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PMI Report Points to Business Downtrend

EghtesadOnline: The latest industrial purchasing managers’ index (PMI) surveys indicate that the Iran ian economy relapsed to stagnation in the month ending June 21, despite a flurry of activity in many sectors during the previous month.
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Publish Date:10/July/2019 | 24:10

Bombed Tanker Shipping Fuel to Iran

EghtesadOnline: An oil tanker damaged in a bombing off the UAE port of Fujairah in May is back in business. The ship’s first destination: Iran .
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Publish Date:09/July/2019 | 09:50

Bandar Abbas Oil Refinery to Improve Quality of Products

EghtesadOnline: The expansion and construction of new units, especially for improving the quality of heavy oil products such as diesel, are on the agenda of Bandar Abbas Oil Refinery Company, its managing director said.
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Publish Date:09/July/2019 | 09:49

Tehran Stocks Rally Continues

EghtesadOnline: Cheered by the seasonal performance report of listed companies, stocks in Tehran’s market continued to extend earlier gains on Monday, amid the weak performance of world stocks.
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Publish Date:09/July/2019 | 09:46

Sardasht Hydroelectric Power Plant to Add 150 MW to Nat’l Grid

EghtesadOnline: The first unit of Sardasht Hydroelectric Power Plant in Sardasht County, West Azarbaijan Province, will go on stream by the weekend, the managing director of Iran Water and Power Resources Development Company said on Monday.
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Publish Date:09/July/2019 | 09:44

Iran 's Q1 Unemployment Dips to 10.8%

EghtesadOnline: Iran ’s unemployment rate, the proportion of jobless population of ages 10 years and above, stood at 10.8% in the first quarter of the current Iran ian year (March 21-June 21), indicating a 1.3% decrease compared with the same period of last year.
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Publish Date:09/July/2019 | 09:43

Iran Open to Diplomacy But Will Defend Rights

EghtesadOnline: Iran remains open to diplomacy to save the 2015 nuclear deal but will continue to defend its rights, two senior officials said on Monday, adding that the country will reverse its recent nuclear steps if its demands are met.
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Publish Date:09/July/2019 | 09:41

Liquidity Crossed $144 Billion by March 20

EghtesadOnline: The latest data released by the Central Bank of Iran indicate that total liquidity crossed 18,828 trillion rials ($144.8 billion) by the end of the last fiscal year (ended March 20, 2019).
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Publish Date:09/July/2019 | 09:38

1 killed, Over 100 Injured in Masjed Soleyman Quake

EghtesadOnline: An earthquake measuring 5.7 degrees on the Richter scale jolted Masjed Soleyman County in the southwestern province of Khuzestan on Monday morning, killing one person, injuring over 100 people and causing extensive damage to buildings.
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Publish Date:09/July/2019 | 09:36

5% Growth in Iran Steel Output

EghtesadOnline: Iran ian steel mills produced a total of 10.62 million tons of crude steel during the first five months of 2019, up 5.5% compared with 2018’s corresponding period, the latest report released by the World Steel Association shows.
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Publish Date:09/July/2019 | 09:32

Foreign Debts Decline 7%

EghtesadOnline: Iran ’s overseas debts have declined from $10.03 billion reported at the end of the fiscal third quarter (Dec. 21, 2018) to $9.3 billion by the end of the fourth quarter (March 20, 2019), indicating a 7% decline.
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Publish Date:09/July/2019 | 09:30

Elecomp 2019 Set to Curb Paper Consumption

EghtesadOnline: To outline plans for the 25th International Exhibition of Electronics, Computers and e-Commerce (Elecomp 2019), Iran IT Organization and the ICT Guild Organization held a conference in Tehran on Saturday.
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Publish Date:08/July/2019 | 09:22

France Ready to Redouble Efforts to Save Nuclear Deal

EghtesadOnline: French President Emmanuel Macron said in a phone conversation with President Hassan Rouhani on Saturday that Paris is ready to maximize its efforts to preserve the 2015 nuclear deal, particularly by working to accommodate Iran 's demand for an end to the American economic war.
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Publish Date:08/July/2019 | 09:18

Hajj Flights Begin

EghtesadOnline: More than 86,500 Iran ian pilgrims will be flown to Saudi Arabia as of Monday, July 8.
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Publish Date:08/July/2019 | 09:17

Iran 's Exports to Iraq Reach $2.5b in 100 Days

EghtesadOnline: Iran exported $2.5 billion worth of commodities and services to neighboring Iraq during the 100 days ending July 1, registering an increase of 20% compared with last year’s corresponding period.
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Publish Date:08/July/2019 | 09:12