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BMI’s 100-Day Foreign Exchange Transactions Exceed $3 Billion

EghtesadOnline: In light of Iranian banks’ expanded international role in the post-sanctions era, the volume of Bank Melli Iran’s forex transactions exceeded $3 billion during the first 100 days of the second term of President Hassan Rouhani which began in August, a report released by the bank announced.
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Publish Date:13/December/2017 | 13:32

Threefold Rise in Departure Tax Proposed

EghtesadOnline: The significant rise in departure tax stipulated in the budget bill for the coming fiscal (March 2018-19) has sparked a social media frenzy in Iran.
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Publish Date:13/December/2017 | 24:51

Iran Budget Bill in Parliament on Sunday

EghtesadOnline: President Hassan Rouhani is scheduled to submit the budget bill for the upcoming fiscal year (March 2018-19) to the parliament on Sunday after the Cabinet approved it on Wednesday, the government spokesman and president of Planning and Budget Organization said.
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Publish Date:09/December/2017 | 08:52

Rationality of Bread Pricing

EghtesadOnline: The government has let go of economic rationality in the face of public pressure at least twice in just 100 days since President Hassan Rouhani was reelected.
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Publish Date:09/December/2017 | 08:19

Bank Maskan to Become Regional Development Bank

EghtesadOnline: As part of its roadmap until the end of the second term of President Hassan Rouhani in the fiscal 2021-22, which will coincide with the turn of the Iranian century, Bank Maskan—the agent bank of the housing sector—aims to become a regional development force.
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Publish Date:26/November/2017 | 06:53

Iran’s president extols regional efforts to uproot Daesh

EghtesadOnline: Iranian President Hassan Rouhani has lauded the defeat of the Daesh terror group in Iraq and Syria, thanking all the nations and forces who pooled their resources to crush the remnants of the Takfiri outfit in the two neighboring countries.
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Publish Date:25/November/2017 | 15:05

Iran Gov’t Sends AML/CFT Amendments to Majlis

EghtesadOnline: President Hassan Rouhani has presented two bills for making amendments to the current Law of Combating the Financing of Terrorism and the Law of Anti-Money Laundering.
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Publish Date:21/November/2017 | 06:55

Saudi meddling in Lebanon ‘shameful’: Iran president

EghtesadOnline: The Iranian president denounces Saudi Arabia’s interference in Lebanon, saying it is “shameful” that a Muslim state has “begged” the Israeli regime to carry out military strikes against the Lebanese nation.
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Publish Date:20/November/2017 | 13:17

President Rouhani congratulates Turkey's Republic Day

EghtesadOnline: President Hassan Rouhani congratulated his Turkish counterpart Recep Tayyip Erdogan on the occasion of the 94th anniversary of the establishment of the Republic of Turkey Republic on Tuesday.
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Publish Date:31/October/2017 | 14:35

High Time for Bigger Role of Economists in Iran

EghtesadOnline: On May 19, Iranians voted for President Hassan Rouhani to serve a second term with the hope of seeing reforms carried out in the country’s economic arena.
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Publish Date:28/October/2017 | 11:56

Government Annuls Pricing Reform Scheme

EghtesadOnline: Based on President Hassan Rouhani ’s decree on Wednesday to the Industries, Mining and Trade Minister Mohammad Shariatmadari, the scheme to reform the sales of a select number of non-staple goods by allowing producers to avoid printing prices on their products was annulled.
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Publish Date:28/October/2017 | 11:54

Initiative to Stem Shadow Banks’ Growth

EghtesadOnline: President Hassan Rouhani has approved a bilateral initiative between the Central Bank of Iran and the Interior Ministry, which will grant the necessary authority to the two entities to prevent the formation of more illegal credit institutions in the future, a deputy interior minister said.
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Publish Date:28/October/2017 | 11:36

Rouhani: Iran ready to meet Uzbekistan's energy needs

EghtesadOnline: Iran's President Hassan Rouhani said on Wednesday that his country is ready to enhance relations with Uzbekistan, including providing it with supplies of energy.
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Publish Date:24/October/2017 | 14:46

Rouhani congratulates Hungary on national day

EghtesadOnline: Iran’s President Hassan Rouhani congratulated Hungary on national day and expressed happiness over positive, constructive developments in Tehran-Budapest relations during the recent years.
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Publish Date:23/October/2017 | 15:04