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More Utility Companies Join E-Billing Scheme

EghtesadOnline: As Iranian electricity and telecommunication companies move toward scrapping paper billing and switching to an electronic system, other utility companies, along with Tehran Municipality, have also adopted the same policy.
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Publish Date: 21/September/2019 | 24:49

Iran: No Need for so Many Bank Branches

EghtesadOnline: The unusually high number of bank branches has long been a source of concern for both economic experts and government officials, giving rise to calls for cutting the number of barely used and costly branches.
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Publish Date: 21/September/2019 | 24:47

Call for Seizing Chance of Détente With Saudi, UAE

EghtesadOnline: Iran should seize the opportunity provided by the toned-down rhetoric from Saudi and Emirati officials to mend strained bilateral relations, says a political analyst, who believes that the interests of Persian Gulf states lie in lasting peace and security in the region.
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Publish Date: 21/September/2019 | 24:46

Muslim Unity to Help Confront Common Threats

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei on Wednesday called on Muslim nations across the world to unite in the face of common threats and enemies.
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Publish Date: 21/September/2019 | 24:44

Washington Must Lift Maximum Pressure Before Seeking Talks

EghtesadOnline: The United States has to ease intense pressure against Iran to show their good faith before proposing to talk with Iranian officials, President Hassan Rouhani said on Wednesday.
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Publish Date: 21/September/2019 | 24:43

US Warned Against Action Over Saudi Oil Attacks

EghtesadOnline: Iran has warned the United States that any action taken against it will be met with an "immediate" response, following allegations that it was behind attacks on Saudi oil installations.
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Publish Date: 21/September/2019 | 24:41

Strike on Iran Would Spark All-Out Regional Conflict

EghtesadOnline: Foreign Minister Mohammad Javad Zarif warned that any US or Saudi military strike on Iran would lead to a devastating war, saying that Tehran hopes to avoid such a conflict.
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Publish Date: 21/September/2019 | 24:39

Caspian-Semnan Water Project Divisive

EghtesadOnline: With almost 500 million cubic meters of water wasted in the industrial and farming sectors in Semnan Province, a plan to transfer water from the Caspian Sea in the north to the arid region would indeed be an exercise in futility, an expert at the Research Institute for Forests and Range and director of the Public Participation Office of the Department of Environment said.
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Publish Date: 21/September/2019 | 24:36

Iran: Bank Service Cost Reforms Coming

EghtesadOnline: With a new person in charge of the IT department of Iran’s central bank, long-awaited reforms in bank service fees will be announced in the near future as part of a broader banking reform package.
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Publish Date: 21/September/2019 | 24:33

Legal Crypto Mining in Iran: Getting Started

EghtesadOnline: The government's move in July to regulate cryptocurrency mining as a legal industrial activity has been broadly welcomed by miners, though they say minor adjustments in regulations would create room for miners to make significant contribution to the economy.
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Publish Date: 21/September/2019 | 24:31

Environmental Spending by Iranian Mines Exceeds $4m

EghtesadOnline: A total of 475.14 billion rials ($4.16 million) in environmental spending was made in 5,353 active mines during the fiscal 2017-18, the Statistical Center of Iran's latest report shows.
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Publish Date: 21/September/2019 | 24:24

€300m Will Be Allocated to Chabahar-Zahedan Railroad From NDFI

EghtesadOnline: The Cabinet has decided to allocate €300 million needed to complete the railroad project connecting the southeastern port city of Chabahar to the eastern city of Zahedan near the border with Afghanistan and Pakistan, both in Sistan-Baluchestan Province, from the National Development Fund of Iran, the country’s sovereign wealth fund.
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Publish Date: 21/September/2019 | 24:20

Iran: 200K Households Struck Off Cash Subsidy List

EghtesadOnline: Two hundred thousand high-income households have been removed from the list of cash subsidy receivers, the spokesman of the headquarters associated with the implementation of Clause 14 of the Fiscal 2019-20 Budget Law said.
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Publish Date: 21/September/2019 | 24:17

Iran President, FM Heading for New York

EghtesadOnline: Foreign Minister Mohammad Javad Zarif left for New York early on Friday to attend the 74th edition of the United Nations General Assembly.
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Publish Date: 21/September/2019 | 24:15

Iran Attends RCC Confab

EghtesadOnline: An Iranian delegation attended the Regional Commonwealth in the Field of Communications (RCC) Conference held in the Kazakh capital, Nur-Sultan, on Monday.
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Publish Date: 18/September/2019 | 24:20

Iran: Threat of Illegal Water Wells Real

EghtesadOnline: The pattern of deficits in underground water resources in Fars Province is approaching appalling levels and is closer to the one billion cubic meters, says the managing director of the provincial water company.
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Publish Date: 18/September/2019 | 24:19

Washington Wants to Avoid War With Tehran

EghtesadOnline: US President Donald Trump claimed on Monday that Iran appeared to have been responsible for the weekend attack on Saudi Arabian oil facilities, but said he would “like to avoid” a military conflict with Tehran and emphasized his interest in diplomacy.
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Publish Date: 18/September/2019 | 24:15

Iran Petrochem Output to Reach 133 Million Tons by 2025

EghtesadOnline: Iran will invest $40 billion in the petrochemical sector to increase annual output from the current 66 million tons to 133 million tons over six years, managing director of the National Petrochemical Company told reports on Monday.
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Publish Date: 18/September/2019 | 24:12