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Iran Planning New Ways to Repatriate Export Earnings

EghtesadOnline: The Central Bank of Iran will introduce new measures to help channel export earnings into the economy, the CBI governor Abdolnaser Hemmati said on Saturday in a meeting with provincial governors.
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Publish Date: 11/November/2018 | 10:13

Iran Pursuing Options to SWIFT

EghtesadOnline: Governor of the central bank says if Iran is disconnected from the Belgium-based financial messaging service SWIFT (the Society for Worldwide Interbank Financial Telecommunications), alternative systems will be used to preserve ties with its trading partners.
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Publish Date: 10/November/2018 | 09:22

Iran Banks to Use National Crytptocurrency

EghtesadOnline: Developed by the Informatics Services Corporation at the behest of the Central Bank of Iran, the banking system is planning to make use of a national cryptocurrency.
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Publish Date: 10/November/2018 | 09:14

New Rules and Slumber of Iranian Carmakers

EghtesadOnline: Hard-pressed auto manufacturing industry already under mounting pressure for its poor quality and high prices should prepare for a new challenge in the coming weeks. The state is due to raise the bar and announce a new set of automotive standards. Form what is known, most vehicles made by the two major car companies Iran Khodro and SAIPA will not be able to comply with the new norm.
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Publish Date: 06/November/2018 | 10:50

Iran: Does Hiring Foreign Football Coaches Make Economic Sense?

EghtesadOnline: Branko Ivankovic, the 40th manager of Iran’s Persepolis Football Club, and Carlos Queiroz, Iran’s national football team's head coach of seven years, have created more money for the teams they lead than the value of their contracts, a report by 90TV.ir said.
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Publish Date: 06/November/2018 | 10:38

Iran Virtual Currency Accounts Not Blocked

EghtesadOnline: According to the chairman of Iran Blockchain Community, some virtual currency exchanges have imposed restrictions on Iranian users following Iran’s exit from the list of eligible countries to trade in cryptocurrencies, but no assets belonging to Iranians have been blocked.
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Publish Date: 06/November/2018 | 10:35

Iran Industries Ministry Reports Upsurge in Industrial Investments (Mar-Aug 2018)

EghtesadOnline: A total of 793.26 trillion rials ($5.41 billion) worth of investments were made in industrial units for which establishment permits were issued during the first five months of the current Iranian year (March 21-Aug. 22), while 304.13 trillion rials ($2.07 billion) were invested in projects for which operating licenses were issued during the period.
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Publish Date: 06/November/2018 | 10:31

Iran's Guardian Council Sends CFT Bill Back to Majlis

EghtesadOnline: The Guardian Council – a watchdog that ensures laws are in line with the Constitution and Sharia–has sent back an anti-terror finance bill known as CFT to the Majlis for reconsideration.
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Publish Date: 05/November/2018 | 10:40

Noteworthy Improvement in Iran Internet Access

EghtesadOnline: Average mobile Internet speed in Iran has increased by 47% since the beginning of the year, Internet testing and analysis company Ookla reported.
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Publish Date: 05/November/2018 | 10:36

Startups Help Hassle-Free Parking in Tehran

EghtesadOnline: Two Tehran-based startups have created Internet-based platforms to help drivers with the onerous task of finding an empty parking space in the bustling capital and its packed streets and alleys.
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Publish Date: 05/November/2018 | 10:29

US Decision to Keep Iran in Swift Seen as a Compromise

EghtesadOnline: Sanctions on Iran’s banks, oil exports, ships and ports, lifted in 2015 as part of a nuclear weapons agreement that Trump abandoned in May, will be reimposed on Monday. But it is not clear whether those banks would be allowed to participate in the Society for Worldwide Interbank Financial Telecommunication, or Swift. That is the system that allows the world’s banks to communicate with one another, making global transactions possible.
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Publish Date: 05/November/2018 | 10:09

Iran ICT Minister Participates in ITU Conference in Dubai

EghtesadOnline: ICT decision makers from around the globe met in Dubai this week for the International Telecommunication Union's 20th Plenipotentiary Conference (PP-18) to set the ITU’s direction for 2020-2023.
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Publish Date: 03/November/2018 | 06:44

Iran Employed Communications Balloons Successfully During Arbaeen

EghtesadOnline: During Arbaeen, which marks the 40th day of martyrdom of Imam Hussein (PBUH), in addition to providing Iranian pilgrims visiting Iraq with enhanced telephony and Internet services through communication balloons, local authorities also tested other applications of the balloons that can be deployed during times of natural disaster.
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Publish Date: 03/November/2018 | 06:31

US Backing Down From Cutting Iran’s SWIFT Access

EghtesadOnline: Senior US State Department officials working on the Iran issue are said to have convinced Secretary of State Mike Pompeo to permit Iran to remain connected to the international banking system as part of the Trump administrations' concessions to Iran.
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Publish Date: 03/November/2018 | 06:27

IMF: Iran Should Safeguard Stability in Face of US Sanctions

EghtesadOnline: The International Monetary Fund said on Thursday that Iran should implement policies to safeguard its macroeconomic stability after the reimposition of US sanctions that will cut Iranian economic growth by reducing oil exports.
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Publish Date: 03/November/2018 | 06:21