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Iran Auto Market Sees Price Spikes Again

EghtesadOnline: US pressure on Iran’s key auto industry coupled with domestic faulty policies have pushed up car prices once again, only a few days after the introduction of the government’s new forex policy which saw the market take a break from its months-long bullish run.
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Publish Date: 18/August/2018 | 10:47

Afflictions of Higher Education: Degreeism, Poor Supervision

EghtesadOnline: Less than a decade ago, education, especially in prestigious universities, was considered a powerful cultural asset, but now the phenomenon of non-conformity of education with what a person does to earn a living is a serious issue facing Iran.
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Publish Date: 18/August/2018 | 09:09

Over €81m Worth of Airport Equipment Purchased Post JCPOA

EghtesadOnline: Iran Airports & Air Navigation Company, an arm of the Ministry of Roads and Urban Development, has purchased €81.38 million worth of airport equipment since the nuclear deal was signed between Iran and world powers in 2015, the ministry’s news service reported.
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Publish Date: 18/August/2018 | 09:08

Potato Seeds Imported From 5 Countries

EghtesadOnline: More than 875 tons of potato seeds worth $1.63 million were imported into Iran from five countries during the last Iranian year (March 2017-18), data released by the Islamic Republic of Iran Customs Administration indicate.
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Publish Date: 18/August/2018 | 09:07

Iran Date Exports Grow 27.7% to $102m in 4 Months

EghtesadOnline: Close to 89,220 tons of different kinds of dates worth more than $102 million were exported from Iran to 69 countries during the first four months of the current Iranian year (March 21-July 22).
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Publish Date: 18/August/2018 | 09:07

Decline in Non-Oil Trade With Taiwan

EghtesadOnline: Iran traded 455,922 tons of non-oil commodities worth $326.43 million with Taiwan during the first four months of the current fiscal year (March 21-July 22), registering a 19.31% and 7.57% decline in tonnage and value respectively compared with last year’s corresponding period, the Islamic Republic of Iran Customs Administration’s latest data show.
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Publish Date: 18/August/2018 | 09:06

Persian Melon Exports Earn $34 Million

EghtesadOnline: Iran exported 88,940 tons of Persian melons worth $34.43 million during the first four months of the current fiscal year (March 21-July 22), the Islamic Republic of Iran Customs Administration’s latest data show.
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Publish Date: 18/August/2018 | 09:05

Iran Agrifood Exports Rise 25% to Earn $2 Billion in Four Months

EghtesadOnline: More than 2.4 million tons of agricultural and food products worth $2.08 billion were exported from Iran during the first four months of the current Iranian year (March 21-July 22), to register a 25.2% growth in value compared with last year's corresponding period.
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Publish Date: 18/August/2018 | 09:03

Livestock Zoonotic Infections Down 38 Percent

EghtesadOnline: Cases of livestock infections causing zoonotic diseases such as rabies, brucellosis, anthrax, foot and mouth disease and lumpy skin disease fell by 38% during the first four months of the current Iranian year (March 21-July 22), compared with the similar period of last year, the head of Iran Veterinary Organization said.
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Publish Date: 18/August/2018 | 09:02

Bottled Water Industry Faces Capital, Packaging Shortages

EghtesadOnline: Stagnation afflicts bottled and mineral water industry due to problems of procuring packaging material and 30% to 40% of the country’s related businesses are on the brink of closing down, the secretary of Mineral and Potable Water Producers Association said.
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Publish Date: 18/August/2018 | 08:57

Iran's Non-Oil Trade Volume With Italy Up 40%

EghtesadOnline: Iran traded 371,876 tons of non-oil commodities worth $508.04 million with Italy during the first four months of the current fiscal year (March 21-July 22), registering a 40.12% growth in tonnage and a 3.71% decrease in value compared with last year’s corresponding period, the Islamic Republic of Iran Customs Administration’s latest data show.
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Publish Date: 18/August/2018 | 08:56

Iran Aluminum Output Rises 11%

EghtesadOnline: Iran’s major aluminum companies produced an aggregate of 121,909 tons of aluminum products during the first four months of the current fiscal year (March 21-July 22), which indicate an 11% increase compared with the corresponding period of last year, Iranian Mines and Mining Industries Development and Renovation Organization reported.
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Publish Date: 18/August/2018 | 04:39

Equity-Based Sukuk Return to Iran Capital Market

EghtesadOnline: The government is set to clear part of its debt to Social Security Organization by issuing 12 trillion rials ($150 million) of equity-based Ijarah sukuk on the capital market.
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Publish Date: 18/August/2018 | 04:36

New Forex Initiative Manages to Fix Past policies

EghtesadOnline: The new forex initiative has only managed to fix major policy mistakes of the past two quarters, which is not enough to control profiteering in the foreign exchange market.
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Publish Date: 18/August/2018 | 04:35

Gold Jewelry to Get VAT Exemption

EghtesadOnline: A bill is under review by parliamentary committees to boost the gold jewelry sector by exempting domestic producers from a 9% value-added tax on sales, the head of Gold and Jewelry Union said.
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Publish Date: 18/August/2018 | 04:33

Shaparak Transactions Show Strong Growth

EghtesadOnline: About 1.77 billion transactions worth 2.03 quadrillion rials ($48.33 billion) were transacted by Shaparak, Iran’s payment settlements network, during the fourth month of the current fiscal year that ended on July 22.
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Publish Date: 18/August/2018 | 04:32

Plan to Name and Shame Major Loan Defaulters

EghtesadOnline: A counter-corruption parliamentary commission has submitted its findings on 31 of the largest bank loan defaulters to the judiciary, as the crackdown on corruption intensifies, the head of the commission said.
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Publish Date: 18/August/2018 | 04:29