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Iran Home Video Sales Down 50%

EghtesadOnline: Home video sales of Soureh Pictures–a major producer and distributor of Iranian feature and short films in Iran–are down 50%, thanks to a rise in the prices of DVDs, the head of the company said.
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Publish Date: 30/September/2018 | 05:52

Road Accidents Blamed on Dwindling Budget

EghtesadOnline: One of the reasons behind road accidents in Iran is the declining budget of the Islamic Republic of Iran Road Maintenance and Transportation Organization–the executive arm of the Ministry of Roads and Urban Development, the spokesperson of Majlis Development Commission, Sodeif Badri, said.
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Publish Date: 30/September/2018 | 05:47

MoU to Help Connect Iran Railroad to Turkey

EghtesadOnline: A memorandum of understanding for carrying out feasibility studies on the construction of Jolfa-Poldasht-Cheshmeh Sorayya rail route stretching from East to West Azarbaijan provinces has been signed.
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Publish Date: 30/September/2018 | 05:46

Surge in Tehran Home Prices Continues While Deals Fall: H1 2018

EghtesadOnline: Home prices in Tehran soared while the number of property deals significantly declined during the sixth month of the current Iranian year that ended on Aug. 22, the Central Bank of Iran announced.
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Publish Date: 30/September/2018 | 05:45

Iran Capex Disbursements Increase by 450%

EghtesadOnline: The Iranian government has spent 255 trillion rials ($1.73 billion) in capital expenditure during the first five months of the current Iranian year (started March 21), which is 450% more compared with the same period of last year, Iran's Plan and Budget Organization said.
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Publish Date: 29/September/2018 | 14:03

Iran: Qazvin-Rasht Railroad to Come on Stream by March 2019

EghtesadOnline: Track laying of Qazvin-Rasht Railroad will be completed within a month and the rail route will be ready to come on stream by the end of the current Iranian fiscal year on March 20, 2019.
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Publish Date: 29/September/2018 | 14:02

Iran Applying TOD Principles - Interview

EghtesadOnline: The Fourth Transit-Oriented Development Conference is scheduled to take place in Tehran on Jan. 16, 2019.
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Publish Date: 29/September/2018 | 13:59

French Agro Team to Visit Iran This Week

EghtesadOnline: A French delegation from Association Nationale des Industries Alimentaires (French for the National Association of Food Industries) and Union Française des Semenciers (French Union of Seeds) is scheduled to visit Iran this week, the deputy agriculture minister for agronomy affairs said.
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Publish Date: 29/September/2018 | 13:53

Iran Customs Officials Expediting Import Clearance Procedures

EghtesadOnline: The Islamic Republic of Iran Customs Administration now allows local producers to clear up to 70% of their imports of raw materials and industrial machinery before going through customs procedures.
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Publish Date: 29/September/2018 | 13:52

Iran’s Exports to Iraq See 31% Growth in H1

EghtesadOnline: Iran’s exports to Iraq stood at more than $4.16 billion during the first half of the current Iranian year (March 21-Sep 22), registering a 31% rise compared with the similar period of last year, according to the Iranian chairman of Ian-Iraq Joint Chamber of Commerce.
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Publish Date: 29/September/2018 | 06:02

FX Rates Cross New Threshold in Tehran Market

EghtesadOnline: The currency market was hit with a new bout of volatility on Wednesday with the US dollar crossing another threshold on the open market. According to the Tehran Gold and Jewelry Union website, the dollar was trading at around 183,470 rials late afternoon, from around 168,000 rials the day before.
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Publish Date: 29/September/2018 | 06:00

Shrimp Exports From Chabahar Top 1,600 Tons

EghtesadOnline: More than 1,600 tons of shrimps have been produced in 45 farms in the southeastern Sistan-Baluchestan Province’s port city of Chabahar since the beginning of the current Iranian year on March 21, of which around 501 tons have been exported.
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Publish Date: 29/September/2018 | 05:57

Gov't Expands Tehran Urban Revitalization Program

EghtesadOnline: Top officials of the Ministry of Roads and Urban Development and Tehran Municipality convened on Tuesday and approved measures for expansion of a revitalization program to areas surrounding the capital.
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Publish Date: 29/September/2018 | 05:49

Iran: Foreign Currency Accounts Exceed $10m

EghtesadOnline: The value of foreign currency accounts in local banks has exceeded $10 million, following increasing public interest in such accounts, the Central Bank of Iran reported on Thursday.
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Publish Date: 29/September/2018 | 05:45

Iran: Housing Loans Rise 35% (Mar-Aug 2018)

EghtesadOnline: The total volume of loans allocated to Iran's housing and construction sector by banks and credit institutions during the first five months of the current fiscal year that ended on Aug. 22 jumped by 35%, according to data newly released by the Central Bank of Iran.
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Publish Date: 29/September/2018 | 05:44

Iran Gov't Offers Tax Exemption for Import of Essential Goods

EghtesadOnline: Iranian Ministry of Industries, Mining and Trade has released a list of essential goods that are not subject to the 4% upfront payment of import duties, given the current economic situation of the country and in order to avoid price rises.
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Publish Date: 26/September/2018 | 06:55

Int'l Plast Expo 2018 Opens in Tehran

EghtesadOnline: The 12th International Iran Plast Exhibition opened at Tehran's International Fairground on Monday.
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Publish Date: 26/September/2018 | 06:53