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Iran's Non-Oil Trade With Pacific Alliance States Exceeds $13 Million

EghtesadOnline: Iran traded 7,225 tons of non-oil commodities worth $13.74 million with the member states of Pacific Alliance in the last fiscal year (ended March 20, 2019) to register a 95.68% and 72.73% fall in tonnage and value respectively compared with the year before.
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Publish Date: 06/August/2019 | 24:39

Tehran Municipality to Issue $2.4b of Participatory Bonds

EghtesadOnline: Tehran City Council has ratified the issuance of participatory bonds worth 300 trillion rials ($2.4 billion) by the municipality to finance the expansion of the capital’s subway network.
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Publish Date: 06/August/2019 | 24:37

Iran to Launch New Reefer Ship Services to Oman

EghtesadOnline: A reefer ship to carry perishable commodities such as fruits will be launched between Iran’s Jask Port in Hormozgan Province and Omani ports for the first time in the near future, Iran’s commercial attaché in Oman said.
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Publish Date: 06/August/2019 | 24:36

Military Banks Merger in Progress

EghtesadOnline: The merger of five banks and credit institutions -- affiliated to military forces – with the state-owned Bank Sepah is in progress with the major tasks completed, CEO of the bank said.
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Publish Date: 06/August/2019 | 24:26

Tehran Hosts Russian Mission for Boosting Grain Trading

EghtesadOnline: Iran’s private sector representatives and members of Tehran Chamber of Commerce, Industries, Mines and Agriculture held a meeting on Sunday with a visiting Russian delegation from the Chamber of Commerce and Industry of the Republic of North Ossetia–Alania to discuss expansion of grain trade between Iran and Russia.
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Publish Date: 05/August/2019 | 24:17

Bank Maskan Joins Regulated Forex Market

EghtesadOnline: State-owned Bank Maskan, the main lender in the housing sector, is to join the regulated forex market, head of the bank’s department for international affairs said Sunday.
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Publish Date: 05/August/2019 | 24:12

Iran: Reasons for Employees Quitting Jobs

EghtesadOnline: The Ministry of Cooperatives, Labor and Social Welfare surveyed 1.9 million unemployed, from the nearly 3.3 million unemployed in the last fiscal year (2018-19), who held a job for 10 years and more, but became jobless in the past five years.
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Publish Date: 05/August/2019 | 24:11

Iran Domestic Apparel Industry Operating at Half Capacity

EghtesadOnline: The production volume of Iran’s apparel industry is half its nominal capacity, according to Reza Taziki, an official with the Ministry of Cooperatives, Labor and Social Welfare.
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Publish Date: 05/August/2019 | 24:07

Power Outages End

EghtesadOnline: Power outages during peak hours declined by 98% since March to July compared to the same period last year, the Energy Ministry’s spokesman for the power department said.
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Publish Date: 05/August/2019 | 24:05

MP: Fulfillment of Tehran's Demands Could Save Nuclear Deal

EghtesadOnline: Any suggestion of progress in talks between Iran and Europe on saving the 2015 nuclear deal is just a nicety, because the only way out of the current impasse is fulfillment of Tehran's major demands, a senior lawmaker says.
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Publish Date: 05/August/2019 | 11:59

Iran Port Throughput Rises After Months of Decline

EghtesadOnline: More than 49.34 million tons of commodities were loaded and unloaded in Iran’s commercial ports during the first four months of the current Iranian year (March 21-July 22) to register a 1.87% rise compared with the corresponding period of last year.
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Publish Date: 05/August/2019 | 11:57

Gasoline Self-Sufficiency Paves Way for Export

EghtesadOnline: The wildest dream of the National Iranian Oil Refining and Distribution Company of self-reliance in gasoline production and export has finally come true.
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Publish Date: 05/August/2019 | 11:55

Iran: Stock Market Outperforms in Q1

EghtesadOnline: A report by Tehran Chamber of Commerce, Industries, Mine and Agriculture shows the stock market was among the top-performing markets during the first quarter (March. 21-June. 20) of the current fiscal year compared to the Q1 of the previous year (March 2018-19).
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Publish Date: 05/August/2019 | 11:53