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Iran to Take New Nuclear Steps Unless Europe Acts Fast

EghtesadOnline: Tehran may further reduce its compliance with the 2015 nuclear deal in two weeks, unless European governments move to save the agreement by shielding the Iran ian economy from US sanctions, a senior official said on Sunday.
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Publish Date:24/June/2019 | 24:08

Iran 's Non-Oil Trade Surplus With APEC Tops $420m

EghtesadOnline: Iran traded 4.39 million tons of non-oil commodities worth $1.81 billion with member economies of Asia-Pacific Economic Cooperation during the first Iran ian month (March 21-April 20) to register a 29.41% growth in tonnage and a 24.24% decline in value compared with last year’s same month.
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Publish Date:24/June/2019 | 11:54

We Cannot Afford High Power Consumption

EghtesadOnline: Iran ’s actual power generation is 59,000 megawatts and network load is projected to surpass 61 GW in summer. The 2,000 MW deficit will have to be compensated by load shedding and outages that will affect industries and households unless consumption declines in the hot season.
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Publish Date:24/June/2019 | 11:52

Iran Startup Ecosystem at the Crossroads of Immigration

EghtesadOnline: With the Iran ian economy in shambles and the shadow of war looming on the horizon, a large segment of the young workforce employed in the Iran ian startup ecosystem is mulling immigration.
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Publish Date:24/June/2019 | 11:46

Visa-Free Regime for Chinese Tourists

EghtesadOnline: The Cabinet has approved no-visa policy for Chinese tourists visiting Iran , the deputy head of Iran Cultural Heritage, Handcraft and Tourism Organization said.
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Publish Date:30/June/2019 | 10:57

Iran Tourism Grows 1.9% to Account for 6.5% of GDP

EghtesadOnline: Iran 's travel and tourism sector grew at 1.9% to contribute 1,158 trillion rials ($8.83 billion) or 6.5% of overall GDP and 1.334 million jobs (5.4% of total employment) to the economy in 2018.
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Publish Date:24/June/2019 | 11:44

Iran 's NIOC Should Expand Options for Selling Oil

EghtesadOnline: Exporting crude under conditions when new US sanctions are intimidating traditional customers is a difficult undertaking and the National Iran ian Oil Company should explore all alternatives to export oil, a lawmaker said.
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Publish Date:24/June/2019 | 11:41

Iran : Consumer Prices Up 50% YOY

EghtesadOnline: Consumer inflation in Iran registered a year-on-year increase of 50.4% in the Iran ian month ending June 21, compared with the similar month of last year, the Statistical Center of Iran reported.
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Publish Date:24/June/2019 | 11:38

Iran : New Trade Monitoring System Planned

EghtesadOnline: Governor of the Central Bank of Iran says a new trade monitoring system is in the offing to complement the Integrated Forex Deals System (known by its Persian acronym Nima).
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Publish Date:24/June/2019 | 11:36

Iran Condemns Attack on Baghdad Shia Mosque

EghtesadOnline: The Foreign Ministry strongly condemned the Friday terrorist act on a Shia Muslim mosque in Baghdad, which killed and wounded tens of Iraqis.
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Publish Date:23/June/2019 | 09:03

Methanol Firms Climbing the Value Chain

EghtesadOnline: Global methanol demand will grow by 6.5% in the next three years based on data from Methanex, the world’s largest producer and supplier of methanol.
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Publish Date:23/June/2019 | 09:02

World Leaders Call on Iran and US to Exercise Restraint

EghtesadOnline: A new escalation in tensions between Iran and the United States has prompted global alarm and a plea for both countries to exercise restraint and pursue diplomacy rather than going down the path of confrontation.
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Publish Date:23/June/2019 | 08:59

Iran ’s Economic Slowdown Explained

EghtesadOnline: The recession predicted for the last fiscal year (March 2018-19) turned out to be deeper than expected and proved to be worse than what can be blamed on causes of economic contraction.
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Publish Date:23/June/2019 | 08:58

Central Bank of Iran : 3 Ways to Plug Budget Holes

EghtesadOnline: The Central Bank of Iran is trying to find ways to plug the budget deficit and avoid printing more money, says the CBI governor Abdolnaser Hemmati.
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Publish Date:23/June/2019 | 08:56

Alternative Ways to Provide Water to Mobarakeh Steel Co.

EghtesadOnline: The project to transfer wastewater from nine counties in Isfahan Province to Mobarakeh Steel Company -- Iran 's biggest steelmaker located in the same province -- was launched on Friday.
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Publish Date:23/June/2019 | 08:53

Iran 's Non-Oil Trade With E7 at $2.2 Billion in 1 Month

EghtesadOnline: Iran traded 5.3 million tons of non-oil commodities worth $2.25 billion with the E7 group of countries during the first Iran ian month (March 21-April 20) to register a 46.47% rise in tonnage and a 1.93% decrease in value compared with last year’s same month.
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Publish Date:23/June/2019 | 08:51

New Tehran Traffic Scheme Takes Off

EghtesadOnline: A new scheme for tackling traffic and air pollution in the central parts of the Iran ian capital was inaugurated on Saturday, the director of Tehran Municipality’s Transport and Traffic Organization said.
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Publish Date:23/June/2019 | 08:50

FATF Extends Suspension of Counter-Measures

EghtesadOnline: The Financial Action Task Force, the global anti-money laundering watchdog, decided on Friday to continue the suspension of counter-measures against Iran until October.
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Publish Date:23/June/2019 | 08:48

SCI Reviews Changes in Iran 's Q4 Land, Home, Rent Prices

EghtesadOnline: The Statistical Center of Iran has published a new report on home and land prices, in addition to rents, showing all have increased significantly across the country during the fourth quarter of the last Iran ian year (December 22, 2018-March 20).
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Publish Date:23/June/2019 | 08:46

7,500 Imported Cars to Hit Iran ian Roads

EghtesadOnline: A two-year tussle between Iran ian auto importers and government officials is coming to a close, with 7,500 imported vehicles receiving permits to hit the domestic roads.
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Publish Date:23/June/2019 | 08:43