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Dispute Resolution Mechanism for Startups in the Making

EghtesadOnline: The Iranian Judiciary and Iran E-Commerce Union are working on a dispute resolution mechanism for addressing issues facing startups, the union’s spokesperson said.
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Publish Date: 28/October/2019 | 24:48

Iran Retains 10th Rank Among Global Steelmakers

EghtesadOnline: Iranian steel mills produced a total of 19.31 million tons of crude steel during January-September, which indicates a 6% rise compared with the corresponding period of 2018, the latest report released by the World Steel Association shows.
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Publish Date: 28/October/2019 | 24:46

Tea Harvest Season Ends, Gov’t Processed Output Rises 11%

EghtesadOnline: This year’s tea harvest season has come to an end and the government purchased a total of 126,753 tons of green tea leaves from local farmers at 3.43 trillion rials ($30.66 million), the head of Iran Tea Organization said.
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Publish Date: 28/October/2019 | 24:43

SCI Reviews Provincial Consumer Inflation Rates

EghtesadOnline: The growth in overall Consumer Price Index was the highest (3.4%) for Kerman Province in the seventh month of the current Iranian year (Sept. 23-Oct. 22) when compared with the previous month.
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Publish Date: 28/October/2019 | 24:42

Tehran Stock Exchange Deals Hit $18b in 7 Months

EghtesadOnline: More than 599.9 billion shares worth 2,027 trillion rials ($18.1 billion) were traded in 51.42 million deals in the Tehran Stock Exchange during 140 trading sessions in the first seven months of the current fiscal year (started in March).
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Publish Date: 28/October/2019 | 24:40

10% Decline in Precipitation

EghtesadOnline: Since the beginning of the current water year (September 23) precipitation has declined 10% compared to last year. Average rainfall in the 31 provinces was 6 millimeters in the period.
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Publish Date: 26/October/2019 | 14:51

Top Insurer Wants Bigger Market Footprint

EghtesadOnline: Iran Insurance Company, the largest and sole state-owned insurance company, is struggling to increase its share of the market from 30% to 50%.
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Publish Date: 26/October/2019 | 14:50

More ‘Decisive’ Nuclear Steps Likely If Europe Fails to Act

EghtesadOnline: Iran is likely to take more "decisive" measures if the European signatories to the 2015 nuclear deal fail to fulfill their obligations, says a political analyst, who believes it would be a "strategic" mistake if Europe decides to trigger sanctions snapback.
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Publish Date: 26/October/2019 | 14:46

Compliance With FATF Rules Can Improve Economic Prospects

EghtesadOnline: Implementing standards set by the global anti-money laundering watchdog can help improve Iran’s economic conditions and financial transparency, says an expert, who believes that introducing the required reforms is not a top priority for decision-making authorities.
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Publish Date: 26/October/2019 | 14:45

Ankara-Moscow Deal on Syria a Positive Step Toward Peace

EghtesadOnline: The Iranian Foreign Ministry said on Wednesday that the deal between Turkey and Russia to end the conflict with Kurdish fighters in northern Syria is a "positive step" toward restoration of peace and stability in the region.
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Publish Date: 26/October/2019 | 14:43

NAM Could Pioneer Change for a Better Multipolar Future

EghtesadOnline: The bloc of non-aligned nations could usher in a new era in this interconnected world, if its members appreciate the ground realities and take advantage of the means available to advance their agenda, President Hassan Rouhani said on Friday.
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Publish Date: 26/October/2019 | 14:40

Small-Scale Gachsaran Power Plant Linked to Network

EghtesadOnline: The first small-scale power plant with distributed generation system operated by the Khuzestan Regional Electric Company has joined the national electricity grid, the managing director said.
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Publish Date: 26/October/2019 | 14:39

Iran's Seven-Month Box Office Earnings Rise 16 Percent

EghtesadOnline: Iran's box office earnings in the first seven months of the current Iranian year (March 21-Oct. 22) stood at 1.92 trillion rials ($17.18 million) to register an increase of 267.94 billion rials ($2.39 million) or 16.17% compared with last year’s similar period.
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Publish Date: 26/October/2019 | 14:36

Bounced Checks on the Rise

EghtesadOnline: Bounced checks registered a monthly increase of 6.4% up until the sixth calendar month to September 22, the Central Bank of Iran reported.
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Publish Date: 26/October/2019 | 14:35

Iran Mercantile Exchange Growth 6% in 1 Month

EghtesadOnline: The total value of commodities traded at the Iran Mercantile Exchange increased 6% during the seventh month (Sep.23- Oct. 23) of the current fiscal year compared to a month earlier.
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Publish Date: 26/October/2019 | 14:34

IKCO Releases Two-Month Sale Report

EghtesadOnline: Iran Khodro Company (IKCO), the country's biggest car manufacturer, has announced that in the past two months, it has sold over 50,000 cars.
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Publish Date: 26/October/2019 | 14:28

Iran's Consumer Inflation at 42%

EghtesadOnline: The average goods and services Consumer Price Index in Iran for the 12-month period ending Oct. 22 increased by 42% compared with last year’s corresponding period.
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Publish Date: 26/October/2019 | 14:25

Iran Transportation Sector's Energy Consumption Alarming

EghtesadOnline: A Majlis Research Center survey has revealed that total energy produced in Iran annually is equal to energy produced by burning 1.8 billion barrels of crude oil, of which 25% is consumed in the transportation sector.
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Publish Date: 26/October/2019 | 14:23

Iran's H1 Copper Exports at 56K Tons

EghtesadOnline: Iran exported a total of 56,000 tons of copper during the first six months of the current Iranian year (March 21-Sept. 22), according to the managing director of the National Iranian Copper Industries Company.
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Publish Date: 26/October/2019 | 14:20