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Consumers in Iran Using Less Electricity

EghtesadOnline: The number of electricity subscribers who adhere to the consumption patterns outlined by the government has increased by 10% compared to last year, managing director of Iran 's Power Generation, Distribution and Transmission Company (Tavanir) said at the weekend.
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Publish Date:04/November/2019 | 07:45

Tehran Marks World Cities Day With Golden Adobe Award

EghtesadOnline: To commemorate the World Cities Day internationally marked on Oct. 31, the fourth edition of Tehran Golden Adobe Global Award was held at the iconic Milad Tower on Saturday with focus on smart cities and technologies.
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Publish Date:04/November/2019 | 07:38

Critical Role of FATF Reiterated

EghtesadOnline: Time is running out for Tehran to meet the deadline set by the Financial Action Task Force to comply with the standards of the global anti-money laundering watchdog or face the consequences.
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Publish Date:04/November/2019 | 07:35

No Point in US Talks as It Won’t Make Concessions

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Sunday that talks with the US government will not bear any results, because the Americans are not ready to offer any concessions.
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Publish Date:04/November/2019 | 07:33

Banks Lend $34 Billion in 6 Months

EghtesadOnline: Banks and credit institutions in Iran lent 3,821 trillion rials ($34.1 billion) during the first six months (March 21-Sept. 22) of the current fiscal year.
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Publish Date:03/November/2019 | 10:45

Recycled Wastewater for Varamin Farms and Industries

EghtesadOnline: An estimated 91 million cubic meters of wastewater was transferred from the South Tehran Wastewater Treatment Complex to farms in the Varamin Plain 40km southeast of the capital in the past six months, the operator at Tehran Water and Wastewater Company said Saturday.
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Publish Date:03/November/2019 | 10:41

Iran Air Increases Flights to Istanbul

EghtesadOnline: Iran ’s flag carrier Iran Air, also known as ‘Homa’, has increased the number of weekly flights from Tehran to Istanbul in Turkey from four to seven, the Ministry of Roads and Urban Development's news service reported.
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Publish Date:03/November/2019 | 10:36

NICICO Sales Top $1b in 7 Months

EghtesadOnline: The National Iran ian Copper Industries Company sold 117.51 trillion rials ($1 billion) worth of products during the seven months to Oct. 22 to register a staggering rise of 144% compared with last year’s corresponding period.
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Publish Date:03/November/2019 | 10:34

Iran 's Non-Oil Trade With EEU at $985m

EghtesadOnline: Iran traded $985 million worth of non-oil commodities with the five member states of Eurasian Economic Union, namely Russia, Kazakhstan, Armenia, Kyrgyzstan and Belarus, during the first five months of the current Iran ian year (March 21-Aug. 22).
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Publish Date:03/November/2019 | 10:32

Iran , Iraq Power Grids Synchronized

EghtesadOnline: Iran ian and Iraqi power grids were synchronized Friday following closer collaboration between the two neighbors.
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Publish Date:03/November/2019 | 10:30

New Housing Program Launched in Iran

EghtesadOnline: Registration for government-sponsored "National Housing Initiative", aimed at supplying a total of 400,000 affordable homes, will begin on Nov. 6 in 10 provinces across the country, Minister of Roads and Urban Development Mohammad Eslami announced.
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Publish Date:03/November/2019 | 10:28

Tehran Air Quality Status Moderate in October

EghtesadOnline: Tehran’s residents experienced a more stable air condition during October after being exposed to hazardous emissions in early fall, mostly due to traffic congestion coinciding with the opening of schools in late September.
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Publish Date:03/November/2019 | 10:26

Iran National Development Fund to Offer Loans to Rural Tech Firms

EghtesadOnline: In line with the state-backed policy to accelerate the growth of knowledge-based firms and startup ecosystems in Iran , cheap loans will be offered to eligible companies and emerging enterprises in less-developed villages.
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Publish Date:02/November/2019 | 11:41

Q2 Tehran Construction Material Prices Rise 29 Percent YOY

EghtesadOnline: The general price index of construction materials for residential units in Tehran rose 29% during the second quarter of the current Iran ian year that ended on Sept. 22 compared with last year's corresponding period.
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Publish Date:02/November/2019 | 11:38

CII Forecasts Rise in Premium Income

EghtesadOnline: The head of Central Insurance company of Iran , the regulator of the insurance industry, says insurers’ earnings from selling insurance policy will reach a record of 600 trillion rials ($5.3 billion) by the end of the current calendar year in March 2020.
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Publish Date:03/November/2019 | 10:38