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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

Iran Aluminum Output Rises 11%

EghtesadOnline: Iran ’s major aluminum companies produced an aggregate of 121,909 tons of aluminum products during the first four months of the current fiscal year (March 21-July 22), which indicate an 11% increase compared with the corresponding period of last year, Iran ian Mines and Mining Industries Development and Renovation Organization reported.
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Publish Date:18/August/2018 | 04:39

Equity-Based Sukuk Return to Iran Capital Market

EghtesadOnline: The government is set to clear part of its debt to Social Security Organization by issuing 12 trillion rials ($150 million) of equity-based Ijarah sukuk on the capital market.
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Publish Date:18/August/2018 | 04:36

New Forex Initiative Manages to Fix Past policies

EghtesadOnline: The new forex initiative has only managed to fix major policy mistakes of the past two quarters, which is not enough to control profiteering in the foreign exchange market.
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Publish Date:18/August/2018 | 04:35

Gold Jewelry to Get VAT Exemption

EghtesadOnline: A bill is under review by parliamentary committees to boost the gold jewelry sector by exempting domestic producers from a 9% value-added tax on sales, the head of Gold and Jewelry Union said.
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Publish Date:18/August/2018 | 04:33

Shaparak Transactions Show Strong Growth

EghtesadOnline: About 1.77 billion transactions worth 2.03 quadrillion rials ($48.33 billion) were transacted by Shaparak, Iran ’s payment settlements network, during the fourth month of the current fiscal year that ended on July 22.
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Publish Date:18/August/2018 | 04:32

Plan to Name and Shame Major Loan Defaulters

EghtesadOnline: A counter-corruption parliamentary commission has submitted its findings on 31 of the largest bank loan defaulters to the judiciary, as the crackdown on corruption intensifies, the head of the commission said.
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Publish Date:18/August/2018 | 04:29

Government Set to Improve Urban Quality of Life

EghtesadOnline: One of the biggest missions of President Hassan Rouhani’s administration is to implement its urban revitalization plan for reducing distressed urban areas and improving the quality of life of their residents, the minister of roads and urban development said.
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Publish Date:18/August/2018 | 04:24

Iran -Iraq Gas Talks Underway

EghtesadOnline: Iraq's Oil Ministry is discussing prospects of increasing gas import from Iran for its industrial and residential sectors, a senior energy official said.
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Publish Date:15/August/2018 | 07:17

Portable Gas Stations for Northern Routes

EghtesadOnline: The National Iran ian Oil Products Distribution Company has launched six portable fuel stations on the crowded roads of northern Iran where demand for gasoline is very high.
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Publish Date:15/August/2018 | 07:16

Domestic Refineries Building Diesel Hydrotreating Units

EghtesadOnline: A diesel hydrotreating unit, which is a part of the plan to raise production capacity and quality, is near completion at Bandar Abbas Oil Refinery in the southern Hormozgan Province, the refinery’s managing director said.
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Publish Date:15/August/2018 | 07:15

Iran Gov’t Set to Facilitate Export of Nanotech Products

EghtesadOnline: Receiving updates on the nation’s latest developments regarding nanotechnology, the top ICT official stressed the need to remove hurdles that currently impede the export of related products.
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Publish Date:15/August/2018 | 07:10

Government Offers New Incentive to Knowledge-Based Firms’ Employees

EghtesadOnline: A trial run of a government project is being conducted as per an agreement introduced jointly by the Vice Presidential Office for Science and Technology and the office of the General Staff of the Armed Forces which enables skilled individuals working as key members of knowledge-based firms to spend their compulsory military service at their respective companies.
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Publish Date:15/August/2018 | 07:09

Iran Auto Importers Warned Against Price Gouging

EghtesadOnline: Iran ian auto importers, who had brought vehicles into the country when the open market forex rate was significantly lower than the current average of 95,000 rials per US dollar, need to slash the price of the cars they are offering in the market or the government will claim a share of their incomes.
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Publish Date:15/August/2018 | 07:08

Yogurt Exports Earn $36m

EghtesadOnline: Iran exported 36,629 tons of yogurt worth $36.15 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 indicate.
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Publish Date:15/August/2018 | 05:16

Indian Tea Exporters Seeking Special Exchange Rate From Iran

EghtesadOnline: The Indian tea industry has sought a special exchange rate from Iran for tea exports to the country after November 4 when US sanctions will restrict sales of oil and petrochemical products to the country.
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Publish Date:15/August/2018 | 05:15