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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

Call for Establishment of Iran -Iraq Joint Bank

EghtesadOnline: Privately-owned banks have expressed readiness to establish a joint bank with Iraq, said the head of Iran -Iraq Chamber of Commerce.
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Publish Date:08/October/2018 | 08:32

Iran 's Biggest Mortgage Provider Extends €14b in 3 Decades

EghtesadOnline: Iran 's housing and construction sector has received about 2.09 quadrillion rials (over €14b) worth of loans during the past three decades, according to the state-run agent bank of the sector.
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Publish Date:03/October/2018 | 05:27

Iran Cement, Clinker Exports Up 17%

EghtesdaOnline: Close to 5.82 million tons of cement and clinker were exported from Iran during the first five months of the current Iran ian year (March 21-Aug. 22), showing a 17.3% rise compared with the corresponding period of last year.
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Publish Date:02/October/2018 | 06:04

Iran Cotton Output Estimated to Reach 60,000 Tons

EghtesadOnline: Close to 180,000 tons of cotton bolls are estimated to be produced in Iran by the end of the current Iran ian year (March 20, 2019), from which around 60,000 tons of carded cotton will be extracted.
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Publish Date:02/October/2018 | 06:01

Iran 's H1 Non-Oil Foreign Trade Tops $45b (Mar-Sep, 2018)

EghtesadOnline: Iran ’s non-oil foreign trade during the first half of the current fiscal year (March 21-Sept. 22) stood at $45.3 billion, indicating a 0.7% decline compared with last year’s corresponding period.
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Publish Date:01/October/2018 | 11:47

Iran Airport Traffic Dips 11% (June-July 2018)

EghtesadOnline: Iran Airports Company registered 35,816 takeoffs and landings during the Iran ian month ending July 22, which shows an 11% decline compared with the similar period of last year.
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Publish Date:01/October/2018 | 11:43

Iran Home Video Sales Down 50%

EghtesadOnline: Home video sales of Soureh Pictures–a major producer and distributor of Iran ian feature and short films in Iran –are down 50%, thanks to a rise in the prices of DVDs, the head of the company said.
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Publish Date:30/September/2018 | 05:52

Road Accidents Blamed on Dwindling Budget

EghtesadOnline: One of the reasons behind road accidents in Iran is the declining budget of the Islamic Republic of Iran Road Maintenance and Transportation Organization–the executive arm of the Ministry of Roads and Urban Development, the spokesperson of Majlis Development Commission, Sodeif Badri, said.
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Publish Date:30/September/2018 | 05:47

MoU to Help Connect Iran Railroad to Turkey

EghtesadOnline: A memorandum of understanding for carrying out feasibility studies on the construction of Jolfa-Poldasht-Cheshmeh Sorayya rail route stretching from East to West Azarbaijan provinces has been signed.
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Publish Date:30/September/2018 | 05:46

Surge in Tehran Home Prices Continues While Deals Fall: H1 2018

EghtesadOnline: Home prices in Tehran soared while the number of property deals significantly declined during the sixth month of the current Iran ian year that ended on Aug. 22, the Central Bank of Iran announced.
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Publish Date:30/September/2018 | 05:45

Iran Capex Disbursements Increase by 450%

EghtesadOnline: The Iran ian government has spent 255 trillion rials ($1.73 billion) in capital expenditure during the first five months of the current Iran ian year (started March 21), which is 450% more compared with the same period of last year, Iran 's Plan and Budget Organization said.
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Publish Date:29/September/2018 | 14:03

Iran : Qazvin-Rasht Railroad to Come on Stream by March 2019

EghtesadOnline: Track laying of Qazvin-Rasht Railroad will be completed within a month and the rail route will be ready to come on stream by the end of the current Iran ian fiscal year on March 20, 2019.
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Publish Date:29/September/2018 | 14:02