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Insurers Report 33% Growth in Premium

EghtesadOnline: The Central Insurance company of Iran , the body in charge of supervising the industry, has released the long-awaited annual report on the performance of the insurance sector in the fiscal year that ended in March 2019.
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Publish Date:02/November/2019 | 11:35

Iran , Qatar Eye ICT Coop. Ahead of 2020 World Cup

EghtesadOnline: Heading a delegation of Iran ian tech experts, ICT Minister Mohammad Javad Azari Jahromi traveled to Doha to participate in Qatar’s Information Technology Conference and Exhibition (aka QITCOM 2019) underway between Oct. 29 and Nov. 1.
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Publish Date:02/November/2019 | 11:32

Iraqis, Lebanese Should Pursue Rightful Demands Within Law

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Wednesday Iraqi and Lebanese people should pursue their rightful demands through legal means, while accusing the US and its allies of stoking unrest in the region.
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Publish Date:02/November/2019 | 11:30

Syria's Constitutional Committee a Step Toward Political Solution

EghtesadOnline: The formation of Syria's long-awaited constitutional committee heralds the beginning of a “difficult” and “lengthy” process toward finding a political solution to the Arab country's problems, Iran 's top diplomat said.
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Publish Date:02/November/2019 | 11:28

4th Step in Reducing JCPOA Compliance Highly Likely

EghtesadOnline: Iran will most likely implement the fourth phase of its plan to reduce compliance with the 2015 nuclear deal, if European efforts to save the accord remain fruitless, a Foreign Ministry spokesman said.
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Publish Date:02/November/2019 | 11:26

Iran 's NISOC Signs Contracts to Cut Flaring

EghtesadOnline: The National Iran ian South Oil Company seeks to further reduce flaring and burning of associated petroleum gases from oil and gas sites in the southern and southwestern regions it operates, including Bushehr, Khuzestan and Kohgilouyeh-Boyerahmad, the managing director said.
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Publish Date:02/November/2019 | 11:24

Regulated Forex Market Awaiting Okay From Iran 's CB

EghtesadOnline: Head of the company that oversees the long-awaited regulated foreign exchange market says the market is ready to start functioning and is awaiting a final go-ahead by the regulator.
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Publish Date:02/November/2019 | 11:20

Iran Energy Exchange Is a Stopgap Solution

EghtesadOnline: Oil has always been a function of the international market, so setting up local energy markets cannot help the National Iran ian Oil Company sell crude on a long-term basis, a veteran financial expert said.
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Publish Date:02/November/2019 | 11:15

Iran Steel Output Forecast for Fiscal 2019-20: 28m Tons

EghtesadOnline: Iran ’s crude steel output is expected to hit 28 million tons by the end of the current Iran ian year (March 19, 2020), 13.2 million tons of which have been realized so far, says Deputy Industries Minister Jafar Sarqeini.
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Publish Date:02/November/2019 | 11:12

Gov’t Enhances Transparency of Financial Systems

EghtesadOnline: Following efforts to improve the financial transparency and discipline administrative bodies, the Central Bank of Iran has connected its Centralized Database for Loans and Commitments, known by its Persian acronym Samat, with another government-run system, dubbed the Comprehensive System for Management of Government Guarantees.
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Publish Date:02/November/2019 | 11:10

Iran 's Power Industry Leading in Middle East

EghtesadOnline: Iran ian companies’ capabilities in manufacturing parts and equipment for the thermal power industry have encouraged many countries to want to benefit from Iran ’s experience, Deputy Energy Minister Homayoun Haeri said on the sidelines of the 19th Iran International Electricity Exhibition in Tehran on Thursday.
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Publish Date:02/November/2019 | 11:08

Chabahar Port Operations Rise 50%

EghtesadOnline: Chabahar Port handled a total of $800 million worth of commodities in the last fiscal year (March 2018-19) to register a 50% growth compared with the year before, according to the director of Commerce Department of Chabahar Free Zone Organization.
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Publish Date:02/November/2019 | 11:05

Iran Urges SCO States to Promote Multilateralism

EghtesadOnline: Iran on Friday called on countries in the region, including the member states of Shanghai Cooperation Organization, to step up their efforts for promoting multilateralism and empowering regional organizations.
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Publish Date:02/November/2019 | 11:04

Active Debit Cards Hit 100m

EghtesadOnline: The total number of bank debit cards, used for at least one transaction, in the sixth month (ended September 21) of the Iran ian fiscal year reached 101 million, way higher than the 91 million cards during the same period last year.
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Publish Date:30/October/2019 | 11:48

Azarbaijan Province Poor in Renewables

EghtesadOnline: Total power production in the two East and West Azarbaijan provinces is 3,150 megawatts, of which barely 20 MW comes from renewables, operator of green energy power generation and distribution projects in the provincial electricity company said.
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Publish Date:30/October/2019 | 11:45

INTA: Billionaires Don’t Pay Tax

EghtesadOnline: The head of Iran ian National Tax Administration says the affluent in Iran do not have tax return files or largely evade fulfilling their tax obligations.
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Publish Date:30/October/2019 | 11:42

10% Rise in Unrefined Vegetable Oil Imports

EghtesadOnline: A total of 800,000 tons of unrefined vegetable oil were imported into Iran during the first seven months of the current Iran ian year (March 21-Oct. 22), registering a 10% rise compared with the similar period of last year.
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Publish Date:30/October/2019 | 11:40