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Iran Says Oil Trade Will Continue on Energy Bourse

EghtesadOnline: Close to one million barrels of oil have been sold on Iran Energy Exchange so far and plans are underway to continue the offers in the future, the head of international affairs at the National Iran ian Oil Company said.
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Publish Date:13/November/2018 | 10:08

Iran - Rules for Private Equity Funds Approved

EghtesadOnline: Instructions and charter for private equity funds have been ratified, Iran 's Securities and Exchange Organization’s deputy for supervision of financial institutions said.
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Publish Date:13/November/2018 | 10:00

Iran Saffron Exports Top $145m in H1 2018

EghtesadOnline: About 105 tons of saffron worth more than $145 million were exported from Iran during the first half of the current Iran ian year, the deputy head of Iran National Saffron Council said.
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Publish Date:13/November/2018 | 09:59

Results of Vehicle Dependability Study in Iran

EghtesadOnline: Iran Standard and Quality Inspection Co. has carried out a Vehicle Dependability Study (VDS), which indicates that cars made/assembled locally show unacceptably high levels of wear and tear after less than a year on the road.
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Publish Date:13/November/2018 | 09:56

Iran ian Steel Heavyweights See 3% Decline in Exports (Mar-Oct 2018)

EghtesadOnline: Major Iran ian steelmakers exported a total of 3.88 million tons of semi-finished and finished steel products during the first seven months of the current fiscal year (March 21-Oct. 22) to register a year-on-year contraction of 3%, latest data released by the Iran ian Mines and Mining Industries Development and Renovation Organization show.
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Publish Date:12/November/2018 | 10:53

Iran Housing Sector Acts as Brake on Runaway Inflation

EghtesadOnline: The point-to-point inflation rate of the housing sector was significantly lower than that of other sectors during Mehr, the seventh month of the current Iran ian year that ended on Oct. 22, recent data released by the Central Bank of Iran show.
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Publish Date:12/November/2018 | 10:51

India Mulls Barter System to Export Rice to Iran

EghtesadOnline: India's payment system with Iran is being relaxed further for basmati rice exports. This comes after the US allowed India to continue importing crude oil from Iran and develop Chabahar Port.
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Publish Date:12/November/2018 | 10:49

Iran Currency Market Relatively Calm

EghtesadOnline: The rial has been keeping relatively steady since the reimposition of US sanctions last week, a fact reflected in official comments in Tehran that much of the impact of the sanctions have already been baked in.
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Publish Date:12/November/2018 | 10:40

Iran Humanitarian Trade Hangs in Balance Over SWIFT Uncertainty

EghtesadOnline: As the interbank messaging system SWIFT prepares to formally announce the names of Iran ian banks that will be disconnected from its platform, it is not clear how the outside world intends to maintain humanitarian trade with Iran .
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Publish Date:11/November/2018 | 10:28

Iran 's EGFI Expands Operations to Support Regional Trade

EghtesadOnline: As reimposed US sanctions restrict Iran ian banks, the Export Guarantee Fund of Iran is set to expand operations to better support the country's exports, especially with regional partners.
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Publish Date:11/November/2018 | 10:24

Iran Handicraft Exports Top $100m Since March

EghtesadOnline: Iran has exported $107 million worth of handicrafts from its customs terminals since the beginning of the current Iran ian year (started March 21), the head of Iran ’s Cultural Heritage, Handicrafts and Tourism Organization said.
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Publish Date:11/November/2018 | 10:19

Majlis Report Exposes Car Import Racket in Iran

EghtesadOnline: A member of the Majlis Industries and Mines Commission, Vali Maleki, has presented a report on ingrained corruption in car imports that confirms at least 6,481 cars were brought into Iran illegally in the last six months of 2017.
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Publish Date:11/November/2018 | 10:17

Iran Tax Office Publishes List of Tax-Exempt Organizations

EghtesadOnline: The Iran ian National Tax administration has released the names of foundations that are entitled to exemption from paying direct tax as per the decree of the late founder of the Islamic Republic, Imam Khomeini, and Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei.
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Publish Date:11/November/2018 | 10:15

Iran Planning New Ways to Repatriate Export Earnings

EghtesadOnline: The Central Bank of Iran will introduce new measures to help channel export earnings into the economy, the CBI governor Abdolnaser Hemmati said on Saturday in a meeting with provincial governors.
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Publish Date:11/November/2018 | 10:13

Iran Pursuing Options to SWIFT

EghtesadOnline: Governor of the central bank says if Iran is disconnected from the Belgium-based financial messaging service SWIFT (the Society for Worldwide Interbank Financial Telecommunications), alternative systems will be used to preserve ties with its trading partners.
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Publish Date:10/November/2018 | 09:22

Iran Banks to Use National Crytptocurrency

EghtesadOnline: Developed by the Informatics Services Corporation at the behest of the Central Bank of Iran , the banking system is planning to make use of a national cryptocurrency.
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Publish Date:10/November/2018 | 09:14

New Rules and Slumber of Iran ian Carmakers

EghtesadOnline: Hard-pressed auto manufacturing industry already under mounting pressure for its poor quality and high prices should prepare for a new challenge in the coming weeks. The state is due to raise the bar and announce a new set of automotive standards. Form what is known, most vehicles made by the two major car companies Iran Khodro and SAIPA will not be able to comply with the new norm.
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Publish Date:06/November/2018 | 10:50