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First Phase of Aras River Project Ready

EghtesadOnline: The first phase of a plan to transfer water from Aras River in northwest to Tabriz in East Azarbaijan Province is to be inaugurated by President Hassan Rouhani, the provincial governor general said.
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Publish Date: 29/May/2019 | 10:20

Aluminum Output Declines

EghtesadOnline: The output of Iran's major aluminum producers stood at an aggregate of 20,415 tons during the first Iranian month (March 21-April 20), which indicates a 33% decrease compared to last year's same month, the Iranian Mines and Mining Industries Development and Renovation Organization reported.
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Publish Date: 29/May/2019 | 10:19

30% Growth in Iran's Non-Oil Trade With ECO States

EghtesadOnline: Iran traded 1.36 million tons of non-oil commodities worth $779.38 million with member states of Economic Cooperation Organization, namely Turkey, Afghanistan, Pakistan, Azerbaijan, Turkmenistan, Kazakhstan, Uzbekistan, Tajikistan and Kyrgyzstan, in the first Iranian month (March 21-April 20).
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Publish Date: 29/May/2019 | 10:09

Sixth Mobile Vehicle Inspection Unit for Tehran

EghtesadOnline: A new mobile vehicle inspection unit has been launched in west Tehran, increasing the number of mobile inspection centers to six, Tehran Vehicle Technical Inspection Bureau announced.
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Publish Date: 28/May/2019 | 11:17

Clunkers Prohibited From Plying in Major Cities

EghtesadOnline: Clunkers that have outlived their usefulness, but are still operating as private, public or commercial vehicles have been banned from plying in major Iranian cities.
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Publish Date: 28/May/2019 | 11:16

Safe Water for 800+ Towns in Gilan

EghtesadOnline: An estimated 151,000 households in 818 small towns and villages on the outskirts of urban and rural areas in northern Gilan Province have been supplied with piped water since 2001, managing director of the provincial Water and Wastewater Company said.
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Publish Date: 28/May/2019 | 11:14

Interbank Lending in Iran Rises 67%

EghtesadOnline: The aggregate value of interbank market transactions reached 107,149 trillion rials ($792 billion) in the last fiscal that ended in March to register a solid 67% growth compared to a year ago.
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Publish Date: 28/May/2019 | 11:13

Banking Handicap Undermines Trade With South Korea

EghtesadOnline: Despite the South Korean government’s interest in maintaining normal trade ties with Iran, banks in that country refuse to process Iranian transactions, the general secretary of Iran-Korea Chamber of Commerce said Monday.
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Publish Date: 28/May/2019 | 11:09

Iran Bans Cat, Dog Food Imports

EghtesadOnline: The Ministry of Industries, Mining and Trade has banned the import of cat and dog food.
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Publish Date: 26/May/2019 | 10:36

Iran's Non-Oil Trade With Zimbabwe at $6.6 Million

EghtesadOnline: Iran traded 1,188 tons of non-oil commodities worth $6.65 million with Zimbabwe in the last fiscal year that ended March 20, 2019, to register a 41.53% and 1.97% decline in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 26/May/2019 | 10:35

Intercity Bus Fleet in Dire Need of Renovation

EghtesadOnline: The recent economic headwinds facing the country have put an end to a state-backed scheme to renovate Iran's intercity bus fleet, the head of Iran's Intercity Transportation Union says.
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Publish Date: 26/May/2019 | 10:28

Norouz Road Fatalities Decline

EghtesadOnline: The number of deaths in road accidents during Norouz, the Iranian New Year holiday season (March 21-April 2), fortunately dropped compared with the same period of last year.
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Publish Date: 26/May/2019 | 10:22

Iran's Non-Oil Trade With Mexico Declines

EghtesadOnline: Iran traded 3,158 tons of non-oil commodities worth $5.86 million with Mexico in the last fiscal year that ended on March 20, 2019, registering a 97.97% and 83.84% decline in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 25/May/2019 | 08:33

Senior MP Supports Regulated Forex Market

EghtesadOnline: The regulated foreign exchange market can and should help in stabilizing foreign exchange rates and in the process eliminate rent-seeking and corruption because trade will be conducted in an open and transparent environment.
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Publish Date: 22/May/2019 | 10:19

Iran Registers $255m in Non-Oil Trade Surplus With Neighbors

EghtesadOnline: Iran traded 3.66 million tons of non-oil commodities worth $1.84 billion with its 15 neighboring countries in the first month of the current fiscal year (March 21-April 20) to register a 12.75% and 13.63% decline in tonnage and value respectively compared with the same period of last year.
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Publish Date: 21/May/2019 | 10:51

Vintage Cars Displayed at Milad Tower

EghtesadOnline: Owners of BMW and Volkswagen vehicles got together in an exhibition held on Friday at Tehran's iconic Milad Tower.
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Publish Date: 21/May/2019 | 10:44

Decline in Iran's Trade With Mongolia

EghtesadOnline: Iran traded 2,523 tons of non-oil commodities worth $11.44 million with Mongolia in the last fiscal year (ended March 20, 2019), registering a 18.14% and 23.16% decline in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 21/May/2019 | 10:37