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Japan Banks Set to Resume Iran Oil Transactions

EghtesadOnline: Major Japanese banks are set to resume Iranian oil transactions after receiving final regulatory clearance, paving the way for the country's refiners to begin loadings as early as this month, sources with direct knowledge of the matter told S&P Global Platts Tuesday.
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Publish Date: 16/January/2019 | 13:18

Subsidized Imports Spur Smuggling of Essential Goods From Iran

EghtesadOnline: S ugar cubes, tomato paste, rice, fish, eggs and many other products categorized by the government as “essential goods”, importers of which get subsidized foreign currency, are now popping up in shops of neighboring countries.
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Publish Date: 16/January/2019 | 13:16

Iranian Startups Need Affirmative Action: Report

EghtesadOnline: A bloated bureaucracy, red tape and lack of well-defined and unambiguous legal frameworks regarding copyright and user privacy are the main hurdles Iranian startups and e-commerce firms say they are grappling with.
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Publish Date: 16/January/2019 | 13:14

Iran Satellite Did Not Reach Orbit

EghtesadOnline: Iran’s bid to put into orbit a micro-class non-military satellite named Payam failed due to technical problems during launch.
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Publish Date: 16/January/2019 | 13:10

Iran a Reliable Partner for Iraqi Kurdistan

EghtesadOnline: Foreign Minister Mohammed Javad Zarif spotlighted Iran’s reliability as a business partner during his visit to Erbil in Iraqi Kurdistan on Tuesday.
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Publish Date: 16/January/2019 | 13:08

Iran: Regulated Forex Market Structure Announced

EghtesadOnline: In a meeting attended by officials from the Central Bank of Iran and an association comprising players in upcoming regulated forex market on Monday, details of the mechanisms of the new market were announced.
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Publish Date: 16/January/2019 | 13:06

Traders Fear Europe's SPV May Not Fend Off US Sanctions on Iran

EghtesadOnline: As Iranian traders (and more broadly Europeans) wait for the launch of the long-awaited special purpose vehicle by European powers, some businesses fear that the trade mechanism may after all fail to shield Iran’s trade from the long reach of US sanctions.
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Publish Date: 16/January/2019 | 13:04

Anti-Smog Fight Continues

EghtesadOnline: As part of Tehran Municipality’s unending fight against dirty air, over the past seven weeks half a million smog inducing vehicles have been fined for infringing traffic regulations.
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Publish Date: 15/January/2019 | 15:20

2 Petrochemical Projects in Bushehr Near Completion

EghtesadOnline: Two petrochemical companies in southern Bushehr Province, Kaveh Methanol Complex and the first phase of Bushehr Petrochemical Complex, will be inaugurated by the end of the current fiscal in March, director for projects at the National Petrochemical Company said Sunday.
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Publish Date: 15/January/2019 | 15:10

S. Korea Resumes Condensate Import From Iran

EghtesadOnline: A South Korean oil buyer is set to receive about 2 million barrels of Iranian condensate in January, a source familiar with the matter said on Monday.
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Publish Date: 15/January/2019 | 15:03

Iran Faces Nursing Shortage

EghtesadOnline: The nurse to bed ratio in Iran is at 0.8, the head of Nursing Organization of Islamic Republic of Iran said.
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Publish Date: 15/January/2019 | 15:01

Hope on SPV Has Not Faded Away

EghtesadOnline: Iran is displeased with the European Union for its delay in launching a financial payment channel to circumvent the United States sanctions, but has not yet completely lost hope of the plan’s eventual implementation, a senior diplomat said.
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Publish Date: 15/January/2019 | 14:55

Iran Airport Traffic in Decline (Dec 2018)

EghtesadOnline: Iran Airports Company registered 327,803 takeoffs and landings during the first nine months of the current Iranian year (March 21-Dec. 21), which shows a 13% decrease compared with the similar period of last year.
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Publish Date: 15/January/2019 | 14:51

Gold in Tehran Steady Despite Int’l Rally

EghtesadOnline: Despite an uptick in gold prices in international markets on Monday, the yellow metal stayed almost unchanged in Tehran due largely to falling currency rates.
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Publish Date: 15/January/2019 | 14:46

15 Killed in Cargo Plane Crash in Iran

EghtesadOnline: Fifteen people on board were killed when a Boeing 707 cargo plane crashed Monday morning after it skidded off the runway during an emergency landing at Fath Airport in Iran's Alborz Province.
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Publish Date: 15/January/2019 | 14:44

Iraq Interested in Closer Cooperation

EghtesadOnline: Iraqi Prime Minister Adel Abdul Mahdi said in a meeting with Iranian Foreign Minister Mohammed Javad Zarif on Sunday that his country is pursuing stronger ties with Iran.
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Publish Date: 15/January/2019 | 14:41

Polish Envoy Summoned Over Upcoming Iran-Focused Summit

EghtesadOnline: Iran’s Foreign Ministry summoned a senior Polish diplomat on Saturday and warned of reciprocal measures after Warsaw announced plans to host a global summit with the United States focused on the Middle East, particularly Iran.
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Publish Date: 14/January/2019 | 24:55

Zarif on Multipurpose Visit to Iraq

EghtesadOnline: Foreign Minister Mohammed Javad Zarif arrived in Iraq on Sunday at the head of a 30-strong delegation of political and economic figures.
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Publish Date: 14/January/2019 | 24:52