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Iran : Oil & Gas Sector Most Conducive for Business

EghtesadOnline: The research arm of Iran ’s Parliament has conducted a first-of-its-kind domestic investment security study, finding among other things that businesspeople active in the crude oil and natural gas sector have the highest perception of investment security among all sectors.
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Publish Date:18/September/2018 | 06:14

Iran Placed Atop High Human Development Nations

EghtesadOnline: Iran climbed one step to rank 60th among 189 countries reviewed in the latest Human Development Index report released by the United Nations Development Program.
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Publish Date:17/September/2018 | 04:45

Construction Permits in Iran Increase in Fiscal 2017-18

EghtesadOnline: The Statistical Center of Iran has published its latest figures concerning construction permits, showing that the number of permits issued increased both across Iran and in Tehran during the previous fiscal year that ended on March 20, 2018.
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Publish Date:17/September/2018 | 04:42

Iran Government to Authorize Crypto Hardware Imports

EghtesadOnline: Key entities in Iran 's government are preparing to officially endorse the import of hardware required to mine cryptocurrency in complementary efforts aimed at backing crypto mining to help an economy under heavy pressure.
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Publish Date:17/September/2018 | 04:40

Rial’s Slide Necessitates Bank M&A

EghtesadOnline: A senior banking official said the steep fall in the value of rial against the US dollar has strained banks’ balance sheets by dealing a blow to their capital levels.
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Publish Date:17/September/2018 | 04:32

Iran Q1 Growth at 1.8%: Central Bank (March-June 2018)

EghtesadOnline: Iran 's gross domestic product in the first quarter of the current fiscal year (March 21-June 21) stood at 1,676.7 trillion rials ($12.59 billion at Sanarate.ir's Sunday exchange rate of 133,132 rials per dollar).
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Publish Date:17/September/2018 | 04:29

FAO Surveys New Plant Breeding Approach in Iran

EghtesadOnline: An evolutionary, participatory plant breeding approach compatible with the Iran ian environment has been successful in reducing vulnerabilities of small-scale farmers, improving crop yields and boosting crop resilience to drought and other stressful events.
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Publish Date:16/September/2018 | 05:28

US Studying Potential Iran Sanction Waivers

EghtesadOnline: The United States is still studying possible waivers of sanctions against countries or businesses that continue commerce with Iran after Nov. 4, US Secretary of State Mike Pompeo said on Friday.
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Publish Date:16/September/2018 | 05:19

Exports by Iran ian Steelmaking Heavyweights See 5% Growth

EghtesadOnline: Major Iran ian steelmakers exported a total of 3.10 million tons of semi-finished and finished steel products during the first five months of the current fiscal year (March 21-Aug. 22) to register a 5% growth year-on-year, according to data released by Iran ian Mines and Mining Industries Development and Renovation Organization.
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Publish Date:16/September/2018 | 05:12

De-Dollarization Beneficial to Iran Trade Relations

EghtesadOnline: After Iran , Russia and Turkey, three regional allies hit by US sanctions, discussed a possible replacement of the US dollar by national currencies last week, business figures in Iran are now weighing in on the degree the plan can be implemented with success.
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Publish Date:16/September/2018 | 05:06

How Dollar Value Changes Affect Iran 's Q1 Foreign Trade

EghtesadOnline: The first quarter of the current Iran ian year (March 21-June 21) saw exports and imports in dollar terms of “Fishing” sector register the most remarkable changes, the Statistical Center of Iran reported.
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Publish Date:15/September/2018 | 11:03

Iran Crypto Mining Set to Take Off

EghtesadOnline: Days after a high-ranking official announced that Iran ’s government has embraced cryptocurrency mining, another peer has said requirements are in place to develop the industry quickly.
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Publish Date:15/September/2018 | 05:35

€3.2 Billion for Essential Imports

EghtesadOnline: Central Bank of Iran Governor Abdolnasser Hemmati announced on his Instagram page that €3.2 billion have been allocated for the import of essential goods in the past one month.
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Publish Date:15/September/2018 | 05:30

Europeans Exploring Payment System With Iran

EghtesadOnline: Germany and its European partners are considering setting up a payment system with Iran , which allows the continuation of business transactions with the Islamic Republic once US sanctions kick in, an economy ministry spokeswoman said on Friday.
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Publish Date:15/September/2018 | 05:24

Iran 's Top 10 Imports - Mar-Aug, 2018

EghtesadOnline: Iran imported 13.96 million tons worth $18.89 billion during the first five months of the current fiscal year (March 21-Aug. 22), down 5.82% in weight and 9.66% in value over last year’s similar period, the Islamic Republic of Iran Customs Administration announced.
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Publish Date:12/September/2018 | 08:12

Iran ian Steel Traders Welcome Free Market Dynamics

EghtesadOnline: The competitive ceiling for steel prices on the Iran ian Mercantile Exchange is to be removed, according to a letter written by Deputy Industries Minister Jafar Sarqeini wrote to Hamed Soltaninejad, chief executive of IME.
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Publish Date:12/September/2018 | 05:55

Industrial Exports Down 7% in Q1 2018-19

EghtesadOnline: Exports of Iran ’s industrial sector, excluding crude oil, hit 26.74 million tons worth $17.91 billion during the first three months of the current Iran ian year (March 21-June 21).
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Publish Date:11/September/2018 | 06:40

Iran Budget Deficit Widens to $2.9b

EghtesadOnline: Iran ’s budget deficit came in bigger than expected, as usual, in the first four months of the current fiscal year (March 21-July 22) to reach 312.5 trillion rials ($2.93 billion), the latest data released by the Central Bank of Iran on Monday show.
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Publish Date:11/September/2018 | 06:35