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Zarif Meets Kazakhstan’s Nazarbayev in Nursultan

EghtesadOnline: Iranian Foreign Minister Mohammad Javad Zarif and Kazakhstan’s former president, Nursultan Nazarbayev, held talks in Nursultan on Tuesday.
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Publish Date: 13/November/2019 | 10:12

Residential Rents in Iran Urban Areas Rise 23% YOY in Summer

EghtesadOnline: The residential rent index in Iran's urban areas (using the Iranian year to March 2017 as the base year) stood at 151.9 in summer, the second quarter of the current Iranian year (June 22-Sept.22), indicating a 23.1% rise compared with the same quarter of last year.
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Publish Date: 13/November/2019 | 10:06

Iran's Non-Oil Foreign Trade Falls 8% to $49.5 Billion

EghtesadOnline: Iran's non-oil foreign trade (except for crude oil, mazut, kerosene and exports via suitcase) during the first seven months of the current Iranian year (March 21-Oct. 22) stood at $49.57 billion, indicating an 8.37% decline compared with last year's corresponding period, the Islamic Republic of Iran Customs Administration reported.
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Publish Date: 13/November/2019 | 10:05

Private Renewable Energy Companies Can Export Power

EghtesadOnline: In line with plans to attract investments for green energy projects, the private sector has been authorized to export electricity generated via renewables, head of Renewable Energy and Energy Efficiency Organization said Tuesday.
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Publish Date: 13/November/2019 | 10:03

Iran Life Insurance Growth Impressive

EghtesadOnline: Insurance companies generated 66 trillion rials ($584 million) from life insurance policies in the last fiscal year (ended March 2019), indicating 42.3% increase compared to the year before.
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Publish Date: 13/November/2019 | 09:59

Iran's H1 Mineral Exports Rise 11% to $3.8b

EghtesadOnline: Iran exported 15.8 million tons of mineral products worth $3.89 billion during the first half of the current Iranian year (March 21-Sept. 22) to register a 27.3% and 11.7% growth in tonnage and value respectively compared with last year’s corresponding period, Elaheh Mokri, an official with the Trade Promotion Organization of Iran, said.
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Publish Date: 13/November/2019 | 09:58

Majlis Election HQ Opens

EghtesadOnline: The headquarters of the upcoming parliamentary elections was officially inaugurated during a ceremony in Tehran on Monday in the presence of Interior Minister Abdolreza Rahmani Fazli.
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Publish Date: 12/November/2019 | 24:11

EU Ministers Discuss Ways of Keeping Nuclear Deal Alive

EghtesadOnline: European Union foreign ministers on Monday debated ways of keeping the Iran nuclear deal alive after Tehran increased its enrichment work last week as part of a plan to reduce compliance with the accord.
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Publish Date: 12/November/2019 | 24:09

Value of ETFs Up 7%

EghtesadOnline: A monthly report by the Central Securities Depository of Iran shows that the value of exchange-traded funds crossed 184 trillion rials ($1.6b) by the end of the last calendar month to October 22.
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Publish Date: 12/November/2019 | 24:08

Lower Cosmetics Consumption Despite Growth in Spending

EghtesadOnline: Iranian households’ spending on cosmetics increased in the last Iranian year [ended March 20, 2019] compared with the year before, but consumption shows a decline due to inflation, the Persian economic daily Donya-e-Eqtesad reported, citing the Statistical Center of Iran's data.
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Publish Date: 12/November/2019 | 24:06

Iran’s Mineral Reserves at 55b Tons

EghtesadOnline: Iran has 55 billion tons of mineral reserves, about 33 billion tons of which are proven, according to the head of Geological Survey and Mineral Exploration of Iran.
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Publish Date: 12/November/2019 | 24:05

Toxic Smog Puts Tehran on Alert

EghtesadOnline: Outdoor physical exercises in all school grades have been cancelled until Friday (Nov. 15), as the sprawling city experienced its seventh consecutive day of dangerously high air pollution levels.
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Publish Date: 12/November/2019 | 24:03

Iran's New Oilfield Named ‘Namavaran’

EghtesadOnline: Following the announcement of a huge oil field discovery in the southwest at the weekend, Oil Minister Bijan Namdar Zanganeh said Monday that the new oilfield in Khuzestan Province has been named ‘Namavaran’.
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Publish Date: 12/November/2019 | 24:00

Iran Risks Losing Afghan Market to Turkey

EghtesadOnline: Turkey is now overtaking Iran’s place in commercial exchanges with Afghanistan due to economic restrictions imposed by the Islamic Republic in the face of sanctions, says the head of Iran-Afghanistan Chamber of Commerce.
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Publish Date: 12/November/2019 | 11:56

Iran's CB Catalogs Forex Given for Imports

EghtesadOnline: Soon after a call by President Hassan Rouhani, the Central Bank of Iran has published a report on its website that sheds light on the amount of subsidized currency allocated for importing essential goods and machinery in the first five months (March 21-August 22, 2018) of the last fiscal year.
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Publish Date: 12/November/2019 | 11:51

Low-Enriched Uranium Output Boosted by Fordow Restart

EghtesadOnline: Iran’s nuclear chief said on Monday that the country is now producing more low-enriched uranium daily, after restarting the underground facility at Fordow.
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Publish Date: 12/November/2019 | 11:49

Zahedan Power Plant Connected to National Gas Grid

EghtesadOnline: Close to 2,000 kilometers of high/mid/low-pressure gas pipes have been laid in Sistan-Baluchestan Province over the last two years, head of Iranian Gas Engineering and Development Company said.
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Publish Date: 11/November/2019 | 24:40

East Azarbaijan Lacks Power Infrastructure

EghtesadOnline: Despite installed power generation capacity surpassing 80 gigawatts and exports to some neighboring states, several industrial townships in East Azarbaijan Province are deprived of electricity due to lack of infrastructure, the provincial deputy governor general for civil affairs said.
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Publish Date: 11/November/2019 | 24:38