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Tehran Stocks Show Healthy Growth in Four Months

EghtesadOnline: The main Tehran Stock Exchange index has grown more than 78,000 points since the beginning of the fiscal year (March 21) to August 11.
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Publish Date: 13/August/2019 | 11:54

$427m Crude Oil Salaf Securities on Iran Energy Exchange

EghtesadOnline: On government behalf, the Economy Ministry will offer standard parallel salaf securities for crude oil worth 50 trillion rials ($427 million) today (Tuesday). The Iran Energy Exchange will host the trade.
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Publish Date: 13/August/2019 | 11:53

ETF Fortunes Diminish

EghtesadOnline: The Central Securities Depository of Iran in its new report said the value of exchange-traded funds reached 146.09 trillion rials ($1.23 billion) by the end of the calendar month to July 22.
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Publish Date: 13/August/2019 | 11:51

Caspian States Urged to Boost Economic Cooperation

EghtesadOnline: Iran on Monday called on the Caspian Sea littoral states to intensify efforts to boost cooperation, particularly in the fields of economy and environment, and offered to help achieve this goal despite US sanctions.
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Publish Date: 13/August/2019 | 11:50

NISOC Signs 2 Deals to Manage APG in Khuzestan

EghtesadOnline: The National Iranian South Oil Company has signed contracts with Maroun Petrochemical Company in Mahshahr and Persian Gulf Petrochemical Industries Company (PGPIC) to capture flare gas from oilfields in Kohgilouyeh- Boyerahmad and Khuzestan provinces, the NISOC managing director said.
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Publish Date: 13/August/2019 | 11:39

Iran Iron Ore Exports at 17m Tons Worth $840m Last Year

EghtesadOnline: A total of 17 million tons of iron ore were exported from Iran in the last fiscal year (March 2018-19), figures released by the Iranian Mines and Mining Industries Development and Renovation Organization show.
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Publish Date: 13/August/2019 | 11:38

Zarif in Doha for Talks

EghtesadOnline: Foreign Minister Mohammad Javad Zarif traveled to Doha on Monday to meet Qatar's Emir Sheikh Tamim bin Hamad Al Thani and his counterpart amid rising tensions in the Persian Gulf.
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Publish Date: 13/August/2019 | 11:34

Iran Gas Output Capacity 810 mcm/d

EghtesadOnline: Natural gas production capacity has reached 810 million cubic meters per day, director of dispatching at the National Iranian Gas Company said.
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Publish Date: 13/August/2019 | 11:31

Carmakers Taken to Task for Iran Exit

EghtesadOnline: Iranian parliamentarians have harshly criticized foreign automotive companies over their “lack of commitment” and for terminating their operations in Iran in the face of US sanctions.
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Publish Date: 13/August/2019 | 11:29

US Court Annuls Seizure of Iran-Linked NY Tower

EghtesadOnline: A jury verdict allowing the US government to seize a midtown Manhattan office tower that it said was effectively controlled by Iran was thrown out on Friday by a federal appeals court, which cited several errors by the trial judge.
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Publish Date: 11/August/2019 | 11:02

Leader: Muslims Should Help Block US Mideast Plan

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei has called on Muslims across the world to oppose the so-called US peace plan for the Middle East, describing it as a "ruse" that is "doomed to fail".
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Publish Date: 11/August/2019 | 10:59

Foreign Military Presence in Persian Gulf Source of Insecurity

EghtesadOnline: The presence of military forces in the Persian Gulf from countries outside the region would be considered a source of insecurity by Iran, Foreign Minister Mohammad Javad Zarif said, in reference to the United States' proposed maritime security mission in the strategic waters.
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Publish Date: 11/August/2019 | 10:57

Yazd Playing Leading Role in Solar Power Output

EghtesadOnline: Solar power production in central Yazd Province will reach 100 megawatts by the end of this fiscal year in March, managing director of Yazd Regional Electricity Company said.
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Publish Date: 11/August/2019 | 10:55

Hefty Investment to Expand Mashhad Subway Network

EghtesadOnline: The western flank of Line 2 of the urban subway system in the shrine city of Mashhad in the northeastern Khorasan Razavi Province was launched late last week to further expand the already operating public transportation network.
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Publish Date: 11/August/2019 | 10:53

Tariff Discounts Help Cut Power Consumption

EghtesadOnline: Although peak electricity demand hour growth soared by 5% on average between 2008 and 2018, the figure has barely risen by 1% in the past two months compared to the average of the last ten years, the Energy Ministry spokesman for the power department said Saturday.
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Publish Date: 11/August/2019 | 10:50

$763m in Iran's Non-Oil Trade Surplus With CIVETS

EghtesadOnline: Iran traded 11.16 million tons of non-oil commodities worth $6.42 billion with CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa) in the last fiscal year (ended March 20, 2019) to register a 42.92% and 27.57% decline in tonnage and value respectively compared with the year before.
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Publish Date: 11/August/2019 | 10:48

70,000 of Road Fatalities Involved SAIPA’s Pride

EghtesadOnline: Over the past 11 years, 34% of those who lost their lives in road accidents in Iran, constituting 70,056 victims, died in SAIPA’s small city car, Pride.
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Publish Date: 11/August/2019 | 10:46

Shaparak Plans New Mobile Payment Network

EghtesadOnline: A new generation of mobile payment network will be unveiled soon, said an official with the local payment settlement network regulator, Shaparak.
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Publish Date: 11/August/2019 | 10:45

Tehran-Ankara Passenger Train Services Resume

EghtesadOnline: Passenger train services resumed between Iran and Turkey's capital cities, Tehran and Ankara, respectively, at 9:50 p.m. local time on Wednesday after Saeed Rasouli, the head of Islamic Republic of Iran Railways, flagged off the first trip.
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Publish Date: 11/August/2019 | 10:42