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Banking Restrictions Take Toll on China-Iran Trade

EghtesadOnline: China has been Iran's biggest trading partner and its export destination–although that position went briefly to Iraq in the second half of 2018– and Tehran continues to seek stronger ties with its "traditional ally."
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Publish Date: 02/March/2019 | 24:03

Iran Handicraft Exports at $190m in 8 Months

EghtesadOnline: About $190 million worth of handicrafts were exported from Iran during the first eight months of the current Iranian year (March 21-Nov. 21, 2018).
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Publish Date: 02/March/2019 | 24:02

Commerce Chambers Elections Today

EghtesadOnline: The ninth elections of commerce, industries, mines and agriculture chambers are set to be held today, March 2, across the country.
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Publish Date: 02/March/2019 | 24:01

CBI Chief: FATF Crucial for Foreign Banking Ties

EghtesadOnline: Governor of the Central Bank of Iran Abdolnaser Hemmati says recommendations of the anti-money laundering body, the Financial Action Task Force, are part and parcel of international banking norms and thus essential for financial ties to the outside world.
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Publish Date: 02/March/2019 | 11:57

Parliamentary Elections Set for Feb. 2020

EghtesadOnline: With the approval of the Guardians Council, the 11th round of parliamentary elections will be held on Feb. 21, 2020, the Interior Ministry's spokesperson said.
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Publish Date: 02/March/2019 | 11:49

Presidential Chief of Staff Says Rouhani Stands Behind Zarif

EghtesadOnline: President Hassan Rouhani stands behind and completely approves of the performance of Foreign Minister Mohammed Javad Zarif who unexpectedly announced his resignation on Monday, the presidential chief of staff said.
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Publish Date: 27/February/2019 | 24:30

Rouhani Mounts Strong Defense of FATF Bills

EghtesadOnline: President Hassan Rouhani on Tuesday strongly defended his government's initiative to comply with global anti-money laundering and countering financing of terrorism standards, saying failure to do so would be a blow to Iran's banking and financial ties with the outside world.
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Publish Date: 27/February/2019 | 24:22

Tehran Stocks Shed 2,000 Points

EghtesadOnline: Tehran Stock Exchange turned bearish on Tuesday with the benchmark index TEDPIX losing 2,082.14 points or 1.25% after news about the resignation of Foreign Minister Javad Zarif rattled the markets.
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Publish Date: 27/February/2019 | 24:19

Fuel-Efficiency List: All Locally-Made Cars Get Zero

EghtesadOnline: Gasoline consumption has reached an unprecedented average of 90 million liters per day and substandard cars are definitely the major contributors to the worsening air pollution and related problems, former deputy director of the Majlis Research Center said Tuesday.
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Publish Date: 27/February/2019 | 24:17

Telecom Services Expanding in Iran Rural Areas

EghtesadOnline: Broadband Internet services will be available in almost all rural areas in Iran by the end of the next Iranian year (March 2020), according to the ICT Ministry.
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Publish Date: 27/February/2019 | 24:15

Central Bank of Iran Allowed to Start OMO

EghtesadOnline: The parliament approved the section of next year’s (March 2019-20) budget bill that allows the Central Bank of Iran to launch secondary markets for trading Islamic bonds issued by the government. The measure is aimed at curbing inflation, the parliamentary news website ICANA reported.
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Publish Date: 27/February/2019 | 24:12

'Chabahar Day' Showcases Economic Opportunities

EghtesadOnline: "Chabahar Day" was marked in the strategic Iranian port city located in the southeastern Sistan-Baluchestan Province in the presence of representatives of 17 countries, including Afghanistan and India, on Feb. 26.
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Publish Date: 27/February/2019 | 24:09

Iran Space Research Center Launches EMC Lab

EghtesadOnline: An Electromagnetic Compatibility (EMC) testing lab was launched on Monday in Tehran by the Iranian Space Research Center in a move to boost the space program.
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Publish Date: 27/February/2019 | 24:00

Iran-Armenia Trade Hits Record High

EghtesadOnline: Trade between Iran and neighboring Armenia hit $364 million in 2018—a record high since Armenia became independent after the dissolution of the Soviet Union in 1991, Iran’s commercial attaché to Yerevan said.
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Publish Date: 27/February/2019 | 11:55

6th Oil Offer on Iran Energy Exchange Next Week

EghtesadOnline: The next round of crude oil offer on Iran Energy Exchange (IRENEX) will be made by the National Iranian Oil Company on March 4. Offer conditions are the same as the previous round with regard to volume and purchasing terms.
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Publish Date: 27/February/2019 | 11:53

Iran proud of supporting Syria: Ayatollah Khamenei

EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says the Islamic Republic is honored to support Syria and considers it as equal to supporting the entire resistance front.
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Publish Date: 26/February/2019 | 24:25

Russia: No Plan for Joint Operations in Syria

EghtesadOnline: Moscow, Tehran and Ankara have no plans to carry out joint military operations in Syria, Russian Foreign Minister Sergey Lavrov said in an interview with Vietnam’s national broadcaster Vietnam Television, China’s CCTV and Phoenix TV.
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Publish Date: 26/February/2019 | 24:23