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Analyst Underscores Vital Need for Free Trade

EghtesadOnline: With proposals to split the Ministry of Industries, Mining and Trade into two separate ministries making the rounds once again, a business expert says the issue should be put on the backburner because the need of the hour is free trade.
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Publish Date:24/February/2019 | 11:18

Iran Energy Ministry Repaying Debts

EghtesadOnline: The Energy Ministry has settled $1 billion of its debt to private power plants over the past 11 months.
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Publish Date:24/February/2019 | 11:17

Tehran Stocks Soar 3 Percent

EghtesadOnline: Tehran Stock Exchange and Iran Fara Bourse clocked their biggest single-session point gains in more than a month on Saturday. TSE's main index, TEDPIX, rose 4,778.26 or 3.00%, as of market close, ending at 164,267.8 points. Iran Fara Bourse's main gauge IFX was up 42.37 points or 2.13%.
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Publish Date:24/February/2019 | 11:12

Austrian Support for Green Power Expansion in Iran

EghtesadOnline: Iran has taken noticeable steps in recent years to develop its green energy sector and has the potential to emerge as a regional Green energy hub.
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Publish Date:24/February/2019 | 11:10

Petrochem Complex in Khuzestan

EghtesadOnline: Construction of a new petrochemical complex in Andimeshk, Khuzestan Province, started at the weekend.
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Publish Date:24/February/2019 | 11:04

Iran 's Non-Oil Trade With Japan Dips 30%

EghtesadOnline: Iran traded 444,423 tons of non-oil commodities worth $613.26 million with Japan during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20), registering a 55.31% and 30.24% decline in tonnage and value respectively compared with last year's corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date:24/February/2019 | 11:02

Stranded Norwegian Air Boeing Finally Leaves Iran

EghtesadOnline: A Boeing commercial airliner that belongs to budget carrier Norwegian Air and was stranded in Iran after an emergency landing in December, landed at Stockholm's Arlanda Airport early Saturday, Bloomberg reported citing a company statement.
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Publish Date:24/February/2019 | 10:58

Carmakers Special Sales Trigger Car Buying Frenzy in Iran

EghtesadOnline: As car prices keep rising as never before, the two main Iran ian auto companies, Iran Khodro and SAIPA, launched what they call are ‘special sales’, selling their cars like hotcakes.
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Publish Date:23/February/2019 | 15:06

Iran Currency Market Calm

EghtesadOnline: Foreign exchange rates declined on Thursday, after a week of flurry brought the US dollar close to the psychological level of 140,000 rials the previous day.
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Publish Date:23/February/2019 | 15:02

Caspian Oilfield Development Not on NIOC Agenda

EghtesadOnline: Developing oilfields, especially in the Caspian Sea is not on the agenda of the National Iran ian Oil Company. Therefore, Khazar Exploration and Production Company as a subsidiary of the NIOC has adopted the same policy, said the managing director of KEPCO.
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Publish Date:23/February/2019 | 15:00

Iran 's Non-Oil Trade With EU Tops $8.5 Billion in 10 Months

EghtesadOnline: Iran traded 6.73 million tons of non-oil commodities worth $8.57 billion with member states of the European Union during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20) to register a 15.52% and 18.76% decline in tonnage and value respectively compared with last year’s corresponding period.
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Publish Date:23/February/2019 | 14:57

FATF Extends Suspension of Iran Countermeasures Until June

EghtesadOnline: The anti-money laundering body, the Financial Action Task Force announced on Friday that it has extended the suspension of countermeasures against Iran for another four months, recognizing the country's efforts in meeting its Action Plan.
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Publish Date:23/February/2019 | 14:53

Iran 's Consumer Inflation at 42.3% YOY

EghtesadOnline: The goods and services Consumer Price Index in Iran saw a year-on-year increase of 42.3% in the Iran ian month of Bahman (Jan. 21-Feb. 19) compared with the similar month of last year, the Statistical Center of Iran reported.
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Publish Date:23/February/2019 | 14:44

Economic Hardships Take a Toll on Iran ian Startups

EghtesadOnline: Major Iran ian online marketplace Bamilo announced Wednesday that the firm has been forced to cut jobs and downsize due to economic hardships and falling revenues.
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Publish Date:23/February/2019 | 14:42

New CEO at MTN- Iran cell

EghtesadOnline: Bijan Abbasi Arand was appointed CEO of major mobile operator MTN- Iran cell on Wednesday, replacing Alireza Ghalambor Dezfouli.
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Publish Date:23/February/2019 | 14:40

Pelosi: Trump Administration Wrong on Iran

EghtesadOnline: US House Speaker Nancy Pelosi described the approach of US President Donald Trump's administration to Iran , including its policy on the country’s nuclear deal, as “completely wrong”.
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Publish Date:20/February/2019 | 13:34

Iran 's Non-Oil Trade With Neighbors Hits $30b

EghtesadOnline: Iran traded 57.28 million tons of non-oil commodities worth $29.96 billion with its 15 neighboring countries during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20) to register a 34.34% decline in tonnage and 3.49% growth in value compared with last year’s corresponding period.
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Publish Date:20/February/2019 | 13:31