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Iran Installed Power Capacity to Reach 85 GW

EghtesadOnline: Installed power generation capacity will reach 85,000 megawatts by the end of the current fiscal (started March 21), head of Thermal Power Plants Holding Company said.
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Publish Date:06/April/2019 | 14:56

Iran 's Mineral Trade Surplus Tops $5b

EghtesadOnline: Iran 's trade in mineral products recorded a surplus of $5.05 billion during the 11 months to Feb. 19.
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Publish Date:06/April/2019 | 14:54

UniCredit Near $900m Deal With US Over Iran Sanctions

EghtesadOnline: UniCredit SpA is nearing an agreement with US authorities over allegations that the bank provided dollar-clearing services to Iran ian clients in violation of US sanctions, people with the knowledge of the matter said.
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Publish Date:06/April/2019 | 14:53

Iran Floods Cause Half a Billion Dollar Damage to Agriculture, Roads

EghtesadOnline: Heavy raining and floods sweeping across much of Iran ian provinces during Nowruz holidays are estimated to have caused about $470 million to the country’s agriculture and roads infrastructures ($350 million and around $120 million respectively).
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Publish Date:06/April/2019 | 14:50

Rise in Electricity and Water Tariffs in Iran

EghtesadOnline: A proposal by the Energy Ministry to raise water and electricity tariffs by 7% was ratified by the Cabinet. The new rates will go into effect on April 21, Barq News reported.
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Publish Date:06/April/2019 | 14:44

Iran ’s ‘Flipping Filip’ Wins IMGA Award

EghtesadOnline: Iran ian mobile game Flipping Filip, shortlisted for the 15th International Mobile Gaming Awards (IMGA Global), has earned the "Jury's Honorable Mention" award.
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Publish Date:06/April/2019 | 14:42

Call for Boosting Production in New Year

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei has named the new Iran ian year, which began on March 21, the year of "Boosting Production" to help shore up Iran 's sanctions-hit economy without reliance on other countries.
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Publish Date:06/April/2019 | 14:39

Classic Car Rallies in Tehran and Alborz

EghtesadOnline: A daylong rally of vintage cars was held in Tehran and Alborz provinces on Sunday by the Touring and Automobile Club of Iran .
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Publish Date:19/March/2019 | 24:20

Call for Broadening European Use of INSTEX

EghtesadOnline: Iran ’s trade with the European Union through the special purpose vehicle, which is aimed at bypassing American sanctions, should not be restricted to the three founders of the mechanism and must be expanded to all EU states, a lawmaker said.
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Publish Date:19/March/2019 | 24:18

Stronger Trade With Neighbors Should Take Precedence

EghtesadOnline: Iran ian leaders should pursue deeper economic ties with neighboring countries, particularly Iraq, instead of obsessing over a European trade vehicle conceived as a way to avert US sanctions against Tehran, an economic analyst said.
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Publish Date:19/March/2019 | 24:16

Investor Optimism Lifts Stock Market

EghtesadOnline: Iran 's main stock index rose to its highest level in five months on Monday, led by the material sector, as investor sentiment was lifted by robustness of the global economy and high foreign exchange rates in Iran .
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Publish Date:19/March/2019 | 24:14

Businesses Decry Self-Imposed Sanctions

EghtesadOnline: The Majlis Research Center, the research arm of the parliament, has published the results of three meetings with representatives from the private sector and business owners in the country. The report covers major hurdles from the perspective of businesses.
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Publish Date:19/March/2019 | 24:08

Half of Iran 's 'Non-Oil' Exports Petroleum-Based

EghtesadOnline: Some 50% of Iran ’s "non-oil" exports actually consist of petroleum-based products and petrochemicals that either directly or indirectly come from the oil industry.
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Publish Date:19/March/2019 | 11:51

Belgium Eager to Maintain Trade Ties With Iran

EghtesaadOnline: European countries, other than the founders of INSTEX, namely France, Germany and the UK, are willing to join the special purpose vehicle that facilitates trade with Iran , the economic and commercial counselor of Belgian Embassy in Iran said.
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Publish Date:19/March/2019 | 11:47

Road Safety First

EghtesadOnline: H oping to help promote road safety and spread public awareness during the annual Norouz holiday season (March 20-April 2), the Iran ian Red Crescent Society has launched an online campaign that has gone viral.
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Publish Date:19/March/2019 | 11:04

Smart Parking Meters Tehran’s District 2

EghtesadOnline: Smart parking meters have been installed and activated in Tehran's District 2 in the north-central part of the city. It enables drivers to reserve road-side parking spots and pay online via a smartphone application.
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Publish Date:18/March/2019 | 15:08

Iran 's Steel Output Surges 10%

EghtesadOnline: Iran ian steelmakers produced a total of 42.3 million tons of finished and semi-finished steel products during the 11 months to Feb. 19 to register a 10.94% increase compared with last year’s corresponding period.
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Publish Date:18/March/2019 | 15:06

Elecomp 2019 Adds Vacancy Section

EghtesadOnline: The 25th International Exhibition of Electronics, Computers and e-Commerce (Elecomp 2019) will open on July 18 at Tehran International Fairground. It will have a new section devoted to vacancies in the field of information and communication technology.
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Publish Date:18/March/2019 | 15:03

Iran , Azerbaijan to Launch e-TIR Pilot Project

EghtesadOnline: Iran and Azerbaijan have agreed to implement an e-TIR Pilot project for making transit operations fully electronic between the two countries as of May 31, 2019.
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Publish Date:18/March/2019 | 15:01