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54 Hydroelectric Power Plants Are Operating in Iran

EghtesadOnline: Hydropower production in the first quarter (March 21-June 20) of the current fiscal year has increased 415% compared to the same period last year.
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Publish Date: 04/August/2019 | 24:47

Iran 13th Potato Producer in World

EghtesadOnline: With more than 5.1 million tons of production, Iran ranks 13th among the world’s biggest producer of potatoes, Deputy Agriculture Minister Hossein Shirzad says, citing the 2019 data of the Food and Agriculture Organization of the United Nations.
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Publish Date: 04/August/2019 | 24:44

Iran's Q1 Electricity PPI Declines 17%

EghtesadOnline: The Producer Price Index of the electricity sector (using 2011 as the base year) stood at 110.14 in the first quarter of the current Iranian year (March 21-June 21), indicating a decline of 17.33% compared with the same quarter of last year.
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Publish Date: 04/August/2019 | 24:43

Apple Production Expected to Rise

EghtesadOnline: Iran's apple production is expected to reach 4-4.5 million tons by the end of the current Iranian year (March 19, 2020), in view of the abundant rainfall experienced at the beginning of this year, the head of National Union of Agricultural Products said.
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Publish Date: 04/August/2019 | 24:39

Iran's ECA Chief Joins Aman Union Board

EghtesdaOnline: The managing director of Export Guarantee Fund of Iran, Afrouz Bahrami, was elected as a member of Aman Union's board of directors for two years.
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Publish Date: 04/August/2019 | 24:37

Iran Is Among the Top Three Gas-Flaring Countries

EghtesadOnline: Research projects to convert low-quality flared gas into electricity are producing the desired results, a senior consultant in the Energy Research Institute said Thursday.
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Publish Date: 04/August/2019 | 24:35

Iran's Non-Oil Exports to Europe’s Big Four Rise Above $300m

EghtesadOnline: Iran traded 280,514 tons of non-oil commodities worth $311.39 million with the Big Four of Europe in the first Iranian month (March 21-April 20) to register a 6.51% rise in tonnage and 16.82% decline in value compared with last year’s corresponding month.
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Publish Date: 04/August/2019 | 24:33

Contaminated Corns Abandoned at Imam Khomeini Port

EghtesadOnline: Thanks to the executive order of President Hassan Rouhani, judicial action has been initiated against the importer of a contaminated corn consignment after its customs clearance was halted.
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Publish Date: 04/August/2019 | 24:31

Banking on Private Enterprise

EghtesadOnline: Bypassing US economic sanctions is the function of a robust private sector and the banking sector will step in to empower private companies, said the CEO of state-owned Bank Melli Iran.
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Publish Date: 04/August/2019 | 24:29

Gov’t Plans Not Tied to Nuclear Talks Success

EghtesadOnline: Iran will continue its negotiations with the remaining parties to the 2015 nuclear deal, but is pursuing plans based on the presumption that the talks will not produce the desired outcome, President Hassan Rouhani said on Thursday.
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Publish Date: 04/August/2019 | 24:27

$100m Carpet Unveiled at Tabriz Int’l Exhibition

EghtesadOnline: Tabriz, the capital city of East Azarbaijan Province, is hosting an international hand-woven carpet exhibition that was inaugurated by President Hassan Rouhani on Thursday and will conclude on Aug. 4.
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Publish Date: 04/August/2019 | 24:21

Strong Backing for Closer Ties With China

EghtesadOnline: The Iranian Parliament supports the disposition of high-level authorities toward closer ties with China, Iran's top lawmaker said on Tuesday.
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Publish Date: 31/July/2019 | 10:47

New British Government Signals Continued Support for JCPOA

EghtesadOnline: The new government led by UK Prime Minister Boris Johnson expressed continued support for the Iran nuclear deal at an emergency meeting of international powers trying to save the 2015 accord.
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Publish Date: 31/July/2019 | 10:45

$27b Repatriated Via Iran's Secondary Currency Market in 1 Year

EghtesadOnline: Approximately $27.5 billion was repatriated by non-oil exporters to the secondary currency market known locally as Nima (Integrated Forex Deals System) since the fifth month of last calendar year (July 23-August 22, 2018) up until now, the central bank governor said Tuesday.
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Publish Date: 31/July/2019 | 10:42

Iran's NIDC Releases 5-Month Report

EghtesadOnline: The National Iranian Drilling Company has drilled and repaired 51 onshore and offshore oil and gas wells since the beginning of the current fiscal in March, the company’s deputy managing director for drilling affairs said.
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Publish Date: 31/July/2019 | 10:40

Iran's Q1 Business Index Improves

EghtesadOnline: Iran’s business environment saw a modest improvement in the first quarter of the current fiscal year (March 21-June 21) compared with the previous quarter, a quarterly survey undertaken by Iran Chamber of Commerce, Industries, Mines and Agriculture shows.
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Publish Date: 31/July/2019 | 10:34

Power Plant in West Tehran Raises Output

EghtesadOnline: A new gas unit in Tarasht Thermal Power Plant west of Tehran came on line Monday, managing director of Iran's Thermal Power Plants Holding Company said.
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Publish Date: 31/July/2019 | 10:31

Siemens Gas Turbine Maintenance Undertaken by Iranian Engineers

EghtesadOnline: Iran has acquired the know-how to repair Siemens gas turbines and local engineers can now carry out all the maintenance work of the turbines, head of the National Iranian Gas Transmission Company said.
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Publish Date: 31/July/2019 | 10:30

Iran, Iraq to Set Up Joint Investment Fund

EghtesadOnline: Securities and Exchange Organization of Iran and the Iraqi Securities Commission signed a memorandum of understanding to create a joint investment fund.
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Publish Date: 31/July/2019 | 10:28

1,100km Pipeline to Link Jask Port to Oil Terminal in Bushehr

EghtesadOnline: Construction of a 1,100km 42-inch diameter pipeline to transfer crude oil to the southeastern port of Jask in Hormozgan Province is going ahead as planned, managing director of the Petroleum Engineering and Development Co. said Tuesday.
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Publish Date: 31/July/2019 | 10:25