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Bankers Want to Delay Reforms

EghtesadOnline: In a recent meeting with lawmakers, chief executives of banks expressed their opposition towards implementation of banking sector reforms.
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Publish Date: 09/October/2019 | 11:20

Iran Oil Sector Potential Not Fully Exploited

EghtesadOnline: The oil industry has been a driving force for local upstream and downstream companies including private enterprise working for or related to oil in some form or fashion.
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Publish Date: 09/October/2019 | 11:16

No Serious US Interest to Reach Agreement

EghtesadOnline: Mediation efforts to resolve the dispute between Iran and the United States during the United Nations General Assembly last month did not succeed, because Washington showed no serious interest in clearing the way for an agreement, Iran's top diplomat said.
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Publish Date: 09/October/2019 | 11:11

Incoming Top EU Diplomat Commits to Save JCPOA

EghtesadOnline: The Spanish official set to become the European Union's point man on Iran says the 2015 nuclear deal with Tehran must be preserved.
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Publish Date: 09/October/2019 | 11:09

Iran Agricultural Exports Reach $5b in Six Months

EghtesadOnline: Iran exported agricultural products worth $5 billion in the first half of the current fiscal year (March 21-Sept. 22), around 50% of which, amounting over $2.5 billion, pertained to orchard crops.
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Publish Date: 08/October/2019 | 13:04

Diplomat Upbeat on Regional Ties

EghtesadOnline: An Iranian diplomat expressed optimism about the prospects of Tehran's relations with regional states, citing the recent display of willingness by Iranian and Saudi officials to resolve disputes through dialogue.
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Publish Date: 08/October/2019 | 13:01

Saudi Aramco Buys More Indian Naphtha to Plug Gap

EghtesadOnline: Saudi Aramco’s trading arm bought 70,000 tons of naphtha from Indian Oil Corp on Friday at premiums not seen since 2013 as it seeks to plug a supply gap following Sept. 14 attacks on its facilities, trade sources said on Monday.
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Publish Date: 08/October/2019 | 24:55

10-Year Review of Iran-Africa Trade

EghtesadOnline: A review of Iran’s commercial exchanges with African countries during the 10 years to March 20, 2019, shows Iran witnessed the highest level of trade in the fiscal 2017-18 at $1.2 billion.
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Publish Date: 08/October/2019 | 24:47

Major Refiner Evolves With Euro-5 Gasoline

EghtesadOnline: Lavan Oil Refinery has started producing gasoline compliant with Euro-5 standards, the managing director said.
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Publish Date: 08/October/2019 | 24:46

Tehran Determined to Ensure Regional Peace

EghtesadOnline: The Iranian government is determined to work toward improving peace and stability in the Middle East to build a strong and prosperous region, the government spokesman said.
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Publish Date: 08/October/2019 | 24:44

Can Water Markets Help Iran?

EghtesadOnline: Managing limited resources of water has long been a challenge not only to water users but also policymakers in most countries. Iran is no exception.
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Publish Date: 08/October/2019 | 24:42

Iran's Q2 Unemployment Drops 1.8% to 10.5%

EghtesadOnline: Iran’s unemployment rate, the proportion of jobless population of ages 15 years and above, stood at 10.5% in the second quarter of the current Iranian year (June 22-Sept. 22), indicating a 1.8% decrease compared with the same period of last year.
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Publish Date: 08/October/2019 | 24:40

11 Iranian PSPs Among Global Acquirers

EghtesadOnline: Eleven Iranian payment service provider companies are among the world’s top 150 acquirers, according to the latest report by Nilson Report Magazine, a journal specializing in payment industry news and statistics.
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Publish Date: 08/October/2019 | 24:38

Turkey’s Halk Bank Will Continue Managing Iran Trade

EghtesadOnline: Halk Bank of Turkey will continue to handle Iran’s commercial transactions despite the mounting US pressure, Turkish ambassador to Iran told the head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture Monday.
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Publish Date: 08/October/2019 | 24:36

Local Tech Firms to Upgrade Meteorological Organization

EghtesadOnline: Tapping the capabilities of tech firms and knowledge-based companies in Iran is gaining momentum in various fields, including industrial production, urban development, road construction and weather forecast.
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Publish Date: 08/October/2019 | 06:21

An Overview of Iranian Banks’ Tech Priorities

EghtesadOnline: Iran’s banking sector, for a variety of reasons, has failed to keep up with the rapid pace of technological advancement in most countries since early 2000. However, lenders have resorted to some new approaches towards banking and financial technologies in their quest for not being left too far behind. But much more needs to be done.
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Publish Date: 08/October/2019 | 06:18

Iran's Non-Oil Foreign Trade Tops $42b

EghtesadOnline: Iran's overall non-oil foreign trade (except crude oil, mazut, kerosene and exports via suitcase trade) during the first half of the current Iranian year (March 21-Sept. 22) stood at $ 2.16 billion, indicating a 8.07% decline compared with same period of last year, the Islamic Republic of Iran Customs Administration reported.
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Publish Date: 08/October/2019 | 06:14

Commercial Real-Estate Sector Slumps in Tehran

EghtesadOnline: The glut of shopping malls across some districts of the Iranian capital city over the past few years has practically ended in deadlock for retailers, such that even food courts and movie theaters fail to spur sale.
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Publish Date: 08/October/2019 | 06:11