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Iran , Iraq Vow to Boost Ties Despite US Pressure

EghtesadOnline: Iran and Iraq pledged on Monday to bolster their trade and security ties despite a maximalist pressure campaign by the US administration to cut off Tehran’s relations with the rest of the world, particularly its neighbors.
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Publish Date:12/March/2019 | 15:11

Iran 's PSEEZ Gas, Petrochem Sectors Draw $98b

EghtesadOnline: Pars Special Energy Economic Zone in the southern Bushehr Province has attracted investments worth $98 billion since 1998, the PSEEZ investment director said.
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Publish Date:12/March/2019 | 15:06

Intra- Iran Journeys Up 9% in Spring 2018

EghtesadOnline: More than 112 million journeys were made inside Iran during the first quarter of the current fiscal year (March 21-June 21, 2018), which shows a 9.3% increase compared with the similar period of last year, a new report released by the Statistical Center of Iran reads.
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Publish Date:12/March/2019 | 15:03

TEDPIX Climbs Above 167,000

EghtesadOnline: Iran ian stocks rallied as global markets reopened on Monday, prompting the benchmark index on Tehran Stock Exchange to top 167,000 for the first time since the outset of winter. TEDPIX soared 2,900.92 points or 1.76% and finished off at 167,371.3.
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Publish Date:12/March/2019 | 15:01

Bank Merger Okayed

EghtesadOnline: The Securities and Exchange High Council, the highest capital market decision-making body, has issued the permit for selling the shares of five soon-to-be-merged banks in the after-hours trading, the chief of Securities and Exchange Organization said.
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Publish Date:12/March/2019 | 14:59

Properties of Banks Sold for $770m

EghtesadOnline: The Deputy for Banking and Insurance Affairs at the Economy Ministry said during the one year between December 2018-19, 100 trillion rials ($770 million) worth of excess property of banks was divested.
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Publish Date:12/March/2019 | 14:57

Iran 's EPI Increases 71%, IPI Grows 121% YOY

EghtesadOnline: The export price index (using the fiscal year ending March 2012 as the base year and in terms of rial) stood at 313.3 for the third quarter of the current Iran ian year (Sept. 23-Dec. 21, 2018).
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Publish Date:12/March/2019 | 14:52

Iran Crypto Community Call for Rational Rules

EghtesadOnline: A group of Iran ian cryptocurrency activists and business owners have called on the Central Bank of Iran to refrain from taking hasty measures for regulating blockchain technology and cryptocurrencies.
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Publish Date:11/March/2019 | 13:36

Iran Steel Exports Decline in Wake of Sanctions

EghtesadOnline: Major Iran ian steelmakers exported 5.08 million tons of steel during the 11 months to Feb. 19 to register a year-on-year decline of 22%, latest data released by the Iran ian Mines and Mining Industries Development and Renovation Organization show.
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Publish Date:11/March/2019 | 13:30

Tehran Stocks Growth Gathers Pace

EghtesadOnline: After largely negative or humdrum days in the past two weeks, Iran ian stocks found a new lease on life as the main gauge at Tehran Stock Exchange surged close to 1% and investors hoped for brighter prospects for shares.
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Publish Date:11/March/2019 | 13:28

Shaparak Transactions Surge, Again

EghtesadOnline: In the calendar month Bahman (Jan.21-Feb.19) close to 1,972 million transactions worth 2,385 trillion ($15.4 billion) were processed via Shaparak (the domestic electronic payment network) – up 6.14% and 16.83% in volume and value compared to the month before.
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Publish Date:11/March/2019 | 13:25

Iran : Industrial Investments Up Twofold in 3 Quarters

EghtesadOnline: More than 2.16 quadrillion rials ($16.25 billion) worth of investments are expected to be made in Iran ian industrial units for which permits were issued during the nine months to Dec. 21.
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Publish Date:11/March/2019 | 13:22

Exports From Arvand Free Trade Zone Exceed $1b

EghtesadOnline: Non-oil exports from Arvand Free Commercial-Industrial Zone in southwest Iran exceeded $1.2 billion during the 11 months to Feb. 19.
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Publish Date:11/March/2019 | 13:16

Knowledge-Based Firms, Impaired Loans, Agitation and Silence

EghtesadOnline: Unpaid loans of knowledge-based companies until December 21 amounted to a staggering 70.1 trillion rials ($535 million), Central Bank of Iran data shows. The development has triggered social media frenzy.
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Publish Date:11/March/2019 | 13:15

Tehran, Sofia Seek Trade Expansion

EghtesadOnline: A meeting to survey ways of expanding economic ties between Iran and Bulgaria was held in Tehran Chamber of Commerce, Industries, Mines and Agriculture on Saturday.
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Publish Date:11/March/2019 | 13:12

Iran Keen on Regional ‘Inclusive Cooperation'

EghtesadOnline: Iran is ready to join an initiative that promotes “inclusive cooperation” among regional countries, including Saudi Arabia, if they are determined to help make the region more secure and prosperous, Foreign Minister Mohammed Javad Zarif said.
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Publish Date:11/March/2019 | 13:09

Semnan Power Company Promoting Solar Systems

EghtesadOnline: Semnan Province Electric Power Distribution Company will set up 100 small-scale solar power systems for rural homes in the next calendar year (starts March 21), the managing director said Saturday.
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Publish Date:10/March/2019 | 13:17