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Mission to Revive Urmia Lake Making Progress

EghtesadOnline: To revive the desiccated Urmia Lake $250 million will be allocated in the next fiscal year that will start in March 2020, the first vice president said.
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Publish Date:05/January/2020 | 05:58

State Financial Support for Smartphone Production

EghtesadOnline: The Central Bank of Iran and Post Bank of Iran , affiliated to ICT Ministry, will invest 2 trillion rials ($14.8 million) in the domestic production of smartphones to curb dependence on foreign suppliers.
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Publish Date:05/January/2020 | 05:54

Leader Vows Severe Revenge for Soleimani Assassination

EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said a crushing revenge awaits the criminals who killed Major General Qasem Soleimani, a top commander of the Islamic Revolution Guards Corps, and other martyrs of the Friday attack in Baghdad.
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Publish Date:04/January/2020 | 13:26

Iran 's Iron Ore, DRI Exports Decline After Imposition of Tariffs

EghtesadOnline: Iran ’s total exports of iron ore witnessed a noticeable downturn since the seventh Iran ian month (Sept. 23-Oct. 22), at the beginning of which the Ministry of Industries, Mining and Trade started to impose tariffs on the export of unprocessed minerals, including iron ore.
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Publish Date:04/January/2020 | 13:20

Iran 's Non-Oil Foreign Trade Surpasses $63 Billion

EghtesadOnline: Iran 's overall non-oil foreign trade (excluding crude oil, mazut, kerosene and exports via suitcase trade) during the first nine months of the current Iran ian year (March 21-Dec. 21) stood at $63.73 billion, says Seyyed Ruhollah Latifi, spokesman of the Islamic Republic of Iran Customs Administration.
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Publish Date:04/January/2020 | 13:18

OTP and a New Opportunity for E-Wallets

EghtesadOnline: Rules announced by the Central Bank of Iran to make one-time password obligatory can help foster the business of e-wallet startups, says a board member of Tehran Chamber of Commerce.
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Publish Date:01/January/2020 | 11:25

US Strikes on Iraqi Bases Denounced

EghtesadOnline: Iran ’s Foreign Ministry strongly denounced the United States' recent strikes on Iraqi militia forces, describing it as a clear example of terrorism.
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Publish Date:01/January/2020 | 11:24

$3.5b Bid Boland Gas Refinery to Come Online

EghtesadOnline: Construction of Bid Boland Gas Refinery in Khuzestan Province is almost complete and is expected to go on stream by the end of winter or early spring, the managing director said.
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Publish Date:01/January/2020 | 11:19

Dams Are No Smart Solutions for Iran

EghtesadOnline: Based on the March 2020-21 budget bill, close to $160 million will be allocated to dam construction in the next Iran ian year.
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Publish Date:01/January/2020 | 11:15

Tehran Stocks Make Stunning Comeback

EghtesadOnline: Tehran Stock Exchange jumped 4.4% with its main index, TEDPIX, soaring 15,800 points on Sunday as investors strive to make up for the deep losses last week triggered by fears over the escalation of political and military tensions.
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Publish Date:13/January/2020 | 24:41

Tehran Stocks Pare Recent Losses

EghtesadOnline: Tehran stocks made a U-turn at the start of trade on Saturday after sharp losses last week.
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Publish Date:12/January/2020 | 11:12

Tehran Stocks Continue Losing Streak

EghtesadOnline: As negative psychological conditions continue to undermine financial sectors, the stock market in Tehran took another drubbing on Tuesday as investors embrace extra caution regarding future developments.
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Publish Date:08/January/2020 | 11:23

Uncertainty Drags Down Tehran Stocks

EghtesadOnline: Equities in both of Tehran Stock Exchange and the over-the-counter Iran Fara Bourse made a rare nosedive at the start of trading week on Saturday as markets dived following renewed military tensions in the strategic Persian Gulf region.
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Publish Date:05/January/2020 | 11:30

Iran Gov’t Sells $400m in Bonds

EghtesadOnline: The government sold 53 trillion rials ($400 million) worth of Manfa’at Sukuk bonds on Wednesday via Iran Fara Bourse, over-the-counter market for trading securities, to meet budgetary needs.
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Publish Date:05/January/2020 | 06:04

TEDPIX Rises 0.3%

EghtesadOnline: The Tehran Stock Exchange’s main index TEDPIX gained 1,465.03 points, or 0.39%, on Tuesday to end trading at 377,012.7.
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Publish Date:01/January/2020 | 11:13