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Importers Buy Forex Worth €7.8b at Iran 's Secondary Forex Market

EghtesadOnline: The total value of foreign currencies sold by exporters of non-oil goods at Iran 's secondary market amounted to €9.2 billion since the beginning of the current fiscal year (started March 21), €7.86 billion of which have been purchased by importers.
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Publish Date:20/October/2019 | 13:23

Iran : Power Grid Synchronization With Iraq by Yearend

EghtesadOnline: Power grids of Iran and Iraq will be synchronized by the end of 2019 and Tehran will help reduce power loss in the neighboring country the following year, chairman of the Export Committee of Iran Electricity Industry Syndicate said.
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Publish Date:20/October/2019 | 13:21

SAIPA Expanding Presence in Africa

EghtesadOnline: Iran ’s SAIPA and South African car manufacturer Mureza are to jointly produce vehicles in Zimbabwe.
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Publish Date:20/October/2019 | 13:19

Tehran Given 4 More Months to Enforce FATF Conditions

EghtesadOnline: The Financial Action Task Force (FATF), the global watchdog for anti-money laundering policies, again extended the suspension of countermeasures against Iran .
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Publish Date:20/October/2019 | 13:15

Telecom 2019 Slated for December

EghtesadOnline: The 20th edition of Iran Telecom Fair (aka Telecom 2019) is to be held in Tehran between Dec. 17 and 20.
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Publish Date:16/October/2019 | 11:42

AEOI Elaborates on Work for Nuclear Power Plant’s 2nd Unit

EghtesadOnline: Construction on the site of the second unit of Bushehr Nuclear Power Plant in south Iran will start in early November, spokesman of the Atomic Energy Organization of Iran said Tuesday.
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Publish Date:16/October/2019 | 11:32

Rouhani Calls for Regional Health Efforts

EghtesadOnline: Collective efforts in the fields of security, science and technology can help promote health in the region, President Hassan Rouhani said on Tuesday, while criticizing US sanctions that have hindered Iran ians' access to life-saving medicine.
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Publish Date:16/October/2019 | 11:29

Gov't Announces AML/CFT Organizational Framework

EghtesadOnline: The Iran ian government has issued a framework assigning tasks to executive bodies, as a part of an amendment to the Anti-Money Laundering and Countering the Financing of Terrorism Law.
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Publish Date:16/October/2019 | 11:26

Iran , EEU Announce Trade Tariffs

EghtesadOnline: The average tariff set by the Eurasian Economic Union on Iran ian goods as part of a preferential trade agreement set to come into effect between the two sides on Oct. 27 stands at 3.1%, while the figure is 12.9% for EEU goods exported to Iran .
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Publish Date:16/October/2019 | 11:23

GC Rejects Bill on Forming Commerce Ministry

EghtesadOnline: The Guardians Council–a watchdog body that ensures laws are in line with the Iran ian Constitution and the Islamic law–has found the parliament-approved bill on establishing a Commerce Ministry to be against articles 85 and 133 of the Iran ian Constitution and sent it back to Majlis for reconsideration, Abbasali Kadkhodaei, the council’s spokesman, was quoted as saying by Otaghiranonline.ir.
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Publish Date:16/October/2019 | 11:21

Iran 's NIOC Generating Revenues via New Channels

EghetsadOnline: The National Iran ian Oil Company raised $700 million in revenues by selling oil and petroleum byproducts in the capital market in the past eight months, the managing director of the company said Tuesday.
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Publish Date:16/October/2019 | 11:16

Most Iran ian Employed in Manufacturing Sector

EghtesadOnline: Over 4.49 million people were employed in manufacturing enterprises, accounting for 18.9% of the total employed population—the biggest share among nine job groups defined by the Statistical Center of Iran .
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Publish Date:15/October/2019 | 24:22

Raising Power Plants’ Efficiency in Kerman,Yazd

EghtesadOnline: To improve the efficiency of gas-powered turbines the Energy Ministry’s Niroo Research Institute is implementing the “Condition Monitoring” (CM) system in Kerman and Yazd thermal power plants, deputy head for technology affairs of the institute said.
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Publish Date:15/October/2019 | 24:20

Solar Power for Iran ian Nomads

EghtesadOnline: A project has been launched to supply power to 25,000 nomad families via portable solar power generators, director of rural electrification affairs at Iran Power Generation, Distribution and Transmission Company (Tavanir) said.
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Publish Date:15/October/2019 | 24:15

Slight Increase in Iran Airport Traffic

EghtesadOnline: Iran Airports Company registered 37,165 takeoffs and landings during the sixth month of the current Iran ian year (August 23-Sept. 22), which shows a 1.23% rise compared with the similar period of last year.
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Publish Date:15/October/2019 | 24:13

Iran : Privatization Reforms on Agenda

EghtesadOnline: The Iran ian government will institute fundamental changes in the existing procedures regarding privatization.
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Publish Date:15/October/2019 | 24:12

Housing Investment in Iran Loses Luster

EghtesadOnline: Economist Pouya Jabal Ameli believes that the real-estate market won’t stand upon a better footing in the coming years than it did over the past half-century.
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Publish Date:15/October/2019 | 24:09