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Iran: Output of Finished Steel, Semis Rises

EghtesadOnline: A total of 4.12 million tons of finished steel products, including hot- and cold-rolled coils, rebar, beams, pipes, wide and galvanized sheets, were produced in Iran during the first four months of the current Iranian year (March 21-July 22) to register a 9% growth year-on-year.
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Publish Date: 18/August/2019 | 24:27

Iran's Private Firms Want Stronger Export Credit Agency

EghtesadOnline: In a letter to President Hassan Rouhani, private sector representatives have called on government to give more authority to the Export Guarantee Fund of Iran with regard to issuing export guarantees, according to the EGFI chief.
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Publish Date: 18/August/2019 | 24:25

Iran-Afghan Chamber Focuses on Banking Solutions

EghtesadOnline: Head of the Iran-Afghanistan Joint Chamber of Commerce says central banks in the two countries are looking for ways to resolve problems hurting banking ties between the two neighbors.
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Publish Date: 18/August/2019 | 24:20

Tehran Hosts Trilateral Talks on Yemen

EghtesadOnline: Iran, Europe and Yemen's Houthi Ansarullah movement held a trilateral meeting at the Iranian Foreign Ministry in Tehran on Saturday to explore solutions to the lingering political crisis in the war-shattered Arab country.
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Publish Date: 18/August/2019 | 24:16

What Role for Oil in Iran's Private Sector?

EghtesadOnline: Private sector in Iran cannot make miracles happen in international oil business under the sanctions regime as it was never trained for a large and unknown market.
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Publish Date: 18/August/2019 | 24:10

Rouhani Underlines Amicable Ties With Regional States

EghtesadOnline: Iran has always been interested in having cordial ties with Muslim countries, particularly its neighbors, President Hassan Rouhani said on Wednesday, adding that Persian Gulf states can protect regional security without the presence of foreign forces.
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Publish Date: 17/August/2019 | 10:51

MPs: Renewal of Nuclear Waivers Indicates American Deception

EghtesadOnline: There are ulterior political motives behind Washington's decision to renew sanctions waivers for Iran’s nuclear programs and the move does not signal a shift in the US approach toward Tehran, lawmakers say.
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Publish Date: 17/August/2019 | 10:49

Crude Output Up at Iran's North Yaran Joint Oilfield

EghtesadOnline: The second electric submersible pump installed in a well in the North Yaran Oilfield in southern Khuzestan Province has reached a stable level, head of the field development project said.
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Publish Date: 17/August/2019 | 10:48

Bourse Council Appoints New Member

EghtesadOnline: Rouhollah Hosseini Moqaddam was appointed as a new member of the Securities and Exchange High Council.
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Publish Date: 17/August/2019 | 10:39

Rural Electrification Noteworthy

EghtesadOnline: The number of rural areas linked to the national power grid has increased by 13 fold or 1.200% over the past four decades, the manager in charge of rural electricity expansion at the Power Generation, Distribution and Transmission Company (Tavanir) said.
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Publish Date: 17/August/2019 | 10:35

Iran Steel Exports Decline 12%

EghtesadOnline: Major Iranian steelmakers exported 2.24 million tons of steel during the first four months of the current fiscal year (March 21-July 22) to register a year-on-year decline of 12%, latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization show.
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Publish Date: 17/August/2019 | 10:34

Iranian Hajj Pilgrims Begin to Return on Aug. 16

EghtesadOnline: The first group of Iranian hajj pilgrims returned home on Friday, leaving Medina in Saudi Arabia for Sari International Airport located in Sari, the capital of Iran's northern Mazandaran Province.
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Publish Date: 17/August/2019 | 10:32

South Pars Gas Field to Boost Output

EghtesadOnline: In line with plans to boost gas output from South Pars Gas Field in the Persian Gulf, the third offshore deck of SP Phase 23 was shipped Wednesday to its designated location, the deputy in charge of developing phases 22-24 said.
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Publish Date: 17/August/2019 | 10:28

Zarif Due in Kuwait Before Scandinavia Tour

EghtesadOnline: Foreign Minister Mohammad Javad Zarif is to leave Tehran for Kuwait on Saturday, the Foreign Ministry’s spokesman announced.
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Publish Date: 17/August/2019 | 10:26

MRC Castigates Evasion of NDFI Lending Rules

EghtesadOnline: In a report on the misuse of the National Development Fund of Iran, the Majlis Research Center says a large part of the sovereign wealth fund has been used in sectors outside the purview of the fund.
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Publish Date: 17/August/2019 | 10:24

$5.5m Invested in Khorasan Razavi’s ICT Projects

EghtesadOnline: A total of 650 billion rials ($5.5million) have been allocated to upgrade the ICT infrastructures in the northeastern province of Khorasan Razavi in the current Iranian year (started March 21).
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Publish Date: 14/August/2019 | 24:15