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$760 Million in Loans to First-Time Homebuyers

EghtesadOnline: Bank Maskan, the agent bank of Iran 's housing sector, has paid a total of 89,000 billion rials ($760.68 million) in home loans under the Housing Savings Account scheme since its launch in June 2015.
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Publish Date:17/August/2019 | 10:22

Iran Biggest Importer of Black Chador

EghtesadOnline: Iran is the biggest importer of black chador (a full-body semicircular piece of fabric used by some Muslim women to cover the body while leaving the face uncovered) with around $100-120 million worth of purchases annually, according to a board member of Iran Textile Specialists Association.
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Publish Date:14/August/2019 | 24:08

Parliamentary E-Voting Awaits Guardians Council Authorization

EghtesadOnline: The Interior Ministry is seeking the approval of the Guardians Council to use electronic voting machines in parliamentary elections, said a lawmaker, who believes that using an electronic system could positively impact voting accuracy.
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Publish Date:11/August/2019 | 11:00

Cardboard Giving Way to Plastic in Packaging

EghtesadOnline: Twenty-five percent of the packaging industries have now shifted toward using plastics instead of cardboards due to the rise in paper price, says Managing Director of Cardboard and Paperboard Industries Association Aliqoli Hosni-Azami.
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Publish Date:11/August/2019 | 10:54

Tehran, Paris to Continue Dialogue for Defusing Regional Tension

EghtesadOnline: President Hassan Rouhani held a phone conversation with his French counterpart, Emmanuel Macron, on Tuesday, in which the two sides stressed the need to continue diplomatic engagement to find solutions to salvage the fraying 2015 nuclear deal and reduce tensions in the region.
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Publish Date:10/August/2019 | 13:00

Iran 's Non-Oil Trade Surplus With VISTA Reaches $420 Million

EghtesadOnline: Iran traded 10.81 million tons of non-oil commodities worth $6.33 billion with the VISTA group of countries in the last fiscal year (ended March 20, 2019) to register a 42.85% and 27.33% decline in tonnage and value respectively compared with the year before.
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Publish Date:10/August/2019 | 24:51

Digital Electricity Meters For Kordestan Agro Sector

EghtesadOnline: An estimated 4,500 energy-intensive agricultural units and households have been equipped with smart electricity meters (known as Faham in Persian) in the mountainous province of Kordestan, head of the provincial power company said.
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Publish Date:06/August/2019 | 24:55

Iran : Q1 Red Meat Production Down 29%

EghtesadOnline: A total of 68,300 tons of red meat were produced in Iran during the first quarter of the current fiscal year (March 21-June 21) to register a 29% decline compared with the similar period of the year before.
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Publish Date:04/August/2019 | 24:41

Steep Decline in Iran 's Trade With Switzerland

EghtesadOnline: Iran traded 40,377 tons of non-oil goods worth $28.2 million with Switzerland during the first Iran ian month (March 21-April 20), registering an 89.54% and 82.56% decline in tonnage and value respectively compared with the year before, latest available data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date:04/August/2019 | 24:41

Iran : Services PPI Surges 5.9% QOQ, 32.6% YOY

EghtesadOnline: The overall Producer Price Index for the services sector (using 2011 as the base year) stood at 347.8 in the first quarter of the current Iran ian year (March 21-June 21), indicating a 5.9% increase compared with the preceding quarter and a 32.6% rise compared with last year's same quarter.
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Publish Date:04/August/2019 | 24:38

Soaring Heat, Pollution Choke Tehran Residents

EghtesadOnline: After several months of breathing relatively clean air, Tehran’s residents experienced a harsh deterioration in air quality while temperature also rose in July.
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Publish Date:04/August/2019 | 24:25

Afghan Customs Chief in Iran

EghtesadOnline: Director General of Afghanistan Customs Department Ahmad Reshad Popal, accompanied by a delegation of Afghan officials, arrived in Iran on Tuesday to hold talks with his Iran ian counterpart, Mehdi Mir-Ashrafi.
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Publish Date:31/July/2019 | 10:38

30% Drop in Number of New Cooperatives

EghtesadOnline: A total of 229 new cooperatives were registered during the fourth month of the current Iran ian year (June 22-July 22), which shows a 30% decline compared with the corresponding period of last year, latest data released by the Ministry of Cooperatives, Labor and Social Welfare's Statistics and Strategic Data Center show.
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Publish Date:31/July/2019 | 10:37

Iran to Join Agreement on Int'l Carriage of Perishable Food

EghtesadOnline: Iran ian lawmakers have passed the bill to allow Iran to join the Agreement on the International Carriage of Perishable Foodstuffs and on the Special Equipment to be used for such Carriage, also known as ATP.
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Publish Date:31/July/2019 | 10:36

Tehran to Host Trade Forum With Cuba on Aug. 10

EghtesadOnline: A joint trade forum between the businesspeople of Iran and Cuba is scheduled to be held in Tehran on Aug. 10, which marks the 40th anniversary of the start of diplomatic relations between Iran and Cuba.
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Publish Date:31/July/2019 | 10:35

CBI’s Vice-Governor, Australia Envoy Confer

EghtesadOnline: A deputy governor of the Central Bank of Iran met the Australian ambassador to Iran , Ian Biggs, on Tuesday to discuss monetary and banking issues. The two sides agreed to expand banking cooperation.
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Publish Date:31/July/2019 | 10:32

Iran -US Trade Coming to Complete Halt Amid Tensions

EghtesadOnline: While the US pressures on Iran ’s economy has escalated now more than ever by imposing harsh sanctions against the Islamic Republic, commercial exchanges between the two countries is gradually coming to a halt.
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Publish Date:30/July/2019 | 11:33