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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

Bank Maskan Joins Regulated Forex Market

EghtesadOnline: State-owned Bank Maskan, the main lender in the housing sector, is to join the regulated forex market, head of the bank’s department for international affairs said Sunday.
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Publish Date:05/August/2019 | 24:12

Iran : Reasons for Employees Quitting Jobs

EghtesadOnline: The Ministry of Cooperatives, Labor and Social Welfare surveyed 1.9 million unemployed, from the nearly 3.3 million unemployed in the last fiscal year (2018-19), who held a job for 10 years and more, but became jobless in the past five years.
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Publish Date:05/August/2019 | 24:11

Iran Domestic Apparel Industry Operating at Half Capacity

EghtesadOnline: The production volume of Iran ’s apparel industry is half its nominal capacity, according to Reza Taziki, an official with the Ministry of Cooperatives, Labor and Social Welfare.
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Publish Date:05/August/2019 | 24:07

Power Outages End

EghtesadOnline: Power outages during peak hours declined by 98% since March to July compared to the same period last year, the Energy Ministry’s spokesman for the power department said.
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Publish Date:05/August/2019 | 24:05

MP: Fulfillment of Tehran's Demands Could Save Nuclear Deal

EghtesadOnline: Any suggestion of progress in talks between Iran and Europe on saving the 2015 nuclear deal is just a nicety, because the only way out of the current impasse is fulfillment of Tehran's major demands, a senior lawmaker says.
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Publish Date:05/August/2019 | 11:59

Iran Port Throughput Rises After Months of Decline

EghtesadOnline: More than 49.34 million tons of commodities were loaded and unloaded in Iran ’s commercial ports during the first four months of the current Iran ian year (March 21-July 22) to register a 1.87% rise compared with the corresponding period of last year.
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Publish Date:05/August/2019 | 11:57

Gasoline Self-Sufficiency Paves Way for Export

EghtesadOnline: The wildest dream of the National Iran ian Oil Refining and Distribution Company of self-reliance in gasoline production and export has finally come true.
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Publish Date:05/August/2019 | 11:55

Iran : Stock Market Outperforms in Q1

EghtesadOnline: A report by Tehran Chamber of Commerce, Industries, Mine and Agriculture shows the stock market was among the top-performing markets during the first quarter (March. 21-June. 20) of the current fiscal year compared to the Q1 of the previous year (March 2018-19).
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Publish Date:05/August/2019 | 11:53

UAE Prefers Diplomacy Over Conflict With Iran

EghtesadOnline: UAE Minister of State for Foreign Affairs Anwar Gargash said the UAE and Saudi Arabia prefer a political approach to their problems with Iran .
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Publish Date:05/August/2019 | 11:50

62% Rise in Cost of Tehran Construction Materials

EghtesadOnline: The general price index of construction materials for residential units in Tehran rose 62.2% in the first quarter of the current Iran ian year that ended on June 21 compared with last year's corresponding period.
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Publish Date:04/August/2019 | 13:09

Iran : Rial Revaluation Issue Returns

EghtesadOnline: The government on Wednesday approved a central bank proposal based on which four zeros will be shaved off and the national currency rial and the change from official rial to the popularly used toman.
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Publish Date:04/August/2019 | 13:08