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‘Water Bankruptcy’ Is Here

EghtesadOnline: Challenges in the face of water shortages in Iran have been long dubbed as a major crisis but the reality is that the country now is on the verge of water bankruptcy, the chairman of the Technical Committee for Flood Evaluation & Dam Safety at the Iranian National Committee on Large Dams said.
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Publish Date: 17/May/2021 | 18:27

Stocks Buck 4-Day Rising Trend in Iran

EghtesadOnline: Tehran stocks paused on Sunday after rallying for four consecutive sessions as commodity stocks went into correction phase after relative gains.
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Publish Date: 17/May/2021 | 18:20

Iran's CB Injects $50m to Help Share Market

EghtesadOnline: The Central Bank of Iran said Sunday it injected the rial equivalent of $50 million into the Capital Market Stabilization Fund.
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Publish Date: 17/May/2021 | 18:18

US Sanctions Should Not Stop European Business With Iran

EghtesadOnline: A legal adviser to the European Union’s top court said a German company was wrong to terminate its contract with an Iranian bank if its only justification was concern about becoming entangled in US sanctions on Iran.
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Publish Date: 15/May/2021 | 11:54

Iran: Majlis Enters the Crypto Fray

EghtesadOnline: The growing interest in investments in cryptocurrencies among Iranians has raised Majlis concerns with the speaker on Thursday calling on financial authorities to exercise caution in dealing with the controversial issues related to cryptocurrencies.
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Publish Date: 15/May/2021 | 11:53

Iran CB Governor's Views About Chronic Inflation

EghtesadOnline: One year after the Central Bank of Iran for the first time set a target for inflation, the bank governor Abdolnasser Hemmati late Sunday tried to explain why the target was a failure.
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Publish Date: 11/May/2021 | 24:14

Iran: Need for All-Inclusive Crypto Regulations

EghtesadOnline: Experts and private sector representatives say the parliament needs to expand the scope of cryptocurrency regulations to cover crypto trade and restrain the bureaucracy tied to obtaining government licenses.
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Publish Date: 10/May/2021 | 11:32

Iran: Dollar Trims Losses

EghtesadOnline: Foreign exchange rates climbed on Saturday despite expectations that the prices would decline due to the diplomatic efforts in Vienna related to Iran’s nuclear agreement.
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Publish Date: 10/May/2021 | 11:24

Iran Government Plans to Complete Five Rail Projects by August

EghtesadOnline: The government plans to complete the construction of five rail projects, all of which have so far had more than 50% progress, by the end of its term in August, according to a report released by the Construction and Development of Transportation Infrastructure Company.
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Publish Date: 09/May/2021 | 13:39

Uptick in Iranian Commercial Ports Activity

EghtesadOnline: A total of 13.8 million tons of commodities were loaded and unloaded in Iran’s commercial ports during the first 40 days of the current Iranian year (March 20-April 30).
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Publish Date: 08/May/2021 | 24:14

ICCIMA Official: Cordial Ties to Neighbors Key to Restoring Lost Oil Market Share

EghtesadOnline: The era of high demand for oil and petroleum products will not be as before, most experts and analysts say. Nonetheless, Iran still has the opportunity to restore its lost market share if it carefully avoids conflict with neighbors, especially Saudi Arabia, the head of the Energy Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture said.
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Publish Date: 05/May/2021 | 07:58

Iran's Fiscal 2021-20 Import Bill: $38b

EghtesadOnline: Thirty commodities accounted for one-third of the value of Iran’s total imports in the last fiscal year that ended in March.
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Publish Date: 05/May/2021 | 07:51

Iran Imports 3.19m Covid Vaccines

EghtesadOnline: Twelve shipments of Covid-19 vaccines containing over 3.19 million doses were imported from Russia, China, India and South Korea from Feb. 3 to May 2, Fars News Agency quoted Mehrdad Jamal Orounaqi, an official with the Islamic Republic of Iran Customs Administration as saying.
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Publish Date: 05/May/2021 | 07:50