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Iran : Steel Import, Export Down as Production, Consumption Rise

EghtesadOnline: An estimated 2.2 million tons of finished and semi-finished steel products were exported from Iran in the first three months (March 21-June 20) of the current fiscal year, showing 12.2% year-on-year decrease, according to a report released by the Iran ian Steel Producers Association.
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Publish Date:07/August/2019 | 24:23

Hemmati Supports Toman Against Rial

EghtesadOnline: Governor of the Central Bank of Iran says lopping off four zeros from the national currency will not impose additional costs on the government regarding printing banknotes.
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Publish Date:07/August/2019 | 24:21

Crypto Mining Rules Expounded

EghtesadOnline: The government says it recognizes mining of cryptocurrencies as an industrial undertaking and sent a directive to the relevant government bodies at the weekend.
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Publish Date:07/August/2019 | 24:18

Water Treatment Plant for County in Kohkilouyeh-Boyer-Ahmad

EghtesadOnline: A water treatment plant with a capacity of 1,200 cubic meters opened in underdeveloped Sarfaryab District in Charam County, Kohkilouyeh-Boyer-Ahmad Province, managing director of the provincial regional water company said.
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Publish Date:06/August/2019 | 24:53

Emergency Water Supply to Kerman in 2 Months

EghtesadOnline: The project to supply water to Kerman City, in southern Kerman Province, will be completed in two months, the managing director of the National Water and Wastewater Engineering Company said.
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Publish Date:06/August/2019 | 24:52

Cigarette Output Up, Smuggling Down

EghtesadOnline: A total of 12.7 billion cigarettes were produced in Iran during the first quarter of the current fiscal year (started March 21), registering a 33.7% increase compared with the corresponding period of last year, the Persian daily Etemad reported, citing the Ministry of Industries, Mining and Trade's data.
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Publish Date:06/August/2019 | 24:50

Paper Production Plummets

EghtesadOnline: A total of 233,300 tons of paper were produced in Iran during the first quarter of the current year (March 21-June 21), registering a 1.8% decline compared with the same period of last year.
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Publish Date:06/August/2019 | 24:49

Reasons Behind Falling Iran 's Exports to Iraq

EghtesadOnline: Iran ’s exports to the neighboring country Iraq have been on the decline since the last Iran ian month (June 22-July 22), says secretary-general of Iran -Iraq Chamber of Commerce.
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Publish Date:06/August/2019 | 24:48

Iran 's Non-Oil Trade With Pacific Alliance States Exceeds $13 Million

EghtesadOnline: Iran traded 7,225 tons of non-oil commodities worth $13.74 million with the member states of Pacific Alliance in the last fiscal year (ended March 20, 2019) to register a 95.68% and 72.73% fall in tonnage and value respectively compared with the year before.
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Publish Date:06/August/2019 | 24:39

Tehran Municipality to Issue $2.4b of Participatory Bonds

EghtesadOnline: Tehran City Council has ratified the issuance of participatory bonds worth 300 trillion rials ($2.4 billion) by the municipality to finance the expansion of the capital’s subway network.
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Publish Date:06/August/2019 | 24:37

Iran to Launch New Reefer Ship Services to Oman

EghtesadOnline: A reefer ship to carry perishable commodities such as fruits will be launched between Iran ’s Jask Port in Hormozgan Province and Omani ports for the first time in the near future, Iran ’s commercial attaché in Oman said.
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Publish Date:06/August/2019 | 24:36

Military Banks Merger in Progress

EghtesadOnline: The merger of five banks and credit institutions -- affiliated to military forces – with the state-owned Bank Sepah is in progress with the major tasks completed, CEO of the bank said.
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Publish Date:06/August/2019 | 24:26

Tehran Hosts Russian Mission for Boosting Grain Trading

EghtesadOnline: Iran ’s private sector representatives and members of Tehran Chamber of Commerce, Industries, Mines and Agriculture held a meeting on Sunday with a visiting Russian delegation from the Chamber of Commerce and Industry of the Republic of North Ossetia–Alania to discuss expansion of grain trade between Iran and Russia.
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Publish Date:05/August/2019 | 24:17