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Exports Through Zahedan-Quetta Railroad Rise 52 Percent

EghtesadOnline: More than 18,285 tons of commodities were exported from Iran to Pakistan via Zahedan-Quetta Railroad connecting the two countries during the first five months of the current Iranian year (March 21-Aug. 22), which shows a 52% growth compared with the corresponding period of last year.
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Publish Date: 15/September/2018 | 11:41

Iran's Trade With South Korea Down 34%

EghtesadOnline: Iran traded 2.04 million tons of non-oil commodities worth $2.08 billion with South Korea during the first five months of the current fiscal year (March 21-Aug. 22), registering a 54.97% and 34.29% decline in tonnage and value respectively 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: 15/September/2018 | 11:02

Ban on Packaging Paper, Tissue Exports Lifted

EghtesadOnline: The ban imposed on exports of packaging paper and tissue has been lifted. This was notified by director general of exports affairs with the Islamic Republic of Iran Customs Administration, Ali Akbar Shamani, in a directive to customs offices across the country on Tuesday.
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Publish Date: 15/September/2018 | 10:59

Iran’s Consumer Market Valued at $177b Last Year

EghtesadOnline: Iran's consumer market was worth 7,180 trillion rials ($177.4 billion) in the fiscal 2017-18, according to a report by Tehran Chamber of Commerce, Industries, Mines and Agriculture using figures released by the Statistical Center of Iran.
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Publish Date: 15/September/2018 | 10:57

Iran’s Aluminum Consumption Growth Twice Global Rate

EghtesdadOnline: The global average aluminum consumption growth stands at 6% per year while the rate is 12% in Iran, according to Chairman of Iranian Mines and Mining Industries Development and Renovation Organization Mehdi Karbasian.
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Publish Date: 15/September/2018 | 05:37

$1b for Production, Employment

EghtesadOnline: A member of Majlis Plan and Budget Commission said the Leader Ayatollah Seyyed Ali Khamenei has consented to the allocation of $1 billion from the National Development Fund of Iran for boosting production and employment.
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Publish Date: 15/September/2018 | 05:33

Iranian Lawmaker Calls for FATF Guarantees

EghtesadOnline: A senior lawmaker has voiced support for three of four legal measures required from Iran to be in good standing with the Financial Action Task Force, but said a guarantee is needed from the global watchdog that Iran will be able to reap the expected benefits when it fulfills its commitments.
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Publish Date: 15/September/2018 | 05:32

Bank Loans Rise 3.3% in Value

EghtesadOnline: Bank lending increased 3.3% in volume during the four months to July 22, the latest figures showed.
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Publish Date: 15/September/2018 | 05:28

Iran, Russia Eye Reconstruction at Syria Expo

EghtesadOnline: Companies from dozens of countries are showing their wares at the Damascus International Fair this week, but those from two in particular are getting special treatment—Russia and Iran.
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Publish Date: 15/September/2018 | 05:27

EC Member: AML Bill Not Rejected

EghtesadOnline: A senior member of Expediency Council, a body that settles disputes between the Majlis and the vetting body Guardians Council, said EC members have not rejected the government bill to amend the country's Anti-Money Laundering Law.
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Publish Date: 15/September/2018 | 05:26

Iran's Trade With Afghanistan Tops $1 Billion

EghtesadOnline: Iran traded 2.79 million tons of non-oil commodities worth $1.43 billion with Afghanistan during the first five months of the current fiscal year (March 21-Aug. 22), registering a 15.46% and 31.75% growth in tonnage and value respectively compared with last year’s corresponding period, the latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 12/September/2018 | 08:18

TCCIM Chief Slams Holdups at Iranian Ports of Entry

EghtesadOnline: President of Tehran Chamber of Commerce, Industries, Mines and Agriculture Masoud Khansari said as many as 139,000 containers holding 7 million tons of goods have piled up at Iranian ports of entry.
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Publish Date: 12/September/2018 | 08:18

$33m Allocated to Complete Highway Project

EghtesadOnline: The Plan and Budget Organization of Iran has agreed to allocate 4 trillion rials (close to $33 million) for completing the 8.5 kilometers left of Qazvin-Rasht Highway Project, a deputy minister of roads and urban development said.
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Publish Date: 12/September/2018 | 08:16

Cigarette Tax Revenues Witness 42% Growth

EghtesadOnline: The government earned 2.5 trillion rials ($20.66 million) from cigarette tax in the first four months of the current fiscal year (March 21-July 22).
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Publish Date: 12/September/2018 | 08:14

Kiwi Exports Banned Until Oct. 23

EghtesadOnline: The ban on kiwi export until October 23 has been notified to all provincial agricultural jihad organizations across the country by the director general of Agriculture Ministry’s Quarantine Affairs Bureau on September 4.
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Publish Date: 12/September/2018 | 06:11

Iranian Banks Urged to Help Control Liquidity

EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati late Monday met with chief executives of banks and credit institutions to evaluate the country’s monetary and banking developments and discuss the reformative role of banks in creating market stability.
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Publish Date: 12/September/2018 | 06:08

Tehran Stocks' Official Welcomes Economy Ministry, Central Bank Revamping

EghtesadOnline: The restructuring and changes in the management of the Ministry of Economic Affairs and Finance and the Central Bank of Iran have provided the opportunity to expand the capital market, vice chairman of the board of directors of Tehran Stock Exchange, Mahmoud Reza Khajehnassiri, said.
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Publish Date: 12/September/2018 | 06:06