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Iran 's Gasoline Consumption at All Time High

EghtesadOnline: Gasoline consumption between 2011 and 2017 has shot up 50% that (regretfully) is big enough to be registered in the Guinness World Record, the National Iran ian Oil Refining and Distribution Company's CEO said.
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Publish Date:23/July/2019 | 09:57

Iran : $60m Deal for Auto Localization

EghtesadOnline: Major Iran ian automotive companies and 32 parts makers from the private sector signed a $60 million deal on Saturday to curb the auto industry’s reliance on foreign suppliers.
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Publish Date:23/July/2019 | 09:55

Central Bank of Iran Reports Growth in Deposits, Loans

EghtesadOnline: A report on loans made by and deposits with banks and credit institutions says total deposits stood at 20,825 trillion rials ($173 billion) at the end of the first calendar month to April 20.
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Publish Date:23/July/2019 | 09:52

Knowledge-Based Companies Unveil Medical Products

EghtesadOnline: Eight medicinal products developed by an Alborz-based tech company were unveiled in a ceremony attended by Vice President for Science and Technology Sorena Sattari.
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Publish Date:22/July/2019 | 11:29

Britain Needs to Contain Forces Seeking to Exploit Tanker Rift

EghtesadOnline: Iran on Sunday urged Britain to prevent "domestic" forces from exploiting the rift between the two countries over seizure of oil tankers to escalate bilateral tensions, but said it is ready for any scenario.
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Publish Date:22/July/2019 | 11:28

NAM States Urged to Help Uphold Int’l Order

EghtesadOnline: Members of the Non-Aligned Movement need to join forces to maintain the lawful international order that is under threat more than any time today, Foreign Minister Mohammad Javad Zarif said.
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Publish Date:22/July/2019 | 11:26

Oil Tanker Released From Jeddah Port

EghtesadOnline: The Iran ian oil tanker ‘Happiness 1’ that was held at Jeddah port in Saudi Arabia for over two months has been released.
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Publish Date:22/July/2019 | 11:21

Yazd Gas Grid Expanding to Mountain Regions

EghtesadOnline: Gas supply to Yazd Province has been expedited and almost 90% of its small towns and villages are now connected to the national gas grid, managing director of the provincial gas company said.
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Publish Date:22/July/2019 | 11:19

Kerman Water Project Near Completion

EghtesadOnline: The project to transfer drinking water from Safa Rud Dam to Kerman City in southern Kerman Province will be completed in two weeks, managing director of Kerman Regional Water Company said.
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Publish Date:22/July/2019 | 11:15

Iran 's Smart Meter Program Making Headway

EghtesadOnline: Five million energy-intensive agricultural, household and commercial units will be equipped with smart electricity meters during the second phase of the National Smart Metering Program (known as Faham in Persian).
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Publish Date:22/July/2019 | 11:14

Quarterly Reports Lift Stocks in Tehran

EghtesadOnline: Following a weeklong lethargic performance, Tehran stocks rallied on Sunday as investor sentiment was boosted by seasonal financial reports released by major commodity companies.
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Publish Date:22/July/2019 | 11:11

Iran Capital Market Worth $102 Billion

EghtesadOnline: Total market capitalization of Iran ’s four bourses (Tehran Stock Exchange, Iran Fara Bourse, Iran Mercantile Exchange and Iran Energy Exchange) reached 12,282 trillion rials ($102.3 billion) by the end of third Persian month to June 21 -- up 9.3% compared to a month earlier.
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Publish Date:22/July/2019 | 11:09

Elecomp 2019 Wraps Up With a Flurry of Activity

EghtesaadOnline: The 25th International Exhibition of Electronics, Computers and e-Commerce (Elecomp 2019) wrapped up on Sunday with a flurry of activity and numerous photo ops for officials.
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Publish Date:22/July/2019 | 11:07

Iran Pistachio Exports Top $14m in One Month

EghtesadOnline: A total of 1,618 tons of pistachio worth $14.68 million were exported from Iran during the first month of the current Iran ian year (March 21-April 20), the Islamic Republic of Iran Customs Administration announced.
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Publish Date:22/July/2019 | 11:05

New Aviation Radars Covering Tehran Skies

EghtesadOnline: Two strategic radar projects for Tehran’s sky, namely Monopulse Secondary Surveillance Radar and Primary Surveillance Radar, became operational in a ceremony on Sunday, at a radar site called "Kooshk Bazm" along Tehran-Qom Freeway.
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Publish Date:22/July/2019 | 11:03

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