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Iran's Rich-Poor Inflation Gap at 2%

EghtesadOnline: The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 2% in the eighth Iranian month (Oct. 23-Nov. 21), indicating a 0.2 percentage point decline compared with the previous month’s 2.2%.
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Publish Date: 30/November/2019 | 11:23

Europe in No Position to Trigger JCPOA Dispute Mechanism

EghtesadOnline: European parties to the 2015 nuclear deal are not authorized to use the dispute resolution mechanism within the agreement because Iran’s nuclear measures have been adopted based on its legitimate rights, an Iranian top diplomat said, in response to comments by France that it is seriously considering triggering the mechanism.
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Publish Date: 30/November/2019 | 11:18

Dalahoo Power Plant Adds 310 MW to Power Capacity

EghtesadOnline: The first 310 megawatt gas unit of Dalahoo Combined Cycle Power Plant in Eslamabad-e-Gharb County, Kermanshah Province, started operation on Tuesday.
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Publish Date: 27/November/2019 | 10:35

Failure to Join FATF Not in National Interest

EghtesadOnline: Iran's refusal to implement standards set by the global anti-money laundering watchdog will only play into the hands of the United States that is seeking further pretexts to build up pressure on Tehran, a political analyst said.
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Publish Date: 27/November/2019 | 10:32

No Intention to Exit Nuclear Accord

EghtesadOnline: Iran's steps to reduce its compliance with the 2015 nuclear deal are taken based on the provisions of the accord and under the supervision of the International Atomic Energy Agency, and do not signify the country's intention to pull out of the agreement, a lawmaker said.
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Publish Date: 27/November/2019 | 10:30

Tehran Home Prices Continue to Deflate

EghtesadOnline: Tehran’s home prices keep on falling despite the rise in the number of deals in the month leading to Nov. 21 compared with the preceding month, the Planning and Housing Economy Office of the Ministry of Roads and Urban Development reported.
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Publish Date: 27/November/2019 | 10:27

Euro, Dollar Extend Gains

EghtesadOnline: Price of the US dollar rose 2.45%, or 2,950 rials, on Tuesday to reach 123,480 rials in the Tehran market.
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Publish Date: 27/November/2019 | 10:25

10% Decline in Bounced Checks

EghtesadOnline: During the calendar month to October 22, approximately 618,000 checks worth 103 trillion rials ($845 million) bounced, according to a report by the Central Bank of Iran.
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Publish Date: 27/November/2019 | 10:17

Gasoline Use in Iran Declines After 12 Years

EghtesadOnline: Following the abrupt government decision to raise gasoline prices and sell it at two rates from November 15, consumption fell by at least 20% over a 10-day period, the National Iranian Oil Products Distribution Company (NIOPDC) announced Tuesday.
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Publish Date: 27/November/2019 | 10:16

UN Security Council Facing Credibility Crisis

EghtesadOnline: Iran's ambassador to the United Nations says the UN Security Council is facing a credibility crisis that has to be addressed through reforms.
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Publish Date: 27/November/2019 | 10:12

Iran, IAEA Set Up New Joint Projects

EghtesadOnline: Four technical cooperation projects between Iran and the International Atomic Energy Agency were approved during the agency’s board of governors meeting last week, according to Iran's envoy to the IAEA.
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Publish Date: 26/November/2019 | 11:24

SMEs Exports Rise 43% From March 21 to Oct. 7

EghtesadOnline: Small and medium-sized enterprises based in industrial parks across the country exported an estimated $1.5 billion worth of products from the beginning of the current Iranian fiscal year (started in March) to early October -- an increase of $450 million, or 43.27%, compared to last year’s corresponding period.
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Publish Date: 26/November/2019 | 11:16

Local Carmakers Cannot Pay Their Bills

EghtesadOnline: Local carmakers Iran Khodro and SAIPA, are deep in the red owing part makers 230 trillion rials ($1.9 billion) one official with Tehran Chamber of Commerce says.
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Publish Date: 26/November/2019 | 11:11

26,000 Tons of Gasoline on Offer at IRENEX

EghtesadOnline: The National Iranian Oil Products Distribution Company will offer 26,000 tons of gasoline on the Iran Energy Exchange on Tuesday.
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Publish Date: 26/November/2019 | 11:08

Crypto Miners Unimpressed by Gov’t Incentives

EghtesadOnline: The Energy Ministry's recently-announced discounts on power rates for authorized cryptocurrency miners seems to be not enough for making the business financially feasible.
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Publish Date: 26/November/2019 | 11:06

South Pars to Boost Gas Output by 11%

EghtesadOnline: Natural gas production in the giant South Pars Gas Field in the Persian Gulf will increase by 70 million cubic meters per day before the calendar year is out, managing director of Pars Oil and Gas Company, a subsidiary of state-owned National Iranian Oil Company that oversees the development of gas fields, said.
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Publish Date: 26/November/2019 | 11:04

Iran Signs MOU with CYRDAP on Rural and Agricultural Development: Official

EghtesadOnline: Hossein Shirzad, the deputy of the agriculture minister and chairman of the board of Central Organization for Rural Cooperatives of Iran (CORC), in a kick-off meeting with Tevita Taginavulau, the director-general of Center on Integrated Rural Development for Asia and the Pacific (CYRDAP), said CORC is ready and willing to cooperate with CYRDAP in the field of rural and agricultural development.
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Publish Date: 26/November/2019 | 06:49