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Need to Move Afghanistan Higher on Foreign Policy Agenda

EghtesadOnline: It is essential for Iran to expand relations with neighboring Afghanistan due to its enormous trade potential that can help bolster the country's economy, an Iranian diplomat said.
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Publish Date: 08/October/2019 | 06:05

H1 Tea Production Exceeds 25K Tons

EghtesadOnline: A total of 111,818 tons of tea leaves have been purchased by the government from local farmers at 3.09 trillion rials ($26.98 million) in the first half of the current fiscal year (started March 21), according to the head of Iran Tea Organization.
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Publish Date: 07/October/2019 | 13:30

Tehran’s New Challenge: Land Subsidence

EghtesadOnline: The earth sinks in some plains in Tehran Province by about 0.5 to 1 millimeter every day, and conditions are more critical in Shahriar and Varamin counties in southwest and south Tehran, managing director of Tehran Regional Water Company said.
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Publish Date: 07/October/2019 | 13:28

Iran Celebrates World Space Week

EghtesadOnline: ICT Minister Mohammad Javad Azari Jahromi and directors of Iran’s space program kick-started a weeklong event that coincides with World Space Week.
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Publish Date: 07/October/2019 | 13:26

Budget Without Oil May Impair Stock Market Performance

EghtesadOnline: With US sanctions on the oil industry taking a toll on the economy, including the national budget, the government has again pledged to reduce dependency on oil exports to zero and prepare the next budget (March 2020-21) without oil revenues.
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Publish Date: 07/October/2019 | 13:34

Zanganeh: Iran Oil Exports Will Continue

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said Sunday Iran will use every possible method to sell its oil, adding that it is the country’s legitimate right.
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Publish Date: 07/October/2019 | 13:21

Shaparak Transactions Down 4%

EghtesadOnline: Transactions conducted through Iran’s payment settlement network, Shaparak, stood at 2.30 billion worth 2.505 trillion rials ($21.88 billion) during the sixth calendar month to September 22.
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Publish Date: 06/October/2019 | 14:15

Opportunity to End Iran-West Impasse Not Lost

EghtesadOnline: The opportunity provided by President Hassan Rouhani's visit to New York to end the deadlock between Tehran and the West was not missed, because the Iranian delegation left the door open for diplomacy, an observer says.
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Publish Date: 06/October/2019 | 14:14

Noticeable Decline in Liquid Fuel Consumption

EghtesadOnline: Consumption of environmentally-unfriendly liquid fuels like diesel and mazut in power plants and farming declined 31% over the past six years, the Oil Ministry's deputy for planning and economic affairs said.
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Publish Date: 06/October/2019 | 14:11

Air Pollution Control Scheme Under Magnifying Glass

EghtesaadOnline: Since a new traffic scheme was launched about 100 days ago in central Tehran for curbing traffic and air pollution, urban managers have ignited debates over its weak and strong points.
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Publish Date: 06/October/2019 | 14:09

Risk Retention Cap for Insurers Announced

EghtesadOnline: A report by the Central Insurance company of Iran (CII), rating domestic insurers based on their risk retention capacity, placed the state-owned Iran Insurance Company at the top of list.
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Publish Date: 06/October/2019 | 14:05

Case Against Higher Fuel Prices in Iran

EghtesadOnline: Although most energy officials, namely Oil Minister Bijan Namdar Zanganeh, say that raising gasoline prices would be the last resort to fight rampant smuggling and curtail rising consumption, several senior economists disagree.
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Publish Date: 06/October/2019 | 13:58

Tehran Stocks Open Slightly Higher

EghtesadOnline: Tehran stocks briefly touched the psychological level of 330,000 in early trading on Saturday, led by bank, pharmaceutical and auto shares, before reversing the course at the end of trading session.
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Publish Date: 06/October/2019 | 13:56

Bigger Loans for Real-Estate Developers

EghtesadOnline: Bank Maskan, the state-run agent bank of housing sector in Iran, granted 4,834 construction loans worth 3,659 billion rials ($31.95 million) to real-estate developers during the month ending Aug. 22, which indicate 82% and 33.7% growth in number and value respectively compared with last year's similar month.
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Publish Date: 06/October/2019 | 13:55

Pistachio Derivatives Market Opens Next Week

EghtesadOnline: Iran Mercantile Exchange plans to launch a pistachio futures contract in the coming week, a deputy at the IME said Saturday.
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Publish Date: 06/October/2019 | 13:53

Tehranis Exposed to More Polluted Air in September

EghtesadOnline: The residents of Iranian capital breathed in more toxic particles in September, as air quality deteriorated slightly compared with the corresponding month of last year, data released by Tehran Air Quality Control Company show.
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Publish Date: 05/October/2019 | 13:30

Online Platform Aims to Ease Investment in Startups

EghtesadOnline: Domestic financial services group Turquoise Partners unveiled an online system to ease investment in startups at Iran National Library late on Wednesday.
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Publish Date: 05/October/2019 | 13:28