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Gas Grid in Iran 's Southeast Regions in Expansion Mode

EghtesadOnline: In line with declared government policy to provide less-developed regions with natural gas, a thousand kilometers of gas pipelines will be laid for cities in Sistan-Baluchestan Province by 2021, managing director of Iran ian Gas Engineering and Development Company said.
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Publish Date:07/September/2019 | 24:13

$213m Salaf Securities Sold to Finance Oil Projects

EghtesadOnline: Standard parallel salaf contracts worth 25 trillion rials ($213.6 million) were sold in the Iran Energy Exchange Sept.3-4 to finance oil projects.
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Publish Date:07/September/2019 | 24:05

Iran 's Top Insurer Moves to Boost Capital

EghtesadOnline: The government-owned Iran Insurance Company plans to increase its capital from 34 trillion rials ($300 million) now to 100 trillion rials ($870 million) by the time the current calendar year is out in March 2020, said a board member of IIC.
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Publish Date:07/September/2019 | 24:03

Tehran Stock Exchange Grows 62% in Five Months

EghtesadOnline: Riding on the tailwind of huge liquidity inflow and the rising number of new investors in the past few months due to the absence of strong parallel markets, Iran ’s capital market is soaring as never before.
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Publish Date:07/September/2019 | 11:58

Forex, Iran 's Worst Performing Market Up Until July

EghtesadOnline: A report published by the economic research department of Tehran Chamber of Commerce, Industries, Mines and Agriculture show that the currency market was the worst-performing market in the first four months (March 20-July 22) of the present fiscal year.
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Publish Date:07/September/2019 | 11:56

Iran Gov’t Says More Cuts Likely in Cash Subsidy List

EghtesadOnline: The Ministry of Cooperatives, Labor and Social Welfare will initiate the identification of households belonging to the top three high-income deciles as of Sept. 23 to eliminate them from the list of cash subsidy receivers.
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Publish Date:07/September/2019 | 11:55

Chabahar Port Capacity Remains Largely Untapped

EghtesadOnline: Currently, only 10% of the capacity of Chabahar Port are being utilized, the deputy industries minister for commercial affairs said.
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Publish Date:07/September/2019 | 11:48

US-China Trade Conflict’s Likely Aftermath for Iran

EghtesadOnline: Will the US-China trade war grow to affect Iran ’s economy? Experts present two diverse perspectives on this escalating tension and its impact on Iran ’s economy. One group believes that because of Iran ’s small economic role in global trade, the country is highly unlikely to be seriously affected by the fallout of trade war whereas another group cites its strong ties with China to express concerns about the seemingly unending conflict’s negative consequences for Iran .
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Publish Date:07/September/2019 | 11:46

German Appointed New INSTEX Chief

EghtesadOnline: Another German diplomat was appointed president of the trade mechanism designed to settle trade between Iran and Europe, officially known as Instrument in Support of Trade Exchange (INSTEX).
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Publish Date:07/September/2019 | 11:43

Syria Central Bank Chief Meets Hemmati

EghtesadOnline: Central bank governors of Iran and Syria on Monday discussed bilateral banking issues and prospects for setting-up a joint bank to facilitate financial ties.
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Publish Date:04/September/2019 | 11:11

Unfair Tariffs Pushing Green Sector Over the Edge

EghtesadOnline: Despite the fact that in the past few years almost 50% of foreign direct investment in Iran ’s power sector was in green energy, some 200 companies active in the renewable sector are facing insolvency, board member of Iran Renewable Energy Association (IrREA) said Tuesday.
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Publish Date:04/September/2019 | 11:06

Iran , France to Intensify Efforts to Save JCPOA

EghtesadOnline: During expert-level consultations in Paris on Monday, Iran and France agreed to intensify efforts for devising solutions to rescue the fraying 2015 nuclear deal, formally known as the Joint Comprehensive Plan of Action.
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Publish Date:04/September/2019 | 11:04

Iran ’s Gini Index Up 2.8%

EghtesadOnline: Iran ’s Gini Index was at 0.4093 in the last fiscal year (March 2018-19), indicating that the gap between the rich and the poor increased by 0.0112 points or 2.8% compared with the year before (March 2017-18).
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Publish Date:04/September/2019 | 11:02

Iran : Eleven Million Trading Codes a Telling Evidence

EghtesadOnline: The number of trading codes issued for conducting trade in the capital market crossed 11 million by the end of the calendar month to August 22, according to the head of operations at the Central Securities Depository of Iran .
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Publish Date:04/September/2019 | 11:00

Iran 's NIGC Still Hopeful of Gas Deal With Pakistan

EghtesadOnline: The National Iran ian Gas Company does not intend to file a lawsuit against Pakistan in the International Court of Arbitration for not completing the Iran -Pakistan (IP) Pipeline on its territory, the head of the company said.
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Publish Date:04/September/2019 | 10:58

Russia to Help Build Power Plant in Hormozgan

EghtesadOnline: Iran ian and Russian energy ministers have emphasized accelerating the implementation of bilateral projects including a 1,400 megawatt thermal power plant in Sirik County in southern Hormozgan Province.
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Publish Date:04/September/2019 | 10:57

Tehran Stock Exchange Back in Bull Market

EghtesadOnline: Tehran stocks rebounded on Tuesday after a brief correction phase a day earlier, getting back to the upbeat trend that started two weeks earlier.
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Publish Date:04/September/2019 | 10:55

Jahromi Defends ICT Performance

EghtesadOnline: Iran ’s ICT minister has often come under fire from hardliners that he “has not done enough for blocking VPN and proxy services”.
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Publish Date:04/September/2019 | 10:53