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Next Tax Structure Eyes Car Owners: Iran Budget 2019-20

EghtesadOnline: In the coming fiscal that begins in March, the government expects to generate 99 trillion rials ($926 million) from taxes and duties on car production and imports along with auto-related services plus traffic and driving tickets.
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Publish Date: 01/January/2019 | 13:12

Energy Subsidies Must Go, But How

EghtesadOnline: Fossil fuel subsidies paid by the Iranian government are 21 times more than its direct subsidy payments, Parliament Speaker Ali Larijani said last week.
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Publish Date: 01/January/2019 | 24:55

Stock Rally Picks Up Pace in Tehran

EghtesadOnline: A rally in Iranian stocks picked up pace on Tuesday, following the lead of commodity shares as nine-monthly reports of refinery, petrochemical and metals companies was interpreted by investors as a sign of bolstering corporate activity.
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Publish Date: 09/January/2019 | 24:38

Tehran Stocks Close Higher

EghtesadOnline: Tehran Stock Exchange main index TEDPIX gained 95.52 points or 0.06% on Monday to end trading at 161,405.3.
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Publish Date: 01/January/2019 | 13:01

Any Civil Aviation Ban Would Violate Nuclear Deal

EghtesadOnline: Any restrictions by European countries on Iran’s civil aviation would be in violation of the 2015 nuclear deal signed between Tehran and major powers, a senior lawmaker said.
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Publish Date: 31/December/2018 | 15:34

Russia: No Grounds for New Anti-Iran UNSC Resolution

EghtesadOnline: The United States may attempt to impose additional restrictions on Iran through the United Nations Security Council, but there are no grounds for it, says Russia’s ambassador to the world body, Vassily Nebenzia.
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Publish Date: 31/December/2018 | 15:31

Rouhani Calls for Action to Consume Less Water

EghtesdaOnline: Water and electricity are indispensible parts of security in today's world and explains why pragmatic approaches to minimize waste must be given top priority.
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Publish Date: 31/December/2018 | 15:29

Expediency Council Chief Appointed

EghtesadOnline: In a decree on Sunday, Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei appointed Judiciary Chief Ayatollah Sadeq Amoli Larijani as chairman of Expediency Council and a member of Guardians Council.
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Publish Date: 31/December/2018 | 15:26

Tehran Stocks Start Week Strongly

EghtesadOnline: Refinery and chemical shares led a broad market rally Saturday, lifting TEDPIX and IFX to their second consecutive day of gains. Stocks began the day in positive territory and steadily climbed higher as investor sentiment was boosted after gains in global oil prices over the weekend.
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Publish Date: 30/December/2018 | 11:19

Iran: Industrial Investment Growing

EghtesadOnline: More than 1.46 trillion rials ($13.12 billion) worth of investments are estimated to have been made in the industrial units, for which establishment permits were issued in the first seven months of the current Iranian year (March 21-Oct. 22), the latest report released by the Ministry of Industries, Mining and Trade shows.
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Publish Date: 30/December/2018 | 11:15

Iran Parliament's Think Tank Forecasts Lower Crude Prices

EghtesadOnline: Forecasting the future of the oil market is crucial, especially for countries where oil export is the lifeblood of the economy and budgets are constructed, deconstructed and reconstructed depending on crude price and production.
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Publish Date: 30/December/2018 | 11:11

Car Prices Almost Double: SAIPA Joins Price Race

EghtesadOnline: After carmaker Iran Khodro jacked up prices twice over the past few weeks, its archrival SAIPA apparently did not waste precious time! The second biggest carmaker raised the price of three models from 24 to 80% over the weekend.
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Publish Date: 30/December/2018 | 11:09

China-Iran Ties Poised to Prosper

EghtesadOnline: Iran is keen to forge closer ties with China as a rising economic power, Foreign Minister Mohammed Javad Zarif said, while urging the East Asian country to resist US bullying and unilateralism.
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Publish Date: 30/December/2018 | 11:03

Tehran Currency Market Becomes More Stable

EghtesadOnline: After unexpected gains in currency rates over the past week, the market returned to stability on Thursday. On the last trading day of the Iranian week, the US dollar dropped below the psychological resistance level of 110,000 rials after having approached 120,000 rials a day earlier.
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Publish Date: 29/December/2018 | 10:44

Iran ICT Ministry Glum About Proposed 2019-20 Budget

EghtesadOnline: The ICT Ministry and affiliated companies will get 37.6 trillion rials ($342 million) next year according to the 2019-20 budget bill submitted to the Majlis on Tuesday by President Hassan Rouhani.
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Publish Date: 29/December/2018 | 10:42

Iran H1 GDP Growth at 0.4% (Mar-Sep 2018)

EghtesadOnline: Iran's gross domestic product hit 3,738 trillion rials ($33.38 billion at the exchange rate of 112,000 rials per dollar) during the first half of the current fiscal year (March 21-Sept. 22) to register a 0.4% growth compared with last year's corresponding period, the Statistical Center of Iran's latest report shows.
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Publish Date: 29/December/2018 | 10:28

Iran's First Tourism Startup Accelerator Launched

EghtesadOnline: A tourism startup accelerator was launched on Tuesday by Iran’s Research Institute of Cultural Heritage and Tourism (RICHT) in cooperation with Allameh Tabataba'i University to support companies active in the gradually growing sector.
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Publish Date: 29/December/2018 | 10:26

Tehran Housing Recession Deepens as Prices Rise

EghtesadOnline: Home prices in Tehran increased and property deals declined in the ninth month of the current Iranian year, Azar (ended Dec. 21), the Central Bank of Iran said.
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Publish Date: 29/December/2018 | 10:22