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Fars Solar Power Plant Linked to National Grid

EghtesadOnline: A 10-megawatt solar power plant was launched in Kharameh County, Fars Province, on Friday by a domestic firm, marking the southern province's first-ever solar venture.
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Publish Date: 02/September/2018 | 08:02

What to Expect From Tehran Auto Show 2018

EghtesadOnline: While the Iranian automotive sector is facing various headwinds, authorities are moving ahead with plans to hold a new round of Tehran International Auto Show in November, when the annual event is customarily held.
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Publish Date: 02/September/2018 | 07:52

SAIC Motor Operations Take Off in Iran

EghtesadOnline: Despite the reinstatement of US sanctions against Iran's key automotive industry, a joint venture between China's SAIC Motor and Farda Automobile Manufacturing Co (FAM Co) has started operation in Semnan with the inauguration of a production line for the SUV model MG RX5.
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Publish Date: 02/September/2018 | 07:51

Plan to Launch Direct Flights to Tatarstan

EghtesadOnline: Tatarstan and Iran’s ATA Airlines plan to launch direct flights between Tehran and Kazan, which will significantly increase the tourist flow between Iran and Tatarstan, Chairman of the State Committee for Tourism of Tatarstan Sergey Ivanov said.
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Publish Date: 02/September/2018 | 05:12

Iran-Russia Non-Oil Trade Tops $540m

EghtesadOnline: Iran traded 645,158 tons of non-oil commodities worth $546.24 million with Russia during the first four months of the current fiscal year (March 21-July 22).
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Publish Date: 02/September/2018 | 05:11

Mazandaran: Iran’s Biggest Fish Farming Hub

EghtesadOnline: With an annual turnover of more than 6 trillion rials ($60 million), Mazandaran in northern Iran is the country’s most active province in fish farming and accounts for 18% of Iran’s production, the director general of Mazandaran Fisheries Organization said.
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Publish Date: 02/September/2018 | 05:10

Afghans Returning Home From Iran in Hordes

EghtesadOnline: The number of Afghan refugees returning from Iran has doubled recently, as Iranian currency loses its value against the US dollar in an unprecedented manner.
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Publish Date: 02/September/2018 | 05:09

Nakhlak Lead, Zinc Plant Comes Back on Stream

EghtesadOnline: Nakhlak Lead and Zinc Plant officially came back on stream, adding 4,000 tons to Iran’s annual lead concentrate capacity, a deputy industries minister announced during a visit to Nakhlak Mineral Complex on Saturday.
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Publish Date: 02/September/2018 | 05:07

Support for Forex Policies

EghtesadOnline: Majlis Economic Commission welcomed the new foreign exchange policies introduced by the government on August 6 and believes that these policies, along with the appointment of the new Central Bank of Iran governor, have created a new ambiance in the economy.
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Publish Date: 02/September/2018 | 04:15

Jurisprudence Council on the Anvil

EghtesadOnline: The Central Bank of Iran is closer to establishing an Islamic jurisprudence council, as the Guardians Council, the entity in charge of ensuring the compliance of key ratifications and candidates with constitutional precepts and Islamic law, has approved some of the new council’s nominees.
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Publish Date: 02/September/2018 | 04:14

Iran to Expand Transportation Corridors at Full Throttle

EghtesadOnline: The Ministry of Roads and Urban Development plans to negotiate the connection of China-Kazakhstan-Iran Multimodal Corridor to Europe, says deputy minister for transportation affairs, Mehrdad Taqizadeh.
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Publish Date: 02/September/2018 | 04:02

Non-Oil Trade With Hong Kong Grows 29%

EghtesadOnline: Iran traded 32,760 tons of non-oil commodities worth $105.84 million with Hong Kong during the first four months of the current fiscal year (March 21-July 22), registering a 38.45% decrease in tonnage and a 29.18% increase in value compared with last year’s corresponding period, the Islamic Republic of Iran Customs Administration’s data indicate.
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Publish Date: 01/September/2018 | 09:23

IPO to Accelerate ‘Real’ Privatization

EghtesadOnline: Iran Privatization Organization has presented a number of incentives to energize and reward the private sector in taking over state-run enterprises and assets, an advisor to the organization said.
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Publish Date: 01/September/2018 | 09:18

SCI Reports Highest, Lowest Inflation in Provinces

EghtesadOnline: Hamedan’s goods and services Consumer Price Index registered a year-on-year increase of 23.2% during the Iranian month of Mordad (July 23-Aug. 22) compared with the similar month of last year—the highest among all provinces in Iran.
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Publish Date: 01/September/2018 | 04:14

List of Goods Exempt From Forex Surcharge Announced

EghtesadOnline: In a letter to the Central Bank of Iran governor Abdolnasser Hemmati, Minister of Industries, Mining and Trade Mohammad Shariatmadari announced the list of imports exempted from paying the 28,000-rial surcharge.
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Publish Date: 01/September/2018 | 04:13

Change in Student Currency Rules

EghtesadOnline: The Central Bank of Iran said in a statement that hard currency for students at the official rate will be paid only for the first academic half-year of 2018.
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Publish Date: 01/September/2018 | 04:05

19,000 Households to Join National Gas Grid

EghtesadOnline: Projects to connect 10 towns and 1,900 villages across the country to the national gas have been completed and new subscribers will join the grid this week, the National Iranian Gas Company's director for gas distribution said.
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Publish Date: 29/August/2018 | 10:05

China Biggest Exporter of Bicycle Frames to Iran

EghtesadOnline: A total of 1,735 tons of bicycle frames worth over $3.6 million were imported into Iran from three countries during the first four months of the current Iranian year (March 21-July 22), according to the latest data released by the Islamic Republic of Iran Customs Administration.
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Publish Date: 29/August/2018 | 05:09