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Iran Finding New Trade Hub in Oman

EghtesadOnline: Can Oman become the new hub for the reexport of Iranian products? The head of Iran-Oman Chamber of Commerce, Mohsen Zarrabi, believes so.
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Publish Date:29/September/2019 | 24:38

New Renewable Power Plants to Add 160MW to Iran National Grid

EghtesadOnline: Fourteen renewable power stations with the capacity to generate 160 megawatts are ready to be connected to the national grid in seven provinces, head of the Renewable Energy and Energy Efficiency Organization (Satba), affiliated to the Energy Ministry said Tuesday.
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Publish Date:28/August/2019 | 10:35

Shaparak Plans New Mobile Payment Network

EghtesadOnline: A new generation of mobile payment network will be unveiled soon, said an official with the local payment settlement network regulator, Shaparak.
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Publish Date:11/August/2019 | 10:45

Iran: New Trade Monitoring System Planned

EghtesadOnline: Governor of the Central Bank of Iran says a new trade monitoring system is in the offing to complement the Integrated Forex Deals System (known by its Persian acronym Nima).
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Publish Date:24/June/2019 | 11:36

A Bid for CBI Independence

EghtesadOnline: I ndependence of the Central Bank of Iran lies at the heart of a new set of regulations known as Central Bank Bill, says the head of the Majlis Economic Commission.
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Publish Date:15/December/2018 | 11:07

Rising Gasoline Consumption Forces NIOPDC to Keep Importing

EghtesadOnline: G asoline consumption in the fifth Iranian month that ended on Aug. 22 reached an unprecedented average of 100 million liters per day, forcing the National Iranian Oil Products Distribution Company to keep importing.
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Publish Date:05/September/2018 | 11:50

MAPNA, Energy Ministry Indigenize Wind Turbine

EghtesadOnline: T he Energy Ministry’s Niroo Research Institute and MAPNA Group have manufactured a 2-megawatt wind turbine transformer, which will be operated in Abhar, Zanjan Province.
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Publish Date:08/August/2018 | 07:31

Erdogan says new Israeli law fascist, Hitler's spirit re-emerging

EghtesadOnline: Turkey’s President Tayyip Erdogan said on Tuesday an Israeli law declaring that only Jews have the right of self-determination legitimizes oppression and shows that Israel is a fascist and racist country where the spirit of Adolf Hitler has re-emerged.
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Publish Date:24/July/2018 | 10:50

Gov’t Committed to Meet All Forex Needs

EghtesadOnline: T he government is committed to meeting all hard currency needs, including the ones that exceed the current caps devised in the wake of the foreign exchange rate unification implemented last month, Government Spokesman Mohammad Baqer Nobakht said on Sunday.
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Publish Date:07/May/2018 | 08:23

Stocks Stutter Against Bonds in Tehran

EghtesadOnline: T ehran stocks’ attraction is further dissipating, as the debt and foreign exchange markets take centre-stage and new political risks sour equity traders’ sentiment.
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Publish Date:17/March/2018 | 07:49

Forex Rally Upsets Markets

EghtesadOnline: T he rial continued to drop to record lows against the US dollar on Sunday, ending a short spell of stability that held for only a few days after the government assured the public that volatility in the foreign exchange market was temporary.
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Publish Date:05/February/2018 | 14:28

Iran Eyes New Oil Buyers as Asia Remains Linchpin

EghtesadOnline: Iran continues its quest for new crude buyers, especially in Europe, but its loyal customer base will continue to hinge on countries like India and China, whose demand for Iranian crude has observed a steady rise this year.
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Publish Date:02/November/2016 | 06:35

Iran's Auto Imports in 4 Months

EghtesadOnline: A report on vehicle import in the first four months of the current Iranian year (started March 20) has been released by Market Monitoring Unit of Car Iran, a local auto e-magazine.
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Publish Date:25/August/2016 | 15:52

IKCO-Renault Deal Clouded by Uncertainty

EghtesadOnline: Renault has been notified that it may continue its Iran operations only if it alters its policies, said a deputy minister of industries, mining and trade.
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Publish Date:21/August/2016 | 24:12