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ETFs to Help Gov’t Sell Shares

EghtesadOnline: In the budget bill for the next fiscal year (March 2020-21) the government can divest its stake in state-run companies via exchange-traded funds.
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Publish Date:11/December/2019 | 10:03

Gov’t Generates $300m in Bond Sales

EghtesadOnline: The government sold Manfa’at Sukuk bonds worth 40 trillion rials ($300 million) on Sunday to meet its budgeting needs for the fiscal year that ends in March.
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Publish Date:10/December/2019 | 24:37

Araqchi, Georgian Counterpart Discuss Ties

EghtesadOnline: Georgia's Deputy Foreign Minister Alexander Khvtisiashvili, who was in Tehran for the third round of political consultations between the two countries, met with his Iran ian counterpart, Abbas Araqchi, on Sunday.
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Publish Date:10/December/2019 | 24:36

ICCIMA to Host Meeting With China's New Envoy

EghtesadOnline: Iran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to hold a meeting on Tuesday to introduce China’s new ambassador to Iran Chang Hua to representatives of Iran ian private sector.
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Publish Date:10/December/2019 | 24:32

Rise in Iran ian Departure Tax Next Year

EghtesadOnline: The Iran ian government has set next year’s departure tax at 2.64 million rials ($20) for travelers who take their first overseas trip of the year, as per the budget bill of the next fiscal year (March 2020-21), 3.96 million rials ($30) for their second trip and 5.28 million rials ($40) for the third or more trips.
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Publish Date:10/December/2019 | 24:28

NIGC, Tavanir Obliged to Install Smart Gas, Electricity Meters

EghtesadOnline: The National Iran ian Gas Company and Iran Power Generation, Distribution and Transmission Company (Tavanir) have been instructed in the next fiscal budget (March 2020-21) bill to install smart meters for subscribers with heavy consumers topping the priority list.
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Publish Date:09/December/2019 | 11:18

Iran 30th Biggest Pastry, Chocolate Exporter in World

EghtesadOnline: Iran is the world's 30th biggest exporter of pastry and chocolates, as it shipped $800 million worth of these products in the last Iran ian year (March 2018-19).
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Publish Date:09/December/2019 | 11:08

Iran : $500 Million in Government's Grant to Retrofit Cabs, Vans

EghtesadOnline: The government’s Economic Council has approved a proposal by the Oil Ministry based on which the state-owned National Iran ian Oil Products Distribution Company has been tasked with helping convert 1.5 million gasoline-powered vans and taxis to compressed natural gas hybrids.
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Publish Date:09/December/2019 | 10:56

Iran : Gas Rationing and the Affirmative Side

EghtesadOnline: Despite the drawbacks and mounting grievances about the sudden gasoline rationing plan, the new policy would help the National Iran ian Oil Company not to import gasoline in the foreseeable future, a former head of the Iran ian Fuel Conservation Company said.
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Publish Date:08/December/2019 | 24:04

JCPOA Meeting Sees Serious, Tense Discussions

EghtesadOnline: The meeting of the 2015 nuclear deal's Joint Commission on Friday devolved into serious finger pointing, as the atmosphere tensed and signatories disputed claims of implementation of the agreement by all parties.
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Publish Date:08/December/2019 | 24:01

BMI Says It Is in Good Shape

EghtesadOnline: Bank Melli Iran , the biggest bank in the country said Saturday that it had succeeded in attracting the highest volume of cash both in long-term deposits and Qarz-ul-Hasana (usury-free) saving accounts in the first seven months of the current fiscal that started in March.
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Publish Date:08/December/2019 | 24:00

Ground Broken on New Town in Southeast Province

EghtesadOnline: On his Thursday visit to the southeastern province of Sistan-Baluchestan, Roads and Urban Development Minister Mohammad Eslami launched the execution phase of the development project for the new town of Tis in Chabahar County.
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Publish Date:08/December/2019 | 11:59

Anti-Corruption Conference to Open on Monday

EghtesadOnline: Tehran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to host the Fifth Anti-Corruption Conference at Tehran’s IRIB International Conference Center on Monday.
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Publish Date:08/December/2019 | 11:58

75% of Pesticide Demand Supplied Domestically

EghtesadOnline: Seventy-five percent of Iran ’s pesticide demand are met domestically, while the rest is imported, the head of Iran Plant Protection Organization said.
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Publish Date:08/December/2019 | 11:57

Chabahar Airport Development Project Launched

EghtesadOnline: The execution phase of Chabahar Airport Development Project in the southeastern province of Sistan-Baluchestan started on Thursday, with Minister of Roads and Urban Development Mohammad Eslami and other government official in attendance.
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Publish Date:08/December/2019 | 11:51