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Central Bank of Iran Focus on Stability of Forex Rates

EghtesadOnline: Governor of the Central Bank of Iran says besides the importance for the national currency to regain more of its value, the CBI remains focused also on the stability of the rial.
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Publish Date: 12/February/2019 | 13:25

Iran Reports Higher Gasoline Production

EghtesadOnline: Gasoline inventories show a three-fold increase compared to last year, director of supply and distribution at the National Iranian Oil Products Distribution Company said Sunday.
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Publish Date: 12/February/2019 | 13:20

Zarif Offers Backing for New Lebanon Government

EghtesadOnline: Foreign Minister Mohammed Javad Zarif, who was in Beirut on Sunday and Monday, extended Iran's support for the newly-formed Lebanese government in talks with the country’s top officials.
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Publish Date: 12/February/2019 | 13:19

Iran Will Build Up Defense Despite US Objections

EghtesadOnline: President Hassan Rouhani said on Monday Iran will press on with its defense program with full force in defiance of hostile states that want to rein in its military power, vowing that the country will overcome all challenges through national unity.
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Publish Date: 12/February/2019 | 13:13

New Terms to Motivate Oil Traders in Iran Energy Exchange

EghtesadOnline: After the last two offers of crude oil on the Iran Energy Exchange (IRENEX) ending in vain, officials with the National Iranian Oil Company and capital market say they are determined to continue with the offers by sweetening the trading terms.
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Publish Date: 12/February/2019 | 13:11

Iran's Liquidity Climbs to $150 Billion

EghtesadOnline: A monthly report by the Central Bank of Iran released on Sunday, showed liquidity reached 17,645 trillion rials ($150.8 billion) in the Iranian month of Azar (Nov.22-Dec. 21), up 22.1% compared to the same month last year.
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Publish Date: 12/February/2019 | 13:08

Majlis Speaker in Japan

EghtesadOnline: Majlis Speaker Ali Larijani left Tehran for Tokyo on Monday at the head of a delegation to hold talks with senior Japanese officials on bilateral issues, including ways of upgrading parliamentary ties.
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Publish Date: 12/February/2019 | 13:04

Smart Parking Meters for Tehran

EghtesadOnline: Smart parking meters are being installed in Tehran’s District 2. Using the smart parking meters and a smartphone app backed by Tehran Municipality, motorists can pay and reserve road-side parking spots.
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Publish Date: 10/February/2019 | 11:33

Iran, Russia to Discuss Trade, Economic Cooperation in Sochi

EghtesadOnline: Iranian President Hassan Rouhani and his Russian counterpart Vladimir Putin will hold a meeting on the sidelines of the Astana trio’s summit on Syria to discuss trade and economic cooperation, Russian Ambassador to Iran Levan Dzhagaryan said in an interview with TASS.
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Publish Date: 10/February/2019 | 11:31

Iran Tea Imports Reach $195 Million in Nine Months

EghtesadOnline: Over 42,300 tons of tea worth around $195 million were imported into Iran during the first nine months of the current Iranian year (March 21-Dec. 21, 2018), latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 10/February/2019 | 11:29

Iran's Envoy to UK: INSTEX Focused on Medicines, Agrifood in Initial Phase

EghtesadOnline: Three European signatories to the Iran nuclear deal—formally known as the Joint Comprehensive Plan of Action—namely Germany, France and Britain, have proposed to limit the scope of INSTEX, the long-awaited mechanism for facilitating trade with Iran, to pharmaceutical, medical devices and agrifood in its initial phase, Iran’s Ambassador in London Hamid Baeidinejad said on Twitter.
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Publish Date: 10/February/2019 | 11:27

Iran Gov't Extends $333m Loan for 2 Major Carmakers

EghtesadOnline: The government will lend money to two local auto companies, Iran Khodro and SAIPA, to the tune of 40 trillion rials ($333 million). The bailout is for paying part of the carmakers’ mounting debt to local parts makers.
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Publish Date: 10/February/2019 | 11:24

13% of Iran's Population Active in Capital Market: Official

EghtesadOnline: Head of the Security and Exchange Organization, the sole regulator of the capital market, said 13% of the Iranian population (10.5 million trading codes) is active in the capital market.
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Publish Date: 10/February/2019 | 11:21

Tehran Stock Exchange Tops Global Markets in Trading Value Growth

EghtesadOnline: Data released by the World Federation of Exchanges place Tehran Stock Exchange at the top of the best-performing stock markets in terms of trading value among WFE members. The data covers performance of global stock markets in 2018.
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Publish Date: 10/February/2019 | 11:19

Iran's Azar Oilfield Output to Double, NIDC Says

EghtesadOnline: To speed up production from oil fields shared with Iraq, drilling operations on seven wells in Azar Oilfield in Anaran block in Mehran, lIam Province, are expected to end by March, operation manager of the National Iranian Drilling Company said.
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Publish Date: 10/February/2019 | 11:09

Rouhani Meets Foreign Envoys on Revolution Anniversary

EghtesadOnline: President Hassan Rouhani met with foreign ambassadors and representatives of international organizations in Tehran on Wednesday, ahead of the 40th anniversary of the 1979 Islamic Revolution.
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Publish Date: 10/February/2019 | 11:03

Tehran Rejects EU Charges

EghtesadOnline: The Foreign Ministry on Tuesday welcomed the positive steps taken by the European Union toward constructive engagement with Iran but dismissed criticism of its missile activities, regional policies and human rights record.
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Publish Date: 06/February/2019 | 14:15

Iran Oil Minister Briefs the Press on Key Oil Issues

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh on Tuesday made a rather positive review of the government's projected oil revenues in the proposed budget for the next fiscal that begins in March.
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Publish Date: 06/February/2019 | 14:13