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Exporters Repatriate €4.5b in Q1

EghtesadOnline: Following hikes in forex rates in the Integrated Forex Deals System, known by its Persian acronym Nima, Iranian exporters repatriated more overseas earnings to the country.
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Publish Date: 22/June/2019 | 11:42

Iran's Non-Oil Trade With China Tops $1b in 1 Month

EghtesadOnline: Iran traded 3.11 million tons worth $1.14 billion with China during the first Iranian month (March 21-April 20) to register a 61.88% growth in tonnage and a 15.27% decline in value compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 22/June/2019 | 11:40

Iran Air to Operate All Hajj Flights to Saudi Arabia

EghtesadOnline: Iran Air will operate 100% of hajj flights to Saudi Arabia this year with its own fleet of airplanes, says deputy managing director of the Iranian flag carrier airline, Hassan Qasemi.
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Publish Date: 22/June/2019 | 11:39

Iran's Non-Oil Trade Surplus With SCO Crosses $83m

EghtesadOnline: Iran traded 4.8 million tons of non-oil commodities worth $1.81 billion with the member states of Shanghai Cooperation Organization during the first Iranian month (March 21-April 20) to register a 43.84% growth in tonnage and 8.76% decline in value compared with last year’s corresponding month.
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Publish Date: 22/June/2019 | 11:38

Cellphones’ Suitcase Imports Soaring

EghtesadOnline: Suitcase imports of cellphones have been pushed to new high in Iran by a hodgepodge of state policies, in addition to the reimposition of harsh US sanctions against Tehran, in the past few months.
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Publish Date: 22/June/2019 | 11:35

Iran's Forex Subsidy Policy Unaltered

EghtesadOnline: The government will not change its current policy to subsidize imported essential goods and food up until next March, the government spokesman said.
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Publish Date: 22/June/2019 | 09:57

Iran Aluminum Output Down 32%

EghtesadOnline: The output of Iran's major aluminum producers totaled 41,367 tons during the first two months of the current Iranian year (March 21-May 21), which indicates a 32% decline compared with last year's corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization reported.
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Publish Date: 19/June/2019 | 24:26

Subsidized Forex Policy Under the Microscope

EghtesadOnline: The High Council of the Economic Coordination will convenes on Thursday to decide the fate of the highly controversial subsidized forex policy for importing essential goods, said an official associated with the council.
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Publish Date: 19/June/2019 | 24:24

$20 Million Loan for Iranian Startups

EghtesadOnline: Iran's National Innovation Fund has offered 2.69 trillion rials ($19.9 million) in loans to help emerging startups flourish during February-May.
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Publish Date: 19/June/2019 | 24:22

Call for Global Approach to Counter US Security Threats

EghtesadOnline: If more countries make a joint decision to counter the diverse range of security threats posed by the United States to global security, it can be forced to retreat and adopt a more responsible behavior, a senior security official said.
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Publish Date: 19/June/2019 | 24:20

EU Says Will Work to Keep Nuclear Deal in Place

EghtesadOnline: The European Union said on Monday that it will consider Iran to be complying with its obligations under a global nuclear deal up until the point scientific evidence emerges that it has breached its commitments.
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Publish Date: 19/June/2019 | 24:17

Iran Wants EU Banking Channel for Humanitarian Trade

EghtesadOnline: President of the Instrument in Support of Trade Exchange (INSTEX) recently conferred with economic and business authorities in Tehran on ways to remove barriers to launching the long-awaited European trade mechanism.
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Publish Date: 19/June/2019 | 24:08

Iran to Launch 22 Thermal Units Online by September

EghtesadOnline: The first gas unit of Dalahu Combined Cycle Power Plant in Eslamabad-e-Gharb County, Kermanshah Province, with a capacity of 310 megawatts came online on Monday.
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Publish Date: 19/June/2019 | 24:06

Iran's Non-Oil Trade With D-8 Increases by 31 Percent

EghteadOnline: Iran traded 994,733 tons of non-oil commodities worth $668.67 million with member states of the D-8 Organization for Economic Cooperation during the first Iranian month (March 21-April 20) to register a 3.71% decline in tonnage and a 31.92% rise in value compared with last year’s same month.
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Publish Date: 19/June/2019 | 24:02

Tehran Stocks Shed 1,000 Points

EghtesadOnline: The main index of Tehran Stock Exchange TEDPIX lost 1,000 points or 0.43% on Tuesday to end trading day at 237,148 points.
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Publish Date: 19/June/2019 | 24:00

Iran Steel Exports Exceed 1m Tons

EghtesadOnline: Major Iranian steelmakers exported 1.04 million tons of steel during the first two Iranian months (March 21-May 21) to register a year-on-year decline of 15%, latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) show.
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Publish Date: 19/June/2019 | 11:56