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Exchangers in Iran Resume Work With New To-Do List

EghtesadOnline: With the government's rescue package for the currency market in full swing, exchange bureaus have found a newly-defined role after nearly four months of zero transaction.
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Publish Date:11/August/2018 | 05:14

Iran ian MVNO Introduces Family Friendly Mobile Plan

EghtesadOnline: Iran ian mobile virtual network operator Amin has introduced a SIM card and mobile plan named Teentaak designed to provide parental control over youngsters' communications technology usage.
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Publish Date:08/August/2018 | 07:30

Why One Company in France Won’t Bid Adieu to Iran

EghtesadOnline: As the US reimposes sanctions on Iran , some small European businesses remain steadfast in their choice to continue trading with Tehran despite “risks”.
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Publish Date:08/August/2018 | 04:55

Int'l Consortium to Invest $7b in Iran Petrochem Sector

EghtesadOnline: A consortium of Philippine and Chinese companies will help Iran complete its value chain in the petrochemical industry, National Petrochemical Company's deputy for investment said.
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Publish Date:07/August/2018 | 09:43

Iran Tire Industry Wary of Market Volatility

EghtesadOnline: With tire importers grappling with government bureaucracy, which has hampered entry of goods and impeded the supply chain, tires are soon to go scarce and just like many other commodities their prices are certain to skyrocket in the coming days.
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Publish Date:07/August/2018 | 09:37

Iran Budget Deficit Hits $6.5b

EghtesadOnline: Iran ’s budget deficit came in bigger than expected in the first quarter of the current fiscal year (March 21-June 21) to reach 290.1 trillion rials ($6.59 billion), according to the Central Bank of Iran ’s latest report.
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Publish Date:07/August/2018 | 06:30

DRI Exports Banned

EghtesadOnline: The government has banned the export of direct-reduced iron to increase supply to local downstream plants.
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Publish Date:07/August/2018 | 06:14

ATR Deliveries Prove EU’s Support for Businesses Against US Sanctions

EghtesadOnline: The Franco-Italian planemaker ATR Aircraft delivered five new ATR 72-600 planes to Iran Air on Saturday and the jets landed in Tehran a day later on Sunday, which move is interpreted by Iran Air's CEO as a proof of European Union’s ability to support businesses against unruly US sanctions.
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Publish Date:06/August/2018 | 11:03

CBI Delivers Presold Gold Coins

EghtesadOnline: The Central Bank of Iran said on Saturday it has fulfilled its commitment of delivering the gold coins purchased by people during the presale scheme in the past few months.
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Publish Date:06/August/2018 | 11:01

Iran Foreign Exchange and Gold Market Volatility Subsides

EghtesadOnline: Rial rebounded on Sunday, in anticipation of Central Bank of Iran Governor Abdolnasser Hemmati's announcement of the new plan to calm forex market volatility that has seen Iran ian currency sink to a series of record lows.
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Publish Date:06/August/2018 | 10:56

Low Water Bills Blamed for High Consumption

EghtesadOnline: Iran will face widespread water shortage sooner-than-expected if water price is not adjusted, Energy Minister Reza Ardekanian said on Friday.
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Publish Date:05/August/2018 | 13:23

Gold Demand at Four-Year High

EghtesadOnline: Iran ’s gold bar and coin sales tripled to 15.2 tons in the second quarter of 2018, the highest in four years, the World Gold Council announced.
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Publish Date:05/August/2018 | 05:26

Why Is Europe Underplaying Its Hand on Iran ?

EghtesadOnline: Following US President Donald Trump’s May 8 decision to withdraw from the Joint Comprehensive Plan of Action, the United States has embarked on a “maximum pressure” campaign against Iran .
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Publish Date:04/August/2018 | 04:15

Housing Market Beholden to Parallel Markets

EghtesadOnline: As Iran continues to battle a currency crisis mainly brought about by expectations of worsening international ties because of the reimposition of US sanctions, the country’s housing market has experienced extreme fluctuations, especially in terms of prices, and its future seems completely tied to currency developments in the coming months.
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Publish Date:04/August/2018 | 04:12

India Crude Imports From Iran Increase 48 Percent

EghtesadOnline: India’s Ministry of Petroleum has announced that crude imports from Iran witnessed a massive jump this June in comparison to last year, disproving reports published by global research agencies that India had heavily cut down crude purchases from Iran due to American sanctions.
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Publish Date:01/August/2018 | 09:53