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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

11% Decline in Iran's Q1 Airport Traffic

EghtesadOnline: Iran Airports Company registered 102,883 takeoffs and landings during the first three months of the current Iranian year (March 21-June 21), which shows an 11% decrease compared with the similar period of last year.
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Publish Date: 16/July/2019 | 10:29

Residual Shares Nobody Wants

EghtesadOnline: The remaining shares of government in Shiraz Oil Refining Company and Alborz Insurance Company were offered in the stock market but had no buyers.
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Publish Date: 16/July/2019 | 10:28

Deadbeat Carmaker on Wrong Side of Insurers

EghtesadOnline: Insurance companies have stopped offering third party vehicle insurance to new vehicles produced by SAIPA, Iran's second-largest automaker, due to the carmaker’s pattern of failure to settle its mountain of debts.
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Publish Date: 16/July/2019 | 10:26

US Sanctions Slash PSA’s MENA Sales

EghtesadOnline: PSA Group’s sales in the Middle East and North Africa plunged 68.4% in the first half of 2019, punished by the automaker’s forced withdrawal from Iran under the threat of US sanctions.
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Publish Date: 16/July/2019 | 10:24

$295m in Iran's Non-Oil Trade Surplus With Arab League

EghtesadOnline: Iran traded 2.16 million tons of non-oil commodities worth $1.01 billion with Arab League member states during the first Iranian month (March 21-April 20) to register a 28.46% and 27.65% decline in tonnage and value respectively compared with last year’s similar month.
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Publish Date: 16/July/2019 | 10:22

Dollar Dips Again in Tehran Market

EghtesasOnline: Currency rates continued on the downward path in Tehran on Sunday as the Central Bank of Iran mobilizes its resources to plug the gap between rates in the open market and secondary market.
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Publish Date: 16/July/2019 | 10:19

Crypto Mining Plus Side for Iran

EghtesadOnline: Legalizing cryptocurrency mining would help the power sector, head of the board of directors of the Power Generation Companies Syndicate said Monday.
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Publish Date: 16/July/2019 | 10:17

Iran: Fuel Prices May Rise as of March

EghtesadOnline: The plan to resume the use of fuel cards by car owners will come into effect in August with the aim of curbing fuel smuggling that has taken a turn for the worse over the past months.
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Publish Date: 16/July/2019 | 10:15