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IPO Welcomes Decision on Justice Shares

EghtesadOnline: The initiative to ease restrictions on trading the so-called Justice Shares will allow Justice Shares worth 3,000 trillion rails ($18.75 billion) to be offered Iran ’s stock market, head of the Iran ian Privatization Organization said.
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Publish Date:30/April/2020 | 10:15

COVID-19 Inflicts $330m in Losses on Iran 's Tourism Industry

EghtesadOnline: The outbreak of the new coronavirus inflicted 53 trillion rials ($330 million) in losses on Iran ian tourism industry during the two months to April 19, the president of Iran ian Hoteliers Association said.
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Publish Date:30/April/2020 | 06:17

Iran : Special Customs Credit for Essential Goods Importers

EghtesadOnline: The Islamic Republic of Iran Customs Administration is now offering special customs credit to importers of essential goods, says Mehrdad Jamal Arvanaqi, an official with the administration.
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Publish Date:30/April/2020 | 06:11

New, Renovated Wagons Join Iran ’s Rail Fleet

EghtesadOnline: A total of 56 domestically-made and renovated wagons worth 1.25 trillion rials ($7.81 million) joined Iran 's rail fleet in a ceremony held on Wednesday.
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Publish Date:30/April/2020 | 05:55

Two Iran ian Border Crossings Resume Trade With Iraqi Kurdistan

EghtesadOnline: Sheikh Saleh border crossing in the central district of Salas-e Babajani County, Kermanshah Province, is set to reopen on April 30, spokesperson of the Islamic Republic of Iran Customs Administration, Rouhollah Latifi, has said.
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Publish Date:30/April/2020 | 05:50

Tehran's Ranking Climbs Among Most Expensive Cities

EghtesadOnline: The Economist Intelligence Unit’s latest Cost of Living report on the cost of living in 133 cities shows Tehran ranks 106th among the most expensive cities of the world.
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Publish Date:29/April/2020 | 11:17

Borders With All Neighbors, Except Turkmenistan, Open

EghtesdaOnline: Deputy Foreign Minister Gholamreza Ansari said all borders of Iran , except the one with Turkmenistan, are open, adding that the country's missions abroad are negotiating with the host countries to resume trade exchanges.
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Publish Date:29/April/2020 | 11:10

Iran 's Chocolate, Pastry Exports at $450m

EghtesadOnline: A total of $450 million worth of chocolate and pastry were exported from Iran during the last fiscal year (March 2019-20).
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Publish Date:29/April/2020 | 11:03

Gov’t-Hosted Boot Camps Tap Into Tech Potentials

EghtesadOnline: Iran ’s Vice Presidential Office for Science and Technology has held 26 boot camps in different technology areas over the past few months to train tech teams and startups for the job market.
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Publish Date:29/April/2020 | 05:35

Iran COVID-19 Cases Up, Deaths Down

EghtesadOnline: Iran ’s daily coronavirus caseload rose by 12.2% on Tuesday while overnight deaths dropped sharply by 26%, health officials announced.
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Publish Date:29/April/2020 | 05:28

Iran -EU Transactions Up 9%

EghtesadOnline: Trade between Iran and EU member states during January-February stood at €787.66 million to register a 9.17% increase compared with the similar period of 2019, latest data provided by the European Statistical Office show.
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Publish Date:29/April/2020 | 05:24

SCI Reviews Provincial Consumer Price Changes

EghtesadOnline: The growth in overall Consumer Price Index in the first month of the current Iran ian year (March 20-April 19) was the highest (3.8%) in Kurdestan and Kohgilouyeh-Boyerahmad provinces when compared with the month before.
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Publish Date:28/April/2020 | 13:33

Iran Oil Derivative Exports Resume

EghtesadOnline; Export of petroleum products including mazut, diesel and gasoline that was interrupted in the past several weeks is gradually getting back to normal, spokesman of the Petroleum Products Exporters Union said.
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Publish Date:28/April/2020 | 08:21

Iran 's Q4 Guild Sales Slip by 83%

EghtesadOnline: Guilds across the country registered an 83% decline in sales during the fourth quarter of the last fiscal year (Dec. 21, 2019-March 19, 2020) compared with Q4 of the year before.
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Publish Date:28/April/2020 | 05:58

Most Importers Meet Forex Obligations

EghtesadOnline: Unfulfilled commitments by importers of essential goods have decreased substantially thanks to measures by the Central Bank of Iran 18 months ago, an official with the bank said.
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Publish Date:28/April/2020 | 05:46

Struggling Insures Seek Gov’t Help

EghtesadOnline: Iran ian Insurers’ Syndicate has asked the Ministry of Economy for financial aid to the industry burdened by the impact of the coronavirus spread.
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Publish Date:28/April/2020 | 05:31

Restrictions on Rice Cultivation Lifted Amid High Rainfall

EghtesadOnline: The Agriculture Ministry has temporarily lifted restrictions on rice cultivation in the country after it had announced plans to gradually limit and ultimately ban the production of this staple crop in all provinces, except the provinces of Gilan and Mazandaran, amid fears of drought.
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Publish Date:27/April/2020 | 13:13

Gov’t to Launch Divestiture Scheme May 3

EghtesadOnline: The Ministry of Economy announced a timeframe to launch the first phase of a divestiture scheme based on which government will sell its stakes in state-affiliated companies.
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Publish Date:27/April/2020 | 13:01

Export Restrictions Lead to Drop in Domestic Date Prices

EghtesadOnline: A total of 1.22 million tons of dates were produced in the last Iran ian year that ended on March 19, 2020, of which 200,000-220,000 tons have been stored for supply during the holy month of Ramadan (started April 25), secretary of the National Association of Iran ian Dates said.
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Publish Date:27/April/2020 | 24:55