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Iran Gov’t Expects to Make $5.5 Billion From Gasoline Export

EghtesadOnline: The latest rationing and doubling of gasoline prices that started out of the blue last Friday (Nov. 15) will annually generate up to $5.5 billion in export revenue for the government, a board member of the Iran ian Oil, Gas and Petrochemical Products Exporters’ Association said.
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Publish Date:25/November/2019 | 11:51

Economist: Gas Price Hike Impact Not Inflationary

EghtesadOnline: Senior economic analyst Saeed Laylaz says there is no scientific evidence that the rise in gasoline prices would definitely have an inflationary impact.
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Publish Date:24/November/2019 | 11:21

Loans for Buying E-Bikes

EghtesadOnline: In a push to promote electric motorcycles, Tehran Municipality, jointly with the state-backed Omid Entrepreneurship Fund, will extend cheap loans to e-bike buyers, covering 80% of the vehicle's price.
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Publish Date:24/November/2019 | 11:20

Banks Will Lend $8.3b to Help Raise Production

EghtesadOnline: The Central Bank of Iran , as part of a plan called "Productive Working Capital" has assigned a number of banks to lend 1,000 trillion rials ($8.3 billion) to productive businesses in the agriculture, housing and construction, industries and mining, petroleum and tourism sectors.
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Publish Date:24/November/2019 | 11:19

Russia to Help in Iran 's Energy Projects

EghtesadOnline: Energy Minister Reza Ardakanian arrived in Moscow Thursday for talks with his Russian counterpart Alexander Novak and follow up on a planned $5 billion loan from the government in Russia.
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Publish Date:24/November/2019 | 11:11

Box Office Earnings in Iran Surge 19% to $18m

EghtesadOnline: Iran 's box office earnings during the first eight months of the current Iran ian year (March 21-Nov. 21) stood at 2.16 trillion rials ($18.28 million) to register an increase of 354.73 billion rials ($2.99 million) or 19.58% compared with last year’s similar period.
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Publish Date:24/November/2019 | 11:10

Iran ian Banks Increasing Deposits

EghtesadOnline: More than 22,630.7 trillion rials ($191 billion) in deposits were held by banks and credit institutions during the month to August 22, according to a Central Bank of Iran report.
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Publish Date:24/November/2019 | 11:09

Businesses in Iran Raise $7b From Capital Market

EghtesadOnline: Investors in the Iran ’s capital market helped businesses raise 853 trillion rials ($7.1 billion) since the beginning of the current fiscal year (March 2019), says Ali Sahraee, the managing director of TSE.
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Publish Date:24/November/2019 | 11:01

Hamedan Continues to Seal Illegal Water Wells

EghtesadOnline: One anxiety in water management in Iran is the pattern of dwindling groundwater resources, and a key step taken in this regard is the unending fight against unauthorized water wells.
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Publish Date:23/November/2019 | 24:48

'Desert Tourism Train' Launched

EghtesadOnline: Raja Passenger Train Company, an affiliate of the Islamic Republic of Iran Railways, ran its first tourist train branded as “desert tourism train” between Tehran and Kashan in the northern part of Isfahan Province on Thursday.
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Publish Date:23/November/2019 | 24:44

Pompeo’s Support for Rioters Denounced

EghtesadOnline: A senior diplomat denounced US Secretary of State Mike Pompeo’s backing for rioters who took advantage of protests over gasoline price hike in Iran over the past few days, saying the US is not sympathetic toward the Iran ian people but supports the spread of chaos.
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Publish Date:23/November/2019 | 24:43

Pentagon: Iran 's Missile Force Unrivaled in Middle East

EghtesadOnline: Despite decades of sanctions, Iran has succeeded in developing its missile arsenal, which is larger than that of any other Middle Eastern country, a Pentagon study said on Tuesday.
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Publish Date:23/November/2019 | 24:41

Pride, Peugeot 405 to Retire by June 2020

EghtesadOnline: The longstanding debate over halting the production of poor quality cars in Iran has reached a tipping point with a clear deadline in sight, despite automakers bemoaning a lack of substitute for these models.
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Publish Date:23/November/2019 | 24:40

Iran Gov’t to Unveil New Divestiture Scheme

EghtesadOnline: The government will unveil a plan this week for the divestiture of state-owned companies in the stock market, the economy minister said.
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Publish Date:23/November/2019 | 24:29

Tehran Stock Exchange Market Cap at Three-Year High

EghtesadOnline: Total market capitalization of Tehran Stock Exchange reached 11,200 trillion rials ($95 billion) by the end of seventh fiscal month to October 22, the highest since the beginning of fiscal 2016-17.
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Publish Date:23/November/2019 | 24:28

Lead, Zinc Ore Extractions Exceed 580K Tons

EghtesadOnline: Major Iran ian lead and zinc producers extracted a total of 585,232 tons of ores during the first seven months of the current Iran ian year (March 21-Oct. 22) to register a decline of 22% compared with last year’s corresponding period, the Iran ian Mines and Mining Industries Development and Renovation Organization’s latest report shows.
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Publish Date:23/November/2019 | 24:27

Exports From East Azarbaijan Expected to Hit $3b by March 2020

EghtesadOnline: Exports from East Azarbaijan Province are expected to reach $3 billion by the end of the current Iran ian year (March 19, 2020), says the head of Tabriz Chamber of Commerce, Industries, Mines and Agriculture.
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Publish Date:23/November/2019 | 24:26

Hajj Flights Rise 97%

EghtesadOnline: Iran Air operated 724 hajj flights in the current Iran ian year (March 2019-20) to register a 97% rise compared to last year (ended March 20, 2019), according to the CEO of Iran ’s flag carrier.
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Publish Date:23/November/2019 | 24:25

Iran 's H1 Mining Royalty Payments Hit $70m

EghtesadOnline: Iran ian miners paid a total of 8.65 trillion rials ($70.95 million) in mining royalties to the government during the first half of the current Iran ian year (March 21-Sept. 22).
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Publish Date:23/November/2019 | 24:22

Half a Million Health Tourists Visited Iran Last Year

EghtesadOnline: Between 500,000 and 550,000 tourists visited Iran from neighboring countries for medical purposes during the last Iran ian year (ended March 20, 2019), the head of Health and Medical Education Ministry’s Health Tourism Bureau said.
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Publish Date:23/November/2019 | 24:18