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CNG Use Expanding

EghtesadOnline: Domestic compressed natural gas consumption has reached 25 million cubic meters a day, indicating 31% rise compared to the 19 mcm/d before gasoline was rationed and pump prices increased in mid-November.
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Publish Date:12/February/2020 | 10:51

Iran Fara Bourse Sells Gov’t Stake in Shiraz Oil Refinery

EghtesadOnline: The Iran ian Privatization Organization sold a block of shares of Shiraz Oil Refining Company on Iran Fara Bourse, the over-the-counter stock market. The IPO move was made on behalf of the National Iran ian Oil Refining and Distribution Company.
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Publish Date:12/February/2020 | 10:48

West Azarbaijan Exports Surpass $1.6b Since March

EghtesadOnline: West Azarbaijan Province has exported $1.69 billion worth of commodities since the beginning of the current fiscal year (March 21, 2019).
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Publish Date:10/February/2020 | 24:49

Tech Zone Opens in Isfahan

EghtesadOnline: In an effort to develop the domestic technology ecosystem, a tech zone has been launched in the central province of Isfahan early this week.
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Publish Date:10/February/2020 | 24:46

MP: Europe Sees Iran Ties Vital for Regional Interests

EghtesadOnline: Despite the US attempts to drive a wedge between Iran and Europe over the 2015 nuclear deal, the European powers set great store on Iran ’s significant regional role and, therefore, are incentivized to help preserve the landmark accord, a lawmaker said.
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Publish Date:10/February/2020 | 24:40

Plunge in Trade With US

EghtesadOnline: Iran ’s commercial exchanges with the US stood at $74.5 million in 2019 to register an 84.97% decline compared to the year before.
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Publish Date:10/February/2020 | 24:33

New Year Perks Determined

EghtesadOnline: The Cabinet has set 12 million rials ($88.8) in annual perks for government employees and pensioners paid before the onset of the Iran ian New Year with their salary for 11th month of the Iran ian year (Jan. 21-Feb. 19), Mehdi Qamsarian, the spokesman of Plan and Budget Organization said.
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Publish Date:10/February/2020 | 24:32

Lead, Zinc Ore Extractions Exceed 820K Tons

EghtesadOnline: Major Iran ian lead and zinc producers extracted a total of 821,905 tons of ores during the first 10 months of the current Iran ian year (March 21, 2019-Jan. 20) to register a decline of 12% 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:10/February/2020 | 24:31

Iran Slips in Int'l Property Rights Index

EghtesadOnline: Iran ’s International Property Rights Index score has declined by 0.169 to 4.578, placing it 12th in the Middle East and North Africa region and 103rd in the world, according to Property Rights Alliance's latest report.
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Publish Date:10/February/2020 | 24:30

Expert Hails Borrell’s Visit as Positive

EghtesadOnline: Meetings between Iran ian officials and the European Union foreign policy chief, Josep Borrell, in Tehran on Feb. 3-4 showed that the European powers are open to waiting out US President Donald Trump’s first term in office before taking further action on the 2015 nuclear deal, a foreign policy expert said.
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Publish Date:09/February/2020 | 11:54

Customs Duty to Be Imposed on Date Exports from Iran

EghtesadOnline: Exports of dates will be subject to customs duty from April 3 to May 20, Hamid Zadboum, the head of Trade Promotion Organization of Iran , announced in a letter to the National Association of Iran ian Dates.
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Publish Date:09/February/2020 | 11:51

EDBI Issues Export Guarantees Worth $23m

EghtesadOnline: Export Development Bank of Iran issued export guarantees worth $23 million from the beginning of the current fiscal year that ends in March.
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Publish Date:09/February/2020 | 11:50

Iran 's Top Insurer Expanding Frontiers

EghtesadOnline: Iran Insurance Company, the largest and the only state-owned insurance company in Iran , is planning to increase its capital to 110 trillion rials ($817 million) before the current fiscal year ends in March, the company CEO said.
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Publish Date:09/February/2020 | 11:42

Iran Literacy Rate at 96%

EghtesadOnline: The rate of literacy among Iran ians of ages 10 to 49 has reached 96% in the current Iran ian year (ending March 19, 2020), indicating a 1.3% growth compared with the year ending March 2017, the head of Literacy Movement Organization said.
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Publish Date:08/February/2020 | 11:55

Swiss Payment Mechanism Does Not Impress

EghtesadOnline: Tehran seems unimpressed and also pessimistic over the newly-created Swiss payment channel aimed at delivering humanitarian goods to Iran .
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Publish Date:08/February/2020 | 11:53

Bank Melli Lends $7 Billion in 10 Months

EghtesadOnline: Bank Melli Iran , the biggest state-owned lender, gave 952 trillion rials ($7.1 billion) in loans over ten months since the beginning of current fiscal year that ends in March.
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Publish Date:08/February/2020 | 11:51

Utility Struggles to Cut Non-Revenue Water

EghtesadOnline: It is estimated that 600 million cubic meters of water is wasted in the country every year. From this colossal malfunction the loss of 153 mcm (non-revenue water) cannot be avoided, head of the customer department at the National Water and Wastewater Engineering Company (Abfa) said.
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Publish Date:08/February/2020 | 11:50

Trump Deal a Palestinian Rallying Cry Against Israel

EghtesadOnline: Taking measures against US President Donald Trump’s outrageous Middle East ploy could help foster solidarity among Palestinian movements, Iran ’s ambassador to Kuwait said.
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Publish Date:08/February/2020 | 11:49