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Tehran Stocks Dip Into Correction Phase

EghtesadOnline: Tehran Stock Exchange lost close to 1% in Wednesday trade. The TSE’s main index, TEDPIX, shed 1,972 points to stand at 199,918 points, dropping below the supportive level achieved barely two days ago.
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Publish Date:20/April/2019 | 13:48

NDFI Releases 2018 Lending Data

EghtesadOnline: According to a report published by National Development Fund of Iran on its website, the sovereign wealth fund, the fund gave foreign currency loans through 20 agent banks in the first 9 months of the previous year (March 21-Dec. 21 2018).
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Publish Date:20/April/2019 | 13:42

Major Khuzestan Gas Refinery Slated for Launch in H2

EghtesadOnline: Bid Boland Gas Refinery in southwestern Khuzestan Province will be fully operational in the second half of the year, the managing director said Tuesday.
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Publish Date:20/April/2019 | 13:40

Zarif, Erdogan Discuss Syria Ahead of Astana Talks

EghtesadOnline: Foreign Minister Mohammed Javad Zarif held a meeting with Turkish President Recep Tayyip Erdogan on Wednesday to discuss solutions to the Syrian crisis as well as other regional issues and bilateral ties.
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Publish Date:20/April/2019 | 13:35

Top 10 Most Visited Websites in Iran

EghtesadOnline: Like almost every corner of the world the most visited website in Iran is Google followed by the locally- developed video-sharing platform Aparat and Iran ian online marketplace Digikala, Alexa ranking report shows.
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Publish Date:17/April/2019 | 14:39

Zarif in Damascus to Coordinate Regional, Int'l Policies

EghtesadOnline: Foreign Minister Mohammed Javad Zarif arrived in the Syrian capital on Tuesday at the head of a political delegation to improve the two countries' coordination of regional and international policies.
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Publish Date:17/April/2019 | 14:36

Iran 's Non-Oil Trade With Caspian States Rises by 32 Percent

EghtesadOnline: Iran traded 4.39 million tons of non-oil commodities worth $2.34 billion with Caspian Sea littoral states during the 11 months to Feb. 19 to register a 22.99% and 32.1% growth in tonnage and value respectively compared with last year’s corresponding period.
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Publish Date:17/April/2019 | 14:34

Italy Bank Will Pay $1.3b to Settle US Sanctions Probe

EghtesadOnline: Italy’s top bank UniCredit SpA and two subsidiaries have agreed to pay $1.3 billion to US authorities to settle probes of violations of US sanctions on Iran and other countries, US authorities said on Monday.
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Publish Date:17/April/2019 | 14:32

Majlis: Compound Interest Is a Problem

EghtesadOnline: The Majlis has asked the government to eliminate the policy of compound interest rates in banks to help promote domestic production, and the Rouhani administration is expected to inform lawmakers about what it thinks of the prospect.
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Publish Date:17/April/2019 | 14:30

More Flooding More Draught: Climate Change Impact Discernible

EghtesadOnline: Iran registered 293 millimeters of rainfall since the beginning of the current water year in September. Precipitation in nearly 7 months rose 200% compared to the same period last year, and 65% over and above the annual average registered over the past half century.
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Publish Date:17/April/2019 | 14:28

Stocks in Tehran Add Value

EghtesadOnline: After recording a whopping growth of 5,700 points on Monday, the main gauge of Tehran Stock Exchange continued its upward movement on Tuesday. TEDPIX recorded a fresh record by entering the 202,000 point in midday trading but lost some ground to finally close 84.97 points higher at 201,890.
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Publish Date:17/April/2019 | 14:26

Caspian Sea Water Transfer Awaiting Pilot Project Result

EghtesadOnline: The proposal to transfer water from the Caspian Sea in the north to the drought-hit central plateau has been approved by the Majlis and the related desalination project is having a pilot run, the energy minister said.
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Publish Date:17/April/2019 | 14:24

No Oil Spill Reported Near Hoor al-Azim Wetland

EghtesadOnline: Despite the recent floods there has been no report of oil spill in Khuzestan Province oilfields, most of which are located in or near the famous Hoor al-Azim Wetland, the production manager of National Iran ian South Oil Company, a subsidiary of the National Iran ian Oil Company said.
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Publish Date:17/April/2019 | 14:22

Iran Govt’ Wants to Reform the Rial: Deleting Four Zeros

EghtesadOnline: The plan to remove four zeros from the rial is on the government agenda, again. The oft-mentioned move was proposed in the past by Central Bank of Iran as part of a broader plan to revisit the monetary system.
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Publish Date:17/April/2019 | 14:20

Iran ian Industrial Performance Showing Steady Improvement

EghtesadOnline: Latest economic indicators for manufacturing sectors provided by the Statistics and Economic Analysis Center of the Iran Chamber of Commerce, Industries, Mines and Agriculture suggest Iran ian industries have improved their performance.
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Publish Date:17/April/2019 | 14:10

Foreign Games Dominate Iran Android Market

EghtesadOnline: Mobile games developed by foreign firms dominate Iran ian Android market Cafe Bazaar and only 28% of video games published on the platform are made locally.
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Publish Date:17/April/2019 | 14:06

Iran comes Up With New Rules to Stop Spam

EghtesadOnline: As part of new regulations announced by the High Council of Cyberspace, all mobile network subscribers are allowed to send a definite number of messages on a daily basis from April 14.
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Publish Date:17/April/2019 | 14:04

Solar Power Evolving in Iran 's Kerman

EghtesadOnline: An estimated 1,690 five megawatt photovoltaic power stations will become operational next month in Kerman Province, the deputy manager of the provincial Electric Power Distribution Company said.
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Publish Date:17/April/2019 | 14:02

Paris Eager to Hold Talks on Region

EghtesadOnline: The new French ambassador in Tehran said Paris intends to hold talks with Iran on regional and international affairs.
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Publish Date:16/April/2019 | 14:03