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New Drilling Rig for NIDC

EghtesadOnline: Equipped with advanced equipment, the National Iran ian Drilling Company is able and willing to expand the scale and scope of its activity in offshore and onshore oilfields.
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Publish Date:19/February/2020 | 11:08

Larijani Briefs Reporters on Visits to Syria, Lebanon

EghtesadOnline: Parliament Speaker Ali Larijani filled reporters in on his trips to Lebanon and Syria upon his arrival in Tehran early Tuesday, characterizing his meetings with top officials from the two Arab countries as “positive”.
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Publish Date:19/February/2020 | 11:06

30% Rise in Value of Domestic Medicines

EghtesadOnline: The value of domestically-made pharmaceuticals has increased 30% in the current Iran ian year (started March 2019) and about €600 million less were spent on the import of medicines, says Health Minister Saeed Namaki.
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Publish Date:19/February/2020 | 11:03

Labor Force Participation Rate at 44.3% in Q3

EghtesadOnline: The Statistical Center of Iran has put labor force participation rate in the third quarter of the current Iran ian year (Sept. 23-Dec. 21, 2019) at 44.3% or 27.33 million people, registering a 0.2% decrease year-on-year.
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Publish Date:19/February/2020 | 10:56

State Scheme to Finance 100 Startups Annually

EghtesadOnline: A group of state institutions has launched an initiative to grant financial support to 100 startups per year to help them flourish.
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Publish Date:19/February/2020 | 10:53

Iran Gov’t Insists on Building Dams

EghtesadOnline: In the past dams were built with the aim of ensuring irrigation, power generation and supplying potable water. But now the attitude towards mega-dams has changed significantly, managing director of Iran Water and Power Resources Development Company said.
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Publish Date:19/February/2020 | 10:52

Expert Warns of Falling Foul of FATF Standards

EghtesadOnline: Non-compliance with the requirements of the Financial Action Task Force could result in the closure of all Iran ian bank accounts around the world, including individuals and embassies, an expert on international relations said, citing comments by officials in the Foreign Ministry’s Economic Department.
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Publish Date:19/February/2020 | 10:49

Iran ian Businessmen, Investors Establish Footing in Turkey

EghtesadOnline: A total of 970 Iran ian companies were established in Turkey last year, making Iran the biggest foreign country to form companies in the neighboring country, the head of Iran -Turkey Studies Center said.
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Publish Date:19/February/2020 | 10:44

Currency at New Low; Iran 's CB Says Will Defend Rial

EghtesadOnline: Major currencies soared in Tehran on Tuesday amid new concerns among market participants about a decision by the Financial Action Task Force on Iran by the weekend.
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Publish Date:19/February/2020 | 10:39

Larijani Visits Allied States to Reinforce Ties

EghtesadOnline: Parliament Speaker Ali Larijani reiterated Iran ’s policy to support war-stricken Syria and said the close cooperation between the two countries is deep-rooted and not “a tactical matter”.
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Publish Date:19/February/2020 | 05:06

2 Businesses Top List of Borrowers

EghtesadOnline: A CBI report shows that more than half of the loans given by Iran ian banks and credit institutions were in the form of civil partnership and installment sale contracts.
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Publish Date:19/February/2020 | 05:03

Rouhani Highlights Scientific Achievements

EghtesadOnline: President Hassan Rouhani underlined Iran 's scientific and technological advancements as a great honor for the country since the foundation of the Islamic Republic.
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Publish Date:19/February/2020 | 04:59

Borrell Focuses on Europeans to Save JCPOA

EghtesadOnline: The European Union’s top diplomat, Josep Borrell, said he will try to ensure Iran 's economic interests under the 2015 nuclear deal through European initiatives rather than convincing the United States to change its policies.
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Publish Date:19/February/2020 | 04:57

European Dependence on US Hampers Borrell’s JCPOA Efforts

EghtesadOnline: Europe’s security and economic dependence on the United States impedes the European Union foreign policy chief’s endeavors to preserve the 2015 nuclear accord, an expert on international relations said.
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Publish Date:19/February/2020 | 04:55

Capital Expenditure Outpaces Capital Formation

EghtesadOnline: Iran ’s economic climate is indicative of the pressure exerted by sanctions, says Mohammad-Qoli Yusefi, professor of economics at Allameh Tabataba’i University.
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Publish Date:18/February/2020 | 24:55

Iran Airport Traffic Reviewed

EghtesadOnline: Iran Airports Company registered a total of 320,524 takeoffs and landings by domestic and foreign airlines during the first 10 months of the current Iran ian year (March 21, 2019-Jan. 20), which indicates a 3% decline compared with the similar period of last year.
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Publish Date:18/February/2020 | 24:53

Dairy Exports Exceed $350m in 10 Months

EghtesadOnline: Iran exported 331,889 tons of dairy products worth $358.12 million during the first 10 months of the current Iran ian year (March 21, 2019-Jan. 20), according to the spokesman of the Islamic Republic of Iran Customs Administration.
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Publish Date:18/February/2020 | 24:49

Iran : Red Flag for Gas Consumption

EghtesadOnline: Decline in electricity output due to high gas consumption in the household sector will have adverse effects on the power export, vice president of Iran Electrical Industry Syndicate said.
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Publish Date:18/February/2020 | 24:48