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Iran Liquidity Up 20.7% (October 2018)

EghtesadOnline: Central bank data show that total liquidity was 16.93 quadrillion rials ($166.06 billion) on October 22 -- 20.7% higher compared to the same month last year.
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Publish Date: 18/December/2018 | 10:09

Iran Auto Market: Car Prices Double!

EghtesadOnline: Iran Consumer and Producer Protection Organization (CPPO) and local automotive companies have reached an agreement to jack up factory prices between 50-130%.
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Publish Date: 18/December/2018 | 10:01

Central Bank Eases Currency Rules for Foreign Trade

EghtesadOnline: The Central Bank of Iran is ready to buy at negotiated rates the foreign currency of exporters whose earnings are blocked in other countries due to the US sanctions, says the CBI deputy chief for foreign exchange affairs.
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Publish Date: 16/December/2018 | 13:07

Tehran Stocks Fall for Third Day in a Row

EghtesadOnline: Tehran stocks retreated for the third consecutive day on Monday as base metal and steel shares came under further pressure and the rial strengthened.
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Publish Date: 18/December/2018 | 10:26

TSE Extends Losses

EghtesadOnline: Stocks lost further ground in thin trading on the Tehran Stock Exchange Saturday with active buying held in check amid a dearth of fresh positive news, both domestic and international.
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Publish Date: 16/December/2018 | 13:03

Zarif: No Policy Shift Under US Pressure

EghtesadOnline: Iran’s top diplomat emphasized that the United States’ “maximum pressure” campaign against Tehran will not prompt the country to change its policies.
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Publish Date: 16/December/2018 | 13:00

Turkish President: Ties With Iran "Strategically Important”

EghtesadOnline: Turkish President Recep Tayyip Erdogan said on Friday that relations with Iran are strategically important and called for supportive measures by both sides to facilitate trade and investment.
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Publish Date: 16/December/2018 | 24:54

Iran: Gold Coin Slumps to 4-Month Low

EghtesadOnline: Following the slump in currency rates, the gold coin has also dropped in value in recent weeks to reach the lowest point in the past four months.
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Publish Date: 15/December/2018 | 11:05

Iranian Government Finalizing User Data Protection Bill

EghtesadOnline: Drawing on EU’s General Data Protection Regulation (GDPR), Iran’s ICT Ministry has prepared a bill it calls ‘User Data Protection’ that will soon be sent to the Majlis for ratification and become law.
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Publish Date: 15/December/2018 | 11:03

Iran's Iron Ore Concentrate, Pellet, DRI Output See Solid Growths

EghtesadOnline: Iran produced 29.64 million tons of iron ore concentrate in the first eight months of the current fiscal year (March 21-Nov. 21), to register a 19% growth compared with last year's corresponding period.
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Publish Date: 15/December/2018 | 10:49

Iranian Rial Near 3-Month High Against USD

EghtesadOnline: The rial strengthened sharply on Tuesday, climbing to a near three-month high against the US dollar. With the exchange rate breaking below the psychological level of 110,000, the US dollar was traded in the open market for about 107,000 rials.
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Publish Date: 12/December/2018 | 10:29

EU-Iran Trade Vehicle Could Be Ready by Yearend

EghtesadOnline: The European Union’s foreign policy chief said on Monday a system to facilitate non-dollar trade with Iran and circumvent US sanctions could be in place by the yearend.
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Publish Date: 12/December/2018 | 10:27

Iran's Non-Oil Trade With Neighbors Exceeds $24b in 8 Months

EghtesadOnline: Iran traded 43.15 million tons of non-oil commodities worth $24.41 billion with its 15 neighboring countries; namely the United Arab Emirates, Iraq, Turkey, Afghanistan, Pakistan, Russia, Oman, Azerbaijan, Turkmenistan, Kuwait, Qatar, Kazakhstan, Armenia, Bahrain, and Saudi Arabia during the first eight months of the current fiscal (March 21-November 21) to register a 6.55% and 11.58% rise in tonnage and value respectively compared to last year’s corresponding period.
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Publish Date: 12/December/2018 | 10:20

MCI to Equip Major Iranian Railroad With 4G Coverage

EghtesadOnline: The key railroad connecting Mashhad to Tehran and Qom is to be equipped with 4G coverage, as per an agreement signed between mobile operator Mobile Telecommunication Company of Iran (MCI) and the Islamic Republic of Iran Railways (IRIR).
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Publish Date: 12/December/2018 | 10:18

Iran's Fight Against Annoying Mobile Ads Continues

EghtesadOnline: The Communications Regulatory Authority said on Tuesday that it has blocked 30,000 ad sender numbers since November 2017 in a move to curb unwanted and annoying text messages.
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Publish Date: 12/December/2018 | 10:09

China's Bank of Kunlun Resumes Iran Business

EghtesadOnline: The main Iran-China banking channel is functioning after China's Bank of Kunlun resumed services for Iranians on Monday, deputy president of Iran-China Chamber of Commerce and Industries said.
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Publish Date: 11/December/2018 | 11:25

Mayor, ICT Minister Agree to Promote Smart Tehran

EghtesadOnline: At the opening ceremony of the 2nd round of Smart Tehran Congress on Monday, the mayor and ICT minister signed an agreement to join forces and support plans for transforming Tehran into a smart city.
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Publish Date: 11/December/2018 | 11:23

Iran Mineral Trade Surplus Rises to $4.5b in 8 Months

EghtesadOnline: Iran's trade surplus of mineral products increased to $4.58 billion at the end of the eighth month of the current fiscal year on Nov. 21, latest official data show.
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Publish Date: 11/December/2018 | 11:20

Iran's Securities and Exchange Launching Equity Futures

EghtesadOnline: The chief of Securities and Exchange Organization – the sole regulator of the capital market – said the market for trading future contracts will be launched before the new year sets in.
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Publish Date: 11/December/2018 | 11:18

Subsidies to Import Essential Goods Fail to Curb Price Hikes

EghtesadOnline: The rise in the retail prices of goods that used the government’s subsidized foreign currency at a rate of 42,000 rials per US dollar (about three times cheaper than the market rate) was no less than in other consumer goods.
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Publish Date: 11/December/2018 | 11:12