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Banks Ostensibly Have Enough Liquidity

EghtesadOnline: During the last round of open market operation by Central Bank of Iran Wednesday, none of the lenders put up their bonds on offer, indicating they are not now in need of liquidity.
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Publish Date:29/February/2020 | 06:55

Raisins: Iran 's 3rd Major Non-Oil Export Commodity

EghtesadOnline: Raisins are Iran ’s third top non-oil export item after carpets and pistachios, the head of East Azarbaijan Agricultural Jihad Organization said.
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Publish Date:29/February/2020 | 06:53

New Incentives for Mass Housing Builders

EghtesadOnline: The Iran ian Barter Market will see sales of construction materials on credit to real-estate developers introduced by the Ministry of Roads and Urban Development as per the memorandum of understanding signed on Tuesday.
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Publish Date:29/February/2020 | 06:50

Iran Confirms 43 Coronavirus Cases, 8 Dead

EghtesadOnline: Iran has confirmed 43 cases of people infected with the new coronavirus, with eight reported dead by Sunday noon, health officials said.
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Publish Date:29/February/2020 | 06:44

Tehran Water Crisis: More Rains But No Solace

EghtesadOnline: Higher precipitation in recent days has not defused Tehran’s water crisis that continues to worsen, head of the Base Studies Department in the provincial water company said.
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Publish Date:29/February/2020 | 06:34

Tehran Stocks End Week on Strong Note

EghtesadOnline: Tehran stocks closed trading week more than 1.4% higher on Wednesday, leaving behind a short-lived correction phase one day earlier.
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Publish Date:29/February/2020 | 06:29

Tehran Stocks Lose Only to Make a Comeback

EghtesadOnline: Market indicators in both Tehran Stocks Exchange and over-the-counter market Iran Fara Bourse made a complete U-turn at the start of trading week on Saturday.
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Publish Date:29/February/2020 | 06:27

Tehran Stocks Extend Gains

EghtesadOnline: Tehran stocks were making dramatic gains Tuesday despite risks related to the outbreak of the coronovirous in Iran and the rising number of deaths from the illness.
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Publish Date:29/February/2020 | 06:14

All Spring Fairs Cancelled

EghtesadOnline: All spring fairs across the country have been cancelled due to the extraordinary situation caused by the spread of the new coronavirus, according to the head of Iran Guilds Chamber.
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Publish Date:29/February/2020 | 06:13

$5.4m Needed to Fight Desert Locusts

EghtesadOnline: The Plant Protection Organization has received 200 billion rials ($1.3 million) from the government to battle desert locusts that have swarmed southern Iran , while at least $5.45 million more are needed to fight the pest, the spokesman of the organization affiliated with Agriculture Ministry said.
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Publish Date:29/February/2020 | 06:12

No Penalty for Changing, Canceling Travel Tickets

EghtesadOnline: Airlines and rail companies have been ordered by the Ministry of Roads and Urban Development to waive the fees for changing or canceling tickets in light of the ongoing coronavirus spread.
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Publish Date:29/February/2020 | 06:10

One-Way Flights to Bring Back Iran ians

EghtesadOnline: Iran ian airlines are operating flights to bring back Iran ians stranded in neighboring countries, following the outbreak of the new coronavirus.
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Publish Date:29/February/2020 | 06:07

Reception Halls Prohibited From Penalizing Cancellations

EghtesadOnline: Reception halls are not allowed to charge penalties for cancellation or change of booking dates, following the outbreak of coronavirus, says Khosro Ebrahimi-Nia, the head of Function Halls Owners’ Union.
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Publish Date:29/February/2020 | 06:03

SCI Evaluates Latest Food Inflation Rates

EghtesadOnline: The Statistical Center of Iran has released a new report, reviewing the price changes in food products during the month ending Feb. 19.
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Publish Date:29/February/2020 | 06:02

Iran ’s Trade Landscape in Next Fiscal Year

EghtesadOnline: Iran ’s foreign trade is struggling to cope with political and economic challenges, as well as the deteriorating economic situation caused by US sanctions, special commercial circumstances and mounting operating costs, to drive down overall spending.
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Publish Date:29/February/2020 | 05:58

Iran Ranks First Among Exporters to Afghanistan

EghtesadOnline: Iran has exported $1.24 billion worth of commodities to Afghanistan since the beginning of the current Iran ian year (March 21, 2019) to top the list of world exporters to the neighboring country.
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Publish Date:29/February/2020 | 05:56

Officials: Essential Goods Stocks Adequate, No Cause for Concern

EghtesadOnline: Despite reassurances by the Ministry of Industries, Mining and Trade that Iran ian ports have ample stocks of food and essential goods, people are racing to buy in large quantities supplies from sanitizers to meat and ginger, amid growing coronavirus fears.
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Publish Date:29/February/2020 | 05:45

15 Guilds Obliged to Use POS System as of March 20

EghtesadOnline: Fifteen guilds, including 50 occupations, have been required to use Point of Sale machines and issue receipts for the services and goods offered, as of the beginning of the next Iran ian year (March 20, 2020), an official with the Iran ian National Tax Administration announced.
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Publish Date:19/February/2020 | 11:14

$5.6m Worth of Contraband Destroyed in 10 Months

EghtesadOnline: A total of 13,000 tons of contraband worth 800 billion rials ($5.63 million) were destroyed in the 10 months to Jan. 20, according to the deputy head of the Organization for Collection and Sale of State-owned Properties of Iran .
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Publish Date:19/February/2020 | 11:10