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Iran GDP Down 4.9% in 2018-19

EghtesadOnline: Iran's gross domestic product shrank by 4.9% in the fiscal 2018-19 compared to the year before, the Statistical Center of Iran's latest report shows.
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Publish Date: 18/June/2019 | 09:34

Shafeie Reelected as ICCIMA President

EghtesadOnline: Gholamhossein Shafei was reelected as the president of the ninth parliament of Iran Chamber of Commerce, Industries, Mines and Agriculture for another four-year term with 302 out of 448 votes on Sunday.
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Publish Date: 17/June/2019 | 11:50

IoT Training Course in July

EghtesadOnline: A comprehensive training course named Internet of Things Boot Camp will be launched on July 18 for youngsters, university students and graduates.
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Publish Date: 17/June/2019 | 11:47

Steel Sheet Production Capacity to Expand

EghtesadOnline: Azna Steel Complex is expected to be inaugurated by the end of the current fiscal year (March 2020) in the city of Azna, the capital of Azna County in Lorestan Province.
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Publish Date: 17/June/2019 | 11:46

Bureaucracy Blocking Iran’s E-Governance Initiatives

EghtesadOnline: While e-governance initiatives were to help downsize the government, the secretary of Iran’s IT Executive Council says that due to the bloated bureaucracy, these initiatives have not delivered the promised results and even made things worse.
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Publish Date: 17/June/2019 | 11:42

Araqchi: US Economic War Has Troubled Entire Region

EghtesadOnline: The economic war launched by the United States against the Iranian people has hit the security and stability of the entire Middle East, Iran's deputy foreign minister said.
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Publish Date: 17/June/2019 | 11:40

EU Diplomat Discusses Yemen in Tehran

EghtesadOnline: Secretary-General of the European External Action Service Helga Schmid, who was in Tehran as part of her regional tour, discussed the situation in war-torn Yemen.
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Publish Date: 17/June/2019 | 11:35

Iran's Non-Oil Trade With OECD States Tops $1.3 Billion in 1 Month

EghtesadOnline: Iran traded 1.75 million tons of non-oil commodities worth $1.35 billion with member states of the Organization for Economic Cooperation and Development during the first Iranian month (March 21-April 20) to register a 7.13% growth in tonnage and a 4.94% decline in value compared with last year’s same month.
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Publish Date: 17/June/2019 | 11:30

Commodity Stocks Edge Up in Tehran

EghtesadOnline: The main gauge of Tehran Stock Exchange gained more than 4,000 points as the demand for commodity stocks rose on Sunday.
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Publish Date: 17/June/2019 | 11:29

Iran's Medicinal Plant Exports Reach $570m Last Year

EghtesadOnline: Iran exported $570 million worth of medicinal plants during the last fiscal year (ended March 20, 2019) to register an increase of $120 million compared to the year before, an official with the Agriculture Ministry said.
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Publish Date: 17/June/2019 | 11:26

Iran: Regulated Forex Market Discounts Fees

EghtesadOnline: The company overseeing the soon-to-be launched regulated foreign exchange market cut the membership fees for exchange bureaus from the previously announced 1 billion rials ($7,700) to 250 million rials.
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Publish Date: 17/June/2019 | 11:24

Iran: Environment Challenges, Anachronistic Concerns

EghtesadOnline: Sustainable development has hardly been a priority in Iran as it is almost always sacrificed at the altar of concerns like creating jobs and boosting industries at any price, not to mention anachronistic concerns, says head of the Department of Environment.
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Publish Date: 17/June/2019 | 11:22

Schmid Assures JCPOA Benefits

EghtesadOnline: Deputy Foreign Minister Abbas Araqchi and Secretary-General of the European External Action Service Helga Schmid met in Tehran on Saturday to discuss the Iran nuclear deal.
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Publish Date: 16/June/2019 | 24:06

Iran Ready to Engage in CICA Development Projects

EghtesadOnline: Iranian traders, industrial companies and exporters of engineering and technical services are ready to cooperate in the development projects of the member states of the Conference on Interaction and Confidence-Building Measures in Asia (CICA), President Hassan Rouhani said.
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Publish Date: 16/June/2019 | 24:02

Yazd Rural Water Infrastructure Expanding

EghtesadOnline: Yazd rural water supply network is expanding as close to 72,000 residents in 135 small towns around the province have been provided water during the past six months, managing director of the provincial Water and Wastewater Company said Saturday.
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Publish Date: 16/June/2019 | 11:57

Iran Meets 90% of Global Rosewater Demand

EghtesadOnline: Iran supplies 90% of global rosewater demand and accounts for 8-10% of rose essence production in the world, the executive manager of the National Medicinal Plants Project of the Agriculture Ministry said.
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Publish Date: 16/June/2019 | 11:56

Iran's Non-Oil Trade Surplus With OIC Hits $360m

EghtesadOnline: Iran traded 3.81 million tons of non-oil commodities worth $1.89 billion with the Organization of Islamic Cooperation’s member states during the first Iranian month (March 21-April 20) to register a 17.72% and 11.4% decline in tonnage and value respectively compared to the previous year.
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Publish Date: 16/June/2019 | 11:54

Payment Companies Expand Retail Base

EghtesadOnline: Data released by Shaparak payment and settlement network show that during the last Iranian month to May 21, it processed 2.14 billion retail transactions worth 2,759 trillion rials ($20.2 billion).
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Publish Date: 16/June/2019 | 11:51

13% Decline in Iran Airport Traffic

EghtesadOnline: Iran Airports Company registered 30,635 takeoffs and landings during the second month of the current Iranian year (April 21-May 21), which shows a 13% decline compared with the similar period of last year.
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Publish Date: 16/June/2019 | 11:50