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Fuel Smuggling in Iran : A Strange Narrative

EghtesadOnline: The Tehran government’s protestations about fuel smuggling from the eastern and southern borders have become a permanent feature. So has the inability and unwillingness of those in charge to put an end to this wholesale corruption inflicting colossal economic loss for too many years.
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Publish Date:24/December/2019 | 24:49

MPs Solicit Leader’s Support For FATF

EghtesadOnline: With the final call by the global anti-money laundering watchdog, the Financial Action Task Force, on Iran coming to a head, a group of MPs are preparing a letter to the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei, to convey their concerns about the consequences of non-compliance with FATF standards.
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Publish Date:24/December/2019 | 24:44

Iran : Exports of Ferrous Minerals Earn Over $4.6 Billion in 7 Months

EghtesadOnline: Iran exported $4.63 billion worth of ferrous minerals in the first seven months of the current Iran ian year (March 21-Oct. 22), the head of the Ministry of Industries, Mining and Trade's Mines and Mineral Industries Department said.
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Publish Date:24/December/2019 | 24:42

Iran ’s Airport Traffic Down 4%

EghtesadOnline: Iran Airports Company registered a total of 284,439 takeoffs and landings during the first eight months of the current Iran ian year (March 21-Nov. 21), marking a 4% decline compared with the similar period of last year.
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Publish Date:24/December/2019 | 24:41

Gov’t Can Borrow €3.4b From NDFI

EghtesadOnline: The government can withdraw €3.4 billion from the National Development Fund of Iran in the next fiscal year (starts March 2020), to finance development projects.
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Publish Date:24/December/2019 | 24:39

Zarif Visiting Oman

EghtesadOnline: Foreign Minister Mohammad Javad Zarif left Tehran for Oman on Monday to pursue regular bilateral consultations.
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Publish Date:24/December/2019 | 24:35

West Azarbaijan Dams Help Revive Troubled Lake Urmia

EghtesadOnline: In the framework of the Lake Urmia Restoration Project, water from Shahrchay and Boukan dams was discharged into the troubled lake on Sunday, managing director of West Azarbaijan Regional Water Company said.
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Publish Date:23/December/2019 | 11:21

Abfa Chief Reiterates Need to Promote Greywater Use

EghtesadOnline: The deficit of groundwater reserves has surpassed 130 billion cubic meters, director of the National Water and Wastewater Engineering Company of Iran (Abfa) said.
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Publish Date:23/December/2019 | 11:19

Top Iran , India Diplomats Discuss Relations, Region

EghtesadOnline: Indian External Affairs Minister Subrahmanyam Jaishankar, who has traveled to Tehran on a two-day visit, met his Iran ian counterpart, Mohammad Javad Zarif, on Sunday and discussed the latest developments in bilateral ties as well as key regional and international issues.
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Publish Date:23/December/2019 | 11:17

Iran 's Average Inflation Rate Dips to 40%

EghtesadOnline: The average goods and services Consumer Price Index in the 12-month period ending Dec. 21, which marks the last day of the ninth Iran ian month, increased by 40% compared with last year’s corresponding period, latest data released by the Statistical Center of Iran show.
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Publish Date:23/December/2019 | 11:12

Refusal to Join FATF Would Help Forge Int'l Front Against Iran

EghtesadOnline: Failure to ratify laws demanded by the global anti-money laundering watchdog will adversely affect Iran 's economy, as it will help forge an international front against the country in the economic field, a political analyst says.
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Publish Date:23/December/2019 | 11:08

Iran Remains World's 10th Biggest Steel Producer YOY

EghtesadOnline: Iran ian steel mills produced a total of 23.64 million tons of crude steel during the first 11 months of 2019 (January to November), which indicate a 5.3% rise compared with the corresponding period of 2018, the latest report released by the World Steel Association shows.
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Publish Date:23/December/2019 | 11:04

Bad Checks: Value Down, Volume Up

EghtesadOnline: The total value of bounced checks during the month to November 21 declined 2.5% compared to a month earlier while the volume showed a hike of 11%.
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Publish Date:22/December/2019 | 24:51

China, EU Powers Agree to Help Save Iran Nuclear Deal

EghtesadOnline: China and the three European signatories to the 2015 nuclear deal have agreed to enhance cooperation to ensure the implementation of the fraying agreement, according to a top Chinese diplomat.
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Publish Date:22/December/2019 | 24:46

Iran ian Exporters Repatriate €12b in 9 Months

EghtesadOnline: Exporters of non-oil goods repatriated more than €12.1 billion ($13.4 billion) of their overseas earnings to the country since the beginning of the current fiscal year in mid-March, the Central Bank of Iran reported.
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Publish Date:22/December/2019 | 24:35

EGFI Wants to Double Capital

EghtesadOnline: Export Guarantee Fund of Iran , a state-owned export credit agency, is set to increase its capital by €100 million in the next (March 2020-21) budget and it is working hard to further increase this amount to enhance performance.
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Publish Date:22/December/2019 | 24:34