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Bigger Role Likely for Startups in Iran Insurance Industry

EghtesadOnline: As per an agreement between the Vice Presidential Office for Science and Technology and the Central Insurance company of Iran (CII), assistance of startups and knowledge-based firms are to be enlisted to revitalize the gradually expanding insurance industry.
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Publish Date: 12/November/2018 | 10:46

Main Destination for Cement Exports via Railroads

EghtesadOnline: About 227,000 tons of cement were exported to Uzbekistan through Sarakhs Border Terminal in Khorasan Razavi Province during the seven months to Oct. 22.
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Publish Date: 11/November/2018 | 10:30

Iran Rail Exports via Incheh Borun Border Jump 81%

EghtesadOnline: Some 21,500 tons of non-oil commodities have been exported via rail through Incheh Borun border terminal located in the northeastern Golestan Province since the beginning of the current Iranian year on March 21, registering an 81% hike compared with the similar period of last year, a local rail official said last week.
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Publish Date: 11/November/2018 | 10:26

Over 5,000 Tons of Substandard Imports Blocked in H1

EghtesadOnline: The Institute of Standards and Industrial Research of Iran has prevented the import of 5,058 tons of non-standard goods in the first half of the current fiscal year (March 21-Sept. 22), 35% lower than in the same period of last year.
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Publish Date: 11/November/2018 | 10:11

$13m in Compensation for Iran's Mazandaran Flood Losses

EghtesadOnline: Iran government has extended 1.99 trillion rials ($13 million) worth of financial assistance to Mazandaran for losses caused by last month’s floods in the northern Iranian province.
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Publish Date: 10/November/2018 | 09:19

Iran Sectoral PPI Inflation in Summer 2018

EghtesadOnline: The Statistical Center of Iran has recently released three reports on the producer price index of mining, services and industrial sectors over the second quarter of the current year (June 22-Sept. 22, 2018).
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Publish Date: 10/November/2018 | 09:18

South Korea, Iran to Trade in Local Currencies

EghtesadOnline: South Korea says it has reached a deal with Iran to use local currencies in mutual trade between the two countries instead of the US dollar.
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Publish Date: 10/November/2018 | 09:12

Iranian Online Platform Will Aid Kids, Teachers and Parents

EghtesadOnline: A knowledge-based firm has developed an online platform, which in addition to helping kindergarten teachers and caregivers in designing educational material, will establish an easy-to-use line of communication between teacher and the parent.
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Publish Date: 10/November/2018 | 09:05

CNG-Hybrids Tapped for Curbing Diesel Consumption in Iran

EghtesadOnline: A new scheme has been designed jointly by the National Iranian Oil Refining and Distribution Company and the Ministry of Industries that calls for engines of 20,000 diesel-powered commercial vehicles to be converted into CNG-diesel hybrids. Vehicles to is to curb diesel consumption.
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Publish Date: 06/November/2018 | 10:52

Swiss Talk With US, Iran About Payment Channel for Food, Drugs

EghtesadOnline: Switzerland is holding talks with the United States and Iran about launching a humanitarian payment channel to help ensure food and drugs keep flowing to the Islamic Republic amid tightened US sanctions, the Swiss government said.
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Publish Date: 06/November/2018 | 10:44

Iran Gov't Financial Resources Up 20%

EghtesadOnline: Mohammad Baqer Nobakht, the head of Plan and Budget Organization of Iran, says despite sanctions, the government’s financial resources have increased more than 20% in the first seven months of the current year (March 21-Oct. 22) compared with the same period of last year.
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Publish Date: 06/November/2018 | 10:40

Afghanistan Lifts Ban on Iranian Imports From Farah Border

EghtesadOnline: The ban placed by Afghanistan as of Sept. 16 on the import of Iranian oil products, cement, steel products, tiles and ceramics through Farah border crossing has been officially lifted.
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Publish Date: 06/November/2018 | 10:32

Motorcyclists, Pedestrians Account for 80% of Road Fatalities

EghtesadOnline: During the first half of the current fiscal that started in March, motorcyclists and pedestrians comprised close to 80% of road accident deaths, the High Council for Coordination of Urban Traffic reported.
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Publish Date: 06/November/2018 | 10:29

Iran's Non-Oil Exports to Neighbors Rise 32% to $12.9b in H1

EghtesadOnline: Iran exported $12.95 billion worth of non-oil goods to its 15 neighboring countries during the six months to Sept. 22, registering a 32% growth compared with the same period of last year, data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 05/November/2018 | 10:38

Iran Exploring New Banking Channels to Circumvent US Restrictions

EghtesadOnline: The government is exploring new ways to bypass US sanctions and find banking channels to Europe, China, and Russia for oil exports and financial transactions, says Asadollah Qarekhani, spokesman of the Majlis Energy Commission.
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Publish Date: 05/November/2018 | 10:32

Iranian Pundits Undermine Impact of US Sanctions

EghtesadOnline: The second and final wave of US sanctions against Iran, claimed by the US to be the harshest ever, have now snapped back, but a host of prominent Iranian pundits and private sector representatives say much of the impact of the new restrictions have already been felt and therefore the effect will be limited going forward.
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Publish Date: 05/November/2018 | 10:27

Iran Unemployment Rises to 12.2% (Jun-Sep 2018)

EghtesadOnline: Iran’s unemployment rate, the proportion of jobless population of ages 10 years and above, stood at 12.2% in the second quarter of the current Iranian year (June 22-Sept. 22), registering a 0.7% increase compared with the same period of last year.
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Publish Date: 05/November/2018 | 10:17