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Banks Sell Surplus Property, Generate $1 Billion

EghtesadOnline: Banks and credit institutions have sold property and non-financial assets worth 150 trillion rials ($1.1 billion) since the beginning of current fiscal year in March 2019, said an official with the Economy Ministry.
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Publish Date:11/January/2020 | 24:33

US House Curbs Trump’s Ability to Wage War Against Iran

EghtesadOnline: The US House of Representatives voted on Thursday to stop US President Donald Trump from further military action against Iran , as the Middle East remained tense after the US assassination of a top Iran ian commander and Iran ’s retaliatory missile strikes.
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Publish Date:11/January/2020 | 24:31

Iran 's CB to Help Lift Stock Market

EghtesadOnline: Following sharp falls in the Tehran stock markets throughout last week, a senior bank official spoke about a plan to help support the market by granting loans to investors for purchasing shares.
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Publish Date:11/January/2020 | 24:26

Opinion: Europeans Need to Do More

EghtesadOnline: For European businesses, it is a period of high uncertainty in Iran . No one can envy the challenges of decision-making facing their CEOs.
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Publish Date:11/January/2020 | 24:22

Abfa Expanding Water Supply Network

EghtesadOnline: Iran ’s water supply network stretches over 460,000 kilometers, but there still are 10,000 small towns and villages with no access to piped water, director of the National Water and Wastewater Engineering Company of Iran (Abfa) said.
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Publish Date:08/January/2020 | 11:34

Initiatives to Promote Smart Technologies Gain Traction

EghtesadOnline: Transforming megacities into more sustainable and livable places with the help of smart technologies and the internet of things has gained momentum in Iran , as the government has invested heavily in smart city projects.
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Publish Date:08/January/2020 | 11:32

Iran 's Steel Production Capacity Projected to Top 43m Tons

EghtesadOnline: Iran ’s steel production capacity is expected to reach 43.6 million tons by the end of the next Iran ian year (March 20, 2021), while the actual production is estimated to hit 31.1 million tons by utilizing 71% of the nominal capacity.
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Publish Date:08/January/2020 | 11:17

CBI Says Will Calm Currency Market

EghtesadOnline: Currency rates again pushed upwards on Tuesday, amid heightened political tensions in the region, but the Central Bank of Iran was quick to announce that there is no need for anxiety.
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Publish Date:08/January/2020 | 11:14

Pesticide Production Up 31% in Eight Months

EghtesadOnline: Iran produced 24,500 tons of pesticides during the first eight months of the current Iran ian year (March 21-Nov. 21) to register an increase of 31% compared with last year’s corresponding period.
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Publish Date:08/January/2020 | 11:12

No Exit From JCPOA by Taking Final Step of Reducing Compliance

EghtesadOnline: Iran ’s deputy foreign minister said the announcement of the fifth and final step away from the 2015 nuclear deal does not signify Iran 's exit from the accord, formally called the Joint Comprehensive Plan of Action.
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Publish Date:08/January/2020 | 11:09

Banks Unwilling to Lend

EghtesadOnline: From the beginning of fiscal 2018-19 up until September, the loan-to-deposit ratio has been of the descending order indicating that banks are exercising extra caution when it comes to lending.
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Publish Date:08/January/2020 | 11:06

South Pars Output Up 7%

EghtesadOnline: To speed up gas production from South Pars Gas Field in the Persian Gulf, an offshore deck of phase 23 was linked to Iran Gas Trunkline (IGAT) on Tuesday, deputy operator of the phases said.
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Publish Date:08/January/2020 | 11:03

Mahathir: Muslims Should Unite After Iran Commander’s Assassination

EghtesadOnline: Muslim countries should unite to protect themselves against external threats, Malaysian Prime Minister Mahathir Mohamad said on Tuesday after describing the US assassination of Iran ’s top military commander, Major General Qasem Soleimani, as immoral.
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Publish Date:08/January/2020 | 11:01

Afghanistan No Launching Point for Attacks on Iran

EghtesadOnline: Afghanistan will not serve as a launching point for US attacks on any country in the region, the national security adviser of the South Asian state said in a meeting with Iran 's ambassador in Kabul.
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Publish Date:07/January/2020 | 13:25

Pelosi: House to Vote on Resolution to Limit Trump’s Iran Military Action

EghtesadOnline: US House Speaker Nancy Pelosi on Sunday sent a letter to Democratic members of congress announcing the house will introduce and vote on a “War Powers Resolution” to limit US President Donald Trump’s military actions regarding Iran amid rising tension.
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Publish Date:07/January/2020 | 13:20

Oil Hits $70

EghtesadOnline: Oil prices rose a further 2% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a US air strike which martyred a top Iran ian military commander in Iraq.
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Publish Date:07/January/2020 | 13:13