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Impact of US Sanctions on Iran Steel, Iron Exports Limited

EghtesadOnline: Fresh US sanctions against Iranian steel exports are likely to have little impact because pricing remains attractive to Asian buyers, Iran-based sources told S&P Global Platts.
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Publish Date: 18/January/2020 | 24:49

3 Insurance Brackets Exempt From VAT

EghtesadOnline: The Majlis has voted in favor of including life insurance policies in the list of goods and services exempt from value-added tax.
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Publish Date: 18/January/2020 | 24:44

Satellite Zafar Ready for Launch

EghtesadOnline: Satellite Zafar, designed by Iran University of Science and Technology, has been delivered to Iran Space Agency and is ready for launch.
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Publish Date: 18/January/2020 | 24:43

Iran Air to Launch Flights to Rome on Feb. 3

EghtesadOnline: Iran’s flag carrier airline will launch flights to Italy’s capital, Rome, from Feb. 3 upon the increasing requests of Iranians living in Rome.
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Publish Date: 18/January/2020 | 24:41

Bank Pasargad Could Open Branch in Mumbai

EghtesadOnline: Foreign Minister Mohammad Javad Zarif said Iran and India are discussing ways to address the remaining bilateral issues ahead of Bank Pasargad’s plan for opening a branch in Mumbai, that country’s commercial capital.
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Publish Date: 18/January/2020 | 24:39

Mistrust of European Powers Underlined

EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei reiterated his mistrust of European powers with regard to the 2015 nuclear deal, saying they have now proven to be totally at the beck and call of the United States.
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Publish Date: 18/January/2020 | 24:37

Hemmati Defends Currency Control Policy

EghtesadOnline: Governor of the Central Bank of Iran says the bank has had at its disposal few policy options to address problems that have plagued the economy for years and came to the surface after the US imposed new sanctions in late 2018.
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Publish Date: 18/January/2020 | 24:30

Top Iran, Syria Officials Call for Enhancing Ties

EghtesadOnline: Syrian Prime Minister Imad Khamis and President Hassan Rouhani met in Tehran on Tuesday and stressed the need to enhance Tehran-Damascus cooperation in all sectors, including trade.
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Publish Date: 15/January/2020 | 11:23

Tehran, Doha on Course for Stronger Relations

EghtesadOnline: Rising tensions in the region occasioned a visit by the Qatari emir to Iran, during which the two sides stressed the need for increased cooperation in various sectors, including trade, politics, tourism, security and development projects.
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Publish Date: 15/January/2020 | 11:18

Iran: Land Under Wheat Cultivation Reaches 6 Million Hectares

EghtesadOnline: Land under wheat cultivation in Iran has reached 6 million hectares in the current cultivation season (started late September of 2019), according to latest data released by the Agriculture Ministry.
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Publish Date: 15/January/2020 | 11:10

Iran's Iron Ore Concentrate Output Grows 3% in Nine Months

EghtesadOnline: A total of 35.43 million tons of iron ore concentrate were produced in Iran during the first nine months of the current Iranian year (March 21-Dec. 21) to register a 3% growth compared with the corresponding period of the year before.
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Publish Date: 15/January/2020 | 11:08

Iran's Manjil Wind Power Making Its Mark

EghtesadOnline: Electricity generated in Manjil wind farm in Gilan Province (with an installed capacity of 90 megawatts), surged 80% in 2019 compared to the year before, head of the provincial power company said.
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Publish Date: 15/January/2020 | 11:05

Europeans Trigger JCPOA Dispute Resolution Mechanism

EghtesadOnline: The three European parties to the 2015 nuclear deal on Tuesday referred Iran’s compliance issue to the agreement’s Joint Commission under the dispute resolution mechanism set out in paragraph 36 of the accord, formally called the Joint Comprehensive Plan of Action.
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Publish Date: 15/January/2020 | 11:00

Stocks a High Rewarding Investment in Iran

EghtesadOnline: The total value of trade in Iran’s stock market registered a year-on-year growth of 118.5% during the first eight months of the current fiscal year, yielding the highest return compared to other preferred markets.
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Publish Date: 15/January/2020 | 10:57

Iran's CB Adjusts Cap on Future Regulated Forex Market

EghtesadOnline: With the aim to facilitate trade in the anticipated regulated foreign exchange market, the Central Bank of Iran raised the ceiling of planned daily forex trade fivefold.
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Publish Date: 15/January/2020 | 10:54

Expert Expects No Major Shift in Oman Foreign Policy

EghtesadOnline: Oman's deeply conservative culture, along with a fear of domestic unrest, will prompt the Arab country to retain its long-held values of peacemaking after the loss of its long-serving leader, a Middle East expert said.
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Publish Date: 14/January/2020 | 24:13

Gas Delivery to Power Plants Cut by Half

EghtesadOnline: Natural gas delivery to thermal power plants has halved with the aim of sustaining and stabilizing natural gas supply to households in the winter season, director for technical support at the Thermal Power Plants Holding Company said.
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Publish Date: 14/January/2020 | 24:11