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Iran's Cargo Transit Capacity Fivefold Higher Than Actual Transfer

EghtesadOnline: Iran’s nominal cargo transit capacity stands at 50 million tons per year, which is fivefold higher than the actual volume of transit, according to Minister of Roads and Urban Development Mohammad Eslami.
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Publish Date: 25/December/2019 | 11:16

Iran Fara Bourse Among Top FEAS Members

EghtesadOnline: Iran Fara Bourse, over-the counter stock market based in Tehran, was ranked second in terms of value and volume of trade and the number of stockbroker companies handling IFB trade in 2018 among 15 members of the Federation of Euro-Asian Stock Exchanges (FEAS).
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Publish Date: 25/December/2019 | 10:45

Zarif Holds Extensive Talks in Oman

EghtesadOnline: Foreign Minister Mohammad Javad Zarif, who was in Oman as part of regular consultations between the two countries, held extensive talks with several senior officials of the sultanate on Tuesday.
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Publish Date: 25/December/2019 | 10:42

Banks Lend $40b in 8 Months

EghtesadOnline: Banks and credit institutions paid 5,313 trillion rials ($40.8 billion) in loans in the first eight months of current fiscal year to Nov.21.
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Publish Date: 25/December/2019 | 10:38

Iran's Rural Cooperation Fund Revived

EghtesadOnline: The CEO of central rural cooperative organization announced revival and reconstruction of Iranian rural cooperation fund, due to financial support and in response to repeated request of many farmers and also producers resident of villages and along with removing the obstacles encountering them and providing necessary facility in procedure of enjoying low interest in order to provide raw material, the Iranian rural cooperative fund was formed according to "decision date 11/3/1325" of the cabinet.
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Publish Date: 24/December/2019 | 13:06

Arak Reactor’s Secondary Circuit Operational

EghtesadOnline: The secondary circuit of the Arak heavy water reactor became operational on Monday in a ceremony attended by Ali Akbar Salehi, the head of the Atomic Energy Organization of Iran.
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Publish Date: 24/December/2019 | 24:55

Tehran Stocks Buoyed by Petrochem Shares

EghtesadOnline: Tehran stocks rallied on Monday amid rising demand for shares of major petrochemical firms. The main index of Tehran Stock Exchange TEDPIX gained 2,644.41 points, or 0.74%, on Monday to stand at 359,365.5.
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Publish Date: 24/December/2019 | 24:52

Iran: 16% Decline in Gasoline Consumption

EghtesadOnline: Gasoline consumption in the eighth fiscal month that ended on December 22 was 75 million liters per day, data released by the National Iranian Oil Products Distribution Company show.
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Publish Date: 25/December/2019 | 10:59

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 Iranian 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 Iranian 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