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Gov’t Over- Borrowing From CBI
EghtesadOnline: In the first two month of current fiscal year (March 21-May 20) the government borrowed 400 trillion rials ($1.7 billion) in discretionary spending from the Central Bank of Iran,…
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Equities Playing Bigger Role
EghtesadOnline: Economic sectors benefited from the capital market to the tune of 3,030 trillion rials ($12 billion) in the first ten months of the current fiscal year that ends in March.
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20-Fold Rise in Exports From Razi Rail Border
EghtesadOnline: Atotal of 18,000 tons of goods worth $41 million were exported from Razi border crossing in West Azarbaijan’s Khoy County via 813 cargo wagons during the first month of the current…
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Abe’s Advisor to Visit Iran
EghtesadOnline: An advisor to Japanese Prime Minister Shinzo Abe is set to visit Tehran later this week to pursue Tokyo's initiative of reducing tensions in the Middle East and helping settle…
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Chinese Envoy: Meddling in Tehran-Beijing Ties Unacceptable
EghtesadOnline: C hina has strategic cooperation with Iran in various fields and no country is allowed to interfere with the two countries’ mutual ties, the Chinese ambassador in Tehran said.
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Tehran Stocks Tumble
EghtesadOnline: A fter two consecutive days of rallies, trade in Tehran Stock Exchange tumbled on Tuesday as the stocks of major listed companies hit by selloff pressure.
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Iran's ECA Moves to Help Trade With Europe
EghtesadOnline: In a series of tweeter posts head of the Export Guarantee Fund of Iran said memorandums of understanding will be signed soon with European countries to facilitate trade.
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OPEC Agrees to Hike Production
EghtesadOnline: O PEC agreed on Friday to raise oil production by around 1 million barrels per day from July for the group and its allies, an OPEC source said.
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Iran, Turkey Start Using Nat’l Currencies in Trade
EghtesadOnline: I ran and Turkey have started implementing a deal finalized by the two neighboring countries last year to use their national currencies in mutual trade with the first letter of…
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Finnish police 'quite certain' about attacker's identity: local media
EghtesadOnline: Finnish police raided an apartment in eastern Turku and said it was "quite certain" it had identified the attacker who killed two people and wounded eight during a stabbing rampage…
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Iran, Japan to boost cooperation for optimizing energy
EghtesadOnline: Iran and Japan will promote cooperation in energy optimization in buildings as the two companies of knowledge-based Mahsabad and AZBIL have launched cooperation in the field.
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Airbus Suffers $1.5 Billion Hit Against Delays to Two Key Models
EghtesadOnline: Airbus Group SE took charges totaling 1.4 billion euros ($1.5 billion) against delays and glitches at two key programs that have left it even more reliant on a second-half production…
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CBI: Foreign debt down in Ordibehesht
EghtesadOnline: Excerpts of Iranian economic statistics relating to the first two months of this Iranian year (started on March 20) show that Iran’s foreign debts decreased by 75 million dollars…
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Iran blasts Kazakh terrorist attacks
EghtesadOnline: Iran categorically slammed terrorist attacks in Kazakhstan.