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Iran Agrifood Trade Deficit Narrows

EghtesadOnline: Iran recorded an agrifood trade deficit of $3.64 billion for the 11 months to Feb. 19, 2019, which shows a 7.1% rise year-on-year.
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Publish Date:15/April/2019 | 14:19

Social Media Usership Growing in Iran

EghtesadOnline: The number of Iran ians using social media platforms reached 47 million in 2018 indicating an 18% year-on-year increase.
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Publish Date:15/April/2019 | 14:17

Europe Has No Excuse to Delay Activation of INSTEX

EghtesadOnline: Europe has no excuse for delaying the operationalization of its special payment channel, as Iran has now established the corresponding entity, Iran 's top diplomat said.
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Publish Date:15/April/2019 | 14:14

Opportune Time for Launching OMO

EghtesadOnline: Conditions have never been as favorable as they are now for the Central Bank of Iran to launch the much-touted Open Market Operation policy, a financial expert says.
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Publish Date:15/April/2019 | 14:07

Snow Cover Rises by 20% in Iran

EghtesadOnline: Snow cover in the western and northwest mountain basins has witnessed a 20% rise compared to last year.
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Publish Date:15/April/2019 | 14:05

Tehran Stock Market Scales New Highs

EghtesadOnline: Stocks hit all-time closing highs on Sunday encouraged by the previous day's landmark point when the benchmark index TEDPIX crossed the 195,000 points after more than six months. TEDPIX rose 0.45% helping the market end the second day of the week on a high note.
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Publish Date:15/April/2019 | 14:03

Iran Floods' Damages Estimated at $2.5b

EghtesadOnline: Recent floods in Iran are estimated to have caused up to 350 trillion rials ($2.5 billion) in damages so far, the interior minister said.
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Publish Date:15/April/2019 | 14:02

Filipino Minister Discusses Tech Ties

EghtesadOnline: Vice President for Science and Technology, Sorena Sattari and his Filipino counterpart Tanseco de la Pena signed an agreement in Tehran to boost scientific and technological collaboration.
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Publish Date:15/April/2019 | 13:59

Iran : 3.2m Unemployed in Fiscal 2018-19

EghtesadOnline: Iran ’s unemployment rate, the proportion of jobless population of those above 10 years, stood at 12% in the last Iran ian year (March 2018-19), indicating a 0.1% rise compared with the year before (March 2017-18).
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Publish Date:15/April/2019 | 13:57

Agreement to Crackdown on Dubious Bank Accounts in Iran

EghtesadOnline: The Central Bank of Iran and the prosecutor general have agreed to freeze fraudulent bank accounts that collect people's donations for the flood victims, the spokeswoman of Majlis Economic Commission said.
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Publish Date:15/April/2019 | 13:56

Central Bank of Iran Reactivates UAE Currency Channel

EghtesadOnline: After previously limiting foreign exchange transactions in the United Arab Emirates, the Central Bank of Iran has reportedly reactivated the remaining channels there to help increase hard currency supply inside the country.
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Publish Date:15/April/2019 | 13:54

Iran Oil and Gas Condensate Exports Higher in March

EghtesadOnline: Crude oil and gas condensate loading from Iran ian oil terminals, namely Kharg in the Persian Gulf, increased 12% to 1.70 million barrels per day in March, the highest since last October.
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Publish Date:14/April/2019 | 14:54

Tehran Home Prices Surge 71% in 2018-19

EghtesadOnline: Latest figures provided by the Planning and Housing Economy Office of the Ministry of Roads and Urban Development show the average price of each square meter of a home in Iran 's capital city, Tehran, stood at 82.41 million rials ($588) in the last Iran ian year (ended March 20, 2019), signaling a year-on-year surge of 71.1%.
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Publish Date:14/April/2019 | 14:52

Forex Rates Dip in Tehran Markets

EghtesadOnline: With last week's brief volatility behind, the currency market in Tehran experienced more stability on Saturday. The US dollar, which had surged above the resistance level of 140,000 rials last week, was traded for 137,000 rials in the open market.
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Publish Date:14/April/2019 | 14:51

IRISL Global Ranking Improves

EghtesadOnline: The Islamic Republic of Iran Shipping Lines’ global ranking based on the capacity of freight handling improved from 23rd in fiscal 2015-16 to 13th last year (March 2018-19), IRIB News quoted IRISL Managing Director Mohammad Saeedi as saying.
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Publish Date:14/April/2019 | 14:47

Bigger Penalties for Mobile Phone Driving in Iran

EghtesadOnline: In a renewed effort to curb the increasing number of road mishaps caused by the distraction of drivers speaking on cellphones, Traffic Police has announced tougher regulations to tame unruly motorists.
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Publish Date:14/April/2019 | 14:46

Pope Sends Aid to Flood-Stricken People in Iran

EghtesadOnline: Pope Francis has sent a large donation to assist tens of thousands of Iran ians who lost their homes and businesses in waves of severe flooding that began in mid-March.
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Publish Date:14/April/2019 | 14:44