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Iran : Forex Dips Amid Low Demand

EghtesadOnline: The foreign exchange rate in Tehran has been on a declining trajectory since the beginning of the Iran ian week on Saturday, amid a noticeable decrease in demand for foreign currency.
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Publish Date:02/July/2019 | 10:25

Iran : Fuel Cards Coming

EghtesadOnline: In a new directive issued by the National Iran ian Oil Products Distribution Company, car and motorcycle owners have been advised to use their fuel cards at least once by July 22.
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Publish Date:02/July/2019 | 10:22

Construction Permits Decline in Q3

EghtesadOnline: The number of construction permits issued in Iran decreased during the third quarter of the last fiscal year that ended on Dec. 21, 2018, compared with the preceding quarter (ended Sept. 22, 2018), the Statistical Center of Iran 's latest report showed.
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Publish Date:01/July/2019 | 11:13

11th Tehran Auction on July 5

EghtesadOnline: The 11th Tehran Auction is scheduled for July 5 at the Parsian Azadi Hotel with 80 classic and modern works going on sale—23 of whom are by living artists.
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Publish Date:01/July/2019 | 11:07

18% Decline in Iran 's Non-Oil Trade With Afghanistan

EghtesadOnline: Iran traded 421,341 tons of non-oil goods worth $140.41 million with Afghanistan during the first Iran ian month (March 21-April 20), registering a 7.48% and 18.49% decline in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date:01/July/2019 | 11:03

Iran : Bank Deposits Rise 25%

EghtesadOnline: The latest data on deposits with banks and credit institutions indicate that total deposits stood at 20,673 trillion rials ($159 billion) by the end of the previous fiscal year’s last month (March 20, 2019).
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Publish Date:01/July/2019 | 11:01

Iran : Stock Market Outperforms

EghtesadOnline: A report by Tehran Chamber of Commerce, Industries, Mines and Agriculture shows that the value of equities traded in the stock market during the first two months of the current fiscal year (March 21-May 21) registered a whopping 566.5% growth compared with the same period of last year.
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Publish Date:01/July/2019 | 10:55

Bitcoin Mining Taking Toll on Iran Power Network

EghtesadOnline: The production of a single unit of bitcoin withdraws about 200 million rials ($1,400) in state subsidies, the Energy Ministry’s spokesman for the power department said.
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Publish Date:01/July/2019 | 10:53

Iran 's Non-Oil Exports to EU4 Up 11%

EghtesadOnline: Iran traded 4.19 million tons of non-oil commodities worth $6.27 billion with EU4 during the last Iran ian fiscal year (ended March 20) to register 21.8% and 24.24% decline in tonnage and value respectively compared to the year before.
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Publish Date:01/July/2019 | 10:51

No Intention to Quit JCPOA Despite Nuclear Rollbacks

EghtesadOnline: Europe should take further measures to ensure that the special trade channel set up to keep trade with Iran afloat satisfies Tehran's demands, a senior diplomat said on Saturday, while stressing that the country does not intend to leave the nuclear agreement.
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Publish Date:01/July/2019 | 10:49

Iran Parliament's Think Tank Has Misgivings About Scrapping USD

EghtesadOnline: The Majlis Research Center says a parliamentary bill wanting to scrap the US currency from Iran ’s overseas transactions would further add to the already detrimental effects of US sanctions targeting Iran ’s economy.
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Publish Date:30/June/2019 | 11:32

Kermanshah Refinery Leading Environmentally

EghtesadOnline: Kermanshah Oil Refinery has taken several measures to reduce its environmental pollutants and become one of the leading Iran ian refineries for promoting environmentally sound practices in recent years, the secretary-general of Oil Refining Industry Cooperative Association said.
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Publish Date:30/June/2019 | 11:28

Iran Will Not Surrender, US Talks Offer ‘Deception’

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Wednesday that Iran will not budge in the face of US escalating pressure, describing Washington's offer of dialogue as a "deception" to undermine the country's power.
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Publish Date:30/June/2019 | 11:27

Tehran Complains to UN Over Airspace Violation

EghtesadOnline: Iran has filed an official complaint to the United Nations over the aggression against its airspace by an American drone on the basis of Article 51 of the UN Charter, which allows military action in self-defense.
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Publish Date:30/June/2019 | 11:23

Rouhani: Iran Not Seeking War With Any Country

EghtesadOnline: Iran has no interest in heightening tensions in the region and is not seeking war with any country, including the United States, President Hassan Rouhani said in a phone call with his French counterpart, Emmanuel Macron, on Tuesday evening.
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Publish Date:30/June/2019 | 11:20

Mazandaran Rural Gas Network Expanding

EghtesadOnline: Expanding national gas grid in small towns and villages can help increase the wave of "reverse migration"—from bigger cities to nearby smaller towns and suburban areas.
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Publish Date:30/June/2019 | 11:16