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Frost Inflicts Losses Worth $100m on Tehran Agriculture

EghtesadOnline: Frost has inflicted losses amounting to 11 trillion rials ($107 million) on Tehran Province’s agriculture sector during the first eight months of the current Iranian year (March 21-Nov. 21).
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Publish Date: 18/December/2018 | 10:05

Basra Hosts Iranian Business Delegation

EghtesadOnline: A joint meeting for surveying commercial opportunities between Iran and Basra was held in the southern Iraqi province on Sunday and Monday in the presence of Iranian Ambassador to Iraq Iraj Masjedi and Basra’s Governor General Asaad Al Eidani.
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Publish Date: 18/December/2018 | 10:03

SPV Delay to Inflict Bigger Economic Cost

EghtesadOnline: The Special Purpose Vehicle, a dedicated non-dollar payment channel created by Europe to keep trade flowing with Iran in defiance of US sanctions, is likely to be launched soon.
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Publish Date: 16/December/2018 | 13:09

Iran's Imam Khomeini Port Sees 3% in Non-Oil Goods Throughput

EghtesadOnline: Close to 17.41 million tons of non-oil commodities were loaded and unloaded at Imam Khomeini Port in the southern Khuzestan Province during the first eight months of the current Iranian year (March 21-Nov. 21) to register a 3% increase compared with last year's corresponding period.
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Publish Date: 15/December/2018 | 11:08

Iran Commerce Chamber Urges Speedy Implementation of SPV

EghtesadOnline: Iran-Finland relations vis-a-vis US sanctions regime, cooperation between the Iranian and European small- and medium-sized enterprises, the Joint Comprehensive Plan of Action and a planned special purpose vehicle (SPV) were the main topics discussed by a European delegation in Tehran.
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Publish Date: 15/December/2018 | 10:58

Home Construction Loans for Rundown Urban Areas

EghtesadOnline: Major Iranian home builders operating in rundown urban districts can now receive up to 1.1 billion rials ($10,000) in loans from the state-run Bank Maskan, also known as the Housing Bank, as per the government’s new policy to shift the focus of major builders to distressed urban areas and informal settlements.
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Publish Date: 15/December/2018 | 10:51

ICCIMA Hosts 1st Iran-Lebanon Committee Meeting

EghtesadOnline: The First Iran-Lebanon Committee Meeting was held at Iran Chamber of Commerce, Industries, Mines and Agriculture in Tehran on Sunday.
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Publish Date: 12/December/2018 | 10:11

Iran's Non-Oil Trade With LatAm States Tops $500 Million

EghtesadOnline: Iran traded 800,221 tons of non-oil commodities worth $533.78 million with Latin American countries during the first seven months of the current fiscal year (March 21-Oct. 22) to register a 37.29% rise in tonnage and a 2.05% fall in value compared with last year’s corresponding period.
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Publish Date: 11/December/2018 | 11:27

Exports From West Azarbaijan Province Rise 86%

EghtesadOnline: Around $645 million worth of commodities have been exported from West Azarbaijan Province since the beginning of the current Iranian year on March 21 to register an 86% surge compared with the similar period of last year.
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Publish Date: 11/December/2018 | 11:19

Iranian Auto Inspection Center Reveals Startling Data

EghtesadOnline: Since the Air Pollution Reduction (APR) scheme was launched in the capital late last month, an estimated 300,000 vehicles have approached the special car technical inspection centers. What is causing anxiety is that over two-third of this number had never been checked before!
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Publish Date: 11/December/2018 | 11:15

Iran Roads Get Poor Marks From WHO

EghtesadOnline: A new report by the World Health Organization (WHO) on the number of road traffic mortalities in 2016 ranks Iran as the 38th country with the world's most deadly roads.
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Publish Date: 11/December/2018 | 11:10

Iran's PPI-CPI Inflation Gap Widening

EghtesadOnline: Inflation data provided by the Central Bank of Iran indicate a marked gap between Consumer Price Index and Producer Price Index trends.
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Publish Date: 10/December/2018 | 10:35

Iran Private Sector Takes Initiative to Fight Corruption

EghtesadOnline: Business leaders and private stakeholders on Sunday convened at the fourth anti-corruption conference as part of their effort to promote transparency and their long-time desire for a level playing field.
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Publish Date: 10/December/2018 | 10:34

Iran Becomes ICH Observer Member

EghtesadOnline: The International Conference on Harmonization of Technical Requirements for Registration of Pharmaceuticals for Human Use (ICH) admitted Iran as an observer member in its November assembly.
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Publish Date: 10/December/2018 | 10:19

Iranian Tire Companies Eligible for Subsidized Natural Rubber Import

EghtesadOnline: After the government elevated the status of tire companies' raw material imports to 'high priority', the Islamic Republic of Iran Customs Administration released a statement saying that the firms will be eligible for subsidized foreign currencies at the rate of 42,000 rials to the USD.
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Publish Date: 09/December/2018 | 24:10

Iran's Best Performing Insurance Companies Named

EghtesadOnline: The Central Insurance Company of Iran released data about the solvency of 29 insurance companies for the current fiscal (ends in March 2019), according to which 20 firms have solvency level 1, which means they were capable of meeting their commitments to policy-holders.
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Publish Date: 09/December/2018 | 24:06