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Cigarette Production Up 42%

EghtesadOnline: A total of 18 billion cigarettes were produced in Iran during the first four months of the current fiscal year (started March 21), registering a more than 42% growth compared with the corresponding period of last year, ISNA reported, citing the Ministry of Industries, Mining and Trade's data.
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Publish Date:25/August/2019 | 10:44

Banks’ Surplus Assets Fall Out of Favor

EghtesaadOnline: While the government insists on lenders to get rid of their surplus properties, it seems that this is better said than done.
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Publish Date:25/August/2019 | 10:41

Expert: Europe Unable to Challenge US Sanctions on Iran

EghtesadOnline: Europe is not able to push back against the United States because the American and European economies are closely intertwined, says a political analyst, who argues that Iran should expand ties with Russia, China and regional countries in light of the expected failure of INSTEX.
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Publish Date:19/August/2019 | 10:39

35% Decline in Lead, Zinc Ore Extractions

EghtesadOnline: Major Iran ian lead and zinc producers extracted 322,799 tons of ores during the first four Iran ian months (March 21-July 22), which indicates a 35% fall in production 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:19/August/2019 | 10:32

ICCIMA to Host Trade Forum in Bulgaria

EghtesadOnline: Iran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to host a forum on trade and investment opportunities in Bulgaria on August 24.
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Publish Date:19/August/2019 | 10:31

13K Tons of Eggs Exported in Four Months

EghtesadOnline: Iran exported 13,000 tons of eggs during the first four Iran ian months (March 21-July 22), the head of Iran Veterinary Organization said.
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Publish Date:18/August/2019 | 24:29

Iran Favors ‘Constructive’ Ties With Regional States

EghtesadOnline: Visits by Iran 's chief diplomat to Persian Gulf states are in line with the country's policy of engaging constructively with regional countries, a senior official said, adding that foreign presence undermines peace and security in the Middle East.
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Publish Date:18/August/2019 | 24:04

Stopgap Fuel Card Rules Unhelpful

EghtesadOnline: So long as gas station attendants' cards are usable, the plan to reintroduce fuel cards cannot be implemented efficiently and transparently, a board member of Al-Zahra University in Tehran said.
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Publish Date:17/August/2019 | 10:46

Seasonal Ban on Rice Imports Lifted

EghtesadOnline: The Ministry of Industries, Mining and Trade has lifted its seasonal ban on rice imports.
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Publish Date:17/August/2019 | 10:45

42% Rise in Iran 's Non-Oil Trade With VISTA

EghtesadOnline: Iran traded 716,900 tons of non-oil commodities worth $549.79 million with Vietnam, Indonesia, South Africa, Turkey and Argentina, collectively known as VISTA, in the first Iran ian month (March 21-April 20) to register a 39.81% and 42.06% growth in tonnage and value respectively compared with last year’s corresponding month.
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Publish Date:17/August/2019 | 10:44

Close to 21,000 Public Complaints Against Goods, Service Providers

EghtesadOnline: A total of 20,955 public complaints were filed against goods and service providers with the industries, mining and trade organizations of provinces in the Iran ian month ended July 22, according to an official with Consumers and Producers Protection Organization.
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Publish Date:17/August/2019 | 10:42

$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