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MoU on Metallic Recovery From Residue

EghtesadOnline: A memorandum of understanding to establish a 1 million tons/year iron ore concentrate recovery from residues was signed on Tuesday by Golgohar Mining and Industrial Company, Gohar Ravesh Sirjan Company and Ronak Engineering Company.
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Publish Date:15/January/2020 | 11:16

Cigarette Smuggling Down 43%

EghtesadOnline: The Ministry of Industries, Mining and Trade estimates that 8.16 billion cigarettes were smuggled into Iran during the eight months ending Nov. 21, indicating a 43% decline compared with last year’s similar period.
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Publish Date:15/January/2020 | 11:15

Downturn in Iran 's Industrial Investments

EghtesadOnline: More than 1.87 quadrillion rials ($14.3 billion) worth of investments have been made in the industrial units with establishment permits, while 245.91 trillion rials ($1.87 billion) were invested in projects with operating licenses in the first eight months of the current Iran ian year (March 21-Nov. 21).
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Publish Date:15/January/2020 | 11:14

SEO Planning to Internationalize Stock Market

EghtesadOnline: Officials with Iran ’s capital market are looking at the possibility of bringing more foreign investors, the advisor on international affairs at the Securities and Exchange Organization said.
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Publish Date:15/January/2020 | 11:06

Iran 's Steel Production Capacity Expansion on Right Track

EghtesadOnline: The Iran ian Mines and Mining Industries Development and Renovation Organization's latest report on expansion of under-construction steel production units shows a total of 19.1 million tons will be added to Iran ’s annual steel production capacity when these units become operational in the Iran ian year 1402 (March 2023-24).
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Publish Date:14/January/2020 | 24:05

74% Rise in West Azarbaijan Export

EghtesadOnline: Iran ’s West Azarbaijan Province has exported $1.42 billion worth of commodities since the beginning of the current Iran ian year (March 21, 2019) to register a 74% rise compared with last year’s corresponding period.
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Publish Date:14/January/2020 | 24:03

$1.5m Allocated to Fight Desert Locusts

EghtesadOnline: Authorities have allocated 200 billion rials ($1.52 million) to fight desert locust sweeping across southern parts of the country.
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Publish Date:14/January/2020 | 24:02

Q3 Underemployment at 10.6%

EghtesadOnline: Underemployment, the condition in which people in a labor force are employed for less than 44 hours of service per week, stood at 10.6% in the third quarter of the current Iran ian year (Sept. 23-Dec. 21, 2019), down 1.1% year-on-year and was higher for men and those living in rural areas.
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Publish Date:14/January/2020 | 24:01

Healthcare Sector Denied Earnings From Cigarette Tax

EghtesadOnline: In the Iran ian years ending March 2018 and March 2019, the Health Ministry did not receive a penny of its 50% share in cigarette tax revenues, the head of the National Tobacco Control Secretariat of the ministry said.
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Publish Date:14/January/2020 | 11:57

Record in Wagon Pars Rolling Stock Production

EghtesadOnline: Iran ian rolling stock manufacturer Wagon Pars Company has built a total of 411 cargo and passenger wagons since the beginning of the current Iran ian year on March 21, 2019, according to the company’s CEO.
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Publish Date:14/January/2020 | 11:53

Tehran Stocks Keep Climbing

EghtesadOnline: The main gauge of Tehran Stock Exchange hit a record high of 392,000 points on Monday after gaining more than 16,000 points, or 4.3%, for the day.
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Publish Date:14/January/2020 | 11:52

Fresh Impetus for Siraf Refining Park

EghtesadOnline: To speed up the development of Siraf Refining Park, a major downstream project in the city of Siraf in southern Bushehr Province, an agreement was signed between Siraf Refining Park Firm in Asalouyeh, Bushehr Province (as employer) and Machine Sazi Arak Company, in Markazi Province (as contractor) in Tehran on Sunday, head of the National Petrochemical Company said.
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Publish Date:13/January/2020 | 24:49

Industries in Iran Eye Capital Market for Funds

EghtesadOnline: The Ministry of Industries, Mining, and Trade is planning a bigger role for the stock market in funding the industrial sector, the Minister said.
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Publish Date:13/January/2020 | 24:34

Exports to Iraq Through Sumar Border Terminal Resume

EghtesadOnline: Exports of commodities to Iraq through the Sumar Border Terminal in Qasr-e Shirin County of Kermanshah Province restarted from Saturday, after a five-month pause due to border shutdown by the Iraqi authorities.
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Publish Date:13/January/2020 | 24:22

MSC Excels Domestic Rivals

EghtesadOnline: With an output of 13.26 million tons, Mobarakeh Steel Company held the largest share of steel production in Iran during the first nine months of the current fiscal year (March 21-Dec. 21, 2019).
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Publish Date:12/January/2020 | 11:37

22% Growth in Polyester Yarn Output

EghtesadOnline: Iran produced 197,500 tons of polyester yarn during the first eight months of the current Iran ian year (March 21-Nov. 21) to register an increase of around 22% compared with the output in last year’s corresponding period.
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Publish Date:12/January/2020 | 11:28

Traffic Police Cracking Down on Dilapidated Cars in Karaj, Isfahan

EghtesadOnline: To put a cap on the increasing air pollution in Iran ian megacities, Karaj and Isfahan, urban managers have once again employed restrictive traffic rules, the efficiency of which has been repeatedly questioned.
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Publish Date:12/January/2020 | 11:26

Work on Track to Scrap Dilapidated Motorcycles

EghtesadOnline: To curb the growing annoyance of dilapidated motorcycles in the capital city of Tehran, several state institutions have signed a multilateral agreement to resume the scrappage of old two-wheelers.
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Publish Date:11/January/2020 | 13:39

Iran Steel Production Chain Exports Rise 23% to 7.7 Million Tons

EghtesadOnline: Iran 's steel production chain exports hit 7.8 million tons during the first eight months of the current fiscal year (March 21-Nov. 21, 2019) to register a 23.5% rise compared with last year’s corresponding period, latest figures released by the Iran ian Mines and Mining Industries Development and Renovation Organization show.
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Publish Date:11/January/2020 | 13:37