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Iran Parliament Commission Okays Outlines of Budget Bill

EghtesadOnline: The parliamentary body responsible for reviewing the budget bill, Majlis Joint Commission, approved the outlines of the government-proposed budget for the next Iranian year (March 2019-20) on Sunday.
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Publish Date: 14/January/2019 | 24:46

Iran Mobile Phone Market Worth $438m

EghtesadOnline: In the last fiscal that ended in March 2018, Iran’s mobile phone market was worth 17.72 trillion rials. At that time the greenback on average fetched 40,450 rials, which means the local cellphone market almost a year ago was worth $438 million.
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Publish Date: 14/January/2019 | 24:39

Iran Agrifood Exports Up 15.3%, Imports Down 4.9 Percent

EghtesadOnline: Iran exported 5.06 million tons of agricultural and food products worth $4.76 billion during the first nine months of the current Iranian year (March 21-Dec. 21) to register a 15.3% growth in value compared with last year's corresponding period.
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Publish Date: 14/January/2019 | 24:36

Iranian Bank Makes Foray Into Fintech Sector

EghtesadOnline: To claim a share of Iran’s growing fintech market, Bank Mellat has launched an innovation center to help promote the application of smart technologies in banking.
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Publish Date: 14/January/2019 | 24:32

Slight Downtick in Iran's Aluminum Output

EghtesadOnline: Iran's major aluminum producers' output stood at 249,017 tons during the nine months to Dec. 21, which indicates a 1% decrease compared with last year's corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization reported.
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Publish Date: 14/January/2019 | 24:29

Iran's Foreign Minister Due in Iraq

EghtesadOnline: Foreign Minister Mohammed Javad Zarif is to leave Tehran for Iraq on Sunday as part of a regional tour to boost the country’s international relations.
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Publish Date: 13/January/2019 | 14:34

Car Buyers in Iran Get a Raw Deal

EghtesadOnline: Due to the new US sanctions and the economic headwinds, production of poor quality and outdated (but apparently affordable) vehicles like SAIPA’s Pride cannot be banned, head of Iran Standard and Quality Inspection Company (ISQI) says.
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Publish Date: 13/January/2019 | 14:32

How Can Iran Economy Make Inroads Into Sports Industry

EghtesadOnline: How can Iran’s economy make big inroads into sports industry when 70% of people are merely speculators and give physical activity a wide berth? This was a question participants of a meeting entitled “Privatization of Professional Football Clubs: Opportunities and Threats” brought up for discussion at Iran Chamber of Commerce, Industries, Mines and Agriculture.
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Publish Date: 13/January/2019 | 14:29

Currency Rates Rise in Tehran, CBI Reassures Public

EghtesadOnline: Foreign exchange rates surged in the Tehran market on Saturday, prompting the Central Bank of Iran to release a statement to reassure the public that it has a grip on the market.
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Publish Date: 13/January/2019 | 14:26

Iran's Android Market Highlights Top 6 Reasons Apps Get Rejected

EghtesadOnline: Iranian Android market Cafe Bazaar in its latest report has said why apps mostly get rejected by it for distribution. Poor interface, low-quality content, and security flaws are among the main reasons listed by the company.
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Publish Date: 12/January/2019 | 14:26

72% Iran Households Have Internet Connection

EghtesadOnline: By March 2018, more than 72% of households in Iran had access to the Internet, the Statistical Center of Iran reported.
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Publish Date: 12/January/2019 | 14:07

Exporters Complain: Central Bank of Iran Policies Hinder, Not Help

EghtesadOnline: As the Central Bank of Iran struggles to stabilize the foreign exchange market – a colossal task that has long exacted energy and focus of the regulator – some argue that the CBI’s disproportionate focus on controlling the demand side of forex could ultimately do more harm than help.
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Publish Date: 19/January/2019 | 24:30

Iran's CB to Tap Blockchain Technology

EghtesadOnline: Blockchain technology is set to decentralize mechanisms governing the world’s financial systems and the Central Bank of Iran has focused efforts on studying ways to benefit from that technology, says the secretary general of Central Bank of Iran.
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Publish Date: 12/January/2019 | 14:04