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IMIDRO Reviews Iran's Q1 Steel Production Chain Output

EghtesadOnline: A total of 12.2 million tons of iron ore concentrate were produced in Iran during the first Iranian quarter (March 21-June 21), registering a 4% growth compared with the corresponding period of the year before.
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Publish Date: 20/July/2019 | 10:14

Russia Links INSTEX Inclusion to Iran Oil Sales

EghtesadOnline: Russia has said it may join a European Union payment system aimed at salvaging the Iran nuclear deal if the mechanism is expanded to include oil purchases.
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Publish Date: 20/July/2019 | 10:11

Funds for North Khorasan Knowledge-Based Firms

EghtesadOnline: Iran National Innovation Fund has allocated 110 billion rials ($900,000) to knowledge-based companies active in North Khorasan Province in the current Iranian year (started March 21).
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Publish Date: 17/July/2019 | 24:07

Iranians Develop Efficient Sewage Treatment Device

EghtesadOnline: Researchers of a domestic knowledge-based company have succeeded in developing an efficient sewage treatment device that purifies up to 99% of wastewater.
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Publish Date: 17/July/2019 | 24:06

Europe Has No Right to Criticize Iran's Nuclear Decisions

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Tuesday Europe has no right to criticize Iran's decision to reduce its compliance with the nuclear deal and pledged more cuts in the country's nuclear commitments.
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Publish Date: 17/July/2019 | 24:02

EU: Tehran’s Nuclear Non-Compliance Insignificant

EghtesadOnline: The parties to the 2015 nuclear deal do not consider Iran's reduction of its commitments a "significant" non-compliance and there is no intention to trigger the dispute resolution mechanism foreseen in Article 36 of the agreement for now.
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Publish Date: 17/July/2019 | 11:59

Iran: Consumption Challenging Capacity

EghtesadOnline: Energy consumption and wastage have overtaken production and supply and Iran could become an energy importer despite its abundant energy resources, managing director of the Industrial Management Institute said.
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Publish Date: 17/July/2019 | 11:55

Investors Shy Away From Tehran Stocks

EghtesadOnline: Listed companies in the Tehran Stock Exchange closed trading day mostly in red on Tuesday as investors were disheartened by the sharp fall in the forex market.
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Publish Date: 17/July/2019 | 11:52

Iran: Largest Fuel Subsidizer in 2018

EghtesadOnline: Iran was the largest fossil fuel subsidizer in 2018, according to the International Energy Agency's latest report.
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Publish Date: 17/July/2019 | 11:49

Iran Oil Ministry Getting a Raw Deal

EghtesadOnline: The Oil Ministry is at the forefront of fighting the US sanctions, but some power circles criticize it under the name and banner of protecting national interest.
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Publish Date: 17/July/2019 | 11:47

Iran's Q1 Steel Exports Top 1.6m Tons

EghtesadOnline: Major Iranian steelmakers exported a total of 1.62 million tons of steel during the first three Iranian months (March 21-June 21) to register a year-on-year decline of 12%, latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization show.
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Publish Date: 17/July/2019 | 11:45

Currency, Gold Lose Luster in Tehran Market

EghtesadOnline: Currency rates in Tehran have been of the descending order over the past two weeks amid noticeable decline in demand and visible efforts by the Central Bank of Iran to boost the rial.
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Publish Date: 17/July/2019 | 11:43

Abolition of US Sanctions Can Pave Way for Diplomacy

EghtesadOnline: Foreign Minister Mohammad Javad Zarif said on Monday his country does not want a war, but said US President Donald Trump must lift harsh economic sanctions on Tehran to clear the way for negotiations.
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Publish Date: 17/July/2019 | 11:41

Need to Avoid Trap of Extremism on Nuclear Issue

EghtesadOnline: Iranian officials should be vigilant not to fall into the traps set by domestic and foreign extremists in regard to the nuclear issue as it would present the country's "diplomatic" moves as a threat to the world, a senior lawmaker said.
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Publish Date: 16/July/2019 | 10:35

Iran's Q1 Tea Exports Top 1,600 Tons

EghtesadOnline: More than 1,600 tons of tea were exported from Iran during the first quarter of the current Iranian year (March 21-June 21), Habibollah Jahansaz, the head of Iran Tea Organization, said.
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Publish Date: 16/July/2019 | 10:32

Renewable Energy in Iran: A Long Way Ahead

EghtesadOnline: The Renewable Energy and Energy Efficiency Organization—a subsidiary of the Energy Ministry also known as Satba—was founded to help promote green energy but has failed in its mission, said an entrepreneur and founder of the first solar-powered office building in Iran.
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Publish Date: 16/July/2019 | 10:31