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Hefty Gov’t Automotive Loan Embroiled in Technicalities

EghtesadOnline: The €844 million loan earmarked for local auto parts makers is yet to materialize, due to disagreements between automakers and state players, a deputy industries minister says.
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Publish Date:21/July/2019 | 10:18

28m People in Water-Stressed Regions

EghtesadOnline: Over 28 million people in Iran (about a third of the population) are living in water-stressed regions. Although this is still a large number causing serious concern, it has decreased by nearly 6.4 million compared to the past year due to good rainfall in the past months.
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Publish Date:21/July/2019 | 10:16

Iran 's PSEEZ Reports Higher Petrochemical Exports

EghtesadOnline: An estimated 1.5 million tons of petrochemicals were exported to Asia, Europe and Africa from Pars Special Economic Energy Zone, southeast of Bushehr Province, between May 22 and June 21, the head of customs office at PSEEZ said Saturday.
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Publish Date:21/July/2019 | 10:15

Zarif in Venezuela to Attend NAM Confab

EghtesadOnline: Foreign Minister Mohammad Javad Zarif arrived in Caracas, Venezuela, early on Saturday to address a high-level meeting of Non-Aligned Movement.
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Publish Date:21/July/2019 | 10:11

Iran 's Q1 Jump in Jobs Under Scrutiny

EghtesadOnline: The Iran ian economy generated 321,000 jobs in the first quarter of the current Iran ian year (March 21-June 21), indicating a 0.1% growth compared with the same period of last year, the Statistical Center of Iran announced in its latest report.
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Publish Date:21/July/2019 | 10:09

Iran Plans to Localize Imported Products Worth $10 Billion

EghtesadOnline: Iran plans to localize the production of imported parts and equipment worth $10 billion by the end of next fiscal year (March 2021), says Minister of Industries, Mining and Trade Reza Rahmani.
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Publish Date:21/July/2019 | 10:06

UK-Flagged Tanker Caused Accident, Ignored Distress Calls

EghtesadOnline: A British-flagged oil tanker seized by Iran in the Strait of Hormuz has been taken to a nearby port for further investigations, a senior official said on Saturday, adding that the vessel had caused an accident but ignored distress calls.
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Publish Date:21/July/2019 | 10:04

Water Level Rising in Urmia Lake

EghtesadOnline: Around 2.46 billion cubic meters of water has been released from dams in West Azarbaijan Province into Lake Urmia since the beginning of the current water year (last September), managing director of the provincial Regional Water Company said.
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Publish Date:21/July/2019 | 10:01

Iran 's Investment Climate Less Secure Last Autumn

EghtesadOnline: Results of a study by the Majlis Research Center, the research arm of the parliament, indicate a decline in the security climate for investment and business last autumn (Sept-Dec 2018) compared to the summer of that year.
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Publish Date:21/July/2019 | 10:00

4 Nations Discuss Regional ICT Pact

EghtesadOnline: ICT ministers of Iran , Russia, Azerbaijan and Turkey discussed the creation of a regional pact on information and communications technology.
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Publish Date:20/July/2019 | 11:00

Iran : Provincial Home Sales Buck the Trend

EghtesadOnline: Barring Tehran, the housing sales news was encouraging across all Iran ian provinces in the last fiscal year (March 2018-19).
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Publish Date:20/July/2019 | 10:57

Checks Worth $7.3b Drawn in 1 Month

EghtesadOnline: Data released by the Central Bank of Iran show that more than 6.5 million checks worth 842 trillion rials ($7.32 billion) were exchanged in the third month of the current fiscal year to June 21.
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Publish Date:20/July/2019 | 10:55

Democrats Call for Returning to Iran Nuclear Deal

EghtesadOnline: As tensions rise with Iran , lawmakers in the Democratic-controlled US House of Representatives introduced a resolution to urge the Trump administration to reenter the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action.
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Publish Date:20/July/2019 | 10:54

Missile Program Non-Negotiable Under Any Condition

EghtesadOnline: Iran has rejected an interpretation of Foreign Minister Mohammad Javad Zarif's recent comments as indicating the country's willingness to talk over its missile program with the United States, reiterating that its defense capability is not negotiable.
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Publish Date:20/July/2019 | 10:52

US "Terrorizing" Iran ians for Political Gains

EghtesadOnline: The United States aims to strike fear in the hearts of Iran ians to advance its political agenda, Foreign Minister Mohammad Javad Zarif said, while adding that the current deadlock between Tehran and Washington could be resolved through implementation of the nuclear deal.
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Publish Date:20/July/2019 | 10:50

Iran Denies US Destruction of Its Drone

EghtesadOnline: Iran rejected US President Donald Trump's claim about the downing of an Iran ian drone by an American naval ship on Thursday in the Strait of Hormuz.
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Publish Date:20/July/2019 | 10:48

Rouhani: Efforts to Rescue Nuclear Deal Must Continue

EghtesadOnline: Although the United States’ intensified sanctions against Iran will impede efforts by the remaining parties to the 2015 nuclear deal to salvage the fraying agreement, any last chance need to be used properly, President Hassan Rouhani said.
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Publish Date:20/July/2019 | 10:47

Onus on Trump to Ease Tensions

EghtesadOnline: The United States "shot itself in the foot" by pulling out of the nuclear accord with Iran , Foreign Minister Mohammad Javad Zarif said, adding that the burden falls on US President Donald Trump to ease tensions between the two countries.
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Publish Date:20/July/2019 | 10:45

Plan to Use Debit Cards to Buy Fuel Suspended

EghtesadOnline: So long as gasoline is not rationed, the plan to use bank debit cards as fuel cards is pointless and will not be implemented for now, the National Iran ian Oil Products Distribution Company announced in a new directive.
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Publish Date:20/July/2019 | 10:41