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UAE Prefers Diplomacy Over Conflict With Iran

EghtesadOnline: UAE Minister of State for Foreign Affairs Anwar Gargash said the UAE and Saudi Arabia prefer a political approach to their problems with Iran.
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Publish Date: 05/August/2019 | 11:50

62% Rise in Cost of Tehran Construction Materials

EghtesadOnline: The general price index of construction materials for residential units in Tehran rose 62.2% in the first quarter of the current Iranian year that ended on June 21 compared with last year's corresponding period.
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Publish Date: 04/August/2019 | 13:09

Iran: Rial Revaluation Issue Returns

EghtesadOnline: The government on Wednesday approved a central bank proposal based on which four zeros will be shaved off and the national currency rial and the change from official rial to the popularly used toman.
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Publish Date: 04/August/2019 | 13:08

Advanced 3D Printing Technology Localized

EghtesadOnline: Iranian researchers at Sharif University of Technology have successfully developed a 3D printer that can print items in micro and nano scales.
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Publish Date: 04/August/2019 | 13:05

Customs MoU With Afghanistan

EghtesadOnline: Head of the Islamic Republic of Iran Customs Administration, Mehdi Mir-Ashrafi, and Director General of Afghanistan Customs Department Ahmad Reshad Popal have signed a memorandum of understanding on joint collaboration in electronic exchange of information between the customs entities of Iran and Afghanistan.
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Publish Date: 04/August/2019 | 13:02

Need to Embrace Détente With Regional States

EghtesadOnline: Iran should welcome détente with regional countries, including Saudi Arabia and the UAE, because such an attitude would give the country the upper hand amid tensions with the United States, a senior lawmaker said.
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Publish Date: 04/August/2019 | 13:00

US Allies Criticize Sanctions on Zarif, Vow to Keep Working With Him

EghtesadOnline: Senior Iranian and foreign officials have expressed their support for Foreign Minister Mohammad Javad Zarif who was sanctioned on Wednesday by the US administration, with the European Union saying that it will continue working with the chief diplomat despite the US decision.
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Publish Date: 04/August/2019 | 24:57

Adoption of 3rd Nuclear Step Likely

EghtesadOnline: Iran will likely implement the third phase of a plan to scale back its commitments under the 2015 nuclear deal under the current circumstances, Foreign Minister Mohammad Javad Zarif said on Saturday.
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Publish Date: 04/August/2019 | 24:54

Iran Gas Dispute With Turkmenistan Unresolved

EghtesadOnline: The National Iranian Gas Company filed a lawsuit against Turkmengaz, the national gas company of Turkmenistan, last year in the International Court of Arbitration.
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Publish Date: 04/August/2019 | 24:48

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