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Iran 's Power Demand in Summer to Surpass 61 GW

EghtesadOnline: Load on the national power load is expected to increase by 5% in the current fiscal that started in March, a deputy managing director of Iran Power Generation, Distribution and Transmission Company (Tavanir) said.
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Publish Date:06/May/2019 | 14:11

Majlis to Probe CBI Performance

EghtesadOnline: Lawmakers on Sunday decided to look into the performance of the Central Bank of Iran during the past five years. The bank’s seemingly poor performance in regulating the currency market and the questionable activities of shadow banks are among the main motives behind the parliamentary move.
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Publish Date:06/May/2019 | 14:06

Iran : Future Gasoline Plan Put on Hold

EghtesadOnline: The plan to ration gasoline and increase fuel price has been suspended for now, spokesman for the Majlis Presiding Board told reporters on Sunday.
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Publish Date:06/May/2019 | 14:01

$4.5b in Iran 's Non-Oil Trade Surplus With ECO States

EghtesadOnline: Iran recorded $4.57 billion in non-oil trade surplus with nine other members of Economic Cooperation Organization during the last fiscal year (ended March 20, 2019).
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Publish Date:06/May/2019 | 13:58

ETFs Valued at $1.7 Billion in Iran

EghtesadOnline: The value of exchange-traded funds stood at 254.4 trillion rials ($1.7 billion) at the end of the first month (March 21-April 20) of the current fiscal, according to the Central Securities Depository of Iran .
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Publish Date:06/May/2019 | 13:56

Moscow Vows to Expand Nuclear Cooperation With Tehran

EghtesadOnline: Russia aims to promote cooperation with Iran , including in the nuclear sector, despite the threat of US extraterritorial sanctions, Russian Deputy Foreign Minister Sergey Ryabkov said.
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Publish Date:06/May/2019 | 13:54

Plan to Boost Safety of Ride-Hailing Passengers

EghtesadOnline: Tap30, the second most popular ride-hailing app in Iran , is planning to connect its security system directly to the police for improving the safety of passengers.
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Publish Date:05/May/2019 | 13:24

US Extends Some Nuclear Waivers, Revokes Others

EghtesadOnline: The United States on Friday renewed several sanctions waivers that allow Russia, China and European states to engage in civilian nuclear cooperation with Iran , but revoked the other two as it heightens pressure on Tehran.
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Publish Date:05/May/2019 | 13:22

Higher Exports Key to Countering Sanctions

EghtesadOnline: President Hassan Rouhani said Iran will work hard to maintain its oil sales and increase its non-oil exports to cushion the impact of harsh US sanctions.
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Publish Date:05/May/2019 | 13:19

Foreign Companies Continue Ties to Iran ’s Oil, Petrochem Sectors

EghteadOnline: Despite the new US sanctions and bullying, and concerns expressed by Dutch banks, Dutch companies are still cooperating with Iran ’s oil industry, said the head of the Dutch pavilion at the 24th Iran International Oil, Gas, Refining and Petrochemical Exhibition, May 1-4, in Tehran.
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Publish Date:05/May/2019 | 13:18

Iran 's Mining PPI Inflation at 50.9% Last Year

EghtesadOnline: The average Producer Price Index for the mining sector in the last fiscal year (ended March 20, 2019) increased by 50.9% compared with the year before to reach 349.9 (using 2011 as the base year).
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Publish Date:05/May/2019 | 13:13

36% Decline in Iran Free Trade Zone Imports

EghtesadOnline: A total of $1.28 billion worth of commodities were imported into Iran 's free trade zones in the last fiscal year (ended March 20, 2019) to register a 36.4% decline compared to the year before.
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Publish Date:05/May/2019 | 13:10

Gasoline Rationing Plan Is Crucial, But Not Enough

EghtesadOnline: Many say that in the current economic conditions resuming the gasoline rationing system to better manage (curb) fuel consumption is inevitable, but may not help much in preventing smuggling.
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Publish Date:05/May/2019 | 13:04

Central Bank of Iran : €2.2 Billion Sold Via Nima

EghtesadOnline: Since the beginning of the current fiscal (March 21) over 2.2 billion has been sold via the Integrated Forex Deal System, locally known as Nima, the Central Bank of Iran reported.
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Publish Date:05/May/2019 | 13:00

Iran 's Bank Branch Closures Continue

EghtesadOnline: Banks and credit institutions continue to reduce their local branches in the past three months, although the overall cuts are not significant, IBENA reported.
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Publish Date:04/May/2019 | 13:00

Plans to Counter ‘Economic Terrorism’

EghtesadOnline: Foreign Minister Mohammed Javad Zarif described the draconian US sanctions as "economic terrorism", stressing that Iran has devised plans to mitigate the impact of hostile measures.
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Publish Date:06/May/2019 | 14:13