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Iran Fara Bourse Reports 100% Returns

EghtesadOnline: Data from Iran Fara Bourse, the country's junior stock exchange, indicates that its main index, IFX, posted a 100% returns on investment in the last fiscal that ended on March 20.
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Publish Date: 08/April/2019 | 15:08

Workers' Pay Raise Determined for New Iranian Year

EghtesadOnline: As per the Supreme Labor Council's decision about rise in wages for the new Iranian year that began on March 21, minimum wage workers, those who received 11.11 million rials (about $82) last year (March 2018-19), will be paid 36.5% more in the new Iranian year, i.e. 15.16 million rials ($112) a month.
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Publish Date: 08/April/2019 | 15:00

Bread, Fruits, Vegetables Top List of Public Complaints

EghtesadOnline: A total of 19,980 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iran's 31 provinces during the 11 months to Feb. 19, 85% of which pertained to products and the rest to services.
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Publish Date: 19/March/2019 | 24:21

Energy Exchange Performance Defensible

EghtesadOnline: In delineating the performance of Iran Energy Exchange in the current fiscal that ends on March 20, managing director of IRENEX says the value of trade on the market has grown 100% in the current fiscal (ends March 20).
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Publish Date: 19/March/2019 | 24:12

Sistan-Baluchestan Boosts Exports to Afghanistan, Pakistan

EghtesadOnline: A total of $800 million worth of commodities were exported from Iran's southern Sistan-Baluchestan Province to neighboring countries, Afghanistan and Pakistan, during the 11 months to Feb. 19.
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Publish Date: 18/March/2019 | 15:05

70% Rise in Iran's Non-Oil Exports to Sri Lanka

EghtesadOnline: Iran traded 150,893 tons of non-oil commodities worth $108.53 million with Sri Lanka during the 10 months to Jan. 20 to register a 52.84% increase in tonnage and a 4.35% decrease in value compared with last year's corresponding period, data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 18/March/2019 | 14:59
A 40% tax is levied on palm oil imports to Iran—more than any other vegetable oil

Iran Palm Oil Imports See 23% Decline - Report

EghtesadOnline: Malaysia exported 566.618 tons of palm oil products worth more than $380.58 million to Iran in 2018, which shows a 6.8% and 23.6% decline in weight and value respectively compared with the previous year.
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Publish Date: 18/March/2019 | 14:47

Bourse Council Appoints New Member

EghtesadOnline: Shahin Cheraghi was appointed as a new member of the High Council of Securities and Exchange. The appointment was proposed by the Economy Ministry and approved by the government.
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Publish Date: 17/March/2019 | 14:30

Tehran Accounts for Half of Forex Allocation for Imports

EghtesadOnline: Tehran Province accounted for almost half of the foreign exchange allocated for imported goods in the current fiscal, head of the Industry, Mine and Trade Organization of Tehran Province said.
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Publish Date: 17/March/2019 | 14:26

Bushehr-Kish Flights Launched

EghtesadOnline: Bushehr International Airport has launched new flights between the city of Bushehr, the capital of Bushehr Province, and Kish Island, both in southern Iran since March 13.
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Publish Date: 17/March/2019 | 14:14

18% Growth in Iran's Exports to Malaysia

EghtesadOnline: Iran traded 881,700 tons of non-oil commodities worth $578.01 million with Malaysia during the 10 months to Jan. 20, registering a 0.77% increase in tonnage and a 2.76% decrease in value compared with last year's corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 17/March/2019 | 14:13

Tehran Stock Exchange Weekly Trade Up 56%

EghtesadOnline: The Tehran Stock Exchange registered a stellar performance during the week to March 13, with the benchmark index TEDPIX increasing 6,289 points compared to the previous week.
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Publish Date: 16/March/2019 | 24:53

Gas Pipeline Explosion Kills Five in Khuzestan

EghtesadOnline: Five people were killed and six injured on Thursday in a gas pipeline explosion in southwestern Khuzestan Province, Ahvaz governor said.
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Publish Date: 16/March/2019 | 24:47

Iran: $46b Allocated for Imports in Outgoing Fiscal

EghtesadOnline: The acting head of Trade Promotion Organization of Iran says $46 billion in foreign currency has been allocated for imports in the current fiscal. Of this $24 billion was allocated by banks and $10.5 via Nima (integrated forex rate system).
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Publish Date: 16/March/2019 | 24:46

New IPOs on Iran Fara Bourse

EghtesadOnline: In the trading week that starts Saturday, Iran Fara Bourse stock exchange will host four initial public offerings marking the last trading week of the current fiscal year that ends on March 20.
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Publish Date: 16/March/2019 | 24:25

45% Rise in Non-Oil Exports From Bushehr

EghtesadOnline: A total of 18.44 million tons of non-oil commodities worth over $10.16 billion were exported from the southern Bushehr Province during the 11 months to Feb. 19, 2019, showing a 1% and 45% rise in weight and value respectively compared with the similar period of last year.
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Publish Date: 13/March/2019 | 14:49

Regional Economic Coop. Advances to New Level

EghtesadOnline: The interim agreement on the formation of a free trade zone between Eurasian Economic Union and Iran has taken Tehran to a new level of regional economic cooperation and links Iran's economy with other states, a senior Iranian energy official says.
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Publish Date: 13/March/2019 | 14:31