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Self-Imposed Sanctions Harming Private Sector

EghtesadOnline: Energy officials seem oblivious of the fact that domestic companies have the capacity to provide up to 80% of the equipment needed by the oil sector, head of the Iranian Oil Equipment Manufacturers' Association said.
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Publish Date: 13/May/2019 | 13:57

Zarif in Turkmenistan

EghtesadOnline: Foreign Minister Mohammed Javad Zarif was to start an official visit to Turkmenistan on Sunday with the aim of boosting relations between the two neighboring countries in diverse political and economic areas.
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Publish Date: 13/May/2019 | 13:55

OTP Not Mandatory For Minor Transactions

EghtesadOnline: The Central Bank of Iran published a note on its website to clarify ambiguities about the one-time password that will soon be offered by banks.
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Publish Date: 13/May/2019 | 13:53

A Survey of Iranians Active on Twitter

EghtesadOnline: Iranian news website Digiato, with help from artificial intelligence text analysis service provider Vakavic, has reviewed 1 million tweets posted in the last Iranian year (ended March 20, 2019) to find the highly trending topics and those with the most followers.
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Publish Date: 13/May/2019 | 13:51

Traders Expect $110 Oil

EghtesadOnline: Whether it is the US sending military warnings to Iran or tensions in Venezuela, some oil traders have started to gear up for a possible price surge as political risks escalate.
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Publish Date: 13/May/2019 | 13:49

Tehran Stocks Recover Some Earlier Losses

EghtesadOnline: Tehran stocks pared some earlier losses on Monday to compensate for over 1.8% of its benchmark fall in earlier sessions.
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Publish Date: 14/May/2019 | 11:48

$12.6b in Iran's Non-Oil Trade Surplus With Asia-Pacific Countries

EghtesadOnline: Iran traded 118.64 million tons of non-oil commodities worth $62.7 billion with member states of the United Nations’ Asia-Pacific region in the last fiscal year (ended March 20, 2019) to register a 9.2% and 12.76% decrease in tonnage and value respectively compared with last year’s corresponding period.
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Publish Date: 13/May/2019 | 13:41

Lake Urmia Reemerging

EghtesadOnline: An estimated 2.7 billion cubic meters of water has been released from dams in West Azarbaijan Province, namely Boukan Dam into Urmia Lake since the beginning of the current water year (September), director of the provincial Regional Water Company said Sunday.
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Publish Date: 13/May/2019 | 13:38

Unity, Understanding Could Help Blunt Intense US Pressure

EghtesadOnline: President Hassan Rouhani called on all political factions to join hands to resist the United States' political and economic pressure that he described as a "full-scale and unprecedented war".
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Publish Date: 13/May/2019 | 13:36

US Woos Iran With Carrot-and-Stick Approach

EghtesadOnline: US Secretary of State Mike Pompeo alleged that Iran is an “active threat” to American interests due to its activities in the Middle East, but the White House would “of course” welcome the opportunity to negotiate with Tehran.
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Publish Date: 13/May/2019 | 13:32

Machine-Made Carpet Exports Earn $350m p.a.

EghtesadOnline: Machine-made carpets account for half of Iran's textile exports, says Alireza Haeri, a board member of Iran Textile Specialists Association.
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Publish Date: 12/May/2019 | 14:20

Iran Serious About Rolling Back JCPOA Curbs If EU Inertia Persists

EghtesadOnline: The European Union should not underestimate Iran's determination to gradually reduce its commitments under the 2015 nuclear deal a year after the United States' pullout and other parties' failure to compensate for Tehran’s losses, a senior diplomat said.
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Publish Date: 12/May/2019 | 14:15

Japan Offers to Mediate Between Iran, US

EghtesadOnline: The Japanese government hopes to mediate between the United States and Iran to rescue the landmark 2015 international nuclear deal, officials said.
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Publish Date: 12/May/2019 | 14:14

White House Shares Number in Case Tehran Wants to Call

EghtesadOnline: After US President Donald Trump publicly appealed to Iran to call him amid heightened tensions with Tehran, the White House contacted the Swiss on Thursday to share a phone number the Iranians could call Trump on, according to a diplomatic source familiar with the move.
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Publish Date: 12/May/2019 | 14:10

Iran's GIO Launches Auto Market Investigation

EghtesadOnline: Following weeks of upheaval in Iran’s auto market when prices hiked hourly, the judiciary-affiliated General Inspection Organization of Iran has started an investigation into the sector.
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Publish Date: 12/May/2019 | 14:07

Printing Money Does Not Fix Budget Deficits

EghtesadOnline: The Central Bank of Iran is strongly opposed to the policy of printing money to plug budget holes, Abdolnasser Hemmati, the CBI boss, said.
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Publish Date: 12/May/2019 | 14:04

In Last Fiscal: Currency Returns Outperform

EghtesadOnline: A report by Tehran Chamber of Commerce, Industries, Mine and Agriculture shows the foreign exchange market recorded the highest return in the previous fiscal (March 2018-19) compared to a year earlier.
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Publish Date: 12/May/2019 | 14:03