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Iran Foreign Exchange and Gold Market Volatility Subsides

EghtesadOnline: Rial rebounded on Sunday, in anticipation of Central Bank of Iran Governor Abdolnasser Hemmati's announcement of the new plan to calm forex market volatility that has seen Iran ian currency sink to a series of record lows.
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Publish Date:06/August/2018 | 10:56

Low Water Bills Blamed for High Consumption

EghtesadOnline: Iran will face widespread water shortage sooner-than-expected if water price is not adjusted, Energy Minister Reza Ardekanian said on Friday.
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Publish Date:05/August/2018 | 13:23

Gold Demand at Four-Year High

EghtesadOnline: Iran ’s gold bar and coin sales tripled to 15.2 tons in the second quarter of 2018, the highest in four years, the World Gold Council announced.
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Publish Date:05/August/2018 | 05:26

Why Is Europe Underplaying Its Hand on Iran ?

EghtesadOnline: Following US President Donald Trump’s May 8 decision to withdraw from the Joint Comprehensive Plan of Action, the United States has embarked on a “maximum pressure” campaign against Iran .
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Publish Date:04/August/2018 | 04:15

Housing Market Beholden to Parallel Markets

EghtesadOnline: As Iran continues to battle a currency crisis mainly brought about by expectations of worsening international ties because of the reimposition of US sanctions, the country’s housing market has experienced extreme fluctuations, especially in terms of prices, and its future seems completely tied to currency developments in the coming months.
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Publish Date:04/August/2018 | 04:12

India Crude Imports From Iran Increase 48 Percent

EghtesadOnline: India’s Ministry of Petroleum has announced that crude imports from Iran witnessed a massive jump this June in comparison to last year, disproving reports published by global research agencies that India had heavily cut down crude purchases from Iran due to American sanctions.
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Publish Date:01/August/2018 | 09:53

Call for Banking Support to Scale Up Renewables

EghtesadOnline: The prospect of meeting a sizable share of electricity demand through renewables requires a stronger support by banking system, a senior energy official said.
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Publish Date:01/August/2018 | 09:46

Smart Solution for School Management

EghtesadOnline: An Iran ian startup named ‘Hamkelasi’ (literally means ‘classmate’) has unveiled a smart platform intending to facilitate schools’ management and students’ enrollment.
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Publish Date:01/August/2018 | 09:32

Iran Climbs 32 Places in WB’s 2018 Logistic Performance Index

EghtesadOnline: Iran ’s world ranking in the Logistic Performance Index improved 32 places within two years as, with the score of 2.85, the country was positioned at 64th place out of a total of 160 countries reviewed by the World Bank in its latest 2018 report.
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Publish Date:31/July/2018 | 05:24

Iran : Cryptocurrency Legalization Likely in Near Future

EghtesadOnline: A conservative figure, who in the past voiced pessimism toward cryptocurrencies, has admitted that the decentralized phenomenon will “probably” be legalized in Iran in the foreseeable future.
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Publish Date:31/July/2018 | 05:10

$136m Worth of Sukuk to Fund Road Maintenance in Iran

EghtesadOnline: The government has given the go-ahead to Road Maintenance and Transportation Organization to issue 6 trillion rials ($136 million) of Islamic debt securities to finance its operations.
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Publish Date:31/July/2018 | 05:01

Gasoline Rationing Likely

EghtesadOnline: Iran may revive a gasoline rationing system with two rates, which was eliminated by the current government in May 2015 to cut consumption, the spokesman of Majlis Energy Commission said.
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Publish Date:30/July/2018 | 10:07

Worsening Water Crisis Linked to Flouting Laws

EghtesadOnline: By ignoring the fact that the country's ominous water crisis is rooted in weak diplomatic relations with neighboring states, namely Afghanistan and Iraq, some still think dam construction is crucial to tackle water shortage.
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Publish Date:30/July/2018 | 10:04

Iran 's User Data Protection Bill Unveiled at Elecomp 2018

EghtesadOnline: Iran ’s ICT Ministry unveiled its long-awaited User Data Protection Bill during the 24th round of Electronic, Computer and E-Commerce Exhibition (Elecomp 2018) to assuage user concerns over their shrinking privacy in the cyber era.
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Publish Date:30/July/2018 | 10:00

New Wave of Car Price Hikes on Horizon in Iran

EghtesadOnline: Despite a prolonged stagnation in Iran 's auto market due to skyrocketing prices which have bewildered buyers and put the brakes on auto deals, local parts makers have signaled another wave of price jumps.
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Publish Date:29/July/2018 | 09:48

Iran dismisses angry Trump warning against threatening U.S.

EghtesadOnline: Iran on Monday dismissed an angry warning from U.S. President Donald Trump that Tehran risked dire consequences “the like of which few throughout history have suffered before” if it made threats against the United States.
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Publish Date:24/July/2018 | 10:56