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Capping Bank Numbers on CBI Agenda

EghtesadOnline: The Central Bank of Iran seeks to halt an increase in the number of banks and is open to merger proposals, a deputy governor of CBI said.
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Publish Date:13/August/2018 | 04:40

In Search of Economic Savior

EghtesadOnline: Everyone starts looking for that single savior of economy at times of crises and this time around, the search began right after the political and social developments of the second half of last year (Sept. 23, 2017-March 20, 2018) and the exponential rise in the value of foreign currencies and gold coin.
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Publish Date:13/August/2018 | 04:39

Indebted CHP Plants Not to Receive Feedstock Gas

EghtesadOnline: Some domestic combined heat and power (CHP) plants owe millions of dollars to the state-owned National Iran ian Gas Company for the natural gas they received in the past few years for use as feedstock, NIGC’s deputy for gas distribution said.
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Publish Date:12/August/2018 | 07:02

Iran Auto Parts Industry Under the Cosh

EghtesadOnline: Few days after the introduction of government's new forex policy, local parts makers have expressed deep concern over the fate of their business.
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Publish Date:12/August/2018 | 06:57

Pastry Exports Exceed 24K Tons

EghtesadOnline: Iran exported 24,935 tons of pastry worth $68 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date:12/August/2018 | 05:43

Sequin Imports at $1.1m

EghtesadOnline: More than 434 tons of sequins worth $1.12 million were imported into Iran during the last Iran ian year (March 2017-18), data released by the Islamic Republic of Iran Customs Administration showed.
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Publish Date:12/August/2018 | 05:42

Iran 's Saffron Exports Grow 25% to $98m in 4 Months

EghtesadOnline: More than 70.8 tons of saffron worth nearly $98.35 million were exported from Iran to 49 countries during the first four months of the current fiscal year (March 21-July 22), registering a 21.6% and 25.1% growth in weight and value respectively compared with the corresponding period of last year.
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Publish Date:12/August/2018 | 05:41

Iran 's Non-Oil Trade With Pakistan Tops $500m

EghtesadOnline: Iran traded 1.02 million tons of non-oil commodities worth $504.48 million with Pakistan during the first four months of the current fiscal year (March 21-July 22).
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Publish Date:12/August/2018 | 05:38

A Survey of Salaries in Iran ’s Employment Market

EghtesadOnline: Salary level has always been a sticking point among job seekers and employers. Many factors play a role in determining salaries at the organizational level of companies. However, it seems that in the Iran ian job market, experience and university degrees play a more significant role on the level of salaries.
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Publish Date:12/August/2018 | 05:33

Cigarette Tax Revenues Rise 59%

EghtesadOnline: The government earned 1.4 trillion rials ($15.21 million) from cigarette tax in the first quarter of the current fiscal year (March 21-June 21).
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Publish Date:12/August/2018 | 05:32

Iran ’s Currency Conundrum Affecting Afghan Economy

EghtesadOnline: Migrant workers squeezed into battered taxis pull into the Four Seasons of Freedom Hotel in western Afghanistan, part of a wave of Afghans forced to leave Iran after a currency implosion wiped out their earnings.
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Publish Date:12/August/2018 | 05:22

Cloud Seeding Unable to Resolve Water Problem

EghtesadOnline: Cloud seeding initiatives, which are primarily aimed at increasing rainfall, cannot help resolve the deepening water crisis of the country.
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Publish Date:11/August/2018 | 11:13

Get Your Car Serviced With a Few Taps

EghtesadOnline: A local startup named PitStop has launched a GPS-based smartphone application, assisting motorists to find nearby automobile repair shops.
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Publish Date:11/August/2018 | 10:55

Industry PPI Inflation Up 22.7% in Q1

EghtesadOnline: The Producer Price Index for the industrial sector in the 12 months ending June 21, 2018, which marks the end of spring, increased by 22.7% compared with the same period of last year, according to the latest data released by the Statistical Center of Iran .
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Publish Date:11/August/2018 | 07:50

Iran 's Non-Oil Trade With India Declines

EghtesadOnline: Iran traded 3.75 million tons of non-oil commodities worth $1.72 billion with India during the first four months of the current fiscal year (March 21-July 22), registering a 9.32% and 4.84% decrease in tonnage and value respectively compared with last year’s corresponding period.
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Publish Date:11/August/2018 | 07:47

7.7% Growth in Frozen Beef Imports

EghtesadOnline: Around 34,357 tons of frozen beef worth close to $147.92 million were imported into Iran during the first four months of the current Iran ian year (March 21-July 22), registering a 2.6% and 7.7% increase in weight and value respectively compared with the similar period of last year.
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Publish Date:11/August/2018 | 07:43

Apple Exports Earn $68m

EghtesadOnline: Iran exported 145,927 tons of apples worth $68.1 million during the first four months of the current Iran ian year (March 21-July 22), latest data released by the Islamic Republic of Iran Customs Administration showed.
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Publish Date:11/August/2018 | 07:41

French Cows Herded Out of Iran by US Sanctions

EghtesadOnline: A project to export cattle to Iran from Normandy in northern France has been halted due to the United States’ renewed sanctions against Tehran, a French Senator said, as Washington’s policy takes its toll on its European allies.
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Publish Date:11/August/2018 | 07:39

Portable Car Washer Imports at $3.7m

EghtesadOnline: About $3.72 million worth of portable car washers were imported into Iran during the last Iran ian year (March 2017-18), data released by the Islamic Republic of Iran Customs Administration on foreign trade showed.
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Publish Date:11/August/2018 | 07:38