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Iran Debt Market Worth $6b

EghtesadOnline: The nominal value of Iran 's debt market stood at 929.81 trillion rials ($6.57 billion) on Monday. The figure was 717.61 trillion rials ($5.07 billion) in the beginning of the current fiscal (March 21), indicating an increase of around 30%, said Mahsa Radfar, the head of Securities and Exchange Organization’s debt security issuance.
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Publish Date:23/October/2018 | 08:06

US Pushing SWIFT to Disconnect Iran

EghtesadOnline: US treasury secretary, Steven Mnuchin has announced that his agency is currently negotiating with the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global financial messaging service that connects more than 11,000 banks in more than 200 countries, on disconnecting Iran from the network.
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Publish Date:23/October/2018 | 08:02

Iran 's National Export Day: Top Officials Discuss Traders' Obstacles

EghtesadOnline: The National Day of Exports was marked in Iran on Sunday in a ceremony attended by top government officials and major economic players and traders. According to Mojtaba Khosrotaj, the official at the helm of Trade Promotion Organization of Iran , 500 companies account for 82% of Iran 's exports, IRNA reported.
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Publish Date:22/October/2018 | 09:38

Iran : Port Services Offered at Cheaper Exchange Rates

EghtesadOnline: All Iran ian exporters and importers can now employ cheaper foreign currency rates used in the government's system for registering trade when using maritime and port services.
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Publish Date:21/October/2018 | 05:56

US Sanctions Against Iran Ridicule Int'l Norms

EghtesadOnline: Foreign Ministry Spokesman Bahram Qasemi on Wednesday described the US’ fresh sanctions against banks and businesses as "psychological war" against the Iran ian people.
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Publish Date:20/October/2018 | 09:32

FATF Gives Iran Until February to Complete Reforms

EghtesadOnline: The international group that monitors money laundering worldwide said on Friday Iran had until February to complete reforms that would bring it into line with global norms or face consequences.
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Publish Date:20/October/2018 | 09:27

Iran ian Bank Debts to CBI Rising at Alarming Rate

EghtesadOnline: Debts of banks to the Central Bank of Iran have been rising at an alarming rate in recent years and the issue has become a major challenge for the banking system because the unpaid debts are a major factor behind the bulging liquidity and the galloping inflation.
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Publish Date:20/October/2018 | 09:24

Iran Engine Oil Production Rises 24%

EghtesadOnline: A total of 214 million liters of engine oil were produced by Iran ’s four major companies in the first half of the current Iran ian year (March 21-Sept. 22), registering a 24% rise compared with the similar period of last year.
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Publish Date:17/October/2018 | 06:25

NIOC Will Issue Manfa’ah Sukuk to Fund Projects

EghtesadOnline: Head of the National Iran ian Oil Company said it will issue Islamic debt security Manfa’ah sukuk on the stock market by early next month.
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Publish Date:17/October/2018 | 06:16

TEDPIX Ends Tuesday 1.24% Higher

EghtesadOnline: Tehran Stock Exchange’s main index gained 2,232.84 points or 1.24% on Monday to end trading at 182,834.3.
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Publish Date:17/October/2018 | 06:12

Oil Trading Listed on Iran Energy Exchange

EghtesadOnline: Iran officially started spot oil trading on its energy exchange on Tuesday with the National Iran ian Oil Company publishing a notice of offer on Monday, in which it outlined the terms and conditions of the trading mechanism.
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Publish Date:17/October/2018 | 06:09

Impact of Volatile Forex Market on Iran ian Tech Firms

EghtesadOnline: Vice President for Science and Technology Sorena Sattari says compared to other sectors, the recent volatility in the forex market has had a “slight” impact on knowledge-based firms. But businesses argue that the economic headwinds have led to a significant decline in demand for services, and when paired with increased overhead, have put companies under the cosh.
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Publish Date:16/October/2018 | 09:30

Cars to Cost More in Iran

EghtesadOnline: Automakers will soon receive the okay from relevant authorities to increase prices once again, a deputy minister of industries said. Bad news that translates into a simple message for the common man: cars are gradually becoming luxury items most families cannot afford anymore.
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Publish Date:16/October/2018 | 09:21

SMEs Account for 10% of Iran 's Exports

EghtesadOnline: Small- and medium-sized enterprises account for just over 10% of Iran 's total exports, according to Managing Director of small Industries Investment Guarantee Fund Mohammad Hossein Moqeiseh.
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Publish Date:16/October/2018 | 06:13

Iran Mineral Trade Surplus Rises to $3.5 Billion

EghtesadOnline: Iran 's trade surplus of mineral products increased notably to reach $3.5 billion at the end of the first half of the current fiscal year on Sept. 22, the latest official data show.
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Publish Date:16/October/2018 | 06:12