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Iran Exempt from OPEC 1.2m bpd Output Cut

EghtesadOnline: OPEC concluded its 175th meeting with an accord to remove 1.2 million barrels a day of crude from the market, with non-OPEC allies including Russia taking a 400,000 barrel-a-day share.
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Publish Date:08/December/2018 | 13:20

Iran Signs Multilateral Startup Deal with Russia, Azerbaijan, Turkey

EghtesadOnline: As per an agreement signed between Iran , Russia, Azerbaijan, and Turkey on the sidelines of Bakutel 2018, the four sides will establish startup centers with a joint investment of $2 million to expand technological collaboration.
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Publish Date:08/December/2018 | 13:00

Contest to Promote Iran ian Messenger Apps

EghtesadOnline: A nationwide mobile messenger application coding contest will bring together local programmers to demonstrate their capabilities. The event is an effort to promote the use of locally-developed apps and connect talented programmers with firms.
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Publish Date:05/December/2018 | 13:44

Iran 's Trade With 6 Persian Gulf States Tops $13 Billion

EghtesadOnline: Iran traded 27.4 million tons of non-oil commodities worth $13.84 billion with six Persian Gulf nations, namely Iraq, the UAE, Kuwait, Qatar, Bahrain and Saudi Arabia, during the first seven months of the current fiscal (March 21-Oct. 22) to register a 19.92% and 10.96% growth in tonnage and value respectively compared with last year’s corresponding period.
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Publish Date:05/December/2018 | 13:40

Decline in Exports of Iran ian Hand-Woven Carpets

EghtesadOnline: Iran exported $176 million worth of hand-woven carpets during the first seven months of the current Iran ian year (March 21-Oct. 22), which shows a 20% fall compared with the similar period of last year.
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Publish Date:04/December/2018 | 11:10

Car Imports Remain at Zero in Iran

EghtesadOnline: Informed sources say the ban on auto imports introduced in June by the government will be extended to the next fiscal year that begins in March.
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Publish Date:04/December/2018 | 11:04

Iran Majlis to Vote on Banking Reform Bills

EghtesadOnline: The Majlis speaker says reforms to the central bank law proposed by the government to overhaul the dysfunctional banking system has been reviewed in the relevant committees and is awaiting a final vote in the chamber.
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Publish Date:04/December/2018 | 11:01

Iran ian Tire Companies Want Higher Prices

EghtesadOnline: Iran Tire Industry Association has sent a note to the Ministry of Industries and the Consumers and Producers Protection Organization demanding local manufacturers be allowed to raise prices by 30%.
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Publish Date:04/December/2018 | 10:58

Iran 's Iron Ore Pellet Output Sees 36% Rise

EghtesadOnline: Iran ’s iron ore pellet output reached 21.24 million tons over the seven months since the beginning of the current year (March 21), which indicates a 36% increase compared to the same period of last year, the Ministry of Industries, Mining and Trade reported.
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Publish Date:03/December/2018 | 24:54

Iran ian Carmakers Stand Accused of Hoarding, Insider Trading

EghtesadOnline: Following the strange and extended delays in delivery of thousands of vehicles presold by domestic carmakers, would-be buyers and sections of the print media are openly accusing the state-affiliated companies of hoarding, market manipulation, and insider trading.
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Publish Date:03/December/2018 | 24:49

Iran PPI Inflation at 63.3% Year-on-Year

EghtesadOnline: An increase of 63.3% was registered in the Producer Price Index in the Iran ian calendar month of Aban (Oct. 23-Nov. 21) compared with the similar month of last year, the latest report released by the Central Bank of Iran shows.
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Publish Date:03/December/2018 | 24:46

Iran ian Online Shop for Handicrafts

EghtesadOnline: A new online platform has been launched by a startup that connects handicraft makers and craftsmen with buyers.
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Publish Date:03/December/2018 | 24:44

Iran 's Liquidity Growth Descending

EghtesadOnline: Average liquidity growth dropped from 26.7% during 1988 to 2012 to 23.7 % between 2014-2018, said the deputy governor of the Central Bank of Iran .
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Publish Date:03/December/2018 | 24:41

Iran : Nationwide Home Sales Grow Unlike in Tehran

EghtesadOnline: Unlike in Tehran, home sales in other Iran ian provincial capitals have been up 3% in the eighth month of the current Iran ian year, Aban (Oct. 23-Nov. 21), compared with the same month of the last year.
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Publish Date:03/December/2018 | 24:38

Tehran: Stock Rout Erases Autumn Gains

EghtesadOnline: Tehran stocks closed lower in trading Saturday to start the week in the red. At the Tehran Stock Exchange both TSE's main index TEDPIX and IFX lost heavily. The TEDPIX and IFX fell sharply and thereby turned negative for the autumn. Stocks dropped almost across the board with only textile and telecoms staying in the black.
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Publish Date:02/December/2018 | 10:36

Iran 's Central Bank Announces New Rules for Forex Trade

EghtesadOnline: The Central Bank of Iran in a directive on Saturday announced rules and regulations for selling and buying foreign currency of export earnings at authorized exchange bureaus.
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Publish Date:02/December/2018 | 10:32

Iran -Germany Cargo Train Expected to Roll Next Year

EghtesadOnline: Islamic Republic of Iran Railways’ negotiations with German officials to launch cargo trains between the two countries have been fruitful and the first train is expected to use this route next year, the deputy head of IRIR's International Affairs Department said.
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Publish Date:02/December/2018 | 10:30