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Hajj Flights Begin

EghtesadOnline: More than 86,500 Iranian pilgrims will be flown to Saudi Arabia as of Monday, July 8.
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Publish Date: 08/July/2019 | 09:17

Iran's Exports to Iraq Reach $2.5b in 100 Days

EghtesadOnline: Iran exported $2.5 billion worth of commodities and services to neighboring Iraq during the 100 days ending July 1, registering an increase of 20% compared with last year’s corresponding period.
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Publish Date: 08/July/2019 | 09:12

$3.8m Aid Package for Domestic Knowledge-Based Companies

EghtesadOnline: Iran National Innovation Fund intends to offer local knowledge-based companies aid packages to the tune of 500 billion rials ($3.8 million) in the form of loans to empower tech companies in the country.
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Publish Date: 08/July/2019 | 09:10

No Respite for Sistan-Baluchestan Despite High Precipitation

EghtesadOnline: Despite the fact that dams and Chah-Nimeh water reservoirs are full, residents in Sistan-Baluchestan Province are still suffering from the shortage of safe drinking water supply, the provincial Friday prayer leader said.
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Publish Date: 08/July/2019 | 09:09

Iran's Non-Oil Trade With E7 Exceeds 59 Million Tons

EghtesadOnline: Iran traded 59.69 million tons of non-oil commodities worth $32.21 billion with the Emerging 7 during the last fiscal year (ended March 20, 2019) to register a 17.85% and 13.18% decline in tonnage and value respectively compared to the year before.
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Publish Date: 08/July/2019 | 09:07

Iran, UNICEF to Tap Innovative Solutions

EghtesadOnline: UNICEF and Iran’s Vice Presidential Office for Science and Technology have forged partnership to support innovative solutions for addressing children- and youth-related issues in the country.
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Publish Date: 08/July/2019 | 09:05

Iran Energy Exchange Eases Oil Sales to Foreigners

EghtesadOnline: Foreign natural entities are allowed to place an order for crude oil offered in Iran Energy Exchange (IRENEX), a move to facilitate foreigners’ participation in Iran’s energy market.
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Publish Date: 08/July/2019 | 09:04

Tehran Stocks Rebound

EghtesadOnline: Following a brief correction phase on Saturday, Tehran Stock Exchange clawed back into positive territory on Sunday as the massive selloff pressure abated and investors’ sentiment was boosted by positive financial reports of listed companies.
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Publish Date: 08/July/2019 | 09:02

More Nuclear Commitments Cut

EghtesadOnline: Iran said on Sunday it will further scale back its commitments under the 2015 nuclear deal with world powers, raising its uranium enrichment level beyond the cap set in the agreement.
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Publish Date: 08/July/2019 | 09:00

Tehran Auction Revenues Up 23%

EghtesadOnline: The 11th Tehran Auction, which presented Iranian artworks on July 5, grossed 422.04 billion rials ($3.24 million), registering a 23% growth compared with the previous round.
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Publish Date: 08/July/2019 | 08:47

INSTEX's Long-Term Benefits Outweigh Current Shortfalls

EghtesadOnline: The new EU-Iran trading mechanism should be given a chance to work because its long-term benefits both in the fields of economy and politics outweigh its current shortcomings, a former diplomat said.
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Publish Date: 07/July/2019 | 11:27

Turkey, Russia, Iran Summit Set for August

EghtesadOnline: The Turkish presidential spokesman on Thursday said Ankara will host a trilateral summit with the participation of Russia and Iran in August.
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Publish Date: 07/July/2019 | 11:26

Shahid Rajaee Power Plant Reduces Pollution, Costs

EghtesadOnline: In the first quarter of the current fiscal year (March 21-June 21), 93% of the fuel supplied to Shahid Rajaee Combined-Cycle Power Plant in Qazvin Province constituted natural gas, up from 88% last year, the managing director of the plant said.
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Publish Date: 07/July/2019 | 11:24

OPEC Output Hits Five-Year Low

EghtesadOnline: OPEC oil output sank to a new five-year low in June as a rise in Saudi supply did not offset losses in Iran and Venezuela due to US sanctions and other outages elsewhere in the group, a Reuters survey found.
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Publish Date: 07/July/2019 | 11:22

Iran, Pakistan Keen on Promoting Trade Ties

EghtesadOnline: Pakistani Prime Minister Imran Khan on Friday stressed the need for Pakistan and Iran to take concrete measures against smuggling and ensure more business opportunities for the people residing along the border.
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Publish Date: 07/July/2019 | 11:20

Central Bank of Iran Moves to Streamline Working Capital Loans

EghtesadOnline: The Central Bank of Iran is working on plans to adjust policies regarding working capital granted to manufacturing units to ensure the loans are actually used for boosting production and staving off inflationary effects.
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Publish Date: 07/July/2019 | 11:18