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Barley Production Expected to Rise

EghtesadOnline: Over 3.3 million tons of barley are estimated to be produced in Iran in the current fiscal year (March 2019-20) to register a 10% increase compared to the previous year, the director general of Agriculture Ministry's Grains and Basic Goods Department said.
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Publish Date:07/May/2019 | 11:26

Iran 's Q4 Red Meat Output Down 23%

EghtesadOnline: A total of 81,500 tons of red meat were produced in Iran during the fourth quarter of last Iran ian year (Dec. 22, 2018-March 20) to register a 23% decline compared with the similar period of the year before.
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Publish Date:07/May/2019 | 11:24

India Envoy, ICCIMA Chief Discuss Banking Issues

EghtesadOnline: India’s government is holding talks with a new bank to facilitate trade with Iran and process Iran /India transactions. The new bank is set to work in tandem with UCO bank, according to Gaddam Dharmendra, India’s ambassador to Iran .
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Publish Date:07/May/2019 | 11:22

Need to Avoid Playing Into US Hands

EghtesadOnline: While the United States is seeking to prompt Tehran to show an extreme reaction, Iran ian authorities need to remain alert not to fall into this trap, according to an analyst.
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Publish Date:07/May/2019 | 11:19

Domestic Company Manufactures LPG Storage Tanks

EghtesadOnline: The know-how to build liquefied petroleum gas (LPG) storage tanks has been indigenized by a private company, managing director of Panahsaz-e- Iran Engineering Company said Monday.
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Publish Date:07/May/2019 | 11:17

Iran 's Electricity PPI Inflation at 4.74% Last Year

EghtesadOnline: The overall Producer Price Index of the electricity sector (using 2011 as the base year) stood at 126.24 in the last fiscal year (ended March 20, 2019), indicating a 4.74% growth over the year before.
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Publish Date:07/May/2019 | 11:13

Heads of Iran , Europe Trading Channels to Meet

EghtesadOnline: Members of the European financial mechanism company known as INSTEX [Instrument in Support of Trade Exchanges] and its Iran ian counterpart will join talks between Iran and the five signatories of the Iran nuclear deal today (Tuesday) in Brussels.
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Publish Date:07/May/2019 | 11:11

Water Levels in Iran Dams Rise 300%

EghtesadOnline: Since the beginning of the current water year last September, the volume of water flowing into the country's dams has reached 64.08 billion cubic meters, up 300% compared to 16.15 bcm last year.
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Publish Date:07/May/2019 | 11:05

Iran 's Forex Policy Mismatch: Analysis

EghtesadOnline: If there has been an acute need for structural reforms and fiscal probity in Iran it is now. Much has been said and written about the role, compulsion and significance of transparency and openness in functioning economies.
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Publish Date:07/May/2019 | 11:00

Iran to Increase Land Under Cotton Cultivation

EghtesadOnline: Land under cotton cultivation will increase by 20% to stand at 80,000 hectares in the current Iran ian year (started March 21), the deputy agriculture minister said.
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Publish Date:06/May/2019 | 14:25

Startup Weekend Focuses on Women in Tech

EghtesadOnline: A three-day startup weekend titled In-Tech was held at Azadi Innovation Factory in Tehran from May 1-3, mainly focusing on the participation of women in tech.
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Publish Date:06/May/2019 | 14:24

ICCIMA Surveys State Entities Shaping Business Environment

EghtesadOnline: Iran Chamber of Commerce, Industries, Mines and Agriculture is conducting a survey into the performance of organizations and agencies of three branches of the government (legislative, judiciary and executive) that have a hand in shaping Iran ’s business environment.
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Publish Date:06/May/2019 | 14:23

AloPeyk on Expansion Spree

EghtesadOnline: At a time when most Iran ian startups are devising damage control strategies to weather economic headwinds caused by US sanctions, Iran ’s major online package delivery firm has launched an expansion program with the support of Turquoise Partners.
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Publish Date:06/May/2019 | 14:21

Increase in Iran 's Bureaux de Change

EghtesadOnline: An update on licensed currency exchange shops shows their number has increased from 419 in the 2017-18 fiscal to 692 in the current year that started on March 21.
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Publish Date:06/May/2019 | 14:19

Blocking Hormuz Strait Unnecessary

EghtesadOnline: In response to the United States' hostile move to block Iran ’s crude exports, closing the Strait of Hormuz, one of the world's most strategic oil chokepoints, is unnecessary despite Tehran's ability to disrupt passage through the channel, an analyst said.
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Publish Date:06/May/2019 | 14:16

Iran 's Power Demand in Summer to Surpass 61 GW

EghtesadOnline: Load on the national power load is expected to increase by 5% in the current fiscal that started in March, a deputy managing director of Iran Power Generation, Distribution and Transmission Company (Tavanir) said.
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Publish Date:06/May/2019 | 14:11

Majlis to Probe CBI Performance

EghtesadOnline: Lawmakers on Sunday decided to look into the performance of the Central Bank of Iran during the past five years. The bank’s seemingly poor performance in regulating the currency market and the questionable activities of shadow banks are among the main motives behind the parliamentary move.
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Publish Date:06/May/2019 | 14:06

Iran : Future Gasoline Plan Put on Hold

EghtesadOnline: The plan to ration gasoline and increase fuel price has been suspended for now, spokesman for the Majlis Presiding Board told reporters on Sunday.
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Publish Date:06/May/2019 | 14:01

$4.5b in Iran 's Non-Oil Trade Surplus With ECO States

EghtesadOnline: Iran recorded $4.57 billion in non-oil trade surplus with nine other members of Economic Cooperation Organization during the last fiscal year (ended March 20, 2019).
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Publish Date:06/May/2019 | 13:58