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$27b Repatriated Via Iran 's Secondary Currency Market in 1 Year

EghtesadOnline: Approximately $27.5 billion was repatriated by non-oil exporters to the secondary currency market known locally as Nima (Integrated Forex Deals System) since the fifth month of last calendar year (July 23-August 22, 2018) up until now, the central bank governor said Tuesday.
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Publish Date:31/July/2019 | 10:42

Iran 's NIDC Releases 5-Month Report

EghtesadOnline: The National Iran ian Drilling Company has drilled and repaired 51 onshore and offshore oil and gas wells since the beginning of the current fiscal in March, the company’s deputy managing director for drilling affairs said.
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Publish Date:31/July/2019 | 10:40

Iran 's Q1 Business Index Improves

EghtesadOnline: Iran ’s business environment saw a modest improvement in the first quarter of the current fiscal year (March 21-June 21) compared with the previous quarter, a quarterly survey undertaken by Iran Chamber of Commerce, Industries, Mines and Agriculture shows.
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Publish Date:31/July/2019 | 10:34

Power Plant in West Tehran Raises Output

EghtesadOnline: A new gas unit in Tarasht Thermal Power Plant west of Tehran came on line Monday, managing director of Iran 's Thermal Power Plants Holding Company said.
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Publish Date:31/July/2019 | 10:31

Siemens Gas Turbine Maintenance Undertaken by Iran ian Engineers

EghtesadOnline: Iran has acquired the know-how to repair Siemens gas turbines and local engineers can now carry out all the maintenance work of the turbines, head of the National Iran ian Gas Transmission Company said.
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Publish Date:31/July/2019 | 10:30

Iran , Iraq to Set Up Joint Investment Fund

EghtesadOnline: Securities and Exchange Organization of Iran and the Iraqi Securities Commission signed a memorandum of understanding to create a joint investment fund.
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Publish Date:31/July/2019 | 10:28

1,100km Pipeline to Link Jask Port to Oil Terminal in Bushehr

EghtesadOnline: Construction of a 1,100km 42-inch diameter pipeline to transfer crude oil to the southeastern port of Jask in Hormozgan Province is going ahead as planned, managing director of the Petroleum Engineering and Development Co. said Tuesday.
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Publish Date:31/July/2019 | 10:25

Subsidized Foreign Currency: Bane of Pharma Industry

EghtesadOnline: The Iran ian government’s policy of granting subsidized foreign currency at the rate of 42,000 rials per US dollar to import pharmaceuticals and medical equipment is distorting the economic process and its furtherance will prove counterproductive, as it will impede the development of the industry.
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Publish Date:31/July/2019 | 10:22

New Chief at INSTEX

EghtesadOnline: lBernd Erbel, 72, a German diplomat and a former head of his country’s mission in Iran (Oct. 2009-2013) has been appointed as the new president of Iran -EU trade mechanism, known officially as the Instrument in Support of Trade Exchange (INSTEX).
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Publish Date:31/July/2019 | 10:18

Iran Propylene Output to Rise 300 Percent

EghtesadOnline: To increase the share of value-added exports, the National Petrochemical Company’s propylene output is expected to increase by 3 million tons or 300% over the next five years, the head of the company said Monday.
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Publish Date:30/July/2019 | 11:50

Health Professionals Given Deadline to Apply for POS Machines

EghtesadOnline: Job holders in the healthcare sector, including physicians, paramedics, pharmacists and veterinarians, whose licenses are issued by the Ministry of Health and Medical Education, Iran Medical Council and Iran Veterinary Organization, need to register for Point of Sale machines with the Iran ian National Tax Administration.
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Publish Date:30/July/2019 | 11:48

Iran 's Interaction With Neighbors on Trans-Border Rivers

EghtesadOnline: Iran 's declared policy regarding trans-border rivers and shared water resources is to interact with neighbors within the framework of bilateral agreements and build technical and diplomatic cooperation, head of the Energy Ministry’s department of border rivers and joint water sources said.
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Publish Date:30/July/2019 | 11:44

Beijing Pursues Long-Term Strategic Ties With Tehran

EghtesadOnline: China regards expansion of relations with Iran as highly important and pursues a policy of "long-term strategic" ties with Tehran, a senior Chinese diplomat said on Monday.
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Publish Date:30/July/2019 | 11:40

Iran Government Legalizes Cryptocurrency Mining

EghtesadOnline: After months of speculation over the fate of mining and trading cryptocurrencies in Iran , the government late on Sunday announced that it recognizes mining cryptocurrency as a legal industrial activity.
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Publish Date:30/July/2019 | 11:37

Health Tourists Visiting Iran Hit Record High in Four Months

EghtesadOnline: A record high of 600,000 health tourists visited Iran during the first four months of the current Iran ian year (March 21-July 21), equaling the total number of health tourists who paid a visit to the country in the last fiscal year (March 2018-19), according to the deputy head of Iran Health Tourism Promotion Association of Iran .
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Publish Date:30/July/2019 | 11:35

More ‘Transparency’ in Nuclear Talks

EghtesadOnline: A more "transparent" atmosphere has been created in diplomatic efforts aimed at saving the 2015 nuclear deal, but Iran is still waiting for practical steps by Europe, a senior official said on Monday.
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Publish Date:30/July/2019 | 11:29

Iran 's Trade With EU Nosedives 76%

EghtesadOnline: Trade between Iran and EU member states during the first five months of 2019 stood at €2.05 billion to register a 76.31% plunge compared with last year’s corresponding period.
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Publish Date:29/July/2019 | 11:22