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EU- Iran Trade Vehicle Could Be Ready by Yearend

EghtesadOnline: The European Union’s foreign policy chief said on Monday a system to facilitate non-dollar trade with Iran and circumvent US sanctions could be in place by the yearend.
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Publish Date:12/December/2018 | 10:27

Iran 's Non-Oil Trade With Neighbors Exceeds $24b in 8 Months

EghtesadOnline: Iran traded 43.15 million tons of non-oil commodities worth $24.41 billion with its 15 neighboring countries; namely the United Arab Emirates, Iraq, Turkey, Afghanistan, Pakistan, Russia, Oman, Azerbaijan, Turkmenistan, Kuwait, Qatar, Kazakhstan, Armenia, Bahrain, and Saudi Arabia during the first eight months of the current fiscal (March 21-November 21) to register a 6.55% and 11.58% rise in tonnage and value respectively compared to last year’s corresponding period.
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Publish Date:12/December/2018 | 10:20

MCI to Equip Major Iran ian Railroad With 4G Coverage

EghtesadOnline: The key railroad connecting Mashhad to Tehran and Qom is to be equipped with 4G coverage, as per an agreement signed between mobile operator Mobile Telecommunication Company of Iran (MCI) and the Islamic Republic of Iran Railways (IRIR).
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Publish Date:12/December/2018 | 10:18

Iran 's Fight Against Annoying Mobile Ads Continues

EghtesadOnline: The Communications Regulatory Authority said on Tuesday that it has blocked 30,000 ad sender numbers since November 2017 in a move to curb unwanted and annoying text messages.
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Publish Date:12/December/2018 | 10:09

China's Bank of Kunlun Resumes Iran Business

EghtesadOnline: The main Iran -China banking channel is functioning after China's Bank of Kunlun resumed services for Iran ians on Monday, deputy president of Iran -China Chamber of Commerce and Industries said.
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Publish Date:11/December/2018 | 11:25

Mayor, ICT Minister Agree to Promote Smart Tehran

EghtesadOnline: At the opening ceremony of the 2nd round of Smart Tehran Congress on Monday, the mayor and ICT minister signed an agreement to join forces and support plans for transforming Tehran into a smart city.
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Publish Date:11/December/2018 | 11:23

Iran Mineral Trade Surplus Rises to $4.5b in 8 Months

EghtesadOnline: Iran 's trade surplus of mineral products increased to $4.58 billion at the end of the eighth month of the current fiscal year on Nov. 21, latest official data show.
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Publish Date:11/December/2018 | 11:20

Iran 's Securities and Exchange Launching Equity Futures

EghtesadOnline: The chief of Securities and Exchange Organization – the sole regulator of the capital market – said the market for trading future contracts will be launched before the new year sets in.
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Publish Date:11/December/2018 | 11:18

Subsidies to Import Essential Goods Fail to Curb Price Hikes

EghtesadOnline: The rise in the retail prices of goods that used the government’s subsidized foreign currency at a rate of 42,000 rials per US dollar (about three times cheaper than the market rate) was no less than in other consumer goods.
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Publish Date:11/December/2018 | 11:12

Next Year's Budget 41% Bigger Than Current Year's

EghtesadOnline: The next fiscal year’s budget bill (March 2019-20) stands at 17,300 trillion rials ($15.04 billion), which puts it 41.5% more than the 12,225 trillion rials ($10.63 billion) approved for the current year.
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Publish Date:10/December/2018 | 10:32

Iran Moves to Minimize Damage From Avian Flu

EghtesadOnline: Iran ian poultry farms have been dealing with the deadly avian flu, especially the H5N8 strain of the virus, for several years now. The virus has done a number on Iran ’s poultry industry.
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Publish Date:10/December/2018 | 10:26

Iran Capital Market Willing to Host Real Estate Deals

EghtesadOnline: Head of the Security and Exchange Organization -the sole supervisory body in Iran 's capital market – said the capital market is ready to open new vistas to finance the housing sector using its own financial instruments.
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Publish Date:10/December/2018 | 10:21

Tehran Against Interference in Intra-Yemeni Talks

EghtesadOnline: The Foreign Ministry spokesman implicitly dismissed a report that Iran had requested to attend the ongoing Yemen peace talks in Sweden, stressing that “the nature of the negotiations is intra-Yemeni”.
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Publish Date:10/December/2018 | 10:14

$1.7b Fund to Help Expand Transport Network in Iran

EghtesadOnline: The government is mulling a national transportation development fund with an initial investment of 200 trillion rials ($1.75 billion), the Roads Minister Mohammad Eslami said.
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Publish Date:09/December/2018 | 24:08

Iran Inflation Increases at Slower Rate in November

EghtesadOnline: The latest data published by the Central Bank of Iran show that Iran ’s point-to-point inflation in November reached 39.9%, the highest level in the past five years.
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Publish Date:09/December/2018 | 24:03

Open Market Operations Predicted in Iran 's 2019 Budget Bill

EghtesadOnline: The mechanisms for implementing open market operations, as an effective measure to control and implement monetary and interest rate policies, have been included in next year’s (March 2019-20) budget bill, said the governor of Central Bank of Iran .
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Publish Date:09/December/2018 | 11:58

Eurasian Economic Union Finalizes FTZ Agreement With Iran

EghtesadOnline: A temporary agreement previously reached on the formation of a free trade zone with Iran has been finalized in a summit meeting of Eurasia Economic Union in St. Petersburg, Russia, Russian media report.
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Publish Date:08/December/2018 | 13:36

RoboCup Asia-Pacific 2018 Event in Kish Island

EghtesadOnline: Iran is hosting the second edition of the annual international robotics competition RoboCup Asia-Pacific (RCAP) 2018 in Kish Island off the Persian Gulf.
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Publish Date:08/December/2018 | 13:30