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High-Quality Domestic Products Can Help Spur Employment

EghtesadOnline: President Hassan Rouhani on Monday called on domestic manufacturers to enhance the quality of their products, as it could help win people’s trust and create more jobs, which are necessary to ease the pressure of sanctions.
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Publish Date: 26/February/2019 | 24:21

NIDC Carries Out 123 Drilling and Repair Operations Nationwide

EghtesadOnline: The National Iranian Drilling Company has drilled and repaired 123 onshore and offshore wells over the past 11 months, the company’s deputy managing director for drilling operations said Monday.
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Publish Date: 26/February/2019 | 24:17

Minister Opposes Free Water, Electricity for Schools

EghtesadOnline: The government decision to exempt schools from paying water and electricity bills will impose an added burden on schools, society and the nation as whole, the energy minister said Sunday.
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Publish Date: 26/February/2019 | 24:14

Iran to Launch OTC Forex Trading

EghtesadOnline: The soon-to-be-launched regulated foreign exchange market, the framework for which has been approved, will function as an over-the-counter market.
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Publish Date: 26/February/2019 | 24:10

Iran Parliament Votes to Augment Transparency

EghtesadOnline: To help inculcate transparency in statecraft, the parliament ratified one amendment to the next year’s (March 2019-20) budget bill on Monday obliging government-affiliated firms to log their activities in an online system.
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Publish Date: 26/February/2019 | 24:07

Iran Agrifood Trade Deficit Sees 10% Improvement

EghtesadOnline: Iran recorded an agrifood trade deficit of $2.8 billion in the first 10 months of the current Iranian year (March 21, 2018-Jan. 20), which shows a 10.5% improvement year-on-year.
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Publish Date: 26/February/2019 | 24:05

Iran's CB Reviews Changes in Export Price Index

EghtesadOnline: The export price index stood at 723.5 in the tenth month of the current fiscal year (Dec. 22, 2018-Jan. 20), registering a 3.4% decrease compared with the preceding month and 140.7% rise against the same month of last year, the Central Bank of Iran’s latest data show.
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Publish Date: 26/February/2019 | 24:03

Larger Capital Market Role in 2019-20 Budget

EghtesadOnline: A study by Tehran Stock Exchange about the role and significance of the capital market in next year's (March 2019-20) budget – currently being debated in the parliament – has concluded that the prospects for the capital market looks promising.
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Publish Date: 26/February/2019 | 24:01

Children, Video Game Issues Upfront

EghtesadOnline: A panel discussion on ‘Kids and Video Games’ was held at the ICT Ministry, where local game industry stakeholders and experts discussed the increasing popularity of video games and issues that have become a major concern for most parents.
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Publish Date: 25/February/2019 | 11:15

Five Startup Accelerators for Tehran

EghtesadOnline: Five startup accelerators will soon start work in Tehran as per an agreement between Vice Presidential Office for Science and Technology, the Information Technology Organization, and a knowledge-based firm named Hub backed by Shahid Beheshti University.
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Publish Date: 25/February/2019 | 11:13

South Pars Phase 14 Reports Progress

EghtesadOnline: Phase 14 of South Pars Gas Field in the Persian Gulf has registered 84% progress, said the energy deputy at the Industrial Development & Renovation Organization of Iran.
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Publish Date: 25/February/2019 | 11:09

World's 4th Largest Stone Reserves in Iran

EghtesadOnline: With more than 4 billion tons, Iran has the fourth largest stone reserve in the world, according to the organizer of the 15th International Exhibition of Stones, Quarries and Related Industries.
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Publish Date: 25/February/2019 | 11:07

€2.3b NDFI Resources for National Projects

EghtesadOnline: Lawmakers allowed the government on Sunday to withdraw €2.37 billion from the National Development Fund of Iran to be paid in foreign currency for completing national projects in the next fiscal that starts on March 21.
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Publish Date: 25/February/2019 | 11:04

Iran's Non-Oil Trade With Africa Tops $670m in 10 Months

EghtesadOnline: Iran traded 1.86 million tons of non-oil commodities worth $672.26 million with the member states of African Group during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20) to register a 16.48% and 22.55% decline in tonnage and value respectively compared with last year’s corresponding period.
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Publish Date: 25/February/2019 | 11:03

3 Secondhand Airbus Jets Join Iran Air Fleet

EghtesadOnline: Iran's national flag carrier Iran Air, also known as Homa, added three secondhand Airbus A319 jets to its fleet on Sunday for commemorating its 57th anniversary.
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Publish Date: 25/February/2019 | 11:00

Iran: Red Meat, Poultry Register Highest YOY Rise in Prices

EghtesadOnline: The Consumer Price Index of “Food and Beverages” (using the Iranian year to March 2017 as the base year) stood at 188.2 in the Iranian month of Bahman (Jan. 21-Feb. 19), indicating a 4.6% rise compared to the previous month.
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Publish Date: 25/February/2019 | 10:58

Iran: Red Meat, Poultry Register Highest YOY Rise in Prices

EghtesadOnline: The Consumer Price Index of “Food and Beverages” (using the Iranian year to March 2017 as the base year) stood at 188.2 in the Iranian month of Bahman (Jan. 21-Feb. 19), indicating a 4.6% rise compared to the previous month.
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Publish Date: 25/February/2019 | 10:58

Huge Increase Forecast in Global Gas Demand

EghtesadOnline: Global natural gas demand will rise by almost 50% over the next 23 years and Iran will be among the major suppliers alongside Russia and the United States.
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Publish Date: 25/February/2019 | 10:54

Tehran Stock Exchange Extends Rally

EghtesadOnline: The benchmark TEDPIX average extended its winning streak to a second session on the Tehran Stock Exchange on Sunday, backed by renewed hopes about soon-to-be-released monthly earning results of companies.
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Publish Date: 25/February/2019 | 10:52

Call for Realistic Approach to FATF Standards

EghtesadOnline: Foreign Minister Mohammed Javad Zarif called on the bodies in charge of passing legal reforms to conform to global financial norms to realize the urgency of the situation and make a decision based on the ground realities.
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Publish Date: 25/February/2019 | 10:50