oil commodities worth $79 million with Lebanon during the last fiscal year (ended March 20, 2019) to register a 122.44% growth in tonnage and 38.23% decline in value compared with the year before, data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date:18/May/2019 | 11:33

Smart Electricity Meters for Agro Sector

EghtesadOnline: Government-affiliated Power Generation, Distribution and Transmission Company (Tavanir) installed 307,000 smart electricity meters in agriculture sector last year in the first phase of the National Smart Metering Program (known as Faham in Persian), operator of the project said Sunday.
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Publish Date:18/May/2019 | 11:32

Shazand Refinery Cuts Mazut Output

EghtesadOnline: Shazand Refinery in the central city of Arak, Markazi Province, has cut production of mazut, an eco-unfriendly fuel, to less than 7% by optimizing its processing facilities, managing director of the complex said.
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Publish Date:18/May/2019 | 11:20

MCC Raises Loan Ceiling for Rural Housing and Jobs

EghtesadOnline: The Money and Credit Council - a top financial decision-making body affiliated to the Central Bank of Iran - approved a decision Wednesday to raise the ceiling of loans allocated for renovating rural residential units and interest-free loans for job creation.
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Publish Date:18/May/2019 | 11:17

Tehran Stocks Down as Bearish Week Ends

EghtesadOnline: After two straight rallies, the main gauge of Tehran Stock Exchange lost some of its earlier gains on Wednesday amid selloff in the stocks of the basic metals, petrochemical and mineral groups.
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Publish Date:18/May/2019 | 11:14

Iran 's Non-Oil Trade With Bangladesh Crosses $110m

EghtesadOnline: Iran traded 1.46 million tons of non-oil commodities worth $118 million with Bangladesh in the last fiscal year (ended March 20, 2019) to register a 4.53% and 13.89% decline in tonnage and value respectively compared with the year before, the latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date:14/May/2019 | 24:06

Ruptured Omidiyeh Pipeline Repaired

EghtesadOnline: The oil pipeline in Omidiyeh in southwestern Khuzestan Province that was ruptured due to a leakage last week has been repaired, chief executive officer of the National Iran ian Oil Refining and Distribution Company said Monday.
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Publish Date:14/May/2019 | 24:00

Commercial Vehicles to Get Tires Online

EghtesadOnline: As a pilot plan introduced by the Industries Ministry, tires for heavy-duty vehicles will be sold at factory prices to truckers in Qazvin Province via an online platform as of May 22.
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Publish Date:14/May/2019 | 11:59

Construction Material Prices Exceed 47 Percent in Tehran

EghtesadOnline: The construction material price index for Iran 's capital city, Tehran, stood at 313.4 in the last Iran ian year (March 2018-19) to register a 47.8% increase compared with the year before.
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Publish Date:14/May/2019 | 11:56