Week
-
Bank Working Hours Cut Due to Power Shortages
EghtesadOnline: Banks and most government offices are cutting working hours following widespread power shortages that has gripped the country as temperatures rise.
-
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…
-
Iran Fara Bourse Grows 123% in 9 Months
EghtesadOnline: Benchmark of Iran Fara Bourse, over-the-counter stock market, stood at 5,031 points at the end of last trading session on Jan 1.
-
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…
-
Wangiri Scam Costs Iranian Cellphone Users Thousands of Dollars
EghtesadOnline: I n a phone scam recently gone viral in Iran, 126,000 cellphone subscribers have been targeted costing them some 3.8 billion rials ($27,300) collectively, deputy ICT minister…
-
FATF Week Begins With Iran on Agenda
EghtesadOnline: The Financial Action Task Force, the global anti-money laundering body, convenes on Sunday with a to-do-list which includes evaluating the progress by Iran in fulfilling its Action…
-
Iran’s Light Crude Approaching $70
EghtesadOnline: T he price of Iran’s light crude oil settled up $1.69 a barrel at $69.23 in the week to Jan. 12, in line with a rally that has pushed global prices to their highest levels in…
-
Gov’t Sells $225m Worth of Bonds in 1 Week
EghtesadOnline: T he government sold a batch of bonds worth 10 trillion rials ($225 million) last week, the Ministry of Economic Affairs and Finance announced.
-
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.