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Iran Parliament Sets Rules for Establishing Financial, Credit Institutions

EghtesadOnline: Those wanting to establish business in the monetary market, namely establishing credit institutions, setting up branches and offices, attracting public deposits in any form, offering payment, and any kind of activity in the payment system…must acquire permit from the Organization for Supervision Over Credit Institutions, the spokeswoman of Majlis Economic Commission said.
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Publish Date:13/October/2018 | 07:16

US Again Warns About Iran ’s Financial Activities

EghtesadOnline: As part of its continued pressure campaign on Iran , the US government has issued an advisory to help US financial institutions (particularly banks; money services businesses (MSBs), such as virtual currency administrators and exchangers; and dealers in precious metals, stones, and jewels) better detect "potentially illicit transactions" related to the Islamic Republic.
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Publish Date:13/October/2018 | 07:10

Iran Cooperatives Created 1.7m Jobs

EghtesadOnline: The thousands of cooperative organizations, which are owned and run jointly by their members, created more than 1.7 million jobs across Iran , a new report published by the Center of Statistics at the Ministry of Cooperatives, Labor and Social Welfare show.
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Publish Date:10/October/2018 | 11:41

Transportation via Iran 's Northeastern Border Crossing Rises 57%

EghtesadOnline: Cargo transportation through Sarakhs border crossing in Khorasan Razavi Province to and from Central Asia amounted to more than 1.25 million tons during the first half of the current Iran ian year (March 21-Sept. 22).
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Publish Date:10/October/2018 | 11:40

A Review of Iran 's Export Price Changes (Mar-Aug 2018)

EghtesadOnline: Iran 's average export price index stood at 674.4 in the fifth month of the current fiscal year (July 23-Aug. 22), registering a 22.1% increase compared with the preceding month and a 180.4% rise compared with last year’s corresponding month, the Central Bank of Iran ’s latest data show.
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Publish Date:10/October/2018 | 11:39

Iran Gov’t Buys 5.5% More Wheat This Year

EghtesadOnline: More than 9.5 million tons of wheat worth 120 trillion rials ($750 million) have been purchased from local farmers across the country by the government in the current Iran ian year, registering a 5.5% rise both in weight and value compared with last year.
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Publish Date:10/October/2018 | 11:38

Huge Rise in Iran 's Steel Exports to Iraq, Afghanistan

EghtesadOnline: Iran exported 998,000 tons of steel worth more than $546 million to neighboring countries Iraq and Afghanistan during the first five months of the current fiscal year (March 21-Aug. 22).
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Publish Date:10/October/2018 | 11:36

Iran 's Trade With Azerbaijan Grows 38%

EghtesadOnline: Iran traded 263,586 tons of non-oil commodities worth $149.38 million with Azerbaijan during the first five months of the current fiscal year (March 21-Aug. 22), registering a 39.56% and 38.38% growth in tonnage and value respectively compared with last year's corresponding period, data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date:10/October/2018 | 11:36

Tehran Hosting OSJD Int'l Freight Conference

EghtesadOnline: The 11th edition of the "OSJD International Freight Conference" hosted by the Islamic Republic of Iran Railways opened in Tehran on Tuesday.
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Publish Date:10/October/2018 | 11:34

Iran Mushroom Production Estimated to Increase by 6.6%

EghtesadOnline: More than 160,000 tons of mushrooms are estimated to be produced in Iran during the current Iran ian year (March 2018-19), registering a 6.6% increase compared with last year, the head of the Ministry of Agriculture’s Greenhouse, Medicinal Plants and Edible Mushroom Affairs Bureau said.
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Publish Date:10/October/2018 | 11:33

SCI Reviews Iran 's Inflation Rates as Per Provinces, Income Deciles

EghtesadOnline: Goods and services Consumer Price Index for Iran 's Chaharmahal-Bakhtiari Province registered a year-on-year increase of 32.1% during the Iran ian month of Sharivar (Aug. 23-Sept. 22) compared with the similar month of last year–the highest among all provinces.
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Publish Date:10/October/2018 | 11:31

Iran Seafood Exports Exceed $80m

EghtesadOnline: More than $80 million worth of seafood have been exported from Iran since the beginning of the current Iran ian year on March 21, which shows a 20% increase compared with the similar period of last year, the head of Iran Fisheries Organization said on Wednesday.
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Publish Date:10/October/2018 | 11:17

World Bank Presents Iran 's Economic Outlook

EghtesadOnline: Iran ’s GDP growth in 2017-18 dropped to 3.8%, as the effect of a large surge in oil revenues in the previous year dissipated.
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Publish Date:10/October/2018 | 11:15

Iran , Turkey Sign Three Agro MoUs

EghtesadOnline: Iran and Turkey signed three memoranda of understanding in the fields of horticulture, beekeeping and veterinary affairs.
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Publish Date:10/October/2018 | 11:12

Iran Butter Imports at €24m in 4 Months

EghtesadOnline: More than 14,761 tons of butter worth around €24 million were imported into Iran during the first four months of the current Iran ian year (March 21-July 22), according to data released by the Islamic Republic of Iran Customs Administration.
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Publish Date:10/October/2018 | 11:10