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Upward Trajectory of Iran -Oman Flights

EghtesadOnline: Direct flights between Iran 's renowned tourist destination city of Isfahan and Oman's capital Muscat have been launched, Director General of Isfahan Province Airports Company Hassan Amjadi has announced.
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Publish Date:07/January/2020 | 13:18

Private Power Producers in Iran Want a New Deal to Remain in Business

EghtesadOnline: Due to the near permanent fluctuations in currency rates in the last two years, power purchase contracts with private electricity producers need revision, says a board member of Rudshur Power Plant in Markazi Province.
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Publish Date:07/January/2020 | 13:17

Asaluyeh Power Plant Steam Unit Ready by Spring

EghtesadOnline: Construction of the first steam unit of Asaluyeh Combined-Cycle Power Plant has made 90% progress and is planned to come online by March.
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Publish Date:07/January/2020 | 13:15

Local Firms Help in Completing 1,000km Oil Pipeline to Jask

EghtesadOnline: Manufacturing pumps to complete construction of the 1,000 km pipeline to transfer oil from Goureh Oil Terminal in Bushehr Province to the port of Jask in Hormozgan Province is under way in PUMPIRAN and PETCO companies (in Tabriz, East Azarbaijan), managing director of the Petroleum Engineering and Development Co., a subsidiary of the National Iran ian Oil Company, said.
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Publish Date:07/January/2020 | 13:11

Markazi Exports Reach $760m Since March

EghtesadOnline: More than 1.39 million tons of goods worth $760 million have been exported from Markazi Province since the beginning of the current fiscal year (March 21, 2019) to register a 24% and 2% growth in tonnage and value respectively compared with last year’s corresponding period.
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Publish Date:07/January/2020 | 13:01

Bushehr Exports Hit $6.3b in Three Quarters

EghtesadOnline: A total of 19.2 million tons of goods worth $6.3 billion were exported from the southwestern Bushehr Province during the first three quarters of the current Iran ian year (March 21-Dec. 21), around $455 million of which were gas condensates.
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Publish Date:07/January/2020 | 13:00

Shedding Crocodile Tears, US Blocks Medicine Sales to Iran

EghtesadOnline: The United States has specifically warned South Korean pharmaceutical companies manufacturing medicines for a group of rare diseases called mucopolysaccharidosis (MPS) against working with Iran , the head of Food and Drug Administration of Iran said.
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Publish Date:07/January/2020 | 24:56

New Gas Boosting Pressure Stations for IGAT

EghtesadOnline: Eighteen gas boosting pressure stations in Fars, Lorestan, Semnan, Kurdestan and Bushehr have become operational since March 2019 to expand the Iran Gas Trunkline (IGAT), managing director of Iran ian Gas Engineering and Development Company said.
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Publish Date:05/January/2020 | 24:19

Tehran Province H1 Exports Exceed $580m

EghtesadOnline: Tehran Province exported 546,000 tons of goods worth $587 million during the first half of the current Iran ian year (March 21-Sept. 22, 2019), the deputy head of Tehran Industries, Mining and Trade Organization for commercial affairs and trade promotion said.
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Publish Date:05/January/2020 | 24:03

Regular Ferry Services Between Iran ian, Emirati Ports

EghtesadOnline: Ferry boats are now operating regularly between Iran ’s Shahid Bahonar Port in Bandar Abbas and the UAE’s Sharjah as well as between Hormozgan’s Bandar Lengeh and Dubai, the head of Ports and Maritime Organization said.
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Publish Date:05/January/2020 | 24:02

BMI Lends $453m to Newlyweds

EghtesadOnline: Newlyweds have received more than 188,000 marriage loans worth 59.3 trillion rials ($453 million) from the state-owned Bank Melli Iran since the beginning of current fiscal year in March 2019.
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Publish Date:05/January/2020 | 06:28

Bushehr Shrimp Production Exceeds 21K Tons

EghtesadOnline: A total of 21,767 tons of shrimps have been produced in Bushehr Province’s aquatic farms since the beginning of the current Iran ian year (started March 21), which shows a 5.36% decrease compared with the similar period of last year.
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Publish Date:05/January/2020 | 06:27

Zarif Intensifies JCPOA Diplomacy Ahead of Possible NY Visit

EghtesadOnline: Foreign Minister Mohammad Javad Zarif was to head for Beijing on Monday, straight after meetings with top Russian diplomats in Moscow to discuss the 2015 Iran nuclear deal, regional affairs and bilateral ties.
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Publish Date:05/January/2020 | 06:26

Household Gas Consumption in Iran Jumps 40%

EghtesadOnline: Household gas consumption reached 530 million cubic meters a day over the first 10 days (Dec. 22 – Dec. 31, 2019), dispatching director of National Iran ian Gas Company said.
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Publish Date:05/January/2020 | 06:17

Commission Approves Income Tax Exemption Rates

EghtesadOnline: The Majlis Joint Commission has decided that government employees who earn less than 360 million rials ($2,769) per year will be exempted from paying income tax as of the next Iran ian year (starting March 20, 2020).
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Publish Date:05/January/2020 | 06:06

ESCO Steel Exports Rise 30%

EghtesadOnline: Esfahan Steel Company (ESCO) exported more than 877,000 tons of steel products during the first nine months of the current Iran ian year (March 21-Dec. 21) to register a 30% rise compared with last year’s corresponding period, says managing director of the company, Mansour Yazdizadeh.
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Publish Date:05/January/2020 | 06:02