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Iran : Interest Rate Growth Gathers Pace

EghtesadOnline: Two major banks have been allowed by the Central Bank of Iran to offer certificate of deposit (CD) at interest rates higher than the current ceiling, reinforcing months-long speculations that the regulator will raise interest rates.
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Publish Date:19/August/2018 | 04:26

China Water Company Signs MoU to Build Dams in Maku

EghtesadOnline: A memorandum of understanding was signed by Maku Free Zone, China Water Company and Azarab Oil and Gas Company to build two dams in West Azarbaijan Province.
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Publish Date:18/August/2018 | 10:55

ICT Minister Sees Bright Future for Local Startups

EghtesadOnline: Unperturbed by the current economic volatility that Iran is grappling with, the ICT minister envisions a bright prospects for local startups saying he still believes that at least five Iran ian startups will grow to become unicorns in the not too distant future.
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Publish Date:18/August/2018 | 10:50

New ATR Planes Join Iran Air Fleet

EghtesadOnline: The ATR 72-600 planes recently delivered to Iran Air have become operational, with one making its debut flight on domestic routes from Tehran to Mashhad on Friday.
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Publish Date:18/August/2018 | 09:00

TPO Clarifies Import Ban List to Foreign Traders

EghtesadOnline: The recent ban imposed on the import of certain products has caused serious problems for countries wishing to continue trade with Iran , despite United States' sanctions.
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Publish Date:18/August/2018 | 08:54

Decline in Forex Rates Expected

EghtesadOnline: While the foreign exchange rates are still considered bullish by most observers, both officials and businesspeople expect the market to stabilize in the coming days, as the latest rescue package takes effect.
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Publish Date:18/August/2018 | 04:20

Tehran Groundwater Reserves Decline by 150 mcm Per Year

EghtesadOnline: Groundwater reserves in Tehran Province have fallen by 150 million cubic meters per annum, the director for water reserves conservation at the Regional Water Company of Tehran said.
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Publish Date:15/August/2018 | 07:22

Iran 's OSP Discount Follows Global Norms

EghtesadOnline: National Iran ian Oil Company's reduction of official selling price for Asian buyers is not higher than the global market norms and is on par with trends followed by all producers, a company source with knowledge of the matter said on Sunday.
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Publish Date:15/August/2018 | 07:18

Ride-Hailing Firms Face New Challenges in Iran

EghtesadOnline: The widespread clash between ride-hailing services like Uber and Lyft on one side and authorities and old-school cabbies around the globe has made its way to Iran , with municipalities across the country calling on the government and Parliament to "regulate" the online services, while ride-hailing firms oppose such interventions arguing that such moves would certainly create a conflict of interests involving authorities.
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Publish Date:15/August/2018 | 07:06

Iraq to Respect Dollar Ban But Not All US Sanctions on Iran

EghtesadOnline: Iraqi Prime Minister Haider al-Abadi stepped back from his proclamation to abide by new US sanctions on Iran on Monday, saying his government would only respect the dollar ban in transactions with Iran .
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Publish Date:15/August/2018 | 05:12

How Turkey’s Lira Crisis Could Impact Iran

EghtesadOnline: Over the past week, the value of Turkish lira collapsed yet another time. At first glance, this seems like a problem peculiar to Turkey, but economists are warning that the Turkish lira’s slide will have a ripple effect on Iran ’s economy.
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Publish Date:15/August/2018 | 05:08

Call for Combating Online Gambling

EghtesadOnline: Telecoms Minister Mohammad Javad Azari Jahromi has urged the Central Bank of Iran to help crack down on online gambling which, he warned, is spreading at an alarming rate.
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Publish Date:15/August/2018 | 05:01

US Sanctions on Iran Affect Trade With UAE

EghtesadOnline: The latest US sanctions against Iran are forcing many Iran ian businesses in the UAE, which has recently become a trade hub of Iran ian goods, to move to other countries like Turkey and Qatar.
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Publish Date:15/August/2018 | 04:58

New Government Policies Reduce Forex Demand in Iran

EghtesadOnline: The implementation of new foreign exchange policies by the Iran ian government has meaningfully curbed unnecessary demand for cheap currency, the industries minister said.
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Publish Date:15/August/2018 | 04:55

Copper Concentrate Output Grows 10%

EghtesadOnline: Major Iran ian copper producers produced 413,739 tons of copper concentrate during the first four months of the current fiscal year (March 21-July 22), which indicates a 10% growth compared with last year’s corresponding period.
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Publish Date:14/August/2018 | 05:39

Iran ’s Amendments to CFT Law, a Step in Right Direction

EghtesadOnline: Amendments to the CFT (Combating Financing of Terrorism) Law of the Islamic Republic of Iran were finally approved by the Guardians Council on Aug. 1 and have been notified by the president to related ministries on Aug. 11.
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Publish Date:14/August/2018 | 05:36

Iran : South Pars Phase 11 Contract Unchanged

EghtesadOnline: The agreement to develop South Pars Gas Field's Phase 11 in the Persian Gulf with France’s Total and China National Petroleum Corporation has not undergone any changes yet.
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Publish Date:13/August/2018 | 07:12