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Iran: Red Meat, Poultry Register Highest YOY Rise in Prices

EghtesadOnline: The Consumer Price Index of “Food and Beverages” (using the Iranian year to March 2017 as the base year) stood at 188.2 in the Iranian month of Bahman (Jan. 21-Feb. 19), indicating a 4.6% rise compared to the previous month.
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Publish Date: 25/February/2019 | 10:58

Huge Increase Forecast in Global Gas Demand

EghtesadOnline: Global natural gas demand will rise by almost 50% over the next 23 years and Iran will be among the major suppliers alongside Russia and the United States.
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Publish Date: 25/February/2019 | 10:54

Tehran Stock Exchange Extends Rally

EghtesadOnline: The benchmark TEDPIX average extended its winning streak to a second session on the Tehran Stock Exchange on Sunday, backed by renewed hopes about soon-to-be-released monthly earning results of companies.
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Publish Date: 25/February/2019 | 10:52

Call for Realistic Approach to FATF Standards

EghtesadOnline: Foreign Minister Mohammed Javad Zarif called on the bodies in charge of passing legal reforms to conform to global financial norms to realize the urgency of the situation and make a decision based on the ground realities.
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Publish Date: 25/February/2019 | 10:50

Majlis Expands Tax Payers’ List

EghtesadOnline: In an amendment to the next budget bill, the Majlis obliged the government on Saturday to levy tax on the earnings of Astan Qods Razavi, Executive Headquarters of the Imam's Directive - shortly known as Setad - and companies affiliated to the armed forces.
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Publish Date: 24/February/2019 | 11:25

Analyst Underscores Vital Need for Free Trade

EghtesadOnline: With proposals to split the Ministry of Industries, Mining and Trade into two separate ministries making the rounds once again, a business expert says the issue should be put on the backburner because the need of the hour is free trade.
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Publish Date: 24/February/2019 | 11:18

Iran Energy Ministry Repaying Debts

EghtesadOnline: The Energy Ministry has settled $1 billion of its debt to private power plants over the past 11 months.
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Publish Date: 24/February/2019 | 11:17

Tehran Stocks Soar 3 Percent

EghtesadOnline: Tehran Stock Exchange and Iran Fara Bourse clocked their biggest single-session point gains in more than a month on Saturday. TSE's main index, TEDPIX, rose 4,778.26 or 3.00%, as of market close, ending at 164,267.8 points. Iran Fara Bourse's main gauge IFX was up 42.37 points or 2.13%.
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Publish Date: 24/February/2019 | 11:12

Austrian Support for Green Power Expansion in Iran

EghtesadOnline: Iran has taken noticeable steps in recent years to develop its green energy sector and has the potential to emerge as a regional Green energy hub.
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Publish Date: 24/February/2019 | 11:10

Petrochem Complex in Khuzestan

EghtesadOnline: Construction of a new petrochemical complex in Andimeshk, Khuzestan Province, started at the weekend.
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Publish Date: 24/February/2019 | 11:04

Iran's Non-Oil Trade With Japan Dips 30%

EghtesadOnline: Iran traded 444,423 tons of non-oil commodities worth $613.26 million with Japan during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20), registering a 55.31% and 30.24% decline in tonnage and value respectively compared with last year's corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 24/February/2019 | 11:02

Stranded Norwegian Air Boeing Finally Leaves Iran

EghtesadOnline: A Boeing commercial airliner that belongs to budget carrier Norwegian Air and was stranded in Iran after an emergency landing in December, landed at Stockholm's Arlanda Airport early Saturday, Bloomberg reported citing a company statement.
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Publish Date: 24/February/2019 | 10:58

Carmakers Special Sales Trigger Car Buying Frenzy in Iran

EghtesadOnline: As car prices keep rising as never before, the two main Iranian auto companies, Iran Khodro and SAIPA, launched what they call are ‘special sales’, selling their cars like hotcakes.
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Publish Date: 23/February/2019 | 15:06

Iran Currency Market Calm

EghtesadOnline: Foreign exchange rates declined on Thursday, after a week of flurry brought the US dollar close to the psychological level of 140,000 rials the previous day.
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Publish Date: 23/February/2019 | 15:02

Caspian Oilfield Development Not on NIOC Agenda

EghtesadOnline: Developing oilfields, especially in the Caspian Sea is not on the agenda of the National Iranian Oil Company. Therefore, Khazar Exploration and Production Company as a subsidiary of the NIOC has adopted the same policy, said the managing director of KEPCO.
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Publish Date: 23/February/2019 | 15:00

Iran's Non-Oil Trade With EU Tops $8.5 Billion in 10 Months

EghtesadOnline: Iran traded 6.73 million tons of non-oil commodities worth $8.57 billion with member states of the European Union during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20) to register a 15.52% and 18.76% decline in tonnage and value respectively compared with last year’s corresponding period.
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Publish Date: 23/February/2019 | 14:57

FATF Extends Suspension of Iran Countermeasures Until June

EghtesadOnline: The anti-money laundering body, the Financial Action Task Force announced on Friday that it has extended the suspension of countermeasures against Iran for another four months, recognizing the country's efforts in meeting its Action Plan.
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Publish Date: 23/February/2019 | 14:53