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Auto Parts Market Grappling With Price Hike, Slow Import Clearance
EghtesadOnline: Customs bureaucracies and the rise in foreign exchange prices have created problems for the domestic auto parts market.
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Q1-3 Economic Growth at 3.3%
EghtesadOnline: A breakup of economic sectors by SCI shows the “industries and mines” and “services” groups registered 5.3% and 2.6% growth respectively, while “agriculture” contracted by 4.3%
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EU Determined to Advance JCPOA Revival Talks
EghtesadOnline: The European Union foreign policy chief reiterated the bloc’s will to advance and conclude talks on the revival of the 2015 nuclear deal, known as the Joint Comprehensive Plan…
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SCI Reviews Urban Real-Estate Market in Q4 of Fiscal 2021-22
EghtesadOnline: According to the Statistical Center of Iran, the average price of each square meter of residential floor area in urban areas rose by 24.8% in Q4 (Dec. 22, 2021-March 20, 2022)…
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Iran: Top Council Approves New Measures to Support Bourse
EghtesadOnline: The Supreme Council of Economic Coordination gave the go-ahead to the government to implement a package of 10 measures to help bolster the depressed stock market.
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New Corona Cases Declining in Most Provinces
EghtesadOnline: A majority of provinces in Iran are seeing a decline in the number of new COVID-19 cases and related deaths, Deputy Health Minister Iraj Harirchi said.
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New Corona Cases Decline
EghtesadOnline: Iran’s new coronavirus cases dropped to its lowest in eight days on Tuesday, registering 2,089 infections, down by 185 from a day earlier, a health official announced.
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Need to Mitigate Impact of Virus Outbreak on Economy
EghtesadOnline: Iran must not allow the spread of the new coronavirus to adversely affect the country’s economic recovery, President Hassan Rouhani said, as the death toll from the disease rose…
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New Drilling Rig for NIDC
EghtesadOnline: Equipped with advanced equipment, the National Iranian Drilling Company is able and willing to expand the scale and scope of its activity in offshore and onshore oilfields.
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Veteran Bankers Defy Iran's New Banking Bill
EghtesadOnline: A group of banking experts, including former governors of Central Bank of Iran, has criticized provisions of a new banking bill as ambiguous, impractical and lacking informed…
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Lessons in Water Conservation Must Start From Our Schools
EghtesadOnline: Using water more efficiently demands a paradigm shift and an ethical revolution in addition to technical solutions, managing director of Tehran Regional Water Company said.
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New Terminal at Ardabil Airport
EghtesadOnline: A new terminal at Ardabil Airport, located in the northwestern Ardabil Province, was inaugurated on Wednesday morning in the presence of President Hassan Rouhani and Minister…
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Iranian Banks Install New ATMs
EghtesadOnline: The number of ATMs in Iran reached 58,442 by the end of November, which shows banks installed more than 1,800 new devices in one year to meet increasing demand for services out…
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Underprivileged Provinces Have Lion's Share of New Cash Subsidies
EghtesadOnline: Underprivileged provinces will receive bigger shares from the government’s fresh cash subsidy as compensation for the recent hike in gasoline prices, known as the Livelihood Assistance…
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Iran, IAEA Set Up New Joint Projects
EghtesadOnline: Four technical cooperation projects between Iran and the International Atomic Energy Agency were approved during the agency’s board of governors meeting last week, according to…
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Iran's New Oilfield Named ‘Namavaran’
EghtesadOnline: Following the announcement of a huge oil field discovery in the southwest at the weekend, Oil Minister Bijan Namdar Zanganeh said Monday that the new oilfield in Khuzestan Province…
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No Need for Concern Over New IAEA Chief
EghtesadOnline: As long as Iran honors its commitments to the International Atomic Energy Agency, there is absolutely no reason for concern about the appointment of a new director general whose…
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New Housing Program Launched in Iran
EghtesadOnline: Registration for government-sponsored "National Housing Initiative", aimed at supplying a total of 400,000 affordable homes, will begin on Nov. 6 in 10 provinces across the country,…
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New Private Post Operator Promises More Efficiency
EghtesadOnline: The first private post operator was introduced at Iran's Chamber of Commerce in Tehran on Monday.
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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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New Subway Station Launched in Tehran
EghtesadOnline: On the eastern flank of Tehran subway's unfinished Line 6, Imam Hussein (PBUH) junction station was inaugurated on Saturday.
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Rouhani Invites Regional States to Join ‘Hope’ Coalition
EghtesadOnline: President Hassan Rouhani has called on regional states to join the Hormuz Peace Endeavor (Hope), a security coalition proposed by Iran for defusing tension in the Persian Gulf.
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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…
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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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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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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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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…
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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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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…
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TEDPIX Breaks Above 112,000 to Notch New High
EghtesadOnline: T ehran Stock Exchange’s main index gained 2,659.33 points or 2.43% on Sunday to end trading at 112,060.7.