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Third-Party Vehicle Insurance Disliked

EghtesadOnline: CEO of the government-owned Iran Insurance Company says the fact that insurer has to pay 20% of third party vehicle premiums to relevant bodies has given rise to prospects for loss-making.
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Publish Date:25/August/2019 | 11:26

Leader Recommends Ways of Reinforcing Economy

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Wednesday that bolstering the economy by reducing reliance on oil and promoting small- and medium-sized enterprises can help the country use sanctions to its advantage.
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Publish Date:25/August/2019 | 11:23

Enemies' Illogicality Makes Defense Development Imperative

EghtesadOnline: Iran is ready for dialogue but cannot stop the development of its defense capabilities, especially since the enemies do not understand "logic", President Hassan Rouhani said on Thursday, as a domestically built air defense system was unveiled.
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Publish Date:25/August/2019 | 11:21

Zarif: Nuclear Talks With France ‘Constructive’

EghtesadOnline: Foreign Minister Mohammad Javad Zarif met with French President Emmanuel Macron in Paris on Friday and held talks on salvaging the 2015 nuclear deal, which he described as "constructive".
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Publish Date:25/August/2019 | 11:19

Iran ian Child Cancer Patients Hit by US Sanctions

EghtesadOnline: Learning your child’s cancer has come back, adding to the agony, the cocktail of drugs four-year old Mahdi needs to stay alive simply isn’t available. His mom says Mahdi is her only child, conceived after 13 years of trying.
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Publish Date:25/August/2019 | 11:17

Iran Oil Company Cutting Dependency on Foreign Equipment, Parts

EghtesadOnline: National Iran ian Drilling Company, a subsidiary of the National Iran ian Oil Company, is collaborating with 230 local manufacturers, especially in Khuzestan Province, to indigenize drilling equipment, the company’s managing director said.
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Publish Date:25/August/2019 | 11:16

Rural Gas Grid Has New Customers

EghtesadOnline: In line with the government's goal of linking 90% of suburban homes to the national gas network by 2022, the grid is passing through rugged mountain areas in Yazd, Gilan, Kurdestan, Semnan and Fars provinces.
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Publish Date:25/August/2019 | 11:12

Iran Steel Production Rises 8% to 15m Tons

EghtesadOnline: Iran ian steelmakers produced a total of 15.61 million tons of steel products during the first four months of the current Iran ian year (March 21-July 22) to register an 8% year-on-year increase, the Iran ian Steel Producers Association's latest report shows.
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Publish Date:25/August/2019 | 11:11

DRI Output Rises to 9.4m Tons

EghtesadOnline: A total of 9.46 million tons of direct-reduced iron were produced in Iran during the first four months of the current Iran ian year (March 21-July 22), indicating a 10% rise compared with last year’s similar period, the Iran ian Steel Producers Association's latest report shows.
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Publish Date:25/August/2019 | 11:08

20% Discount in Customs Duties at Small Ports

EghtesadOnline: Cargo owners who choose to transport their goods via small ports will be entitled to a 20% discount in customs duties, says Mohammad Ali Hassanzadeh, the deputy head of Ports and Maritime Organization of Iran .
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Publish Date:25/August/2019 | 11:06

Public Transportation Gets a Boost in Tehran, Qom

EghtesadOnline: From adding new vehicles to the public bus fleet to purchasing new wagons for the subway, urban managers across Iran are taking measures for tackling air pollution and facilitating the daily commute of citizens.
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Publish Date:25/August/2019 | 10:39

Iran ian SMEs Financial Reports Boost Share Value

EghtesadOnline: Amid investor enthusiasm about monthly financial reports of listed companies, benchmark of the Tehran Stock Exchange soared more than 1.4% on Saturday.
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Publish Date:25/August/2019 | 10:38

Zarif to Visit East Asian States

EghtesadOnline: Foreign Minister Mohammad Javad Zarif is to set off on a tour of China, Japan and Malaysia at the head of a delegation on Sunday as part of an initiative to pursue “proactive” and “balanced” diplomacy.
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Publish Date:25/August/2019 | 10:36

INTA Waives Penalties on Unpaid Tax

EghtesadOnline: Iran ian National Tax Administration said Saturday that it is giving defaulters until the end of current calendar year (March 20) to clear their liabilities.
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Publish Date:25/August/2019 | 10:33

Rouhani Calls for Unity to ‘Dishearten’ Enemies

EghtesadOnline: The unity of the Iran ian nation could make the enemies realize that their hostile policies will never bear any fruit, President Hassan Rouhani said on Saturday, as Cabinet members renewed their allegiance to the ideals of the late founder of the Islamic Republic.
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Publish Date:25/August/2019 | 10:29

SCI: Iran 's Inflation Crosses 42%

EghtesadOnline: The average goods and services Consumer Price Index in the 12-month period ending Aug. 22 increased by 42.2% compared with last year’s corresponding period, the Statistical Center of Iran 's latest report shows.
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Publish Date:25/August/2019 | 10:27

Iran , China Expanding Tech Ties

EghtesadOnline: An Iran ian delegation will visit China later this year to discuss the expansion of bilateral tech ties to bolster collaborations between innovative knowledge-based companies and startups.
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Publish Date:19/August/2019 | 10:43

Preparations Underway for Countrywide Web, Mobile Festival

EghtesadOnline: Isfahan Chamber of Commerce hosted a tech and startup event over the Iran ian weekend, as part of a push by organizers of Iran Web and Mobile Festival to expand its reach to provinces.
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Publish Date:19/August/2019 | 10:41