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Iran Cryptocurrency Document Drafted

EghtesadOnline: The draft of the document on the national Cryptocurrency has been prepared at the behest of President Hassan Rouhani, an official at the National Cyberspace Center said.
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Publish Date:26/August/2018 | 05:25

Central Bank of Iran Sets Forex Deposit Terms

EghtesadOnline: The Central Bank of Iran on Saturday notified a directive to the banking system, which sets foreign currency deposit interest rates and doubles down on the previous promise of guaranteed returns.
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Publish Date:26/August/2018 | 05:20

Top US Banks Against Iran SWIFT Embargo

EghtesadOnline: T wo top American financial institutions would not commit to cutting Iran ian access to international financial markets, a cornerstone of the new anti- Iran sanctions of US President Donald Trump's administration.
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Publish Date:26/August/2018 | 05:15

Iran Chamber of Commerce Urges FATF Compliance

EghtesadOnline: Iran Chamber of Commerce, Industries, Mines and Agriculture, the country's largest private sector group, has emphasized the necessity of Iran joining the inter-governmental Financial Action Task Force.
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Publish Date:20/August/2018 | 04:34

No Plan to Undersell Petrochem Feedstock

EghtesadOnline: Although Indian investors have signaled their interest in petrochemical projects, they stress that gas feedstock prices offered by Iran is too expensive to let them clinch a final deal, National Petrochemical Company's deputy for investment said.
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Publish Date:19/August/2018 | 07:26

Iran Auto Industry’s Facts and Figures

EghtesadOnline: During the first four months of the current fiscal which started in March, Iran ian automakers manufactured 436,136 cars and commercial vehicles, down 0.1% from last year’s 436,413 units.
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Publish Date:19/August/2018 | 07:23

Iran ian Lawmakers Conclude Review of Central Bank Bill

EghtesadOnline: Members of the economic commission of Iran ’s Parliament on Tuesday concluded the review of reform measures concerning the Central Bank of Iran , which is part of wider reforms aimed at overhauling the country’s ailing banking system.
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Publish Date:12/September/2018 | 06:02

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