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Iran ’s Budget Steers Clear of Oil Money

EghtesadOnline: Iran ’s 4,480-trillion-rial ($37.64 billion) budget for the current fiscal year (March 2019-20) is based on the sale of 300,000 barrels of oil per day, the deputy head of Plan and Budget Organization said.
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Publish Date:28/July/2019 | 11:52

Iraq Fears US Sanctions on Iran Will Affect Imports

EghtesadOnline: Iraq and Iran are neighbors: Around $25 million worth of Iran ian goods enter Iraq every day. But it is not clear what will happen when a three-month US waiver that allows Baghdad to trade with Tehran expires.
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Publish Date:28/July/2019 | 11:50

Tehran Residents to Get Blackout Alerts

EghtesadOnline: A smart system, called Shahab, has been launched by Tehran Province Electricity Distribution Company to notify customers of probable power outages in advance.
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Publish Date:27/July/2019 | 24:33

Majlis Terminates Compound Interest

EghtesadOnline: Parliament voted for a bill on Tuesday based on which compound interest on bank loans that matured by the end of last fiscal year (March 20, 2019) would be eliminated and debtors given until mid-February 2020 to repay their dues.
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Publish Date:27/July/2019 | 24:31

Iran Will Respond Positively If West Ends "Illegal" Moves

EghtesadOnline: Iran is not seeking confrontation with the West and will respond "proportionately" if the Europeans put an end to their "illegal" maritime moves, President Hassan Rouhani said on Wednesday.
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Publish Date:27/July/2019 | 24:28

Lavrov: Iran Part of Solution to Mideast Challenges

EghtesadOnline: Iran should become part of the solution to security issues in the Middle East, rather than being blamed for every problem that is taking place in the region, Russian Foreign Minister Sergey Lavrov said.
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Publish Date:27/July/2019 | 24:24

Pro-JCPOA Diplomat Named Interim IAEA Chief

EghtesadOnline: Romanian diplomat Cornel Feruta has become the interim head of the International Atomic Energy Agency until member states agree on a permanent successor to deceased Director General Yukiya Amano, the United Nations’ nuclear watchdog said on Thursday.
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Publish Date:27/July/2019 | 24:23

Iran Has Some Hope for Gas Deal With Pakistan

EghtesadOnline: Following the contract signed between Iran and Pakistan in 1999 to complete a gas pipeline to help address Pakistan’s electricity problems, Tehran has fulfilled its commitments regarding construction of the pipeline inside Iran ian territory.
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Publish Date:27/July/2019 | 24:21

Remote Regions in Lorestan Benefit From Green Energy

EghtesadOnline: Electricity demand in 12 remote towns in Khorramabad and Aligudarz counties in Lorestan Province is being met fully with the help of small-scale photovoltaic (PV) power stations, head of provincial electricity company said.
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Publish Date:27/July/2019 | 24:19

Tehran Stocks Enter Positive Territory

EghtesadOnline: After a one day hiatus, stocks rebounded into positive territory amid investor optimism over earnings reports of listed companies for the last calendar month that ended on July 22.
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Publish Date:27/July/2019 | 24:02

Shaparak Transactions Down 13%

EghtesadOnline: The monthly report of Shaparak payments and settlement network indicates 13.3% decline in value of transactions during the third month of the current fiscal year (started March 21) compared to a month earlier.
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Publish Date:27/July/2019 | 24:00

Decline in Iran 's Trade With Brazil

EghtesadOnline: Iran traded 200,905 tons of non-oil goods worth $46.34 million with Brazil during the first Iran ian month (March 21-April 20) to register a 127% growth in tonnage and a 29.14% decrease in value compared with last year’s corresponding month, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date:27/July/2019 | 11:59

GitHub Bans Iran -Based Users

EghtesadOnline: US-based code repository GitHub has curbed access for users from Iran citing US sanctions against the country.
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Publish Date:27/July/2019 | 11:54

Iran ian MPs Differ Over Raising Fuel Prices

EghtesadOnline: Although the three branches of government (executive, legislative and judicial) have come to the conclusion that gasoline prices should increase, there is still no consensus among MPs about the sensitive subject, a lawmaker said.
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Publish Date:27/July/2019 | 11:51

Errant Exporters Repatriate $20b Instead $40b

EghtesadOnline: July 22 was the end of a deadline set by the Central Bank of Iran for non-oil exporters to repatriate their currency earnings during the last fiscal year (March 2018-19) to the country.
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Publish Date:27/July/2019 | 11:48

Omani Foreign Minister Expected

EghtesadOnline: Oman's Foreign Minister Yusuf bin Alawi is to visit Tehran on Saturday to discuss bilateral ties, as well as regional and international issues with his Iran ian counterpart, Mohammad Javad Zarif.
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Publish Date:27/July/2019 | 11:45

Tehran Conference Promotes Regional ICT Collaboration

EghtesadOnline: Iran ’s ICT Minister Mohammad Javad Azari Jahromi hosted his counterparts from Russia, Azerbaijan and Turkey—Konstantin Noskov, Ramin Namiq Oglu Guluzade and Mehmet Cahit Turhan, respectively, over the past week for a multilateral conference.
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Publish Date:24/July/2019 | 10:21