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Handicrafts Exports Exceed $530 Million

EghtesadOnline: Iran earned $281 million from the export of handicrafts through the country’s official customs terminals and $250 million through suitcase trade during the last fiscal year (ended March 20, 2018).
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Publish Date:27/August/2018 | 04:31

Mongolia Meat Exporters Turn to Iran 's Halal Market

EghtesadOnline: Amid surging demand and limited local production in Iran for halal meat and as Mongolia pushes to make more money from the huge herds of livestock that roam its vast grasslands, the latter country is tapping overseas appetite for halal mutton from the former.
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Publish Date:27/August/2018 | 04:30

Guilds Chief Appointed Member of Budgeting Committee

EghtesadOnline: Head of Iran Chamber of Guilds Ali Fazeli has been appointed as a new member of the Budgeting Committee by the head of Plan and Budget Organization, Mohammad Baqer Nobakht.
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Publish Date:27/August/2018 | 04:29

Iran Home Loans Surge by 52.8%

EghtesadOnline: Bank Maskan, the sole specialized bank in the housing sector, has recorded an annual increase of 52.8% in the volume of loans it has paid to finance related deals.
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Publish Date:27/August/2018 | 04:18

Banks Lagging Behind AGM Schedule

EghtesadOnline: More than a month has passed since the July 22 deadline set for Iran ’s banks and credit institutions to finalize their financial statements and hold their annual general meetings, but only a handful have managed this feat.
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Publish Date:27/August/2018 | 04:15

Sesame Oil, Products Imported From 6 Countries

EghtesadOnline: More than 1.38 million tons of sesame oil and products worth $3.2 million were imported into Iran from six countries during the last Iran ian year (March 2017-18), figures released by the Islamic Republic of Iran Customs Administration indicate.
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Publish Date:26/August/2018 | 13:03

Surcharge on Forex Rate Difference “Illegal”

EghtesadOnline: The retrospective application of Clause Five of the government’s new foreign currency on imports is against the law, the chairman of the parliamentary faction focused on fighting corruption and economic transparency said.
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Publish Date:26/August/2018 | 13:01

Uptrend in Non-Oil Trade With Azerbaijan

EghtesadOnline: Iran traded 198,655 tons of non-oil commodities worth $116.44 million with Azerbaijan during the first four months of the current fiscal year (March 21-July 22).
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Publish Date:26/August/2018 | 13:00

Wheat Flour Exports Earn $20 Million

EghtesadOnline: Iran exported 81,638 tons of wheat flour worth $20.49 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:26/August/2018 | 24:59

New Online System to Monitor Warehouses Countrywide

EghtesadOnline: All warehouses in Iran are required to register in the so-called “All-Inclusive Warehouses Website” by Aug. 23, otherwise their stored commodities will be considered hoarding and those responsible would be subject to prosecution, the director general of the Ministry of Industries, Mining and Trade’s Commercial Services Bureau said.
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Publish Date:26/August/2018 | 24:58

Steel Exports Up, Imports Down

EghtesadOnline: A total of 3.38 million tons of finished and semi-finished steel products were exported from Iran during the first four months of the current fiscal year (March 21-July 22) to register a 32.64% year-on-year growth, the Iran ian Steel Producers Association announced.
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Publish Date:26/August/2018 | 24:56

Non-Oil Trade With Turkmenistan Tops 190K Tons

EghtesadOnline: Iran traded 194,214 tons of non-oil commodities worth $113.77 million with Turkmenistan during the first four months of the current fiscal year (March 21-July 22).
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Publish Date:26/August/2018 | 24:55

Sanctions Clouding S. Korean Cigarette Sales in Iran

EghtesadOnline: South Korea’s leading tobacco seller KT&G is watching the Iran market where sales of its brands were slowing down this year after US reimposed sanctions against the Middle East nation, officials said on Thursday.
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Publish Date:26/August/2018 | 24:54

Kiwi Exports Earn $15m in 4 Months

EghtesadOnline: Iran exported 28,428 tons of kiwis worth $15.75 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:26/August/2018 | 24:53

Soybean Imports Grow 45 Percent

EghtesadOnline: Close to 999,000 tons of soybeans worth more than $492 million were imported into Iran during the first four months of the current Iran ian year (March 21-July 22).
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Publish Date:26/August/2018 | 24:52

SCI: Inflation at 9.7%

EghtesadOnline: The goods and services Consumer Price Index in the 12-month period ending Aug. 22, which marks the end of the Iran ian month of Mordad, increased by 9.7% compared with last year’s corresponding period, the Statistical Center of Iran reported.
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Publish Date:26/August/2018 | 24:51

EPI Rises 130.6% YOY, 24.6% MOM

EghtesadOnline: The export price index stood at 552.2 for the fourth month of the current fiscal year (June 22-July 22), registering a 24.6% increase compared with the preceding month and a 130.6% rise compared with last year’s corresponding month, the Central Bank of Iran ’s latest data show.
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Publish Date:26/August/2018 | 24:49

Iran , Crimea Mull Trading Using Russian River System

EghtesadOnline: US-sanctioned Iran is interested in doing business with Russia’s Crimea, according to authorities from the Russian region that is also facing sanctions from Washington and Brussels.
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Publish Date:26/August/2018 | 24:48