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AML Bill Faces Objection

EghtesadOnline: Iran ’s Guardians Council ruled an anti-money laundering bill passed by the parliament to be inconsistent with the Iran ian Constitution and Islamic law, sending it back to the legislature for revision.
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Publish Date:19/August/2018 | 04:19

Colza Production Breaks 30-Year Record

EghtesadOnline: Colza production in Iran since the beginning of the current Iran ian year (started March 21) has reached 355,000 tons, which marks a 30-year high, the director of Agriculture Ministry’s “National Oilseed Project” said.
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Publish Date:19/August/2018 | 04:16

Civil Servants Pension Fund Planning to Downsize

EghteadOnline: The Civil Servants Pension Fund is planning to cede either portions of its shares or total ownership in 99 of its subsidiaries, most of which are underperforming and bleeding cash.
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Publish Date:19/August/2018 | 04:15

Private Investors in Iran Get Green Light for Renewable Exports

EghtesadOnline: The Energy Ministry has called on the Renewable Energy and Energy Efficiency Organization—a state-owned entity also known as Satba—to prepare the ground for private sector investment in and export of renewables.
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Publish Date:18/August/2018 | 11:06

UK's Quercus Halts Iran Renewable Project

EghtesadOnline: British renewable energy investor Quercus said it will halt the construction of a €500 million ($570 million) solar power plant in Iran following the recent reimposition of US sanctions on Tehran.
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Publish Date:18/August/2018 | 11:04

Iran Petrochemical Company Not Worried About Exports

EghtesadOnline: The National Petrochemical Company is not concerned about exports despite the US unilateral sanctions because a large part of the firm's commodities are sold to European Union countries that have pledged commitment to the Iran nuclear deal.
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Publish Date:18/August/2018 | 11:03

US-EU Conflict to Benefit Iran

EghtesadOnline: Iran 's oil sector can retain its old customers in spite of US sanctions that will take effect on Nov. 4, a senior energy analyst said.
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Publish Date:18/August/2018 | 11:00

Iran Auto Market Sees Price Spikes Again

EghtesadOnline: US pressure on Iran ’s key auto industry coupled with domestic faulty policies have pushed up car prices once again, only a few days after the introduction of the government’s new forex policy which saw the market take a break from its months-long bullish run.
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Publish Date:18/August/2018 | 10:47

Afflictions of Higher Education: Degreeism, Poor Supervision

EghtesadOnline: Less than a decade ago, education, especially in prestigious universities, was considered a powerful cultural asset, but now the phenomenon of non-conformity of education with what a person does to earn a living is a serious issue facing Iran .
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Publish Date:18/August/2018 | 09:09

Over €81m Worth of Airport Equipment Purchased Post JCPOA

EghtesadOnline: Iran Airports & Air Navigation Company, an arm of the Ministry of Roads and Urban Development, has purchased €81.38 million worth of airport equipment since the nuclear deal was signed between Iran and world powers in 2015, the ministry’s news service reported.
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Publish Date:18/August/2018 | 09:08

Potato Seeds Imported From 5 Countries

EghtesadOnline: More than 875 tons of potato seeds worth $1.63 million were imported into Iran from five countries during the last Iran ian year (March 2017-18), data released by the Islamic Republic of Iran Customs Administration indicate.
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Publish Date:18/August/2018 | 09:07

Iran Date Exports Grow 27.7% to $102m in 4 Months

EghtesadOnline: Close to 89,220 tons of different kinds of dates worth more than $102 million were exported from Iran to 69 countries during the first four months of the current Iran ian year (March 21-July 22).
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Publish Date:18/August/2018 | 09:07

Decline in Non-Oil Trade With Taiwan

EghtesadOnline: Iran traded 455,922 tons of non-oil commodities worth $326.43 million with Taiwan during the first four months of the current fiscal year (March 21-July 22), registering a 19.31% and 7.57% decline in tonnage and value respectively compared with last year’s corresponding period, the Islamic Republic of Iran Customs Administration’s latest data show.
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Publish Date:18/August/2018 | 09:06

Persian Melon Exports Earn $34 Million

EghtesadOnline: Iran exported 88,940 tons of Persian melons worth $34.43 million during the first four months of the current fiscal year (March 21-July 22), the Islamic Republic of Iran Customs Administration’s latest data show.
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Publish Date:18/August/2018 | 09:05

Iran Agrifood Exports Rise 25% to Earn $2 Billion in Four Months

EghtesadOnline: More than 2.4 million tons of agricultural and food products worth $2.08 billion were exported from Iran during the first four months of the current Iran ian year (March 21-July 22), to register a 25.2% growth in value compared with last year's corresponding period.
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Publish Date:18/August/2018 | 09:03

Livestock Zoonotic Infections Down 38 Percent

EghtesadOnline: Cases of livestock infections causing zoonotic diseases such as rabies, brucellosis, anthrax, foot and mouth disease and lumpy skin disease fell by 38% during the first four months of the current Iran ian year (March 21-July 22), compared with the similar period of last year, the head of Iran Veterinary Organization said.
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Publish Date:18/August/2018 | 09:02

Bottled Water Industry Faces Capital, Packaging Shortages

EghtesadOnline: Stagnation afflicts bottled and mineral water industry due to problems of procuring packaging material and 30% to 40% of the country’s related businesses are on the brink of closing down, the secretary of Mineral and Potable Water Producers Association said.
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Publish Date:18/August/2018 | 08:57

Iran 's Non-Oil Trade Volume With Italy Up 40%

EghtesadOnline: Iran traded 371,876 tons of non-oil commodities worth $508.04 million with Italy during the first four months of the current fiscal year (March 21-July 22), registering a 40.12% growth in tonnage and a 3.71% decrease in value compared with last year’s corresponding period, the Islamic Republic of Iran Customs Administration’s latest data show.
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Publish Date:18/August/2018 | 08:56