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Iran ian Carmakers’ Woes Deepen

EghtesadOnline: Major Iran ian car companies are grappling with two main problems: lack of auto parts that have caused a sharp decline in production and a failure to clear the piling backlog of car orders they have presold months ago.
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Publish Date:19/May/2019 | 09:26

NIOC Calibrates Crude Oil Offer on Next IRENEX Sale

EghtesadOnline: In a move to facilitate crude oil sale on the Iran Energy Exchange, the National Iran ian Oil Company has adjusted some of its purchasing terms for the next round of offer scheduled for May 21.
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Publish Date:19/May/2019 | 09:23

Bank Maskan Home Purchase Loans Reach $775 Million

EghtesadOnline: Bank Maskan, the state-run agent bank of the housing sector, granted a total of 228,949 home loans worth 113.83 trillion rials ($775 million) in the last Iran ian year that ended on March 20, 2019.
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Publish Date:19/May/2019 | 09:21

EGFI Fosters Trade With Iraq

EghtesadOnline: The Export Guarantee Fund of Iran is stepping up efforts to promote non-oil exports to Iraq by offering lower premium rates and cheaper guarantee cover.
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Publish Date:19/May/2019 | 09:19

NDFI to Pay $10 Billion in Forex Loans

EghtesadOnline: The National Development Fund of Iran , the sovereign wealth fund, plans to lend $10 billion in foreign currency for private sector projects in the current fiscal (March 2019-20).
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Publish Date:19/May/2019 | 09:17

Amirkabir University to Launch Tech Complex

EghtesadOnline: Tehran-based Amirkabir University of Technology plans to launch a technology complex in collaboration with the state-owned Bank of Industry and Mine.
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Publish Date:18/May/2019 | 11:37

Iran , India Discuss Visa Facilitation

EghtesadOnline: Two days after the visit of Iran ian Foreign Minister Mohammed Javad Zarif, India held the 11th Consular Committee Meeting with Iran on Thursday to ease visa and legal issues for boosting bilateral ties.
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Publish Date:18/May/2019 | 11:35

Expert: Iran 's Expectations of Support Dampened by Turkey's Domestic Woes

EghtesadOnline: Renewed US sanctions on Iran have left Turkey walking a tight rope between protecting its national interests and observing the principles of good neighborliness, but Tehran cannot expect all-out support from Ankara as it is grappling with its own economic woes, says a political analyst.
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Publish Date:18/May/2019 | 11:30

Trump Tamps Down Talk of War With Tehran

EghtesadOnline: US President Donald Trump told his top advisers he does not want to get the United States involved in a war with Iran , three US officials said on Thursday.
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Publish Date:18/May/2019 | 11:28

Mapna Says Inactive Power Plants is Bad News

EghtesadOnline: In summer electricity generation reaches its peak in all power plants across the country. However, after the hot season is over, hardly 30% of the power stations operate, the managing director of Mapna Group said.
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Publish Date:18/May/2019 | 11:21

Ex-Minister Advocates Rationing of Essential Goods

EghtesadOnline: Rationing of essential goods is a less corruption-inducing approach in the current economic situation facing Iran , says Mostafa Hashemitaba, a veteran politician who served as industries minister for three years during the 1980-88 Iraq-imposed war.
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Publish Date:18/May/2019 | 11:18

Iran 's Azar Oilfield Output to Reach 65,000 bpd

EghtesadOnline: O​il production from Azar Oilfield is projected to reach 65,000 barrels per day in the second half of current fiscal that started in March, said the director of projects at the Oil Industries Commissioning and Operation Company.
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Publish Date:18/May/2019 | 11:11

Iran Fortifying Cyber Defenses

EghtesadOnline: By deploying a homegrown firewall, Iran is fully prepared to fend off Stuxnet-like cyberattacks, says ICT Minister Mohammad Javad Azari Jahromi.
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Publish Date:18/May/2019 | 11:10

Iran 's Mineral Trade Surplus Tops $320m

EghtesadOnline: Iran 's trade of mineral products recorded $323.33 million in surplus during the first month of the current fiscal year (March 21-April 20).
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Publish Date:18/May/2019 | 11:08

Iran 's Foreign Trade Conducted Mainly in Euro, Yuan

EghtesadOnline: Euro and the Chinese yuan topped the Central Bank of Iran 's list of subsidized currencies allocated for imports in the past 13 months, with USD at the bottom of the list.
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Publish Date:18/May/2019 | 11:06

Iran : More Import Bans Expected

EghtesadOnline: The import of 1,339 commodities was banned last year and plans are to add more to the list.
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Publish Date:18/May/2019 | 11:04

$18.7b of Iran 's Export Earnings Repatriated Last Year

EghtesadOnline: In the previous fiscal (March 2018-19) exporters repatriated $18.7 billion of their export earnings to the country, the Central Bank of Iran Governor Abdolnasser Hemmati wrote in an Instagram post Friday.
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Publish Date:18/May/2019 | 11:02

USDA Forecasts Growth in Iran ian Wheat Output

EghtesadOnline: Iran is estimated to produce 14.5 million tons of wheat during the fiscal 2018-19 (US local marketing year), to indicate a 3.57% rise compared with the year before, the United States Department of Agriculture's latest report shows.
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Publish Date:14/May/2019 | 24:05