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Iran Auto Industry Output Falling

EghtesadOnline: Domestic auto production has plunged markedly with companies producing 721,363 cars and commercial vehicles during the eight months to November -- a 24.9% year-on-year decline.
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Publish Date: 23/December/2018 | 15:32

Oil Trade on Iran Energy Exchange in Rials

EghtesadOnline: The Supreme Council of Economic Coordination – a special body comprising heads of the three branches of government – has agreed to the total settlement in rials of payments for crude oil sales on the Iran Energy Exchange.
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Publish Date: 23/December/2018 | 15:30

Iran: Retail Investors Lured by Stock Market Gain

EghtesadOnline: With stocks delivering good winter runs after heavy losses in late autumn, retail investors are being lured back into the market days after Tehran's main bourse was about to sound the alarm.
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Publish Date: 25/December/2018 | 10:53

Fitch: Bank Reform Bills Carry Clout

EghtesadOnline: Fitch Ratings, the international ratings agency, has said in a report that Iran's banking supervisory authority will benefit from two bills sent by President Hassan Rouhani to parliament to push banking reforms.
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Publish Date: 01/January/2019 | 13:04

Iran's Central Bank Assets Rise 27.8%

EghtesadOnline: Total assets of the Central Bank of Iran reached 7.1 quadrillion rials ($ 70.1 billion) in the first seven months of current fiscal year, registering 27.8% growth year-on- year and 16.1% growth compared to the end of the previous fiscal in March 2018.
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Publish Date: 22/December/2018 | 15:36

Major Iranian Copper Mines Register Growth in Output

EghtesadOnline: Major Iranian copper producers extracted about 120 million tons of copper ores during the first eight months of the current fiscal year (March 21-Nov. 21), which indicates a 7% growth compared with last year's corresponding period.
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Publish Date: 22/December/2018 | 15:35

NDFI Lending Exceeds $8b

EghtesadOnline: According to the National Development Fund of Iran data, the sovereign wealth fund gave 27 trillion rials ($267 million) to agent banks for loans in the first quarter of current fiscal to June.
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Publish Date: 22/December/2018 | 15:32

Iranian Startup Facilitates Building Construction

EghtesadOnline: A new startup has been launched in Tehran that makes building construction a tad easier by connecting landowners, project managers, engineers, and contractors through a user-friendly online platform.
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Publish Date: 22/December/2018 | 15:30

Breakthrough Expected in Iran-Turkey Banking Ties

EghtesadOnline: The governor of the Central Bank of Iran says important developments in banking and trade will take place following talks between the presidents of Iran and Turkey.
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Publish Date: 22/December/2018 | 15:22

Top Five Popular PC Games in Iran

EghtesadOnline: The five most popular games played on personal computers in Iran are GTA, PES, Counter-Strike, Call of Duty, and FIFA, results of a nationwide survey say.
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Publish Date: 19/December/2018 | 10:07

Leader Calls for Undertaking Structural Reforms in Budget

EghtesadOnline: The government-proposed budget bill for the next fiscal year (March 2019-20) has been sent back to the Plan and Budget Organization to undergo structural reforms on the orders of Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei.
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Publish Date: 19/December/2018 | 09:58

EU Urged to Press US on Airbus Deliveries

EghtesadOnline: Iran has called on the European Union to press US authorities to allow the delivery of Airbus passenger aircraft purchased by Tehran.
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Publish Date: 19/December/2018 | 09:27

Iran: Gold Coin at 6-Month Low

EghtesadOnline: As stability in the foreign exchange market takes hold, gold prices are also following suit. The benchmark gold coin market dropped again on Tuesday and fetched around 33 million rial ($335), down from 34 million rials a day earlier.
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Publish Date: 19/December/2018 | 09:24

Iran Announces Oil, Gas Discoveries

EghtesadOnline: Head of exploration department of the National Iranian Oil Company said Monday cooperation with international companies on studying new oil and gas fields is underway and 13 fields were discovered over the past two years.
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Publish Date: 19/December/2018 | 09:21

Rouhani Due in Turkey

EghtesadOnline: President Hassan Rouhani is heading for a two-day visit to Ankara on Wednesday at the head of a high-ranking political and economic delegation to take part in the fifth meeting of Iran-Turkey High Council of Strategic Cooperation.
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Publish Date: 19/December/2018 | 09:18

Iran ICT Minister: No to Unilateralism in Cyberspace

EghtesadOnline: Rejecting unilateralism in regulating the Internet and in face of the growing dominance of ICANN over cyberspace, Iran’s ICT minister called on ITU member states to take a more dynamic role in managing cyberspace.
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Publish Date: 19/December/2018 | 09:15

Iran-EU Trade Rises 6% to €16.5 Billion in Jan-Oct 2018

EghtesadOnline: Trade between Iran and the 28 member states of the European Union during January-October amounted to €16.58 billion, which shows a 6.66% rise compared with the similar period of last year.
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Publish Date: 18/December/2018 | 10:17

Iran Budget Deficit Widens 74% YOY

EghtesadOnline: Iran’s budget deficit came in bigger than expected in the first seven months of the current fiscal year (March 21-Oct. 22) to reach 391.4 trillion rials ($3.83 billion), the latest data released by the Central Bank of Iran show.
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Publish Date: 18/December/2018 | 10:12