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Budget Without Oil May Impair Stock Market Performance

EghtesadOnline: With US sanctions on the oil industry taking a toll on the economy, including the national budget, the government has again pledged to reduce dependency on oil exports to zero and prepare the next budget (March 2020-21) without oil revenues.
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Publish Date:07/October/2019 | 13:34

Zanganeh: Iran Oil Exports Will Continue

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said Sunday Iran will use every possible method to sell its oil, adding that it is the country’s legitimate right.
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Publish Date:07/October/2019 | 13:21

Shaparak Transactions Down 4%

EghtesadOnline: Transactions conducted through Iran ’s payment settlement network, Shaparak, stood at 2.30 billion worth 2.505 trillion rials ($21.88 billion) during the sixth calendar month to September 22.
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Publish Date:06/October/2019 | 14:15

Opportunity to End Iran -West Impasse Not Lost

EghtesadOnline: The opportunity provided by President Hassan Rouhani's visit to New York to end the deadlock between Tehran and the West was not missed, because the Iran ian delegation left the door open for diplomacy, an observer says.
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Publish Date:06/October/2019 | 14:14

Noticeable Decline in Liquid Fuel Consumption

EghtesadOnline: Consumption of environmentally-unfriendly liquid fuels like diesel and mazut in power plants and farming declined 31% over the past six years, the Oil Ministry's deputy for planning and economic affairs said.
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Publish Date:06/October/2019 | 14:11

Air Pollution Control Scheme Under Magnifying Glass

EghtesaadOnline: Since a new traffic scheme was launched about 100 days ago in central Tehran for curbing traffic and air pollution, urban managers have ignited debates over its weak and strong points.
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Publish Date:06/October/2019 | 14:09

Risk Retention Cap for Insurers Announced

EghtesadOnline: A report by the Central Insurance company of Iran (CII), rating domestic insurers based on their risk retention capacity, placed the state-owned Iran Insurance Company at the top of list.
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Publish Date:06/October/2019 | 14:05

Case Against Higher Fuel Prices in Iran

EghtesadOnline: Although most energy officials, namely Oil Minister Bijan Namdar Zanganeh, say that raising gasoline prices would be the last resort to fight rampant smuggling and curtail rising consumption, several senior economists disagree.
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Publish Date:06/October/2019 | 13:58

Tehran Stocks Open Slightly Higher

EghtesadOnline: Tehran stocks briefly touched the psychological level of 330,000 in early trading on Saturday, led by bank, pharmaceutical and auto shares, before reversing the course at the end of trading session.
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Publish Date:06/October/2019 | 13:56

Bigger Loans for Real-Estate Developers

EghtesadOnline: Bank Maskan, the state-run agent bank of housing sector in Iran , granted 4,834 construction loans worth 3,659 billion rials ($31.95 million) to real-estate developers during the month ending Aug. 22, which indicate 82% and 33.7% growth in number and value respectively compared with last year's similar month.
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Publish Date:06/October/2019 | 13:55

Pistachio Derivatives Market Opens Next Week

EghtesadOnline: Iran Mercantile Exchange plans to launch a pistachio futures contract in the coming week, a deputy at the IME said Saturday.
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Publish Date:06/October/2019 | 13:53

Tehranis Exposed to More Polluted Air in September

EghtesadOnline: The residents of Iran ian capital breathed in more toxic particles in September, as air quality deteriorated slightly compared with the corresponding month of last year, data released by Tehran Air Quality Control Company show.
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Publish Date:05/October/2019 | 13:30

Online Platform Aims to Ease Investment in Startups

EghtesadOnline: Domestic financial services group Turquoise Partners unveiled an online system to ease investment in startups at Iran National Library late on Wednesday.
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Publish Date:05/October/2019 | 13:28

Communication Services Growing Fast in Iran

EghtesadOnline: The expansion of communication services and promotion of telecom infrastructure investment have been high on President Hassan Rouhani’s agenda since he took office for the first time in 2013.
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Publish Date:05/October/2019 | 13:27

Nuclear Steps to Continue Until ‘Desired Result’ Materializes

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Wednesday the US "maximum pressure" strategy against Iran has failed, promising that Tehran will continue to reduce its commitments under the 2015 nuclear deal until it achieves the "desired result".
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Publish Date:05/October/2019 | 13:25

Rouhani, Putin Meet in Armenia

EghtesadOnline: The presidents of Iran and Russia met in Armenia on the sidelines of the Eurasian Economic Union Summit on Tuesday to discuss bilateral, regional and international issues.
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Publish Date:05/October/2019 | 13:23

More Negotiations Needed on France's Four-Point Plan

EghtesadOnline: The four-point document prepared by French President Emmanuel Macron to address the dispute between Tehran and Washington does not state Iran 's stance correctly and needs further negotiations, the top Iran ian diplomat said.
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Publish Date:05/October/2019 | 13:22