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Zero Flaring Projects Deliver

EghtesadOnline: To reduce gas flaring in Khuzestan Province to zero the construction of a plant to collect 1.5 million cubic meters of associated petroleum gas, or APG, per annum is completed, managing director of Arvandan Oil and Gas Company said Wednesday.
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Publish Date: 25/August/2019 | 11:33

Iran Telecom Operators Growing Fastest in MENA

EghtesadOnline: GSMA Association says Iran is among the fastest growing countries in the Middle East and North Africa region and the world in terms of developing mobile communications.
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Publish Date: 25/August/2019 | 11:31

New Government-Backed Plan for Supporting Startups in Iran

EghtesadOnline: To promote technological firms and startups, the Ministry of Cooperatives, Labor and Social Welfare has reached an agreement with the Electronic Support Fund for Research and Development, affiliated to the Industries Ministry.
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Publish Date: 25/August/2019 | 11:27

Third-Party Vehicle Insurance Disliked

EghtesadOnline: CEO of the government-owned Iran Insurance Company says the fact that insurer has to pay 20% of third party vehicle premiums to relevant bodies has given rise to prospects for loss-making.
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Publish Date: 25/August/2019 | 11:26

Leader Recommends Ways of Reinforcing Economy

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Wednesday that bolstering the economy by reducing reliance on oil and promoting small- and medium-sized enterprises can help the country use sanctions to its advantage.
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Publish Date: 25/August/2019 | 11:23

Enemies' Illogicality Makes Defense Development Imperative

EghtesadOnline: Iran is ready for dialogue but cannot stop the development of its defense capabilities, especially since the enemies do not understand "logic", President Hassan Rouhani said on Thursday, as a domestically built air defense system was unveiled.
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Publish Date: 25/August/2019 | 11:21

Zarif: Nuclear Talks With France ‘Constructive’

EghtesadOnline: Foreign Minister Mohammad Javad Zarif met with French President Emmanuel Macron in Paris on Friday and held talks on salvaging the 2015 nuclear deal, which he described as "constructive".
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Publish Date: 25/August/2019 | 11:19

Iranian Child Cancer Patients Hit by US Sanctions

EghtesadOnline: Learning your child’s cancer has come back, adding to the agony, the cocktail of drugs four-year old Mahdi needs to stay alive simply isn’t available. His mom says Mahdi is her only child, conceived after 13 years of trying.
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Publish Date: 25/August/2019 | 11:17

Iran Oil Company Cutting Dependency on Foreign Equipment, Parts

EghtesadOnline: National Iranian Drilling Company, a subsidiary of the National Iranian Oil Company, is collaborating with 230 local manufacturers, especially in Khuzestan Province, to indigenize drilling equipment, the company’s managing director said.
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Publish Date: 25/August/2019 | 11:16

Rural Gas Grid Has New Customers

EghtesadOnline: In line with the government's goal of linking 90% of suburban homes to the national gas network by 2022, the grid is passing through rugged mountain areas in Yazd, Gilan, Kurdestan, Semnan and Fars provinces.
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Publish Date: 25/August/2019 | 11:12

Iran Steel Production Rises 8% to 15m Tons

EghtesadOnline: Iranian steelmakers produced a total of 15.61 million tons of steel products during the first four months of the current Iranian year (March 21-July 22) to register an 8% year-on-year increase, the Iranian Steel Producers Association's latest report shows.
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Publish Date: 25/August/2019 | 11:11

Iran: Thermal Power Plants Expand

EghtesadOnline: Thermal power capacity has risen by 16% or 9,000 megawatts over the past six years.
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Publish Date: 25/August/2019 | 11:09

DRI Output Rises to 9.4m Tons

EghtesadOnline: A total of 9.46 million tons of direct-reduced iron were produced in Iran during the first four months of the current Iranian year (March 21-July 22), indicating a 10% rise compared with last year’s similar period, the Iranian Steel Producers Association's latest report shows.
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Publish Date: 25/August/2019 | 11:08

20% Discount in Customs Duties at Small Ports

EghtesadOnline: Cargo owners who choose to transport their goods via small ports will be entitled to a 20% discount in customs duties, says Mohammad Ali Hassanzadeh, the deputy head of Ports and Maritime Organization of Iran.
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Publish Date: 25/August/2019 | 11:06

Public Transportation Gets a Boost in Tehran, Qom

EghtesadOnline: From adding new vehicles to the public bus fleet to purchasing new wagons for the subway, urban managers across Iran are taking measures for tackling air pollution and facilitating the daily commute of citizens.
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Publish Date: 25/August/2019 | 10:39

Iranian SMEs Financial Reports Boost Share Value

EghtesadOnline: Amid investor enthusiasm about monthly financial reports of listed companies, benchmark of the Tehran Stock Exchange soared more than 1.4% on Saturday.
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Publish Date: 25/August/2019 | 10:38

Zarif to Visit East Asian States

EghtesadOnline: Foreign Minister Mohammad Javad Zarif is to set off on a tour of China, Japan and Malaysia at the head of a delegation on Sunday as part of an initiative to pursue “proactive” and “balanced” diplomacy.
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Publish Date: 25/August/2019 | 10:36

INTA Waives Penalties on Unpaid Tax

EghtesadOnline: Iranian National Tax Administration said Saturday that it is giving defaulters until the end of current calendar year (March 20) to clear their liabilities.
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Publish Date: 25/August/2019 | 10:33